The acquisition of the on-premises data access component for Microsoft’s business analytics service involves obtaining a software application. This application facilitates secure data transfer between on-premises data sources and cloud-based services, such as Power BI. An example involves a user needing to connect a Power BI report to a SQL Server database residing on a company’s internal network; the data access component enables this connection.
This component is crucial for organizations leveraging Power BI that store their data in sources not directly accessible via the internet. It bridges the gap, allowing users to create reports and dashboards based on this data without needing to move it to the cloud. Historically, its introduction simplified and secured data connectivity, enabling wider adoption of cloud-based analytics for businesses with existing on-premises infrastructure. Benefits include enhanced security through encrypted connections, reduced data replication requirements, and the ability to perform real-time analysis on local data.