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Domo to add prebuilt models, chat capabilities to AI suite

The BI vendor's latest innovations include conversational analytics capabilities and prebuilt models designed to help customers forecast outcomes and conduct sentiment analysis.

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New embeddable MicroStrategy Auto bot expands AI beyond BI

The longtime analytics vendor's new bot enables customers to embed emerging technology in third-party applications just as they are now able to embed traditional BI.

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Generative AI capabilities increase data analytics value

GenAI can enhance data analytics uses. Automation and synthetic data let data analysts generate better quality insights more quickly and cost-efficiently than ever before.

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Databricks acquisition of Lilac targets GenAI development

The data platform vendor's latest purchase expands its generative AI development capabilities by adding improved access to unstructured data that can be used to train models.

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Business Analytics/Business Intelligence Basics

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    Generative AI capabilities increase data analytics value

    GenAI can enhance data analytics uses. Automation and synthetic data let data analysts generate better quality insights more quickly and cost-efficiently than ever before.

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    data exploration

    Data exploration is the first step in data analysis involving the use of data visualization tools and statistical techniques to uncover data set characteristics and initial patterns.

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    decision-making process

    A decision-making process is a series of steps one or more individuals take to determine the best option or course of action to address a specific problem or situation.

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