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Augmented analytics, automated tools facilitate data analysis
This article is part of the Business Information issue of October 2018, Vol. 6, No. 5
Augmented analytics sounds futuristic -- and BI and advanced analytics vendors are increasingly moving to make it a here-and-now reality, along with automated machine learning, search-based querying and other technologies that have a common goal to simplify and streamline the analytics process for users. In particular, augmented analytics and its cohorts are designed to make it easier for business users and the growing population of so-called citizen data scientists -- business analysts and other workers who lack formal data science training but are building predictive models themselves -- to drill down into data sets and gain valuable insights from BI and analytics applications. These emerging technologies do arrive at the same point, but they come at it from different directions. Augmented analytics -- or augmented intelligence, as some vendors characterize it -- embeds machine learning algorithms and other advanced analytics functionality into BI tools to point users toward relevant data, help them prepare it for analysis and...
Features in this issue
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Augmented analytics, automated tools facilitate data analysis
From Tableau to Google, vendors increasingly incorporate augmented and automated analytics tools into their software to speed analytics work and open it up to more users.
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Automated predictive analytics tools spawn wannabe scientists
They don't own the same depth of data science skills, but automated predictive analytics tools hatch a new breed of 'data scientists' who can produce actionable predictive models.
News in this issue
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Augmented analytics reveals the hidden side of things
The rise of augmented analytics empowers businesses to find correlations in data that might very well be the critical difference in operational efficiency and cost savings.
Columns in this issue
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UCSD graduates to advanced analytics with SAP HANA platform
The University of California, San Diego implemented an SAP HANA platform that uses advanced analytics and machine learning to run operations and help students graduate on time.
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What-if business planning simulation at its predictive best
Simulating timely and accurate business scenarios can be an essential competitive weapon for predicting the performance, pitfalls and benefits of strategic initiatives.