November 8, 2019, Santa Clara, Calif. – Prevedere, the leader in predictive analytics software for economic intelligence, announced today that it has been included as a Representative Vendor in the October 2019 Market Guide for Augmented Analytics Tools.
According to Gartner, “Augmented analytics is the use of machine learning (ML) automation and artificial intelligence (AI) techniques to augment human intelligence and contextual awareness. This is achieved by automating pieces of data preparation tasks, data analysis, insight generation and explanation within analytics and BI platforms (ABI), as well as many aspects of data science and machine learning (DSML) model development and consumption. As businesses become inundated with data, augmented analytics becomes crucial for presenting to users across the business only the insights important for them to make a decision or take an action at that moment.
By 2021, augmented analytics will be a dominant driver of new purchases of analytics and business intelligence (BI) as well as data science and machine learning (DSML) platforms, and of embedded analytics.”
ERIN Predictive Analytics Cloud is the first augmented analytics solution to automatically predict and quantify the impact of external influences on future business performance. The ERIN Predictive Analytics Cloud leverages the power of machine learning to rapidly analyze millions of global data series updated daily from hundreds of sources. Companies can easily discover the specific external leading indicators (e.g., wages, employment, consumer sentiment, weather patterns, online search trends) that will affect their sales, costs or profitability.
“Our vision has always been to couple the latest technology with the world’s data to provide our customers with a solution that helps them make smarter decisions and proactive business moves with increased visibility into upcoming headwinds and tailwinds,” said Rich Wager, CEO of Prevedere. “To us, being included in Gartner’s Market Guide validates the work we have done in creating a solution that intersects AI and machine learning capabilities with millions of curated global data sets to uncover a company’s unique leading indicators.”
Source: Gartner, Market Guide for Augmented Analytics Tools, Austin Kronz, 30 October 2019.
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Prevedere is a predictive analytics software company that delivers insights into future business outcomes based on economic trends. Our predictive economic intelligence offering helps executives see what lies ahead for their business and solve for upcoming risks and opportunities. Our SaaS solutions apply the power of machine learning and predictive modeling to millions of indicators of global economic and consumer activity. Prevedere customers include Fortune 500 industry leaders in retail, manufacturing, and consumer packaged goods. To learn more, visit www.prevedere.com and follow @Prevedere on Twitter.