Microsoft has this week announced at its Worldwide Partner Conference it is rolling out its Microsoft Office Store to 22 new markets around the world as well as adding a new tool called Power BI to its Office 365 suite of tools.
Microsoft Power BI is a new business intelligence tool that Microsoft is adding to its Office 365 cloud-based suite of tools and services, which has been built largely on top of Excel to provide users with data modelling, interactive charting, mapping and enhanced data query.
Expanding the Microsoft Office Store
The expansion of the Microsoft Office Store to 22 new markets is a significant move by Microsoft to make its suite of productivity tools more accessible to a global audience. This expansion means that more businesses and individual users around the world will have access to a wide range of Office add-ins and applications that can enhance their productivity and streamline their workflows. The Office Store offers a variety of tools, from project management apps to advanced data analysis tools, which can be integrated seamlessly with Microsoft Office applications like Word, Excel, and Outlook.
By expanding the Office Store, Microsoft is not only increasing its market reach but also providing more opportunities for developers to create and distribute their applications. This move is expected to foster innovation and provide users with more options to customize their Office experience to better meet their specific needs.
Introducing Microsoft Power BI
The new Power Query and Power Map services were previously known as Data Explorer and Geoflow. The new Power BI tools have been designed by Microsoft to make their Office 365 even more powerful with plenty of data analysis tools for businesses to use and benefit from.
Power BI is a comprehensive suite of business analytics tools that enables users to visualize and share insights from their data. Built on top of Excel, Power BI provides robust data modeling capabilities, allowing users to create complex data models that can be used to generate interactive charts and maps. This makes it easier for businesses to analyze their data and make informed decisions based on real-time insights.
One of the standout features of Power BI is its ability to connect to a wide range of data sources, including cloud-based and on-premises databases, Excel spreadsheets, and even social media platforms. This flexibility allows users to aggregate data from multiple sources and create a unified view of their business metrics.
The interactive charting capabilities of Power BI are particularly useful for businesses that need to present their data in a visually appealing and easy-to-understand format. Users can create a variety of charts, including bar charts, line charts, and pie charts, and customize them to highlight key trends and insights. Additionally, the mapping feature allows users to create geographic visualizations of their data, which can be useful for businesses with a global presence.
The new Microsoft Power BI will soon be available as an Office 365 add-on, or if you purchased your Office software outright, it can also be purchased as a standalone product. Expect Microsoft to release a preview of the new Power BI services and tools during the summer months.
In summary, the introduction of Power BI to the Office 365 suite represents a significant enhancement to Microsoft’s cloud-based productivity tools. By providing advanced data analysis and visualization capabilities, Power BI empowers businesses to make data-driven decisions and gain a competitive edge in their respective industries. The expansion of the Office Store to 22 new markets further underscores Microsoft’s commitment to delivering innovative solutions that meet the diverse needs of its global user base.
Source: TNW
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