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!
Predictive Analytics is no longer limited to data scientists. Today, predictive analytics is, and must be, accessible to business users, if your enterprise is to grow and respond to the need for data democratization and increased productivity within the enterprise and to the rapid changes in the market, competition, resource and supplier needs and customer buying behavior. Every business user must have the tools to analyze data and make accurate, timely predictions and decisions.
ElegantJ BI announces its participation in The Vibrant Gujarat StartUp & Technology Summit 2018, October 11 through October 13 at the Helipad Exhibition Centre in Gandhinagar, Gujarat, India. Clients, partners and technology innovators are invited to visit Stall No 36, in Hall #1 to experience the Smarten approach to advanced analytics.
Augmented Analytics benefits a business, its users and its customers, partners and stakeholders. The advantages of augmented analytics are as numerous, varied and unique as the organization itself but, no matter the industry or type of business, one of the greatest benefits of augmented analytics is the availability and access to sophisticated analytical techniques, algorithms and processes for the average business user – WITHOUT training or skills in data science or analysis.
No business, large or small, can afford to employ the services of dozens of data scientists or professional analysts. Budgets are tight and there are so many places we need to spend our money to help the business success and grow.
There was a time, not so long ago, when predictive analysis, business forecasting and planning for results involved guesswork and lots of unscientific review of historical data. But, today’s competitive business landscape and rapidly moving markets demand more than guesswork.
If your enterprise is entangled in complex data preparation and manipulation, and you want to simplify and expand the use of data preparation to leverage data integration and self-service data prep, you need to explore the potential of augmented data preparation. Data extraction, transformation and loading (ETL) can be a complex, time-consuming process, but self-serve data prep is ETL for business users.
The benefits of advanced data discovery do not have to be limited to data scientists or IT staff. If you choose the right data discovery tool, your business users can enjoy the benefits of confident business decisions, shared analytics and a common approach to, and understanding of, data-driven, fact-based metrics and results.
No matter the market or type of business, there is no room in today’s business landscape for guesswork. You can’t get a business loan, join with a business partner, successfully bid on a project, open a new location, hire the right employees or plan for the future without predictive analytics.
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.
