Data storytelling is more than just presenting numbers and charts. It’s about weaving a compelling narrative around your data, making it understandable, memorable, and ultimately, actionable. In the world of business intelligence, where data is abundant, the ability to tell a story with it is a valuable skill.
Why Data Storytelling Matters
Enhanced Understanding: When data is presented as a story, it’s easier for people to grasp complex concepts.
Increased Engagement: A well-crafted story can capture the attention of your audience, making them more invested in the data.
Improved Decision-Making: By understanding the context and implications of data, decision-makers can make more informed choices.
Key Elements of Data Storytelling
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1. Know Your Audience: Understand who you’re trying to persuade. Tailor your story to their interests, knowledge level, and decision-making process.
2. Identify the Main Message: What is the key takeaway you want your audience to remember? This will guide the structure of your story.
3. Choose the Right Visuals: Use charts, graphs, and other visuals to enhance your story and make it more engaging. Avoid overwhelming your audience with too much data.
4. Create a Compelling Narrative: Structure your story with a beginning, middle, and end. Use storytelling techniques like conflict, resolution, and a strong call to action.
5. Practice Empathy: Put yourself in your audience’s shoes. Consider their perspective and tailor your story accordingly.
Examples of Data Storytelling
Let’s explore a few examples of how data storytelling can be used in different contexts:
1. Marketing: A marketing team can use data storytelling to demonstrate the effectiveness of a new campaign. By comparing sales data before and after the campaign, they can create a compelling narrative that highlights the campaign’s success.
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2. Finance: A financial analyst can use data storytelling to explain a complex financial concept. By breaking down the concept into smaller, more digestible pieces, they can make it easier for their audience to understand.
3. Human Resources: An HR department can use data storytelling to advocate for a new employee benefit. By presenting data on employee satisfaction and productivity, they can make a strong case for the benefit’s value.
Tips for Effective Data Storytelling
Keep it Simple: Avoid jargon and technical terms. Use clear and concise language.
Use Storytelling Techniques: Incorporate elements like conflict, resolution, and a strong call to action.
Practice Regularly: The more you practice data storytelling, the better you’ll become at it.
Seek Feedback: Ask others for their opinions on your stories. This can help you identify areas for improvement.
Data storytelling is a powerful tool that can help you communicate complex ideas effectively. By following these guidelines, you can create compelling narratives that inform, persuade, and inspire. Remember, the goal is not just to present data, but to make it meaningful and memorable.
Data storytelling is more than just presenting numbers and charts. It’s about weaving a narrative around data, making it engaging, understandable, and impactful. In a world inundated with information, the ability to communicate data effectively is a valuable skill. Let’s explore what data storytelling is and why it’s so important in today’s business landscape.
What is Data Storytelling?
Imagine you’re reading a captivating novel. The author doesn’t simply list events chronologically; they craft a story with a beginning, middle, and end, using vivid language, characters, and plot twists to keep you engaged. Data storytelling is similar. It involves taking raw data and transforming it into a compelling narrative that resonates with your audience.
Instead of simply presenting a bar chart, for example, you could describe the data in a way that evokes emotion or tells a story. Perhaps you could compare the chart to a rollercoaster ride, with peaks and valleys representing periods of growth and decline. Or maybe you could use a metaphor to explain a complex concept, making it easier to understand.
Why is Data Storytelling Important?
Data storytelling is important because it helps people make sense of complex information. When data is presented in a dry, technical way, it can be difficult to understand and remember. But when it’s presented in a way that is engaging and relatable, it’s much more likely to stick with people.
Here are some of the benefits of data storytelling:
Improved decision-making: When data is presented in a clear and compelling way, it’s easier to make informed decisions.
Increased engagement: Data storytelling can help capture and hold the attention of your audience, even if they are not naturally interested in data.
Enhanced credibility: When you can effectively communicate data, it makes you appear more credible and knowledgeable.
Better collaboration: Data storytelling can help foster collaboration and understanding between different teams and departments.
Increased impact: When data is presented in a way that is both informative and engaging, it is more likely to have a lasting impact.
Tips for Effective Data Storytelling
If you want to become a skilled data storyteller, here are a few tips to keep in mind:
Know your audience: Before you start telling your story, it’s important to understand who you’re talking to. What are their interests, needs, and level of knowledge? Tailor your story accordingly.
Start with a strong hook: Grab your audience’s attention right away with a compelling opening. This could be a surprising statistic, a thought-provoking question, or a personal anecdote.
Use visuals effectively: Visuals can be a powerful tool for storytelling. Choose the right charts and graphs to illustrate your points, and make sure they are clear, easy to understand, and visually appealing.
Use a clear narrative structure: Your story should have a beginning, middle, and end. Introduce your topic, provide supporting evidence, and draw a conclusion.
Tell a story, not just present data: Don’t just list facts and figures. Weave a narrative around your data, using storytelling techniques like metaphors, analogies, and personal anecdotes.
Practice, practice, practice: Data storytelling is a skill that takes time to develop. The more you practice, the better you will become.
By following these tips, you can learn to use data storytelling to communicate your ideas more effectively and achieve your goals.
Data storytelling is rapidly becoming an essential skill in the world of business intelligence (BI). It’s more than just presenting numbers and charts; it’s about crafting a compelling narrative that helps stakeholders understand and act on insights. Think of it as transforming raw data into a captivating story that resonates with your audience.
Why Data Storytelling Matters
Enhanced Understanding: By presenting data in a narrative form, you make it easier for stakeholders to grasp complex concepts and relationships.
Increased Engagement: Stories are inherently engaging, and when you use them to present data, you’re more likely to capture and hold your audience’s attention.
Improved Decision-Making: When data is presented in a compelling story, it’s more likely to influence decision-making. People are more likely to remember and act on insights that are presented in a memorable and relatable way.
Key Elements of Effective Data Storytelling
1. Know Your Audience: Understanding your audience is crucial. Consider their roles, interests, and level of technical knowledge. Tailor your story to meet their needs and expectations.
2. Identify the Story: Before you start crafting your narrative, identify the key message or insight you want to convey. This will help you structure your story and ensure that every element supports your overarching theme.
3. Choose the Right Visuals: The right visuals can enhance your story and make it more engaging. Consider using charts, graphs, infographics, or even storytelling techniques like metaphors and analogies.
4. Use a Compelling Narrative Structure: A well-structured narrative can help your story flow smoothly and keep your audience engaged. Consider using a classic story structure like the hero’s journey or a problem-solution framework.
5. Practice Empathy: Put yourself in your audience’s shoes. Consider their perspectives and try to anticipate their questions and concerns. This will help you tailor your story to resonate with them on a deeper level.
Examples of Data Storytelling Techniques
The “Before and After” Story: This technique is particularly effective for demonstrating the impact of a change or intervention.
The “Case Study”: Share a real-world example of how your insights have been used to solve a problem or achieve a goal.
The “Personal Anecdote”: A personal story can help you connect with your audience on a more emotional level and make your data more relatable.
The “Metaphor or Analogy”: Using a metaphor or analogy can help simplify complex concepts and make them more memorable.
Tools and Resources for Data Storytelling
Data Visualization Tools: There are many excellent tools available for creating visually appealing and informative data visualizations. Some popular options include Tableau, Power BI, and Looker.
Storytelling Software: If you’re looking for a more specialized tool, consider using storytelling software like Stormboard or Prezi.
Online Courses and Tutorials: There are many online resources available to help you learn the art of data storytelling. Look for courses and tutorials that offer practical tips and examples.
By mastering the art of data storytelling, you can transform your BI insights into powerful narratives that drive understanding, engagement, and action. Remember, data is just the beginning. It’s the story you tell with that data that truly makes a difference.
NLP: The New Language of Business
In the vibrant landscape of Business Intelligence (BI), where data-driven insights reign supreme, a new language is emerging: Natural Language Processing (NLP). Powered by artificial intelligence (AI), NLP is revolutionizing the way businesses interact with their data. It’s transforming complex datasets into understandable, actionable insights, making BI more accessible and valuable than ever before.
What is NLP?
At its core, NLP is a branch of AI that enables computers to understand, interpret, and generate human language. By analyzing text and speech, NLP algorithms can extract meaning, identify patterns, and even generate human-like text. In the context of BI, NLP is being used to:
Natural Language Queries: Instead of learning complex SQL queries, users can simply ask questions in plain English. NLP tools can then translate these queries into the appropriate SQL code, making data access more intuitive and efficient.
Text Analytics: NLP can be used to analyze unstructured text data, such as customer feedback, social media posts, and news articles. By identifying key themes, sentiment, and trends, businesses can gain valuable insights into customer behavior and market dynamics.
Chatbots and Virtual Assistants: NLP-powered chatbots and virtual assistants can provide personalized support to customers and employees. These AI-driven tools can answer questions, troubleshoot problems, and even complete tasks, improving customer satisfaction and operational efficiency.
The Benefits of NLP in BI
The adoption of NLP in BI offers numerous benefits for businesses of all sizes. Here are just a few:
Improved Accessibility: NLP makes BI more accessible to a wider range of users, including those without a technical background. By eliminating the need for complex SQL queries, NLP empowers users to explore data and uncover insights on their own.
Enhanced Efficiency: NLP can automate many routine BI tasks, such as data cleaning, preparation, and analysis. This frees up analysts to focus on more strategic activities, such as identifying new opportunities and addressing challenges.
Increased Insights: NLP can help businesses uncover insights that would be difficult or impossible to find using traditional BI methods. By analyzing unstructured text data, NLP can identify hidden patterns, trends, and correlations.
Improved Customer Experience: NLP-powered chatbots and virtual assistants can provide personalized support to customers, improving their overall experience. These tools can also help businesses collect valuable customer feedback, which can be used to drive product improvements and innovation.
Real-World Examples of NLP in BI
NLP is already being used by businesses across a wide range of industries. Here are a few examples:
Retail: Retailers are using NLP to analyze customer feedback and identify product trends. This information can be used to optimize inventory levels, improve product recommendations, and personalize marketing campaigns.
Healthcare: Healthcare providers are using NLP to extract insights from electronic health records. This can help identify patients at risk of certain diseases, improve treatment outcomes, and reduce costs.
Finance: Financial institutions are using NLP to analyze market news, financial reports, and social media sentiment. This can help identify investment opportunities and mitigate risks.
As NLP continues to evolve, we can expect to see even more innovative applications in the field of BI. By harnessing the power of AI, businesses can unlock the full potential of their data and gain a competitive edge in today’s data-driven world.
Natural Language Processing (NLP), a subfield of artificial intelligence, has been making significant strides in recent years. Its ability to understand, interpret, and generate human language has opened up a world of possibilities for businesses seeking to leverage their data more effectively.
NLP and Business Intelligence: A Perfect Match
When combined with business intelligence (BI), NLP can transform the way organizations extract insights from their data. By enabling computers to process and understand human language, NLP can bridge the gap between humans and machines, making data more accessible and actionable.
Here are some key ways NLP is being used in BI:
1. Data Extraction and Summarization: NLP algorithms can extract relevant information from unstructured text sources such as emails, social media posts, customer reviews, and even industry reports. This data can then be summarized and presented in a more digestible format, saving analysts time and effort.
2. Sentiment Analysis: NLP can help businesses gauge customer sentiment by analyzing the emotional tone of text data. By understanding how customers feel about their products, services, or brand, businesses can identify areas for improvement and tailor their strategies accordingly.
3. Question Answering: NLP-powered chatbots and virtual assistants can provide users with answers to their questions in natural language. This can be particularly useful for businesses that want to offer self-service support to their customers.
4. Predictive Analytics: NLP can be used to analyze historical data and identify patterns that can be used to predict future trends. For example, NLP can analyze social media data to identify emerging trends and anticipate customer needs.
NLP in Action: Real-World Examples
To better understand how NLP is being used in BI, let’s explore a few real-world examples:
Customer Service: A large retail company uses NLP to analyze customer support emails and identify common issues. This information is then used to improve their customer service processes and reduce response times.
Market Research: A market research firm uses NLP to analyze social media data to identify emerging consumer trends. This information is then shared with clients to help them develop new products and services.
Financial Services: A financial institution uses NLP to analyze news articles and financial reports to identify potential risks and opportunities. This information is then used to make more informed investment decisions.
Challenges and Opportunities
While NLP has the potential to revolutionize BI, there are still some challenges that need to be addressed. One of the biggest challenges is the complexity of natural language. Even for humans, understanding the nuances of language can be difficult. For machines, the task is even more complex.
Despite these challenges, the opportunities for NLP in BI are vast. As NLP technology continues to advance, we can expect to see even more innovative applications in the years to come. From improving customer satisfaction to driving business growth, NLP has the potential to transform the way organizations use data.
6. Data Fabric
Data fabric, a relatively new concept in the business intelligence (BI) landscape, is rapidly gaining traction. Essentially, it’s a unified, scalable, and secure framework that provides a consistent view of data across an organization. Think of it as a digital highway for your data, connecting disparate sources and ensuring seamless flow.
Why is data fabric so exciting?
1. Eliminates Data Silos: In traditional BI setups, data can be scattered across various systems, creating silos that hinder analysis. Data fabric breaks down these silos, making data more accessible and actionable.
2. Enhances Data Governance: By establishing a centralized framework, data fabric improves data governance. It ensures data quality, consistency, and security, reducing the risk of errors and compliance issues.
3. Accelerates Insights: With data fabric, organizations can quickly access and analyze data from different sources, enabling them to derive valuable insights faster. This can lead to more informed decision-making and improved business outcomes.
4. Supports Modern Data Architectures: Data fabric is designed to accommodate modern data architectures, including cloud-based solutions and big data platforms. This makes it a flexible and future-proof choice for organizations.
How does data fabric work?
At the core of data fabric is a metadata layer that provides a common vocabulary and understanding of data across the organization. This metadata layer acts as a map, guiding data flow and ensuring consistency. Additionally, data fabric leverages advanced technologies like AI and machine learning to automate data discovery, integration, and governance tasks.
Real-world examples of data fabric in action
Retail: A major retailer uses data fabric to consolidate customer data from various sources, including point-of-sale systems, loyalty programs, and social media. This enables them to gain a comprehensive view of customer behavior and personalize marketing campaigns.
Healthcare: A healthcare provider uses data fabric to integrate patient data from electronic health records, medical devices, and research databases. This facilitates data-driven insights for improving patient care, optimizing operations, and conducting clinical research.
Manufacturing: A manufacturing company uses data fabric to connect production data with supply chain information. This helps them identify bottlenecks, optimize inventory levels, and improve overall efficiency.
Challenges and considerations
While data fabric offers numerous benefits, it’s not without its challenges. Implementing data fabric can be complex, requiring careful planning, investment in technology, and skilled personnel. Additionally, organizations need to address data privacy and security concerns to ensure the protection of sensitive information.
Despite these challenges, data fabric has the potential to revolutionize how organizations manage and leverage their data. By breaking down silos, enhancing data governance, and accelerating insights, data fabric can drive innovation and competitive advantage. As organizations continue to embrace data-driven decision-making, data fabric is poised to become a critical component of their BI strategies.
Data storytelling is the process of transforming raw data into a compelling narrative that can be easily understood and remembered. It’s a powerful tool that can help businesses communicate insights, make decisions, and drive change.
Why is data storytelling important?
Improved communication: Data storytelling can help businesses communicate complex ideas in a clear and concise way.
Better decision-making: By presenting data in a meaningful way, businesses can make more informed decisions.
Increased engagement: Data storytelling can make data more engaging and interesting to audiences.
How to tell a data story
1. Identify your audience: Who are you trying to reach with your story? What do they already know about the topic?
2. Choose a narrative structure: Decide how you want to tell your story. Will it be a chronological story, a case study, or a comparison?
3. Select your data: Choose the data that is most relevant to your story.
4. Visualize your data: Use charts, graphs, and other visuals to help tell your story.
5. Craft your narrative: Write a compelling narrative that connects your data to your story.
6. Practice your delivery: Rehearse your story until you are confident in your delivery.
Examples of data storytelling
The Economist’s “The World in 2017” This annual publication uses data visualization to tell stories about global trends.
Hans Rosling’s TED Talks Rosling is a renowned data storyteller who uses animated visualizations to explain complex global issues.
The New York Times’ “What It Takes to Be a Millionaire” This interactive graphic uses data to explore the factors that contribute to wealth.
Tips for effective data storytelling
Keep it simple: Avoid using too much jargon or technical terms.
Use visuals: Charts, graphs, and other visuals can help to make your data more understandable.
Tell a story: Your data should be part of a larger narrative.
Practice your delivery: Rehearse your story until you are confident in your delivery.
Data storytelling is a valuable skill that can help businesses communicate insights, make decisions, and drive change. By following these tips, you can create compelling data stories that will resonate with your audience.
Data storytelling is the process of transforming raw data into a compelling narrative that can be easily understood and appreciated by a wide audience. It’s like weaving a tapestry, where each thread of data is carefully selected and positioned to create a beautiful and meaningful image.
The Power of Storytelling
Human beings are naturally drawn to stories. Whether it’s a gripping novel, a captivating film, or a heartwarming anecdote, stories have the power to engage, inspire, and persuade. By applying storytelling techniques to data, we can make complex information more accessible, relatable, and impactful.
Key Elements of Data Storytelling
To create a compelling data story, you need to consider the following elements:
1. A Clear Narrative: Your story should have a clear beginning, middle, and end. Start by identifying the main message you want to convey and then build your narrative around it.
2. Engaging Visualizations: Use visualizations like charts, graphs, and maps to bring your data to life. Choose visualizations that are easy to understand and that effectively communicate your message.
3. A Compelling Storyline: Your story should have a strong storyline that keeps your audience engaged. Use storytelling techniques like suspense, humor, and emotion to make your narrative more interesting.
4. Relevant Context: Provide context to help your audience understand the significance of your data. Explain what the data means and why it matters.
5. A Strong Call to Action: End your story with a clear call to action. Encourage your audience to take a specific action based on the insights you’ve shared.
Data Storytelling Techniques
Here are some techniques you can use to enhance your data storytelling:
Use analogies and metaphors: Compare your data to familiar objects or concepts to make it more relatable. For example, you could describe a sales trend as a roller coaster ride.
Tell personal stories: Share personal anecdotes or stories that illustrate the impact of your data. This can help your audience connect with the information on a deeper level.
Use humor: A little humor can go a long way in making your data story more engaging. Try to find ways to inject humor into your narrative.
Create suspense: Build suspense by gradually revealing the key points of your story. This can keep your audience on the edge of their seats.
Use emotion: Appeal to your audience’s emotions to make your story more memorable. For example, you could share a story about how your data has helped to improve people’s lives.
Examples of Data Storytelling
Here are a few examples of how data storytelling can be used in various fields:
Business: A company could use data storytelling to demonstrate the effectiveness of a new marketing campaign. They could create a visual presentation that shows how the campaign increased sales and brand awareness.
Healthcare: A healthcare organization could use data storytelling to raise awareness about a particular health issue. They could create a video that tells the story of a patient who has been affected by the condition.
Education: A teacher could use data storytelling to engage students in learning. They could create a game that allows students to explore data and discover interesting patterns.
Government: A government agency could use data storytelling to communicate important information to the public. They could create a website that uses interactive visualizations to explain complex policies.
Conclusion
Data storytelling is a powerful tool that can help you communicate complex information in a clear, engaging, and impactful way. By following the tips and techniques outlined in this article, you can create data stories that will resonate with your audience and inspire them to take action.
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Microsoft Power Bi Service 1. Connect to Your Data Imagine your data as a treasure trove, filled with insights waiting to be discovered. But without a key, it’s just a locked chest. That’s where Power BI comes in. It’s the key that unlocks your data’s potential, allowing you to explore, analyze, and visualize it in ways you never thought possible. The first step in your data adventure is to connect Power BI to your data sources. Think of it like connecting your phone to your favorite music streaming app. You need to establish a connection to access the content. Power BI can connect to…
Microsoft Power Bi Consulting Services 1. The Power of DAX: The Language of Data Analysts Have you ever felt like your data was a stubborn dance partner, refusing to move to your tune? Fear not, for there’s a magical language that can make your data dance to your every command: DAX. DAX, or Data Analysis Expressions, is the secret sauce that transforms raw data into insightful visualizations. It’s a language that allows you to create custom calculations, from simple sums and averages to complex statistical analyses. Let’s dive into some DAX magic: Microsoft BI Consulting Services Power BI Consultants & Experts Creating Measures: Measures are…
Gartner Magic Quadrant Bi Number 1: Tableau Tableau, the reigning champion of Gartner’s BI Magic Quadrant, has consistently wowed us with its intuitive interface and powerful data visualization capabilities. It’s like having a personal data magician at your fingertips, transforming raw numbers into captivating stories that anyone can understand. A User-Friendly Interface One of Tableau’s greatest strengths is its user-friendly interface. Even if you’re not a data whiz, you can drag and drop data fields to create stunning visualizations in a matter of minutes. It’s like playing a fun game, but with real-world implications. Gartner's Magic Quadrant Power BIPowerful Data Visualization Tableau offers a…
Ibm Cognos Analytics On Cloud 1. Simple and User-Friendly Interface Imagine a world where data doesn’t feel like a daunting mountain to climb. A world where insights are as easy to grasp as a favorite book. That’s the promise of IBM Cognos Analytics on Cloud. With its intuitive interface, even the most data-averse among us can navigate the labyrinth of information and emerge with valuable discoveries. A Familiar Face Think of Cognos Analytics as an old friend, always ready to lend a helping hand. The interface is designed with a familiar, drag-and-drop approach that feels almost second nature. No need to memorize complex formulas or…
Top Business Intelligence Software Example: If your list includes: 1. Microsoft Power BI 2. Tableau 3. Google Analytics … then I would write a 1000-word article about Microsoft Power BI. Once you provide the first item, I can start crafting your article. However, I can provide a general outline to give you an idea of the structure and tone: The Top Business Intelligence (BI) Tools Expert Insights Potential Structure: H2: Power BI: Your Data’s Best Friend Introduction: Hook: A relatable business challenge that Power BI can solve. Brief overview of data overload and the importance of visualization. Introduce Power BI as a game-changer. Power…
Erp And Bi 1. Enhanced Decision Making In the bustling world of business, where data reigns supreme, making informed decisions is the cornerstone of success. This is where the dynamic duo of Enterprise Resource Planning (ERP) and Business Intelligence (BI) come into play. Together, they form a powerful synergy that empowers organizations to transform raw data into actionable insights, leading to more strategic and effective decision-making. ERP as the Backbone Think of ERP as the backbone of your business operations. It’s a comprehensive system that integrates various aspects of your enterprise, including finance, human resources, supply chain, and customer relationship management. ERP systems…
Business Intelligence Reporting Tools Google Data Studio, a free web-based business intelligence tool, is a game-changer for those looking to transform raw data into actionable insights. As part of the Google Marketing Platform, Data Studio seamlessly integrates with other Google tools like Google Analytics, Google Ads, and Google Sheets, making it a powerhouse for marketers and analysts alike. Why Choose Data Studio? Intuitive Interface: Data Studio’s drag-and-drop interface makes it easy for anyone, regardless of technical expertise, to create visually appealing and informative reports. Robust Connectivity: With its deep integration with Google Analytics, Data Studio provides a wealth of data on website traffic, user…
Unlock Insights With Top Business Intelligence Software Once you share the list, I can craft a compelling article around the first item, aligning it with the theme “Crack the code to your business with top-notch data tools”. Potential Article Structure (Based on General Data Tool Themes) While I await your list, here’s a potential structure for an article based on common data tool categories. This can be adjusted to fit the specific tool you have in mind. H2: Unleash Your Inner Data Wizard with Data Visualization Tools How Power BI Helps Your Organization Achieve Greater Data InsightsImagine your business data as a sprawling, tangled jungle. You know…
Which Software Makes Your Business Data Look Awesome? To create a comprehensive and informative article, I’ll need the actual list you’re referring to. Once you provide the list, I can craft a 1000-word article focused on the first item, incorporating the theme “Which software makes your business data look awesome?” and adhering to the specified style and tone. Here’s a general outline of what the article could potentially cover, based on common data visualization software: If the list item is a specific software (e.g., Tableau, Power BI, Looker): How to Choose the Best BI Tool - EffectiveSoft H2: Unlocking the Beauty of Your Business Data with [Software Name]…
Power Bi As A Service 1. Connect to Your Data Imagine your data as a treasure trove, brimming with insights and stories waiting to be discovered. But like any hidden gem, it needs a key to unlock its potential. That key is Power BI. Connecting to your data in Power BI is like finding the perfect match for your puzzle pieces. It’s the first step in the journey to transform raw numbers into actionable insights. Let’s dive into how to make this connection happen. Understanding Your Data Source Comparing Power BI Desktop and the Power BI service - Power BIBefore you can connect, you need…
