The business intelligence (BI) software market is predicted to soar to USD 27.9 billion by 2027, yet only 30% of employees use these tools for decision-making. This gap between investment and usage highlights significant opportunity costs.
The main hurdle in implementing BI tools is their complexity. While traditional BI tools are powerful, they are often too complex and time-consuming to make effective decisions. Business decision makers need insights tailored to their specific business context, not complex dashboards that are difficult to navigate. Organizations now rely on many data analysts to manage and interpret data, creating dashboards and other BI assets for analytics consumers. This requirement creates a significant bottleneck, reducing productivity and stalling BI adoption. Generative AI aims to change this dynamic.
Gartner® predicts that by 2025, enhanced consumerization capabilities will drive more than 50% adoption of analytics and business intelligence to impact business processes and decision-making.
To address this, we developed IBM watsonx™ BI Assistant, an innovative tool that simplifies BI by empowering business users to interact with complex data systems using intuitive natural language through text or voice. With watsonx BI Assistant, organizations can empower all business users to make better decisions.
IBM watsonx BI Assistant brings extraordinary analytical power to everyday business users
Watsonx BI Assistant uses generative AI to seamlessly integrate into your business operations, allowing you to ask questions in natural language and receive personalized, contextual insights instantly. AI innovations in platforms such as semantic automation and inference sift through data to identify patterns, reveal relationships, and interpret business importance.
Whether you're making tactical business decisions or exploring strategic opportunities, use Watsonx BI Assistant to gain actionable insights while adhering to strict data integrity and privacy standards. can do.
Why WatsonX BI Assistant?
1. Deliver insights with smart alerts and prompts
Receive fast, fine-grained business answers, tailored to your situation. Watsonx BI Assistant analyzes industry-specific data and operational requirements to provide highly personalized insights. For example, if your sales manager warns you about an increase in leads but a drop in revenue due to a drop in win rate, you can immediately make an offer to buy and review the lead conversion process.
2. Increase clarity and confidence with clear reasoning
Explicit reasoning provides a direct path from data input to insight output, uncovering the “why” behind insights and helping identify new growth opportunities. For example, if you, as an operations manager, notice a critical inventory shortage, WatsonX BI Assistant can ensure that this trend is consistent and not an anomaly, and make timely adjustments to your delivery plan to avoid revenue loss or penalties. I encourage you.
3. Deliver deeper understanding with AI designed for business
The platform is built using IBM's large-scale language models (LLMs) trained on enterprise-relevant content and adheres to strict data governance and regulatory standards. Interpret questions in everyday business language and interact with data intuitively, so you can explore complex business queries with confidence. The answers provided are not only relevant, but also tailored to your business context.
Watsonx BI Assistant also automates the creation of business semantics and enriches the data narrative by clarifying what the data means within the business context. This enhancement makes it easier to understand the importance of each data point and see how it fits into the operational picture. The platform makes complex analysis accessible and meaningful, making it easy to understand the full scope of your business environment.
4. Increase trust with proactive partners based on trusted data and AI
Watsonx BI Assistant is built on the pillars of governance, trust, and transparency to power all your AI workflows. The platform streamlines your analytical efforts by integrating insights from different tools and data sources. Its semantic data layer provides enterprise-level governance, provides a metrics catalog for consistent cross-organizational reporting, and supports open interfaces that foster 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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