Is Power BI Important For Your Small Business?
You may have heard the term “Power BI” thrown about a little in the business world lately. It’s a hot topic. So it is important that you know what it is and that you know whether it is essential for your small business or not. If it is essential, you can and should implement it into your working process. If it’s not, then you can and should give it a miss!
Put simply, Power BI is a business analytics solution offered by Microsoft. This software lets businesses visualise and share their insights, which will help your business to move forward without the responsibility and work falling entirely on the shoulders of yourself and any employees you may have.
This software has plenty of benefits. It provides real-time updates, including live reports and much of the information provided can be viewed without waiting times. It also supports hundreds of data sources like existing online services and other Microsoft apps. Any visualised insights that you find useful can be embedded into apps and websites for ease of access.
Some examples of how Power BI can be used include calculating your return on investments, monthly sales and marketing engagement. But it can, of course, be used for various other things that will benefit your business in the long run.
So, if you haven’t considered investing in Power BI yet, you may find that it is extremely useful for you. The infographic by STL training below will be able to give you more insight into this innovative piece of software!
Infographic Design By STL training