Predictive Analytics is a relatively new idea that’s fast gaining traction across all aspects of business. Although predictive analytics has a simple definition, it is a complex process that was previously executed by data scientists.
DMway combines processes and methods including data mining, statistics, and artificial intelligence powered with machine learning to analyse huge volumes of historic data to create predictive intelligence.
DMway has been developed by leading PhD data scientists as a simple, easy to use and affordable software tool to create predictive models about what might occur in the future.
According to Gartner, as augmented analytics matures it will become a key feature in every business; providing key business analysis to every person within an organisation, in less time, with a lower requirement for skilled staff, as well as a lower reliance on the current, much slower manual processes.
Our tool, DMway, has been specifically developed as a fully automated end to end platform capable of upskilling your existing BI and analyst teams to become Citizen Data Scientists.
Gartner predicts that, by 2020, citizen data scientists will surpass data scientists in the amount of advanced analysis they produce, largely due to the automation of data science tasks.
“As intelligence is at the core of all digital businesses, IT and business leaders continue to make analytics and BI their top innovation investment priority,”
said Jim Hare, research vice president at Gartner.
“This Hype Cycle helps data and analytics leaders make the transition to augmented analytics, to build a digital culture and operationalizing and scaling analytics initiatives.”