DATA PRACTICE

Intro : Analyzing data with Power BI

To improve data analysis, many companies are looking for the right methods for decision making. Reporting tools like Microsoft Power BI provide simple and accessible solutions in different areas. If you are using reporting tools like Power BI, you will surely see all the features and updates to save you time and optimize your reports.

In this article you will see:

  • 3 Power BI training modules
  • What you need to know to analyse data with Power BI

I. The 3 Power BI training modules

Depending on your level of use of Power BI, you can join one of the 3 training modules:

  • Power BI Fundamental
  • Power BI Intermediate
  • Power BI Advanced

The main objective of these training sessions is to simplify the handling of Power BI and to become autonomous in the creation of your reports and other reporting modules. Remember that Power BI is part of a low-code platform developed by Microsoft under the name Power Platform. Below is a diagram of the different components of Power Platform (March 2022 version).

Source: Microsoft Power Platform

In the world of data visualisation, there are several reporting tools and Microsoft Power BI is in first place. It is ranked as both the most powerful and most comprehensive for the business of different organisations. According to Gartner*, over 250,000 organisations use Microsoft Power BI to manage their data. Below is the positioning of Power BI in the reporting tools market (2019):

Source: Gartner

II. What you need to know to analyse data with Power BI

Here are the essentials about the 3 possible deliverables with Power BI:

1. Power BI report

A Power BI report gives you access to several visuals to make it easier to understand the information. With Power BI Service you can create reports and share them with your entire team. When you need to both transform and model your data, the use of Power BI Desktop will be necessary in this case. Below is an overview of the Power BI Desktop homepage for creating a report.

2. Power BI Dashboards

To focus only on the most important visuals in the reports, it is possible to design a Power BI dashboard. Here you will find all your relevant information on one page. Below is an example of a dashboard with several visuals:

  • A table containing all the columns of the report (segment, country, sales price, product, quantities sold, etc.)
  • A pie chart of sales per segment.
  • A bar chart of sales by product.
  • A cascade chart of sales by calendar.
  • Key indicators: Manufacturing cost, Sales and Margins.

3. Power BI application

Power BI applications allow you to combine both reports and dashboards in one workspace: all your content is available in one place. Below is an overview of a Power BI application:

In summary, Power BI provides :

  1. Connect to data anywhere with hundreds of connectors.
  2. Easy to use to understand and share your information.
  3. An important positioning on one of the most dynamic Cloud technologies.

Read more:

Thank you for reading,

Fodé DIABY

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References :

(*): Gartner

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