The world is running on data, especially in business. Every decision, from production to marketing strategy, is based on data analysis. Microsoft Power BI is the industry leader in data visualizaiton and analysis because of its user-friendly interface and affordable pricing. But how much do Microsoft Power BI services cost you? That’s precisely what we will be discussing in this blog. We will break down the cost to understand the standard and advanced factors contributing to the price and why each penny you invest is worth it! So, let’s start by understanding the Power BI services, followed by the associated cost.Â
What are Microsoft Power BI services?
Microsoft Power BI is a business intelligence tool that empowers businesses with data insights. They offer comprehensive services, including data analysis and visualization. Power BI empowers you with tools to create an interactive dashboard to track your desired KPIs. You can see the KPI from anywhere with just a few clicks. A few services include integrating data sources, creating diverse data flows, visualizing the data using vibrant tools, and creating live reports for better decision-making. These services make critical decisions easier and give you a competitive edge in driving business growth.Â
What are the cost factors of Microsoft Power BI services?Â
The Microsoft Power BI services include various factors that contribute to their cost. Therefore, understanding these factors is crucial to make your decision. So, let’s learn more about these factors and why they are essential for your business.Â
Microsoft Power BI licenseÂ
Power BI provides a free desktop version with essential dashboard tools and data integration services. However, you must get a licensed version of Power BI to understand your performance and track your KPIs better. Microsoft Power BI services can be accessed using two main licenses: Power BI Pro and Power BI PPU. All these plans have unique features that you must know about.Â
Power BI Free License:Â
The Power BI free version is for each user without spending any penny. They can create a simple dashboard with access to basic features like integrating a few data sources and creating basic reports.Â
Power BI Pro:
A Power BI Pro license costs $10 per user for a month. Thus, each team member working on data analysis and reports needs a pro license. These users can collaborate with the reports. These users get access to Microsoft 365 E5 and Office 365 E5 services.Â
Power BI PPU:Â
A Power BI Premium Per User (PPU) is a license for data analysts with access to advanced tools. The Power BI PPU license costs $20 per user for a month. It helps you manage your large-scale data by creating effective models and dashboards. The PPU license holders can refresh the data set more for accurate data and results.Â
Compare these plans and select one that suits your needs the most. You can choose the plans for your team members based on their needs. For example, you can view the dashboard and workshop shared by Pro and PPU holders without having a premium account. So, if the member needs only to view, there is no need for a license. However, they are creating reports that will require a relevant license.Â
Consulting service feesÂ
Power BI consulting is your choice; it is a variable cost. You can use Microsoft Power BI services on your own. However, you can do so much more with the help of an expert Power BI consultant. These consultants help you create analysis and data visualization strategies to achieve your goals effectively and offer maintenance services for efficient performance. With the help of Microsoft-certified Power BI consultants, you can integrate data sources, create data models and dashboards, and report accurately to support your decision-making process and track KPIs. The charges of Microsoft Power BI services in the USA range between $60-$150 depending on the project scale & complexity, the consultant’s expertise, and custom services.Â
Third-party integration costÂ
Power BI helps you analyze your data by collecting it from diverse sources. The data sources may include CRM software, sales trackers, Ads metrics trackers, Social Media performance metrics, and other data necessary for your business growth. However, there might be costs associated with integrating these third-party applications and sources. You must research and understand the cost of combining your desired data source. You can also rely on Power BI consulting service providers like Squillion Tech to integrate your data sources efficiently.Â
Customized development costÂ
Businesses have unique structures and needs, so they must make strategies catering to their needs and performance. Therefore, data analysis needs are unique to each company. That’s where Microsoft Power BI services save the day. They offer customization services for data visuals and dashboards to help you create advanced analytical solutions specific to your business and data. The cost of customization depends on the functionality, level of customization, and charges of Power BI developers creating custom solutions.Â
Why should you invest in Microsoft Power BI consulting services?Â
We discussed the factors contributing to the cost of using Power BI services for your business. But why should you spend that capital, especially if you are a startup or small business? Following are a few reasons you should be investing in Power BI for data analytics:Â
Data analysis in budgetÂ
Microsoft Power BI offers affordable data analytics solutions to businesses of all sizes. From the free version with limited features to the advanced PPU license at $20 per user/month. Depending on your needs, you can switch the license types for your team. You can integrate the data sources effortlessly for accurate data analysis.Â
Making data-backed decisionÂ
With Power BI, you can create interactive dashboards and reports. The tool allows you to refresh your data set, thus leading to real-time data analysis. It helps you understand your market trends, team performance, and sales data and better make informed decisions for business growth.Â
Integrating your data sourcesÂ
Power BI is one of the best-known data visualization tools because of its integration capabilities. Microsoft Power BI services help you integrate diverse data sources like Excel, SQL servers, CRM software, Ad performance trackers, and more. Thus, you can track your performance and trends at your fingertips, skipping the tedious process of opening each data source to create a report.Â
Scale your analytics as your data growsÂ
The data grows with your business. Power BI empowers you with tools to manage and secure your data. The scalability feature of Power BI helps you accommodate the growing need for data analysis with advanced tools and data visuals.Â
Role-based access to teamÂ
We are all familiar with the pressure when a team member misplaces data. However, with Microsoft Power BI services, you can assign Power BI access roles to the team members to avoid misunderstandings and errors. By assigning roles, you can have more control of the reports and dashboard and have additional security for your data.
Those were the benefits you get by opting for Power BI for data analysis. However, if data visualization and analysis seem daunting, you can rely on Power BI consulting service providers like Squillion Tech.Â
How can Squillion Tech help you with Microsoft Power BI services?
Squillion Tech is a certified Microsoft partner that provides Power BI consulting services. We are a team of developers with experience using Power BI for various companies in logistics, eCommerce, Automotive, SaaS, and more. We specialize in creating user-centric dashboards and Power BI setups to streamline data analysis and visualizaiton for business. We launched our custom visual ‘Map By Squillion,’ and within six months, it has ranked among the top 50 visuals on Power BI. We can help you effortlessly adopt Power BI in your management. Following are a few reasons you can trust us, just like our existing customers do!Â
- End-to-end implementation: Our team creates a thorough project progression plan that caters to your needs from the initial discussion, development, and final deployment. We eliminate any hassles and answer your queries so you get the best results and ROI.Â
- Microsoft-certified Power BI developers: We have been focused on providing quality work and thus securing Power BI-partner badges from Microsoft. Our team includes certified Power BI developers who offer their expertise to use the advanced features of Power BI effortlessly and easy data analysis.Â
- Industry experience: We have worked with diverse industries to understand diverse challenges and create strategies to overcome those challenges.Â
- Custom dashboards and visuals: We understand that businesses require unique solutions. Therefore, we specialize in developing custom visuals per your needs for a dashboard designed for you!
- Team training: Our training programs empower your team to maximize Power BI’s potential and improve operational efficiency.
- Continuous support: Staying up-to-date with industry trends is our priority. We ensure top-notch performance with consistent support, timely troubleshooting, and plan updates.Â
- Performance optimization: Our experts optimize your Power BI reports and dashboards to ensure the best performance and quick data refreshes.
Let’s get on a call and talk about how we can help you with business growth. We are eager to hear from you!Â
ConclusionÂ
Microsoft Power BI services are one of the best in the market. Therefore, they have been market leaders in data analysis and visualization. One of the reasons for their popularity is their affordable business intelligence solutions. If you are wondering what the Power BI services cost in the USA, consider factors like license fees, third-party application integration charges, and customized visual development. Furthermore, if you want to utilize advanced Power BI tools for better KPI tracking and data analysis without technical expertise, you can rely on Power BI consulting service providers like Squillion Tech. We help you create an effective Power BI solution that caters to your needs. Our certified developers implement the solution and train your team for better performance. Consider the cost of your Power BI consulting services if you opt for consulting.Â