ai for small and medium business

AI for Small and Medium Businesses; not an oxymoron anymore

February 25, 2021

With dotData Cloud, a fully managed end-to-end AI solution, SMBs have AI-powered predictive analytics with zero coding at their disposal.

The latest Worldwide Artificial Intelligence Spending Guide from IDC shows that spending on AI is projected to double over the coming years to $110 billion by 2024, growing at a CAGR of 20.1%. While AI is becoming a must-have technology for large enterprises, small and medium businesses are getting left out. According to Deloitte’s State of AI survey, the top two benefits that enterprise customers are seeking from AI are making processes more efficient and enhancing existing products and services. 

However, these benefits are equally applicable and important to SMBs. In fact, SMBs will benefit more from creating new products and services, an area where small companies and startups shine, making employees more productive and enhancing the product portfolio by leveraging AI. Unfortunately, few SMBs are using AI. The perception is that AI and ML are time-consuming, expensive, and require large development teams. Small businesses often lack the data infrastructure required for AI and don’t have access to the latest data science platforms or teams of AI experts and data scientists. With the increasing reliance on cloud-based data platforms, SMBs are increasingly in a position where they have the data available for AI, but not the resources. Houston, we have a problem!
What if there was a solution specifically designed for SMBs that could address all the pain points associated with AI and ML? A product that leverages AI to automate the end-to-end data science process. But automation alone is insufficient, particularly for organizations without AI experience. How about a solution that includes professional data science training and best practices to get SMBs started? A fully managed enterprise-grade SaaS with a 45-day risk-free trial?

Providing the right team with the right tools and relevant training will enable businesses to move quickly to pilot AI technology. Our new dotData Cloud product helps Business Intelligence (BI) professionals develop AI and Machine Learning (ML) powered BI solutions. By using dotData Cloud, BI teams can quickly move from zero to a fully operational AI/ML experience in forty-five days.

With dotData Cloud, customers get an enterprise license for the most advanced automated machine learning (AutoML) Platform – dotData Enterprise. In addition, we’ve bundled training, use-case co-development, as well as a fully-managed SaaS environment. The solution is ideal for small and medium companies that wish to add predictive analytics capabilities to the BI stack without adding or growing expensive resources and data science teams. Many businesses need help with defining AI use cases and struggle with data readiness. The BI and analytics leaders at these companies have prioritized predictive analytics use cases but either don’t have a budget for hiring more data scientists or simply don’t have in-house data science skills. dotData Cloud allows these companies to leverage existing resources – in-house BI teams – and allows them to add more value with AI + BI – in record time.

The dotData Cloud solution provides full access to our award-winning dotData Enterprise platform and comes with powerful features:

  • 100% Cloud-based platform with enterprise-grade performance and scalability
  • AI-Focused data preparation that includes data value cleansing, statistical data profiling, and data re-architecting
  • AI-Powered Feature Engineering with feature hypothesis, query generation, and feature relevance validation
  • Machine Learning Automation with auto-algorithm tuning, accuracy validation, and model selection
  • Full support to onboard your first AI model included free of charge

The dotData Cloud solution is designed to provide everything SMBs need to get started with AI. Our vision is to democratize AI and empower BI teams – data engineers, analysts, and developers with an integrated all-in-one automation platform along with the necessary support, onboarding, and training. The only requirement is a serious commitment to action!  
If you want to build predictive dashboards, AI-powered BI applications but don’t know where to start or have ML on the roadmap but don’t have the budget for data scientists, you can leverage dotData Cloud and embark on digital transformation today.

Get started with dotData Cloud risk-free and with no upfront costs. You will get full access to our award-winning platform along with help from our experts with 45 full days to change your mind.
Interested? Find out more here

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Sachin Andhare

Sachin Andhare

Sachin is an enterprise product marketing leader with global experience in advanced analytics, digital transformation, and the IoT. He serves as Head of Product Marketing at dotData, evangelizing predictive analytics applications. Sachin has a diverse background across a variety of industries spanning software, hardware and service products including several startups as well as Fortune 500 companies.