Stories, a winner of the GE Digital Industry competition, and a provider of augmented analytics software announced today that it will be participating in the Gartner Data & Analytics Summit 2018 within the session, “Innovative Analytics in Action: Emerging Trends You Need to Know.”
Prague, Czech Republic – January 9, 2018 – (Newswire.com)
“We’re thrilled that Stories was invited to present at an Innovative Analytics in Action session at the Gartner Data and Analytics Summit 2018 in Grapevine, TX, designed to recognize emerging trends in the analytics space,” said Filip Dousek, CEO of Stories. “To us, it’s an opportunity to showcase a technology that makes data analysis up to 50 times faster. We’re redefining how managers interact with data. Drilling and slicing in reports is no longer needed. Instead, everyone receives personalised top insights relating to their area of responsibility. This is why Butler Analytics named Stories the #1 most productive BI platform. We make large enterprises more agile, which we feel is notoriously hard to achieve through other means.”
“Augmented analytics is a particularly strategic, next-generation data and analytics paradigm in which artificial intelligence (AI) is having an impact,” writes Gartner. “It uses machine learning to automate data preparation, insight discovery and insight sharing for a broad range of business users, operational workers and citizen data scientists. Augmented analytics will enable expert data scientists to focus on specialized problems and on embedding enterprise-grade models into applications. Users will spend less time exploring data and more time acting on the most relevant insights. They will do so with less bias than in manual approaches.”1
“Can you tell from your reports what the top 10 issues in your company are?” asks Dousek, “and why they are happening? Hardly. With Stories, it’s a matter of two clicks. Our customers use Stories to identify key sales trends, to analyze retail categories, to improve delivery accuracy in logistics and automate P&L analysis. This is a horizontal disruption that will affect virtually every industry.”
Gartner named Intelligent Apps and Analytics as one of the top 10 strategic technology trends for 2018.1 “By 2020, augmented analytics — a paradigm that includes natural-language query and narration, augmented data preparation, automated advanced analytics and visual-based data discovery capabilities — will be the dominant driver of new purchases of business intelligence, analytics and data science and machine learning platforms and of embedded analytics,” writes Gartner. “And by 2020, due largely to the automation of data science tasks, citizen data scientists will surpass data scientists in terms of the amount of advanced analysis they produce and the value derived from it.”2
1Gartner, “Top 10 Strategic Technology Trends for 2018,” David W. Cearley et al, 3 October 2017.
2Gartner, “Augmented Analytics Is the Future of Data and Analytics,” Rita L. Sallam, Cindi Howson, Carlie J. Idoine, 27 July 2017.
About Gartner Data & Analytics Summit: Data and analytics leaders are fueling digital transformation, creating monetization opportunities, improving the customer experience and reshaping industries. The Gartner Data & Analytics Summit provides the tools to build on the fundamentals of data management, business intelligence (BI), and analytics; harness innovative technologies such as artificial intelligence (AI), blockchain and the Internet of Things (IoT); and accelerate the shift toward a data-driven culture to lead the way to better business outcomes.
About Stories: Stories provides strategic insight for C-level executives and their teams. It’s AI automates data analysis by grinding through operational data and millions of events to surface only the financially most important trends in sales, costs and P&L. Compared with existing BI tools, it delivers 50x faster analysis and personalized insights worth ~20% of revenue. Stories is used for automated margin mining, detecting opportunities and drivers of growth, explaining downward trends, early risk warning and operational excellence. Its customers include major players in e-commerce, retail, FMCG, banking, insurance and logistics. Learn more about Stories at www.stories.bi.