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Cloud-based AI Tools

Amazon Announced 'Quicksight' as a New Generally-Available AWS Tool

— October 20, 2023 — Tech
Amazon Quicksight is a cloud-based business intelligence service that enables users to create and share interactive dashboards, reports, and insights from various data sources. Quicksight is designed to be easy to use, scalable, and cost-effective, with no upfront fees or licenses required. Users can connect to data in AWS, third-party applications, or on-premises databases, and use Quicksight’s powerful in-memory engine, SPICE, to perform fast analysis and visualization.

One of the unique features of Quicksight is its generative AI capabilities, which allow users to ask questions in natural language and get relevant answers and charts. Quicksight uses machine learning to interpret the intent of the question, analyze the data, and generate insights in seconds. Users can also use Quicksight to automatically forecast, identify outliers, find hidden trends, and act on key business drivers. Quicksight also supports embedding analytics into applications, providing a differentiated user experience and new monetization opportunities.

Image Credit: AWS
Trend Themes
1. Cloud-based Business Intelligence - The rise of cloud-based business intelligence tools like Amazon Quicksight provides companies with scalable and cost-effective solutions for creating and sharing interactive dashboards and reports.
2. Generative AI Capabilities - The integration of generative AI capabilities in tools like Quicksight enables users to ask natural language questions and receive relevant insights and charts in seconds.
3. Embedded Analytics - The ability to embed analytics into applications, offered by Quicksight and similar tools, opens up new opportunities for enhanced user experiences and monetization strategies.
Industry Implications
1. Cloud Computing - The cloud computing industry benefits from the demand for scalable and cost-effective cloud-based business intelligence tools like Quicksight.
2. Artificial Intelligence - The artificial intelligence industry is advancing with the integration of generative AI capabilities that power tools like Quicksight to provide quick insights based on natural language queries.
3. Software Development - Software developers can explore the embedded analytics capabilities offered by tools like Quicksight to enhance their applications and provide a differentiated user experience.
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