Revolutionizing the internal system with a Business Intelligent AI Agent

Next time, when you're building internal reporting and dashboards, think that again by using AI agents.

Howard Chi
Co-founder of Wren AI
October 2, 2024
October 2, 2024
5 min read

Revolutionizing  the internal system with a Business Intelligent AI Agent

Next time, when you’re building internal reporting and dashboards, think that again.

In today’s fast-paced business landscape, agility and customization are not just desirable — they’re essential. Business owners, startup CEOs, and founders are increasingly driven to develop internal applications tailored to specific needs, from scheduling and reservations to complex financial systems. These applications often pull data from internal  databases, offering bespoke solutions that off-the-shelf software simply cannot match. However, when it comes to internal reporting and data visualization, many companies default to building custom dashboards, a challenging process.

In this article, we’ll explore the potential of leveraging Business Intelligent AI Agent to create conversational interfaces that eliminate the need for manually crafted dashboards. By doing so, businesses can uncover a novel approach to enhancing internal systems, saving time, and fostering innovation.

The Challenges with Custom Dashboards

Custom dashboards are frequently seen as a solution to the reporting needs of custom-built internal systems. They allow businesses to visualize data, track KPIs, and make informed decisions. However, the process of creating these dashboards is often marred by several issues:

  1. Time-Consuming Development: Building custom dashboards requires significant time and resources. Developers must write complex code to ensure that data is correctly retrieved, processed, and displayed. This can delay the deployment of the overall system.
  2. Continuous Iteration: Business needs and objectives constantly evolve, necessitating frequent dashboard updates. Each iteration consumes additional time and effort, stretching development teams and budgets thin.
  3. Limited Flexibility: Traditional dashboards offer static data views, which might not always capture the nuances needed for decision-making. This lack of flexibility can hinder agile responses to new business challenges.
  4. User Training Requirements: Employees must be trained to use these dashboards effectively, increasing the time and cost associated with custom solutions.

While custom dashboards provide valuable insights and facilitate data visualization for businesses, their development comes with significant challenges. The time-consuming nature of building these dashboards, the need for continuous updates, limited flexibility, and the requirement for user training can strain resources. In the new AI era, we have a better way to deal with this challenge with AI.

Introducing the Business Intelligent AI Agent

In an era where businesses need to remain agile and data-driven, generative AI offers a cutting-edge alternative to traditional dashboards by leveraging conversational interfaces. A Business Intelligence AI Agent (BI AI Agent) is a powerful tool that combines artificial intelligence with data analytics to help companies make well-informed decisions based on their data. Here’s how this transformation works:

1. Enhanced Accessibility

One of the primary advantages of a BI AI Agent is its ability to democratize data access through conversational interfaces powered by generative AI. Instead of requiring technical expertise to create SQL queries or interpret complex dashboards, users can simply ask questions in natural language, such as: “What were our top-selling products last quarter?”.

This approach removes the need for specialized training and enables employees at all levels, from sales reps to executives, to easily access critical insights. For example, a non-technical HR manager could instantly retrieve real-time employee performance data to plan workforce development initiatives without relying on IT staff to build custom reports.

Make data accessible for everyone

Scenario: A small business owner managing several stores. Without needing a technical background, they could ask the BI AI agent to compare sales data across locations, check real-time inventory, and adjust strategies instantly, ensuring they stay on top of market demands.

2. Real-Time Insights and Flexibility

Unlike static dashboards, which only display predefined metrics, conversational interfaces are dynamic. They allow users to explore data from various angles and receive real-time responses tailored to their needs. If a marketing manager wants to analyze campaign performance, they can ask follow-up questions like, “Show me the engagement rate for Campaign A last month. How did it compare to Campaign B?”. This level of flexibility is crucial for businesses that need to pivot quickly in response to emerging trends or challenges. Whether it’s tracking product inventory, adjusting pricing strategies, or monitoring customer sentiment, a BI AI Agent can help businesses adapt faster than ever before.

Using BI AI Agent to get data from any data sources and import to Excel/ Google Sheet

Scenario: A finance team might need to prepare for an unexpected board meeting. Instead of manually sifting through multiple dashboards, they can ask the AI agent for the latest financial data, trends, and projections in real-time, allowing them to confidently address any questions that arise.

3. Reduced Development Overhead

Custom dashboards require significant developer time and effort to build and maintain. From gathering data to designing user interfaces, the process is often resource-intensive. By integrating a BI AI Agent, businesses can dramatically reduce this overhead. Developers are no longer burdened with the task of updating dashboards for every minor change or new metric requirement. Instead, they can focus on innovation and higher-value projects, such as enhancing core systems or developing new features that differentiate the business from competitors.

Scenario: A startup in the e-commerce space could save months of development work by using an AI agent to generate real-time sales reports instead of spending resources on custom dashboard updates every time they introduce a new product line or promotional campaign.

4. Continuous Learning and Improvement

A generative AI system learns and improves with every interaction, becoming more intelligent over time. The BI AI Agent can adapt to specific business contexts, recognizing recurring queries and fine-tuning its responses to meet evolving user needs. For example, after repeatedly asking the AI for sales trends by region, the system might proactively suggest more detailed insights, such as demographic breakdowns or seasonal trends, without needing explicit instructions.

As the system evolves, it enhances both efficiency and accuracy, driving smarter decisions for the business. This continuous improvement means the AI agent delivers more value over time, making it a long-term asset to the organization.

The BI AI Agent will learn every context from your organization.

Scenario: In a fast-growing company, the AI agent could gradually learn the CFO’s preferences for financial data, optimizing its responses for quarterly reviews. The agent can learn from past experiences to provide high accuracy for executives to obtain the data they need.

Wren AI Cloud: The Business Intelligent AI Agent.

Wren AI Cloud acts as a powerful AI conversational interface built on top of your existing data sources. The BI AI Agent allows you to ask business questions in any language, delivering immediate and relevant insights without the usual complexities. By understanding the nuances of your queries, Wren AI Cloud facilitates a seamless interaction with databases, empowering you to make informed decisions swiftly. Whether you’re analyzing sales trends or exploring market opportunities, the AI-driven insights enable swift, data-driven choices, enhancing business agility and efficiency.

Conclusion

With Wren AI Cloud businesses can unlock a new level of agility, insight, and operational efficiency. With real-time, conversational data access, reduced development overhead, and continuous learning, companies can break free from the limitations of traditional dashboards and foster a more innovative, data-driven culture.

Check out Wren AI Cloud to level up your business agility and productivity today!

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