GenBI: A New Experience of Data Visualization
Generative BI, which blends AI and Machine Learning (ML) technologies, is reshaping the way we approach data analytics. Users are no longer required to dive deep into complex data sets but can instead obtain intuitive visual information through interactive dashboards and even converse in natural language, quickly uncovering meaningful business insights within minutes.
This not only lowers the barrier to understanding data but also empowers non-technical experts to master it, driving precise, data-driven decisions. As an example, retail and e-commerce stand out as industries that can harness immediate benefits by adopting Generative BI as a sales analysis tool.
Generative BI can provide real-time presentations of overall performance or detailed analyses, including performance by product, staff, or store, and detailed weekly or monthly comparisons. Such instant data feedback enables businesses to swiftly adapt to market changes, optimize inventory strategies, launch seasonal products, deepen customer insights (KYC), significantly enhancing sale performances.