Microsoft has introduced new capabilities to its Copilot Dashboard, enhancing business analytics with tools for tracking and valuation. Users can now access a Trendline feature to monitor Copilot engagement over the last six months. The feature gives insight into various metrics, including the number of licensed employees using Copilot, active users, and its impact on operations such as time savings, emails generated with Copilot aid, and the number of meetings summarized through AI.
Financial Valuation with Copilot Value Calculator
An important addition is the Copilot Value Calculator, designed for estimating financial gains from Copilot use. It calculates potential economic benefits by multiplying time saved by an average hourly rate, defaulting at $72 per hour but adjustable to reflect specific business conditions.
Comparative Metrics and Data Access
The update – announced in a Microsoft blog post – provides metric guidance to compare Copilot usage among different organizational groups. The feature is particularly useful for analyzing performance variations between employees using Copilot and those who do not. Additionally, the update includes delegate access, allowing leaders' chief of staff or direct reports to use the dashboard for data-driven decision-making.
Most users licensed for Copilot for Microsoft 365 have access to the updated dashboard. However, organizations with fewer than 50 licenses may find some features restricted. The rollout began in July for customers with over 50 Copilot for Microsoft 365 licenses or 10 premium Viva Insights licenses. For a more in-depth look beyond the last 28 days, access to the Viva Insights Analyst Workbench, requiring a premium license, is available.
Enhanced Business Insights
These new dashboard features are designed to give businesses a clearer picture of how Copilot is being used within their organizations. By monitoring user trends and calculating the economic value, companies can make more informed decisions about their AI investments. The ability to compare across various groups and grant access to key stakeholders further extends the dashboard's usefulness.
Microsoft's Copilot Dashboard is a tool designed to help organizations understand and measure the impact of their investment in Copilot for Microsoft 365. It provides insights into how AI is transforming workplace behavior and offers actionable recommendations for maximizing the value of Copilot.
For those seeking advanced reporting capabilities, Viva Insights offers a premium license option. It includes the ability to create custom views and reports, assess extended data sets, compare usage against third-party data, and modify metric definitions. Admins can manage access to these features through specific policies.
