What is Business Intelligence?
Business Intelligence (BI) refers to a collection of tools, technologies, processes, and strategies used to collect data from different sources, analyze it, and present it in a meaningful way to support better decision-making.
Simple Meaning: BI converts raw data into useful information that helps management take correct decisions.
BI Process:
Example:
Importance of BI:
What Power BI Does:
Key Features:
Example:
A company uses Power BI to:
What is Traditional BI?
Exam-ready definition:
| Limitation | Explanation |
|---|---|
| Time-consuming | Reports take days/weeks |
| Expensive | Requires costly infrastructure |
| Inflexible | Difficult to change reports |
| No real-time data | Data is often outdated |
| IT dependency | Business users have no control |
Banking System Example:
| Feature | Traditional BI | Power BI |
|---|---|---|
| BI Approach | Old / conventional | Modern self-service BI |
| Control | IT-driven | User-driven |
| Primary Users | IT professionals | Business users, students, analysts |
| Cost | Very expensive | Low cost / affordable |
| Report Type | Static (PDF, Excel) | Interactive dashboards |
| Data Refresh | Batch (daily / weekly) | Real-time or scheduled |
| Flexibility | Less flexible | Highly flexible |
| Ease of Use | Complex, technical | Easy, drag-and-drop |
| Performance | Slow | Fast |
| Data Storage | Requires data warehouse & ETL | Cloud-based / direct connection |
| Interactivity | Limited | Rich and interactive |
| Scalability | Limited | Highly scalable |
| Development Cycle | Long | Short / quick |
| IT Dependency | Very high | Minimal |
| Feature | Power BI | Tableau | QlikView |
|---|---|---|---|
| Developed By | Microsoft | Tableau Software (Salesforce) | Qlik |
| BI Type | Self-service BI | Advanced visual analytics | Associative BI |
| Ease of Use | Very easy | Moderate | Difficult |
| User Type | Business users, students, analysts | Data analysts, visualization experts | Developers, advanced users |
| Cost | Low / affordable | High | Medium |
| Data Visualization | Good | Excellent (best) | Good |
| Interactivity | High | Very high | High |
| Data Model | Simple relational model | Relational model | Associative data model |
| Performance | Fast | Fast | Very fast (in-memory) |
| Learning Curve | Low | Medium | High |
| Integration | Excellent with Microsoft tools | Works across platforms | Strong internal engine |
| Scalability | High | High | Medium |
| Real-time Support | Yes | Yes | Limited |
| Best For | Beginners & Microsoft users | Advanced visual storytelling | Complex data relationships |
| Tool | Description | Cost |
|---|---|---|
| Power BI | Easy, Microsoft ecosystem | Low |
| Tableau | Advanced visualization | High |
| QlikView | Associative data model | Medium |
Example
Power BI is widely used in:
Example:
HR department uses Power BI to analyze:
1). Power BI Desktop
2). Power BI Service
3). Power BI Mobile
| Version | Purpose |
|---|---|
| Power BI Desktop | Report creation |
| Power BI Service | Online sharing |
| Power BI Mobile | Mobile viewing |
| Power BI Report Server | On-premise reporting |
Power BI can connect to:
Example:
What is Power Query?
Key Functions:
Example:
Why it matters:
What is Power Pivot?
Key Functions:
Example:
Why it matters:
What is Power View?
Visuals Supported:
Example: A dashboard showing:
Why it matters:
What is Power Map?
Key Features:
Example: A university visualizes:
Why it matters
| Component | Purpose |
|---|---|
| Power Query | Data cleaning & transformation |
| Power Pivot | Data modeling & calculations |
| Power View | Interactive reports & dashboards |
| Power Map | Geographic & 3D visualization |
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