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Augmented Analytics and Creative AI are Closing The Data Knowledge Gap

What is Augmented Analytics? 

 

Augmented analytics is an approach to data analytics that employs the use of enabling technologies such as machine learning, artificial intelligence and natural language processing to automate analysis processes such as data preparation, data processing, insight generation and insight explanation; all of which are tasks normally completed by an analyst or data scientist. Simply put, it is used to increase the depth in which people explore and analyze data in business intelligence and analytics platforms through automating data storytelling. Unfortunately, for many companies, especially small businesses, there is a shortage in data scientists that has created a growing skills gap required to employ data stories and use them in their decision making processes. Read on to learn how augmented analytics can bridge this knowledge gap and finally allow anyone within an organization to gain value from data insights. 

 

What is Creative AI? 

 

Recent Improvements in machine learning techniques, such as deep learning and neural networks, have enabled AI to generate imagery, video, text and audio content. Creative AI is when artificial intelligence uses past data to learn from an experience, allowing it to fine tune itself and generate new solutions and recommendations through audio and visual techniques. It ultimately helps in personalizing the output of data insights in a medium that makes the most sense for the end user, overall creating more value in the mass amounts of data businesses collect. 

 

How do they work together? 

 

Companies of all sizes and industries can use augmented analytics, combined with the power of Creative AI, to transform their organization at all roles to gain a deeper understanding of its data and analytics. According to recent research by Gartner, augmented analytics is a disruptive trend that will be a key component in the future of data, and that data and analytics leaders should plan for new Machine-Learning/Artificial-Intelligence based data storytelling capabilities that will automate tasks and drastically transform how analytics as a whole is done. In fact, according to another article, by 2025, 75% of data stories will be generated using augmented analytics and creative AI techniques.  

 

To learn more about how your organization can employ augmented analytics to automate tasks and improve decision-making process, contact info@conversight.aior request a demo.

ConverSight.ai Wins Digital Innovation Awards by Ventana Research in Operations and Supply Chain

Judges of the 14thAnnual Digital Innovations Awards name ConverSight.ai as the winning solution provider in “Operations and Supply Chain”, recognizing technology vendors that best exemplifies innovation in the technologies that support operations or service/supply chain.

 

Indianapolis (June 30th, 2021) — ConverSight.ai, a leading decision intelligence platform that enables users with real-time insights to optimize supply chain operation and inventory levels with its AI assistant, Athena, has been announced a winner of Ventana Research’s 14thAnnual Digital Innovation Awards’ Operations and Supply Chain category. This award is for a technology vendor that best exemplifies innovation in the technologies that support operations or service/supply chain.

 

“The need for optimizing supply chains and introducing substantive improvement requires digital innovation using technology that can provide the value from investment,” said Mark Smith, CEO and Chief Research Officer at Ventana Research. “Congratulations to ConverSight.ai for being the winner of the Digital Innovation Award for Operations and Supply Chain, and providing the innovation that organizations across the world can use to transform their supply chains.”

 

The Digital Innovation Awards identify the trailblazing technologies that have the most striking impact in their respective markets and recognize pioneering vendors that contribute advancements in technology, drive change and increase value for organizations worldwide. Ventana Research analysts select award winners for not just the innovative technology approach, but also how it applies to people, processes, information and technology, the best practices it supports, the degree of team involvement and the technologies, business impact and value.

 

“Supply chains around the world are facing disruption with distributed teams, disconnected systems and manual reporting. Now more than ever, decision makers require advanced, automated visibility into business data to spot critical anomalies and forecast accurately for the future to navigate this challenging business climate,” said Ganesh Gandhieswaran, CEO and Co-founder of ConverSight.ai. “We are honored to be recognized by the prestigious Ventana Research awards and their esteemed analysts as a leader in helping supply chains optimize and manage inventory, meet customer demand, and improve operational agility and resilience with the power of our AI assistant, Athena.”

 

ConverSight.ai empowers decision makers in the supply chain with accurate and user-friendly insights through its patented conversational AI technology that uses natural language processing and machine learning to power its AI business assistant, Athena. Athena connects distributed databases to deliver smart recommendations and insights through 3 key functions: information on-demand, proactive insights and dashboards, and recommended actions. These components combine to create the ultimate supply chain control tower for end-to-end optimization and agility in less than a month.

 

Learn more about the award at https://www.ventanaresearch.com/resources/awards/innovation.

 

ABOUT CONVERSIGHT.AI:

ConverSight.ai, is a decision intelligence and analytics-based platform that uncovers actionable business insights for enterprises through natural language conversations and enables them to take action instantly. The platform generates tremendous efficiencies across organizational hierarchies from junior to senior leadership, reducing report generation costs by over 50%.

 

Founded in 2017, ConverSight.ai, humanizes the interaction between computer systems and the users. By going beyond static, non-adaptive, inconvenient user interfaces and data interactions, ConverSight.ai’s comprehensive platform empowers users to engage with systems using simple dialogue, enabling organizations to make informed and accurate decisions through Natural Language Conversational Interaction. Learn more at www.conversight.ai

ConverSight.ai Selected as a Finalist for the 14th Annual Digital Innovation Awards by Ventana Research in Operations and Supply Chain

Judges of the 14thAnnual Digital Innovations Awards recognize ConverSight.ai as a top three finalist in the “Operations and Supply Chain” category recognizing technology vendors that best exemplifies innovation in the technologies that support the operations or service/supply chain.

 

Indianapolis, IN. (June 15th, 2021) — ConverSight.ai, a leading decision intelligence platform that enables users with real-time insights to optimize supply chain operation and inventory levels with its AI assistant, Athena, has been announced as a finalist for Ventana Research’s 14thAnnual Digital Innovations Awards. This recognizes ConverSight.ai as one of the top solution providers and innovators in the operations and supply chain space.

 

The Digital Innovation Awards identify the trailblazing technologies that have the most striking impact in their respective markets and recognize pioneering vendors that contribute advancements in technology, drive change and increase value for organizations worldwide. Selection is backed by market research and analyst expertise across business and IT.

 

“We are thrilled to be recognized as a top contender in the supply chain arena,” said Ganesh Gandhieswaran, CEO and Co-founder of ConverSight.ai. “As business leaders navigate unexpected changes in demand, production and distribution, ConverSight.ai is helping businesses develop seamless end-to-end operations and accurate planning with the power of analytics and our AI assistant, Athena.”

 

ConverSight.ai empowers decision makers in the supply chain with accurate and user-friendly insights through its patented conversational AI technology that uses natural language processing and machine learning to power its AI business assistant, Athena. Athena connects distributed databases to deliver smart recommendations and insights through 3 key functions: information on-demand, proactive insights and dashboards, and recommended actions. These components combine to create the ultimate supply chain control tower for end-to-end optimization and agility in less than a month.

 

Learn more at the award here.

 

ABOUT CONVERSIGHT.AI:

ConverSight.ai, is a decision intelligence and analytics-based platform that uncovers actionable business insights for enterprises through natural language conversations and enables them to take action instantly. The platform generates tremendous efficiencies across organizational hierarchies from junior to senior leadership, reducing report generation costs by over 50%.

 

Founded in 2017, ConverSight.ai, humanizes the interaction between computer systems and the users. By going beyond static, non-adaptive, inconvenient user interfaces and data interactions, ConverSight.ai’s comprehensive platform empowers users to engage with systems using simple dialogue, enabling organizations to make informed and accurate decisions through Natural Language Conversational Interaction. Learn more at www.conversight.ai

ConverSight.ai Named a 2021 Gartner Cool Vendor in Analytics and Data Science

INDIANAPOLIS (May 18, 2021) – To help distribution customers build long-term operational resilience, ConverSight.ai, a conversational platform that enables users with real-time insights through its AI assistant, Athena, announced it has been recognized as one of four 2021 Gartner Cool Vendors in Analytics and Data Science by the world’s leading research and advisory company, Gartner, Inc.

 

According to the report, “Organizations can achieve broader analytics capabilities in a self-service manner. To achieve more productive self-service analytics and data science, data and analytics leaders should assess these Cool Vendors to build synergies among automation, augmentation, contextualization and composability.”

 

“We are honored to be recognized by the analyst community as a leading provider of self-service data analytics and AI-driven automation,” said Ganesh Gandhieswaran, CEO and Co-founder of ConverSight.ai. “We believe this recognition aligns with the growing demand and importance of conversational AI and the role of AI assistants like Athena in the workplace to make sense of data at all roles and levels of the organizations. 

 

The ConverSight.ai SaaS platform leverages automation and augmentation through its AI assistant, Athena, to provide actionable insights from a single search bar. Contextual and conversational capabilities enable roles across an organization to make faster, better decisions for improved planning, optimized operations and reduced operational costs for organizations.

 

                                

 

Gartner, “Cool Vendors in Analytics and Data Science Julian SunJames RichardsonDavid PidsleyShubhangi Vashisth, 10 May 2021. Gartner subscribers can view the full report here.

 

**Gartner Disclaimer**

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.

 

About ConverSight.ai

ConverSight.ai, is an artificial intelligence and analytics-based platform that uncovers actionable business insights for enterprises through natural language conversations and enables them to take action instantly. The platform generates tremendous efficiencies across organizational hierarchies from junior to senior leadership, reducing report generation costs by over 50%.

 

Founded in 2017, ConverSight.ai, humanizes the interaction between computer systems and the users. By going beyond static, non-adaptive, inconvenient user interfaces and data interactions, ConverSight.ai’s comprehensive platform empowers users to engage with systems using simple dialogue, enabling organizations to make informed and accurate decisions through Natural Language Conversational Interaction. Learn more at www.conversight.ai 

ConverSight.ai Receives New Patent for Contextual and Intent Based Natural Language Processing System and Method

As businesses gather vast amounts of data, they suffer with the problem of being able to extract value from the available information. Artificial intelligence-driven solutions have the ability to understand, organize, and comprehend this data that ultimately increases usability for the customer. ConverSight.ai has developed a contextual and intent based natural language processing system and method, patented this month, to enable businesses to optimize their supply chain through conversational AI.

 

While most businesses have successfully connected to their data, the challenge still lies in accessing it and truly leveraging it for decision making. This patent is a huge step in for creating an accessible, user-friendly interface with data, allowing businesses to glean insights like never before using the words and channels they are most comfortable within.

 

ConverSight’s patent accomplishes three main tasks in understanding and processing natural language questions:

 

  1. Ability to learn and understand in a zero shot or few shot learning setup.
  2. Ability to use layered knowledge to derive new knowledge while interacting with users to learn users behaviour pattern and provide personalization
  3. Ability to understanding the user’s intent and context from previous interaction to  provide insights through contextual learning centered around specified metrics

 

So what does all of this mean? ConverSight.ai’s natural language processing system connects to businesses’ data sources, then transfers the data to ConverSight.ai’s built in AI system where it can be understood by simply loading it in. The AI system picks up on the vocabulary used throughout the data, making note of it for future use.

 

Following the connection to the data source, ConverSight.ai’s AI technology extracts the critical parts of the data, creating charts and graphs depicting the information. These knowledge graphs allow users to have access to easy-to-understand data, without the struggle of mining the data and correlating insights themselves.

 

After extraction and usage of data, ConverSight.ai’s natural language processing system then uses this information to make future predictions and recommendations to the user (i.e. proactive recommendations, suggested search queries, proposed next actions). The technology is able to understand common metrics that the customer desires, and uses contextual learning to propose crucial data for future use – a capability that has not previously been successfully developed in conjunction with natural language processing.

 

While most businesses have successfully connected to their data, the challenge still lies in accessing it and truly leveraging it for decision making. This patent is a huge step in creating an accessible, user-friendly interface with data, allowing businesses to glean insights like never before using the words and channels they are most comfortable with.

 

To learn more about the patent or ConverSight.ai, contact info@conversight.ai or request a demo.

ConverSight.ai selected as a nominee for TechPoint’s Mira Awards honoring ‘The Best of Tech in Indiana’

From a record-breaking 211 total entries, ConverSight.ai was chosen by an independent judging panel to advance as a nominee for three categories: Startup of the Year, Tech Product of the Year, and Pandemic Pivot of the Year

 

Winners will be announced Thursday, April 22, 2021 during a virtual live broadcast

 

Indianapolis, Ind. (Feb. 16, 2020) — [Conversight.ai]   TechPoint, the nonprofit, industry-led growth initiative for Indiana’s technology ecosystem, announced the nominees for its 22nd annual Mira Awards program presented by Salesforce. Indianapolis]-based Decision Intelligence software company, ConverSight.ai, has been named a nominee for three categories: Startup of the Year, Tech Product of the Year, and Pandemic Pivot of the Year.

 

The Mira Awards is the state’s largest and longest-running technology excellence and innovation recognition program, and the annual gala celebrates the “The Best of Tech in Indiana.” Last year, an estimated 5,000+ people watched the first-ever virtual live broadcast of TechPoint’s Mira Awards gala.

 

“We are honored to be recognized by TechPoint in three categories for the second year in a row. Despite the challenges of 2020, our team worked diligently to continue to provide for our customers and offer solutions to businesses struggling with unforeseen circumstances,” said Ganesh Gandhieswaran, CEO and Co-founder of ConverSight.ai. “Now more than ever, we need the support of our communities and we are proud to be a contributor to the advancement and resilience of fellow Hoosiers and beyond.”

 

WATCH VIDEO recap of the Mira Awards gala virtual live broadcast from 2020.

 

“The Mira Awards perennially celebrate remarkable growth and achievement by Hoosiers across our tech community. This year’s nominee stories also demonstrate inspirational and remarkable creativity, resilience, and persistence amidst the challenges of a pandemic,” said Mike Langellier, president and CEO of TechPoint. “We invite Hoosiers across the state to register and tune in the night of April 22nd to hear these stories and celebrate with us.”

 

Honors are given for Tech Product of the Year, Innovation of the year, Service Partner of the year, Investor of the Year, Rising Entrepreneur Award, Tech Education Award, Community Impact Award, Exceptional Employer Award, Startup of the Year, Scale-up of the Year, Large Enterprise of the Year and Pandemic Pivot of the Year.

 

Nominees were selected by 52 independent judges who evaluated and ranked the applications. In early March, nominees will present their cases and be interviewed by judging panels, after which the judges will select the winners following deliberations. The Judges include company founders, CEOs and presidents, CTOs, CIOs, and other community leaders and subject matter experts.

 

The nominees include individuals, community organizations, investors, education institutions, cities, and tech employers with remarkable achievements in the prior year. In aggregate, the 53 company nominees that provided data employ more than 18,600 people in the state of Indiana and they represent nearly $8.54 billion in annual revenue. Also represented are newly launched startups and fast-growing scale-ups that achieved three-digit and even four-digit percentage revenue growth in calendar-year 2020.

 

The 2021 Mira Awards nominee class is the most diverse in the program’s 22-year history with 36% of all nominees (44 entries total) being women, people of color, immigrants or more than one of these intersectional groups in an owner, founder or CEO/president role.

 

In addition to the 13 adjudicated categories, two special industry recognition awards — the TechPoint Trailblazer Award and the TechPoint Foundation for Youth Bridge Builder Award — are selected by the TechPoint and TechPoint Foundation for Youth boards of directors. Both awards are announced prior to the Mira Awards gala in April.

 

ABOUT CONVERSIGHT.AI:

 

ConverSight.ai, is a decision intelligence and analytics-based platform that uncovers actionable business insights for enterprises through natural language conversations and enables them to take action instantly. The platform generates tremendous efficiencies across organizational hierarchies from junior to senior leadership, reducing report generation costs by over 50%.

 

Founded in 2017, ConverSight.ai, humanizes the interaction between computer systems and the users. By going beyond static, non-adaptive, inconvenient user interfaces and data interactions, ConverSight.ai’s comprehensive platform empowers users to engage with systems using simple dialogue, enabling organizations to make informed and accurate decisions through Natural Language Conversational Interaction. Learn more at www.conversight.ai

 

ABOUT TECHPOINT:

 

TechPoint is the nonprofit, industry-led growth initiative for Indiana’s technology companies and overall tech ecosystem. The team is focused on attracting talent, accelerating scale-up companies, activating the community and amplifying stories of success. For more information, please visit www.techpoint.org.