Even though companies are using up to four different business intelligence tools to help them make decisions, it’s surprising that they still leave about 97% of their collected data unused. It’s a bit ironic – they have all these tools at their disposal, yet so much valuable data isn’t being tapped into.
Why is this happening? Well, it’s often because they have so much data from different sources, and it’s a challenge to manage and make sense of it all. Plus, without the right skills or tools to analyze and understand this data, it just sits there, unused.
Data from Microsoft Power BI, one of the top business intelligence tools, often isn’t used as much as it could be. Power BI can help companies make better decisions, but many don’t use all its features to the fullest. This means they’re missing out on a lot of what Power BI can do.
Before diving into how Power BI consultants can help, it’s important to recognize the platform’s standout features that many businesses fail to fully use.
The depth and breadth of Power BI’s functionalities can be overwhelming or underused without proper expertise. Power BI consultants have a deeper understanding and more experience specifically with Power BI’s unique features and capabilities. They’re better equipped to unlock the full potential of Power BI for your business.
Next, let’s look at the key issues Power BI consulting service addresses to help businesses fully leverage the platform’s potential.
Power BI consultants bring specialized skills that regular BI consultants might not offer, especially in these six key areas of Power BI:
In many businesses, important data is spread out across different systems or departments.
This kind of separation makes it hard for you to get a complete understanding of how the business is really doing.
Because of this, teams often have a tough time working together effectively, and it becomes challenging for business leaders to make decisions that are good for the whole business.
Power BI consultants stand out in solving data integration and siloed information issues in the following ways:
The result? You get better collaboration among teams and more strategic decisions, maximizing the benefits of Power BI’s data integration features.
Businesses are flooded with data. The difficulty is in extracting valuable insights from this sea of data. Businesses need to sift through this information, identify trends, understand patterns, and make sense of complex data sets.
The goal is to turn this data into actionable intelligence that can inform decision-making and shape effective business strategies.
A Power BI consultant can turn your data into actionable insights – something you can actually use to make smarter choices.
When it comes to data governance and compliance, the stakes are high, especially in heavily regulated industries.
Businesses risk significant penalties under GDPR, which can be as high as €20 million or 4% of their global annual turnover for non-compliance. This underscores the importance of meticulous data handling.
If you don’t manage your data according to legal and ethical standards, the consequences can be more serious than just fines. It can also harm your company’s reputation and the trust you have with your customers, leading to long-term impacts on your business.
With a Power BI consultant on your team, you can spend less time worrying about compliance and more time on the main parts of your business.
As your business expands, your data systems must scale up accordingly. Otherwise, it can lead to significant issues: your systems may become sluggish, and struggle to handle increasing volumes of data.
These inefficiencies can lead to missed opportunities and delayed responses to market changes, both of which can harm your business’s success.
A Power BI consultant’s expertise is key to making sure your Power BI setup grows with your business and helps you quickly adapt to what the market needs.
It can be tough to get everyone in your organization on board with Microsoft Power BI. You might find that some staff are hesitant to try new technology, while others may not fully grasp how to use it effectively.
This can result in a powerful tool like the Power BI platform not being used to its full potential.
We have been linking businesses with highly skilled IT and business consultants, including Power BI consultants, since 2007. Our selection process ensures that we connect you with consultants who are not only knowledgeable in their field but also have a proven track record of successfully handling projects similar to yours.
Contact us, and we’ll help you find the ideal business intelligence consultant whose skills and experience are well-suited to your project’s specific needs.
Power BI capabilities can really help with making smart business decisions, but it can be tricky to use them all to their fullest without expert Power BI consulting services. Power BI consultants know all the ins and outs of the tool, and with their help, you can avoid common mistakes, and stay ahead in a world where using data well is key to success.
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