Transforming Business Intelligence: The Power BI Dashboard Demo
June 15, 2023
Blog Post
June 15, 2023
Blog Post
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The Power BI Demo can be found here
The Power BI Dashboard Demo presents sales, revenue, and profit data across various products and locations. Unlike traditional, static data sources like Excel spreadsheets or PDFs, it offers a dynamic and interactive approach to data analysis.
Excel and PDFs, though familiar and useful in many contexts, can limit the ability to view and interact with data in a fluid, real-time manner. Typically, these formats require manual refreshing and additional time-consuming steps to update or reformat the data. Furthermore, visualisations in Excel are often two-dimensional and lack the interactivity that can provide immediate insights into data trends and correlations.
Conversely, Power BI Dashboards are designed to be dynamic and interactive. They update automatically (up to real time) as new data becomes available, ensuring that your view of your business performance is always up-to-date. Additionally, these dashboards allow for manipulation and exploration of data. Users can drill down to investigate specific points, adjust timeframes, or reorganise data based on different variables, all with a few simple clicks. This level of interaction allows for more nuanced insights and facilitates decision-making based on the very latest data.
By transitioning from static Excel spreadsheets and 2 dimensional reports to interactive Power BI Dashboards, businesses are able to gain a more comprehensive, accurate, and real-time understanding of their performance metrics.
Through the Power BI Dashboard Demo, a thorough understanding of product performance can be facilitated. It provides a means to analyse sales data, identify top-performing products, and flag those that may require strategic reassessment.
For inventory management, the Power BI Dashboard Demo shows how such a dashboard is invaluable. The analysis of sales data across different locations allows for efficient stock allocation based on geographic demand patterns.
A level of granularity in profit analysis is achievable with the Power BI Dashboard Demo. It permits examination of individual products’ contributions to overall profit margins, enabling strategic adjustments in pricing and cost structures.
Cleverbit Software’s commitment to an agile methodology, typically Scrum, is evident in our BI Pilot. This process involves creating a custom BI dashboard within a short span of 4 to 6 weeks, integrating data from the client’s existing systems to provide a comprehensive, up-to-date (or real-time) business overview.
Learn more about our risk-free BI Pilot – with a custom dashboard built in 4-6 weeks.
While the Power BI Dashboard Demo serves as a representative example, business intelligence can be applied to a multitude of scenarios. Retail businesses could use it to track footfall, basket size, and seasonal trends. Insurance companies could leverage it for risk profiling, claims analysis, and fraud detection. It could be employed in manufacturing for resource planning, in telecoms for churn rate analysis, or in healthcare for patient profiling.
If you’re interested in BI, or curious to know whether such a custom dashboard can be built for your business, and how long and how much such a tool would cost, we are happy to have a chat. We will understand your requirements and prepare a proposal for you, tailored to your needs, at no charge – and with no-strings-attached.
Headquartered in Europe, Cleverbit Software is a prominent custom software development company, employing over 70 skilled professionals across the EU, UK and US. Specialising in custom software for business efficiency, we work with a diverse international clientele in various industries including banking and insurance, SaaS, and healthcare. Our commitment to solving problems and delivering solutions that work makes us a trusted partner with our clients.
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