Smarten announces the launch of SnapShot Anomaly Monitoring Alerts for Smarten Augmented Analytics. SnapShot Monitoring provides powerful data analytical features that reveal trends and anomalies and allow the enterprise to map targets and adapt to changing markets with clear, prescribed actions for continuous improvement.
Category: Business Intelligence
Why It’s Important to Include Cross-Tab Deep Dive in Self-Serve BI Tools!
When a business decides to implement a self-serve business intelligence (BI solution, it must ensure that the tools really are ‘self-serve’ and that they provide the flexibility and agility to give power users the ability to create and analyze, and business users with average technology skills the ability to quickly and easily understand the augmented analytics tools they now have access to, and to use those tools to the benefits of the team and the organization.
The client is a leading financial securities firm that offers online digital contacts, transparent trading practices and extends personalized customer service and support. Their services include brokerage, investment advisory, financial services and portfolio management in stock markets, debt markets as well as derivatives markets. The company is a respected corporate member of the National Stock Exchange (NSE) of India.
The client is a leading publicly listed Pharmaceuticals Company with a large shareholder base. The company manufactures all major dosage forms such as Tablets, Capsules, Injectables, Syrups, Ointments, etc.
How Should My Citizen Data Scientists Work with Data Scientists and Analysts?
Gartner has predicted that, ‘30% of organizations will harness the collective intelligence of their analytics communities, outperforming competitors that rely solely on centralized analytics or self-service.’ What does this mean for business Citizen Data Scientist initiatives? It does NOT mean that the organization should turn away from this type of initiative. What it DOES mean is that a business should recognize the value and purpose of each aspect of its analytical community.
Technology research and consulting firm, Gartner, predicts that, ‘By 2023, data literacy will become an explicit and necessary driver of business value, demonstrated by its formal inclusion in over 80% of data and analytics strategies and change management programs.’
Smarten announces the recent certification of its Smarten Augmented Analytics Software product by CERT-IN. CERT-IN, or the Indian Computer Emergency Response Team, is an India government-approved organization for upholding information technology (IT) security, and is a well-renowned application security standard, respected within the technology community. It was initiated in 2004 by the Department of Information Technology for implementing the provisions of the 2008 Information Technology Amendment Act. CERT-IN certification is provided by a CERT Empaneled Security Auditor following a detailed security audit to review all components of the organization network including websites, systems, applications, etc. After completion of the testing procedure, the certificate is provided to show that all requirements were met.
By some estimates, a business will experience a three-month lag between the time a report is produced and the point at which the enterprise sees improvement or results from the changes the report recommends or predicts. If the reporting is unclear or unconvincing, the recommendations may never be implemented and the report will sit in a file on someone’s computer.
This article should serve as a plea on behalf of the average business user!
Business users are business professionals who have expertise in an industry or market arena or perform a function to support the ongoing operation of the business – professionals who may be front line workers on a production line, finance professionals, sales representatives, non-profit office workers, medical researchers, middle managers, regional managers for retail chains, transportation dispatchers or…well, you get the idea. These team members know their job and they do it well. But, they probably don’t have the technical skills to write a SQL query, or to filter out the columns and fields for an analytical search in order to get the results they need to make a decision.
Why You Need Both BI Tools and Augmented Analytics and What to Consider When Selecting a Vendor
According to a West Monroe Partners’ survey, 68% of business and technology leaders surveyed don’t believe their competitors are leveraging data successfully. Obviously, when it comes to your competitive market space, your business does not want to exist in that 68% of the pie chart! Your senior execs and managers want to leverage data and information to gain a competitive advantage and succeed.
