I noticed myself only using PowerBI if the data source doesn't need further massaging. I just add it to a model and I am running. On the other hand, Excel is king if you need to "build" your data. If the requester wants a certain view but gives me data clearer than mud, then Excel it is. I can build and adjust data that I trust, and I can apply changes anytime the requirements change. Sometimes, when the data becomes too big, I might mirror my Excel dashboard in PowerBI. The only thing I really appreciate with PowerBI is that when using the desktop version, the users can actually drill and see records associated to the graph elements. In Excel your users pretty much need to know how to filter the data or calculate the measures themselves to get to the list you are presenting. And if they are not Excel savvy enough, you might be called on to find a way to present the data that represent the graph elements because they "cannot click to see"...
Great to hear you use both Excel and Power BI. Don't forget that Power BI has the same Power Query tools so if your data is messy you can still clean it in Power BI if required.
My thoughts are power bi is more built for corporate individuals who need to see dynamic data without opening a file or reading an email. Excel is more for the lower level deep diving type information where a person is trying to analyze a specific group of people. Both are good and worth learning both given the opportunity. Great vid.
Your 11 min video saved my 8 hrs of learning Power BI, I have already learnt lots on Excel ranging from complex formulae, pivot & dashboards. Learning the same on a different software with much less flexibility and unfamiliarity is only going to be much frustrating, time consuming & less output. I will instead hone my skills on Excel further with VBA. Many thanks.
Just watched the comparison between Power BI and Excel. It saved me many hours of research and helped to make a decision right away regarding which platform to use for my project. great job!
I use both excel and Power BI to create dashboards. However, I am leaning more towards the BI due to visual compared to excel and ability to create your app in BI is a huge plus. Great video and unbiased comparisons
Excellent comparison Mynda! I think you’ve just about nailed it: ultimately, it’s ‘horses for courses’ and it really depends on individual use case and business context. A key word you used was “adhoc” and that really describes the key differential for me: Excel is my daily driver, I’ll use it for quick analysis and tactical solutions. On the other hand, Power BI is the tool I will use to construct firmer, more strategic solutions which have a longer shelf life. From a personal perspective, I like how Power BI tidies my workspace; instead of 6 or 7 spreadsheets my data is consolidated within the engine. Clearly source files are still referenced but these can exist elsewhere and aren’t a distraction. One drawback is probably performance: Excel is rapid whereas Power BI can get a little sluggish. That can be frustrating, but again it’s about aligning the right tool for the right objective. Great vid and thank you so much for making it 😊
Thanks, D L. And thanks for sharing your perspectives on the two tools. There's a lot to be said for a tidy workspace, especially when building reports.
Wow! I had gone through numerous comparisons between Power BI and Excel, but this video has put it succinctly! Thanks for clearing the confusion in such an easy manner and to the point! 😊👍
Very comprehensive video, thanks. The biggest difficulty I've found with power bi is getting people to use it! I wish they'd designed it more tightly with Excel too, with new features released to both at the same time and aligned in terms of presentation and function (slicers especially!). I like the functionality of power pivot for example, but it's ugly and uninviting. In my opinion they should have integrated with power query into a single interface and made it look like the power bi experience. It would reduce the learning curve between the two. Similarly, data connections should be exactly the same whether using bi or Excel, shareable between the two. The only difference should be whether the users choose to use Excel or power bi to present their data. You're right about Excel formulae being more advanced, however without the ability to integrate with data in the data model, they're not that flexible for working with dashboards created using it. I've often found myself creating a convoluted Dax measure that would be extremely simple in Excel just to utilise the slicer.
Thanks, Rico. It's great to hear your perspective and experience. Unfortunately, because Excel is a very established program it is not as easy to update and make changes. Whereas Power BI being completely new from the ground up, is more agile and able to have new features added without breaking existing features more easily, hence why the pace of development in Power BI is rapid compared to Excel. That's not to say they can't implement some of your ideas, but goes to explain why they don't release new features at the same time.
@@MyOnlineTrainingHub agreed. Not that changes to excel aren't happening at a pace too. It'll be interesting to see the direction of travel in the coming months and years.
Very very good! one small remark: True that the visuals in Excel don't interact. But I realy like the fact that if you use multiple slicers for one table to explore the data, these slices do interact. After selecting one or more options from one slicer, you can see which options of the other slicer are available. I heard that this option is quite memory intensive by the way....
Porównanie możliwości i zastosowania Excel i Power Bi bardzo przydatne w podejmowaniu decyzji o wyborze programu do przedstawiania wyników. Dzięki za tak dokładne porównanie.👍
@MyOnlineTrainingHub & @Mynda --- Another awesome video! This is a fair & authoritative review of both the fantastic tools - XL and PBI! Super cool that you were able to give the pros & cons of both systems, and also wear the right T-shirts! Appreciate this! Take care and stay safe!
With work around In excel we can restrict data using VBA or Power Query for users. Ex: Fetch the Employee ID of the user at workbook open event and filter the data. If the data is in sheet it can be very hidden.
Thanks for sharing, Pavan. Those are great ideas, but users need to know that VBA is not super secure and with a quick Google search you'll find a video on how to remove VBA protection.
Excellent comparison. One remark, though : 9:37, Power Pivot in Excel 32bit can also deal with millions of rows, it depends on how you build up your model.
Yes, but I don't recommend 32-bit. I've have endless emails from people complaining that their model is slow/crashing and it's usually because they're using 32-bit.
"Thank you so much, for sharing this concise and informative Power BI video. It has the potential to make a significant impact on both my personal and professional life. I truly appreciate your contribution!"
excelente analisis, soy principiante en ambas soluciones ( Power Bi, y Power Pivot) pero los videos y la forma de explicar hace mucho mas facil poder interactuar con elllo, felicitaciones y saludos desde Chile
The comparison is made only for dashboard and report. Excel is used by many for storing and organising data. So in that sense, I will just go with Excel.
Yes, this was purely comparing the two tools for building Dashboards because essentially that's the purpose of Power BI. Nothing compares to Excel for other uses like storing and organising data, and ad-hoc analysis.
Hello Madam I had this intresting doubt. I am currently working on a transactional data so the data has duplicate records. This time instead of removing the records in power query . I want to see all the duplicate records data of a company in a single row. Example: 1|A 1|B 2|A 1|C 2|B Output: 1|A|B|C 2|A|B.
Excellent work! This resonates with my opinion too. Power BI has a really steep learning curve and the costs for Pro subscription are somewhat prohibitive. My industry (Engineering and Construction Projects) has a bias towards Excel as most professionals already use other software tools for functions such as Project Management or Procurement or F&A etc. and prefer to use Excel to do quick analysis on a data dump. Probably this is just due to the way this Industry works and not a comment on Power BI in the Excel vs. Power BI debate.
Thank you, just got hooked to your channel recently...tons of great stuff there. I have just one remark regarding the consumers of PowerBI dashboard having to have a licence too- I have been told by the IT department at my organization that if the dashboard is published (by a Pro or Premium user) into a workspace created by a Premium user, the clients don't need to have a licence. However, if a Pro user publishes into a workspace created by Pro (for example the My Space of a Pro user), then the end users will need to have a licence to be able to see the dashboard.
What is the roadmap for Excel? I would think that the Excel team different from the PowerBI team and usually Excel would introduce some new features for visualization as they have done in the past.
Yes, the teams are different but they work closely together, especially since both tools use Power Query and Power Pivot. Currently a lot of effort is going into bringing Excel online up to speed and not a lot on chart development.
Very good analysis.Power BI has immense analytical capabilities but the dynamics and the flexibility excel offers will be too much to give up . I am not even talking about pivot table or VBA ,am talking about combining functions and having full determination of the grid . You can visualise multiple sets of analysis on the same graph. Volume remains a limitation ,but that depends on the kind of data one usually deal with .Many people dont require a million rows of data. But your analysis has made me realise i need to explore power BI more .Thanks
Bi is definitely more powerful - easily (that is the advantage - ease). But it fails. It fails because it is not as ubiquitous as Excel being locked into a Microsoft requirement of working in a company or educational setting. For me this is a fatal flaw. Having to have one of those accounts to publish and share your Bi work is non-starter. Excel doesn't have that problem. I can build reports and dashboards and share them without having to be locked into having a company or an educational account.
Very usefull, i recall from last presentation on Power BI the monthly subcribtion costs, at $10 per month, does on at face value appear to be quite high if you have ad hoc users, may access 1 / 2 report dask boards only. Interestig to know what corporate take-up is and if other subcribers to channel, would invest time in learning Power BI, but are not doing so as the licence cost is barrier to adopt and use.
One workaround on this to set up a guest account and give 'report account' credentials to users who need to see the report. Just a M365 account is enough for this, no Power BI pro license. Within your company's tenant even M365 subscription not needed. So there are alternatives:)
Great as usual. But AFAIK to be always up-to-date with excel, a time based subscription of office 365 is required like in power bi, so this extra cost maybe could also be mentioned. Regardless, it guys in my organization claim that both office 365 and power bi are now subscribed through cloud based licensing, which they say isn't secure enough in comparison with licensed hard copies. Thanks again!!
Yes, if you want to always have the latest version then the Office/Microsoft 365 subscription is the best option, but it's not more expensive than buying a perpetual license every 3 years. In fact, it is often cheaper depending on the license you choose. Either way, you've already paid for Excel, so there's no extra cost. As for the cloud based licensing not being secure, I have no idea why they would think this as there's no basis for it. There is absolutely no difference in 'security' with a perpetual license vs the 365 license.
This is not a fair comparison. Since you have mentioned VBA for one area, (refresh), you should include in the comparisons in all the other areas. Excel, coupled with VBA, can probably do everything Power BI can, plus a lot more, though admittedly not as fast. Also powerpivot in excel is not restricted to the 64 bit version. The 32 bit version of Excel also has powerpivot.
"Excel, coupled with VBA, can probably do everything Power BI can, plus a lot more" I disagree and I think you also have doubts given the use of 'probably' in that sentence. Perhaps you don't know Power BI as well as you know VBA. Sure, VBA can do a lot of cool stuff, but it's not the solution to having Power BI functionality in Excel. Power Pivot with 32-bit Excel is not recommended and suffers terribly with performance, even when using relatively small datasets. I don't like to set people up for failure, so better to be up front and make it clear that 64-bit is really the minimum requirement. By all means, use 32-bit if that's all you're allowed to have, but it comes with a warning.
I'm trying to create a plan vs. actual from a Quickbooks Online export of data. I've got the Power Query all set up to eradicate the mess, but can't figure out how to get the plan numbers in there. The exported data is actual transactions. The plan data is independent of it. If I were to add the column during the Power Query set up and manually enter the plan numbers, it would be overwritten the next time I update the file. I'm on a Mac so can't use the Window Folder update method. Is there any other way to get the plan data to play nicely with the transaction data?
Hi Deb, great to hear you're working with Power Query to get your data. You can merge the actual and budget tables together in Power Query: www.myonlinetraininghub.com/excel-power-query-vlookup
I think the reason why people prefer to use Excel because they’re used to it. I prefer Excel with Power Query since I can initiate impromptu checking within the Excel check to test and check the formula.
Hey i want to ask you something right now i am learning ms excel from basic to advanced level and Vba too so I want to know from you that after completing my excel course should i go with power BI or excel till vba is sufficient for me...please reply
After mastering Excel, I would learn Power Query, then Power Pivot, then Power BI. Power Query and Power Pivot are used in both Excel and Power BI, so you get double the use of these tools. Much more worthwhile than learning VBA.
Thanks Mynda for this! It would be good to know which versions of Excel support PowerPivot. I use Excel 2013 and cannot find PowerPivot to enable. However, I have installed PowerQuery. Thanks!
Hi George, this post explains what versions support Power Pivot: support.microsoft.com/en-us/office/where-is-power-pivot-aa64e217-4b6e-410b-8337-20b87e1c2a4b
Thanks for clear explanation. The main issue at moment with my company is pagination vs. dashboards. And as it's quite expensive in the power bi licenses we are sadly still split between BI and SSRS
Wish you would have summed up with a pros cons overall at the end. Too much this feature is in Power BI, but it’s also in Excel…. Doesn’t easily highlight differences
very good thanks but i have some issues about the learning curve for example visuals i feel it is very easy to learn in Power BI, also the data preparation i can get huge value from power BI even though i do not do data preparation in power bi environment like unpivot i can do it in excel for example
Great to hear you find Power BI visuals easy. Excel Pivot charts are easy too...after all, they're based on the same logic as Power BI i.e. a PivotTable. It's just in Power BI you don't see the PivotTable, only the field list and chart areas. The exact same data preparation tools in Power BI are in Excel, so that 'huge value' you talk about is in both tools. That's one of the main points I was trying to emphasize.
Hello, I have query, if possible can you please help me. I have project is converting excel dashboard to Power BI. I stuck in adding time in secondary Y axis. I want time as it is. Whenever i tried adding in the line value, it's converting to count or average etc.. i need no calculation.
I have a Sales table which include sales return, when I calculate total sales value its calculate sales return, but when I calculate Sales without GST that time not calculate properly. What Can I Do?
Hi Mynda!Great Explanation,Most Of My Reporting Lately Is With Power BI Mainly For The Interactive Visuals Clients Seem To Love But I Will Always Use Excel When Ever Possible...Thank You :)
Hi Natasha, Mac OS doesn't support Power BI Desktop. You either need a Windows PC or you can try using Parallels or similar to install Windows on your Mac: www.parallels.com/blogs/how-to-get-windows-10-in-parallels-desktop-13-for-mac/
If possible, could you show a video about how you come up with the WHY. I look for metrics but have difficulty asking the question or explaining what is needed to get the info I want. Just thought you must have the analytical thinking to say "I want to see how much an employee is costing me to do "x"?" How you go about thinking of the charts and comparison to get the result. hopefully I"m making sense. PS...excellent simply to use videos.
Thanks, Brad! There are a fairly standard set of rules for which charts suit what type of data/scenario. I have a chart recipe eBook you can download from here that might help: www.myonlinetraininghub.com/workbook-downloads
Awesome summary I still prefer using pandas to clean and manipulate data however I would really like to then have a this loaded onto power BI for visuals .Thanks for the really smart presentation 👍🏿
Hi Mynda! After watching your great videos I build in Excel a dashboard. I created the data in Query, that results in a table. From the table I created Pivot tables. I have noticed that my pivot tables do not refresh with the most recent data even if I refresh the table, refresh the powerpivot, or refresh all data. I also tried unchecking Enable background refresh and still it does not work. Do you have any idea on how to solve this? Thanks a lot!
Congratulations on building your own dashboard! If your data from Power Query is loaded into an Excel Table in the worksheet and from there you built PivotTables then you need to refresh twice, once for the query to load the data into the Table and a second time to update the PivotTables. It's better to keep the query as connection only and build the PivotTable directly from the query. This resolves the double refresh requirement.
Very good post! :) but just a question, if I am using 64-bit excel for power pivot, can others open/refresh the file even if they only have 32-bit office? Thanks in adv!
Thank you! Others can open and refresh the file if they only have 32-bit but if your model is large then they may have performance issues. It's recommended you have 32-bit Power BI installed. It doesn't really matter if you have 32-bit Office and 64-bit Power BI unless you're using the Excel Power BI tools.
Important to note that IOS excel does NOT support slicers so you can build a great interactive dashboard in Excel using a Windows machine which won’t work on your MacBook or ipad. Happy to stand corrected maybe another video?🙏
:-) for dashboards, Power BI is great. However, the lack of formatting options is super frustrating coming from an Excel background where you can manipulate charts to do almost anything you want. Of course, you can build your own custom visuals with Power BI, but that's a complicated solution to something that should be easy. Of course, Power BI gets updates every month and those niggles will be ironed out over time.
Hello Mindy, I work ad a non-profit organization as a volunteer and i am building a dashboard wat needs to be seen by a number of peaple. I use one vsc file as data source. What us the best way to show this online and be able to update it. Without making it cost a lot. Thank you for this video. Marius. Leergeld.nl
Can I sync and share some kind of Excel dashboard without One drive Bussiness, Share Point (companies have) and Power BI as a personal excel user? I want to share it with just my friend and don't want to use bussiness apps
@@MyOnlineTrainingHub Unfortunatelly I have problems with file size. With some table or database in data modell it is more than 25 MB... How can I solve this?
I don't have a workaround for a file of that size. I suppose because it falls into a 'business' size file you're expected to pay for a business service with OneDrive for Business or similar. I'm not aware of any free service for files of that size that allow sync and sharing.
Hello maam I just started my MBA in Business Intelligence from National Forensic Science University Gandhinagar. My graduation was in LIFE Science ( Microbiology ), please guide me on where to begin ( Like what is the essential tool that I should master that industry needs? ) Thank you For your awesome content :)
I noticed myself only using PowerBI if the data source doesn't need further massaging. I just add it to a model and I am running. On the other hand, Excel is king if you need to "build" your data. If the requester wants a certain view but gives me data clearer than mud, then Excel it is. I can build and adjust data that I trust, and I can apply changes anytime the requirements change. Sometimes, when the data becomes too big, I might mirror my Excel dashboard in PowerBI. The only thing I really appreciate with PowerBI is that when using the desktop version, the users can actually drill and see records associated to the graph elements. In Excel your users pretty much need to know how to filter the data or calculate the measures themselves to get to the list you are presenting. And if they are not Excel savvy enough, you might be called on to find a way to present the data that represent the graph elements because they "cannot click to see"...
Great to hear you use both Excel and Power BI. Don't forget that Power BI has the same Power Query tools so if your data is messy you can still clean it in Power BI if required.
My thoughts are power bi is more built for corporate individuals who need to see dynamic data without opening a file or reading an email. Excel is more for the lower level deep diving type information where a person is trying to analyze a specific group of people. Both are good and worth learning both given the opportunity. Great vid.
Thank you!
Your 11 min video saved my 8 hrs of learning Power BI, I have already learnt lots on Excel ranging from complex formulae, pivot & dashboards. Learning the same on a different software with much less flexibility and unfamiliarity is only going to be much frustrating, time consuming & less output. I will instead hone my skills on Excel further with VBA. Many thanks.
So glad it was helpful 😊
Just watched the comparison between Power BI and Excel. It saved me many hours of research and helped to make a decision right away regarding which platform to use for my project. great job!
So pleased it was helpful, Faisal!
I use both excel and Power BI to create dashboards. However, I am leaning more towards the BI due to visual compared to excel and ability to create your app in BI is a huge plus. Great video and unbiased comparisons
Great to hear, Bongani! Yes, the apps for Power BI are a great feature too.
Excellent comparison Mynda! I think you’ve just about nailed it: ultimately, it’s ‘horses for courses’ and it really depends on individual use case and business context. A key word you used was “adhoc” and that really describes the key differential for me: Excel is my daily driver, I’ll use it for quick analysis and tactical solutions. On the other hand, Power BI is the tool I will use to construct firmer, more strategic solutions which have a longer shelf life.
From a personal perspective, I like how Power BI tidies my workspace; instead of 6 or 7 spreadsheets my data is consolidated within the engine. Clearly source files are still referenced but these can exist elsewhere and aren’t a distraction. One drawback is probably performance: Excel is rapid whereas Power BI can get a little sluggish. That can be frustrating, but again it’s about aligning the right tool for the right objective.
Great vid and thank you so much for making it 😊
Thanks, D L. And thanks for sharing your perspectives on the two tools. There's a lot to be said for a tidy workspace, especially when building reports.
instablaster...
Wow! I had gone through numerous comparisons between Power BI and Excel, but this video has put it succinctly! Thanks for clearing the confusion in such an easy manner and to the point! 😊👍
Glad it was helpful, Vijay!
Very comprehensive video, thanks. The biggest difficulty I've found with power bi is getting people to use it! I wish they'd designed it more tightly with Excel too, with new features released to both at the same time and aligned in terms of presentation and function (slicers especially!). I like the functionality of power pivot for example, but it's ugly and uninviting. In my opinion they should have integrated with power query into a single interface and made it look like the power bi experience. It would reduce the learning curve between the two. Similarly, data connections should be exactly the same whether using bi or Excel, shareable between the two. The only difference should be whether the users choose to use Excel or power bi to present their data. You're right about Excel formulae being more advanced, however without the ability to integrate with data in the data model, they're not that flexible for working with dashboards created using it. I've often found myself creating a convoluted Dax measure that would be extremely simple in Excel just to utilise the slicer.
Thanks, Rico. It's great to hear your perspective and experience. Unfortunately, because Excel is a very established program it is not as easy to update and make changes. Whereas Power BI being completely new from the ground up, is more agile and able to have new features added without breaking existing features more easily, hence why the pace of development in Power BI is rapid compared to Excel. That's not to say they can't implement some of your ideas, but goes to explain why they don't release new features at the same time.
@@MyOnlineTrainingHub agreed. Not that changes to excel aren't happening at a pace too. It'll be interesting to see the direction of travel in the coming months and years.
Great Great Great Presentation. Big Big Big Thanks to Mynda Treacy for this exclusive comparison and super-duper excellent highlights.
So pleased it was helpful, Feroz :-)
Awesome! My manager just approved for me to go ahead with your powerBi course. I am thinking to do it during the Christmas break.
Fabulous! I look forward to teaching you all about Power BI and its wonders :-)
How much is the course for? If like to join too.
@@777you7tube - just Google it. The package price is vary depends on your need.
Very very good! one small remark: True that the visuals in Excel don't interact. But I realy like the fact that if you use multiple slicers for one table to explore the data, these slices do interact. After selecting one or more options from one slicer, you can see which options of the other slicer are available. I heard that this option is quite memory intensive by the way....
Yes, I like this feature too.
You are the master and I send everyone I know with excel questions to your channel.
Wow, thanks so much!
Really good comparison where we actually talk about when and why to use the specific tool needed.
Glad you liked it, Sameer!
Porównanie możliwości i zastosowania Excel i Power Bi bardzo przydatne w podejmowaniu decyzji o wyborze programu do przedstawiania wyników. Dzięki za tak dokładne porównanie.👍
You're welcome 😊
Brilliant and accurate analysis Mynda. Thank you very much for sharing your professional experience.
Glad you enjoyed it, Ivan!
Excel wins for a high number of applications. Most common dashboards it’s much easier and the cost and common knowledge is even more reason.
I'm diving into power bi world and it's amazing
Great to hear. Have fun with it, Pedro!
@MyOnlineTrainingHub & @Mynda --- Another awesome video! This is a fair & authoritative review of both the fantastic tools - XL and PBI! Super cool that you were able to give the pros & cons of both systems, and also wear the right T-shirts! Appreciate this! Take care and stay safe!
Thanks so much, Cherian! Yes, lucky I had both t-shirts :-D
You got me at 0:12 secs....I've never subscribed that fast......Ever....!
Wow! Thanks so much, Victor!
With work around
In excel we can restrict data using VBA or Power Query for users.
Ex: Fetch the Employee ID of the user at workbook open event and filter the data. If the data is in sheet it can be very hidden.
Thanks for sharing, Pavan. Those are great ideas, but users need to know that VBA is not super secure and with a quick Google search you'll find a video on how to remove VBA protection.
@@MyOnlineTrainingHub True that. 👍
The learning curve is really amazing charting. If presentation in form of slides other than video, it would save us more time to read through...
Glad it was helpful :-)
Excellent comparison.
One remark, though : 9:37, Power Pivot in Excel 32bit can also deal with millions of rows, it depends on how you build up your model.
Yes, but I don't recommend 32-bit. I've have endless emails from people complaining that their model is slow/crashing and it's usually because they're using 32-bit.
"Thank you so much, for sharing this concise and informative Power BI video. It has the potential to make a significant impact on both my personal and professional life. I truly appreciate your contribution!"
So pleased it was helpful!
excelente analisis, soy principiante en ambas soluciones ( Power Bi, y Power Pivot) pero los videos y la forma de explicar hace mucho mas facil poder interactuar con elllo, felicitaciones y saludos desde Chile
Gracias, Sergio!
The comparison is made only for dashboard and report. Excel is used by many for storing and organising data. So in that sense, I will just go with Excel.
Yes, this was purely comparing the two tools for building Dashboards because essentially that's the purpose of Power BI. Nothing compares to Excel for other uses like storing and organising data, and ad-hoc analysis.
When it comes to company email and installation need IT department.. which you explained is very helpful.. saved my lot of time... thanks 👍😊
Glad it helped
One important pros for Excel is that you have full access to update the filtered data (i.e. add tags, Bulk update), while Power BI is read only.
Indeed :-)
The personalized visual feature for power bi is making it more flexible for users now.
Thanks for the explanation.
Glad you liked it 😊
Hello Madam I had this intresting doubt.
I am currently working on a transactional data so the data has duplicate records. This time instead of removing the records in power query . I want to see all the duplicate records data of a company in a single row.
Example:
1|A
1|B
2|A
1|C
2|B
Output: 1|A|B|C
2|A|B.
Excellent work! This resonates with my opinion too.
Power BI has a really steep learning curve and the costs for Pro subscription are somewhat prohibitive. My industry (Engineering and Construction Projects) has a bias towards Excel as most professionals already use other software tools for functions such as Project Management or Procurement or F&A etc. and prefer to use Excel to do quick analysis on a data dump. Probably this is just due to the way this Industry works and not a comment on Power BI in the Excel vs. Power BI debate.
Glad it was helpful 🙏
Great! Amazing! Ive been looking for it for months. Thanks a lot Mynda! Success for you, always 🙏
Glad it was helpful, Indry!
Very helpful and concise highlight of each tool’s features. Thank you!
Glad it was helpful!
muy claro y sencillo, por eso veo tus videos Mynda, thanks a lot, nice!
Gracias, Leonidas!
Thank you, just got hooked to your channel recently...tons of great stuff there. I have just one remark regarding the consumers of PowerBI dashboard having to have a licence too- I have been told by the IT department at my organization that if the dashboard is published (by a Pro or Premium user) into a workspace created by a Premium user, the clients don't need to have a licence. However, if a Pro user publishes into a workspace created by Pro (for example the My Space of a Pro user), then the end users will need to have a licence to be able to see the dashboard.
Correct, Premium licencing is different and quite complicated. The point is, it costs $$$ to publish dashboards.
What is the roadmap for Excel? I would think that the Excel team different from the PowerBI team and usually Excel would introduce some new features for visualization as they have done in the past.
Yes, the teams are different but they work closely together, especially since both tools use Power Query and Power Pivot. Currently a lot of effort is going into bringing Excel online up to speed and not a lot on chart development.
If you want interactivity and online sharing -> PowerBI
If you want flexibility, offline access or pdf exports ->Excel
Nice distinction, Federico. You can also export Power BI reports to PDF.
Very good analysis.Power BI has immense analytical capabilities but the dynamics and the flexibility excel offers will be too much to give up . I am not even talking about pivot table or VBA ,am talking about combining functions and having full determination of the grid . You can visualise multiple sets of analysis on the same graph. Volume remains a limitation ,but that depends on the kind of data one usually deal with .Many people dont require a million rows of data. But your analysis has made me realise i need to explore power BI more .Thanks
Glad this comparison video was helpful.
Mynda, Beautiful black shirt. You look great.
😁 Thanks, Arturo!
Once again, a perfect explanation. Thanks a lot!
Thanks so much!
Where is the merch link when you need one.
Bi is definitely more powerful - easily (that is the advantage - ease).
But it fails.
It fails because it is not as ubiquitous as Excel being locked into a Microsoft requirement of working in a company or educational setting. For me this is a fatal flaw. Having to have one of those accounts to publish and share your Bi work is non-starter. Excel doesn't have that problem. I can build reports and dashboards and share them without having to be locked into having a company or an educational account.
Very usefull, i recall from last presentation on Power BI the monthly subcribtion costs, at $10 per month, does on at face value appear to be quite high if you have ad hoc users, may access 1 / 2 report dask boards only. Interestig to know what corporate take-up is and if other subcribers to channel, would invest time in learning Power BI, but are not doing so as the licence cost is barrier to adopt and use.
Yes, the licence fee can quickly add-up and isn't justified for occasional use.
One workaround on this to set up a guest account and give 'report account' credentials to users who need to see the report. Just a M365 account is enough for this, no Power BI pro license. Within your company's tenant even M365 subscription not needed. So there are alternatives:)
Hi, thanks for the comparison. It's insightful, but I personally think Excel is better for dashboards 😀
You're welcome :-)
Excel is more better way than powerbi for create dashboard...... In fact that, excel is everywhere.
Excel can be useful for rapid prototyping of dashboards and reports you intend to publish in Power BI in the long term
Yes, great idea, Justin.
do you have a tutorial on the grpahs around the 4 minute mark where you're using the bar graph as a slicer ?
I think you mean this one: www.myonlinetraininghub.com/cross-highlight-excel-charts
@@MyOnlineTrainingHub thann you
I just love your videos. Thank you very much for sharing your knowledge.
You are most welcome!
Great as usual. But AFAIK to be always up-to-date with excel, a time based subscription of office 365 is required like in power bi, so this extra cost maybe could also be mentioned. Regardless, it guys in my organization claim that both office 365 and power bi are now subscribed through cloud based licensing, which they say isn't secure enough in comparison with licensed hard copies. Thanks again!!
Yes, if you want to always have the latest version then the Office/Microsoft 365 subscription is the best option, but it's not more expensive than buying a perpetual license every 3 years. In fact, it is often cheaper depending on the license you choose. Either way, you've already paid for Excel, so there's no extra cost.
As for the cloud based licensing not being secure, I have no idea why they would think this as there's no basis for it. There is absolutely no difference in 'security' with a perpetual license vs the 365 license.
@@MyOnlineTrainingHub thank you very much. Extremely useful information again.
Hello Please should I be advanced in EXCEL before learning POWER BI?
Thanks for the video
Not necessarily, but advanced Excel skills are more in demand than Power BI skills, so the choice is yours.
This is not a fair comparison.
Since you have mentioned VBA for one area, (refresh), you should include in the comparisons in all the other areas.
Excel, coupled with VBA, can probably do everything Power BI can, plus a lot more, though admittedly not as fast.
Also powerpivot in excel is not restricted to the 64 bit version.
The 32 bit version of Excel also has powerpivot.
"Excel, coupled with VBA, can probably do everything Power BI can, plus a lot more" I disagree and I think you also have doubts given the use of 'probably' in that sentence. Perhaps you don't know Power BI as well as you know VBA. Sure, VBA can do a lot of cool stuff, but it's not the solution to having Power BI functionality in Excel.
Power Pivot with 32-bit Excel is not recommended and suffers terribly with performance, even when using relatively small datasets. I don't like to set people up for failure, so better to be up front and make it clear that 64-bit is really the minimum requirement. By all means, use 32-bit if that's all you're allowed to have, but it comes with a warning.
Would be nice with a summary at the end showing the results of the comparison of each aspect.
Great idea, Christian. You can see a comparison table here: www.myonlinetraininghub.com/excel-dashboards-vs-power-bi-dashboards
@@MyOnlineTrainingHub thank you
I'm trying to create a plan vs. actual from a Quickbooks Online export of data. I've got the Power Query all set up to eradicate the mess, but can't figure out how to get the plan numbers in there. The exported data is actual transactions. The plan data is independent of it. If I were to add the column during the Power Query set up and manually enter the plan numbers, it would be overwritten the next time I update the file. I'm on a Mac so can't use the Window Folder update method. Is there any other way to get the plan data to play nicely with the transaction data?
Hi Deb, great to hear you're working with Power Query to get your data. You can merge the actual and budget tables together in Power Query: www.myonlinetraininghub.com/excel-power-query-vlookup
Thanks for an excellent summary of these features.
Glad it was helpful 😊
Insightful as usual 👌
God bless you Mynda!
Thanks, Bunmi!
I think the reason why people prefer to use Excel because they’re used to it.
I prefer Excel with Power Query since I can initiate impromptu checking within the Excel check to test and check the formula.
I agree. Excel is familiar and there is no additional cost to use it since most people already have Excel.
Hey i want to ask you something right now i am learning ms excel from basic to advanced level and Vba too so I want to know from you that after completing my excel course should i go with power BI or excel till vba is sufficient for me...please reply
After mastering Excel, I would learn Power Query, then Power Pivot, then Power BI. Power Query and Power Pivot are used in both Excel and Power BI, so you get double the use of these tools. Much more worthwhile than learning VBA.
Thanks Mynda for this!
It would be good to know which versions of Excel support PowerPivot. I use Excel 2013 and cannot find PowerPivot to enable. However, I have installed PowerQuery.
Thanks!
Hi George, this post explains what versions support Power Pivot: support.microsoft.com/en-us/office/where-is-power-pivot-aa64e217-4b6e-410b-8337-20b87e1c2a4b
Thanks for clear explanation. The main issue at moment with my company is pagination vs. dashboards. And as it's quite expensive in the power bi licenses we are sadly still split between BI and SSRS
My pleasure, James. The pricing options with Power BI can become a bit of a nightmare to navigate.
Wish you would have summed up with a pros cons overall at the end. Too much this feature is in Power BI, but it’s also in Excel…. Doesn’t easily highlight differences
There's a summary table here: www.myonlinetraininghub.com/excel-dashboards-vs-power-bi-dashboards
That was a good comparison. Thank you. Very comprehensive. :)
Glad it was helpful 😊
very good thanks but i have some issues about the learning curve for example visuals i feel it is very easy to learn in Power BI, also the data preparation i can get huge value from power BI even though i do not do data preparation in power bi environment like unpivot i can do it in excel for example
Great to hear you find Power BI visuals easy. Excel Pivot charts are easy too...after all, they're based on the same logic as Power BI i.e. a PivotTable. It's just in Power BI you don't see the PivotTable, only the field list and chart areas. The exact same data preparation tools in Power BI are in Excel, so that 'huge value' you talk about is in both tools. That's one of the main points I was trying to emphasize.
Very well done video Mynda!
Thanks so much, Chris :-)
Great tutorial....how I wish you can do a tutorial oh how to build the integrated financial statements using power bi and excel power query model...
Glad you liked it, Samuel.
How to do that custom clicks in excel where we could mimic the cross filtering of power bi??
It's explained in this video, Avi: ua-cam.com/video/qFpnUBNUcsM/v-deo.htmlrel=0
@@MyOnlineTrainingHub thank you Myrna :)
Oops I spelled ur name wrong
So sorry about that Mynda 😀
Its very useful,thanks and can u tell which is better bcz i want study so please
Great to hear 😊
Awesome presentation and comparison, thanks a lot.
Glad it helped, Hossam!
Hello, I have query, if possible can you please help me.
I have project is converting excel dashboard to Power BI. I stuck in adding time in secondary Y axis. I want time as it is. Whenever i tried adding in the line value, it's converting to count or average etc.. i need no calculation.
Try setting it to show Max or Min instead of count/sum.
Hi Mynda. Great analysis and insights! Thanks for sharing :)) Thumbs up!!
Thanks so much, Wayne!
I have a Sales table which include sales return, when I calculate total sales value its calculate sales return, but when I calculate Sales without GST that time not calculate properly. What Can I Do?
Please post your question and sample Excel file on our forum where we can help you further: www.myonlinetraininghub.com/excel-forum
Hi Mynda!Great Explanation,Most Of My Reporting Lately Is With Power BI Mainly For The Interactive Visuals Clients Seem To Love But I Will Always Use Excel When Ever Possible...Thank You :)
Thanks for watching, Darryl! I agree it's hard to pass up Power BI's amazing visuals.
Well Done Mynda,
Sure, It Was Useful
Great to hear, Shakira!
For power bi, can mac user take course w you? Or must have window laptop?
Hi Natasha, Mac OS doesn't support Power BI Desktop. You either need a Windows PC or you can try using Parallels or similar to install Windows on your Mac: www.parallels.com/blogs/how-to-get-windows-10-in-parallels-desktop-13-for-mac/
If possible, could you show a video about how you come up with the WHY. I look for metrics but have difficulty asking the question or explaining what is needed to get the info I want. Just thought you must have the analytical thinking to say "I want to see how much an employee is costing me to do "x"?" How you go about thinking of the charts and comparison to get the result. hopefully I"m making sense. PS...excellent simply to use videos.
Thanks, Brad! There are a fairly standard set of rules for which charts suit what type of data/scenario. I have a chart recipe eBook you can download from here that might help: www.myonlinetraininghub.com/workbook-downloads
Very useful comparison!
Much appreciated!👍
Glad you enjoyed it!
I find that the moment you start to deal with big data sets, Power BI is the only tool that does not crash my laptop.
Laptop....yes, probably not enough CPU and ram.
Awesome summary
I still prefer using pandas to clean and manipulate data however I would really like to then have a this loaded onto power BI for visuals .Thanks for the really smart presentation 👍🏿
My pleasure!
Hi Mynda! After watching your great videos I build in Excel a dashboard. I created the data in Query, that results in a table. From the table I created Pivot tables. I have noticed that my pivot tables do not refresh with the most recent data even if I refresh the table, refresh the powerpivot, or refresh all data. I also tried unchecking Enable background refresh and still it does not work. Do you have any idea on how to solve this? Thanks a lot!
Congratulations on building your own dashboard! If your data from Power Query is loaded into an Excel Table in the worksheet and from there you built PivotTables then you need to refresh twice, once for the query to load the data into the Table and a second time to update the PivotTables. It's better to keep the query as connection only and build the PivotTable directly from the query. This resolves the double refresh requirement.
@@MyOnlineTrainingHub Thank you so much for such a quick reply. I took your advice and kept it as connection only and now is ok. All the best!
Thbanks! Also if you have no values, you could not make use of pivot table in excel.
If you have no number values you can still create PivotTables, if that's what you mean.
@@MyOnlineTrainingHub yes but not sure how. Do you have a recording that shows that with multi columns please?
No, but hopefully this PivotTable tutorial will point you in the right direction: ua-cam.com/video/vQlFiLUaw4k/v-deo.html
Excelente comparación, saludos!
Gracias!
excellent info dear Mynda
Thank you, Oswe :-)
Amazing and useful thanks soooo much !
Glad you liked it!!
Thank you for your great tutorials!
Glad you like them!
Very good post! :) but just a question, if I am using 64-bit excel for power pivot, can others open/refresh the file even if they only have 32-bit office? Thanks in adv!
Thank you! Others can open and refresh the file if they only have 32-bit but if your model is large then they may have performance issues. It's recommended you have 32-bit Power BI installed. It doesn't really matter if you have 32-bit Office and 64-bit Power BI unless you're using the Excel Power BI tools.
Summed up so well!
Glad it was helpful!
Amazing..... Well i want your T-shirts..🤷♂️
Thanks 😊
Thanks once again for teaching and sharing valuable content, you make hard things easy!
Glad to hear that, Domingo!
Important to note that IOS excel does NOT support slicers so you can build a great interactive dashboard in Excel using a Windows machine which won’t work on your MacBook or ipad. Happy to stand corrected maybe another video?🙏
Correct, Peter, but you can always embed the dashboard in a web page and it will work on any device 😉
Thanks Mynda, great suggestion wish I’d thought of that!😬
Excellent review!
Glad you liked it!
Nice comparision smile 😊🙏
Glad you liked it :-)
Now Now which one is your choice?
:-) for dashboards, Power BI is great. However, the lack of formatting options is super frustrating coming from an Excel background where you can manipulate charts to do almost anything you want. Of course, you can build your own custom visuals with Power BI, but that's a complicated solution to something that should be easy. Of course, Power BI gets updates every month and those niggles will be ironed out over time.
another great video. Would be good to see more power bi videos also some basic VBA videos would be good.
Thanks. Will keep it in mind.
Hello Mindy,
I work ad a non-profit organization as a volunteer and i am building a dashboard wat needs to be seen by a number of peaple. I use one vsc file as data source. What us the best way to show this online and be able to update it. Without making it cost a lot.
Thank you for this video.
Marius. Leergeld.nl
Thank you, im from indonesia, i already subscribe, thank you
Great to hear, Garis!
Can I sync and share some kind of Excel dashboard without One drive Bussiness, Share Point (companies have) and Power BI as a personal excel user? I want to share it with just my friend and don't want to use bussiness apps
Hi Tamas, you can use OneDrive personal, it's free for anyone to use.
@@MyOnlineTrainingHub Unfortunatelly I have problems with file size. With some table or database in data modell it is more than 25 MB... How can I solve this?
I don't have a workaround for a file of that size. I suppose because it falls into a 'business' size file you're expected to pay for a business service with OneDrive for Business or similar. I'm not aware of any free service for files of that size that allow sync and sharing.
You covered almost everything. Great video!
Glad you liked it, Karthik!
Hi Mynda...how can i enroll to your PBI training
Hi Arnold, thanks for your interest in my course. You can enroll here: www.myonlinetraininghub.com/power-bi-course
great presentation.
Thanks for watching, Pallavi!
Really great video!
Glad you liked it, Lee!
Amazing video, very well done. Thank you.
Glad you liked it 😊
Hello maam
I just started my MBA in Business Intelligence
from National Forensic Science University Gandhinagar.
My graduation was in LIFE Science ( Microbiology ),
please guide me on where to begin
( Like what is the essential tool that I should master that industry needs? )
Thank you For your awesome content :)
Hi Piyush, Power BI is a great tool to master for BI. You can take my Power BI course here: www.myonlinetraininghub.com/power-bi-course
Thank you for the comparison tutorial.
My pleasure, Dexter!