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04.10.2023

Top 5 Reasons to use Microsoft Power Platform for your Business

In today's business world, efficiency is paramount. Microsoft's Power Platform offers low-code tools like Power Apps, Power BI, and more to streamline processes and boost scalability. Learn how these advantages can reshape your business in our blog.
What is Power Platform?
Microsoft Power Platform

In today's fast-paced and ever-changing business landscape, companies constantly look for ways to optimize their processes, reduce costs, and increase efficiency. The Microsoft Power Platform offers a range of solutions that can help businesses achieve these goals.

Power Platform is a suite of low-code tools offered by Microsoft that allow businesses to build custom solutions quickly and easily as per their business models or business requirements. It includes Power Apps, Power Automate, Power BI, Power Pages, and Power Virtual Agents.

In this blog, we will discuss the power platform's key advantages that a business can  use to scale and improve over its current business solution or model.

1. Microsoft Power Platform: Driving Efficiency through Data and Automation
Microsoft Power Platform

One of the key benefits of the power platform is its ability to automate processes and eliminate manual tasks. This automation can significantly improve efficiency and reduce errors, leading to faster and more accurate results. The platform includes several services that make it easy to create custom applications, workflows, and reports, all of which can help streamline processes and improve productivity.

Power Platform offers a range of data visualization tools in Power BI, that allow users to create interactive dashboards and reports to gain insights into their business data.

Power Platform's automation tools, such as Power Automate, allow organizations to automate workflows, freeing up valuable time and resources. From this Business leaders may establish a strong learning culture that retains and develops staff by embracing technologies such as Microsoft Power Platform which empowers the staff. These advantages also address critical issues for Business Decision Makers (BDMs), such as promoting innovation and recruiting and keeping talent.

2. Maximizing Return on Investment with Microsoft Power Platform
Microsoft Power Platform

Another major benefit of the power platform is its return on investment (ROI). By automating processes and improving efficiency, businesses can reduce costs and increase revenue. The platform's low-code approach also makes it easier to develop and deploy applications, reducing the need for 80 expensive development resources. With its ability to integrate with other Microsoft services like SharePoint, Microsoft Teams, Exchange Online, Dynamics 365 and Office 365, the power platform can provide even more value to businesses, making it a wise investment for companies of all sizes. In fact, a recent survey found that organizations using Power Automate were able to reduce their costs by up to 48%.

A recent survey found that a composite organization experiences benefits of $31.08 million over three years versus costs of $5.16 million, adding up to a net present value (NPV) of $25.92 million and an ROI of 502%.

Power Platform can also help organizations increase customer satisfaction. By providing custom apps that meet the unique needs of their customers, organizations can deliver a better experience and improve their customer retention.

3. Scaling Your Business with Microsoft Power Platform
Microsoft Power Platform

The power platform is also highly scalable, making it a suitable solution for businesses of all sizes. With its flexible architecture and the ability to integrate with other Microsoft services, the power platform can accommodate changing business requirements and scale to meet the needs of growing organizations.

Power Platform also offers data analysis and visualization tools that can help organizations gain insights into their business data. These tools are designed to scale, so as your business grows, you can continue to use them to gain valuable insights into your data. For example, Power BI can handle large amounts of data, so you can analyze and visualize your data no matter how much it grows.

Another key benefit of Power Platform is its ability to support custom app development, no matter the size of your organization. The low-code platform makes it easy for even non-developers to create custom apps, so you can meet your specific business needs as you grow.

One of the few examples of Power Apps scalability has been the Heathrow Airport, how they addressed the digital transformation process by enabling front-line staff to use/design applications and solve problems. This revolution began with Samit Saini, who decided to demonstrate what Power Apps could do. Saini's business transformation manager sought a deeper dive into the benefits of Office 365, which led to the discovery of Power Apps. Saini began working on an app that would save security information in dozens of different languages. This information was previously maintained in a book at security checkpoints, and Saini set out to enhance the experience. Because of the popularity of that initial app, there are now hundreds of applications and an established procedure for developing and deploying new apps.

Power Pages have also been showcased in helping businesses scale more effectively by reducing the time and resources required for manual processes, allowing for more efficient management of content and workflows, and enabling customization to meet the needs of specific audiences.

Some of the ways that Power Pages help businesses are mentioned below:

  1. Customization: Power Pages allows for customization of content and design, which can help businesses tailor their pages to meet the needs of specific audiences. This can help businesses reach new markets or expand their customer base.
  2. Collaboration: Power Pages allows for collaborative page building, which can help businesses scale more quickly. Multiple users can work together on a page, allowing for faster creation and deployment of new pages.
  3. Automation: Power Pages can integrate with other Microsoft tools such as Power Automate, allowing for the automation of repetitive tasks such as form submissions or data entry. This can help businesses scale more efficiently by reducing the amount of time and resources required for manual processes.
4. Adapting to Change with Microsoft Power Platform
Microsoft Power Platform

The power platform's adaptability is another key benefit. With its low-code approach, businesses can easily create and modify applications to meet changing requirements. This flexibility makes responding to changing market conditions, customer needs, and business priorities easier. Additionally, the platform's ability to integrate with other Microsoft services means that businesses can easily incorporate new technologies into their workflows as needed.

One of the key benefits of Power Platform is its low-code platform, which makes it easy to develop custom apps and workflows. This can help organizations adapt to change faster, as they can create custom solutions to meet their changing needs. For example, The Total Economic Impact™ Of Power Apps report found that organizations using Power Apps were able to develop custom apps up to 3X faster than traditional app development methods like Waterfall and Agile development. This minimized development time means organizations can adapt to change faster and more efficiently.

According to The Total Economic Impact™ Of Microsoft Power Platform Premium Capabilities by Forrester Sixty-three percent of study respondents believed that premium capabilities, such as premium connectors and Dataverse, made their firms more nimble for system changes, resulting in shorter cycle times for new products and services. When new use cases are deployed, Power Platform premium features enable enterprises to adapt more swiftly to the fast-changing global business environment, from pandemics to supply-chain shocks to changes in consumer behavior.

Power Virtual Agents (PVA) is an excellent example for businesses that can adapt to changes.

Some of the ways that Power Virtual Agents help businesses are mentioned below:

  1. Content Updates: The content and responses provided by PVA can be updated and modified easily using the PVA platform. The platform offers an easy-to-use interface for updating responses, adding new dialogues, and modifying existing ones. This ensures that the PVA can provide accurate and up-to-date information to users.
  2. Natural Language Processing (NLP): PVA uses NLP to understand and interpret user inputs. This allows the PVA to adapt to changes in user language and provide accurate responses. As new words or phrases are introduced, the NLP engine can be updated to recognize them.
  3. Integration with other tools: PVA integrates with Microsoft tools such as Power Automate and Azure Bot Service. This allows for seamless integration of PVA with other workflows and services, which can help adapt to changes in business processes.
  4. Analytics: PVA offers analytics tools that allow you to track user interactions and identify areas for improvement. This can help identify areas where the PVA can be adapted or improved to better meet user needs.

Power Platform integrates with various other tools and systems, making it easy to adapt to changes in your technology stack. For example, you can integrate Power Automate with other business tools, such as Office 365, to automate workflows and improve efficiency. Additionally, you can connect Power BI with other data sources, such as SQL Server and SharePoint, so you can analyze data from all areas of your business.

5. The Power of the Microsoft Power Platform Ecosystem
Microsoft Power Platform

Finally, the power platform benefits from a large and growing ecosystem of partners, developers, and users. This ecosystem provides access to a wealth of knowledge, resources, and support, making it easier for businesses to get the most out of the platform. Additionally, the platform's built-in AI capabilities, such as Microsoft Copilot in Power Automate, Power BI, and Power Apps, enable businesses to easily leverage data and insights to drive better decisions and outcomes.

One of the key benefits of the Power Platform ecosystem is its integration with Microsoft This integration allows organizations to automate workflows and tasks within the Office 365 environment, improving efficiency and reducing manual errors.

Microsoft Power Platform is designed with security in mind, and it offers several features to help ensure the security of data and applications created using the platform. Here are some reasons why Microsoft Power Platform is considered secure:

  1. Data Protection: Microsoft Power Platform provides multiple layers of data protection to ensure that your data is secure. Data is encrypted at rest and in transit, and the platform offers various features for managing data access and permissions, such as Dataverse which uses role-based security to group together a collection of privileges.
  2. Compliance: Microsoft Power Platform is designed to meet various compliance standards, including GDPR, HIPAA, and ISO 27001. The platform also provides features for auditing and monitoring activity to help ensure compliance.
  3. Identity and Access Management: The platform provides strong identity and access management features, such as multi-factor authentication and integration with Azure Active Directory. This helps to ensure that only authorized users have access to your applications and data.
  4. Security Monitoring: Microsoft Power Platform provides several tools for monitoring security, including threat detection, security analytics, and alerts. This allows you to proactively detect and respond to security threats and vulnerabilities.
Conclusion

Microsoft Power Platform offers a dynamic solution for businesses in today's competitive landscape. It drives efficiency through data automation, scalability, and adaptability. Its low-code tools empower organizations to optimize processes, reduce costs, and adapt swiftly to change, all while maintaining robust security measures. With a thriving ecosystem and strong AI capabilities, the Power Platform is a strategic asset for businesses seeking to innovate and succeed in a fast-paced world.

Is your organization exploring Microsoft Power Platform services?

Penthara Technologies offers expert application development services, using the powerful Power Platform to revolutionize and automate crucial business processes across diverse industries. In a remarkably short time, we've harnessed the potential of Power Platform to drive transformative changes for our clients.

We've streamlined HR onboarding, enhancing efficiency and user-friendliness for HR teams and new employees. Additionally, we've optimized asset management using PowerApps, leading to time savings and reduced operational expenses by simplifying asset tracking and resource optimization for businesses.

Additionally, we excelled in integrating Salesforce data seamlessly, enhancing sales processes. These accomplishments highlight our commitment to innovation and the transformative power of Microsoft Power Platform.

Connect with us today to discover how Penthara Technologies can elevate your business with our expert Power Platform development services.

Written By
Aman Bhardwaj
DIGITAL MARKETING ASSOCIATE
peer reviewed By
Jasjit
JAsjit Chopra
chief executive officer
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