In today’s business world, we know that the ability to make informed, data-driven decisions is crucial. Power BI, Microsoft’s powerful business analytics tool, has become an indispensable ally for companies looking to make the most of their data. With this tool, organizations can connect multiple data sources, transform and visualize them into interactive dashboards and detailed reports, among many other advantages it offers.
About the tool
Power BI was born in 2013 as part of the Microsoft Power Platform suite of products, with the goal of democratizing access to data analytics and enabling more people in an organization to make data-driven decisions. Since its launch, it has grown exponentially in popularity and capability. Today, Power BI is used by thousands of companies around the world, from small startups to large corporations, to easily access and visualize data.
Its benefits are innumerable:
- Interactive Visualization: allows you to create interactive and customizable data visualizations, making it easier to understand complex information and identify trends and patterns.
- Connectivity and Flexibility: Power BI integrates with a wide variety of data sources, from Excel spreadsheets to cloud services, CRMs and local databases, providing a holistic view of the business.
- Real-Time Access: Users can access up-to-date data in real time, enabling fast and accurate decision making. According to Gartner, companies that adopt real-time data technologies can increase their operational efficiency by 30%.
- Effective Collaboration: This tool facilitates collaboration between teams, allowing dashboards and reports to be shared with colleagues and stakeholders, which improves decision making throughout the organization.
- Security and Scalability: With advanced security features and the ability to scale with business needs, Power BI ensures that data is protected and that the tool grows with the business.
However, there is a common challenge that many industries face: data accuracy and precision. Often, data is collected manually and then loaded into spreadsheets, which can lead to human error and delays. This is where 4i Platform comes in and redoubles the ante.
Beyond BI
With 4i Platform, it is possible to extract data directly from the machines in the factories, minimizing manual interventions in loading them, ensuring that they are accurate and obtained immediately. This seamless integration with Power BI means that our customers can make decisions based on reliable data in real time, from customizable reports and graphs.
The connection between 4i Platform and Power BI can be made through APIs (located at dev.4iplatform.com) or datasets already available within the platform. Once integrated, Power Bi can be used as a tool for the creation of reports and dashboards that present the information that the company seeks to visualize, such as, for example, KPIs of production or energy consumption, or graphs representing the life cycle of the machines.
Benefits of Integration:
By eliminating the need for manual data collection, human error is minimized, ensuring that data is accurate and reliable. In turn, automatic data extraction directly from machines significantly reduces the time and effort required to collect and prepare data, allowing teams to focus on analysis and decision making. The data, when extracted in real time, provides instant insight into machine and process performance, making it easier to identify problems and implement quick solutions. Thus, with accurate and up-to-date data, companies can optimize the use of resources, improve operational efficiency and reduce costs.
The combination of real-time data and advanced analytics enables companies to implement continuous improvement practices, adjusting and refining processes accurately and securely, to maximize productivity and quality.
In conclusion, the combination of Power BI with 4i Platform represents a paradigm shift in industrial data management. Data no longer has to go through intermediary systems before reaching Power BI, ensuring that the information used is as accurate and up-to-date as possible. Adopting this advanced technology is a strategic transformation that can position companies at the forefront of industrial competitiveness. This process undoubtedly drives continuous innovation and sustainable growth in companies.
Want to discover how 4i Platform can partner with Power Bi to transform your industrial processes?
Start your journey to industrial optimization today! ➡️ https://www.4iplatform.com/
