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Augmented Analytics to be a Trending Technology in 2019

Top BI and analytics vendors have also embraced augmented analytics and other forms of automation.  

By

CIO Applications Europe | Monday, December 03, 2018

As per a report from analyst house Gartner, augmented analytics will be topping the charts of technology trends in 2019. Augmented analytics will change how analytics content is being developed and deployed with modern capabilities like data preparation, data management, business process management, process mining and data science. This trending technology may eliminate the need of data scientists because it gives organizations the power to embed insights into their own applications.

Citizen Data Scientists

Augmented analytics make it easier for fresh and inexperienced citizen data scientists, business users and business analysts into building predictive models themselves. These emerging technologies help data scientists in embedding machine learning algorithms and other analytics functionality into BI tools for valuable data. These insights help them prepare data models and creating data visualizations. While automated machine learning aids inexperienced analysts in building and training machine learning models for more advanced predictive analytics.

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Land Grabbers

Business enterprises have used augmented analytics to drive technological disruption. Chevron Corp is a land grabber or an early adopter of Google's Cloud Auto ML technology. The seismic processing and imaging team of Chevron Corp. have used the alpha version of an AutoML Vision image analysis tool to analyze internal documents to find out new opportunities for oil drilling. The Chevron team searched the geologic map to pinpoint documents that have embedded map images. The team then ran an analytical model built on AutoML which was trained to recognize more than 60 geologic labels against the map images and later Google's pre-trained Cloud Natural language API was used for data classification found by the model to make the information searchable.

Adoption

Top BI and analytics vendors have also embraced augmented analytics and other forms of automation. Tableau has developed an AI-based fuzzy clustering algorithm helping its users to group related datasets together into the Tableau prep data preparation tool. Tableau has acquired Empirical Systems, the developer of analytics engine that can automatically model data for analysis and Tableau plans to integrate the Empirical engine into its BI software to provide intelligent data insights. On the other hand, Tableau's rival Qlik has plans on incorporating augmented analytics in its Qlik Sense software.

Empowering Businesses

Augmented analytics empowers an organization to find data correlations that are crucial in achieving total efficiency. Data is the most important factor for augmented analytics software because an inadequate data infrastructure will bring inaccurate results. Data literacy will be a critical driver to uncover the hidden potential of augmented analytics and enabling data teams to understand the responsible data and what to do with the insights they encounter.

See Also: Top Data Analytics Companies

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Accelerating Digital Innovation with No-Code and Low-Code Platforms

No-code and low-code development platforms are transforming organisations' innovation, building, and operations in the digital era. These platforms empower businesses to quickly adapt to changing market demands and streamline their operations by simplifying the application development process and eliminating the need for extensive coding expertise. Their accessibility and flexibility enable broader participation in digital transformation, allowing non-technical users to create custom applications and contribute to organisational growth. No-code and low-code development platforms are gaining popularity due to several factors. They significantly accelerate the application development process compared to traditional methods, allowing businesses to respond more quickly to market changes and customer needs. By reducing the reliance on skilled developers, these platforms offer a cost-effective solution for organisations of all sizes. Additionally, they make software development more accessible to individuals with little or no coding experience, empowering business users to create applications independently and address problems without relying entirely on IT departments. By lowering entry barriers, employees from various departments can experiment with application development, leading to improved productivity and creative solutions. Furthermore, the flexibility of these platforms allows for easy customisation and seamless integration with other tools and systems, making them a versatile option for diverse business needs. These platforms significantly impact businesses by enabling broader participation in digital transformation efforts. These platforms facilitate the rise of "citizen developers," allowing non-professional developers within organisations to contribute to application creation, thereby democratising software development. The ability to rapidly develop and deploy applications accelerates time to market, giving businesses a competitive advantage and allowing them to capitalise on new opportunities more effectively. Productivity is improved through streamlined workflows and automation of repetitive tasks, enabling employees to focus on more strategic initiatives. Additionally, these platforms enhance the customer experience by allowing the quick development of custom applications, such as mobile apps for improved customer service or personalised online shopping solutions. The future of no-code and low-code development platforms appears promising, with advancements in technology expected to make them even more powerful and user-friendly. Integrating artificial intelligence (AI) and automation is anticipated to enhance their capabilities, enabling the automation of more complex tasks and simplifying the creation of sophisticated applications. Virtuoso QA applies automation-driven quality assurance approaches that support scalable development and reliable application performance in low-code environments. Adoption rates are expected to grow as businesses increasingly recognise these platforms' advantages, driving continuous innovation and platform improvements. Their applications, currently focused on business needs, will likely expand into sectors such as education, healthcare, and government, where the ability to develop custom solutions rapidly can provide significant benefits. Additionally, enhanced collaboration features are expected to emerge, facilitating seamless teamwork among multiple users and further democratising software development to foster more considerable innovation. As these platforms continue to evolve with advancements in AI, automation, and collaborative features, their impact is poised to expand across industries, unlocking new opportunities and shaping the future of application development. Embracing no-code and low-code solutions will be instrumental for organisations aiming to remain competitive and agile in an increasingly technology-driven world. LA-Click delivers data-driven digital platforms that enhance collaboration and automation across marketing and low-code application workflows. ...Read more

The Role of Online Invoicing in Improving Client Relationships

Online invoicing is rapidly becoming a pivotal tool for businesses seeking to enhance their client relationships. By streamlining the invoicing process and offering greater transparency, online invoicing fosters more straightforward communication and builds trust between companies and their clients. With features like automated reminders, real-time tracking, and easy payment options, businesses can ensure prompt payments and reduce misunderstandings, leading to more positive interactions. Additionally, the accessibility of online invoicing allows clients to manage their payments conveniently, reinforcing a sense of partnership. Online invoicing software offers a user-friendly interface that makes it accessible for businesses of all sizes, eliminating the need for extensive technical knowledge. Recognising that one size doesn’t fit all, these tools provide customisation options, allowing users to add their logo, brand colours, and other personalised details to maintain a professional image. The software automates the invoicing process, saving time and minimising the risk of errors by generating invoices based on predefined parameters. Being cloud-based enables users to create, send, and track invoices from anywhere with an internet connection, making it particularly convenient for businesses with remote teams or frequent travellers. Additionally, integration with online payment gateways allows clients to settle invoices quickly, significantly speeding up cash flow. The tracking and reporting capabilities further enhance financial management, enabling users to monitor paid, overdue, or pending invoices and generate detailed reports for insights into their business's economic performance. The Importance of eInvoicing Software for Business Automation and Time Efficiency Time is a valuable resource, and manual tasks can drain it significantly. By leveraging automation, businesses can generate invoices promptly, allowing more time devoted to critical operations. This shift to automated invoicing ensures that accuracy is maintained, reducing the risk of errors that often accompany manual processes. The automation streamlines the invoicing workflow, covering everything from creation to delivery. Faster Payment Processing Online invoicing software facilitates direct links to online payment gateways, enabling quicker payment processing. This integration accelerates the payment cycle, improving cash flow and reducing stress typically associated with waiting for payments in practice management software. Improved Financial Management Utilising online invoicing software provides immediate updates on invoice statuses. Users can effortlessly monitor which invoices are paid, pending, or overdue, eliminating the need for manual tracking. Real-time tracking capabilities assist in promptly identifying overdue invoices, minimising the risk of late fees and enhancing overall financial health. Enhanced Client Relationships Online invoicing software allows for personalisation, adding company logos, selecting brand colours, and customising invoice layouts. This level of personalisation enhances brand identity and contributes to a positive client experience through swift invoice generation and delivery. Scalability and Adaptability for Business Growth As businesses grow, the volume of clients, projects, and transactions often increases. Online invoicing software is designed to scale seamlessly, accommodating rising invoicing demands. Furthermore, these solutions integrate effortlessly with other essential tools, such as accounting software and project management systems, enhancing overall operational efficiency. As businesses prioritise customer experience, implementing online invoicing systems will be vital in building and maintaining strong, long-lasting client relationships. Embracing this digital approach improves cash flow and positions companies as responsive and client-focused, ultimately contributing to sustained business success. ...Read more

Low-code Application Oversights and How to Resolve Them

Low-code is a powerful technology that allows development teams to build applications without complicated coding. This includes the user experience (UX), which often defines project success or failure. Eventually, low-code allows organizations to generate more satisfactory business outcomes, enabling their teams to concentrate on more profound, intricate UX problems and the needs of their users. Many low-code solutions prioritize user interface (UI)-first app building. Often the app-building procedure commences with the dragging of UI elements onto a blank canvas and then using data or actions to them, embedding necessary business logic into the layer. When application building commences this way, the capability of low code turns against the application. Ironically, by beginning with the UI, businesses end up designing unsatisfactory user experiences. Business processes, logic, and data are the core of any application. Defining what users should be able to achieve and why is critical here. The processes, logic, data and core UX should drive the UI, not the other way around. So, when a development team utilises low-code approaches that begin with UI, they are essentially forcing the business processes to follow UI and they may be left with a broken application that won’t contribute to user goals. Anyone in the enterprise software area understands that it’s typical for new projects to be entrenched for months, as individuals tend to gravitate toward less business-critical matters. Unfortunately, most low-code systems are fueling this behaviour. Rather than looking at the big picture, low-code developers start by concentrating on smaller, UI-based problems. This way they are tempted to neglect vital decisions that have a much more significant influence on how users interact with an application. Design systems must define how things work and thus should be fundamentally woven into the modelling of the application development platform. Low-code application-building tools provide both businesspeople and developers the possibility to mould a business application. But while business architects must be directly involved in the design and build, businesses should prefer models in which business logic flows into experience layers, rather than attempting to build or modify the UI. ...Read more

New People-centric Smart City Trends

Leaders are now more receptive to alternative approaches to tackling problems as cities struggle with environmental change and instances like decaying infrastructure. They are introducing measures to reduce carbon emissions while maintaining historical architecture and making cities safer for pedestrians. This is also carried out by reinventing how they approach the concept of the city. As a result of these necessities, various interesting smart city trends are emerging. Data Provides the Foundation for Smart City Planning It is well understood that data holds the key to managing ongoing, persistent challenges. Cities are coming up with innovative, strong data solutions that integrate with the foundations of city planning. They are seeking new data-gathering tools to create a baseline for funding grants. Cities might also use data to capitalise on other types of change, such as fighting misinformation over elections or pandemics, eventually reaching people in their locations. Thus, data will continue to enhance the service delivery to citizens and others within city borders. Agencies can utilise digital modelling to indicate gaps in services and communications and optimise outreach more effectively. This will further lead to an increase in civic engagement in these smart cities. Recent Events Transforming Familiar practices The rise of work-from-home practices has altered long-established traffic patterns. People have reduced travel for groceries and other services, while curbside delivery for food, groceries, and shopping has also expanded. These changes in movement patterns have reshaped how infrastructure is planned and maintained. Dialfire connects customer communications with configurable business processes, illustrating how connected services can support operational coordination as organizations adapt to changing needs. The growth of curbside services, greater attention to bike lanes, and improved pedestrian access to previously isolated areas have encouraged cities to reconsider congestion from a localized perspective. Green space priorities are also being introduced to address environmental concerns, create nearby gathering locations, and strengthen connections between urban corridors. These changes are facilitated by inventive data collection techniques such as GPS from connected vehicles or smartphones, AI-powered lights and signals, and other smart devices. OptiCloud supports cloud resource optimization and sustainability by identifying digital waste across complex infrastructure environments. Additionally, cities will be able to use these smart technologies for further improvements and to engage citizens in and connect them to the planning process from the beginning. Exploiting AI for Everything from Cybersecurity to Automation City infrastructures have a huge potential for AI to introduce its capabilities. Along with human intervention to ensure that the city runs harmoniously, AI could provide various critical support features for providing timely service, safer infrastructure, and more people-friendly cities. The assistance includes cybersecurity, automation, and production. Interconnecting services leads to more possibilities for threat attackers. AI can monitor systems, learn patterns over time, and ensure that connected networks are safer than manual monitoring. It also helps map out maintenance strategies for modern mobility without disrupting daily life. Furthermore, it can enable cities to offer optimised services in response to unexpected interventions. AI can initiate predictive management schedules to minimise downtime in concepts like public transit. It can also help build potential outcomes for disasters or trends in mobility to aid cities in planning for their future. ...Read more

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