Microsoft has acquired the intellectual property (IP) rights to ‘Fenwick’s Gold for Power BI’ report packs. These packs are tailored to the Finance, Sales, Purchasing, Inventory, Manufacturing, and Projects within Microsoft Dynamics 365 Business Central. This deal reinforces Microsoft’s commitment to providing Dynamics 365 Business Central customers with enhanced analytics and reporting capabilities that drive efficiency and strategic decision-making.
Fenwick’s Gold for Power BI report packs, already popular with Dynamics 365 Business Central customers, offer seamless deployment of customizable dashboards. This deployment allows businesses to quickly connect their data and unlock meaningful insights across various functions.
Microsoft Embeds Fenwick’s Power BI Packs for Deeper Integration
Recognizing the effectiveness of Fenwick’s solutions, Microsoft decided to deepen the integration by embedding a report pack directly within Business Central. Additionally, this move aimed to reduce the reliance on Power BI, whilst accelerating time to market. By integrating Fenwick’s solutions into Dynamics 365 Business Central, Microsoft aims to provide users with even more powerful tools to optimize performance and foster growth. The Fenwick Gold for Power BI packs will soon be available to hundreds of thousands of users worldwide.
Advanced Analytics Drive Small-Medium Sized Business Growth
Microsoft’s acquisition of Fenwick’s Power BI report packs demonstrates our dedication to equipping our customers with deeper insights, helping them run their businesses more effectively. In today’s competitive landscape, SMBs need advanced reporting capabilities to stay agile and make data-driven decisions that accelerate growth.
Mike Morton, VP Microsoft Dynamics 365 Business Central Product Team
According to a SMB study by McKinsey, companies that leverage advanced analytics and deep business insights are up to 60% more likely to identify growth opportunities and outperform their competitors. The inclusion of Fenwick’s market-tested reports into Dynamics 365 Business Central will ensure users have the necessary tools to make informed decisions and capitalize on opportunities.
We developed Fenwick Gold for Power BI to enhance the reporting capabilities for our customers, enabling them to unlock deeper insights from their Dynamics 365 Business Central data. This acquisition by Microsoft is a proud moment for our entire team and reflects the strong innovation and collaboration between Fenwick and Microsoft over the years.”
Fenwick’s 25-Year Partnership with Microsoft and Upcoming Dynamics 365 Integration
With offices in Melbourne, Sydney, and Brisbane, Fenwick has been a trusted Microsoft partner for over 25 years. Additionally, the company has developed over 60 apps available through Microsoft AppSource. Through its international partner program, Fenwick supports Dynamics 365 Business Central customers around the world.
The Fenwick Gold for Power BI reports will be integrated into Microsoft Dynamics 365 Business Central as part of the 2024 release wave 2, launching in October 2024. To learn more about these advancements, explore Microsoft’s article on financial analytics and reporting in Dynamics 365 Business Central.
