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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.Rise of Power BI’s popularityIf 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.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 SisenseOnce the KPIs are determined, Power BI is an unbelievably simple tool to usePower BI seamlessly integrates with Office 365 and other Microsoft tools.A Career in Power BIHaving 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 ArchitectBusiness AnalystData AnalystBI DeveloperBenefitsThere 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:It integrates seamlessly with existing applicationsBoasts a rich personalized dashboardsHelps publish reports securelyThere are no memory and speed constraintsSimple and packs performanceMicrosoft Power BI consulting tool supports Advanced Data servicesHuge quantities of data can be taken into Power BI, something that many other platforms would struggle to processPower 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 DevelopersAccording 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 - 134,000India₹138,000 - 445,000882,000 - 2,000,000CanadaC$45,000 - 71,00067,000 - 95,000UK£22,000 - 38,00041,000 - 71,000AustraliaAU$56,000 - 108,00078,000 - 137,000Which major companies are hiring Microsoft Power BI Developers?Accenture Technology SolutionsInfosys LimitedTata Consultancy Services LimitedIBM Global ServicesWipro Technologies LtdCognizant TechnologyAlliance Global ServicesAnchorage Consultants LLCNext Generation Recruitment & Staffing AgencyTechnical ConnectionsAnthemAmazonCompaniesAverage Salary in the USA per year (US$)Anchorage Consultants LLC133,983Next Generation Recruitment & Staffing Agency130,000Technical Connections113,309Anthem107,022Amazon106,853Why Power BI professionals are paid so muchProfessionals 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 ArchitectBI 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 AnalystsBusiness 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 AnalystsData 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 DeveloperLike 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.ConclusionThis 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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Power BI Salary-Earning Potential of a Power BI Individual

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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.

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.

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?Which major companies are hiring Microsoft 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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KnowledgeHut

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KnowledgeHut is a fast growing Management Consulting and Training firm that is a source of Intelligent Information support for businesses and professionals across the globe.


Website : https://www.knowledgehut.com/

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What is Power BI Used For - Practical Applications Of Power BI

Organizations deal with lots of data regularly. But in case you are not able to access or connect with that important data, you are not yielding anything. You are keeping your organizations away from getting the value. Microsoft Power BI will help you solve this problem with the help of a powerful business intelligence tool that mainly stresses on Visualization. Microsoft Power BI is a fundamental programming framework for organizations with huge amounts of disparate data developed during normal business operations. Power BI has numerous uses in building a software system. Let’s see the practical uses of Power BI below:Visualization = Inbuilt featureServer-Level Data ManagementAnalytics With Internal Software SystemsProvide complex data within software and appsStreamline Organizational ProcessesVisualize Details EasilyEnhance the marketingReal-Time look at the company’s financial performanceCreate Consistent Reporting Standards 1. Visualization = Inbuilt featureData Visualization is very crucial for human management in business systems. The computer programs are written in coding language whereas business people need to be able to visualize and understand the business data. Microsoft Power BI provides such tools that will let you visualize key data points accurately from various sources in a single dashboard. Power BI integration with Cortana can visualize data, interact with it in your OS, and search your data with Cortana’s powerful AI systems.2. Server-Level Data ManagementIn businesses, data comes from various sources. Most of those sources reach the server at some point. Power BI tools let you manage all the business-related data at the server level with the goal that you have more extensive and complete information systems than the data you collected from a program working on a few PCs. 3. Analytics With Internal Software SystemsYour business needs to access data from the complete software system to manage it. Power BI merges with any software platform used to manage the businesses. This consists of mail management,  social media platforms, accounting software, CRMs, and traditional data platforms like Azure and MySQL. Multiple dashboards for data management are integrated to form Integrated data management. If the businesses use integrated data management then the businesses need not use multiple dashboards for managing the data. 4. Provide complex data within software and appsPower BI takes input from various sources and provides that data in various contexts, including embedded within your own apps through API by Microsoft. Moreover, Power BI offers tools to manage businesses allowing app customization. It also provides a product value-add feature that is used to track and identify the key data sets regarding the product or service.        5. Streamline Organizational Processes The departments such as Sales, marketing, operations, HR, and so on in the organizations need their own data sets, KPIs, and their own data management systems. Power BI offers specific functionality to the businesses in the form of a data management system/app to streamline the processes from different departments. It let the businesses use the templates for intuitive dashboards and reporting systems instead of creating a system part-wise for your business. It gives your teams the capability to manage quality and efficiency without software customization. 6. Visualize Details EasilyPower BI helps businesses to check any kind of details to ensure that the business is running smoothly. While some enterprises track a small amount of inventory, some businesses track sales calls (made by the sales team members). These data sets are designed with Power BI algorithm and delivered in a readable and easily understandable format.7. Enhance the marketingBusinesses spend intensely on online marketing to attract customers. But the huge mass is failing to convert while researching the solutions to their uniques problems online. In this case, Power BI helps you create a chart to track the user behavior all through their online visit. 8. Real-Time look at the company’s financial performanceFinancial issues have an enduring effect on your organization, particularly if it's totally all of a sudden. Microsoft Power BI gives you understanding into the performance of the organizations at numerous levels. With Power BI, you can gaze into teams productivity, top-selling products, the income created by a specific division and numerous different perspectives. With Power BI, you will be able to get immediate attention on sudden financial drops and will be able to fix the issues before it turns into a huge concern.   9. Create Consistent Reporting StandardsEvery organization relies on applications from accounting to sales for their day-to-day job duties. You will not always get a reporting feature in these programs and if you get, the format varies from app to app. Using Power BI, you can pull the data and generate reports to provide you organizational standards. It is less hectic for the managers and takes less time to get the data if it is presented in the same format and style each time.Use-cases of Power BIThere is no doubt that Big Data has big potential today. Most of the companies using Power BI have started enjoying the real benefits such as higher efficiency, improved performance, and more efficient use of their data. Here are some of the real-world examples of Power BI that will tell you how companies are reaping commercial success with Power BI.1. MediaComMediaCom is the world's most famous media agency and the largest cable television provider was in need of the module that can easily measure and represent the health of a large number of diversified data sets.  For this problem, they found the solution i.e. ‘health check’ which is able to capture every surface of a multi-platform media in one single score, including paid media effectiveness, earned media effectiveness, the ratio of earned-to-paid media, realized customer value, and longitudinal performance. The feature ‘health-check’ is built on Power BI that provides a campaign dashboard, a collaborative site where the account team can ask their queries to the customers. With the adoption of Power BI, the company yielded increased optimization checks for campaigns from weekly to daily basis.     2. Carnegie Mellon UniversityCarnegie Mellon University (CMU), a global research university known for its world-class studies was looking for some option that can optimize the power (energy) and operational efficiency in buildings around the globe.The university installed a PI system and integrated automation system of the whole building. Also, they installed lights, ventilation, air quality, weather, and security data sources.   At that point, they included Power BI for Office 365 to give custom-reporting abilities to all the constant information created by the different frameworks, furnishing employees with maps, visualizations, and dashboards indicating data, for example, building types, geographic areas, and power consumption. This data empowers employees to identify the environment, and show them to reduce energy usage. With Power BI installed, CMU identified 30% less energy consumption.3. 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