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What is Power BI and Why Should You Use it?

Article Summary

Power BI is Microsoft's business intelligence platform for connecting to data sources and building interactive reports and dashboards. This article covers its core components, how it compares to Excel, licensing options, and why it's worth learning. You'll gain a clear picture of what Power BI does and whether it fits your goals.

Power BI is Microsoft’s business intelligence product suite, giving users the ability to connect to various data sources and create interactive reports that give insight into the underlying data.  

Power BI was initially conceptualized in late 2010 and made available under the codename “Project Crescent” in the following year.  The platform was rebranded “Power BI” (BI standing for Business Intelligence) in 2013.  Initially, the product was based on Excel’s Power Query, Power Pivot and Power View add-ins.  

Today, Power BI is a suite of software apps and services for businesses to get to grips with what their data is saying. Those familiar with Excel will still find elements of Power BI to be familiar ground, but Power BI now offers an analysis and visualization solution that goes far beyond what Excel is capable of doing. The Power BI product suite consists of the following elements:

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