Goodbye Death by Dashboarding: Five Critical Outcomes AI and BI can Deliver to the Enterprise
Analytics Magic: Calm Technology + Context-Aware Computing -- Three steps to take now to prepare for the adaptation revolution
Take a moment to think about how many times you’re interrupted by your phone or computer in a day. DING – new email. RING – someone’s calling. BUZZ – text message. DING – two more emails. POP-UP BANNER – new Instagram/Facebook/Twitter/LinkedIn notification. BUZZ – another text. And that’s just in the span of five minutes!
There’s no denying data plays a crucial role in business decision making, but organizations today face a conundrum of a different kind. In many cases, the abundance of analytics and dashboarding can be as overwhelming as the flood of data that preceded it.
The Brain vs AI
Artificial Intelligence (AI) is inspired by the way the human brain processes information, draws conclusions, and codifies instincts and experience into learning. While human brains are great at certain activities such as parallel processing and sorting information, they can only use 1-16% of their brain power at a time. This is due to the overwhelming use of energy it requires. Thanks to advancement in technology and AI and Augmented Analytics, we are no longer held by the constraints of human capabilities. According to a report by Gartner, AI will create more than 2.6 trillion dollars of business value by 2021 and about 6.2 billion hours of worker productivity. As such, it will be impossible for investors to even think of investing in a company that doesn’t incorporate this kind of intelligence in its operations.
Over the course of the past 20 years, we have seen a steady shift of our workforce towards the Millennials and GenZ’ers. There are some very clear and distinct characteristics of the modern workforce that differ from the aging workforce, that are not being leveraged today. When effectively understood, they have a clear and immediate impact on Enterprise Performance, which ultimately leads to sustainable economic benefits for their shareholders.
Millennials and GenZ’ers have one significant thing in common that differs from prior workforce generations, they have grown up having been apart of the digital world. In the case of Millennials, entering the digital world was more of a right of passage than for GenZ, who are being given mobile devices at earlier ages as time goes on.
KPISOFT has set up its European base in Germany to aggressively expand its business into the rest of the region including the U.K., France, Spain, Italy as well as Eastern Europe.
Topics: kpisoft, kpisoft germany, digital transformation, kpisoft european expansion, bi, business intelligence, AI, artificial intelligence, analytics software, business intelligence software, digitisation in germany, corporate performance, business analytics