How is NLP important for analytics

Natural Language Programming or NLP is a way any software can communicate and interpret natural human language and be able to respond or take an expected action. NLP is going to be a key differentiating as well as enabling factor in the near future for analytics products and services. as per Gartner’s 2018 Magic Quadrant report in this sector,

By 2020, 50% of analytical queries will be generated by search, NLP or voice, or will be automatically generated. Magic Quadrant for Analytics and BI Platforms, Gartner, Feb’2018

These are a few of the many reasons we need NLP today:

Analysis is a universal need, be it individuals, professional or business owners, there’s at least financial data ready to be analysed in order to make sound decisions on say, spending and budgeting for future.With the advent of newer data pathways and wearable tech, the data transcends categories like health, insurance, travel, education, governance and many more. All this data belongs to individuals or businesses with limited access to analytic skills.Companies are facing the dilemma of optimizing analytic bandwidth against project opportunities such that only highly critical or revenue potential items get analyzed.

Who can benefit from NLP led analytics?

Broadly speaking, pretty much everyone – and specifically, individuals and businesses who want to take advantage of easily available data and tools to improve anything from quality of living to revenue topline.

How can Qlarity AI help.

Qlarity AI is a next gen analysis service where one can simple upload some data and start asking questions in English. Yes, it’s that easy. Here are some examples to get you started if you want to try the demo with some dummy data we already provide:

Whats our monthly salesWhats the % growth of monthly sales for channel A or region ZShow marketing cost by regionShow scatter chart of revenue and marketing costWhats my monthly tweet count (if you sourced your twitter data)Whats my earnings by project type (for example, freelancers’ earning data)Whats the total sessions and events by channel (example, google e-commerce data)

You can reach out for a free access to the current build by emailing us at ask @ qlaritylabs.com. Your access details will be provided within 24 hours.