Tag: Advanced Analytics Software
Smart Data Visualization and Augmented Analytics Makes Users Smarter!
Why is smart data visualization important? Consider how difficult it would be to put together a jigsaw puzzle if you were blindfolded. You might have access to all the pieces, but you could not truly see the picture unless you were able to visualize the outcome.
Augmented Analytics: The Advanced Analytics Solution to Ensure User Adoption!
The concept of advanced analytics can seem out of reach for many businesses. Business execs and managers often picture a team of data scientists and IT staff busily analyzing data and, included in that picture, they imagine the bags full of cash required to fund that team of professionals.
Many businesses are just discovering the benefits of self-serve business intelligence and establishing data democratization initiatives but, as every business manager and team member knows, business markets and competition move rapidly and yesterday’s business intelligence initiatives are morphing into advanced analytics efforts. As businesses consider the transition, it is important to understand the advantages of advanced analytics.
What is Advanced Analytics, and How Can it Help My Business?
What is advanced analytics? Where to start? Advanced analytics takes analysis to the next level by providing sophisticated techniques designed to get to the heart of data and offer insight and answers with which businesses can make more accurate decisions and develop more dependable, accurate plans and forecasts. Advanced Analytics includes predictive analytics, smart data visualization, and other components.
The ‘culture’ of an organization includes habits and processes that are familiar and comfortable. There are many aspects to the success of a culture change within a business organization. When an enterprise decides to move from the silo spreadsheet culture to Advanced Analytics it can go beyond simple spreadsheet analysis and BI reporting with a comprehensive analytical environment that identifies business opportunities, and provides metrics and measurements, predictive modeling and forecasting, and self-serve data preparation tools for business users. By understanding how and why team members employ spreadsheets, the enterprise can develop a strategy to move to a fact-based, secured environment with tools that users will want to adopt.
Advanced Analytics That Speaks Your Language!
Imagine you are trying to search for something in a store, but there is no one there to help you and all of the products are mixed up. You have to walk up and down every aisle, trying to find what you want and if you want to compare two things you will have to remember where you found that other product or drag it with you and then try to remember where to put it when you are ready to put it back. Not fun!
Advanced Analytics and Smart Data Discovery for ALL!
Don’t think that advanced analytics is too complicated for your business users. Nothing could be further from the truth! You can create Citizen Data Scientists and improve the analytical abilities and outcomes for your average business user if you give them the right tools.
As advanced analytics and self-serve, augmented analytical tools make their way into the average enterprise, the average organization struggles to quantify the effects and, moreover, to understand and leverage the changes within the business.