{"id":15070,"date":"2020-12-21T20:58:24","date_gmt":"2020-12-21T15:28:24","guid":{"rendered":"https:\/\/cigniti.com\/blog\/?p=15070"},"modified":"2020-12-21T20:58:24","modified_gmt":"2020-12-21T15:28:24","slug":"augmented-analytics-business-intelligence-solutions","status":"publish","type":"post","link":"https:\/\/www.cigniti.com\/blog\/augmented-analytics-business-intelligence-solutions\/","title":{"rendered":"Deliver value faster with Augmented Analytics"},"content":{"rendered":"<p><span data-contrast=\"auto\">Data and analytics have become critical for navigating an organization\u2019s strategic decisions. We have been talking about data being the new oil and the propeller for digital transformation for quite some time now. But the data alone is more or less useless \u2013 it is just numbers, figures, and some charts, which do not tell anything.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">For organizations to be able to develop, implement, and propagate well-informed and carefully-designed strategies, they need insights and not just plain numbers. The numbers need to tell a story about what has been, what is, and what will most probably be.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The insights that the numbers offer constitute the function of business intelligence, which organizations have been using for years to determine their next course of action.\u00a0<\/span><span data-contrast=\"auto\">However traditionally, business intelligence involved extensive manual churning of data to derive valuable information.\u00a0<\/span><span data-contrast=\"auto\">Today, with the rapid increase in the scale and volume of data-generating elements, from IoT devices to smart phones, traditional business intelligence is demanding a swift pivot to\u00a0<\/span><span data-contrast=\"auto\">a\u00a0<\/span><span data-contrast=\"auto\">more efficient and less labor-intensive<\/span><span data-contrast=\"auto\">\u00a0process.<\/span><span data-contrast=\"auto\">\u00a0This is where Augmented Analytics comes in.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Gartner defines Augmented Analytics as<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">\u201c<\/span><span data-contrast=\"auto\">the use of enabling technologies such as machine learning and AI to assist with data preparation, insight generation and insight explanation to augment how people explore and analyze data in analytics and BI platforms. It also augments the expert and citizen data scientists by automating many aspects of data science, machine learning, and AI model development, management and deployment.<\/span><span data-contrast=\"auto\">\u201d<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Let us understand how Augmented Analytics, with the help of smart next-gen technologies like Artificial Intelligence, Machine Learning, and Natural Language Processing, is changing the face of data-driven business intelligence.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Limitations of traditional Business Intelligence<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Traditional Business Intelligence process comprised two parts \u2013 data collection and data analytics.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The process required employment of highly-skilled professionals with rich technical expertise to collect data from multiple, disparate sources, and then apply analytical scheming to the collected information to produce business-critical information. The main drawbacks of\u00a0<\/span><span data-contrast=\"auto\">this process are:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Firstly, there was a shortage of the right resources who have the desired skillset and expertise to efficiently perform data mining &amp; analysis.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">As the entire process was manual, it was highly prone to errors. Erroneous results may lead to expensive and embarrassing mistakes that could cost an organization its reputation, customers, and brand value.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Manual data analysis being extremely time-consuming extends the duration between the initiation and completion of the process. By the time the analysis is completed, the data becomes outdated and insights render to be redundant.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">Need for a smarter business intelligence solution<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Organizations could afford to spend several months on mining a particular data set in the pre-digital era. But now, when about 2 MB of data is being generated every second for every person on earth,\u00a0<\/span><span data-contrast=\"auto\">business intelligence solutions need to get faster and smarter. The modern business intelligence solutions are required to:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Accelerate collection of data from the disparate sources such as cloud storage, IoT sensors, in-house data bases, and software applications in real time<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Verify and validate the authenticity, relevance, completeness, and correctness of gathered data<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Perform deep mining and analytics on the collected data to produce the desired information and insights<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Offer the derived insights in a quickly-scannable and legible format such as dashboards<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">AI in analytics<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">AI is what essentially augments the modern business intelligence solutions. But its role does not limit to automation and acceleration of the traditional manual process. The augmentation part involves making the business intelligence solutions smarter such that the analytics process is integrated with predictive and decision-making capabilities.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">With simple automation, the business intelligence process is only sped up. With AI-driven automation, business intelligence solutions become capable of autonomously driving the data ingestion, data integration, and data analytics process. Further, based on the historical data and observed patterns and behaviors, the AI-driven business intelligence solutions can bestow predict capabilities to an organization for anticipating future course of action proactively.<\/span><span data-contrast=\"auto\">\u00a0In combination with Machine Learning algorithms and\u00a0<\/span><span data-contrast=\"auto\">Natural Language Processing techniques, AI can hold the hands of manual resources to help them comprehend the value of the insights. With increasing sophistication in AI technology, we can expect it to completely take over the manual processes by carefully identifying the types of queries needed to extract the required information to offering key inputs on the steps that human resources should take for deriving maximum value out of the obtained insights.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">To sum up<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The implementation of technologies like AI, ML, and NLP enable an organization to democratize data across its business verticals. Democratization of data and augmented analytics offer quick and easy access to valuable insights for accelerating decision making.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Cigniti leverages its experience of having tested large scale data warehousing and business intelligence applications to offer a host of\u00a0<\/span><a href=\"https:\/\/www.cigniti.com\/services\/bigdata-testing\/?utm_source=blog&amp;utm_medium=hyperlink&amp;utm_campaign=BigData\"><span data-contrast=\"none\">Big Data testing services and solutions<\/span><\/a><span data-contrast=\"auto\">\u00a0such as BI application Usability Testing. Cigniti\u2019s open source big data testing tools help evaluate the reporting app for end-user\u2019s adaptability and continuously review the observations with user &amp; dev group, as a part of our Agile and DevOps testing.<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">Cigniti Testlets offer point solutions for all the problems that a new age Big Data application would have to be go through before being certified with QA levels that match industry standards.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.cigniti.com\/contact-us\/?utm_source=blog&amp;utm_medium=hyperlink&amp;utm_campaign=ContactUs\"><span data-contrast=\"none\">Schedule<\/span><\/a><span data-contrast=\"auto\">\u00a0a discussion with our experts today.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data and analytics have become critical for navigating an organization\u2019s strategic decisions. We have been talking about data being the new oil and the propeller for digital transformation for quite some time now. But the data alone is more or less useless \u2013 it is just numbers, figures, and some charts, which do not tell [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":15071,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[203],"tags":[2235,900,3347,2240,200,3348,3349,908,2241,909,3346,1671],"ppma_author":[3727],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Deliver value faster with Augmented Analytics<\/title>\n<meta name=\"description\" content=\"Augmented Analytics, with the help of smart next-gen technologies like Artificial Intelligence, Machine Learning, and Natural Language Processing, is changing the face of data-driven business intelligence.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cigniti.com\/blog\/augmented-analytics-business-intelligence-solutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deliver value faster with Augmented Analytics\" \/>\n<meta property=\"og:description\" content=\"For organizations to be able to develop, implement, and propagate well-informed and carefully-designed strategies, they need insights and not just plain numbers. The numbers need to tell a story about what has been, what is, and what will most probably be. This is where Augmented Analytics comes in. Gartner defines Augmented Analytics as \u201cthe use of enabling technologies such as machine learning and AI to assist with data preparation, insight generation and insight explanation to augment how people explore and analyze data in analytics and BI platforms. 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