December 5, 2024
|
Vincent Hoogsteder

Data has a new end-user, and that changes everything

We have developed data platforms and products with perception that the final end-user is someone sitting behind a computer screen, clicking around in data tools and graphical presentations of insights. This is all about to change.

For the past two decades we’ve seen an enormous growth in the data space. As data moved to the cloud, platforms like Google, Amazon, Microsoft surged, and companies like Snowflake and Databricks built multi-billion dollar businesses in a short amount of time. Venture capital dollars were poured into the "modern data stack", building a new generation of tooling that enabled data to flow from various systems to a central data warehouse, be cleaned and modeled and delivered in business intelligence interfaces. 

However, the modern data stack is already in for a serious overhaul. It was developed around the perception that the final end-user is someone sitting behind a computer screen, clicking around in data tools and graphical presentations of insights. But this is no longer the case, as AI is now increasingly becoming a key consumer of the data stack.

The person now working in business intelligence tools can finally get full insights, conclusions and suggested actions from interacting with AI. No more clicking on filter after filter or creating a dashboard for top management. AI assistants are becoming the predominant end-user of data, and doing this at a very rapid pace. This changes the game for building data platforms and products.

Redefining data sources

Even today most businesses are used to thinking of tools like CRM and ERP systems as the main data sources for their data infrastructure. The mantra is to extract all the raw data from these sources and load it into a central data warehouse. But with AI models and their ability to interpret any piece of information you throw at it, we need to start redefining what our source data actually is. 

SaaS systems like CRMs are essentially built to ensure a company gets standardized & structured data. However, with the current AI models, you can already skip many of these steps to get the required insights from that scattered and unstructured data without the strict workflow regimes of a typical SaaS product. Look at what Klarna is doing here for example.

LLMs are already really good at processing text, tables, images and even video into reliable information. And, in organizations, far more valuable data is stored in the many Word, Powerpoint, Excel and PDF files that teams produce and edit every single day, than the structured data in CRM, ERP and other systems. Combining smart semantic search with the power of LLMs unlocks rich context about customers, projects, and solutions that traditional data sources miss. Couple that with the increasing ability to interpret almost all kinds of information, and you have a winning combination.

A new way of data modeling

Until now, data modeling was all about transforming raw data into clean, structured, and readable formats, typically for human consumption. Today, many AI use cases can bypass this step, as models like LLMs have different requirements for data preparation, focusing on structuring data so AI can access and interpret it instead of formatting it for the user's consumption.

This means that data modeling now has very different challenges. It’s about finding the best way to extract as much detailed information as possible from documents using LLMs. Which, as it turns out, is a completely different ball game than writing database queries to reshape data and perform calculations on it. Companies with the best performing AI systems understand this very well, and have built completely new teams for this challenge. 

Business Intelligence will no longer be about dashboards and charts

For years, business analysts have built Business Intelligence through dashboards using tools like Tableau, Power BI, and Looker, relying on filters and drill-downs to create charts and tables.

AI now allows business users to ask questions in natural language, getting answers from all accessible documents in the organization, and even requesting charts with a simple query. Business Intelligence tools as we know them will drastically change in the next few years, as AI models become multi-modal and enable interaction through voice or messaging, eliminating the need for traditional filters.

This doesn’t mean that BI will disappear, as the daily insights will still remain relevant and user behavior isn’t changed overnight, but over time, more and more analysis will happen on the fly without the need for an analyst in between. 

Data has a new end-user, and that’s very exciting

AI is rapidly becoming the primary consumer of organizational data, transforming not just how we process, analyze, and present data, but also how we get to valuable insights. We believe that this is an incredibly exciting shift.

At Mozaik we’re already developing next generation data platforms for our customers that look totally different from the ones we would create two years ago. Pushing the boundaries of what data can do for us, and how. 

Come chat with us

Get in touch to find out what your data can do for you. Spoiler alert: it's a lot.

Contact Us