Power BI Salary-Earning Potential of a Power BI Individual

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Last updated on
12th Jul, 2022
Published
20th Jun, 2019
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Power BI Salary-Earning Potential of a Power BI Individual

Power BI, a business analytics service by Microsoft, offers interactive visualizations and business intelligence capabilities using a simple interface for end users, thus helping them create their reports and dashboards. The services, known as Power BI Services provided by Power BI, are cloud-based and possess a cloud-based interface, Power BI Desktop.

Data warehouse capabilities including data preparation, data discovery, and interactive dashboards are some of the features provided by Power BI. The Power BI Developer Future is safe and sound, provided the expert has hands-on experience in the domain.  

Rise of Power BI’s popularity

If we look at the Google trends graph below, then we will see that Microsoft Power BI became very popular over the past five years. Such has been the interest of people to know about Power BI, what it is and how a career can be made out of it.

Power BI Popularity Trends

Below-mentioned are the main achievements of Power BI.

  • Power BI established itself as one of the far more cheaper alternatives compared to other BI tools such as Tableau, Domo and Sisense
  • Once the KPIs are determined, Power BI is an unbelievably simple tool to use
  • Power BI seamlessly integrates with Office 365 and other Microsoft tools.

A Career in Power BI

Having in-depth knowledge and hands-on experience in Power BI will help you immensely with implementing larger scale projects if you get into using Tabular models, provided you use Tabular models.

Forming a career in Power BI is exciting and fast-paced. Power BI’s interactive community is growing at a considerable pace providing a host of options to learn and socialise with Power BI user groups. Below mentioned is a list of all the potential job roles that are open for professionals skilled in Power BI. There is no dearth of opportunities for professionals skilled in Power BI.

  • BI Architect
  • Business Analyst
  • Data Analyst
  • BI Developer

Benefits

There are a lot of benefits in using Power BI which has brought in a revolutionary and simplified change in the business analytics field. Power BI, a progressive step forward in business intelligence, is perfect for businesses which need more reporting power and analytical strength than they can get from Excel. Power BI assists such businesses with assembling, visualising and scrutinising data throughout the organisation. This results in organisations having a more in-depth assessment of their progress and performance. Doing so lets them use formal data as a base to take more informed decisions.

Here are a few of the many valued benefits that the Microsoft Power BI tool offers:

benefits of Microsoft power bi tool

  • It integrates seamlessly with existing applications
  • Boasts a rich personalized dashboards
  • Helps publish reports securely
  • There are no memory and speed constraints
  • Simple and packs performance
  • Microsoft Power BI consulting tool supports Advanced Data services
  • Huge quantities of data can be taken into Power BI, something that many other platforms would struggle to process
  • Power BI is cloud-based resulting in users getting state of the art and up to date intelligence capabilities and powerful algorithms.

Salary and Companies hiring Power BI Developers

According to Payscale.com search results, the average annual salary of an entry-level Power BI developer in India is Rs. 293,544(Rs 38,000 - Rs 445,000), going as high as Rs. 445,000. Experienced Power BI developers earn incredibly high as Rs 1,248,962(Rs. 882,000 - Rs. 2,000,000) on average and the highest being Rs 2,000,000.

In the USA, the demands of Power BI developers are rising with the average annual salary of an entry-level being US$70,050 (US$51,428 - US$88,000) and experienced ones earning as high as US$114,298 with an average of US$114,298 (US$91,000 - US$134,000).

Salary range for Power BI Professionals in various countries:

CountryCurrencySalary Range (Entry-Level)Salary Range (Experienced)
The USAUS$51,000 - 88,00091,000 - 134,000
India138,000 - 445,000882,000 - 2,000,000
CanadaC$45,000 - 71,00067,000 - 95,000
UK£22,000 - 38,00041,000 - 71,000
AustraliaAU$56,000 - 108,00078,000 - 137,000

Which major companies are hiring Microsoft Power BI Developers?
Top companies hiring Power BI Developers

  • Accenture Technology Solutions
  • Infosys Limited
  • Tata Consultancy Services Limited
  • IBM Global Services
  • Wipro Technologies Ltd
  • Cognizant Technology
  • Alliance Global Services

companies hiring Microsoft power BI developers in USA

  • Anchorage Consultants LLC
  • Next Generation Recruitment & Staffing Agency
  • Technical Connections
  • Anthem
  • Amazon
CompaniesAverage Salary in the USA per year (US$)
Anchorage Consultants LLC133,983
Next Generation Recruitment & Staffing Agency130,000
Technical Connections113,309
Anthem107,022
Amazon106,853

Why Power BI professionals are paid so much

Professionals skilled in Power BI have a host of job roles to work in. Nowadays, having a great data analysis strategy is extremely important for businesses. This has lead to a rise in the demand for business intelligence professionals. Such demanding work in an important field of analytics definitely implies that the individuals skilled in Power BI are paid very well with respect to their job roles.

Let us assess the importance of these professionals based on their job roles and responsibilities.

Business Intelligence Architect

BI Architects manage databases, data warehouses, and different storage infrastructure. They also develop data structures, which in turn helps in organising platforms and utilise data more efficiently and effectively. Managing and analysing a company’s data results in the BI Architect coming up with tactics that help them come up with better, more productive decisions and support more successful outcomes.

Business Analysts

Business Analysts are partly technical, partly business-based professionals. They need to possess an understanding of business requirements and the data skills so that they are competent enough to model and analyse data respectively. A Business Analyst always strives to develop and propose new business intelligence solutions, and report-writing so that organisations get more out of their data.

Data Analysts

Data Analysts produce reports, design data, and analysis and then translating it into understandable data with a vision, one that can be used to create actions for the business.

BI Developer

Like any other kind of software developer, BI Developers design and develop tools and solutions for apps and services. Their main job is to translate business needs into specifications, improve and extend business intelligence platforms doing which will lend them a helping hand in meeting the needs of their users in a much better way.

It is quite understandable that Analysts skilled in Power BI have an enormous range of skillset with the rapid demand for forming perfect data analysis strategies resulting in huge demand for Power BI professionals. The future holds firm with these individuals on the job and thus they get paid quite handsomely.

Conclusion

This is just the beginning of Microsoft Power BI’s growth that that world has been witnessing for the last couple of years. Its power-packed but its simplified features will bring new significant changes in the world of Business Analytics. A career as a Power BI analyst is one of the most lucrative, interesting and prolific jobs around.

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