Skip to content 
Success Story
Improved Data Visualization with Power BI for Quick Decision Making
Impact
0%
increase in decision making agility, making it easier to turn insights into action
0%
Efficiency gains compared to manual data update and comparison in traditional PPT and XLS formats
DOWNLOAD:
Client
A global energy company
Products
Data Visualization using Power BI
Industries
Energy
target geo
Global
business objective
- The client wants to streamline the collection, analysis, and reporting of some of its key financial and operational KPIs to improve operational efficiency and resource optimization.
- They also want to compare these indicators with those of their competitors on a regular basis to gain insight into their performance in relation to their peers.
- The client also wants to track some industry metrics on a regular basis to stay current with market developments and potential investment opportunities.
Our solution
- The Cognition team created a Power BI dashboard that exhibits the client’s performance indicators alongside its competitors in a visually appealing format, allowing the stakeholders to compare the KPIs effectively.
- The team worked with the client to finalize multiple operational and financial KPIs that they should track and compare against their competitors.
- The team also advised upon the industry metrics that would appear on the dashboard. Finalized industry metrics include energy production levels, energy consumption by sector, installed renewable energy capacity, energy intensity, investment in energy infrastructure projects, energy prices, etc.
- The dashboard gets updated every quarter – the process is partially automated by fetching data from sources that allow API and web scrapping to limit manual intervention. The team has also implemented drill-down functionality to the dashboard, allowing stakeholders to explore KPIs at different level of granularity, from high level summaries to detailed breakdown.
We also leverage predictive analytics in Power BI to project future trends based on historical data, allowing the client stakeholders to anticipate market developments.
Outcome
- Decision making agility increased by ~30%, making it easier to turn insights into action
- Efficiency gains of more than 20% compared to manual data update and comparison in traditional PPT and XLS formats
Related Stories
Ready to Explore How Cognition Can Grow Your Business?
