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These are the user uploaded subtitles that are being translated: 1 00:00:00,000 --> 00:00:02,000 Instructor: So at this point, you may be asking yourself, 2 00:00:02,000 --> 00:00:05,000 well, what exactly is Power BI? 3 00:00:05,000 --> 00:00:07,000 Well, according to Microsoft, Power BI is a self-service 4 00:00:07,000 --> 00:00:09,000 business intelligence platform 5 00:00:09,000 --> 00:00:12,000 which includes both desktop and web-based applications 6 00:00:12,000 --> 00:00:16,000 for connecting, modeling, and visualizing data. 7 00:00:16,000 --> 00:00:17,000 If you want the whole sales pitch 8 00:00:17,000 --> 00:00:20,000 you can head to powerbi.microsoft.com. 9 00:00:20,000 --> 00:00:22,000 But what I wanna show you here 10 00:00:22,000 --> 00:00:25,000 is something called the Gartner Magic Quadrant 11 00:00:25,000 --> 00:00:28,000 for analytics and business intelligence platforms. 12 00:00:28,000 --> 00:00:30,000 If you're not familiar with Gartner, 13 00:00:30,000 --> 00:00:31,000 they're a market intelligence company 14 00:00:31,000 --> 00:00:34,000 that produces these competitive analyses 15 00:00:34,000 --> 00:00:35,000 in these magic quadrants 16 00:00:35,000 --> 00:00:38,000 for all sorts of different industries and fields 17 00:00:38,000 --> 00:00:39,000 every single year. 18 00:00:39,000 --> 00:00:43,000 This one's updated as of January, 2023. 19 00:00:43,000 --> 00:00:44,000 And what we're basically looking at 20 00:00:44,000 --> 00:00:48,000 is a competitive landscape showing completeness of vision 21 00:00:48,000 --> 00:00:52,000 on the X-axis and ability to execute on the Y. 22 00:00:52,000 --> 00:00:55,000 And this basically creates four different quadrants. 23 00:00:55,000 --> 00:00:58,000 You've got niche players here in the lower left 24 00:00:58,000 --> 00:01:00,000 who may be just starting out. 25 00:01:00,000 --> 00:01:02,000 You've got challengers in the top left 26 00:01:02,000 --> 00:01:04,000 who have a high ability to execute 27 00:01:04,000 --> 00:01:06,000 but maybe a less complete vision. 28 00:01:06,000 --> 00:01:08,000 You've got visionaries in the lower right. 29 00:01:08,000 --> 00:01:11,000 And then finally, where you wanna be is the leader quadrant 30 00:01:11,000 --> 00:01:14,000 the magic quadrant in the top right. 31 00:01:14,000 --> 00:01:16,000 And this is exactly where we see Microsoft 32 00:01:16,000 --> 00:01:20,000 largely due to the work that they're doing in Power BI. 33 00:01:20,000 --> 00:01:22,000 And to see them pulling away from the pack here 34 00:01:22,000 --> 00:01:23,000 is very impressive, 35 00:01:23,000 --> 00:01:27,000 especially seeing some of these heavy hitters like Tableau, 36 00:01:27,000 --> 00:01:30,000 Qlik, Google, AWS, Domo, and more. 37 00:01:30,000 --> 00:01:34,000 So, needless to say, this is a very, very exciting time 38 00:01:34,000 --> 00:01:36,000 to be learning Power BI. 39 00:01:36,000 --> 00:01:37,000 Now let's take a minute and talk about 40 00:01:37,000 --> 00:01:40,000 why Power BI is so powerful. 41 00:01:40,000 --> 00:01:44,000 First up, it lets you connect, transform, and load 42 00:01:44,000 --> 00:01:48,000 huge, huge volumes of data, and you can access that data 43 00:01:48,000 --> 00:01:51,000 from virtually anywhere from databases, flat files, 44 00:01:51,000 --> 00:01:55,000 web sources, cloud services, folders, et cetera, 45 00:01:55,000 --> 00:01:58,000 and you can create fully automated ETL workflows 46 00:01:58,000 --> 00:02:01,000 to extract, transform, and load that data 47 00:02:01,000 --> 00:02:03,000 for further analysis. 48 00:02:03,000 --> 00:02:05,000 Next, you can build relational models 49 00:02:05,000 --> 00:02:07,000 directly inside of Power BI 50 00:02:07,000 --> 00:02:10,000 to blend data from multiple sources. 51 00:02:10,000 --> 00:02:12,000 This is an incredibly powerful skillset 52 00:02:12,000 --> 00:02:16,000 for anyone working in an analytics or data science role 53 00:02:16,000 --> 00:02:18,000 because you can create table relationships 54 00:02:18,000 --> 00:02:21,000 that allow you to analyze holistic performance 55 00:02:21,000 --> 00:02:24,000 across an entire relational data model. 56 00:02:24,000 --> 00:02:26,000 And that's exactly what we're gonna practice building 57 00:02:26,000 --> 00:02:28,000 in this course. 58 00:02:28,000 --> 00:02:31,000 You can also define complex calculations 59 00:02:31,000 --> 00:02:33,000 using the DAX formula language, 60 00:02:33,000 --> 00:02:35,000 those data analysis expressions. 61 00:02:35,000 --> 00:02:38,000 We're gonna use DAX to enhance our data sets 62 00:02:38,000 --> 00:02:40,000 and enable some really interesting 63 00:02:40,000 --> 00:02:43,000 advanced analytics capabilities. 64 00:02:43,000 --> 00:02:44,000 And like we talked about, 65 00:02:44,000 --> 00:02:46,000 Power BI lets you bring your data to life 66 00:02:46,000 --> 00:02:50,000 and build interactive reports and dashboards. 67 00:02:50,000 --> 00:02:51,000 With Power BI Desktop 68 00:02:51,000 --> 00:02:53,000 you can truly build professional quality 69 00:02:53,000 --> 00:02:56,000 enterprise-grade reports and dashboards. 70 00:02:56,000 --> 00:02:58,000 Last but not least, when you learn Power BI 71 00:02:58,000 --> 00:03:02,000 you're developing a versatile in-demand skillset. 72 00:03:02,000 --> 00:03:05,000 Like we just talked about, Power BI is the industry leader 73 00:03:05,000 --> 00:03:08,000 in self-service BI, and the skills that you develop 74 00:03:08,000 --> 00:03:12,000 in this course, data prep, data modeling, data analysis, 75 00:03:12,000 --> 00:03:16,000 and data visualization will be extremely transferrable 76 00:03:16,000 --> 00:03:18,000 and valuable throughout your career. 77 00:03:18,000 --> 00:03:21,000 Now, last but not least, I wanna take just a minute 78 00:03:21,000 --> 00:03:25,000 and draw some comparisons between Excel and Power BI. 79 00:03:25,000 --> 00:03:28,000 So what we're gonna do here is look at this Venn diagram 80 00:03:28,000 --> 00:03:31,000 where we have some Excel specific features on the left, 81 00:03:31,000 --> 00:03:34,000 things like spreadsheets, pivot tables, cell formulas, 82 00:03:34,000 --> 00:03:37,000 things that are uniquely Excel 83 00:03:37,000 --> 00:03:39,000 and then we have some Power BI features here on the right 84 00:03:39,000 --> 00:03:42,000 things that are uniquely Power BI like the report View, 85 00:03:42,000 --> 00:03:45,000 custom visuals, interactive dashboards, 86 00:03:45,000 --> 00:03:46,000 and Power BI service. 87 00:03:46,000 --> 00:03:50,000 But where I wanna really focus on is the intersection. 88 00:03:50,000 --> 00:03:54,000 This is where you'll find some of the most powerful tools 89 00:03:54,000 --> 00:03:57,000 that are actually common to both platforms. 90 00:03:57,000 --> 00:04:00,000 Power Query, the Data Model, and DAX 91 00:04:00,000 --> 00:04:03,000 because what many people don't realize 92 00:04:03,000 --> 00:04:05,000 is that Excel and Power BI are built 93 00:04:05,000 --> 00:04:09,000 on top of the same exact analytics engines. 94 00:04:09,000 --> 00:04:10,000 The difference is that Power BI 95 00:04:10,000 --> 00:04:12,000 takes those same data transformation 96 00:04:12,000 --> 00:04:17,000 and modeling capabilities and it adds powerful visualization 97 00:04:17,000 --> 00:04:20,000 and publishing tools on top of them. 98 00:04:20,000 --> 00:04:22,000 So what that means is that when you're learning Power Query 99 00:04:22,000 --> 00:04:26,000 and Power Pivot DAX in Excel, you're also learning Power BI 100 00:04:26,000 --> 00:04:29,000 at the same time and vice versa. 101 00:04:29,000 --> 00:04:31,000 And the beauty is that this makes the learning curve 102 00:04:31,000 --> 00:04:35,000 for Power BI very smooth for existing Excel users 103 00:04:35,000 --> 00:04:37,000 and it makes the transition very easy. 104 00:04:37,000 --> 00:04:39,000 In fact, later in the course, we're gonna talk about 105 00:04:39,000 --> 00:04:41,000 how you can import an entire data model 106 00:04:41,000 --> 00:04:45,000 that you've built in Excel directly into Power BI Desktop. 107 00:04:45,000 --> 00:04:49,000 So there's your quick introduction to Power BI Desktop. 108 00:04:49,000 --> 00:04:51,000 Let's talk about how to actually download 109 00:04:51,000 --> 00:04:54,000 and install the program so that we can get up and running. 8884

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