The world’s most valuable resource is no longer oil, but data. – The Economist, 2017
Humans are visual creatures. Since day 1, we’ve relied on our optics to find food, mates, and shelter. And there’s good reason for that. Humans process visual data better than any other type of data. The human brain processes images 60,000 times faster than text, and 90 percent of information transmitted to the brain is visual.
See what we did there?
Knowing what we know about the way we as humans are wired, why are we still relying on spreadsheets filled with text and numbers to make important business decisions? Especially at a time when we are drowning in data.
Most small businesses lack the resources to make data driven decisions because their data is scattered between various sources. They might have QuickBooks to manage the books, then another program like ADP to manage their payroll, and a CRM like Salesforce to manage their customers. Putting together a balance sheet requires extracting data from all of the sources, and they usually spend more time gathering and organizing that data than they do analyzing it, which is far more important.
With Microsoft’s Power BI, you can connect all of those data sources and automatically bring all of your data into one place, providing you with a full overview of your most important data. A cloud-based business intelligence and analytics service, Power BI streamlines the data extraction process, allowing you to spend less time organizing your data and more time analyzing. It offers scalable dashboards, interactive reports, embedded visuals, and much more. And because it lives on the Microsoft Cloud (Azure), you can rest easy knowing that your data will be safe and secure.
How much does Power Bi Cost?
Currently, Power BI offers three pricing options. The Desktop version is free to any single user and includes data cleaning and preparation, custom visualizations and the ability to publish to the Power BI service. The Power BI Pro plan costs $9.99, per user, per month and includes data collaboration, data governance, building dashboards with a 360-degree real-time view and the ability to publish reports anywhere. Quick Tip: Users can try it as a free trial for 60 days before purchasing the subscription. The Power BI Premium plan starts at $4,995 a month per dedicated cloud compute and storage resource.
If you’d like to discuss using Power BI for your business, please fill out the contact form and a representative from LexGeek will be in touch within one business day.
Louisville Geek is a privately-owned Information Technology company that provides comprehensive managed IT services for small to medium sized businesses and organizations throughout central Kentucky and the greater US.
Lexington Geek is a sister company of Louisville Geek, headquartered in Louisville, KY. LexGeek provides IT support for small to medium-sized businesses throughout Central Kentucky.