Best practices

How Incorta Unlocks Generative AI for Advanced Business Analytics

In the digital-centric world of business, Generative Artificial Intelligence (GenAI) stands as a potential game-changer in diverse industry operations from financial services to supply chain management. With its disruptive capabilities, GenAI is poised to revolutionize conventional business practices, fostering enhanced efficiency. This emerging technology is reshaping the approach to business strategy and execution, heralding a new era of heightened productivity, significant cost reduction, and a fortified competitive position in the marketplace.

Incorta leverages GenAI in groundbreaking products to assist its customers in enhancing various tasks in advanced business analytics such as data workflow, data validation, data analysis, advanced analytics & machine learning.

Incorta Data Studio

  • Data Workflow with Incorta Data Studio
  • Incorta’s Data Studio uses GenAI to automate the creation and management of data pipelines. GenAI models learn from existing data workflows and suggest optimizations or create new, more efficient workflows.
    • Outcome: This leads to faster and more reliable data integration from various sources, reduced manual work in setting up and maintaining these workflows, and the ability to handle larger volumes of data more effectively.
  • Data Cleaning and Validation with Incorta Data Studio
    • In data validation, GenAI is used to check data for accuracy, completeness, and consistency automatically. It learns from historical data to identify patterns, anomalies, or errors that might not be apparent to human auditors.
      • Format Verification:
        • GenAI is employed to authenticate the format of various data entries. It is capable of confirming whether an email address conforms to the standard structure, verifying the legitimacy of date formats, and checking, for example, if credit card numbers pass the Luhn algorithm for validity.
      • Standardized Formatting:
        • GenAI aids in harmonizing data formatting to adhere to specific standards, ensuring uniformity across different datasets. For example, it can standardize date formats, ensure proper capitalization of names, or consistently format phone numbers.
      • Error Identification and Correction Suggestions:
        • GenAI pinpoints potential errors within data, such as anomalies or inconsistencies, and proposes corrective actions. This capability plays a critical role in maintaining the integrity and reliability of the data.
      • The incorporation of these GenAI features in data cleaning and validation processes results in more accurate, consistent, and reliable data. This precision is crucial for businesses in making informed decisions, enhancing operational efficiency, maintaining high data quality standards, saving time and resources in data preparation, and ensuring that the data used for decision-making is trustworthy.

Incorta Co-pilot

  • Data Analysis with Incorta Co-pilot :
  • For data analysis, Incorta Co-pilot uses GenAI to analyze large datasets to uncover insights that would be difficult to identify manually. It predicts trends, performs complex what-if analyses, and generates reports and visualizations.
  • Outcome: Customers benefit from deeper insights, the ability to make more informed decisions based on data, and the automation of repetitive analysis tasks, allowing analysts to focus on more strategic work.

Incorta Business Notebook

  • Advanced analytics & Machine Learning Engineering with Incorta Business Notebooks :
  • In the realm of software engineering & machine learning, GenAI assists in code generation, optimization, and testing. It suggests code improvements, detects potential bugs, and automates some aspects of testing and quality assurance.
  • Outcome: This leads to faster development cycles, improved software quality, and reduced workload on software engineering machine learning & data science teams, enabling them to focus on more complex and creative aspects of software development and model creation, testing, and deployment. 

Incorta’s integration of GenAI into these products saves time and money. It significantly enhances efficiency, accuracy, and productivity for its customers’ business analytics tasks, leading to better business outcomes and a competitive edge in their respective fields.

Learn how Incorta continues to push the boundaries of what’s possible in the realm of analytics and data intelligence in our recent webinar. Watch here.