Microsoft Excel has been the preferred tool for business reporting for many years. Since 2015, when Microsoft launched Power BI – a “business intelligence” tool that delivers robust analytics and reporting capabilities, it has been simpler to comprehend and visualize complex data. The mindset of business owners began to change their approach and quickly changed the way they presented and analyzed their data.
Power BI was developed to aid in systematically analyzing data and sharing information. With the power of Microsoft’s business analytics tool, you can perform faster experiments using visualizations, calculations, and statistical functions over large data sets or the capability to get answers quickly through robust dashboards that help create successful strategies. It’s evident that Power BI delivers far greater insight into the data than Excel.
Power BI was built to be able to integrate with Microsoft technologies, such as Excel documents, SharePoint docs or SQL databases, but it isn’t only available to these legacy platforms!
As a cloud-based service, Power BI currently connects and retrieves data from 60 commonly used software solutions which include Salesforce, SAP, Google Analytics, Zendesk, MailChimp, QuickBooks and even Facebook. Because of the access to a wide range of data, you can use the data more efficiently and also cut down on the operational cost and time spent on the transfer and sharing of data. Other benefits include cost-effectiveness, immediate updates on data and having access via social media.
The analysis of data from multiple sources is faster and simpler, as you can look at the entire data in one spot! Power BI lets you keep up-to-date with every insight and makes it simple to create comparisons and use analytics or graph and display reports.
Since data modelling is the primary function of Power BI, it doesn’t need to model data in native systems before integration takes place. You can extract data directly out of the cloud or on-premises as well as hybrid platforms, with no need for complex manual exports or imports!
With excel, opening a big data sheet is very clumsy. Often many softwares and programs do not allow loading a large spreadsheet with tons of rows.
Microsoft power bi is built to integrate huge data sets for easy report creation. It makes it quick to access data from various sources to represent on the dashboard. Working with an overview of the entire data in one place is more productive and time-saving.
Excel doesn’t have any feature or the inbuilt capacity to handle large datasets at a time.
Along with seamless integration, power bi allows merging, evaluating, and analyzing data from different departments like production and logistics. This can only be done manually with Excel spreadsheets, which is tedious and a productivity killer.
Power BI uses powerful compression algorithms to load and store the data. This allows users to analyze, view and visually analyze vast amounts of data that cannot be opened using Excel. With this fantastic feature, you don’t have to trim down massive datasets to present a greater depth of analysis. Even the most comprehensive summaries and reports can be stored in a single file and be analyzed using drill-downs.
The human mind loves figures, but making sense out of thousands of data rows is not preferred. That’s why it is easier to read a pie chart or a simple graph for the annual sales comparison than plain, printed numbers on a sheet.
Power BI has its most prominent and significant advantage – report creation. With colors, themes, and metrics, it is easy to understand large data sets at a glance. Reading numbers on an excel sheet will never give away the insights as a simple report in power bi.
Another advantage of visual representation is that pictures stay in mind longer than numbers.
Finding trends in Power BI is incredibly simple. With built-in time intelligence capabilities, It takes just a few seconds to display vast quantities of data. Data can be viewed using various attributes and dimensions, including date-time dimensions.
The forecasting function uses built-in predictive forecasting models that automatically recognize the next step (weekly/monthly and annually) within your information and then make forecasts or estimates of the future. Power BI looks at your information and determines the most appropriate method to make the forecast. The forecasting tool offers Power BI users the ability to apply artificial intelligence to their data.
There’s no need to master advanced UX abilities; it’s simple to make visual masterpieces with Power BI! Drag-and-drop capabilities, simply changing the size and the ability to copy and paste; these capabilities will be familiar to Microsoft Office suite users. The creation of charts and graphs that are compatible with each other regarding coloring is never easier because of the Power BI branding theme.
Although Excel isn’t the most mobile-friendly, with the Power BI mobile apps available for iOS, Android or Windows, you’ll be on top of your industry by having easy access to complete reports and dashboards. Additional mobile-friendly features include KPI tracking and a global search function that lets users search for reports, dashboards, and groups by name.
Within Power BI (premium), you can easily set your data refresh time daily, or even daily or even hourly. Enjoy quicker and more stable data refresh, which can also cut down on resource consumption and management.
Power BI is a simple tool that lets you visually examine your data without fear. With its self-service capabilities, business users can be independent and not dependent on IT for collecting, transforming and analyzing data with real-time analytics and visualizations. Power BI will aid your company to shift into a new business intelligence culture centred on data-driven decision-making.
Imenso software – India’s leading power bi consulting company
Investing in data visualization solutions is not for fortune 500 companies. SMEs and large businesses quickly adapt to make the most out of data from various sources.
If your business is ready to make the jump to the next level with data analytics and visualization solutions, consult our power bi development company to organize your business data and provide it with the extra boost.
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Software outsourcing is the process of hiring an offshore development team to create custom software solutions for the digitalization of a specific business process via an application or software maintenance.
The major benefit of outsourcing software development is the advancement of business through digital infrastructure. Other benefits are:
We understand your concern for quality, but with Imenso, you don't have to worry. At the beginning of every project, we send you a list of experienced professionals from which you can choose from. Thus you are satisfied that your offshore software development project is in capable hands.
We work with many technologies to create custom software solutions. Our expertise includes robust PHP development using the best frameworks: Laravel, Yii, CodeIgniter, CakePHP and more.
For mobile development, we work with android, ios and hybrid development.
Game development, .NET, Power BI, WordPress, Shopify are some other competencies.
For more detailed insights, check out our technical expertise section.
Our team has an enthusiast in every industry. We know about the ins and outs of all. Together we've worked on projects from multiple industries including Tourism, Human Resource, Blockchain, Finance, E-Learning, Health Care, E-Commerce, B2B, Consulting, Fashion, Automotive and Real Estate.
We have a cumulative experience of 10 years working as a software and web development company. Our team of 60+ coders and developers at Imenso are proficient in the latest technologies which solve complex business issues seamlessly.
We love to code and create. PHP development, .NET development, mobile application development, business intelligence and data analytics, game development, CMS and eCommerce and UI/UX are the tools with which we work to provide technological solutions for real-world problems.
Our software/web development agency offers all types of hiring models: dedicated resource, fixed and hourly pricing as per your business needs.
Choose a dedicated resource for full control over your web development project. You can also go with the fixed pricing if the project requirements certainly won't change during its tenure.
The total time for project delivery is based on several factors. Our custom web/software team understands the requirements fast and deliver web solutions in the minimum time possible.
It generally takes around 12-15 weeks to finish a software development project with minimum features depending upon the number of iterations and functionality required. In around 12 weeks we develop a complete software product to solve your problem. Although a feature rich product takes longer.
Protecting your intellectual property is our top priority and we don't compromise with it. All the conversations and data about the project is NDA protected.
Our software and web development agency has experts for every technology. You can choose which professional is the best fit for your offshore project.
We deliver the best software solutions for our clients. However, if you aren't satisfied with the services provided, feel free to contact your Account Manager at Imenso Software. We will try to resolve your issue in the best ways possible.
Yes. Our software and web development company aims to provide the best client experience. We provide a dedicated project manager for your project only. The project manager is responsible to keep you updated about the progress and make sure the deadlines are met. He also takes feedback from you and optimizes work accordingly.