Business Intelligence 01
Business Intelligence 01
Business Intelligence 01
The simple UI lets users create and visualize reports via a centralized
mobile or desktop dashboard and, because Power BI is SaaS, there are no
hardware costs or ongoing upgrade costs. Power BI is scalable and portable
and its upgrades are automatic.
Finally, for businesses looking to integrate machine learning tools into their
workplace, it gives users access to a catalog of pre-trained but customizable
machine learning models. These machine learning algorithms produce
real-time results and actionable insights.
Power BI vs Excel
As we know, Power BI's roots were as an Excel add-in, but today it stands on
its own. Those who are uninitiated to Power BI might wonder why Microsoft
offers two seemingly competitive data analysis applications. Still, when you
dig a little deeper, it’s clear that the two applications are very different.
Below is a comparison of strengths and weaknesses:
Excel Strengths
Fast calculations. You can’t beat Excel’s speed and ease in making
calculations, operations, and creating formulas.
Multiple uses. Excel is not just a data science application. Organizations
use Excel in accounting, human resources, operations management, and of
course, business analysis. Excel tasks include data entry and scraping data
from a website without switching apps.
Wide variety of templates. While the application is fully customizable,
there are several included templates, many of which require no previous
Excel training.
Great for creating tabular reports. Excel provides a structured way to
present data in rows and columns, making it ideal for generating detailed
reports.
Advanced calculation tables. Excel allows users to create complex
personalized calculation tables.
Excel Weaknesses
Not designed for complex tables. Power BI has trouble handling multiple
links between tables. Users need to ensure that additional data models
have unique fields, or Power BI could end up confusing the tables.
Bulky UI. Power BI’s user interface appears busy with icons and options,
sometimes blocking the view of dashboards and reports.
Difficult to configure visuals. Microsoft includes a wide variety of visuals
with Power BI. However, while users rarely need to configure visuals,
customization options are limited.
Power BI’s DAX formula is sometimes called rigid. Power BI is built
around DAX as an expression language. DAX can be challenging.
Concatenating more than two elements requires nesting statements.
Complex. On its own, Power BI is an intuitive, relatively simple tool to
import data and create reports. However, multiple interrelated tools add to
its complexity.
Closed-source. As with all Microsoft Office suite products, Power BI is
closed-source.
While both Power BI and Excel are databases, they are designed for
integration. Most organizations use Excel for tabular reports with limited
data requirements, and Power BI for data analysis and visualizations.