You use Microsoft Power BI to generate business insights, which you then explain to others. Imagine if that work is done for you! With Narratives for Power BI, automatically generate easy-to-understand narratives that explain your data.
We've released new features in Narratives for Power BI that allow you to further customize narratives and add depth to analyses. The new release includes additional user inputs that allow you to control thresholds, apply formatting to text to highlight certain trends in your data, specify special relationships between variables, and deliver narratives fueled by predictive analytics.
Learn about some of the new, powerful features in more detail.
Focus on the trends you care most about
What if you wanted narratives to talk only about movements in your stock price that are greater than 30%? Specify your target threshold so narratives only include trends that meet the threshold. You can also specify a desired confidence interval so that only insights that are of a certain significance will be reported.
Using the custom formatting section, you can bold, underline, add color, or italicize specific content that you want to emphasize. Automatically make those statistics follow a certain format, for example, highlighting good changes in green and bad changes in red, to spot trends that matter quickly.
Perform predictive analytics
This powerful analysis now allows you to predict what will happen to your data in cases when a statistically relevant trendline can be drawn through a time series.
Specify special relationships between variables
Is one of your variables a benchmark for another variable? For example, is “S&P 500” a benchmark for “Stock Price”? With the new release, supply additional context to the measures in your visualizations.
For example, you can indicate that the variable S&P 500 is a benchmark for the variable Stock Price. The stories will adjust and compare the variables against one another, indicating instances where the Stock Price has outperformed, underperformed, or performed in line with the S&P 500.
If you haven’t already, you can download the extension for Narratives for Power BI for free here.