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Data is key in decision-making. Organizations must visualize data to analyze and create reports from multiple sources to inform efficient operations. We are happy to announce the new useful app, Power Bi, a business intelligence tool that can help in data visualization to keep your business on the right track. This piece will discuss the top Power Bi examples.
What is a BI Dashboard?
A BI (Business Intelligence) dashboard is an analysis and data visualization tool that displays key performance indicators (KPIs) and other crucial business metrics essential during decision-making. This tool consolidates graphs, tables, and charts that provide insights into different departments, including finance, marketing, and operations. BI dashboards don't have a solid pre-determined nature, allowing you to display metrics relevant to your industry or function. These data visualization tools have many features that are simply complex and raw data-heavy, giving you an at-a-glance overview of your organization's past, current and future performance. Overall, BI dashboards enable businesses to monitor performance, identify improvement areas, and drive business growth.
How is Power BI mainly used?
Whether you are a data pro or a novice in the business world, Power BI can provide you with valuable data-driven insights. Below are the main uses of this tool.
- Converting data into various visuals, including ribbon charts, KPIs, pie charts, and gauge charts.
- Connecting multiple data sources like Excel spreadsheets and databases.
- Creating reports and dashboards that allow decision-makers to explore complex data and gain insights in real-time.
- Providing all employees access to data, insights, and data visualization tools to foster a data-driven work culture.
How to share Power BI dashboards and reports on Microsoft Teams?
When sharing Power BI dashboards and reports on Microsoft Teams, you need to follow these steps:
- Open your report or dashboard and sign in to Power BI using your credentials
- Click on the share button. A dialogue box will appear with several sharing options. Select the Microsoft Teams option.
- In the Microsoft Teams sharing dialog, choose the desired channel or team you want to share your report or dashboard. You can also contextualize your communication by adding a message.
- Click on the share button to complete the process.
Power Bi pro and premium prices
Power BI pricings includes Power Bi Pro and Premium. Power Bi Pro is a subscription plan with a price of $10 per user/month. It offers small teams access to advanced collaboration features and analytics in Power Bi and allows them to share insights. Power Bi premium has two different prices, namely, the per-user plan, which goes for $20 per user/month, and the per-capacity plan, which goes for $4995 per capacity/month. The per-user plan allows individual users to access advanced features and simplify data management. The per-capacity plan allows your organization to access advanced AI and simplify data management without per-user licenses.
Top 12 Power BI Dashboard Examples
1. Inventory stock analysis dashboard
This Power BI dashboard is applicable across several industries, including manufacturing, education, hospitality and retail. Effective inventory management is crucial for maintaining control of the stock and goods necessary to ensure optimal functionality. Inventory dashboards provide enhanced visibility of your stock enabling you to manage it effectively. This dashboard lets you view the unviewed, least viewed, and most viewed top 5 products. Additionally, this dashboard can predict stock availability and determine the replenishment timeline based on Fulfillment Cycle and Markdown variance.
2. Social Media Monitoring & Analytics Dashboard
In today’s modern world, social marketing is one of the most effective marketing strategies in any business. This Power BI dashboard offers insights into social media sentiments, uses, reaches, and mentions. You can employ it to manage your business branding, create effective marketing strategies, understand users, and improve sales. Additionally, this dashboard offers features like content performance tracking, campaign performance measurement, sentiment analysis, and influencer tracking, which can help you enhance your business's online presence.
3. Marketing Campaign Performance Dashboard
The marketing campaign performance dashboard offers a detailed overview of the impact and effectiveness of a company’s marketing campaigns. It includes metrics like cost per acquisition (CPA), return on investment (ROI), impressions, and conversions which can help you analyze market trends and identify high-performing campaigns. This dashboard can provide valuable insights into conversion rates and campaign reach across different platforms like email marketing and social media.
4. Call Center KPI Dashboard
A Call Center KPI Dashboard provides a centralized view of required KPIs and metrics for managers to track and enhance performance. It displays metrics like agent productivity, first-call resolution rate, call abandonment rate, and customer satisfaction scores. These metrics offer valuable insights into the effectiveness and general performance of the call center. The dashboard presents this information in clear and intuitive visual formats to help managers make informed decisions and implement targeted strategies.
5. Financial Analytics Dashboard
This dashboard provides an overview of your total expenditure and income, allowing you to oversee your finance. It consolidates data from various sources like market data, sales records, and accounting systems, enabling you to monitor key financial metrics like growth rates, profitability, expenses, cash flow and revenue. A Financial Analytics Dashboard enhances your planning, forecasting and budgeting processes. This tool enables businesses to optimize financial processes, mitigate risks and promote growth.
6. CEO Dashboard
This dynamic tool offers the CEO (Chief Executive Officer) an overview of the company's metrics and important KPIs. It offers real-time insights into the business's strategic performance, operational efficiency and financial health. This dashboard accesses data from different systems and departments, allowing the CEO to make data-driven decisions and plan an effective future roadmap. It includes several business areas like performance, top employees, inventory, revenue, and profit. Leveraging the CEO dashboard can help drive accountability and guide the business toward sustainable growth.
7. Logistics Warehouse dashboard
This comprehensive tool provides visibility and management of various aspects of warehouse operations. It typically includes interactive graphs, tables, and charts that display vital information like labor utilization, inbound and outbound shipments, and inventory levels. These details can help you identify areas of improvement and allocate resources efficiently. The logistics warehouse dashboard also has advanced features such as machine learning algorithms, which can help in proactive planning and forecasting to minimize chances of excess inventory or stockouts. You can also integrate this dashboard with enterprise resource planning (ERP) and warehouse management systems.
8. HR dashboard
This tool offers HR a centralized hub of metrics and data concerning employee management. It has a user-friendly interface that allows HR personnel to track key indicators like talent acquisition, employee performance and workforce demographics. The dashboard accesses information from different sources, including performance management tools, HR systems, and payroll software, to provide valuable insights. The HR dashboard allows the concerned personnel to view critical employee data at a glance. They can track employee demographics like tenure, age, and gender to comprehend workforce composition better.
9. Sales Scorecard Dashboard
Businesses ought to consistently track their sales for different reasons. However, too much raw data can make it difficult to track key metrics. The sales scorecard dashboard has several features to improve sales performance tracking and analysis. It can display data from various systems, financial tools, CRM systems, and marketing platforms combining information into a unified and seamless interface. You can set business goals and monitor your progress in real-time, which can help you stay focused and motivated.
10. Attendance Tracker Dashboard
The attendance tracker dashboard tracks and manages attendance records for businesses in different industries. It has a user-friendly interface equipped with intuitive functionalities enabling administrators to analyze attendance patterns, record attendance and generate reports. This information can help the concerned personnel identify tardiness or absenteeism. This dashboard also provides customizable settings for various attendance policies like flexible working hours. Its automated features, like biometric integration or barcode scanning, streamline the attendance recording process, minimizing manual errors.
11. Manufacturing Analytics Dashboard
The manufacturing analytics dashboard allows you to monitor and assess various aspects of the production process, identify improvement areas, and make data-driven decisions. It can display quality control metrics, production volumes, resource utilization, and equipment downtime. This dashboard also facilitates proactive maintenance by alerting the concerned personnel about potential equipment failure, which can minimize unplanned downtime and enhance OEE (overall equipment effectiveness).
12. Customer Segmentation Dashboard
The customer segmentation dashboard allows you to categorize your customer base into different segments depending on specific behaviors. It uses data analysis techniques to detect patterns and categorize customers into segments that share similar characteristics. The dashboard also includes several visualizations that display segmentation criteria like psychographic traits, customer preferences, purchase history, geographic location or demographics. This information can give you insights into each customer segment's behaviors, needs and preferences, which can help tailor your product offerings and marketing strategies to meet these needs.
New Power Bi app in Look Digital Signage
Look DS has introduced a new Power Bi app that enhances your digital signage experience by offering dynamic visualizations of data and insights. This widget lets you display your Power Bi dashboards directly on your digital displays in break rooms and conference rooms, providing an engaging and interactive display of the company’s key metrics, reports and analysis. All you need to do is navigate to Look CMS and find Power Bi in the app's sections. You then locate the settings, log in to your Power Bi account, select the workspace in which your report is located, and select it from the drop-down list. Save it as a content item and add it to the playlist, allowing it to play as part of the other content on the digital screen.
If you want to learn more, you can request a demo and leverage the 14-day trial on Look DS.
