Why Choose BI Tools and Analytics with AI?

AI-Enabled Analytics and Business Intelligence Has Its Benefits

Today, the use of Artificial Intelligence (AI) has a wealth of potential and prospective application in the field of analytics and its integration within analytical products provides numerous benefits to the business. There are many ways in which artificial intelligence (AI) can augment the capabilities of existing analytics solutions, and provide additional insight, support and results.

World-renowned technology research firm, Gartner, predicts that ‘40% of application development teams will be using automated data science and machine learning services to build models and add AI capabilities to applications.’

True to this prediction, many business intelligence and analytics solution vendors have added AI capabilities to self-serve analytics to create an environment that encourages productivity, fact-based decisions and efficient business processes, approval processes, automated alerts, etc.

There are a number of ways that artificial intelligence can enhance and improve the features and functionality within an enterprise using the augmented analytics environment:

Business Intelligence (BI) – Artificial Intelligence can be used to analyze large datasets and to sort and present data to achieve actionable insight, recommendations and suggestions, spotting trends, providing forecasts and optimizing results.

Generative AI (GenAI) Applications – Using Natural Language Processing (NLP) and Machine Learning (ML), AI tools can create content including images, text, video and other components to enhance presentation, interact with customers and suppliers in a targeted way and personalize messages.

Analytics Tools and Techniques – Team members and end-users can leverage self-serve analytics with AI to identify patterns and trends, gain insight, present data in a way that is meaningful to a particular target audience, predict outcomes, analyze customer buying behavior and analyze performance of products, services and other operational components.

Analytics Features and Development – Vendors and solution providers can use AI to quickly and easily upgrade analytics solutions, add features and functionality and reduce development time to keep up with client and market demands.

Current Artificial Intelligence technologies like ChatGPT, GenAI, and Agentic AI all provide specific capabilities to satisfy business requirements and inform and improve analytics with data gathered from within the organization that can be repurposed, targeted and used to solve problems, identify opportunities, present data to management, partners and customers, and communicate with all stakeholders using relevant data and information garnered from within and outside the enterprise.

Choose Business Intelligence and Augmented Analytics with Artificial Intelligence to Improve Outcomes

 

  • Improve Data Visualization – Create interactive dashboards, graphs and charts to help users present and share data in a way that is meaningful to a particular audience, and to clearly present data for confident decision-making. It can recommend and suggest visualization techniques to improve and refine how data is presented.
  • Improve Analytics with Task Automation – Automate activities and tasks, using customized automation scripts, and baseline filters and rules to extract and present data that meets user parameters. It can schedule and produce repetitive reports, and scripts can be altered change parameters, thereby freeing users to perform other operational or more strategic activities.
  • Predictive Analytics – Create predictive models using self-guiding UI wizard and auto-recommendations for swift, effortless forecasting and predictive analytics using data from numerous data sources.
  • Natural Language Processing (NLP) – Expand the capabilities of text generation and human language processing. It can enhance low resolution images, recognize and synthesize images and generate images for creative presentation of data and information.
  • Auto Insights and Machine Learning – Automates the process of interpreting and presenting results using rich visualization techniques, and includes all salient details, so users can review, share or edit content as they please.
  • Automated Alerts – Analyze results and trigger and generate alerts to protect against security violations, fraud and other risks, by analyzing normal behavior and results and comparing it to current and real-world results to identify anomalies.
  • Reporting – Using visualization, graphs, images and combining those with summaries and details can provide reports and presentations that are clear and suitable for all audiences, including management and executives, as well as teams and staff members.
  • Interpretation and Summarization – Quickly interpret and summarize data without spending a lot of time creating content, editing and preparing.
  • Data Preparation – Improve data transformation and cleansing and help prepare data and improve the quality of that data using phonetics for clustering, identifying data types, and hierarchies, suggesting alternate values etc.
  • Support for Citizen Data Scientists – Use AI cutting-edge tools to support team members with sophisticated, intuitive tools that leverage artificial intelligence (AI) and analytical techniques to produce concise results without requiring the skills of Data Scientists.

The analytical solutions market is moving quickly to adopt Artificial Intelligence and if your business wishes to succeed, it too must move to find and improve products and services as quickly as possible to meet customer expectations and to satisfy the ever-changing landscape of business competition.

Select and implement an Augmented Analytics Solution With Artificial Intelligence (AI) components to ensure affordable, flexible solutions that every user can leverage, no matter their skillset or technical capabilities. Read White Papers, ‘Generative AI (GenAI): The Benefits And Applications Of AI In Analytics,’ and ‘The Practical Use Of GenAI In Business Intelligence And Analytics Tools’ and explore the benefits of AI in analytics and the full spectrum of benefits and advantages of current artificial intelligence (AI) technologies.

Original Post : AI-Enabled Analytics and Business Intelligence Has Its Benefits!