Plug n’ Play Predictive Analysis: Sophisticated, Yet Easy for Every User!
Oh, the confusion of advanced analytical terminology. Read a report, attend a conference and your head is swirling with terms like ‘assisted predictive modeling’, plug n’ play predictive analysis, smart visualization, augmented data discovery and augmented data preparation. Add to that, the sophisticated concepts of auto-suggest, auto-recommend, time series forecasting, causation and prediction and classification techniques and you may feel that you need a degree in data science to do your job.
If your organization is implementing self-serve business intelligence, it is important to balance sophisticated tools with the skills of the average business user. While algorithms and advanced data analysis are a great benefit, if business users find these tools daunting, they won’t adopt them, and you won’t improve productivity, or timeliness or accuracy of decision-making.