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.
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.
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Below-mentioned are the main achievements of 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.
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:
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).
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.
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 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 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.
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.
Business Intelligence Architect
Business Analysts
Data Analysts
BI Developer
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