Click to learn more about author Kartik Patel. Advanced Analytics is the new frontier of competition and business success. While some businesses have the luxury of employing data scientists and professional analysts to help them sift through and analyze data, others do not have the budget or the structure to support these roles and, even those […]
What is Outlier Analysis and How Can It Improve Analysis?
Click to learn more about author Kartik Patel. This article presents a brief explanation of Outliers, and how this type of analysis is used. What is Outlier Analysis? An outlier is an element of a data set that distinctly stands out from the rest of the data. In other words, outliers are those data points that […]
What is Modern BI and How is it Different From Traditional BI?
Click to learn more about author Kartik Patel. Business intelligence isn’t new but the way we gather, analyze, and digest this intelligence is definitely changing. In the past, business intelligence was delivered to senior executives by IT or business analysts or both. The combination of a fast-paced business environment and limited budgets and resources means that […]
How Can My Business Get the Most Out of Self-Serve Advanced Analytics?
Click to learn more about author Kartik Patel. How does an organization help the self-serve advanced analytics model grow and thrive? Responsibility lies in a number of places within the enterprise. Data Analysts/Data Scientists: If the business is large enough and sophisticated enough to have data analysts or data scientists on its team, those individuals will […]
What is Multiple Linear Regression Analysis?
Click to learn more about author Kartik Patel. Multiple Linear Regression is a statistical technique that is designed to explore the relationship between two or more variables (X and Y). It is useful in identifying important factors (X) that will impact a dependent variable (Y) and the nature of the relationship between each of the factors […]
What is SSDP and Can it Truly Make Analytics Self-Serve?
Click to learn more about author Kartik Patel. Self-serve data preparation (SSDP) is the logical evolution of business intelligence analytical tools. With self-serve tools, data discovery and analytics tools are accessible to team members and business users across the enterprise. What is SSDP? SSDP is a crucial component of advanced data discovery. With self-serve data prep, data […]
What is Hierarchical Clustering and How Can an Organization Use it to Analyze Data?
Click to learn more about author Kartik Patel. This article discusses the analytical method of Hierarchical Clustering and how it can be used within an organization for analytical purposes. What is Hierarchical Clustering? Hierarchical Clustering is a process by which objects are classified into a number of groups so that they are as much dissimilar as […]
How Do You Prove the Value of Self-Serve Augmented Data Discovery?
Click to learn more about author Kartik Patel. How does one measure the effectiveness of a new augmented data discovery solution? Once the business has chosen data democratization and implemented a self-serve analytics solution, it must measure ROI & TCO and establish metrics that will compare business results achieved before and after the implementation. Without measurable […]
What is Natural Language Processing and How Does it Benefit a Business?
Click to learn more about author Kartik Patel. We use natural language processing every day. It makes it easier for us to interact with computers and software and allows us to perform complex searches and tasks without the help of a programmer, developer or analyst. In this, the last article in our three-part series we discuss […]
Successful Augmented Analytics Initiatives Do Not End with Implementation
Click to learn more about author Kartik Patel. The successful implementation of an augmented analytics solution for business users is not just about choosing a cost-effective tool and completing a timely deployment, nor does the process stop with training. In order to get business users to embrace and adopt self-serve augmented data discovery tools, the enterprise […]