Business Intelligence Trends In 2022 And Beyond

With Microsoft Power BI’s latest launch, we got a great opportunity to get a sneak peek into what our friends in the industry think about the latest trends in business intelligence.

Here are the top trends we’re going to talk about

Anyone can use Power BI

Earlier, Power BI was solely used by data experts in the IT sector, and now, data analysis and business intelligence are used by everyone across the organization. It can be a business executive, marketing specialist, product manager, or even a sales director everybody uses Power BI. It enables businesses to use data visualization and understand the client pain points and resolve them with their relevant expertise, and then create reports using data visualization to share with other teams. More and more companies are recognizing the strategic advantage of Power BI, using it as a data analysis tool to support and empower their business.

Features like simplifying the processing of large datasets, creating data visualization, and easy share option. This makes Power BI the best business intelligence tool available in the market. Power BI enables users to integrate real-time data analysis into their work to discover new, unique, actionable insights.

Self-service efficient tool

Business analysts have predicted that in the next two years, most companies will switch to self-service tools to conduct data analysis using multiple AI companies. Business intelligence solutions like Microsoft Power BI are transforming businesses by gathering complex data efficiently in less time and using data visualization to model data analysis.

Power BI is one of the best data analysis tools available in the market, allowing users to make smart data-driven decisions. It can also be integrated with other tools such as Dynamics, QuickBooks, and Salesforce, and is easy to use with drag-and-drop options.

Real-time data analytics

Static reports throw interactivity out of the window, making business presentations boring to death. With Power BI, you no longer require static data and presentations; it offers real-time data reports for your business presentation. It also allows you to explore data interactively and gives the flexibility to find answers to the most challenging business scenarios in real-time. With Power BI, you can easily refresh data reports with real-time updates, offering insights to drive fast data-driven decision-making.

Wrapping Up!

The rise of big data means that more and more companies want broadly deployable, easy-to-use, cloud-based technologies for querying, analytics, and reporting. And the demand for Power BI will expand to more companies.

These trends highlight the evolution of Power BI towards creating sources of data accessible, usable, and meaningful to organizations of all sizes, including those without advanced analytical skills or in-house resources.