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A very low-cost Business Intelligence tool from
In 2015, Forbes reported that more data was created in the two prior years than all the data produced over the entire history of the human race!
Many businesses collect data in order to improve their business. Most business leaders believe that the firms that do gather the data and measure the outcomes are usually more successful than those that do not. This is based on the old management adage, “if you can’t measure it, you can’t manage it.”
However, most businesses I talk to have too much data, far too much data that has to be converted to information.
Most business leaders believe that the firms that do gather the data and measure the outcomes are usually more successful than those that do not.
As an accountant, I understand the power of information and more importantly, I recognise the massive difference between data and information.
Most businesses I talk to have too much data, far too much data that has to be converted to information.
I have therefore been interested in tools that enable businesses to convert data into business insights for a long time – Business Intelligence (BI) tools.
I used to work for large enterprises that could afford enterprise-class BI systems such as Cognos, Business Objects and TM/1 that require hundreds of thousands of dollars of initial outlay to purchase and implement the software and tens if not hundreds of thousands of dollars of annual fees to continue using it.
These enterprise-class BI systems also require a lot of technical expertise to use.
And so, like most businesses, I have relied on Excel spreadsheets for producing most of the business intelligence that I needed. However, very soon the amount of data my business was gathering (thanks in no small part to IBM’s invention of the hard drive, which allows firms to store extravagant amounts of data at ridiculously low prices) was making the use of spreadsheets unworkable.
Fortunately, Microsoft recently came out with MS Power BI which is “Business Intelligence for everyone”.
To make BI accessible to everyone, Microsoft ensured that the pricing was affordable, in fact ridiculously affordable. A MS Power BI licence costs only $180 plus GST per annum for unlimited users. Next, the implementation takes not weeks or months; most implementations we have done have taken only days.
Most importantly, Microsoft has made its BI product a ‘self-service’ tool. This means that you can use it without any need for IT technical support.
To make BI accessible to everyone, Microsoft ensured that the pricing was affordable, in fact ridiculously affordable. A MS Power BI licence costs only $180 plus GST per annum for unlimited users.
To help you understand how Business Intelligence can transform your business HTG is holding free seminars on the technology on Monday 7 May 2018 at HTG in Hamilton.
|FREE HTG Seminar
how can my business benefit from it?
Monday 7 May 2018 at HTG, Hamilton
|Session||Time||Click below to book|
|9.00am – 10.30am|
|2||3.30pm – 5.00pm|
At this seminar, you will find out:
- What is Business Intelligence including getting hands-on experience with some sample BI dashboards.
- How will it benefit my business?
- What does it cost?
Come to the seminar and see why organisations large and small are harnessing MS Power BI to improve their bottom lines.