Where the business world is becoming advanced it has become essential for any business to make decisions on time. It enables businesses to grab the opportunity they get. For that reason, you should have real-time data of your business at your fingertips. Power BI is a great option for any firm to get time-to-time information about their businesses. This blog is about how Power BI can help any business in getting real-time data analysis.
What is Real-Time Data?
First, if we understand real-time data then it is data that is delivered quickly after collection. It means you do not have to wait for your required data and obtain instant insight into anything. It allows an organization to improve its profitability and business outcomes.
Ways How Power BI Contributes to Real-time Data Analysis
Live Streaming Datasets
Power BI has the ability to provide live data. You can use sources like REST APIs or Azure to connect your dashboards and get live data insight. It allows you to obtain live data in Power BI without waiting. It helps you track sales performance and stay competitive among others.
Modifiable Dashboards
You can make a custom dashboard and add visuals according to your business’s needs. In that way, you get information in your preferred format. You can also share this information with your teammates.
Integration with Other Microsoft Products
Integration of Power BI with other Microsoft products is very effortless if your business is already using products like Dynamics 365 or SharePoint. You can simply share data across these tools. This can help you get a 360° view of your company’s activities.
Notification Alert
In Power BI, you can also set notification alerts for particular situations. This can help you take instant action before a small problem turns into a tragedy. You can also set the way of getting notifications. You can directly get it on your email or mobile device.
Direct Query
With the use of DirectQuery, you do not have to take tension about importing large amounts of data into Power BI but also have access to that data. Whenever new data arrives, DirectQuery will send it to the database so that at the time of getting reports, you always get an updated report.
Conclusion
In today’s business environment, maintaining real-time data analysis is very important for any business. This also permits businesses to fulfil 24×7 customer expectations. With the help of tools like Power BI, you can make customized dashboards and set notification alerts to get real-time data information. You can also integrate other tools in it to enhance the experience of getting real-time data. Experience new accelerated growth in your business by combining the expertise of Business Experts Gulf and real-time data from Power BI.
