AI in Analytics: Powering the Future of Data Analytics - Dataconomy

Augmented analytics: the combination of AI and analytics is the latest innovation in data analytics. For organizations, data analysis has evolved from hiring "unicorn" data scientists – to having smart applications that provide actionable insights for decision-making in just a few clicks, thanks to AI. Augmenting by definition means making something greater in strength or value. Augmented analytics, also known as AI-driven analytics, helps in identifying hidden patterns in large data sets and uncovers trends and actionable insights. It leverages technologies such as Analytics, Machine Learning, and Natural Language Generation to automate data management processes and assist with the hard parts of analytics. The capabilities of AI are poised to augment analytics activities and enable companies to internalize data-driven decision-making while enabling everyone in the organization to easily deal with data.