Explore the key differences between inmydata and Power BI to make an informed decision for your data analytics needs.
When it comes to operational analytics and day-to-day dashboard needs for key performance metrics, both Power BI and inmydata offer highly functional dashboard designers, delivering a wide range of charts, gauges, maps, filter objects and visualization options.
However, the real difference emerges for strategic users whose data needs evolve daily. inmydata stands out by allowing users to ask questions in natural language, dive deep into data details, and freely explore even the most complex datasets by creating ad-hoc visualizations. The exceptional efficiency of inmydata in summarizing and transforming millions of rows of data enables lightning-fast, on-the-fly visualizations even with the most extensive datasets. Combined with automated insights, this means inmydata efficiently meets the varied and changing data demands of senior management, all without the need for constant IT or data professional support.
The pricing model for Power BI is not simple, and understanding the ultimate cost of any deployment is fraught with difficulty.
Microsoft has recently made changes to the licensing terms for Power BI in conjunction with its Fabric data platform, leading to potential price increases for some users. These alterations aim to integrate the licensing process for Power BI with the broader Fabric data platform. While these changes may not all be negative, certain adjustments could catch some Power BI users off guard. For example, one significant change in Power BI Premium P is the removal of dual-use rights, requiring users to get SQL Server Enterprise licenses for on-premises use. This change could lead to higher costs, with the base subscription starting at $5,000 per month. Another example is the removal of lower-cost options for read-only access, necessitating Power BI Pro licenses for these users.
In contrast, inmydata offers a transparent and structured pricing model, catering to businesses of all sizes. While Power BI may appear more cost-effective for very small enterprises or individual users initially, as operations expand, the expenses associated with Power BI and Fabric escalate significantly. In fact, for medium-sized businesses, the cost of inmydata is approximately 21% of the expense incurred with Power BI/Fabric as the preferred choice.
Data ingestion involves acquiring data from various sources into a central repository for analysis. It can be done through batch processing or scheduled intervals, enabling organizations to derive actionable insights. Extraction transforms raw data into a structured format, ensuring data consistency and quality.
Microsoft Fabric, integrates Power BI, Azure Synapse, and Azure Data Factory to streamline data management effectively. The core of Fabric, "One Lake," serves as a central repository for seamless data access and analysis. While connectors for importing data from cloud sources are easily accessible, the process of ingesting data from on-premise sources necessitates setting up an on-premise gateway and configuring firewall rules to facilitate communication.
inmydata provides a versatile data publishing application that can be set up either on-premise or in the cloud, with built-in connectors for a wide array of data and cloud sources. When configured on-premise, communication is seamlessly conducted through standard web protocols, eliminating the need for any specific firewall exclusions.
Similar to its other products, Microsoft takes a modular approach to analytics. Fabric provides a diverse range of tools that collaborate to form the analytics platform. While this offers exceptional functionality, it requires customers to understand, configure, and manage a broad spectrum of tools. All but the largest enterprises must navigate through this intricate web of configuration choices, product names, and toolsets without direct assistance. It’s a daunting task to take on for the uninitiated, and expensive if the company buys in the expertise.
inmydata on the other hand is a single unified platform, supported by a dedicated team always ready to assist our customers and partners with any challenges they may encounter. We not only provide cutting-edge software but also a steadfast commitment to guiding our customers throughout their data journey, from exploring the potential of their data to designing, implementing, and managing their data solutions seamlessly.
Visit our website to find out more about inmydata. If you're interested in a quick demo, simply submit your email address below and we'll be in touch.