Empowering Analytics with AI

AI can bolster analytics practices and boost results.

Managing data under constraints

We all operate within constraints when solving problems. When it comes to data, the price we pay for having so much of it at our fingertips is finding the time and resources to organize and understand it. The application of AI in analytics helps to overcome human limitations by digesting large amounts of data quickly.

Choosing where and how to apply AI

There are analytics tools with AI functions to improve data democratization and increase speed for answering analytics questions. However, these are best used to supplement answering complex analytics questions, evaluating strategy, or building custom analytics tools from scratch.

For more complex tasks, AI can still be used at crucial points in the analytics process. From generating training data for models to building data visualizations and reports, AI tools can specifically plug in to enable analytics.

Even in standard tools such as spreadsheets and data visualization software, analysts can now take advantage of AI assistants that aggregate, code, and synthesize data.

Plug and play with AI

Having organized data is a crucial springboard for enabling multiple analytics projects. Data cleaning can often require a human eye given the inconsistent nature of raw data. For small teams, data engineering is a necessary element to preparing data for analysis in the short and long term.

With AI, smaller analytics teams can process raw datasets and reduce or eliminate the amount of manual work required. With the right technical skills, you can even write AI-based scripts to clean and process data for you.

AI powered predictive analytics

With loads of data, the natural next step is to look for ways to predict business outcomes. From financial targets to individual consumer preferences, AI models can help to identify patterns, correlations, and outliers in datasets that enable organizations to make better decisions for the future. It is well worth exploring how AI can help optimize operations, improve efficiency, and drive innovation.

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