The impact of AI on BI visualization
PCQuest
|June,2023
An Al-powered BI dashboard can help organizations streamline operations, increase efficiency, improve accuracy, and predict market trends by transforming the process of analyzing and visualizing BI data
Analyzing and Visualizing BI Data: Can AI Break Through the Clutter?
“A picture is worth a thousand words” is an oft-repeated cliché, but organizations worldwide rely on visuals and other interactive elements to build a narrative around their data. These include reporting business intelligence (BI) solutions and dashboards. However, at times, this overwhelming number of dashboards filled with incomplete information fail to generate insights, trends, or patterns — the veritable “why” behind the data.
The utility of BI dashboards spans multiple sectors — finance, customer services, marketing, management, sales, and procurement, to name a few. However, despite their utility, the adoption rates have stagnated persistently and now stand at a mere 30%, with only 10% of the executives believing that their company is analytically mature. To overcome these shortcomings, organizations aim to develop self-supporting platforms with twofold purposes — real-time analysis onthe-go and delivering actionable insights to enhance decision-making.
Organizations need to introduce artificial intelligence (AI) to the BI solution framework to ensure that the needs of a self-supporting platform are met. With AI in the picture, organizations can streamline their operations, increase efficiency, improve accuracy, and predict market trends. This article will focus on how AI assists organizations in transforming the process of analyzing and visualizing BI data — from traditional dashboards to intuitive decision boards.
The Utility of AI in Business Intelligence
यह कहानी PCQuest के June,2023 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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