Will You Still Need Power BI Developers? The Future of Power BI is Here

Are you aware of the transformative capabilities of Power BI?

Have you tapped into its potential to drive growth, optimize operations, and uncover valuable insights?

What strategies have you adopted to ensure that your data culture remains agile and adaptable to evolving business needs and market dynamics?

Bad news: In 2023, you are failing your business if you're overlooking the power of data.

Good news: You can choose to boost your revenue via investing in Power BI and unlock the competitive edge by engaging Power BI developers for Power BI implementation.

The global business intelligence market is set to reach $28216.8 million by 2023 and is expected to double up to $56,200.9 by 2033, says Future Market Insights.

Over 79% of enterprise executives admit that not embracing big data and will cause companies to lose their competitive position & risk extinction, said Forbes.

And this is not a surprise, as more than 46% of small businesses used business intelligence tools and virtual networking features as a core element of their business strategy, as mentioned in Grand View Research.

The future of Power BI can be more empowering, revolutionizing, and unimaginable than ever!

This is the time to embrace it with both hands.

Let’s understand what’s there in the Future of Power BI

Power BI in 2023:

Power BI is a magician's wand for businesses to know what their business was and what their business is.

It enables organizations, no matter big or small to connect diverse data sources, generate immersive reports, build interactive dashboards, and collaborate to make data-driven decisions.

Business intelligence is evolving every passing day and Power BI is on its onset to help you get deeper business insights, enhance your data analytics game, and forecast business decisions well in advance.

Eye-Opening Insights into the Future of Power BI:

Enhanced Integration

Fragmented data is handicapping your business’s ability.

Being a self-efficient BI tool, Power BI will continue to be a crucial weapon for BI users, globally.

With Power BI, you will be able to collect data from multiple sources such as IoT devices, social media platforms, etc. In the future, Microsoft is set to enhance its sharing capabilities and enhance support with modern data sources.

Besides, there will be enhanced augmentation in Power BI and other Microsoft tools that will empower businesses to gain deeper insights for advanced decision-making with machine learning, artificial intelligence, and advanced analytics, effortlessly.

There will be an upgrade in data visualizations and capabilities to more sophisticated and immersive versions, empowering users to present data more intuitively and interactively.

Advanced AI & Machine Learning Capabilities

Data scientists spend 45% of their time preparing data rather than creating insights, states The State of Data Science.

One of the recent AI-powered features of Power BI is, it produces insights from data and presents them in human language. It's going to save a lot of time for data scientists, data analysts, and business executives and boost decision-making.

Another exciting feature is the recently announced integration of the Power BI Mobile iOS app with the Siri feature. This feature enables users to simply say, ''Hey Siri, open my report'' to access the data they're seeking.

Looking at the current advancements, the duo of Power BI with AI looks more promising than ever.

But how do you stay future ready-to embrace the data challenges, rapidly changing consumer behavior, and make the most of the data at your fingertips?

A professional Power BI developer provides in-depth knowledge, of the ins and outs of data using the professional Microsoft tool and can convert the raw data into meaningful information.

Still not convinced?

What if we say it is directly proportionate to your business efficiency?

Hiring certified Power BI developers significantly boosts your business efficiency, customer understanding, data security, forecasting, and decision-making, and helps you stay ahead of the competitive business curve.

Advanced-Data Visualization

Over 67% of the global workforce has access to Business Intelligence tools. -According to a Data Literacy Survey by Qlik & Accenture.

In the near future, Power BI is expected to offer more advanced data visualization features.

It may include improved visualization enabled with augmented reality and virtual reality features, enabling users to gain deeper insights and dive into the depth of their data.

Moreover, there may be progress in 3D visualizations, animated data, and advanced geospatial visualizations that will make you the master storyteller of the numbers using your data.

To embrace automated insights and data storytelling further, Microsoft is also set to leverage machine learning and artificial intelligence.

All in all, the future of Microsoft will bring us a surprise with exciting advancements in data visualization techniques empowering users to remove the noise from the data and highlight valuable information.

Embedded Analytics

Currently, Power BI's embedded analytics simplifies complex data in the form of interactive dashboards and reports into software, applications, and websites.

It has offered multiple features to bridge the gap between data and decision-makers, surpassing the monotonous spreadsheets to interactive dashboards. The continual advancements are set to revolutionize the embedding capabilities with multiple scalable and flexible options in the future.

With improved embedding security, users can also find never-like-before data privacy and access control within the reports.

User Empowerment

Power BI is designed to be user-friendly and intuitive for non-data experts – According to Gartner Peer Insights

User empowerment in Power BI refers to the ability of users to transform modeled data into interactive visualizations, drag and drop functionalities and connect to multiple data sources.

It empowers users to perform service analytics, enabling them to discover patterns and insights without IT or data team dependency.

In the future, some potential developments in user empowerment can be-

Improved self-service analytics:

Power BI will continue to encourage professionals with self-service analytics features, enabling them to explore, manipulate, and visualize data with nominal IT support.

It may include better filtering options, developed drag-and-drop features, and the capability to create custom calculations and measures.

Enhanced sharing and collaboration:

Power BI has helped various businesses globally to create a collaborative workspace.

In the future, the potential advancements are real-time collaboration capabilities and enhanced commenting and discussion features, sharing beyond the organizational boundaries, with version tracking and history tracking features.

Greater customization and personalization:

Currently, Power BI users can already enable role-based & time-based customization.

In the future, Power BI will allow users the flexibility to choose themes and styles suited to their business with dynamic dashboard elements. Moreover, Power BI is set to enable users to design personalized dashboards with specific metrics, visualizations, and data elements that are most relevant to them.

As You Are Ready to Embrace the Future, Will You Still Need Power Bi Developers?

The answer is YES!

Power BI can empower users with ever-imagined capabilities. However, the key to unlocking the true potential of Power BI's power lies in joining hands with the experts who sleep over the updates & features of Power BI that Microsoft release, every now and then - - The Power BI developers!

Hiring certified Power BI Developers now can empower your business's future in multiple ways:

• Prompt Query Support

• Continuous Improvement

• Implementing AI Interface

• Data-Driven Decision Making

• Maximum Security Compliance

• Better Scalability and Flexibility

• Advanced Analytical Capabilities

• On-going Support & Optimization

• Assistance in Customizing Reports

• Development Deployment, and Maintenance of BI Tools

• Assistance in Database Design, Data Modeling, and Curating Reports

It’s not hard to visualize that the most innovative companies will be the ones that harness Power BI developers as their core asset.

Final thoughts

Power BI has emerged as a popular tool among decision-makers seeking to embrace the data-driven culture. Though it's in the transformative stage, you can harness the true power of Power BI, and pave the right path to success with the strategic hiring of Power BI Developers.

Build a futuristic data culture and reach the maximum potential of your business data with Power BI consultants. If you are in search of the right Power BI consultants to help you with your data initiative, drop us an email at [email protected] and kickstart your project discussion.