In the competitive business world day to day new inventions are coming and applied on the Realtime business scenarios to understand the overview of the business. In the same manner software giant micro soft introduce Power BI exclusive for business analytics to the business world. In order to understand the power BI and its applications go through the full documentation.
Power BI is a product from Micro Soft for business analytics service. The main aim of Power BI is interactive visualization and business intelligence capabilities with a simple interface to create their own reports.
History of Power BI:
The first version of Power BI is released on 11th July, 2011. Thierry D’Hers and Amir Netz both are employees at Microsoft working for SQL server reporting team their idea turned into Power BI application by Ron George in the summer of 2010 and named this project as Crescent. Project Crescent was available for public on 11th July, 2011 bundled with SQL Server codename Denali. Later it was named to Power BI it was then unveiled by Microsoft in September 2013 as Power BI for office 365. First release of Power Bi is based on Excel based add-ins, power query, power pivot and power view.
Gartner, in 2019 February confirmed Microsoft as leader in the 2019 gartner magic quadrant for analytics and business intelligence platform as result of the capabilities of Power BI. The power BI functioned in Data Mining, business intelligence, and data warehouse.
What is Power BI:
Power BI is analysis platform which can be represent visualization of data. Power BI is a collection of software services, apps, and connectors that work together to turn your unrelated sources of data into coherent, visually immersive and interactive insights. If your data may be an excel spread sheet or collection of cloud-based and on-premises hybrid data warehouse. Power BI identify the key points of your data while connecting data sources, visualize data and you can share any one or specified persons whom you want to share.
Why Power BI:
- To create reports
- Connect to data source
- Transform and clean that data
- Create a data model
- Visualize data in the form of Graphs or charts
- Share reports using Power BI service
In most of the organization some people are responsible for above tasks they are considered as Data Analysts or Business Intelligence Professionals. You can visualize multiple sources of data in one chart or report with rich formatting and look and share among the organization or people.