Being able to truly analyze your businesses data was something that most small businesses simply never had the ability to do. Chances are you, the business owner, simply has no time left to sit there and draw out graphs and plot charts – and hiring a dedicated data analyst simply isn’t in the budget. This is where IBM’s latest Watson Analytics tool comes into play. The Watson Analytics tool is available at no charge and allows companies to upload data to it and, in return, receive insights to where the company is headed and what may be in the future. The idea behind the project is to give companies without data analysts a program that works for them.
The IBM Watson Analytics Tool is based on a freemium model allowing anyone to start out completely for free and upgrade later on down the line as you run out of space to upload more and more data.
Forbes reported that IBM will put sample data on the Watson Analytics site to assist users. The site will also feature tutorials and guides so users will quickly learn how to both supply their data but, also, understand it once it is analyzed.