Category: Business Intelligence

Birst Smart Analytics: Using AI to Operationalize BI

How do you deliver more insights out to more people? Operationalizing BI and analytics – that is, putting the power of data in the hands of everyone across the enterprise, not just analysts and data scientists – has always been the mantra for Birst co-founder Brad Peters.

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How AI is Lowering the Barrier to Entry for BI and Analytics

According to Gartner, more than 3,000 CIOs ranked Business Intelligence (BI) and Analytics as the top differentiating technology for their organizations. If BI and Analytics is such a game-changer, then why is the average adoption rate in organizations only 32%? Despite the efforts of Cloud BI vendors making it easier for users to acquire, explore, and analyze data sources without IT dependency, lack of data literacy and analytic skills still hinder widespread adoption for data-driven decision making.  But the industry is undergoing a fundamental transformation. The mainstream arrival of Artificial Intelligence (AI) brings with it the potential to finally meet the demand for actionable, enterprise-wide, fact-based decision making.

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Inside the Mind and Methodology of a Data Scientist

When you hear about Data Science, Big Data, Analytics, Artificial Intelligence, Machine Learning, or Deep Learning, you may end up feeling a bit confused about what these terms mean. And it doesn’t help reduce the confusion when every tech vendor rebrands their products as AI.

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Seven Steps to Success for Predictive Analytics in Financial Services

Remember when you began your career and the prospect of retirement was an event in the distant future? How many of the poor decisions you made over the years could have made for a better retirement outcome had you had a crystal ball to see into the future? With better knowledge about the future, would your decisions have been different?

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How Are You Analyzing and Adjusting to the Mobile Shopper?

Every retailer is facing a similar challenge. If you are a retailer and constantly feel the pinch from online giants like Amazon and Google, you have an opportunity to gain back control and competitive advantage with more personalized products and services, building that intimate relationship that these giants simply cannot provide.

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What AI Means to a Data Scientist

How many times have you wished for more hours in the day so you can complete more tasks? A key goal of AI or machine learning automation is to have machines complete tasks for you, freeing up time so you can focus on the more complex, higher-value tasks. However, there are simply not enough data scientists in the world to deliver on the AI potential. Data scientists building AI applications require numerous skills – data visualization, data cleansing, artificial intelligence algorithm selection and diagnostics. What if some of these data science tasks could be automated using AI, increasing data science productivity to tackle more AI use cases?

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What AI Means to a Retailer Dedicated to Customer Experience

Retailers are focused more than ever on quickly adjusting to changing customer preferences and demand. Specialty’s Café and Bakery is a great example of a retailer that is using data to drive decisions related to product development and selection, inventories, staffing, and more to attract and keep customers.

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Will AI Increase the Reach of BI and Analytics?

The business intelligence (BI) assembly line is broken, with adoption or utilization rates of only 30 percent in a typical organization, according to Gartner[1]. These adoption rates include all the users of the BI system – administrators who manage the system, analysts who build reports, and business users who consume reports for better decision making. This underutilization ignores employees outside the BI system who could be using valuable data to make better decisions. No one can argue that business performance and innovation are negatively impacted when data assets are not fully leveraged for decision making.

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