What Is Power Pivot Training And Why Is It Useful?

Introduction to Power Pivot

Power Pivot was at the beginning only an add-on provided with the 2010 and 2013 Excel. It is now fully integrated into the application. Also, it is capable of complex data analytics, thus providing the user with shorter work times. You don’t need exquisite forms of Power Pivot training to use it. This is because it is easy to learn and to understand. This feature of the program offers you the possibility of importing a large number of data. It is from multiple sources at once, building tables and charts. It even offering integrated formulas so you won’t have the need for IT assistance. Using Power Pivot allows you to manipulate the imported data without slowing down your computer as the Basic Excel would do.

What is Power Pivot training?

As the name suggests, it is simply training in being able to use the program with more ease. You can learn how to operate complex tasks. The program has to offer by having an expert mentor. It is to show you how to use it more effectively for data analysis and data management. A useful skill to have with this Power Pivot training is producing and especially automatizing summary reports from large blocks of data only in a matter of seconds. Even small businesses can improve their profit by trying this training. They can have an upper hand on the competition. You will first learn how to build a proper dimensional model, how to write your own custom calculations and even how to build compound reports that are impossible to make without this training.

Who is this Power Pivot training for?

The training in this area focuses on the beginner to the intermediate section of the Power Pivot users; basically for anyone that wants to expand their Excel’s business knowledge and are looking for an advantage that can potentially bring them money for the time saved on using the vanilla Microsoft Excel. Furthermore, Power Pivot training helps you in other Microsoft Office programs. Why is that you may ask? The basic concepts and methods used for working in the Office programs are pretty similar. Thus, learning Power Pivot actually increases your Word, PowerPoint or even Access, where you need to know how to create complex databases for auto-completion purposes.

What is Power Pivot used for?

Power pivot is an Excel add on that can do complex data analysis. It includes tools for creating reports, analyzing the data in tables and graphs, forecasting trends overtime periods of your choice, generating forecasts based on assumptions about future values or past values. Power Pivot also helps you create scenarios to analyze how changes in one variable affect other variables in a model.
Power Pivot has been used by organizations like Microsoft Corporation (MSFT), PepsiCo Inc., Procter & Gamble Company (PG) and many others to make better business decisions with more accurate information. Organizations use it mainly for predicting sales figures using sophisticated analytics models which are not possible without this toolkit. It’s available as part of Office Professional Plus 2013 or Office.

What is the advantage of using Power Pivot instead of regular pivot tables?

Power Pivot can handle much larger data sets than regular pivot tables. This makes it a better choice for businesses that want to analyze large amounts of data. If you need to work with large data sets, then you should consider using Power Pivot. Have you tried using Power Pivot to analyze your business data? If not, give it a try and see how it works for you.

Sources you can import data from

A couple of examples as from where you can import data are Microsoft Azure, SOL Server, Teradata, Facebook, Salesforce, JSON files, Excel workbooks and many more.

Advanced Functions

For these functions, this training is necessary to understand these next tasks as they might be a little more difficult to understand. First, we have the Time Intelligence function that remembers timeframes and compares that to a financial result for example. Another advanced task you can learn via this training is called Mismatched Granularities. For financial analysts, this feature is really important because they can solve inconsistencies quicker and more time efficient. Compression is another useful skill to know when working in Power Pivot. It offers you to compress up to 96% of the unaltered document. For example, if you have a 91 Mb file, after compression this will become 3.7 Mb.

In conclusion, having the knowledge of working in Power Pivot training can save you a lot of time thus resulting in more income for you, only for a small initial investment.