Good decision-making is key to a company's success. And the first step to making smart decisions is by using powerful tools to analyze data and draw meaningful insights. Microsoft Power BI offers a vast catalog of features that provide the ability to explore data and get the most out of it.

Small- and medium-sized businesses (SMBs) like yours are the backbone of the global economy. You play an essential role in creating jobs, fostering innovation, and driving economic growth. But to stay competitive, you need to have access to the latest technology, and that often feels like an insurmountable challenge for SMBs with limited resources.

People have always been intrigued by what the future holds. But while seers use crystal balls and tarot cards to get a glimpse of what’s to come, business leaders shouldn’t have to base their business forecasts on pseudoscience. Instead, they should use a scientific tool that collects and analyzes data to do reliable predictive forecasting, such as Microsoft’s Power BI.

Power BI is a separate Microsoft product on its own, but if you have a Microsoft 365 Enterprise E5 subscription, then you can avail of Power BI for Microsoft 365. Both versions use a variety of statistical techniques, such as modeling and data mining, to analyze current and previous information to make accurate predictions.

Microsoft Excel can be used to record inventory, create simple and complex formulas, and manage data. The world’s most popular spreadsheet program is chock full of features, and with a recent upgrade, users will be able to do more with their own data.

To help you prepare for future challenges and opportunities, Office 365 has predictive forecasting: Power BI’s powerful business analytics tool. Learn more about it here.

It’s rare that business owners have a chance to get move value out of their existing IT solutions without investing more resources in them. But with Microsoft’s latest data analytics platform, business owners can make sure they’re squeezing every last drop of productivity from Office 365, for free.