Technology moves faster than ever before, and the speed just keeps increasing. New developments in security, network architecture, and data analytics change the way we do business so quickly that there has never been a more dynamic business environment. It’s moving so fast that the analysis of data has never been more important, and it’s just getting better with augmented analytics.
But what is augmented analytics and how can it help enhance your edge as a business owner?
What is Augmented Analytics?
Augmented analytics is an approach to data analysis that utilizes machine learning and natural-language generation to automate insights. The combination of these factors allow for a faster response with a greater depth of analysis, for far more data than a team of human analysts could provide. The continued internal learning and development of the process also gives it an edge in the modern analytics landscape.
How Can It Help A Business?
By harnessing the power of machine learning and natural-language generation, the process of analyzing massive amounts of data can now be automated, saving massive amounts of time and money for business owners. This can be extremely helpful for smaller organizations that couldn’t afford the payroll for the kind of team this level of examination would take. This type of data review is faster and has a greater degree of depth than a human being could. Actionable insights of this caliber can be truly game-changing for organizations of all sizes, and truly represent the new standard in data analytics.
AITP is an IT-specific business and networking group designed to help IT professionals expand their skill set, learn from others, and grow their business. If you are looking for more information on industry trends, such as the Internet of Things, or want to network with like-minded professionals, join AITP Charleston today!