Pyramid Analytics

Aberdeen: Democratized Analytics

Aberdeen Strategy & Research's report on Democratized Analytics highlights that organizations face growing challenges in managing rapidly expanding data and shortened decision windows, with inefficiencies and low engagement hindering analysis, while Pyramid Analytics' unified Decision Intelligence Platform addresses these issues by providing no-code, AI-guided access to integrated data and analytics for faster, more informed, and organization-wide decision-making.

Aberdeen Strategy & Research, an analyst firm specializing in Analytics and Data Management, recently published a report titled Democratized Analytics: More Than Just Speed-to-Decision. The report examines current market trends in the data-to-insights process, technology challenges and opportunities, and best practices for building an engaged and effective workforce.

Organizations are struggling to find their stride in the post-pandemic world. In today’s turbulent operational environments, access to real-time data is fundamental for heightened decision-making. To complicate matters, 25% of senior leaders indicate data are growing faster than their ability to manage and analyze. Roughly one in two (53%) report spending more time on analysis today than just 12 months ago—and this number is expected to rise over the next year.

Insights from the Report (Based on Aberdeen’s Research)

  • 50% of professionals say their decision window has shortened over the past 24 months.
  • Inefficient software, low data quality, and the lack of integrated data sets and unified analysis have been found to be major strains on the decision-making process.
  • Managers are doing more with less, and it shows—they are eighteen percentage points less engaged than the rest of the workforce.

The Pyramid Decision Intelligence Platform

The unified decision intelligence platform from Pyramid Analytics delivers insights for everyone to make faster, more informed decisions. It provides direct access to any data, enables governed self-service for any person, and serves any analytics need in a no-code environment. The Pyramid Decision Intelligence Platform uniquely combines Data Prep, Business Analytics, and Data Science in a single environment with AI guidance, reducing cost and complexity while accelerating growth and innovation. The Pyramid Platform enables a strategic, organization-wide approach to Business Intelligence and Analytics, from the simple to the sophisticated.