Augmented Analytics Market - Growth, Trends, COVID-19 Impact, and Forecasts (202Posted by Statzy Market Research on May 18th, 2021 With the dominance of business intelligence, augmented analytics solutions have been designed to facilitate the automated insights that can be leveraged to assess the performance and overall brand health, identify growth pockets and opportunities, which determine a holistic understanding of how the brands can be fit to the marketplace. All of these factors contribute to a solid business strategy sought after by the end-user in order to augments the market. - The huge adoption of Business Intelligence tools has impacted the market positively. With the already implemented infrastructure, it becomes easier for companies to shift to augmented analytics. - The different level of analytics capabilities that arise across the business ecosystem has been suitably targeted by the vendors to create a niche place for themselves where they can leverage over the market experiencing further growth of the market. For sample report please visit : https://www.statzyreports.com/report/sr498558/augmented-analytics-market - The adoption of Big Data across the retail sector has led to an increase in the adoption rates of Augmented Analytics. According to SAS Institute, estimated adoption rates of Big Data in the United Kingdom in 2020 is forecasted at around 59%. This showcases the huge potential for augmented analytics and thus, can provide a great advantage in th online retail segment. - Augmented intelligence systems can be implemented on top of the end-users industries in current retail technology. Rather than working with the human intelligence altogether, businesses can work on developing automated systems for data preparation, machine-based algorithms, deep learning, advanced analytics, and insight discovery to aid decision-making at all the levels of the retail business. - Analytics have faced adoption challenges in retail segment, but now it has been integrated along with the augmented analytics solutions. For instance, with the use of augmented analytics and NLP, any in-store salesperson can simply ask about the top things that they can do to improve the sales and get a well-analyzed and complete answer from the system. - Data consumers were burdened with several repetitive, time-consuming tasks that required very little intelligence. With the introduction of AI, these tasks are being automated and can be conducted real-time, thereby increasing human productivity multifold. With the ever-increasing competition amongst the manufacturers in the United States region, productivity maximization can help them to achieve increased profits, thereby expanding their overall revenue. - With the adoption of augmented analytics, the analyst over th region focuses on the analysis portion, without spending much time of data cleaning earlier which consumes the maximum time. This result in increased efficiencies and thus can result in a huge competitive advantage in a competitive marketplace across the United States & Canada. According to Clutch.co, the share of businesses using artificial intelligence (AI) on the cloud in the United States increased from 5% in 2014 to 18% in 2017. The infrastructure developed for AI acts as a strong base for further development of Augmented Analytics across the region. - May 2019 - Qlik unveiled a new set of multi-cloud and augmented intelligence capabilities. It’s noteworthy because it makes Qlik one of the only providers in the marketplace able to offer its software via broad multi-cloud deployments, and all of them are available under single subscription licensing. For sample report please visit : https://www.statzyreports.com/report/sr498558/augmented-analytics-market Like it? Share it!More by this author |