Gartner Market Guide for Augmented Analytics

ConverSight has been named in the 2023 Gartner Market Guide for Augmented Analytics for the third consecutive year. “The augmented analytics market is characterized by solutions that provide augmentation across the analytics workflow,” Gartner says. The results of this guide focus on what the key findings of this market displayed along with key market players and recommendations for future industry growth.

See how ConverSight’s generative AI offering, ConverSight GPT, is spearheading augmented analytics for businesses around the world to bridge the gap between business intelligence and data analytics:

Understanding your data with augmented analytics

Senior Director Analyst, David Pidsley says, “Generative AI has transformed augmented analytics capabilities to make insights more accessible and democratized for users by allowing automated insights, code and data. Data and analytics leaders should use this research to navigate the market and scale analytics adoption.”

Augmented analytics and generative AI are slowly bridging the gap between business intelligence and data analytics. This has caused a major collision in markets causing an ever-changing workspace for users. ConverSight’s augmented analytics platform compiles and gives data meaning through just a single search bar.

Augmented analytics helps users make easier contextualized and insight-driven data decisions. With ConverSight’s AI assistant, key insights and recombinations are given to users based on their compiled data. 

Eight other mentions by Gartner also speak to the impact ConverSight is having in businesses as they come to a critical point in their digital transformation journey – one that prioritizes personalized insights and information sharing:

• Emerging Tech Impact Radar: Artificial Intelligence
• Emerging Tech Impact Radar: Data and Analytics
• Hype Cycle for Life Science Commercial Operations, 2022
• Hype Cycle for CRM Sales Technology, 2022
• Infographic: Gartner’s 2021 Heat Index: Connecting Hot, Hype and Cool
• Innovation Insight for Composite AI
• Emerging Technologies and Trends Impact Radar: Hyperautomation

How ConverSight backs BI and data analysts 

Gartner recommends diversifying stakeholders as augmented analytics tools are being utilized. With this in mind, ConverSight is built for all levels and roles, encouraging seamless collaboration and cross-team knowledge sharing for better business decisions across the organization. 

The guide also encourages business leaders to lean into automated recommendations. ConverSight prioritizes this by incorporating data storytelling into the overall user experience. Users are able to digest information in the way they prefer using audio and visual displays of information, all accessible through a single search bar. 

Finally, the guide recommends reducing risks of redundant data. With over 130 integrations and connectors, ConverSight centralizes all of your data into one place and updates as your data changes, ensuring business leaders are never making decisions from old data. 

With the power of ConverSight, business leaders have redefined their relationship with data for a more personalized and contextualized experience. Benefits stretch far and wide across our customer’s organization, including: 

•  The time that the organization spent weekly on analytics is reduced by nearly 110 hours per week. 
• The amount of time it takes an organization to make a decision decreases by more than 60% because of instant insight and data availability. 
• The alignment of the decision making across leaders saw a shift from manual and time-consuming to automated and instantaneous.
• High flexibility of contextual analytics allows stakeholders to focus on what really matters 

Read the full report here. Interested in seeing how your business can jumpstart it’s augmented analytics journey? Request a demo here. 

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.