As we delve into the current state of the analytics industry, one cannot overlook the transformative power of Augmented Analytics tools. Gartner’s description of Augmented Analytics involves leveraging advanced technologies like Machine Learning and Artificial Intelligence to aid in data preparation, the generation of insights, and the explanation of those insights. This approach enhances the way individuals explore and analyze data within analytics and business intelligence (BI) platforms. This approach not only empowers data analysts, but also enables all business users to harness the full potential of data without requiring advanced technical skills.
Decision Intelligence, a closely related field, focuses on leveraging data and analytics to optimize decision-making processes. This synergy between Augmented Analytics and Decision Intelligence is reshaping the way businesses operate, providing them with a competitive edge in the data-driven era.