The business intelligence (BI) software market is expected to reach $27.9 billion by 2027, but only 30% of employees use these tools for decision making. This gap between investment and usage highlights a significant missed opportunity.
The main barrier to adopting BI tools is their complexity. Traditional BI tools, while powerful, are often too complex and slow for effective decision-making. Business decision makers need information tailored to their specific business contexts, not complex dashboards that are difficult to navigate. Organizations currently rely on many data analysts to manage and interpret data, creating dashboards and other BI resources for analytics consumers. This requirement creates significant bottlenecks, reducing productivity and delaying BI adoption. Generative AI is set to change this dynamic.
Gartner® predicts that by 2025, augmented consumerization functions will drive more than 50% of analytics and business intelligence adoption, influencing business processes and decisions.
We developed IBM Watsonx™ BI Assistant to solve this problem. This innovative tool simplifies BI by allowing business users to interact with complex data systems using intuitive natural language, either by text or voice. With Watsonx BI Assistant, organizations empower all business users to make better decisions.
IBM Watsonx BI Assistant Brings Extraordinary Analytics Powers to Ordinary Business Users
Watsonx BI Assistant uses generative AI to seamlessly integrate into your business operations, allowing you to ask natural language questions and instantly receive personalized, contextual insights. The platform’s AI innovations, such as semantic automation and reasoning, sift through your data to identify patterns, discover relationships, and interpret their business importance.
Whether making tactical business decisions or exploring strategic opportunities, you can rely on Watsonx BI Assistant to gain actionable insights while strictly adhering to data integrity and confidentiality standards.
Why Watsonx BI Assistant?
1. Delivers insights with smart alerts and prompts
Receive fast and accurate sales responses, tailored to your context. Watsonx BI Assistant analyzes industry-specific data and operational requirements to deliver highly personalized insights. For example, when a sales manager is alerted to an increase in leads but a decrease in revenue due to declining win rates, you can immediately provide a buy-it-now offer and review the process. lead conversion.
2. Improves clarity and confidence with clear reasoning
Clear reasoning provides a direct path from data entry to insight production, helping you uncover the “why” behind your insights and identify new growth opportunities. For example, if you, as an operations manager, notice a critical inventory shortfall, Watsonx BI Assistant confirms that this trend is consistent and not an anomaly, prompting timely adjustments to delivery plans to avoid losses income and penalties.
3. Delivers Deeper Understanding with AI Built for Business
The platform, built with extended language models (LLMs) by IBM trained on business-relevant content, adheres to strict data governance and regulatory criteria. It interprets your questions into everyday business language, making data interaction intuitive and allowing you to confidently explore complex business queries. The answers provided are not only relevant but also adapted to your business context.
Additionally, Watsonx BI Assistant automates the creation of business semantics, improving the narrative of your data by clarifying its meaning in your business context. This enhancement makes it easier for you to understand the importance of each data point and see how it fits into your overall operations. The platform makes complex analytics accessible and meaningful, helping you easily grasp the full scope of your business landscape.
4. Builds trust with a proactive partner powered by trusted data and AI
Watsonx BI Assistant is built on the pillars of governance, reliability and transparency, improving all AI workflows. This platform streamlines your analytics journey by integrating insights from various tools and data sources. Its semantic data layer provides enterprise-level governance, provides a catalog of metrics for consistent interorganizational reporting, and supports an open interface to promote interoperability. Watson BI Assistant is the next generation of business intelligence, providing business users with insights to make decisions quickly and with confidence.
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