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Showing posts from December, 2020

TRANSFORMATION OF BI THROUGH AI AND ML DEMOCRATIZATION

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  P eople are eager to know how ML and AI are going to change their business and simplify decision-making .  Businesses are entering into a new era ruled by Data and Analytics. The burgeoning of new big data sources, including smartphones, tablets, and the Internet of Things (IoT) devices, means business no longer wish to be weighed down by huge chunks of static reports generated by BI software systems. They need more actionable insights.  This is inspired a change from reactive to proactive analytics offering alerts and real-time insights. This analytics will allow the organizations to make better use of their operational data while it’s fresh and actionable. Looking at the enormous progression in analytics, it indicates businesses are in need of more mature decision-making. It won’t be wrong to say that today’s business digitization aims at getting to the prescriptive level of analytics, in other words,  “smart”  analytics. Today AI has evolved itself into that  “can’t do without”  t