The use of business intelligence and business analytics is growing in every industry, business function and in companies of every size. 48% of small and medium sized business CIOs responding to a Gartner survey revealed that business intelligence (BI), data and analytics is one of the technology areas that will have the largest amount of new or additional spending.
Tag: Advanced Analytics Tool
Can Predictive Analytics REALLY Help My Business During These Uncertain Times?
How accurate is predictive analytics? Is it worth using for my business? How can forecasting and prediction help me in such an uncertain environment? These are all valid questions and they are they are questions your business (and your fellow business owners) must grapple with to understand the value of planning and analytical tools.
Want to Succeed with Citizen Data Scientists? Choose Simple Augmented Analytics!
Gartner has placed an increased focus on augmented analytics and solutions that support data democratization and business user transformation to the Citizen Data Scientist role. It predicts that those organizations that engage in Citizen Data Scientist initiatives will outperform businesses that do not take this approach and they will be more competitive and better prepared, by increasing productivity, optimizing resources and making better decisions. As your business competitors embrace this evolution, your organization must seriously commit to the Citizen Data Scientist concept and to the Augmented Analytics solution approach that will support the Citizen Data Scientist.
Shopping for Advanced Analytics? Get Self-Serve Augmented Analytics and Succeed!
There are a lot of business intelligence and analytical tools on the market today and if your business has recognized the need to implement this type of solution for self-serve analytics among business users, it is important to understand the advantages of augmented analytics. Advanced analytics benefits are numerous but, when a business chooses augmented analytics tools, it can ensure that its business users have full access to analytical features and sophisticated techniques without having to learn complex systems and without having to acquire data scientist skills. That ease-of-use takes advanced analytics advantages to the next level by democratizing use and allowing for digital transformation and increased data literacy across the enterprise.
Augmented Analytics is Designed for Business Users So Analytics is Easy for All!
When a business decides to undertake a data democratization and data literacy initiative, it is important to recognize that not all advanced analytics solutions are created equal. Business users who are expected to take on the task of analytics, will need an augmented analytics solution that can support their needs. They aren’t data scientists. They aren’t business analysts. They are business professionals who will want to use an analytics solution that can give them sophisticated output and information. It has to be easy enough to use without the need for assistance by IT or data scientists and it has to be a solution that can be personalized to produce reports and analytics that are easy for each user to leverage to make decisions, solve problems and identify opportunities.
I Know I Need Analytics for My Shopify eCommerce Site. Now What?
So, you’ve decided to stop guessing about the results and the competitive strategy of your Shopify eCommerce site. You know you have a lot of competition and you know you can’t depend on what external forces might affect your business in the coming months or years. But, once you have decided you need to analyze your data and use that data to make decisions, you have to take the next step.
What is Self-Service Data Preparation & Can it Provide Actual Business Results?
Let’s cut to the chase! Results are everything and when you think of a task like preparing data for analytics, that task does not seem to have a direct connection to results. Or does it? Renowned technology research and analysis organization, Gartner, predicts that data and analytics organizations that provide agile, curated internal and external datasets for a range of content authors will realize twice the business benefits as those that do not.
Discover the Smarten approach to Augmented Analytics and Advanced Data Discovery tools. These tools allow business users to leverage augmented analytics that provide guides and suggestions to help the business user more quickly and effectively produce clear advanced analytics with little to no training, thereby transforming the average business user into a Citizen Data Scientist. Using the Smarten approach, users can quickly and easily prepare and analyze data and visualize and explore data, notate and highlight data and share data with others.
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!
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.
