Self-Serve advanced analytics and data discovery software is an important competitive tool in today’s rapidly changing environment. Data resides in a lot of places within the organization and access to that data in an intuitive, integrated environment is important.
KPI analytics is important for every organization, no matter how small or large, no matter what industry or business market. Key performance indicator analytics provides metrics and measures for the business so that the enterprise can define success in an objective manner.
In this article, we will focus on the identification and exploration of data patterns and the trends that data reveals. The business can use this information for forecasting and planning, and to test theories and strategies. Let’s look at the various methods of trend and pattern analysis in more detail so we can better understand the various techniques.
Everything today is about metrics and measurements. Your boss, my boss, every executive wants to see numbers, statistics, graphs and charts that show progress or analyze problems. Modern business intelligence includes tools to establish key performance indicators (KPIs) but, when you are looking at a solution, you need to consider whether the KPI analytics solution allows you to really analyze the issues, problems, opportunities and root causes, or if it simply provides a tool for static monitoring and some pretty graphs, gauges and charts.
This article summarizes our recent article series on the definition, meaning and use of the various algorithms and analytical methods and techniques used in predictive analytics for business users, and in augmented data preparation and augmented data discovery tools.
If your business is looking for a comprehensive augmented advanced analytics solution, what are some of the critical factors to consider? OK, here goes!
Isn’t it annoying to be out on the road on a business trip or at home trying to get some work done and discover that the tools you use in the office do not translate well to the device you have on the road? It is beyond me how software vendors can expect users to accept poor performance, difficult navigation and inappropriate quick fixes or workarounds that are designed to ‘make it work’ and result in user frustration, lost productivity and business delays.
Self-serve has many meanings. You can pump your own gas, you can serve yourself at a buffet, and sometimes you can even do your own data preparation. You will notice that I said ‘sometimes’. That is because you have to choose the right tool if you want to really participate in self-serve data preparation.
Augmented analytics, augmented data discovery, advanced data discovery…all of these terms can seem intimidating but they don’t have to be. In fact, it might be less intimidating to think of advanced analytics software as Smart Data Discovery. When you use that term, you acknowledge the most important factor in this process, namely that the software itself is ‘smart’ and that using advanced analytics tools is not a process that is limited to data analysts or data scientists.
ElegantJ BI, an innovative vendor in Business Intelligence, Augmented Analytics and Augmented Data Preparation, is pleased to announce its participation in the Gartner 2018 INDIA Data & Analytics Summit from 5 – 6th June 2018 in Mumbai, India. ElegantJ BI is proud to be a Silver Sponsor at this important event.
