Why should your business use it?Business Intelligence helps businesses seize opportunities. Costs can be managed effectively, and revenue opportunities recognised, with product performance at the touch of a button or an alert sent to your inbox.
Cost minimisation is essential for a profitable business, and PowerBI makes this easy across multiple departments, and throughout the business.The following report is an example of a typical financial report detailing analysis of budget vs actual expenditure by a firm. The report can be altered by date and department using the 'slicers' that are present on each page - one containing the names of different departments and another containing the periods to be viewed. To look at, for example, an analysis of the Sales department for the first 6 months of the year, sales should be selected from the department dropdown, and the period slider should be moved along to show periods 1 to 6. It's an incredibly intuitive way to view small snapshots of data, without having to produce and view multiple reports. Another way to alter the report is by clicking on certain areas of the visualisations within it. For example, clicking on the 'Expenses' section of the pie chart on page 1 alters the data in the column chart on the same page to show a breakdown of Expenditure vs Budget by month, but with the added information of what the values for Expenses were in each month in comparison to the overall values. Again, this is a simple way to drill down into data in a really useful way, and is what Power BI is brilliant for.
Track sales values in all locations with the click of a mouse, and drill down data from global level right the way down to the street. The following report is an example of a typical sales report by geographical location, where the coloured bubbles on each map represent sales in different locations. The report is interactive, and can be 'drilled down' (viewed in more detail) by the following process:
This report is for a specific set of data in a specific industry but demonstrates the capacity of Power BI to deliver great map-based business insights. As an example, one of our clients in the pharmaceutical sector employs patient records across multiple countries to view the global uptake of products that they supply. Power BI allows them to transform their data from a collection of uninspiring figures to a professional interactive report, that provides a snapshot of key information in a much smaller amount of time.
The following report is an example of a typical product performance report for a bicycle sales company. This report is for a specific set of data in a specific industry,but demonstrates the capacity of Power BI to deliver great business insights. The report is interactive,and is navigated as follows.
1. Click on individual parts of visualisations to filter pages by a specific field - for example,
clicking on a month on the 'Sales' page column chart will display a view of the other visualisations for the selected month only.
2. Click on any of the checklist boxes on the 'Gross Profit' page to filter the page by Group, Product and/or Country.
3. Click on a specific month on the 'Gross Profit' trend analysis chart to see the trend for the selected month only.