Microsoft Power BI is highly effective in helping businesses make data-based decisions in real time. It simplifies processes and provides access to the latest data through customized dashboards. Here, we’ll discuss the Power BI consulting companies in fMCG offering services to implement Power BI in the FMCG industry.
FMCG or Fast Moving Consumer Goods are products intended for everyday consumption. They have a shorter shelf life and are frequently purchased by consumers. Both food and non-food products belong to the FMCG category. Skincare, pet care, beverages, cleaning products, apparel, footwear, etc., are some examples of FMCG products.
The global FMCG market is expected to reach $18,939.4 billion by 2031 at a CAGR (compound annual growth rate) of 5.1% between 2022 and 2031. Another report shares that the global consumer spending will increase to $8.85 trillion by 2025. The FMCG industry comprises various sectors, such as procuring raw materials to manufacturing, packaging, distribution, retail, sales, and logistics.
In today’s competitive world, manufacturers, retailers, and brands need to rely on FMCG Business Intelligence to offer better products and services to customers. According to Wiiisdom, the global BI adoption rate is expected to be 33% by 2023. Many SMBs and large enterprises from the FMCG industry are partnering with business intelligence consultants to use the latest BI tools like Microsoft Power BI in their businesses.
Microsoft Power BI is an end-to-end business intelligence and data visualization platform that converts datasets into actionable insights and visualization reports. It is versatile and can be used in any industry. However, Power BI has a vital role in FMCG analytics and reporting. It helps create customized dashboards to track and monitor data, analyze reports, and make faster decisions based on real-time information.
Businesses can take advantage of Power BI in FMCG using dashboard analytics and real-time data visualizations to streamline internal and external operations, optimize costs, and increase customer experience. It also helps identify and categorize the target audiences and markets to create personalized strategies for promotional campaigns. Brands can amplify their ROI with Power BI.
DataToBiz is a global data analytics and business intelligence service provider. They excel in delivering tailored consulting services for Microsoft Power BI to a diverse clientele ranging from small and medium businesses to large enterprises. Their client portfolio is wider than FMCG as they have served multiple industries as well.
Partnering with leading FMCG manufacturers across Dubai, USA, Oman, India, and South Africa, the company addresses operational challenges by providing real-time insights into sales, ensuring data management and analysis. Their capabilities include optimizing resources, boosting sales, reducing downtime, analyzing equipment failures, and providing substantial value and avenues for growth to their client.
To address industry-specific challenges, customized Power BI solutions are curated to enhance overall efficiency. Their predictive analytics solutions help the client track market trends, analyze customer behavior, enhance operational performance, and boost Overall Equipment Effectiveness (OEE), all while emphasizing safety and productivity.
The company aims to provide safer workplaces, financial control, targeted sales strategies, secured market shares, and increased production output for the FMCG industry. DataToBiz’s data analytics and Power BI expertise have reshaped the FMCG operational landscape and beyond, solidifying its status as a global innovator across sectors.
Boston Consulting Group (BCG) is a global Power BI consulting firm that offers a wide range of services to businesses from various industries. It helps brands digitally transform their systems to unlock the potential of data and insights. The company delivers integrated solutions through cutting-edge technologies and designs based on the client’s requirements.
BCG combines BI, AI, and other emerging technologies to help FMCG businesses meet five strategic imperatives that will make them successful in the global markets. From reinventing the demand model to digitizing end-to-end processes and optimizing the operating model, the firm provides continuous support services in the FMCG industry.
Sustainability is one of the major focus areas of the company. It works with many Fortune 500 companies to adopt and implement complex models for achieving business goals. BCG helps in setting up Power BI dashboards and providing real-time data analytical reports to decision-makers. Employees can directly access data through the dashboards and make informed decisions at day-to-day work.
Motifworks offers cloud transformation and IT strategy services to businesses from many industries. It is also a Power BI consultant partner that helps brands achieve their business intelligence capabilities by adopting the latest technology. From creating BI strategy to data mining, data analytics, customizing dashboards, and delivering reports, the company supports clients at every stage of Power BI implementation.
The company builds custom dashboards and tests and validates them to ensure seamless connectivity to third-party applications and data sources. It assists enterprises in building a data culture and empowering their workforce to use advanced technologies. The company also combines Power BI with Azure Synapse Analytics to create a unified and scalable experience for clients.
Motifworks won the 2023 Microsoft Partner of the Year award and is one of America’s fast-growing private companies. It facilitates brands in using self-servicing analytics across the enterprise. The company provides web, desktop, and mobile Power BI dashboards and helps build effective AI solutions to boost revenue for a business.
Pegasus One is among the well-known Power BI companies in the FMCG industry. The company has worked on 100+ projects and has a 97% client retention rate. It is a US-based firm offering nearshore and offshore services to businesses from different continents. It is also a partner of Microsoft, AWS, Harness, etc., and has ISO certifications.
It helps with data discovery, dashboard creation and customization, visualizations, business reporting, and self-servicing analytics. Pegasus One offers end-to-end services, starting with planning the strategy to taking care of upgrades, maintenance, and migrations. The company specializes in using FMCG data to create and deploy Power BI Desktop, Mobile, Premium, and Embedded dashboards based on the client’s specifications.
The company offers a customer-focused experience through localized management teams. It combines hybrid, offshore, and nearshore services to provide a unique solution to suit the client’s geographical requirements. Pegasus One also offers services for software development, artificial intelligence, data analytics, cloud migrations, DevOps, etc. It has delivery centers in Mexico and India.
Arka Softwares is a business intelligence company offering Power BI consulting services for enterprises and organizations from several industries. It focuses on creating solutions that solve critical business challenges through web and mobile-based applications, tools, and technologies. The company follows an inclusive growth model to promote the digital transformation of businesses to help them achieve their goals.
The company creates dynamic Power BI dashboards to speed up decision-making based on insights powered by data analytics. Arka Softwares works with startups, new businesses, and existing enterprises to streamline their data, adopt cloud solutions, and set up third-party integrations between various systems. It also takes care of data modeling and IT architecture design.
The company also combines business intelligence with data science, machine learning, advanced analytics, and predictive modeling to provide comprehensive solutions to enterprises from the FMCG industry. It deals with Power BI governance, compliance, security, and scalability. Businesses can rely on Arka Softwares to provide complete services from start to finish.
Chetu is a software development company offering Business Intelligence in FMCG and other industries. It combines domain expertise, technological dominance, and experience to deliver enterprise-grade solutions to clients from around the world. The company has received many awards over the years for being a trustworthy and reliable service provider in the market. It has many leading partners in its ecosystems, such as Microsoft, AWS, Oracle, Salesforce, SAP, IBM, Magneto, etc.
The company implements business intelligence solutions for trend analysis, market forecasting, and optimizing operations. Chetu offers a range of BI services, including cloud development, data warehousing, data science and machine learning-based analytics, BI dashboards and reporting, big data cloud solutions, IoT (Internet of Things) cloud solutions, etc. The company creates custom dashboards for sales analytics, market analytics, social media analytics, finance analytics, and helpdesk analytics.
It also takes care of data preparation, third-party integrations, real-time visualizations, mobile BI, augmented analytics, etc. Chetu provides data governance, security, and compliance services to help businesses use Power BI dashboards for everyday decision-making. The company also works with other business intelligence tools and offers customized solutions to each client.
Power BI consulting companies in the FMCG industry have varied roles and responsibilities. From data consolidation to Power BI implementation, customizing dashboards, and providing long-term support services, the companies guide and collaborate with FMCG businesses at every stage. They integrate Power BI with Microsoft and third-party applications used by enterprises to ensure data flows seamlessly from one system to another.
Businesses should take the time to choose the right Power BI partner. Focus on experience, domain expertise, ecosystem, certification, communication, project portfolio, customization services, support and maintenance services, and pricing models. The right Power BI consulting company boosts ROI and turns the business into an industry leader.
Fact checked by –
Akansha Rani ~ Content Creator & Copy Writer
Sunaina Meena ~ Digital Marketing Specialist