Blog
March 26, 2024

Power BI: A Catalyst for Improving Data Literacy

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In the age of digital transformation, the ability to understand, analyse, and interpret data otherwise termed as data literacy, has become a must-have skill for all employees, not just data scientists. One tool that’s making it easier for organizations to foster data literacy is Microsoft’s PowerBI. Here’s a closer look at how leveraging PowerBI with your organisations existing ERP can help improve data literacy within your organization.

Democratising Data

Traditionally, data analysis was a job reserved for data scientists and analysts. However, the evolving business landscape demands that every employee becomes data literate. As the demands of roles has changed to include a greater level of decision-making support all levels of the organisation have a need to be able to effectively and efficiently leverage the organisation’s data to simplify their work.

Ease of access is the biggest barrier to improving organisational data literacy with most large organisations using multiple applications which have limited reporting capability. Many users are left to their own devices and end up extracting large swathes of data, which is then stored off system, and heavily manipulated to provide the critical decision-making inputs the organisation desperately needs.

As the organisation begins to consume greater volumes of data this off system consumption of data becomes extremely challenging and overly time consuming. We have all experience a slow performing report which constantly crashes.

PowerBI has played a significant role in democratizing data by making it easily accessible and consumable by everyone in the organisation. The tool’s intuitive interface and user-friendly visualizations make it easy for users with no technical background to understand and interact with data in a structured, and controlled manner focusing on the data which is important.

Visualisation of Data

Once your organisation’s data is connected to PowerBI the next step to unlocking your team’s abilities is reducing the burden on consumers of data by establishing standardisation of the data being presented as well as how it is presented.

One of the biggest challenges in understanding data is dealing with raw numbers. The tool can transform complex datasets into comprehensible visuals, such as graphs, charts, and dashboards, enabling users to understand data trends and patterns immediately. Combining the visualisations with template functionality within PowerBI organisations can establish presentation standards to ensure reporting is always consistent, concise, and easy to interpret by all users regardless of who within the organisation is generating the outputs.

The decision-making ability has now transitioned from the remit of a data analytics or insights team with specialised data science skills to all members of the organisation.

Customised Report

Once users become accustomed to consuming large volumes of data easily, and quickly to derive meaningful insights supporting critical business decisions. PowerBI also allows those same users to create customized reports that cater to their, and their customer’s specific needs.

This ensures that consumers of reports are not overwhelmed by irrelevant data, thus improving comprehension. It also empowers them to answer their own questions and derive insights that matter to their role or department.

Real-time Analytics

Now that the organisation’s data literacy has grown exponentially it is not just about understanding data but also about using it to make informed decisions. PowerBI’s real-time analytics capability enables users to access the latest data and make decisions on the fly. This will continue to foster a data-driven culture within the organization, encouraging employees to leverage data in their day-to-day operations, and not just periodically when a report was published which is fast becoming a thing of the past.

The last thing an organisation needs is to wait for data to make time critical decisions, and if generating those outputs takes days or weeks due to application, data, or user limitations then any competitive advantage the business is seeking to gain is going to be significantly challenging to achieve.

Enabling easier access to data for all users within the organisation regardless of the user’s ability to navigate applications or traverse complex data sets they can easily consume data from PowerBI to make timely decisions with just a few clicks.

Start Your Journey Now!

Data literacy is not an overnight accomplishment but a gradual process. PowerBI provides the right tools and resources to facilitate this process, enabling organizations to unlock the power of data. By promoting data literacy, organizations can make informed decisions, increase efficiency, and gain a competitive edge in today’s data-driven world.

Zentrix is there to help every step of the way with its suite of off-the-shelf data warehouse models, reporting and dashboard packages to help substantially cut down the time, and cost organisations would traditionally experience.

jeff

Author

Jeff Stubbs

Jeff is the founder of Zentrix, a leading provider of Business Intelligence solutions for SAP. Known for his professionalism and reliability with over 20 years of experience, Jeff has spearheaded many transformative projects for clients, enhancing decision-making and business performance across industries. Through his blog, Jeff shares valuable insights into data analytics, systems integration, and business intelligence, offering practical advice for navigating the evolving SAP BI landscape. Follow Jeff for IT insights and updates, and discover how Zentrix is revolutionizing SAP BI solutions.