Analytics

View all content by AnswerRocket that is related to the topic of analytics.

The SKU Rationalization Guide: Optimize Your Product Portfolio

Throughout last year, the COVID-19 pandemic severely affected businesses. It impacted their ability to make accurate predictions, fulfill consumer expectations, and assess performance. Restaurants were closed or shut down permanently. The financial sector adapted to a decrease in business profits and consumer disposable income. Some CPGs and retailers coped with out-of-stocks and delayed supply chains, […]

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Unlocking the Power of Generative AI with AnswerRocket

Unlocking the Power of Generative AI with AnswerRocket: A Conversation with Our CTO, Mike Finley Introduction In today’s rapidly evolving business landscape, data-driven decision-making is paramount. Enterprise organizations require advanced tools and technologies to harness the full potential of their data. One such solution that stands out is AnswerRocket, a platform that integrates generative AI

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Preventing Data Leaks and Hallucinations: How to Make GPT Enterprise-Ready

In the rapidly evolving landscape of analytics and insights, emerging technologies have sparked both excitement and apprehension among enterprise leaders. The allure of Generative AI models, such as OpenAI’s ChatGPT, lies in their ability to generate impressive responses and provide valuable business insights. However, with this potential comes the pressing concern of data security and the

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AnswerRocket and Your BI Tech Stack: The Perfect Match

In the rapidly evolving landscape of enterprise Business Intelligence (BI) tools, AnswerRocket aims to complement, rather than displace, existing technologies. AnswerRocket streamlines the way businesses interact with data and gain valuable insights. In a recent interview, Co-founders Mike Finley and Pete Reilly shed light on the platform’s unique positioning alongside traditional dashboards and reports. How

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Transform CPG Analytics with AnswerRocket: Max, the AI Assistant for Accelerated Insights

In this interview, Ryan Goodpaster, Enterprise Account Executive at AnswerRocket, highlights our focus on helping customers obtain rapid insights from their enterprise data. We do this by using advanced techniques such as natural language processing, natural language generation, AI, machine learning, model integration, and GPT (Generative Pre-trained Transformer). Specializing in consumer goods, AnswerRocket’s expertise extends to uncovering

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Discover AnswerRocket: Unlocking the Power of AI for Your Enterprise Data Analysis

We talked to our own Ryan Goodpaster, Enterprise Accounts, and discussed how AnswerRocket utilizes natural language processing, AI, machine learning, and GPT to help customers gain rapid insights from their enterprise data. AnswerRocket aims to tackle the challenge of time-consuming data analysis and empower analysts to focus on strategic decision-making. Watch the video below or read

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Unleashing the Power of GPT: From AI Assistants for Analytics to our own J.A.R.V.I.S.?

In the realm of data analysis and business intelligence, AnswerRocket has been at the forefront of innovation for over a decade. Founded in 2013 with a vision to provide an intelligent agent to assist business users, AnswerRocket has continually evolved its capabilities. In a recent interview, Pete Reilly, CRO, and Mike Finley, CTO, highlight the transformative impact

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How AnswerRocket’s AI-Driven Insights Revolutionize Enterprise Analytics

In today’s fast-paced business landscape, making informed decisions quickly is crucial for the success of large organizations. The abundance of constantly growing data poses a challenge, as extracting actionable insights from it becomes a time-consuming process. Enter AnswerRocket, merging the power of ChatGPT with enterprise analytics. In a recent interview with Pete Reilly, CEO, and Mike Finley, CTO, they

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The Future of LLMs: Embracing a Multi-Model World

In the world of data analytics, large language models (LLMs) have changed how we understand and process natural language. These models, like OpenAI‘s GPT-4, can generate coherent text and perform language-related tasks. Recent advancements in LLMs have sparked interest and opened new possibilities for businesses. However, relying on a single dominant model may not be the

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Mike Talks Max on Inside Analysis Podcast

Mike Finley, AnswerRocket Co-Founder, CTO and Chief Scientist joins Eric Kavanagh on his podcast, Inside Analysis. You can listen to Mike’s episode of Inside Analysis on Apple Podcasts or Spotify. You can also watch the video below on YouTube. On this episode of the podcast, Eric sits down to talk with our very own Mike

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What Makes Generative AI Different?

Since the launch of ChatGPT in the fall of 2022, the news has been filled with buzzwords like “large language models” and “generative AI,” but what do they really mean? AnswerRocket Co-founder, CTO, and Chief Scientist Mike Finley has a knack for breaking down complicated concepts and making them much easier to understand. Mike dives into how large

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Max: Relieving Data Analysis Pain Points

Joey Gaspierik, AnswerRocket Enterprise Accounts, is on the front lines working with customers every day to understand the pain points of data analysis within their organizations. Since its inception, AnswerRocket has strived to make it easy for business users to explore, analyze, and discover insights from their data.  The existing augmented analytics solution has done

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Conversational Analytics with Max

AnswerRocket was founded in 2013 with the vision of creating an intelligent agent that could assist business users with data analysis.  Alon Goren, CEO and co-founder, recognized how inefficient it was for business users to wait days or weeks for data analysis and sought to streamline the process for everyone in the enterprise. Our augmented

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What Analytics Leaders Can Learn from ChatGPT

5 tips for creating a groundswell of analytics adoption within your organization. ChatGPT Enters the Scene ChatGPT launched in November 2022 and within 5 days it had reached one million users, shattering every previously held record by an online service. Users piled on to create free accounts and dive into the new technology headfirst. Some were

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ChatGPT & AI: Accelerating Category Insights

A recap of AnswerRocket’s Emerging Technology Session from the 2023 CMA|SIMA Show AnswerRocket was excited to be a platinum sponsor of the 2023 Category Management and Shopper Insights Conference at Caesars Palace. It’s an event we look forward to each year and this was our fifth year participating. We were pleased to meet and network with many

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Understand KPI Changes with Driver Analysis

How many times have you reviewed a report and dashboard and wondered why a metric has gone up or down? Staying on top of your business key performance indicators (KPIs) is challenging. When metrics shift, it takes time, effort, and guesswork to figure out what might be driving changes in the business. This headache is

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Panel Data Insights: Key to Unlocking Growth

Do you ever feel like you’re running in circles trying to unlock growth? We know the challenges that category and brand managers face to deliver sustainable, profitable brand performance. Using CPG analytics to find positive trends and actionable consumer insights can be difficult. But it doesn’t have to be! By leveraging panel data, smart marketers

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AnswerRocket Featured by Forrester

AnswerRocket featured by Forrester in The Augmented Business Intelligence Landscape, Q1 2023 For more than 35 years, Forrester has provided independent research that helps businesses and technology leaders accelerate growth. Forrester’s Research Reports cover a wide range of industries and do the leg work to help executives “stay ahead of change, conquer priorities and prepare

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Getting Actionable Insights with Brand Performance Analysis

Understanding brand performance is critical for brand and category managers. It’s the foundation for decision-making, for setting a strategy that helps them drive growth and win shelf space. To reach effective brand analysis, pressing questions must be answered promptly: Yet, answering these questions is often easier said than done. Data stays underutilized in “data lakes”

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How CPG Companies Are Using Machine Learning Right Now

With the disruption brought about by COVID-19, digital transformation is occurring at an accelerated pace. CPGs need to operate efficiently and intelligently, and they’re turning to advanced technology like artificial intelligence and machine learning to do so. Even prior to the current state, CPG leaders have been leveraging the power of AI and machine learning

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Product Category Analysis: How to Determine Performance Drivers

Category analysis should ultimately enable category teams to make better decisions and drive brand growth. In order to do so, category teams must understand what’s driving business performance. Performance drivers dictate where category teams can take actionable steps that will result in the greatest potential impact. With the uncertainty of COVID-19, this degree of precision

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Scaling Insight Generation with Augmented Analytics and GPUs

In today’s data-driven world, companies are scaling up investments in data storage solutions and optimizing data pipelines—all with the intention of helping people make better business decisions. However, they’re also realizing that data itself means little without the right tools to produce meaningful analysis. After all, companies must come away from these costly investments with

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How to Drive Digital Transformation With AI and Machine Learning

At the forefront of digital transformation in business are AI and machine learning. These technologies are changing the way business is done and driving more value in analytics and data insights. This TDWI report, Driving Digital Transformation Using AI and Machine Learning, reveals the latest research on the business intelligence and analytics market, as well as

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The Cure for Data Dysfunction

See how fast AnswerRocket can enable your team to make better, data-driven decisions. Identifying the Problem At many companies, the approach to business intelligence and analytics is inefficient and unscalable. Worse, most people don’t recognize that this is a problem. Even fewer realize that there’s a simple solution. Check Your Symptoms Mark which of these

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3 Ways Advanced Analytics Tech Resolves Business Challenges

In the scope of analytics, AI is a disruptive technology that’s leading the direction of modern business intelligence (BI) platforms. As BI develops, companies are also investing in their data— from storage in data lakes and warehouses, to systems that clean and structure data, to the roles and functions that support the data analytics pipeline.

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