Skip to main content

Posts

Showing posts with the label Advanced Analytics

Gain the Super power of Data and analytics

Data and analytics are now gaining super power.  The New Normal demands the change in doing business across all sectors.  Especially in manufacturing, retail and health care are most demanding sectors that adopt this new wave.  Data is an asset .  When the enterprises optimizes the data and they are getting the ability to make faster and better decisions. They can save money by working more efficiently. Sometimes they may find new sources of revenue. They can capitalize on the untapped business intelligence that they own already. If at all the business houses, having the advanced business analytics capability that can predict everything, everywhere then they can make their business very profitable. If at all they can predict the customer behavior, they can interact with them more effectively.  Every part of the supply chain can be well oiled, when they are able to understand the need and change in demand. They can make their financial decision from anywhere in ...

What is an Analytics Translator and Why is the Role Important to Your Organization?

Today, enterprises recognize the critical value of advanced analytics within the organization and they are implementing data democratization initiatives. As these initiatives evolve, new roles emerge in the organization. The newest of these analysis-related roles is the ‘ analytics translator ‘. As the enterprise considers the relevance of this new role within the business, it is important to understand the responsibilities of an Analytics Translator, and how this role might help the organization to achieve its goals. What is an Analytics Translator? The Analytics Translator is an important member of the new analytical team. As organizations encourage data democratization and implement self-serve business intelligence and advanced analytics, business users can leverage machine learning, self-serve data preparation, and predictive analytics for business users to gather, prepare an analyze data. The emerging role of Analytics Translator adds resources to a team that includes...

BI Tools with Easy Connectivity, Implementation and Training

Does Your BI Tool Easily Connect to ERP and Other Crucial Software? Today’s business enterprise does not want to settle. If you plan to implement or upgrade your business intelligence solution, you would understandably expect to be able to use the other solutions your business users depend upon. Best-of-breed or enterprise solutions like Tally® for accounting and financial management, or SAP or Navision for enterprise-wide management are just such examples of software and solutions you would want to integrate and include in business intelligence and advanced analytics. So, if you are in the market for a new or upgraded BI tool, you definitely need to consider the cost and time required to implement and, equally importantly, to connect and integrate data from other crucial applications and solutions so that you can easily access, use and analyze data within the  Business Intelligence Tool . Your business intelligence and augmented analytics solution should take a comprehen...

Analytics Translator? Citizen Data Scientist? What is the Difference?

Analytics Translator? Citizen Data Scientist? What is the Difference? There is a new business role on the horizon and, at first glance, it may seem very much like a role that was introduced a few short years ago. This new enterprise role is known as an  ‘Analytics Translator’  and, while there is some confusion regarding the distinction between this role and the newly minted  Citizen Data Scientist  or  Citizen Analyst , there are some subtle but important differences. In a previous article ( What is an Analytics Translator and Why is the Role Important to Your Organization? ), we discussed the definition of an Analytics Translator. Here, we will discuss the role of Citizen Data Scientist and Analytics Translator and how they differ. To understand these roles, let’s look first at the somewhat more familiar role of Citizen Data Scientist (AKA Citizen Analyst). What is a Citizen Data Scientist (Citizen Analyst)? Gartner defines a  Citizen D...

What is So Important About Augmented Data Discovery?

Can Augmented Data Discovery Make a Difference in My Organization? 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. First, there is  Augmented Data Preparation  This process helps users access data integrated from varied data repositories and sources in a single interface, so they can test theories and hypotheses. These tools give users access to crucial data and Information and connect to data...

Advanced Analytics with Uniform, Secured Access

Can One BI Tool and Solution Guarantee User Access and Appropriate Security? I have a few pet peeves but every one of my team members knows ONE of these pet peeves all too well. I HATE spending time and resources on endless report customization and data sharing that never quite makes it to every team member. I hate it when everyone isn’t on the same page! But, I don’t have the time to run to every office and check on what team members are using to make decisions. I did find a  Business Intelligence Tool  that helps me by giving me the peace of mind of knowing that every team member has access to the same reports, data controls and access and can, therefore, share and understand information AS a team and make appropriate decisions. The analytics tool I have now provides fine grain access controls so we can develop reports and roll them out to every team member ONCE to provide a uniform, clear, intuitive environment with appropriate access rights by region, territor...

Augmented Analytics and Advanced Data Discovery for Business Users!

Augmented Analytics and Advanced Data Discovery for Business Users! 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. Advanced Data Discovery  software must provide appropriate access and security, mobile scalability and performance and guides and auto-suggestions, that will allow  Smart Data Discovery  and allow users to find the right data and to leverage that data to anticipate problems and capitalize on opportunities without a misstep or delay. No organization can afford to hire a large team of data professionals and business users should not ...

Advanced Data Discovery for Every Skill and User

Augmented Analytics is the Key to User-Friendly Business Intelligence! 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. Advanced Analytics  uses sophisticated techniques and algorithms in an automated environment to simplify the analytical process for the average business user, so users are presented with clear results to use in making decisions and analyzing problems. The augmented analytics approach provides better clarity and insight than the more traditional forms of analysis. The world of data analytics is no longer restricted to IT, data scientists and analysts. If your business is going to be productive and successful it must allow business users to access intuitive tools with sophisticated features, so that the entire team can work from the same data and share ...