We've created a conversational user interface (UI) that allows people to intuitively communicate with databases so they can get answers from their data quickly and easily. What does this look like in practice? We're focused on helping small and medium-sized businesses make their data work for them, so we've built our interface to facilitate data access and analysis through natural language processing and dynamic query building. In simpler terms, users can ask questions in their own words and get answers from the business software they use day-to-day, in real time. We believe that being able to understand and access your data can help you make strong decisions about your business.
Calgary-based Chata Technologies, which has developed a cloud-based conversational application allowing users to access, search, and analyze their business data through natural language, has raised a $4.5 million CAD seed round. "It's been very exciting to see the vast potential and profound implications of Conversational AI-based data interactions." The funding was raised from undisclosed local investors, with the round officially closing in August. The new capital will be put towards the research, development, and implementation of Chata Technologies' new product, Data Messenger, currently under the name Chata.io. Chata Technologies claims that the product is the first conversational interface designed specifically for data query and analysis.
Business today should be as adaptive and flexible as possible, with an ability to change quickly in response to market and environment changes. However, in order to make good business decisions -- whether identifying new opportunities or building an effective business strategy -- you need to be armed with data. So having quick access to information is critical for making rational business decisions. Imagine how many piles of unstructured data McDonalds have to go through and analyze before they decide to add a new dish to its perfectly shaped menu? And the examples are endless.
The pace and evolution of business intelligence solutions means what's working now may need refining tomorrow. From natural language processing to the rise in data insurance, we interviewed customers and Tableau staff to identify the 10 impactful trends you will be talking about in 2018. Whether you're a data rockstar or an IT hero or an executive building your BI empire, these trends emphasize strategic priorities that could help take your organization to the next level.