Business Intelligence (BI) has long been the go-to solution for organisations seeking insights from their data. Traditional BI methods involve the utilisation of data marts, report development, and using complex visualisation tools. However, chat-based analytics has brought about a paradigm shift in how businesses interact with and leverage their data. By eliminating the need for data marts and report development, and instead relying on auto-generated knowledge graphs, auto-generated visualisations, and reports based on natural language questions, chat-based analytics offers a streamlined and cost-effective approach to accessing business insights.
- Auto-Generated Knowledge Graphs: Connecting Data Effortlessly
One of the primary advantages of chat-based analytics, such as CHAT WITH YOUR DATA™, is the ability to leverage auto-generated knowledge graphs. These graphs enable direct connections to the data warehouse or business vault, leveraging normalised table structures that are both performant and easily accessible. By using natural language queries, users can instantly extract meaningful insights without the need for complex SQL queries or custom report development. This simplification of data access empowers business users to become more self-sufficient in their analytical endeavours.
- Auto-Generated Visualisations and Reports: Instant Insights at Your Fingertips
Another key benefit of chat-based analytics is the automatic generation of visualisations and reports. Rather than spending significant time and resources on creating custom reports, chat-based analytics platforms can generate visual representations of data, solely based on natural language questions from the users. Whether it's line graphs, bar charts, or pie charts, the platform automatically selects the most suitable visualisation type to convey the requested insights. This not only saves time but also eliminates the need for specialised reporting skills, making data exploration and analysis accessible to all, and thus, enabling data-driven decision making.
- Massively Reduced Total Cost of Ownership (TCO)
The elimination of data marts and report development presents a substantial cost advantage with chat-based analytics. Traditional BI implementations require significant investments in the reporting layer (such as data marts and views) and report development. With chat-based analytics, the data foundation remains intact, leveraging existing data pipelines and the data warehouse or business vault. As a result, the cost associated with maintaining and expanding complex data structures is drastically reduced. The platform's auto-generation capabilities also save on resources by minimising the need for specialised skills and reducing the time spent on manual report creation.
- Enhanced Data Accessibility and Democratisation
Chat-based analytics platforms democratise data access and analysis by empowering business users to directly interact with data using natural language queries. This eliminates the dependency on technical resources for data extraction and report generation, allowing individuals across the organisation to gain insights on their own. By breaking down the barriers to data access, chat-based analytics fosters a data-driven culture where decision-making is based on real-time insights.
- Seamless Integration with Existing Data Infrastructure
Implementing chat-based analytics does not require a complete overhaul of existing data infrastructure. Instead, it seamlessly integrates with the data pipeline and leverages the data warehouse or business vault already in place. This ensures that organisations can continue to leverage their existing investments while embracing a more intuitive and user-friendly approach to data analysis. By bridging the gap between users and data, chat-based analytics enhances the value of the existing data infrastructure.
Unleash the Cost-Savings and Start Enabling True Self-Service BI
Chat-based analytics represents a significant advancement in Business Intelligence, revolutionising the way organisations access and derive insights from their data. By leveraging auto-generated knowledge graphs, visualisations, and reports, chat-based analytics eliminates the need for data marts and custom report development, resulting in a massively reduced Total Cost of Ownership (TCO). With enhanced data accessibility and seamless integration with existing data infrastructure, organisations can foster a data-driven culture and empower users at all levels to make informed decisions. As the world of analytics continues to evolve, chat-based analytics is poised to play a pivotal role in enabling businesses to unlock the true potential of their data.
If you're interested in learning more about how to start reducing the TCO of BI in your organisation, contact us today and book a free demo to see CHAT WITH YOUR DATA™ in action!
