Analytics leaders must navigate the technology behind decision intelligence

LONDON & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE). To achieve this goal, Decision Intelligence requires a complete platform for data access and preparation, business analytics and data science. This is the conclusion of Navigating the technology behind decision intelligence, a new report from 451 Research | S&P Global Market Intelligence. The study is available from Pyramid Analytics, a pioneering decision intelligence platform provider that commissioned the study.

Important points:

  • can make decision-making intelligence successful data-driven decisions a more achievable goal by engaging a broader set of stakeholders – if it has the right technical foundation.

  • 451 studies found that 43% of respondents believed data will be significantly more important – business critical – to organizational decision making 12 months from now.

  • The report describes required technical basics a decision intelligence platform.

  • decision intelligence can Reduce the failure rate of data and analytics projects. A survey by 451 Research found that just 37% of respondents said 81% to 100% of their organization’s data and analytics initiatives had been successful over the past two years.

  • Navigating the technology behind decision intelligence is aviable free ungated download. You will not be asked for contact information.

Decision Intelligence is the next big data analytics innovation

The next big innovation in analytics is artificial intelligence (AI). The application of AI in data prep, business analytics and data science differentiates decision intelligence from traditional business intelligence tools like Microsoft Power BI, Qlik and Tableau. AI lowers the skill barrier by automating the highly technical work required to prepare and analyze data and create and share reports and dashboards.

The Pyramid Decision Intelligence Platform delivers data-driven insights so everyone can make faster, smarter decisions. The Pyramid platform provides instant access to all data, enables automated self-service for each person, and meets all analytics needs, from simple to sophisticated. Uniquely combining data prep, business analytics and data science with AI guidance in a single environment, the Pyramid platform reduces cost and complexity while accelerating growth and innovation. This enables a strategic, enterprise-wide approach to business intelligence and analytics.

quotes

Chas Kielt, Vice President, Global Corporate Communications, Pyramid Analytics: “Pyramid Analytics strives to share our decision intelligence expertise and that of others shaping the market. The Data, AI & Analytics team at 451 Research | S&P Global Market Intelligence, including Krishna Roy, the author of Navigating the technology behind decision intelligence, and Nick Patience, Research Director, have insight into the emerging field of decision intelligence and practical advice that comes from working closely with technical professionals and executives at companies adopting the technology and the companies bringing it to market . Pyramid thanks the 451 Research team for the useful data and recommendations in the report.”

About the author

Krishna Roy is a Senior Research Analyst for Data, AI and Analytics Team at 451 Research, part of S&P Global Market Intelligence. She is responsible for covering machine learning driven data science, analytics and business intelligence. She started her career at 451 Research as a research analyst specializing in data warehousing, data management, corporate performance management and BI. Prior to joining 451 Research, Krishna held a variety of journalistic positions in London, New York and San Francisco. She began her career in journalism, writing for computergram International and has a background in M&A as a former editor of the weekly newsletter M&A implications Tech acquisition coverage.

About Pyramid Analytics

Pyramid is the next step in analytics. Pyramid’s award-winning decision intelligence platform delivers insights for faster, more streamlined decisions by providing direct access to all data, enabling governed self-service for every person, and meeting all analytics needs in a no-code environment. The Pyramid platform uniquely combines data prep, business analytics, and data science in a single environment with AI guidance, reducing cost and complexity while accelerating growth and innovation. This enables a strategic, enterprise-wide approach to business intelligence and analytics, from the simple to the sophisticated. Schedule a demo.

Pyramid Analytics is incorporated in Amsterdam and has regional headquarters in global innovation and business centers including London, New York City and Tel Aviv. Our team lives worldwide because geography shouldn’t be a barrier to talent and opportunity. Investors include HIG Growth Partners, Jerusalem Venture Partners (JVP), Sequoia Capital and Viola Growth. Learn more at Pyramid Analytics.

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