FIN 335 San Diego State University Finance Question

Read this brief blog post that compares Excel against BI (Business Intelligence).   

Summarize (at least 150 words) the main points and the conclusion of this article. Do you agree with the author’s conclusion, why or why not?

Comment on (2) other students’ post for full credit. 

https://blog.bismart.com/en/excel-vs-power-bi-whic…

Here is classmate #1 The article written by BiSmart a Microsoft Partner company compares and contrasts Microsoft Excel and Power BI, the main differences are that they both have different features that indicate that they are used for different fields within a company. Power BI is mainly used to model data visually-friendly and managing Big Data, while Excel is more versatile with the uses, for many years it has been used in science, mathematics, and other many fields that require to manage data. Although Power BI theoretically exhibits less weaknesses than Excel, it can be used for many operations (it is more general and broad) in a company compared to Power BI. I think ideally both should be used simultaneously since they complement each other more than they compete with each other. They both have different uses that cover more ground in administrative operations. Since they are both programmed by Microsoft, companies have the advantage of using both and using the best features of what makes each of them unique.

#2 The blog post “Excel vs Power BI: Which One is Better?” compares the two popular data analysis tools. Excel is a well-established spreadsheet program that is known for its flexibility and ease of use while Power BI is a newer business intelligence tool that offers a wider range of features, including data visualization, dashboarding, and collaboration. The author of the blog post concludes that Power BI is the better tool for most businesses. They argue that Power BI’s features are more powerful and user-friendly than Excel’s, and that Power BI is better suited for large data sets and complex analysis. I agree with the author’s conclusion. Power BI is a more powerful and versatile tool than Excel. It offers a wider range of features, including data visualization, dashboarding, and collaboration. Power BI is also better suited for large data sets and complex analysis. However, I would also say that Excel is still a valuable tool for many businesses. Excel is more familiar to many users, and it is still a powerful tool for basic data analysis. If you are not familiar with Power BI, or if you only need to do basic data analysis, then Excel is still a good option.