Is Microsoft Fabric the best analytics platform for the era AI?

Is Microsoft Fabric the best analytics platform for the era AI?

Prologue

In this article, we will introduce the new Microsoft Fabric solution and what it has to offer.

We will explore the challenges and opportunities that organizations face while navigating the ecosystem of data, analytics, services, tools, and the necessary business outcomes they support. We will also share how Microsoft Fabric is uniquely positioned to support your organization with a simplified, unified, SaaS-based data and analytics solution.

Today’s data and analytics challenges

Businesses today face a variety of data and analytics challenges that can be difficult to navigate.

To put this into perspective, research shows “the amount of data created over the next three years will be more than the data created over the past 30 years.”

Accessing and managing real-time data on the cloud is a top priority for long-term success. Investing in a comprehensive data & analytics platform can address the hurdles encountered in your current data ecosystem.

Top concerns

Scaling data and analytics across the organization while reducing costs and optimizing existing data and management.

Making data more accessible to technical and non-technical users in a governed and secure way.

Growing BI adoption to drive a data-driven organization across LOBs and teams

Breaking down data siloes and eliminating unnecessary data sprawl

What businesses say?

Even though data-informed decision-making, BI adoption, and scale are high priority organizational needs – they are not always met. Here are the most common questions companies have:

How do I unify all our disparate sources of data into one single source of truth?

Business users

How do I improve democratization of data and insights with easy-to-use analytics tools?

Business users

How do I enable faster decision-making with scale, while optimizing governance and cost?

Business users

How to address these challenges?

Creating a unified source of truth ensures organizations are operating in a standardized way – and using the same data across the organization.

Democratization of insights has become an increasingly essential component of decision making. When leveraged correctly, it allows technical – and business – end-users to access, interpret, and use relevant insights for better, more informed decision making.

Every organization is trying to accelerate time to value. A unified source of truth paired with democratized insights enables business end-users to make decisions faster – and with scale. The right solution can also help optimize for governance and costs associated with data and analytics solutions.

Modernizing data & analytics for resilient business transformation

The current state of data, analytics, and business intelligence can be described as being compartmentalized, inaccessible, difficult to draw useful insights from, and costly to oversee.
By using comprehensive data and analytics technology, companies can overcome challenges and gain a competitive advantage:

01

Integrated, unified data & governance

Instead of working with siloed, incomplete data, a single data & analytics platform can help integrate and unify data, resulting in faster time to insights​.

02

Accessible insights

Now, platforms tend to be technical in nature, requiring advanced skills. An easy-to-use data & analytics platform improves accessibility for business end-users, with the ability to scale powerful insights across the organization.

03

Transparent, cost-optimized SaaS solution

With multiple data & analytics platforms in use, it can result in slow and costly integrations and ongoing legacy system maintenance. With a single SaaS-based solution, you can save time and costs through simplified, transparent cost management and spend optimization.​

Introducing Microsoft Fabric

Microsoft Fabric provides a one-stop-shop for data integration, data engineering, real-time analytics, data science, and business intelligence needs without compromising the privacy and security of your data. By joining top companies using Microsoft Fabric, you will enable teams to experience an end-to-end, highly integrated, single solution that is easy to understand, onboard, create, and operate.

With this solution you will no longer have to stitch together multiple data, analytics, and BI solutions to get the business answers you need. With this unified SaaS solution, you’ll have a single source of truth for all your data and analytics, enabling secure, democratized insights. By leveraging this powerful open and scalable solution, you’ll accelerate time to value through cost management, spend optimization––making the most of your data investment.

Microsoft Fabric enables you to manage your data in one place with a suite of analytics experiences that work together seamlessly, including: 

SaaS product experience

Security and governance

Compute and storage

Business model

Microsoft Fabric combines Data Factory, Synapse Analytics, Data Explorer, and Power BI into a single, unified experience, on the cloud. The open and governed data lakehouse foundation is a cost-effective and performance-optimized fabric for business intelligence, machine learning, and AI workloads at any scale. It is the foundation for migrating and modernizing existing analytics solutions, whether this be data appliances or traditional data warehouses.

Microsoft Fabric’s SaaS environment makes it easier to deploy an entire end-to-end analytics engine from the ground up at an accelerated pace. With the solution’s built-in security and governance capabilities, you can be rest assured your data and insights are protected.

Microsoft Fabric capabilities

Lake-centric and open

Establishing a unified, governed source of truth in a simplified, SaaS-based experience so that teams will be better aligned.

Center of enablement for every user

Enabling secure democratization of analytics across your organization.

Accelerated time to value

Maximizing and accelerating time to value with a flexible and open, scalable analytics solution when it comes to both cost and usage.

Lake-centric and open

Microsoft Fabric simplifies the process of securely and responsibly discovering and analyzing reliable data from diverse sources into a centralized, governed hub that teams can access.

In leveraging accurate, trusted, and real-time data, teams can deliver more powerful insights by connecting disparate data sources together in OneLake. No matter what engine or artifact you use, everyone contributes to building the same lake. With contributing to the same data lake, it’s easy to enable domains of the organization to take ownership of their data.

On top of this, consolidation of data and analytics capabilities promotes better collaboration and coordination between teams and enables a “single pane of glass” view across your organization.

Plus, all of this can be done with eliminating the integration tax and keeping your data protected with out-of-the-box security, compliance, and governance.

Center of enablement for every user

Secure, democratized insights pairs nicely with the  Microsoft Fabric’s unified source of truth. By having a secure democratization of analytics at your fingertips, you equip everyone with easy access to analytics artifacts and services that may have previously existed in silos to derive and distribute useful insights.

This empowers everyone to uncover insights through a data-backed, decision-making process.  Self-service, low-code BI and visualization tools, as well as industry-leading accessibility features, make this possible.

Teams can share insights seamlessly by incorporating compelling, interactive visuals into the productivity and business applications your organization uses. From turning Microsoft 365 into a BI hub to embedding Power BI reports into custom applications, increase analytical agility by using what’s best for your organization. Then, easily share insights securely with internal and external audiences.

Accelerated time to value

Unlike many other solutions in today’s market, Microsoft Fabric offers a flexible pricing model based on usage that enables end-users to do more with less, even as you scale and grow your business, essentially accelerating the time to value.

Organizations that adopt this Microsoft Fabric will benefit from having simplified and transparent cost management by paying for one solution with one bill.

Microsoft Fabric also offers seamless sign-up and onboarding which will help drive adoption. Organizations will also be able to make the most of this investment because they will have one platform that can connect and analyze previously siloed or inaccessible data, including partner and third-party data sources/solutions.

Value you can expect

With the disruption of the past few years, there is no secret that technology is a way of future-proofing for tomorrow. To remain resilient, organizations require trusted security and the ability to be agile, especially in today’s rapidly changing climate.
 
The new Microsoft Fabric solution combines Microsoft Fabric with the power of large language models to help accelerate your organization’s productivity. All of this is done without sacrificing security, as your data is stored encrypted on the cloud – and is not used to train the foundational AI models.

Microsoft Fabric is infused at every layer with experiences designed to help users get more done and unlock the full potential of their data. With Copilot in Fabric in every data experience, users can use conversational language to create dataflows and data pipelines, generate code and entire functions, build machine learning models, or visualize results with stunning Power BI reports at the speed of thought.   

For example, when connecting to data, Copilot can turn words into dataflows and data pipelines to help users integrate data from anywhere. For users writing code, Copilot can automatically suggest code and entire functions in real-time in their editor. When creating machine learning models, Copilot can act as a guide to maximize the insights unlocked from data. And with Copilot in Power BI, users can simply describe the visuals and insights they’re looking for and Copilot will do the rest. Users can create and tailor reports in seconds, generate and edit DAX calculations, create narrative summaries, and ask questions about their data, all in conversational language.

Customers can even create their own conversational language experiences that combine Azure Open AI models and their data and publish them as plug-ins. But for all these AI-powered experiences, our customer’s data always remains their data—it will never be used by Microsoft without consent.

Integration

Turn your words into dataflows and data pipelines so you can intelligently integrate data from anywhere.

Efficiency

Get suggestions for code and entire functions in real-time.

Machine learning

A guided machine learning model creation experience to unlock more insights in your data.

Reporting

Create and tailor Power BI reports in seconds, generate DAX calculations, create narrative summaries, and ask questions about your data.

Open AI experience

Even create your own conversational experiences that combine Azure Open AI models and your organization’s data and publish as plug-ins.

Data privacy

Most importantly, Microsoft Cloud runs on trust which means your data always remains your data.

Summary

Many businesses are being tasked with making the most out of limited resources. In other words – do more with less.

Microsoft Fabric empowers customers to maximize the value of your technology investments by generating economies of scale through:

Flexible, transparent pricing model – Help understand how much you are actually spending through a single bill and the flexibility to adjust resources.

Ease of deployment and management – Spend less time trying to understand, implement, maintain, and govern the entire estate because of the SaaS-powered solution.

Secure, self-service data and analytics – Quickly spin up data-backed insights powered by machine learning and artificial intelligence, and access analytics capabilities through secure, easy-to-use sharing across every team and user across your organization.