The importance of data to day-to-day business operations has seen the introduction of several business intelligence tools. These tools, which come in various types and designs, and boast several features, are tailored to provide business executives and their teams with a means to extract insights from raw data and make informed decisions based on the result.
While there are several business intelligence tools out there, one of them making the rounds is the prevalent Microsoft creation: Power BI. The impressive features embedded in the Power BI would make anyone regard it as the best business intelligence tool ever created. But how true is that? We will soon find out!
What Is Power BI?
The power BI is a business intelligence tool designed to help users gather, store, and analyze data from various sources. This tool, which is a product of software giants, Microsoft, can turn processed data into valuable insights that can be visualized with charts, graphs, and other visualization elements.
Power BI offers several visualization styles. It is easy to use and designed to handle tons of data. With this impressive tool, business owners can understand their business operations and make good decisions based on their findings.
What Can It Do?
Power BI has several uses, all of which are beneficial to business owners. First off, this business intelligence tool can create reports and insights according to a company’s data. In addition, it’s embedded with features that make it compatible with a host of Microsoft products and third-party platforms to make it quite easy for users to extra data from multiple sources.
After creating interactive reports and visuals from a company’s data, users can share it with colleagues. Power BI gives users a sneak peek into the past, helps them see what’s happening in the present and what may occur in the future. Indeed, one can regard the power BI as a spyglass used by business executives to understand the trajectory of their business and make changes where necessary.
How Does Power BI Fare Compared to Other Alternatives?
If we are to determine if Power BI is the best business intelligence tool ever made, it makes sense to consider its alternatives. How good are these Power BI alternatives, and how do they compare to the Microsoft creation?
While we would agree that Power BI is an amazing business intelligence tool, it would be unfair if we fail to consider the possibility of a better rival or alternative. Tools like Domo boast better functionality and can be used in various industries apart from the financial industry.
Aside from Domo, other better power BI substitutes exist, with some having features better than the BI.
Is Power BI the Best Business Intelligence Tool Ever Made?
While it is evident that the Power BI boasts numerous features, it might be too early to dub it the best business intelligence tool ever made. Remember, this is a tool that is affected by a few limitations that threaten its user-friendliness. Maybe when these drawbacks are rectified, we can, without doubt, dub it as the best. But, until then.
No doubt, power Bi is a fantastic tool with a plethora of features designed to help business owners steer their business in the right direction. But, like a typical business intelligence tool, it has its flaws. So, before integrating it into your business’s operations, ensure that its uses are in sync with the challenges faced by your business.