A Tale of Two Business Analysis Tools: Relational Search and SpotIQ
Wondering what the best business analysis tools are on the market and why?
Below we’ll discuss two aspects that make ThoughtSpot’s business performance analysis tools shine: relational search and SpotIQ.
What Is Relational Search?
Our business analysis tools wouldn’t be what they are without the foundation of relational search.
Relational search is a guided analytics discovery. Think of it as you would a search engine — you type ad-hoc natural-language queries and receive instant answers. When you’re typing questions, you’ll also see related suggestions to explore similar to Google’s AutoComplete feature.
The answers provided take only a few seconds, and they’re presented in engaging visualizations instead of complex text-based data, enhancing findings and accelerating takeaways.
Uses can go a step further and pin these findings to boards, or embed them into communication apps and portals.
What Is SpotIQ?
As essential as relational search is to business performance analysis tools, it’s limited by itself. Relational search can pull answers from in-memory storage, but it’d be hard to ensure accurate, speedy and personalized findings for every query a business throws at it.
SpotIQ is an AI-driven insight-detection tool built on top of the relational search platform. Every question a user asks ThoughtSpot is run through relational search before SpotIQ runs dozens of algorithms and thousands of searches on billions of rows of data. This process generates the user’s answer, but also identifies hidden trends, data anomalies, leading performance indicators, and related data segments that may have been missed.
SpotIQ is already intelligent, but it’s also continually learning what users like via a simple ‘thumbs-up’ and ‘thumbs-down’ feedback feature. To keep control in human hands, SpotIQ lists the source of every finding so the user can explore further if they wish.
A Match Made in Heaven
A lot of other features go into making ThoughtSpot one of the top business analysis tools. As far as the user experience goes, however, relational search and SpotIQ carry the torch.
SpotIQ and relational search allow companies to widen data access, communicate about data in a shared language, increase productivity, reduce reporting backlog, make faster and more informed decisions, as well as bring more autonomy and morale to employees.
These things ultimately mean more ROI and long-term success for organizations. Ready to experience what the best business analysis tools have to offer?
SpotIQ AI-Driven Analytics
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