Browse Definitions :
Definition

augmented analytics

Contributor(s): Matthew Haughn

Augmented analytics is the use of machine learning (ML) and natural language processing (NLP) to enhance data analytics, data sharing and business intelligence. The concept of augmented intelligence, an overarching concept to augmented analytics, was introduced by the research firm Gartner, in their 2017 edition of the "Hype Cycle for Emerging Technologies."

Data analytics software can integrate augmented analytics tools to handle large data sets. Organizations can enter in raw data source information to these platforms that will then scrub, parse and return key data for analysis. The use of machine learning and NLP gives augmented analytics tools the ability to understand and interact with data organically as well as notice valuable or unusual trends.

The data analytics field is complex and generally requires a data scientist to extract any value from big data. This complexity is in part due to the fact that data must be gathered from a number of disparate sources, such as web analytics, marketing releases and social media posts. Collecting the data is just the first step, it also has to be prepared for analysis by being organized and refined before the analyst or data scientist can glean useful insights. The results must then be communicated to the organization along with action plans to capitalize on these insights.

Due to the manual effort required for these tasks, data scientists are currently in high demand and can be impractically expensive for some businesses. It is estimated that a data scientist can spend as much as 80% of their time gathering, preparing and cleaning up data. This is where augmented analytics can be implemented. With the addition of machine learning to data analytics, many of the time-consuming tasks of data collection and preparation can be done quickly, automatically and with fewer errors. As a result, data scientists could spend more time searching for actionable insights.

This was last updated in November 2018

Continue Reading About augmented analytics

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

File Extensions and File Formats

SearchCompliance

  • compliance audit

    A compliance audit is a comprehensive review of an organization's adherence to regulatory guidelines.

  • regulatory compliance

    Regulatory compliance is an organization's adherence to laws, regulations, guidelines and specifications relevant to its business...

  • Whistleblower Protection Act

    The Whistleblower Protection Act of 1989 is a law that protects federal government employees in the United States from ...

SearchSecurity

  • Cybercrime

    Cybercrime is any criminal activity that involves a computer, networked device or a network.

  • data breach

    A data breach is a confirmed incident in which sensitive, confidential or otherwise protected data has been accessed and/or ...

  • zero-day (computer)

    A zero-day vulnerability, also known as a computer zero day, is a flaw in software, hardware or firmware that is unknown to the ...

SearchHealthIT

SearchDisasterRecovery

  • cloud insurance

    Cloud insurance is any type of financial or data protection obtained by a cloud service provider. 

  • business continuity software

    Business continuity software is an application or suite designed to make business continuity planning/business continuity ...

  • business continuity policy

    Business continuity policy is the set of standards and guidelines an organization enforces to ensure resilience and proper risk ...

SearchStorage

  • business impact analysis (BIA)

    Business impact analysis (BIA) is a systematic process to determine and evaluate the potential effects of an interruption to ...

  • RAID (redundant array of independent disks)

    RAID (redundant array of independent disks) is a way of storing the same data in different places on multiple hard disks to ...

  • dedicated cloud

    A dedicated cloud is a single-tenant cloud infrastructure, which essentially acts as an isolated, single-tenant public cloud.

Close