06/27/2023 | Press release | Distributed by Public on 06/27/2023 12:25
By:Debasis Satpathy, Chief Business Officer, Fosfor
Decision intelligence is helping businesses accomplish more with less by optimizing data analytics, AI, and ML for better decision making.
Integrating decision intelligence with GPT can produce more powerful natural language processing capabilities for improved data interpretation. Surprisingly, only 26% of companies worldwide have adopted business intelligence tools, and as much as 50% of regular business decisions continue to be based on gut feeling or experience. To ensure effective decision making is followed and implemented, it is advisable to have a wider data network with a high-performing data ecosystem, personalized insights based on a unified data ecosystem, summarized yet effective, actionable insights, zero insight duplication with democratized data access, and insights where users are performing their operations. Lumin for Snowflake provides unlimited decision insights with live querying on Snowflake, GPT-powered Streamlit native apps for any business, ready-to-deploy solutions, and enhanced data from marketplace.
Image source - Decision making in the age of urgency **BI statistics 2022
A case in point is an American confectionery, pet food, and other food product company that implemented superior analytics capabilities to propel the decision intelligence agenda. Lumin provides 'illuminating' conversations to get to the future, faster, together. Effective decision making is the key to unlocking the business value of data modernization.
In conclusion, the use of decision intelligence is a valuable tool for any enterprise looking to make more informed decisions and enhance its analytics capabilities. With Lumin for Snowflake, businesses can achieve unlimited decision insights, personalized analytics, and enhanced data in a variety of ready-to-deploy solutions. Reach out to us for more information on how we can help you and your business with data-based decision making get to the future, faster. Together.
Chief Business Officer, Fosfor
Debasis Satpathy is Fosfor's chief evangelist & principal enabler. An accomplished IT professional with 17+ years of experience in data and analytics, he brings a unique blend of business and technology expertise across the data-to-decisions lifecycle. His experience includes product evangelization, conceptualization & implementation of enterprise data platforms, definition and execution of new data monetization initiatives, and application of key technologies to amplify business outcomes.
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