{"id":1938,"date":"2023-09-07T12:31:56","date_gmt":"2023-09-07T12:31:56","guid":{"rendered":"https:\/\/newfangled.io\/blog\/?p=1938"},"modified":"2023-09-13T08:50:51","modified_gmt":"2023-09-13T08:50:51","slug":"how-generative-ai-helps-in-data-analytics-projects","status":"publish","type":"post","link":"https:\/\/newfangled.io\/blog\/how-generative-ai-helps-in-data-analytics-projects\/","title":{"rendered":"How Generative AI Helps in Data Analytics Projects?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1938\" class=\"elementor elementor-1938\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1fb9facb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1fb9facb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-670128ea\" data-id=\"670128ea\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-59fa758f elementor-widget elementor-widget-text-editor\" data-id=\"59fa758f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.12.2 - 23-04-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><img decoding=\"async\" class=\"alignnone size-full wp-image-2159\" src=\"https:\/\/newfangled.io\/blog\/wp-content\/uploads\/2023\/09\/Pastel-Yellow-Blue-and-Green-Simple-Human-Illustrative-Sponsorship-Deck-Pitch-Presentation-5.png\" alt=\"generative AI data analytics \" width=\"1920\" height=\"1080\"><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_51_1 counter-hierarchy ez-toc-counter ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor: pointer\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/newfangled.io\/blog\/how-generative-ai-helps-in-data-analytics-projects\/#Introduction\" title=\"Introduction\">Introduction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/newfangled.io\/blog\/how-generative-ai-helps-in-data-analytics-projects\/#Generative_AI_as_a_Solution\" title=\"Generative AI as a Solution\">Generative AI as a Solution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/newfangled.io\/blog\/how-generative-ai-helps-in-data-analytics-projects\/#What_actually_is_Generative_AI\" title=\"What actually is Generative AI?\">What actually is Generative AI?<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/newfangled.io\/blog\/how-generative-ai-helps-in-data-analytics-projects\/#Automated_Code_Generation_with_Generative_AI\" title=\"Automated Code Generation with Generative AI\">Automated Code Generation with Generative AI<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/newfangled.io\/blog\/how-generative-ai-helps-in-data-analytics-projects\/#Easy-to-use_interface\" title=\"Easy-to-use interface\">Easy-to-use interface<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/newfangled.io\/blog\/how-generative-ai-helps-in-data-analytics-projects\/#Generative_AI_Eliminates_technical_jargon\" title=\"Generative AI Eliminates technical jargon\">Generative AI Eliminates technical jargon<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/newfangled.io\/blog\/how-generative-ai-helps-in-data-analytics-projects\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Introduction\"><\/span>Introduction<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In a world of analytics where data is wealth, and the process of extracting insights from data has traditionally been a complex and time-consuming process, businesses have been completely dependent on software developers for a long time to bridge the gap between raw data and meaningful insights.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This often involves a series of back-and-forths, where business users have to extend their analytics needs to development teams, who then create Data pipelines or write SQL queries, or develop database APIs to make them ready for data analysis<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After this lengthy process, the Development teams write code for the generation of Data Insights and the results are then presented to the Business Users for validation. If decision-makers or even Business Users ask for deeper insights the process starts again from the very beginning.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This Analysis cycle has continued for decades, even with the rapidly growing billion-dollar business intelligence (BI) market.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Generative_AI_as_a_Solution\"><\/span><span style=\"color: var(--color-body);\">Generative AI as a Solution<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400; color: var(--color-body); font-size: var(--font-size-b1); font-family: var( --e-global-typography-text-font-family ), TTCommonsRegular;\">The dependency of Business Users to Developers for Data Insights can be a bottleneck in the analytics process. It often leads to misunderstandings and waste of time. However, this cumbersome process may soon become a relic of the past due to the emergence of Generative AI.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_actually_is_Generative_AI\"><\/span><b>What actually is Generative AI?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Generative AI, in its simplest form, is artificial intelligence that can<a href=\"https:\/\/newfangled.io\/blog\/no-code-etl-for-analytics-and-ai-ml-projects\/\"><b> generate the code for ETL process<\/b>,<\/a> write the SQL\/API to get the Data from Databases, and Design the chart just by taking inputs in Plain English.&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"> <img decoding=\"async\" class=\"alignnone size-full wp-image-2146\" src=\"https:\/\/newfangled.io\/blog\/wp-content\/uploads\/2023\/09\/Pastel-Yellow-Blue-and-Green-Simple-Human-Illustrative-Sponsorship-Deck-Pitch-Presentation-6.png\" alt=\"data analytics Generative AI\" width=\"1920\" height=\"1080\"><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Imagine a world where Business Users can communicate their analytical needs directly to a machine using plain English, and that machine can autonomously write SQL queries, create database APIs, and even design data visualizations.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If this sounds like science fiction, then please think again \u2013 it&#8217;s a game-changer that&#8217;s already making big changes in the world of data analytics.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let us find out how Generative AI is set to revolutionize data analytics projects:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&nbsp;<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Automated_Code_Generation_with_Generative_AI\"><\/span><b style=\"color: var(--color-gray); font-size: var(--font-size-b1); font-family: var(--secondary-font);\">Automated Code Generation with Generative AI<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"color: var(--color-gray); font-family: var(--secondary-font); font-size: var(--font-size-b1); font-weight: var( --e-global-typography-text-font-weight );\">The most important advantage of generative AI is the ability to write code. By understanding the Business User\u2019s natural language input, generative AI can automatically execute SQL queries or create API endpoints for data retrieval. This eliminates the need for developers to enter these requests manually, saving time and reducing the risk of errors.<\/span><\/p>\n<div>\n<p><span style=\"font-weight: var( --e-global-typography-text-font-weight ); font-size: var(--font-size-b1); color: var(--color-gray); font-family: var(--secondary-font);\">&nbsp;<\/span><\/p>\n<\/div>\n<h4><span class=\"ez-toc-section\" id=\"Easy-to-use_interface\"><\/span><b style=\"color: var(--color-gray); font-size: var(--font-size-b1); font-family: var(--secondary-font);\">Easy-to-use interface<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"color: var(--color-gray); font-size: var(--font-size-b1); font-family: var( --e-global-typography-text-font-family ), TTCommonsRegular;\">Generative AI can create dashboards and charts for analytics needs. This means that business users will no longer have to rely on developers to create dashboards for data visualization. Generative AI will take user input and design charts that present data in a way that makes sense to business users.<\/span><\/p>\n<p><span style=\"color: var(--color-gray); font-size: var(--font-size-b1); font-family: var( --e-global-typography-text-font-family ), TTCommonsRegular;\">&nbsp;<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Generative_AI_Eliminates_technical_jargon\"><\/span><b style=\"color: var(--color-gray); font-size: var(--font-size-b1); font-family: var(--secondary-font);\">Generative AI Eliminates technical jargon<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"color: var(--color-gray); font-size: var(--font-size-b1); font-family: var( --e-global-typography-text-font-family ), TTCommonsRegular;\">Business users often don\u2019t want to listen to technical jargon or care about database technology, whether it\u2019s Oracle, MongoDB, or Elasticsearch. Generative AI eliminates this technology gap, allowing business users to focus solely on their business needs. It bridges the gap between technical and non-technical users.<\/span><\/p>\n<p><span style=\"color: var(--color-gray); font-size: var(--font-size-b1); font-family: var( --e-global-typography-text-font-family ), TTCommonsRegular;\">&nbsp;<\/span><\/p>\n<p><span style=\"color: var(--color-body); font-family: var( --e-global-typography-text-font-family ), TTCommonsRegular; font-size: var(--font-size-b1); font-weight: var(--p-regular);\">Generative AI works as a connection, between the business requirements and the technical process of data analytics. This empowers Business Users to take on a streamlined role, in shaping their analytical projects. Rather than relying on developers for technical expertise, now Business Users can directly engage with their Data that comprehends their objectives and effectively carry out their insights.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, the potential for cost and time saving is enormous. By reducing the dependence on developers for Data Analysis Processes, Generative AI allows Business Users to allocate their time toward more strategic decision-making. At the time business units can effortlessly obtain the data-driven insights they require.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In conclusion, Generative AI has the potential to change the data analysis landscape by enabling machines to<a href=\"https:\/\/newfangled.io\/blog\/polus-ai-the-no-code-bi-and-etl-platform\/\"><b> write the code for the process of Data Analytics.<\/b><\/a> It also eliminates the need for technical expertise. As this technology continues to evolve, the possibilities for innovation in data analytics are limitless, and companies can greatly benefit from its adoption.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Introduction In a world of analytics where data is wealth, and the process of extracting insights from data has traditionally been a complex and time-consuming process, businesses have been completely dependent on software developers for a long time to bridge the gap between raw data and meaningful insights. &nbsp; This often involves a series of [&hellip;]<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_1938\" class=\"pvc_stats total_only  \" data-element-id=\"1938\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/newfangled.io\/blog\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[122],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>VADY Blog\u2014Updates and News | NewFangled VADY<\/title>\n<meta name=\"description\" content=\"Keep up with the latest VADY updates, announcements, information, and new features on the VADY blog. 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