Enhance Your Response to Fluctuating Business Conditions by Exploiting Augmented Analytics

Firetruck - Timeliness

Are you struggling to stay on top of what’s happening in your business? Timeliness and business data remain difficult to align. But technology is changing that dilemma.

Augmented analytics is not new. It’s more accessible than ever to smaller businesses as a significant addition to business intelligence software.

What does it do? Augmented analytics uses machine learning to automate repetitive tasks. Repetitive tasks suck up a majority of analysis time, like over 40%. With augmented analytics, data analysis happens quicker and more accurately.

Quick and accurate is a good thing in today’s business environment for any size business. Another advantage is NLQ, natural language query, which is available with some augmented analytics packages. What does NLQ allow you and your employees to do?

Ask questions and receive answers in simple English. No need to learn SQL, a unique programming language.  Any employee can use the BI tool to receive pertinent data for their project, no specialized training required.

There’s no need to bother the analyst to find out your toaster’s average selling price in the last six months. Your marketing manager can ask for the number of toasters sold on the East Coast over the previous six months and receive the count immediately.

Do you already have a BI system? Ask them if augmented analytics is available or soon will be. Looking for a business intelligence program fit for your small company?  Small Business Trends recommends several including Zoho and BIME which have an NLQ or no SQL required component.

 

Author: Kris Keppeler, a writer who finds technology fascinating and loves humor. She writes for Crossing Genres on Medium.com and Does This Happen to You? on Channillo. Award-winning podcast producer who enjoys telling stories. Follow her @KrisKKAria on Twitter or on LinkedIn.

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