IBM Watson (Analytics)
IBM Watson analytics is a cloud-based service capable of thorough data mining and predictive analysis for business users. This data analytics processor uses advanced AI algorithms to analyze human speech too.
Features:
- Real-time Analytics: This platform can access real-time insights, forecasts, and BI tools.
- Predictive Analysis: IBM Watson uses AI algorithms for predictive modelling.
- Automation: It uses automated insights to identify patterns in your data.
Pros:
- It provides users with real-time analysis.
- Automation greatly enhances the platform’s efficiency.
Cons:
- This tool may be complex to beginners.
- Real-time analytics are dependent on a stable internet connection.
Pricing: Various customizable plans.
Link: IBM Analytics
Top 10 AI Tools for Data Analysis
Data analysis is used by a billion people worldwide. Amid the AI revolution, businesses recognize the transformative potential of AI tools for data analysis. Data analysis, like spreadsheets, is fundamental in business operations, as they work together to improve efficiency. Even though used by a billion people worldwide, data analysis is often halted by a list of manual and time-consuming processes. In such cases, we can use AI tools to analyze data.
AI tools for data analysis can utilize machine learning and deep learning to find insights in the data and reveal patterns. These tools can address the complexities of data analysis more efficiently, eliminating the inevitable human errors. This article will explore the best AI tools for data analysis.