TechDogs-"Top 5 Augmented Analytics Tools Of 2022"

Data Management

Top 5 Augmented Analytics Tools Of 2022

By TechDogs Editorial Team

TechDogs
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Overview

Have you tried eating ramen noodles the Jake Peralta way or are you normal? Just leave a few noodles uncooked and sprinkle them on top afterwards as garnishing. Gives you an extra little fun bonus crunch. Trust us (and the amazing detective/genius), give it a try!
 
You see, much like ramen noodles, the world of Data Analytics was fine toiling 24X7 to clean, organize and analyze data. They were happy with the available Data Analytics Tools that would help them process huge amounts of data and draw valuable insights. Then, they discovered their fun bonus crunch – Augmented Analytics!
 
Using this technology, a major chunk of the analysis is automated using Machine Learning and Artificial Intelligence features, especially processes that would ordinarily be handled by a specialist. As you can imagine, Augmented Analytics takes the plain old data analytics tools to a new level giving out actionable insight. If you too want to take your analytics game to the next level, try out Augmented Data Analytics Tools.
 
Here are the top 5 Augmented Analytics Tools that will get you started. Dive in to choose your favorite!
TechDogs-Augmented Analytics Tools Are Cool, Cool, Cool..."Top 5 Augmented Analytics Tools Of 2022"
Remember Andy from Toy Story? The cute little boy is now a tech enthusiast and wants to talk to you about the importance of data for businesses. He says, just as batteries are needed for Buzz Lightyear to go to infinity and beyond, data is required for a company to fly! Data can drastically increase your traction and revenue - if done correctly.
 
However, analyzing data? Dun dun dun! Not as easy as Bo Peep looking after her plastic sheep since data on its own is pretty useless. Raw data needs to be cleaned, sorted, structured and analyzed to give actionable insight. Who can do that for you? Data analysts and data scientists - but they too require sophisticated tools and software to analyze data. 
 
So, once again, technology comes to the rescue! Augmented Analytics Tools focus on automating all your analytical processes, from data preparation to insight generation, helping you refine your business strategies much quicker. Augmented Analytics leverages visual-based data discovery and Machine Learning capabilities to integrate analytics with business intelligence. Moreover, instead of exporting data to another program, you can layer multiple datasets to better understand it through graphs, charts, maps, etc.
 
So, if you're looking to maximize your return on investment, we recommend these top five Augmented Analytics Tools.
 

Top 5 Augmented Analytics Tools Of 2022

 
Power BI
Power BI
TIBCO Spotfire
TIBCO-Spotfire
Qlik Sense
Qlik Sense
Oracle Cloud
Oracle Cloud
IBM Cognos
IBM Cognos
 

Tool 1: Power BI


Microsoft is an American multinational computer technology corporation founded on April 4, 1975 by Bill Gates and his childhood friend Paul Allen. The company is now one of the world's largest software companies with 143 billion US dollars in revenue in 2020 and over 166,475 softies globally (Microsoft employees call themselves softies - cute, we know).
 
Power BI is a unique analytics service that helps professionals connect, explore, visualize and understand their business data. In a traditional Microsoft manner, its associated software products help market its Power BI analytics tool. Reminders in Excel and Office 365, for example, encourage users to utilize the Power BI tool to improve operational efficiency and decision-making. As a result of the built-in advertising and the software giant's already large user base, Power BI can legitimately claim to be the most popular analytics product on the market.
 
This is crucial, as a significant user base leads to continual improvements to the products, an area where Power BI undoubtedly takes the creme. Most importantly, Microsoft has created a remarkable variety of Artificial Intelligence and Machine Learning capabilities with its constant drive to improve and develop new technologies, enabling enhanced Augmented Analytics that has become the fundamental difference in the data analytics industry today.
 

Tool 2: TIBCO Spotfire


TIBCO Software Inc is a powerful force in data-driven solutions that predict business outcomes, solving the world's most complex data challenges. The company won the 2020 DEVIES Award for the Best Innovation in Data Development and Architecture and was named Company to Watch by TechWeb's Intelligent Enterprise 2010 Editors' Choice Awards. Impressive resume, we would say.
 
TIBCO Spotfire is primarily a data visualization platform that is empowered with Augmented Analytics capabilities. While taking care of the essentials like data-wrangling (process of cleaning and unifying vast, complex datasets) and Predictive Analytics, Spotfire also offers location analytics and real-time streaming analytics. If you're looking for a solution that brings Augmented Analytics to you in the most visual and easy-to-comprehend manner, Spotfire would be a good choice.
 

Tool 3: Qlik Sense


The Qlik company, (pronounced "Klik") formerly known as QlikTech Inc., was formed in 1993 and operates on a Software as a Service (SaaS) basis. For the 11th year in a row, the firm has been recognized as a Leader in the Gartner Magic Quadrant for Analytics and Business Intelligence Platforms in 2021. That's some dedication towards building great software!
 
Speaking of great software, much like other business analytics tools, Qlik Sense too started as a data analytics tool and has transformed into an AI-driven Augmented Analytical solution. In fact, it claims to deliver the 'industry's most robust augmented intelligence capabilities for cloud analytics.' Even with this advancement, Qlik Sense has maintained its user-friendly interface. So, you can intuitively explore the tool and train yourself on it. The nicest part is that Qlik doesn't care where your data is, doesn't retain it and doesn't claim ownership of it in its system. The data is kept safe on the infrastructure of your choosing.

The product allows users to examine their datasets through different lenses — charts, graphs or other visuals — to gain new insights into what's happening inside their organizations and drive better decision-making over time. If visualization is your preferred route, then take Qlik Sense for a spin!
 

Tool 4: Oracle Cloud Analytics


Oracle Corporation is a global computer technology company based in the United States specializing in developing database management systems, enterprise software and technological hardware. With a market valuation of more than $160 billion in 2018, Oracle is one of the world's most valuable brands.
 
Oracle Cloud Analytics was launched in 2020 to provide an intuitive interface for data analytics that matters. It also offers Augmented Analytics capabilities like AI-driven insights from smart predictive models. In addition, Oracle has been working on integrating its product suite such as IoT (Internet of Things), Collaboration Data Modeling (CDM), Public Cloud Services and Big Data into this offering, which makes it stand out from other analytical tools available today.

Apart from applications from Oracle, you can also access data from third-party data sources, namely Google Analytics, Salesforce, Dropbox and more from the tool. The reports generated by this tool are visually pleasing, contain rich colors and analytic graphs that make complex datasets easy to understand.
 

Tool 5: IBM Cognos


International Business Machines Corporation (IBM), or the Big Blue (like the cool toys say), is one of the world's largest employers, employing approximately 345,000 people as of 2020. The company was named in Gartner 2020 Magic Quadrant for nine consecutive years and named in the World's Most Valuable Brands by Forbes.
 
IBM is on this list for its analytics tool, IBM Cognos, which recently added Augmented Analytics to its arsenal. The tool offers predictive modeling, Natural Language Processing (NLP) and cognitive computing features that can be used to infer insights from data. It comes with built-in Machine Learning capabilities and can be customized for the needs of a particular business or industry vertical. IBM Cognos also provides interactive visualizations which help answer specific questions in seconds through charts, graphs, maps and dashboards that are quick to understand by non-technical users too.
 

The Sooner, The Better – Augmented Analytics Is Unavoidable


Artificial Intelligence and Machine Learning are becoming vital and inseparable in every industry that they enter. Soon enough, analytics would become impossible without them. Why, you ask? Well, that's because the rate at which we're generating data today is growing exponentially. It is only a matter of time before we start generating so much data that businesses relying on manual or traditional analysis techniques would have to turn to modern solutions.
 
While the choice of the tool is yours, the sooner you invest in an Augmented Analytics Tool, the better it would be for your growth. Every minute that you spend without leveraging your data, your competitors get an advantage over you by leveraging it. So, it's only wise to stay updated than to fall back and die out.

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