In 2019, automation frameworks designed to process big data made it much easier to go from the start of a new analytics project to the production phase. Additionally, per the requirements of GDPR, many more businesses now have Chief Protection Officers (and likely Chief Data Officers), which has, in turn, resulted in their shifting from […]
Artificial Intelligence and Machine Learning Trends in 2020
“Artificial Intelligence and Machine Learning have reached a critical tipping point and will increasingly augment and extend virtually every technology enabled service, thing, or application.” – Gartner An article on the future of AI and machine learning mentions that while cloud technology offers “agility to business processes,” artificial intelligence (AI) and machine learning (ML) technologies […]
How Can My Business Get the Most Out of Self-Serve Advanced Analytics?
Click to learn more about author Kartik Patel. How does an organization help the self-serve advanced analytics model grow and thrive? Responsibility lies in a number of places within the enterprise. Data Analysts/Data Scientists: If the business is large enough and sophisticated enough to have data analysts or data scientists on its team, those individuals will […]
How Do You Prove the Value of Self-Serve Augmented Data Discovery?
Click to learn more about author Kartik Patel. How does one measure the effectiveness of a new augmented data discovery solution? Once the business has chosen data democratization and implemented a self-serve analytics solution, it must measure ROI & TCO and establish metrics that will compare business results achieved before and after the implementation. Without measurable […]
What is Natural Language Processing and How Does it Benefit a Business?
Click to learn more about author Kartik Patel. We use natural language processing every day. It makes it easier for us to interact with computers and software and allows us to perform complex searches and tasks without the help of a programmer, developer or analyst. In this, the last article in our three-part series we discuss […]
Successful Augmented Analytics Initiatives Do Not End with Implementation
Click to learn more about author Kartik Patel. The successful implementation of an augmented analytics solution for business users is not just about choosing a cost-effective tool and completing a timely deployment, nor does the process stop with training. In order to get business users to embrace and adopt self-serve augmented data discovery tools, the enterprise […]
What is Augmented Analytics and Can it Add Value to Business Intelligence?
Click to learn more about author Kartik Patel. The Merriam-Webster dictionary defines the word ‘augment’ this way: “to make greater, more numerous, larger or more intense.” If you are wondering how this applies to the term ‘Augmented Analytics’, you are not alone. Let’s take a closer look at Augmented Analytics and talk about why it has […]
What are the Necessary Components of an Advanced Analytics Solution?
Click to learn more about author Kartik Patel. Business markets and competition are moving much more quickly these days and predicting, planning and forecasting is more important than ever. It is also important to ensure that every team member is a real asset to the organization and can contribute their knowledge and skill with full Insight […]
Six Ways Anomaly Detection Can Boost Your Conversion Rates
Click to learn more about author David Drai. There’s no way around it: Customer acquisition is expensive. According to an Econsultancy survey, just 22 percent of digital marketers and e-commerce professionals are satisfied with their conversion rates. And boosting those figures is easier said than done. Businesses have long applied anomaly detection to surface potential […]
Proven, Rapid ROI Assures Funding for Augmented Analytics Projects
As business organizations fight for competitive advantage, funding for projects and large expenditures can fall by the wayside. In today’s competitive business market, every senior executive looks at risk, value and calculations like return on investment (ROI) and total cost of ownership (TCO) before approving a budget. When it comes to advanced analytics, businesses large […]