Microsoft Fabric: addressing data analytics challenges

2024 11 14 · 5 min read

Does your organisation handle a lot of data? Is it easy to turn that data into actionable business decisions? Are you still collecting and analysing data manually? 

A report by a data management company Talend, reveals that 78% of executives struggle with data-driven decision-making, often due to poor data quality and accuracy. To overcome this, organisations can leverage powerful data analytics tools like Microsoft Fabric. 

Read our blog post to learn what Microsoft Fabric is and how it can help solve key data management challenges.

Why is it challenging to make the most of your data? 

Organisations focused on growth and efficiency are constantly searching for ways to maximise their data’s potential for smarter, more accurate business decisions. Data analytics and artificial intelligence (AI) are now crucial tools, enabling organisations to not only gain insights into their current position but also to strategise for future success. According to a Gartner survey on data analytics in organisations, 61% of companies are developing a data analytics operating model to leverage opportunities from AI. 

To fully harness AI’s potential, the first step is effective data preparation. This ensures that your data meets quality standards, enabling algorithms to perform precise analyses. In other words, you have to use “good data”, meaning accurate and reliable data, to inform business decisions with maximum impact. 

Key qualities of “good data”: 

  • Accuracy: data is correct and reflects real meanings; 
  • Integrity: data should be consistent and not contain contradictions; 
  • Completeness: all necessary information is present for a comprehensive assessment; 
  • Reliability: data is trustworthy; 
  • Relevance: data is pertinent for specific analyses and decision-making. 

Organisations often encounter issues when the same data is stored across multiple sources. This makes it unclear which source is accurate and leads to errors and unreliable insights. While many data analytics solutions aim to improve data quality, they often address only part of the data management challenge. Microsoft Fabric, however, provides a comprehensive platform for managing and resolving data quality issues. 

What is Microsoft Fabric? 

Microsoft Fabric is a powerful platform designed to help organisations tackle complex data management and analytics challenges. It offers a unified infrastructure for integrating, analysing, and leveraging data to support informed decision-making. Operating in the Azure cloud as a SaaS solution, Microsoft Fabric combines all essential analytics functions into one platform, allowing users to manage and analyse data without complicated setups or significant upfront investments. 

Key components of Microsoft Fabric: 

  • OneLake: a centralised data storage solution that keeps all organisational data in one place; 
  • Data Factory: a tool for seamlessly connecting external data sources and integrating them into a unified system; 
  • Data Warehouse: optimised data warehouse designed for efficient data analysis; 
  • Real-time Intelligence: it provides real-time insights, allowing organisations to make decisions based on up-to-the-minute information; 
  • Data Science: tools for advanced tasks like prediction and modelling; 
  • Data Engineering: tools to design and optimise data processing workflows; 
  • Power BI: comprehensive visualisation tools for creating customised reports and interactive data visualisations; 

This platform not only connects various data sources but also ensures that data analysis is accurate and reliable. Microsoft Fabric is ideal for companies aiming to improve their decision-making process, enabling them to efficiently manage and analyse large data streams. Our data analytics experts see Microsoft Fabric as a cost-effective solution that easily scales as business needs grow.

3 steps to using Microsoft Fabric effectively 

To unlock the full potential of your data and benefit from advanced analytics, we recommend following these three essential steps with the Microsoft Fabric platform. This approach helps organisations manage data efficiently and make well-informed decisions using modern analytics tools. 

Try Power BI 

The first step is to use Power BI, a tool integrated into Microsoft Fabric. It lets you create clear and easy-to-understand reports for both data experts and business users. Microsoft Fabric also allows you to customise your data analytics workflows to meet your organisation’s specific needs. This makes it simple for everyone to access accurate insights and make informed decisions. 

Create a single source of data 

It is important to create a unified data source that includes all relevant data to unlock the full potential of modern data analytics. Microsoft Fabric’s OneLake service allows you to build a data lake where all your organisation’s data is stored. It prevents data duplication and relocation, while automatic indexing makes sharing, searching, and managing data easy. This ensures that users can quickly access the information they need. 

Harness the power of AI 

AI can deliver its full benefits only when you have reliable, high-quality data. Once you have good data, you can start using Microsoft Fabric’s built-in Copilot solution and custom machine learning models. This will help drive innovation within your organisation, improve efficiency, and support business growth. 

By following these three steps, organisations can optimise data management and lay a strong foundation for modern analytics, leading to better decision-making. Microsoft Fabric provides unique opportunities to unlock the potential of your data. 

The Baltic Amadeus team can help. We assist different organisations to modernise their data analytics with the Microsoft Fabric solution. Our certified specialists are ready to advise you and help you take full advantage of modern analytics. Book your consultation today. 

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