The most helpful BI recommendations will draw from many connected pieces of data, but analyzing large volumes can take a considerable amount of time. In today’s fast-paced environment, most professionals cannot wait for these insights before they act, rendering them ultimately useless. BI teams need to figure out new systems that will allow them to support their decision makers with accurate, timely analysis that can be put to use immediately. Increasingly, this means leveraging AI-powered solutions.
Since AI can filter and process data at far quicker rates than a human, it is possible to gain answers almost instantaneously – once BI teams train the tool on what data to look at and what to look for. This dramatically reduces the time spent on decision-making, so companies can react quickly to market changes and stay ahead of the competition. The challenge is finding the right tool for your business and learning how to use it in a way that promotes efficiency, rather than adding to the complexity.
In this episode of The BI Report, host Gowri Selka and her panel of expert guests will break down how to leverage AI tools to meaningfully reduce decision-making time. Key features that will be discussed include:
— Personalized recommendations
— Prescriptive analytics
— Faster decision-making with AI-generated insights