-
Bharti Goel
- May 4, 2020
The growing popularity of Power BI in financial reporting has created an unprecedented Myth: ‘Power BI is a Financial Tool’. Well, it cannot be any further from the truth. The genius minds in Microsoft Corporation had a vision when they gave the world Power BI. BUT, who should learn Power BI?
Well, it was not just meant for financial enthusiasts.
The idea was to make use of Power BI from scratch at any front required and open new possibilities with cloud-based data analysis. Let us have a look at a few of the endless possibilities of Power BI implementations and who should learn it.
Who Should Learn Power BI?
1. Operations manager
Power BI dashboards or reports provide a glance at the health of the production environment. For that, the operations manager needs to design a System Centre Operations Alert dashboard that benefits the operations manager in two ways:
- Comparing Operations alerts by priority and category, and see how management performed over time.
- Identify trouble spots and get the information needed to understand what needs to be done.
Thus, Power BI dashboards are directed at on-call engineers and managers to drill down and take action.
2. Purchase managers
The purchase manager is generally responsible for keeping track of the budget purchase spending. He can design a purchase spending analysis dashboard or reports that highlight:
- Aggregate view of company-wide purchase figures
- Breakdown of purchase spending by vendor and product.
- Changes in purchase spending over time.
Moreover, charts can help identify any changes in spending behaviour.
3. Sales manager
A sales manager plays a crucial role in setting overall sales targets through effective planning and budgeting. For this, a deep analysis of sales data needs to be done to gain some crucial insights for effective decisions. Sales dashboards or reports made with Power BI can improve sales analysis by focusing on key areas:
a) Sales pipeline dashboard
It provides details as opportunities created, a breakdown of opportunity values by customer type and the top opportunities by account and the sales manager can compare actual to targeted performance.
b) Trends dashboard
It allows for direct comparison and overlays performance between two time periods.
c) Sales performance dashboards
It helps the sales manager to monitor revenue, gross profit & profit margins. It also highlights the changes in sales metrics over time.
4. Digital marketers
Power BI allows the creation of dashboards by connecting with services like Google Analytics, Mailchimp, etc. From the dashboards or reports, digital marketers can:
- Measure & compare paid keywords v/s organic keywords to estimate CPC.
- Monitor social media & analytics which helps in understanding sales, product quality, and audience opinion.
5. Consultants
The main role of a consultant is to offer expert advice and for that how consultants are communicating is very important. Using the sharing dashboard feature of Power BI, a consultant can keep stakeholders informed about updates and can focus on a more important part of their work.
6. Data analysts
Power BI an analytical tool is fully compatible with a data analyst to make work simpler and faster.
- Data analysts can work on any type of data source over Power BI
- Using Power BI merges and append files can be consolidated from multiple network locations.
- DAX is used to support many modelling requirements for multiple business requirements.
7. Data engineers & data scientists
For advanced analytics & artificial intelligence data engineers & scientists can use Power BI. Power BI data flows store data in AZURE DATA LAKE STORAGE GEN2 which can be very easily used by them.
8. Teachers, Professors & Students
Teachers or professors can also effectively use Power BI to publish students’ results and grant them access to final reports. Moreover, professors can represent their research papers in innovative ways using Power BI visuals.
Conclusion – What’s In It For You?
So, if you deal with data, no matter how big it may be and require to make reports out of them in a breeze. Power BI is a must-have tool for you. This data-driven world made us record, analyze and compile every single thing. Why not do it with the best?
Even unconventional industries that had little to do with data analytics before the 21st century like entertainment, sports, fashion, and cooking have become an integrated part of the bigger world of data.
Power BI is an easy tool to use that helps propel organizations into a data-driven culture. Because of its varied usage and efficiency, we highly recommend power BI training. Power BI training has been a necessity nowadays be it the employer or the employee. With powerful self-service abilities, business users are no longer dependent on IT for gathering, transforming, and analyzing data.
By the way, if you have any thoughts that Tableau can be an alternative to Power BI, we recommend you read this blog, Tableau vs Power BI and decide by yourself.
To start your journey in getting the certification in Power BI, you can take a certificate from any reputable organisation. We also provide the same. Our trainers are highly experienced. We also have detailed Q&A content for all levels if you are preparing for a Power BI Interview.
FAQs on Who Should Learn Power BI
1. Is Power BI only useful for finance professionals?
No, Power BI is not limited to finance. It’s equally useful for operations, sales, marketing, HR, and even education. Anyone working with data can gain value from it.
2. Do I need to know coding to learn Power BI?
Not at all. Power BI is built for non-technical users. You can connect data, create dashboards, and visualize trends easily without coding knowledge. We regularly conduct free webinars. This is one of the webinars where we answered quite common queries on Power BI as a career option.
3. Can small businesses or startups use Power BI?
Yes. Power BI helps even small businesses track sales, analyze costs, and understand performance trends efficiently and affordably.
4. What skills should I have before learning Power BI?
A basic understanding of Excel and data handling is helpful, but not mandatory. With the right guidance, you can easily learn Power BI.
5. Where can I get professional Power BI training?
Edu4Sure offers industry-relevant Power BI training designed for both beginners and professionals. Their programs cover real-time dashboard creation, data analysis techniques, and reporting practices to help learners become job-ready.
LOOKING FOR TRAINING ON POWER BI? PLEASE CONNECT WITH US AT PARTNER@EDU4SURE.COM OR SIMPLY CALL US AT 95.5511.5533
