Intelligent Reporting and Analysis with

AI and Automation
The breakthrough of AI and Automation is revamping current business by bringing in
performance benefits and opportunities. Yet, many companies seize only a fraction of what AI
and Automation offers.

These new technologies are transforming the economy by carrying out the tasks done by
humans, and even those tasks which are beyond human reach. Reporting and analytics are one
of the first areas to have been impacted by AI and Automation.

With such breakthroughs, routine, repetitive and manual work is rapidly disappearing. Analyst's
roles are moving to focus on interpreting, communicating and orchestrating action on the results
of the analysis. They are adding value to their analytical skills with creativity, emotional
intelligence, and business judgment. As their access to data expands, they apply machine
learning techniques and create automated dynamic responses to market changes.

Why AI and Automation?

The most common goal for AI and Automation industries in today’s data-driven world is to
become advanced and make smart decisions when it comes to finding market opportunities,
profitable areas of investments and optimizable techniques. Apart from the pursuit of higher
efficiency, AI and Automation also open up new avenues for businesses to grow and expand
rapidly.

As the number of tasks within an industry increases, the expectations of the user or the client
also tends to increase. In order to deliver the best products or services, we need to develop a
system with minimal errors and maximum efficiency. A system without the involvement of
advanced technology is prone to decreased productivity along with issues like, slow, clunky and
delayed reporting, complex and hard-to-penetrate reports, reports that don’t enable users to ask
questions or pursue a train of thoughts, prolonged customer interactions, never-ending
requirement process, etc.
Smart Tools: How AI and Automation tools are driving industries?

Smart tools have fuelled businesses with so much power, making it easier for them to adapt as
the market changes and continually improvise their techniques make them open to explore
abundant opportunities.

The success of industry comes from the smart automated tools they utilize for carrying out their
tasks. The competition in developing these Automation tools is intense there is a need to
constantly drive innovation and lower their costs, making these tools the main driver of change.

What are the changes AI and Automation tools have brought in the industry?

These tools have brought about many changes that have transformed industrial techniques,
some of these tasks are mentioned below. They have:

 Dropped the costs of development by raising developer productivity.

 Made it easy to Upgrade, Automate and Enhance elements of the existing process to
transform the overall performance at minimal incremental costs.
 Facilitated iterative and agile development processes increasing the certainty that
outputs will be of high value.
 Allowed end-users to evolve and enhance reporting and analytics using AI-embedded
functionality with minimum technical support.
 Improved data quality and accuracy
 Powerful and easier-to-validate code replacing flexible but error-prone excel.
 Made multiple digital sources accessible even as the number of digital data sources has
mushroomed.

Conclusion
The pressures to eliminate error, to place a high value on the time of talented people, to
empower them, to enrich their roles and to help them make a positive impact on the firm has
never been greater and AI-driven by Automation is removing the barriers to doing this today. If
these technologies are used wisely, they will yield substantial opportunities for the future.