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Unlocking the Power of Power BI Service - Evolvous

Unlocking the Power of Power BI Service 

Taking effective decisions quickly is crucial for ensuring business success in the 21st century. To take the right decision at the right time, you need to have access to the right data and analyze that data to gain useful insights. Microsoft Power BI is a data visualization and analysis platform that helps you to do just that.  

However, businesses looking to adapt to Power BI often have certain doubts and confusion about the platform. You hear terms like ‘Power BI Service’, ‘Power BI Desktop,’ ‘DAX formula,’ which further complicate matters! So, let us try to simplify things a bit. Here, we are going to learn about Power BI Service, and you can use it for your business. 

What is Power BI Service? 

Let us start by getting our basics right. So, what exactly is Power BI Service? To put it simply, Power BI Service is a cloud-based business analytics service from Microsoft. With the help of Microsoft Power BI, you can connect to various data sources, create interactive reports and dashboards, and share them with colleagues to promote collaboration. As it is a cloud-based service, you can access reports and dashboards from anywhere using a web browser or mobile device. 

What is the Difference between Power BI Service and Power BI Desktop? 

Two of the most used terms are ‘Power BI Service’ and ‘Power BI Desktop.’ Since both sounds alike, it is easy to get confused between the two. So, what is the difference between Power BI Service and Power BI Desktop? 

Power BI Desktop is a free desktop application used for creating data models, reports, dashboards, connecting to various data sources, transforming, and modeling the data and creating visualizations. 

However, Power BI is a paid cloud-based service used by organizations to publish data visualizations and reports to the cloud. It is also used to share and collaborate with your colleagues and clients. 

So, you will need both Power BI Service and the desktop application to work with Power BI. The reports and visualizations are created on Power BI and to make it accessible to the entire team, you need to use Power BI Desktop. 

Know More About Power BI Service Costs 

Power BI Service plans have two levels – Power BI Pro and Power BI Premium. You can also use Power BI for free within Microsoft Fabric. To determine the total cost of ownership (TCO) of Power BI Service for your business, contact us today.

The Key Features of Power BI Service 

Let us explore some of the key features of Power BI Service, that make it a smart choice for your organization. 

Publishing and Sharing: As said before, Power BI allows users to publish their reports and dashboards created by Power BI Desktop to the cloud. This makes data and insights accessible to the right people within the organization, in a safe and secure way. 

Collaboration and Interactivity: Power BI Service facilitates collaboration within your team. Users can leave comments, ask questions, and annotate visualizations. Power BI Service also integrates seamlessly with Microsoft Teams, further enhancing teamwork and communication. 

Data Refresh: The effectiveness of decisions depends on the data being up to date. Power BI Service allows you to refresh datasets automatically on a scheduled basis. This ensures the accuracy and relevance of the data. 

These are only some of the features of Power BI Service. To explore the range of features of Power BI and the impact they can have on your business, visit our Power BI page. 

How Does Power BI Service Help Your Business? – Exploring Use Cases 

So, how does Power BI service benefit your business? Let us try to understand with the help of use cases. 

  • Making Intelligent Improvements to Sales Strategies 

Scenario: As a sales manager, you want to track the performance of your sales team in real time. You also need to analyze the sales data at a deeper level to identify trends, opportunities, and potential areas for improvement. 

The Power BI Service Solution: Here are some of the ways Microsoft BI can be used to make the right improvements to your sales strategy: 

  • You can create interactive data visualizations, actively monitoring key metrics like revenues, sales volume, and conversion rates through real-time data. 
  • Since the document is accessible across the sales team, they can collaborate and share their comments and suggestions. 
  • You can identify the products and/or markets that have made a significant contribution to your sales figures. You can also identify trends and gain insights into customer behavior. This information helps you to make effective, on-time decisions and improve strategic planning. 
  • Better Financial Reporting and Analysis 

Scenario: The finance team of an organization needs to generate financial reports, analyze expenses, and track budget across different departments and projects. 

The Power BI Service Solution: Here is how we can help with your financial reporting and gain more useful insights into financial performance. 

  • The financial team connects Power BI with the existing accounting systems, budgeting tools and spreadsheet to get the latest data. 
  • It comes with row-level security, which ensures that the sensitive financial information is only visible to authorized users. 
  • Finance managers can use the reports to monitor financial performance. Its advanced AI capabilities can help to identify opportunities and get suggestions about resource allocation and budget adjustments. 
  • Gaining Useful Customer Insights for More Effective Marketing 

Scenario: The marketing team wants to build an effective campaign. To do that, they want to analyze customer behavior and campaign performance to drive customer engagement. 

The Power BI Solution: It can empower your marketing teams to make decisions. Here is how: 

  • Power BI is directly connected to CRM systems like Dynamics 365 or other platforms that you might be using. 
  • Through interactive dashboards and visualizations, it can help the marketing team to analyze customer segments, track conversion funnels, and measure the effectiveness of marketing campaigns. 
  • You can use the AI Copilot feature to ask questions about customer behavior and campaign performance in natural language. The system will provide instant insights. 
  • The team can then use the insights and make suitable adjustments to messaging, targeting and channels to maximize ROI from your marketing campaigns. 

These are some of the ways in which Power BI can impact your business. Discuss your project with certified Power BI experts at Evolvous to discover how Power BI can benefit your business. 

How Power BI Services from Evolvous Help? 

Evolvous is a certified Microsoft Gold Partner, offering customized Power BI Services in Canada and United States, encompassing both Power BI Service and Power BI Desktop. Our tailored solutions help you to solve specific organizational challenges and improve overall efficiency. 

We have a detailed discussion with your team and then guide you in every step of developing and deploying the custom Power BI solution. Our team also offers comprehensive training and change management support so that your organization can adapt to the new application and processes more confidently. 

How Our Customized Power BI Services Helped Teck to Increase Process Efficiency and Cut Costs? 

Teck is one of Canada’s leading mining companies, focused on providing products essential to building a better quality of life for people around the globe. 

The Problem 

The company used Excel files and other applications to manage data, exposing them to human errors. Running analyses was tedious, with reports being processed daily, weekly, and monthly. They were looking for a single solution to consolidate data and perform in-depth analysis on real-time data. 

Our Solution 

Our team analyzed the Customer’s needs and designed the architecture of the BI solution that would allow the integration of disparate data sources and transform them into actionable reports. Our team took the additional responsibility of running queries, getting the latest data version, and finally meeting the report’s gaps. 

For operations managers to get the ability to conduct near real-time analytics, we employed the Power BI Desktop application, to deliver four distinct types of reports: 

  • Safety and incidence report  
  • Hourly net dumping report  
  • Ship loading report in kilotons  
  • Maintenance report 
The Impact 

reports to identify the efficiencies and inefficiencies. Incident reporting helped them take necessary safety measures and create a safer working environment.   

Read the full story here

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