Power BI Premium is capacity geared toward enterprises that want a complete BI solution to provide a single view of its organization, partners, customers, and suppliers. Power BI Premium helps your organization make decisions. Power BI Premium is a software as a service (SaaS) product that allows users to consume content through mobile apps, internally developed apps, or at the Power BI portal.
Power BI Embedded is for ISVs that want to embed visuals into their applications. Power BI Embedded helps your customers make decisions—they can consume content stored on Power BI Embedded capacity, including anyone inside or outside the organization.