The Benefits of Establishing a Centre of Excellence (COE) for Data Analytics in FSIs

Establishing a Centre of Excellence (COE) for data analytics can bring numerous benefits to FSIs. By leveraging cloud data technologies such as Azure and Power BI, FSIs can establish a COE that is scalable, flexible, and cost-effective. 

Azure is a cloud computing platform that provides numerous services such as data storage, data processing, and data analytics. With Azure, FSIs can process large volumes of data and support new data sources, allowing for scalability to meet changing business needs. 

Power BI, on the other hand, is a powerful data visualisation and analytics tool that enables FSIs to gain insights into their data. It provides interactive visualisations that help identify patterns, trends, and insights, making it easier to make data-driven decisions. 

By establishing a COE for data analytics with Azure and Power BI, FSIs can maximise the value of their data assets and make data-driven decisions that drive innovation and growth. With expertise in cloud computing and Azure can assist FSIs in designing an Azure-based infrastructure that meets their changing business demands. 

This can be achieved through: 

  • Scalability: Azure’s scalability and flexibility allow FSIs to meet changing business needs. By leveraging our expertise in cloud computing and Azure, we can help FSIs design an Azure-based infrastructure that meets these demands.


  • Cost-Effectiveness: By migrating to Azure and taking advantage of its pay-as-you-go model, FSIs can reduce the costs associated with maintaining on-premises data infrastructure. Our team can help FSIs migrate to Azure and reduce upfront costs by only paying for the resources they use.

Migrating to Power BI 

If FSIs are already considering adopting Power BI, there are several factors they need to consider. Firstly, they need to evaluate their current data sources, data modelling processes, data transformation processes, and data governance policies. This will help them identify any gaps or challenges that need to be addressed before migrating to Power BI. Secondly, it is essential to provide adequate training to users who will be working with Power BI to ensure that they can effectively utilise its features and functionalities.  

Migrating to Power BI is a complex process that often require expert guidance to ensure a smooth and successful implementation. Our team has extensive experience in end-to-end migration to Power BI, from evaluating the current infrastructure to providing training and support. We can help FSIs assess their readiness for adoption, develop a migration strategy, implement the migration plan, and provide ongoing support to ensure a successful transition. 

Adopting Power BI can bring significant benefits to FSIs, including improved data visualisation, data-driven decision-making, and enhanced collaboration. By leveraging our expertise in data analytics and Power BI, we can help FSIs evaluate their readiness for adoption and ensure a smooth and successful implementation.

Want to talk to experts in data analytics and migration? Contact Agile Analytics by filling in this contact form.   

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