Business intelligence (BI) is the process of gathering information from data that can be used to direct an organization’s business decisions. BI focuses on graphic information that provides detail of previous and current activities within the organization.
The benefits of Business Intelligence (BI)
It allows businesses to answer queries about their performance, which gives them additional benefits in the market. There are many ways by which investing in business intelligence can benefit your business organization.
- Fast reporting
- Standardized data
- Operative efficiency
- Classifying market trends
- Competitor analysis
- Business Intelligence in ERP
What is Microsoft Power BI?
Power BI is a cloud-based business intelligence tool by Microsoft. It consolidates data from different sources into one platform. Then, it lets you use that data to create reports and dashboards that visualize what’s happening with your business.
Integrated Power BI for your business
Power BI with Business Central empowers you to aggregate, analyze, visualize, and share data. It includes several software services, apps, and connectors that work in tandem to bring together unrelated sources of data and translate them into visually immersive, interactive, and valuable information. Who can take benefits from Power BI?
- Analysts
- Developers
- Business Users
- IT
Benefits of Microsoft Power BI Implementation
- You can access data from anywhere with an internet connection
- It’s become easy to gain access to all your data in D365 BC with custom queries
- Microsoft cloud storage is used for storing new applications
- It is a business intelligence solution that blends with existing applications
- Utilize the built-in AI capacity for productive insights
- Gain in-depth understanding from data in multiple sources
Additionally
To continue to thrive, your business needs to remain agile, respond quickly to market changes, and proactively pursue opportunities. Business Central’s intuitive dimensional accounting combined with Power BI’s visual reporting form a critical tool you can use to gain a more thorough, timely, and predictive look into the future of your organization.
For more information and a tailored demonstration contact us today at MetaOption LLC.