Article The Business Benefits of Business Intelligence for Service Providers
By Insight UK / 25 Nov 2022 / Topics: Cybersecurity
By Insight UK / 25 Nov 2022 / Topics: Cybersecurity
Today's SP business is all about knowing your customers, your competitors, the market and last but not least yourself. Knowledge is power, so bring it on. In our digital world, collecting information from all kinds of sources is easy. Just think about all the data that is floating around in your company. Often hidden somewhere in databases, mailboxes, or drives. But what do all these numbers, codes, words, messages, and documents effectively add to your business? In theory, it is great to have all this information at hand, but in real life it seems just too much to handle.
No matter how much data is collected, as long as it is fragmented, it doesn't provide you with what you need. Most people already have problems managing their mailbox. How to find the exact information you need from an endless thread of back-and-forth emails going in all directions? The more data, the more difficult it becomes. Big Data refers to large volumes of data that cannot be processed with traditional methods. It takes so much capacity to process, analyse, and interpret the data that only modern cloud technology can do so.
The collective term of data collection, datamining, data analysis, visualisation, and tooling is Business Intelligence (BI). For many years, Business Intelligence was only feasible for big companies with large budgets, but this has changed since more affordable tools like MS Power BI became available on the market. Now, small, and medium-sized companies can also enjoy the benefits of BI technology to gain more insight into their business and make better decisions based on solid facts and figures.
With Microsoft Power BI, you can easily connect to different internal and external data sources to conduct analytics. Most companies have structured their data in Excel, Access, or other databases. With Power BI, it is easy to integrate data from all different sources, internal and/or external (for example unstructured data from social media) to gain valuable insights of customer behaviour, new trends and opportunities. All information can be stored in the cloud or locally with the Power BI Report Server solution.
The main perks of Microsoft Power BI?
As a service provider, you can use Power BI for your own benefit. You might create a personalised dashboard or interactive report giving you all the facts and figures you need to find new ways forward for your business. You may also offer Power BI consulting services to your customers. More and more companies have the ambition to become data-driven. They understand the importance of accelerating and optimising decision-making but lack the fundamental skills in data modelling and SQL server integration to build their own dashboards and reports. If you are looking for new business opportunities, MS Power BI might be your chance!
If you need advice on how to use the power of the cloud and contribute to business transformation? We at Insight have worked with partners like you across Europe for many years. We help them to find ways to optimise efficiency, reduce costs, mitigate risks, and maximise revenue by providing valuable time, knowledge, and support in many (hybrid) cloud scenarios.
Contact one of our cloud specialists to find out how we can support you in securing your cloud ambitions in line with your business goals, whether you are designing your first workloads in the cloud or work entirely cloud-based.
Follow our blogs on cloud adoption or read our client stories to find out what others say.
