If you are an Excel user, you might be wondering how Power BI can enhance your data analysis and reporting capabilities. Power BI is a cloud-based business intelligence platform that allows you to connect, visualize, and share insights from your data. In this blog post, we will show you five benefits that Excel users will get from using Power BI.
1. Get advanced visualization, modelling, and predictive capabilities. Power BI offers a variety of charts, maps, and interactive dashboards that can help you explore and present your data in a compelling way. You can also use Power BI to create custom calculations, measures, and relationships between your data sources. Plus, you can leverage the power of artificial intelligence and machine learning to discover patterns, trends, and outliers in your data.
2. Save time and increase efficiency. Power BI can help you automate and streamline your data preparation and analysis processes. You can use Power BI to connect to multiple data sources, both on-premises and in the cloud, and refresh your data automatically. You can also use Power BI to create and publish reports that can be accessed by anyone in your organization, on any device.
3. Gather, interpret, analyse and report data in new ways. Power BI can help you gain new insights from your data that you might not be able to get from Excel alone. You can use Power BI to combine and compare data from different sources, such as web analytics, social media, CRM, and ERP systems. You can also use Power BI to perform advanced analytics, such as sentiment analysis, text analysis, and what-if scenarios.
4. Collaborate and share your findings with others. Power BI makes it easy to collaborate and communicate with your colleagues and stakeholders. You can use Power BI to create and share dashboards and reports that tell a story with your data. You can also use Power BI to comment on reports, ask questions, and get answers in natural language.
5. Enhance your Excel skills and experience. Power BI is not a replacement for Excel, but a complement that can help you do more with your data. Power BI works seamlessly with Excel, so you can import and export data between the two tools. You can also use Power BI to extend the functionality of Excel with custom visuals, connectors, and templates.
As you can see, using Excel and Power BI together can help you discover rich and actionable insights from your data. If you want to learn more about how to use Excel and Power BI together, check out our online course: Better Together: 5 Benefits Excel Users Will Get from Using Power BI.