The Merriam-Webster dictionary defines the word 'augment' this way: 'to make greater, more numerous, larger or more intense'. If you are wondering how this applies to the term 'augmented analytics', you are not alone. Let's take a closer look at Augmented Analytics and talk about why it has gotten so much attention in the business intelligence world.

What is Augmented…

Data mining is the process of looking at large banks of information to generate new information. Intuitively, you might think that data “mining” refers to the extraction of new data, but this isn’t the case; instead, data mining is about extrapolating patterns and new knowledge from the data you’ve already collected.

Relying on techniques and technologies from the intersection of database management, statistics, and machine learning, specialists in data mining have dedicated their…