BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, DATA SCIENCE
Globenewswire | May 10, 2023
ThoughtSpot, the AI-Powered Analytics company, today announced the launch of ThoughtSpot Monitor for Mobile, a new mobile first analytics experience that allows users to stay on top of their critical business KPIs on the go, from any mobile device during Beyond, the company’s annual customer conference, alongside a major update to the company’s platform and extending support for Office 365 with ThoughtSpot for Excel.
Every organization today wants to build its business on data, relying on intelligent, relevant information to guide decisions. Too often, however, critical insights remain buried in data until it’s too late because users don’t know which questions to ask to unearth changes in the data as they happen. Instead, many decisions are made on gut instinct, without data-driven insights. Analytics are used to provide a retroactive explanation of what happened, instead of a proactive view of what is happening, why it is happening, what will likely happen next, and what leaders should do about it.
With Monitor for Mobile, users are in the driver's seat with their data, wherever they are. By simply downloading ThoughtSpot Mobile from the Apple or Google Play stores, users will have access to the Monitor for Mobile feature to get insights on the go, right from their mobile device, without even having to ask for them. Once data teams set up the right data models and infrastructure, Monitor brings all that value to business users seamlessly. Users simply subscribe to specific KPIs and metrics that matter the most to them, and Monitor automatically pushes notifications to their mobile device when these metrics change, letting customers stay as up to date on their business as possible.
Monitor uses AI to take this experience further with key driver analysis, so users know not only what changed, but why it changed, and can drill anywhere to ask their follow up questions and be delivered the same experience. The system analyzes hundreds of attributes behind each KPI, and leverages machine learning to identify what is driving the changes to these KPIs. With generative AI, the system then explains this change so users can easily understand both what changed and why it changed. Armed with this information, users can then take action to either avoid potential risks or capitalize on opportunities as they unfold, increasing decision making by 100x in the process.
“At CWT, one of our key objectives is to empower users to quickly make data-driven decisions. Integration of ThoughtSpot Monitor with our proprietary business intelligence tool enhances our customers’ ability to effectively manage KPIs and helps them to identify key change drivers. With Monitor, our users can ‘set and forget’ KPI alerts, allowing them to focus on more strategic objectives, while Monitor automates these time-consuming activities,” said Logan LaBonne, Senior Product Manager, Data & Analytics, CWT.
“This is an exciting announcement because it enables companies to use AI to monitor KPIs associated with strategic objectives in a business strategy and automatically understand the underlying driver metrics that explain why a KPI has changed. Furthermore, it can be used at all levels in the enterprise and so if deployed correctly, could potentially enable guided mass contribution to common business goals,” said Mike Ferguson, Managing Director, Intelligent Business Strategies.
“The analytics industry for years has promised to help companies bring insights to every decision to drive better outcomes, delight customers, and improve the bottom line. We believe delivering on this promise requires using AI to break from the status quo of drag and drop desktop tools. Customers need a fundamentally new approach to analytics built on AI, where insights come to users where they are, before they even ask for them,” said Sumeet Arora, Chief Development Officer, ThoughtSpot. “With Monitor for Mobile, you have the power of your data team in your pocket, proactively letting you know the health of your business, not after something happens, but as it happens, with an explanation of why it is happening. It’s been incredibly exciting to see our customers use this capability to act in the moment, and capture real business value in the process.”
Monitor for Mobile is currently in preview and will be available on mobile app stores in the coming months. You can learn more here, or try ThoughtSpot for free today.
About ThoughtSpot
ThoughtSpot is the AI-Powered Analytics company. Our mission is to create a more fact-driven world with the easiest to use analytics platform. With ThoughtSpot, anyone can leverage natural language search powered by large language models to ask and answer data questions with confidence. ThoughtSpot enables everyone within an organization to limitlessly engage with live data in any popular cloud data platform, making it easy to create and interact with granular, hyper-personalized, and actionable insights. Customers can take advantage of both ThoughtSpot’s web and mobile applications to improve decision-making for every employee, wherever and whenever decisions are made. With ThoughtSpot’s low-code developer-friendly platform, ThoughtSpot Everywhere, customers can also embed AI-Powered Analytics to their products and services, monetizing their data and engaging users to keep them coming back for more. Organizations like T-Mobile, BT, Snowflake, Exxon, Daimler, Medtronic, Hulu, Royal Bank of Canada, Nasdaq, OpenTable, Huel, and Nationwide Building Society rely on ThoughtSpot to transform how their employees and customers take advantage of data. Try ThoughtSpot today and see for yourself.
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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, DATA SCIENCE
Prnewswire | April 04, 2023
KX today announced the general availability of one of the industry's first Data Timehouse platforms, kdb Insights Enterprise on Microsoft Azure. The offering helps accelerate AI, machine learning (ML) and analytics for AI-driven business innovation based on time-oriented observability of business interactions, decisions, and digital twin infrastructure with up to 100X the performance and 1/10th of the cost of alternative solutions.
A Data Timehouse is a new class of data & AI management platform designed for temporal data generated by digital transformation. They enrich traditional data warehouse and lakehouse stores for a more complete, real-time view of the business.
The Microsoft Azure Data Timehouse, based on kdb Insights Enterprise, includes native support for Python, SQL, temporal analytics, and the ability to process time series data in real-time. It provides data scientists, data engineers, and application developers precision access to temporal data on real-time and massive historical datasets with the Azure native tools they use today.
KX engineering enables data and AI-driven business innovation for Azure customers
The KX Data Timehouse innovation with Microsoft powers any dynamically changing system that requires greater observability, like generative AI, time-based data collection, simulation, and IoT-based systems. It helps the enterprise identify patterns, trends, and causality, and more accurately predict behaviors and forecast results based on what is happening in the moment.
It will target business applications where the processing and analysis of time series and machine data is a critical business requirement—such as market data in financial services, network data in the telecoms industry, patient data in healthcare, and sensor data from factory equipment and smart energy meters.
Kdb Insights Enterprise on Azure helps businesses worldwide deliver more insight from more data, faster, for a fraction of the cost, driving more business value, instant insights, more comprehensive AI models, and reduced risk.
Larry Pickett, Chief Information & Digital Officer, Syneos Health: "Our collaboration with KX and Azure has been instrumental in helping further advance our technology and data capabilities with the goal of accelerating development of new therapies for patients. Together, we are working to use the power of data analytics and AI to unblock data access and compute challenges, to compress both timeframes and costs. We are thrilled to take our work to the next level and deliver even stronger results for customers with kdb Insights Enterprise on Azure.
Ashok Reddy, KX CEO: "With the launch of kdb Insights Enterprise on Azure, we are introducing the industry first Data Timehouse. This innovation enriches cloud data warehouse and lakehouse technologies so that precision time-based data can be a first-class data citizen beside structured, semi-structured and unstructured data. When it comes to operationalizing these ML and AI workloads, kdb Insights Enterprise on Azure is designed for real-time deployment at scale. It was conceived from our work with the demanding time-based enterprises in the world, on Wall Street. Today, enabling data-driven decisions in real-time is at the heart of every digitally transforming enterprise for better operational and commercial outcomes."
Corey Sanders, Corporate Vice President of Microsoft Cloud for Industry: "In partnership with KX, we are pleased to launch one of industry's first Data Timehouse on the Microsoft Azure platform. While in preview, we have already seen impressive results for customers in capital markets, healthcare, manufacturing, and energy. We look forward to working with KX to help businesses achieve transformative growth with kdb Insights Enterprise on Azure."
Available now on the Azure Marketplace, kdb Insights Enterprise on Azure will enable customers to contribute towards their organization's Microsoft Azure Consumption Commitment (MACC) simplifying deployment, adoption, and billing. More information can be found at https://kx.com/partners/microsoft-azure/
About KX
Technology decision makers are often frustrated that, despite ongoing investments, their data systems are not keeping pace with their decision-making needs. They turn to KX to help them act on time-sensitive opportunities where speed, scale, and reliability matter. KX built its technology and reputation in the most demanding data environments in the world.
Since the company’s inception, KX’s singular goal has been to provide its customers with the fastest, most efficient, and most flexible tools for processing real-time and historical data to derive actional insights that drive critical business decisions.
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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, DATA SCIENCE
Prnewswire | May 12, 2023
Aureus Analytics, a global artificial intelligence technology company that provides customer experience solutions to the insurance industry, has introduced a new mobile experience for independent agents through the DONNAforAgents Mobile App, an AI-powered data analytics platform designed for Independent agents. The DONNA app is now available for free download on the App store and Google Play.
DONNA is an AI powered, ZERO DATA ENTRY platform that is extremely EASY to use for Agency Owners, Account Managers, CRS and Producers within the agency. It is built for Agencies who want to grow their agencies by retaining good customers and identify opportunities to grow revenue from their existing clients.
The DONNA mobile application was created ground up to offer agents quick and easy access to the most critical information about their policyholders in a single click. DONNA Mobile App launch features make it easy to:
Access critical policyholder information
View Customer Sentiment Score (SentiMeter®)
View Cross Sell & Upsell recommendations
Identify Customers at risk of Churn
Get Alerts for any changes to your key customers
"It wasn't long back that leveraging AI & Data Analytics needed expensive infrastructure and specialized skills and was hence accessible only to a select few large enterprises. Since the launch of DONNA we have made it easy and affordable for agencies of all sizes to not only access their data but also monetize it to grow their business and deliver better policyholder experience. With the new DONNA Mobile app, we have taken this a step further. All the power of AI & Analytics that DONNA offers can now be accessed by all agency team members from their own phones." said Anurag Shah, CEO & Co-Founder of Aureus. "We will continue to build such functionalities that enable Independent Agents to grow their businesses in more efficient and profitable manner."
Developed with leading insurance industry experts, DONNA was explicitly designed for independent agencies and brokers to improve their policyholders' experience. The SaaS-based AI and Data Analytics platform leverages machine learning, natural language processing, and natural language generation to measure customer sentiment during the customer journey and predict future outcomes.
Agencies who have used DONNA have seen business benefits like these in LESS than 6 months:
Increase Total InForce Policy Count: 6.43%
Increase in SentiMeter Score: 23.01%
Increase in Average Premium per Policy: 8.18%
Increase in Average Premium per Customer: +7.76%
Increase in Average Policies per customer: +3.5%
About Aureus Analytics
Aureus Analytics is a customer intelligence and experience company that enables insurers to deliver superior customer experiences leading to higher customer retention, loyalty, and lifetime value. By leveraging artificial intelligence and machine learning technologies, actionable insights are delivered in natural language at the point of decision. Globally, the AI platform has processed over 70 million insurance policy data points for mid-sized and large insurers. For more information, visit www.donnaforagents.com.
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