Gathr Data Inc. Redefines Data Analytics Landscape for Tangible Business Impact

CXOToday has engaged in an exclusive interview with Bhavin Shah, Sr. Vice President – Sales and Customer Success, Gathr Data Inc

1. Can you explain how Gathr Data Inc leverages data analytics to drive meaningful outcomes for businesses?

Gathr Data, Inc. offers Gathr Analytics that drives outcomes for businesses in three areas –

1) Enhancing Revenue Generation (2) Saving time and cost by improving productivity or operational efficiency and (3) Mitigating risk.

(1)   Enhancing Revenue Generation: Gathr’s smart connector framework, AI/ML capabilities, along with business workflows helps sales, marketing and customer success leaders enhance revenue. For example, who should salespeople call first since the prospect is highly likely to buy, or who should marketing target their campaign on since they have the highest possibility to act on the information. Typically, data for these decisions lies across silos and Gathr Analytics seamlessly bridges that gap and adds intelligence to drive revenue outcomes.

(2)   Improves Productivity: Gathr Analytics identifies flaws and inefficiencies within operational processes, helps automate and accelerate tasks and helps reduce waste thereby allowing organizations to streamline and boost productivity. For e.g., organizations have saved $MM of dollars in cloud spend automatically, orchestrated software releases based on rules, automated visibility on work being done leading to 95%+ time savings

(3)   Risk Mitigation: Gathr Analytics assist in identifying potential risks and proactively addressing them. Through comprehensive analysis of historical data and market trends, businesses can make prudent decisions to mitigate risks, optimize resource allocation, and fortify against unforeseen challenges. For example, organizations can spot customer sentiment before it starts to impact revenue opportunities, make go/no-go decisions on software releases before a customer may get impacted by it and many such examples.

2. How does Gathr Data Inc ensure that its data analytics processes translate into actionable insights for clients?

Gathr Data Analytics empowers customers by delivering insightful analyses of their data and actionable recommendations to facilitate swift decision-making. Gathr’s analytical prowess integrates various AI/ML modules to offer accurate predictions and recommendations. The platform facilitates seamless integration with pre-built algorithms for actionable analytics. Additionally, users can design applications capable of executing rule-based actions through the system itself. Bi-directional connectors to 250+ data sources allow action directly on the data source/target system further completing the cycle of actionable insights.

3. How does the recent launch of Gathr’s Gen AI Fabric contribute to the growth and development of the business?

The recent launch of Gathr’s Gen AI Fabric, set of AI capabilities in Gathr, represents a significant milestone for the business, offering a range of benefits that contribute to its growth and development:

1. Enhanced Value for Current Data: With the introduction of Gen AI Fabric, Gathr is able to extract even more value from its clients’ existing data assets. By leveraging advanced AI and ML capabilities, Gen AI Fabric can creatively enrich and enhance data, uncovering deeper insights and uncovering new opportunities for analysis and action.
2. Increased Client Engagement and Retention: The addition of Gen AI Fabric enhances Gathr’s value proposition to its existing clients. By providing innovative new capabilities and functionalities, Gathr strengthens its relationship with clients, making its platform more indispensable and “sticky.” This, in turn, increases client engagement and retention, driving sustained growth for the business.
3. Transition from Rule-Driven to Predictive and Generative Analytics: Gen AI Fabric enables Gathr to transition from traditional rule-driven analytics to more advanced predictive and generative analytics with the use of natural language interactions.
4. Enablement of Gen AI for Clients: For clients who have plans to implement Gen AI based solutions such as Retrieval-Augmented Generation (RAG), entity extraction from unstructured data, document summarization, sentiment analysis and more; but may lack the expertise or know-how, Gen AI Fabric serves as a valuable enablement capability. By providing easy-to-use AI operators and out of the box integration with various LLM providers, Gathr empowers clients to harness the power of AI and unlock new possibilities.
5. Advancement in Decision Intelligence and Analytics: The launch of Gen AI Fabric signifies Gathr’s commitment to advancing decision intelligence and analytics. By combining AI-driven insights with decision analytics, Gathr equips clients with the tools and capabilities they need to make smarter, data-driven decisions that drive business success.
6. Massively Increased Productivity with Gathr IQ: Gathr IQ is Gathr’s own copilot, essential component of Gen AI fabric, that revolutionizes the way users interact with the product by enabling the creation of widgets and dashboards through natural language prompts. This innovative feature drastically increases productivity, as users can quickly create data integration pipelines, generate visualizations and insights without the need for complex coding or manual configuration.
7. Predictive Suggestions for Experimentation and Creativity: Instead of users having to define all requirements from scratch, Gathr IQ provides predictive suggestions that stimulate experimentation and the creative process. By offering intelligent recommendations based on the data and metadata, the platform empowers users to explore new ideas of creating dashboards, presenting information and uncover hidden insights, driving innovation and informed decision-making.

Overall, the introduction of Gathr’s Gen AI Fabric represents a game-changer in the data analytics landscape, offering advanced capabilities that enhance productivity, enable creativity, and drive meaningful business outcomes. Customers can traverse the journey from data to outcomes in 5 minutes in many cases.

4. In what ways does Gathr Data, Inc. differentiate itself from other data analytics platforms in the market, particularly in terms of delivering tangible outcomes for businesses?

Gathr Data Inc. distinguishes itself in the data analytics market through a comprehensive set of features and capabilities:

Unified Platform Approach: Gathr offers an end-to-end solution covering the entire data journey, from extraction to outcomes, eliminating data silos and streamlining analytics processes for efficient insights and actions.

Smart Connector Framework: Powered by 250+ bidirectional connectors, Gathr seamlessly integrates applications across diverse categories, enhancing connectivity and data accessibility.

Contextual Navigation: Gathr’s patented, contextual navigation facilitates seamless navigation across data sources by leveraging relevant and contextual links derived from domain understanding of the source systems. This innovative approach allows users to enable more comprehensive insights into data relationships and patterns.

App Store with Predefined Templates, Solutions: Gathr’s platform includes an app store with a variety of predefined templates and solutions, enabling businesses to quickly deploy analytics applications tailored to their needs, reducing time to value, and accelerating ROI.

Out of the Box AI and ML Capabilities: Gathr provides built-in AI and ML capabilities, empowering businesses to leverage advanced analytics techniques such as forecasting, classification, sentiment analysis, predictive, prescriptive and generative insights without the need for extensive expertise or customization.

Excel-Like Formula Engine: Gathr’s formula engine offers familiarity and flexibility akin to Excel, allowing users to perform complex calculations and manipulations with ease, enhancing productivity.

Deployment Flexibility: Gathr offers deployment flexibility, allowing businesses to choose between on-premises, cloud-based, or SaaS options, ensuring compatibility with existing infrastructure and preferences.

Input Forms, Data Collection: Gathr facilitates data collection and input through customizable embedded forms, enabling businesses to gather relevant data from various sources and integrate it seamlessly into their analytics processes.

Through these and many more advanced features and capabilities, Gathr not only delivers tangible outcomes for businesses but also sets a new standard for usability, efficiency, and flexibility in the data analytics industry.

5. As the industry evolves, how does Gathr Data Inc continuously innovate its data analytics strategies to stay ahead and deliver impactful results?

Gathr Data Inc is built on a cloud-native, robust, flexible foundation designed to evolve alongside the dynamic needs of the industry. The platform boasts high extensibility, adaptability enabling enterprises to seamlessly integrate additional data sources, transformations, targets, AI/ML models and business workflows to extract insights and take immediate actions without having to write a single line of code. This adaptability guarantees resilience to future advancements and requirements in the realm of data analytics and AI.