Power BI
The advantage of Power BI lies in its business model and data analysis capabilities. Power BI was previously a plug-in for Excel, and its development was not ideal. So it got out of Excel and developed into a BI tool. As a latecomer, Power BI has iterative updates every month and catches up very fast. Power BI currently has three licensing methods: Power BI Free, Power BI Pro, and Power BI Premium. Just like Tableau, the features of its free version are not complete. But they are almost enough for personal use. And the data analysis of Power BI is powerful. Its PowerPivot and DAX language allow me to implement complex advanced analysis in a way similar to writing formulas in Excel.Towards Data Science
Explore Data & Analytics Statistics
- The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
- 53 percent of companies are adopting big data analytics
- Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
- 29 percent of investment professionals use search trends to derive data.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
Check Out Data & Analytics Tools
Recent Blogs on Data & Analytics
- Managing the Organizational Dynamics
- How to Build a Data Strategy Roadmap
- Scrum Master Best Practices to Accelerate Data Projects
- Power BI Download Options: App vs MSI
- Top 5 Benefits to Centralized Data
- Uncovering the Best Practices for Master Data Management
- Why choose Snowflake Cloud Data Platform?
- Data Solutions that Improve Risk Management for Banks
- Data Modeling is the Key to Success
- Exporting DATA from Tableau to Excel