Business Intelligence drives business success. Being able to gain insight out of all the data in your enterprise is crucial to business success today. Your competition is always thinking of new ways to succeed and so should you! If you can provide your business users with BI tools and a simple, easy-to-use BI Dashboard, you can use these BI tools and solutions to achieve results and move your business forward.
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.
Terms like Advanced Data Discovery and Augmented Analytics can seem mysterious and daunting for the average organization. Managers, executives and IT staff may believe that business users cannot and will not adopt advanced analytics tools because these tools can only be used by data scientists, programmers or business analysts.
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.
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.
Augmented analytics can help your business users to find and understand critical data and to do their jobs more effectively. Without the knowledge of a data scientist or an IT professional, business users can perform advanced analytics, using features that guide and make recommendations at every step so that data is prepared, viewed and analyzed in a way that ensures clarity and a comprehensive understanding of trends, patterns, and data sensitivity and success thresholds.
Augmented Analytics and augmented data discovery is a form of advanced data discovery that automates data insight using machine learning and natural language generation. It automates data preparation and makes it easy for business users to enjoy data sharing.
There are so many new terms in the business intelligence and advanced analytics domain. So, what is augmented data discovery, and why is it important for your enterprise? Augmented Data Discovery (aka Smart Data Discovery), takes the enterprise beyond data monitoring and helps users discover the more subtle yet crucial factors that affect business success. It identifies hidden issues and patterns within the data so the organization can address challenges, capitalize on competitive and market advantages and plan for the future with more confidence. There are a couple of components to the augmented data discovery continuum.
If you have heard of Augmented Data Discovery (aka Smart Data Discovery), but you don’t quite understand what it is and its value to average business, then we really need to talk!
There are many facets to Advanced Data Discovery. The processes are sophisticated and the algorithms are exacting, but your business users need not worry about those things. To make the best use of augmented data discovery tools, you need to implement an advanced analytics solution that gives your team sophisticated tools and true insight into data, with flexible, personalized dashboards, and reporting that are easy enough for the average user to adopt.
