Generative AI (Gen AI) uses natural language processing (NLP) to assist both everyday users and seasoned data experts. It unlocks many of the capabilities of analytics software, making them accessible to a wider audience.
Business value from AI and BI
Gen AI-powered chatbots can assist data professionals with many tasks, including:
- Building data models
- Preparing data for analysis
- Merging tables
- Summarizing data
- Creating a semantic model to support analysis
This AI assistance not only simplifies tasks, but it also saves time. Data professionals gain productivity through smoother workflows. LLMs (large language models) and Gen AI streamline their work with SQL and editing or creating data models. Instead of having to write the necessary SQL statements or other code, data professionals can enter a natural language description of what is needed, and Gen AI can produce the appropriate, optimized response.
At the same time, making AI capabilities accessible to end users can free up data professionals – such as data scientists – to focus their time and attention on more complicated tasks. With Gen AI, business users can find the answers they need to make informed decisions. They don’t need help from data professionals, even if they lack data skills.
Data visualization with AI and BI
Natural language processing and Gen AI also enable data professionals to instantly design and build powerful visualizations and dashboards to communicate information to end users.
With Gen AI-powered business intelligence tools, the data professional simply describes the type of analysis he or she wants to perform, what data to use, and how to display the analysis, and AI-enhanced BI tools can deliver a first draft.
This data visualization may need to be fine-tuned, but having a well-developed starting point saves time. In addition, the data professional can use NLP instructions to make the necessary revisions. This supports increased productivity and enables the professional to share information more efficiently.
The combination of AI and BI enables the enterprise to better democratize access to data. Data professionals no longer have to do the heavy lifting to break down barriers to data insight and understanding. With the support of Gen AI, they can improve data-driven decision making by empowering more people to access, analyze, and act on data sets.
AI + BI = Strategy
Realizing the full business value of AI for your organization can be expensive and time-consuming. Training ML and generative AI in the workplace typically requires large amounts of data, powerful computing resources, and the skills and time of data professionals to get the systems up and running. But there’s an easier way to bring the power of Gen AI and BI to your organization.
By partnering with a BI vendor like Strategy, you can take advantage of Gen AI capabilities built on widely used, enterprise-ready LLMs. Your company doesn’t have to start from scratch. Nor do you have to worry about keeping up with the latest developments in a field that is constantly being disrupted.
With pre-built tools, you can improve your business quickly and effectively. These data analysis tools highlight your unique data and provide customized insights. This approach is often better than building solutions in-house.
Follow us to learn more about the current state of data management, working with data, AI, BI, and what’s possible with Strategy Auto Express.
(source: https://www.strategysoftware.com/blog/supercharging-data-professionals-with-ai-driven-bi)