Excel in Bi

Excel in Bi

  • Home
  • Courses
  • Webinars
  • Articles
Log in

Your cart is currently empty!

How AI can make Business Insights easier?

Okay, we know, AI (Artificial Intelligence) is everywhere. You’ve probably seen it all over your feed in the past few months. And yes, that can be a bit much. But beyond the trending, let’s get real: how can AI actually help you understand your business better, without needing to be a tech expert? That’s a great question. Let’s break it down in simple terms:


1. How Business Intelligence connects with AI

Business Intelligence (BI) is all about using data to make better decisions. That includes automating tasks, improving processes, and turning numbers into clear plans. AI fits perfectly here. It helps you save time, organise your data, and spot important trends faster, so you can focus on what matters most in your business.


2. Task automation with AI

Let’s say every time you get an Excel report, you need to forward it to your team—or when someone adds something to a SharePoint list, a follow-up email needs to go out. That’s where tools like Microsoft Power Automate come in.

And now, with AI built in, you don’t even need to figure out every step. Just describe what you want to do, and Copilot will help build the process for you. What used to take hours can now take minutes, no coding needed.


3. Brainstorming and Planning with AI Chats

AI chat tools (like ChatGPT or Copilot) are great for planning and idea generation. You can use them to help create KPI (Key Performance Indicator) ideas or track the right data for your company. Try asking questions like:

  • “What KPIs should I track for a logistics company?”
  • “How should I present these KPIs to my team?”
  • “What performance metrics are useful in sales?”

It’s like having a brainstorming partner available 24/7.

4. Getting Insight ideas with AI

Sometimes, knowing what to show in a dashboard is harder than building the dashboard itself. That’s where AI tools like Claude can help. You can ask things like:

“What insights would a CEO of an insurance company want to see in a dashboard?”

And in seconds, it can suggest useful metrics and even dashboard layouts.

Here’s a sample I created in just 2 minutes using Claude:

Atlas Insurance – CEO Dashboard

Executive Dashboard

Atlas Insurance Company – CEO Overview

Total Premium Revenue
$314.2M
+8.7% vs last period
Combined Ratio
94.3%
+2.1% vs last period
Total Policyholders
5.8M
+12.4% vs last period
Claims Processed
47.3K
+5.2% vs last period

Revenue & Claims Trend

Loss Ratios by Product Line

Premium Distribution by Product

Customer Satisfaction Trends

Strategic Insights

Revenue Growth Accelerating
Premium revenue up 8.7% YoY, driven by 12.4% customer acquisition growth and successful rate optimization in auto insurance.
Digital Transformation Impact
Customer satisfaction scores improving (+12% NPS) following digital claims processing rollout. Processing time reduced by 35%.
Market Expansion Opportunity
Commercial lines showing strong profitability (63.7% loss ratio vs 60% target). Consider expanding commercial portfolio.

Priority Alerts

Health Insurance Loss Ratio
Health insurance loss ratio at 82.3%, exceeding target by 7.3%. Recommend immediate review of pricing strategy and provider network costs.
Claims Processing Backlog
Current claims backlog up 15% month-over-month. Consider temporary staffing increase or process automation.
Regulatory Update
New state insurance regulations effective Q3 2025. Compliance review scheduled for next board meeting.

Additional Key Performance Indicators

96.2%
Claims Settlement Ratio
18.7%
Return on Equity
4.2 days
Avg. Claim Processing
8.3%
Annual Churn Rate

5. Let AI handle the technical stuff

AI can also help you write simple scripts or formulas to organise your data, even if you’re not a developer. It can generate Python scripts, Excel formulas, or Power BI code (DAX), just by describing what you need in plain English.


In Conclusion

You don’t need to be a data expert to get value from Business Intelligence. With today’s AI tools, you can turn ideas into actions faster and easier than ever. Think of AI as your assistant—helping you brainstorm, automate, and visualize your data, so you can make smarter decisions.


Ready to Learn more?

If you’re looking to start your Business Intelligence journey, join our 4-week Insights Bootcamp. You’ll learn hands-on, get your questions answered live, and walk away ready to use AI as your business sidekick.

Categories: Power Bi Tips
Ramon Zamorano

Latest Posts

  • Why Data Analytics is an important skill to know today? No matter Your role.
  • What is the true value of Data?
  • How Data makes You more Proactive instead of Reactive
  • Why is star schema preferred in Power BI?
  • Will AI Replace Data Analysts?

Categories

  • Data Analytics Tips
  • Excel Tips
  • Power Bi Tips
  • Python Tips

Excel in Bi

We are empowering businesses with simplified data analytics solutions. We provide tailored Data Workshops, Masterclasses, and Consultancy to help teams unlock the full potential of their data.

We specialise in simplifying the use of Data

Company

  • Home
  • Courses
  • Free Webinars
  • Articles

Services

  • Data Visualisation Training
  • SQL and Power BI Training
  • Dashboard Development
  • Data Strategy Plans
  • Business Intelligence

Contact Us

contact@excelinbi.com

Book a discovery call

  • Facebook
  • LinkedIn
  • YouTube
  • TikTok

✅ Additional FAQ Suggestions:

1. How long will I have access to the course materials?

You’ll have access to the pre-recorded videos for 6 weeks from the moment you click the “Start” button.
You can buy the course now and choose when to begin — your 6-week access starts only when you’re ready.

Live Q&A sessions are available during the first 4 weeks after you start the course.

2. Is there a certificate of completion?

Yes! Participants who complete the course will receive a certificate, which you can share on LinkedIn or with your employer.

3. What kind of support will I get during the course?

You’ll have access to weekly live Q&A sessions, and you can also email us your questions anytime during the 4-week period.

4. How is this course different from free YouTube tutorials?

Our training is structured, practical, and focused on real-world business problems. You get guidance, feedback, and live support, which you don’t get from random tutorials.

5. Can I take the course if I’m working full-time?

Absolutely. The course is designed with flexibility in mind. You can watch the pre-recorded sessions at your own pace, and attend the weekly Q&A at a time that suits you.

6. What industries is this course relevant for?

Our bootcamp is ideal for professionals in finance, operations, marketing, HR, and any field where data is used to improve performance and make better decisions.

7. Is the course beginner friendly?

Yes. We start from the basics and gradually move to intermediate topics, with hands-on examples and easy-to-follow steps.

8. Can my employer pay for the course?

Yes, we can issue an invoice if your employer is covering the cost. Just contact us for details at contact@excelinbi.com

Time Zones alternatives for Live Q&A Sessions:

Region City Option 1 Option 2
New Zealand Auckland Wed, 6:00–7:00 PM Fri, 7:00–8:00 AM
Australia (AEST) Sydney / Brisbane Wed, 4:00–5:00 PM Fri, 5:00–6:00 AM
Singapore Singapore Wed, 2:00–3:00 PM Fri, 3:00–4:00 AM
India (IST) Mumbai Wed, 11:30 AM–12:30 PM Fri, 12:30–1:30 AM
UK (BST) London Wed, 7:00–8:00 AM Thu, 8:00–9:00 PM
USA (ET) New York Tue, 2:00–3:00 AM Thu, 3:00–4:00 PM
USA (PT) Los Angeles Tue, 11:00 PM–12:00 AM (Wed) Thu, 12:00–1:00 PM
Chile (CLT) Santiago Tue, 1:00–2:00 AM Thu, 2:00–3:00 PM