Now that you (and your team) have access to analytics tools, you want to make the best use of these tools. You want to share analysis with others, use that analysis to explain concepts and conclusions in a presentation, and clearly see the root cause of a problem, the opportunity you can leverage and the trends and patterns you need to understand in order to do your job.
If you are trying to convince your executive management or IT team of the benefits of augmented analytics, you really don’t have to look far for support. Augmented analytics benefits are numerous and, while some benefits are self-evident, many are more subtle and will be uniquely effective within you own enterprise.
As a business manager or a business team member, you probably make it your business to stay abreast of industry and market trends and to understand how best to use technology to refine business results and better understand your market, competition and customers. If you have been reading industry publications, you are probably familiar with the concept of augmented analytics and augmented analytics benefits.
Everyone has heard the term ‘natural language processing or NLP. So, what is natural language processing, exactly, and how can it help your business? NLP allows a program or software to understand language as written/spoken by humans so that people can interact with a system without using long strings of code. You use natural language processing every day when you engage with your word processing software to perform spell check, when your smart phone auto-corrects your words, when you use voice to text messaging, when your email system applies a spam filter, when you are served keywords that relate to a search you did on a search engine and when you use ‘assistants’ like Siri or Alexa.
The benefits of advanced analytics are many and the current support in the market for business user access and data insight provides expanded advantages of advanced analytics.
Elegant MicroWeb is included in the Gartner Market Guide for Data Preparation Tools, published on April 17, 2019. The Elegant MicroWeb (Smarten SSDP solution) is listed as a Representative Vendor in the Gartner Market Guide for Data Preparation.
The concept of advanced analytics can seem out of reach for many businesses. Business execs and managers often picture a team of data scientists and IT staff busily analyzing data and, included in that picture, they imagine the bags full of cash required to fund that team of professionals.
Advanced analytics benefits are too numerous to mention! What if your business users could leverage self-serve advanced analytics to see and use data in a way that made their jobs easier and made them more of an asset to the business?
If you are considering an advanced analytics solution, you are probably wondering what you might get from the solution. Are there real benefits to this type of solution and to the democratization of data and the implementation of a self-serve augmented analytics solution that is meant for business users?
Augmented Analytics may sound complicated but the goal is to use all those complicated analytical techniques and algorithms as an underpinning for an advanced analytics solution that is suitable for the skills o an average business user. In other words, the system may be complicated, but the interface and process to gather and analyze information is easy!
