Enjoy the Advantages of Advanced Analytics with Augmented Analytics Support!
The benefits of advanced analytics are many and with augmented analytics support, the benefits are even more numerous.
Tag: Augmented Analytics Blog
Data Analytics and Business Analytics: An Integrated Approach!
What’s the difference between business analytics and data analytics?
Business Analytics incorporates the skills, technologies, processes and practices to explore and understand exploration historical business performance and use that insight for business planning and issue resolution.
Citizen Data Scientists Will Lead the Charge with Augmented Analytics!
You have probably heard a lot about the concept of Citizen Data Scientists in industry conferences and journals. Whether you are managing a business, or a team or you are a team member in a business, you should take heed of these discussions as they will definitely change the landscape of every type of business from start-ups and small companies to large enterprises, and you would be wise to get on board.
Assisted Predictive Modeling: The Word ‘Assisted’ is the Key!
Assisted predictive modeling! The term sounds complex and intimidating, doesn’t it? But nothing could be further from the truth. The word ‘assisted’ is the key! It is true that without the skills and knowledge of a data scientist or a business analyst, predictive analysis can be a daunting task.
Predictive Analytics Can Be Accurate and Easy!
Predictive analytics is more refined, more dependable and more comprehensive than ever. The foundation for predictive analysis is a great predictive analytics tool, and features and function that include assisted predictive modeling.
Augmented Analytics Tools Designed to Support the Future!
As one of its Strategic Assumptions, Gartner predicted that ‘By 2020, more than 40% of data science tasks will be automated, resulting in increased productivity and broader usage by citizen data scientists.’ Gartner also predicts that the number of Citizen Data Scientists will grow five times faster than the number of expert data scientists through 2020, and that by 2019 the amount of advanced analytics produced by citizen data scientists will surpass that produced by data scientists.
Deliver Advanced Analytics to Business Users with Augmented Data Discovery!
Smart data discovery is not dependent on a few geniuses sitting in a science lab somewhere! With appropriate data discovery tools your team members can leverage their knowledge of their role and domain, and the needs of their division, team or business unit to find the data and insight that is most meaningful to them.
Should My Small Business or Start-Up Use Data Analytics?
When a start-up or small business looks at its budget and resources, it often concludes that, while data analytics is important to its business, data analytics tools may be too complex, too sophisticated and too expensive to include in its initiatives and programs.
Assisted Predictive Modeling Delivers Predictive Analytics to Business Users!
When we use terms like ‘predictive analytics’, it sometimes puts off the general business population. Team members might envision everything from a crystal ball to complex charts and graphs with unreadable numbers and conclusions. While predictive analytics techniques and predictive modeling does include complicated algorithms.
Self-Serve Data Prep Takes the Pain Out of Data Preparation!
Let’s talk about data preparation! That often cumbersome, always complex process by which data scientists and IT professionals gather and prepare data for analysis. Data prep involves the extraction and transformation of raw data to prepare that data for analysis. It includes cleaning and reducing that data by removing outliers and standardizing data formats, among other things. Without data preparation, data analysis can often be misleading and incorrect – garbage in/garbage out, if you will.
