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Power BI

MICROSOFT POWER BI

Microsoft Power BI is a web-based suite of applications for analyzing business data and sharing insights using rich visualizations. Power BI enables users to author reports using intuitive drag-and-drop tools, publish, and share amid others using the online Power BI Service.

LociAfrica Business Intelligence system assists organizations to leverage on their data as a competitive advantage tool. With increasing data sources and endless generation of data, companies are using analytics to generate new insights and making data driven decisions. Our solution will assist you to leverage your existing data and new data being generated so as to assist you respond faster to the changing market dynamics, grasp opportunities and quickly get feedback. Turn your financial and non-financial data to be your goldmine in business.

Advantages of Power BI

Power BI is a great option for any size firm seeking for analytical and reporting features beyond Excel because of its many advantages. The main justification is that it provides straightforward data visualization and analysis for the whole company and provides deep insights into the performance and operation of the organization. Here is a summary of the most significant advantages of Power BI that, based on their needs, any type of business can take use of.

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1.ARTICIAL INTELIGENCE
According to its list of benefits and uses, Microsoft Power BI's main features might be its capacity for text analytics, image recognition, machine learning model building, and interface with Azure Machine Learning. With Microsoft AI's latest features, anyone—not just data scientists—can prepare data, build machine learning models, and extract insights from unstructured and organized data. permits the examination and exchange of big data

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2.Dashboards that are personalized and interactive reporting
A customizable, user-friendly, interactive dashboard that you can further customize to the needs of the business instead of relying on a one-size-fits-all solution is one of the benefits of the Power BI dashboard. It's also simple to create a customized report using the drag-and-drop capabilities. The advantages of the Power BI dashboard are practically limitless because of the possibilities for building strong models and visualizations.

3.Computational Intelligence
Permits the examination and exchange of big data Power BI can handle previously unheard-of data quantities and accelerates the process of acquiring insights by utilizing Azure. Additionally, strengthens the cooperation between data scientists, data engineers, and business analytics

4.Permits the examination and exchange of big data
Power BI can handle previously unheard-of data quantities and accelerates the process of acquiring insights by utilizing Azure. Additionally, it improves the cooperation of data scientists, data engineers, and business analyst

5.Information availability in real time
The dashboard updates instantly with new data that is pushed or streamed in. The most recent data and information have been updated into the visualizations to aid in issue solving, opportunity identification, and efficient handling of time-sensitive data.

6.Excel integration
Excel is still widely used by businesses for analytics and reports. For businesses that still choose to utilize Excel, Power BI offers advantages because of its superb and simple integration with Power BI dashboards. This makes it possible to create dynamic representations and quickly get the necessary data whenever needed.

7.Dazzling integration and support for a variety of data sources
Power BI offers smooth connection with a wide range of databases and data sources in addition to Microsoft product Power BI offers smooth connection with a wide range of databases and data sources in addition to Microsoft products. a number of corporate apps, including Dynamics 365, Salesforce, and SharePoint; online services, including Facebook, Google Analytics, and Adobe Analytics sources based on Hadoop, including Hadoop Distributed File System and HDInsight. Because it has so many built-in connectors, it really can connect to any data source for analysis. Furthermore, you can connect to sources that it doesn't support natively by using custom connectors.

8.Engaging UI/UX elements
Drag and drop is made simple in Power BI, and all formatting can be copied between visualizations. This improves the visual appeal of the scene.

9.The capacity to personalize security features
Row-level-security (RSL) filters can be configured to ensure that visitors can only view the relevant information. By doing this, the danger of a data breach is reduced because data cannot be exploited.

10.Power BI is an economical and cost-effective
Business intelligence and analytics solution that is considerably more affordable than other alternatives, particularly for small and mid-sized businesses. Based on the specifications, you can choose a Power BI version that meets your needs. Users of Power BI have a choose of three versions: Desktop, Pro, and Premium. Small organizations can use the free edition of Power BI Desktop to generate reports and dashboards on their desktop computer

11.Monthly updates with lots of new features are provided.
Users of Power BI can submit suggestions on a community platform and receive regular monthly upgrades from Microsoft. It incorporates the features that people actively want and responds to those requests. Making sure users have access to the newest and most advanced tools that assist well-informed business decisions is part of this.

12.Deploying several dashboards with Power BI applications
It is common for businesses to need many Power BI dashboards and reports. Power BI Pro users may quickly deliver a set of comprehensive, custom-built dashboards and reports to the entire company or to specific teams or departments using the Power BI Apps.

13.Easy to use: No need for specialist technical assistance
Power BI is a self-service BI tool, thus creating, running, and analyzing reports doesn't require technical or IT staff. Furthermore, creating dashboards is made straightforward and easy to understand with its drag-and-drop capabilities, attractive graphic design tools, and natural language interface.

14. Seamless access to your data at all times and on all platforms, anytime
All a user needs to access Power BI is an internet connection. Anyone on the team using iOS, Android, or Windows devices may use Power BI regardless of the device or time, or where they work (at work, home, on the go, or in a meeting). Because of all these features, Power BI is highly easy to use and accessible to all users, regardless of level of technical expertise.

15.Effective cooperation
One great feature of Power BI is team collaboration. It facilitates easy sharing of dashboards and information within its workplaces and allows co-ownership of them. () One can quickly learn about new reports by clicking the "Chat in Teams" button. These reports can be shared via Outlook links or embedded in other websites.