Information. And when properly treated, it becomes even more valuable. This makes it an important solution for qualifying brand direction, since working without data is like shooting in the dark. Furthermore, there has never been so much data collection as in recent years. But what do we do with all this data? Today, we are going to talk about the best business strategies using Power BI.
What is BI in Power BI? After all
In the meaning of the phone number library acronym. Processing that transforms it into information and then presenting it properly. All of this has one main objective: to support decision-making. Initially, it may seem simple, but in the case of large companies, it is necessary to give weight to the information, since it cannot be questionable.
What is Power BI?
Created by Microsoft, this is during this presentation one of the main tools that performs this type of data processing. For those who are not very familiar with the world of information technology (IT), the concept may seem a little vague and difficult to understand. In short, the company configures it to collect strategic data, and the software processes it and contributes to decision-making.
In addition, the tool has apps from the main smartphone stores, allowing you to quickly consult dashboards that have already been created. To start using Power BI, it is not necessary to have a large investment, since the tool has trial versions and therefore, from small to large companies can use its mechanisms, as long as they have collection sources. The more data, the better the report will be.
Good Power BI Strategies
Initially, a good way to use BI is to japan business directory know where to install the collection. After creating a BI pilot project, you need to understand what will make the most sense for your company’s proposal and how you would like this data to be presented. As mentioned earlier, you will need to choose where in the system to collect the BI information to forward the presentation.
When we think about the area to be analyzed, we need to know what type of information we want to obtain in order to create the dashboard strategically. For example, if the company wants to know which products are selling the most and where the customers who buy the most in the store are located. All of this is important when it comes to outlining the strategy. BI can be an important ally to the ERP system, because in addition to what we already have available, this solution shows you points that you might not see at first. Systems like this become increasingly efficient as we provide them with more information. Therefore, the main task is to allocate the collections in the most strategic way.
Thinking about the marketing sector, it is possible to bring solutions to the sales funnel, since through the collection of data in a CRM, it is possible to know, for example, how the conversion is performing in a certain stage of the funnel. In this case, it is possible to both find new insights and improve what is already working.
Directing to your case After all
Having BI as the basis for your business projects is essential for monitoring the performance of both teams and projects. In addition, this type of report will also cover the financial side and can deliver solutions that result in cost savings for the company. Think of this solution as a compass, so you can move in the right direction.
