Business Analytics and Intelligence have become very imperative areas in today's world, which helps in turning irrelevant data into meaningful information, to make better business decisions and drive increased revenues, customer satisfaction, customer retention, and cost optimization.
Now what is embedded analytics?
Embedded Analytics helps businesses to seamlessly integrate powerful BI capabilities directly into their applications, mobile apps, and web portals. Rather than having business analytics separate from the application, embedded analytics enables reports and dashboards to exist natively in the application.
"In this blogpost, we'll explain how Power BI Embedded Analytics can be implemented into a website".
Embedding Power BI items (such as reports, dashboards and Q&A) into your application allows you to integrate fully interactive analytics without having to build your own data visualizations and controls from scratch. The Power BI analytics that you embed, can either present data that your app owns through your own Power BI account, or data that your user/customer owns through their Power BI accounts.
There are two types of Power BI Embedded Analytics:
You need to have a Power BI Pro account with Azure access OR alternatively, a Service principal that uses an application ID and an application secret to authenticate your application.
The embedded analytics are being used in many use-cases differ by Industries including the following:
For insurance companies to stay profitable, they need to keep constant track of the claims being made for their different policies.
Interactive dashboard to see performance of different brands, profile buyer segments and understand the sales funnel.
Churn prediction model which assists telecom operators to predict customers who are most likely subject to churn.
This Power BI dashboard provides an overview of a company's insurance claims metrics. With this dashboard, viewers can answer the following questions:
This Power BI dashboard can help retailers suggest cross-selling and up-sells based on Inventory and Product's level purchase details. With this dashboard, Marketing Executives can answer the following questions:
This Power BI dashboard can help Telecom Companies to retain their customers from churning to another mobile operator. With this dashboard, Marketing Executives can answer the following questions:
In this use-case we have implemented complete Data ETL Pipeline using Yahoofinace API, Amazon S3, AWS Lambda, AWS Glue, Amazon Aurora, AWS Redshift and AWS Quick Sight. This dashboard is showing real-time stocks price and volume change every minute. With this dashboard, investors can get the answer for following questions:
Organizations are using these embedded analytics platforms to get their data and analytical outputs (like charts, graphs, pivot tables, dashboards) and self-service analytical capabilities inside the business's core application. So rather than logging into different services or tools, clients can directly access it whenever they need. Embedded Power BI allows you to place stunning data visuals, and analytical content directly into your applications. One of the benefit of Embedding Power BI is it Reduces developer resources by automating the monitoring, management, and deployment of analytics, while getting full control of Power BI features and intelligent analytics
*Please Check out our Company Website to explore more on Power BI Embedding Dashboards
Note: Do visit again to explore our upcoming blog on Power BI Embedding Authoring.