Microsoft Copilot’s Wave 2: A New Era for Analytics & Reporting?
Microsoft recently unveiled the newest phase of its Co-Pilots—AI-powered assistants designed to streamline workflows, increase productivity, and improve decision-making in organisations.
With advancements in generative AI and the seamless integration of these Co-Pilots into Microsoft 365, PowerBI, Dynamics, and other business tools, companies are on the brink of a new data-driven revolution. But what does this mean for analytics and reporting? And how can businesses ensure they’re ready to harness the full potential of these AI tools?
Microsoft and Verodat
The key to unlocking the true value of Microsoft Co-Pilots is AI Ready Data and Verodat is the leading platform in just that – getting businesses data AI Ready.
Verodat, coupled with this new wave of Microsoft Co-Pilot can power an entirely new, efficient and less expensive operating model for businesses.
The New Microsoft Co-Pilots: What’s Changing?
Microsoft Co-Pilots are evolving far beyond simple virtual assistants. These AI-powered tools are now capable of not only automating tasks but also generating deep insights, making recommendations, and even producing comprehensive reports. They can analyse trends, identify patterns, and provide predictive analytics—all without the need for human intervention.
For example, imagine asking Microsoft Co-Pilot within Excel to create a detailed sales report or predict revenue trends for the upcoming quarter. In seconds, it gathers relevant data, processes it, and delivers a comprehensive, AI-generated report. But while Co-Pilots promise significant advancements, their performance is still directly tied to one crucial factor: the quality of the data they are working with.
The Impact on Analytics and Reporting
With the introduction of Microsoft Co-Pilots, the analytics and reporting landscape is about to undergo a radical transformation. Here’s how:
- Enhanced Predictive Analytics: One of the standout features of Co-Pilots is their ability to harness machine learning to identify trends and predict outcomes. Whether it’s forecasting sales, detecting potential operational bottlenecks, or analysing customer behaviour, businesses can rely on AI to provide forward-looking insights.
- Seamless Reporting Automation: Co-Pilots can automate routine reporting tasks, freeing up analysts and decision-makers to focus on strategic initiatives. Complex reports, financial summaries, and operational dashboards that once took days to compile can now be created in a matter of minutes.
- Natural Language Querying: Users no longer need advanced technical skills to engage with data. Co-Pilots enable natural language queries—meaning employees can ask questions in plain English and get detailed, data-driven answers. This democratises data access, enabling everyone in the organisation to tap into insights without needing deep technical expertise.
Why AI-Ready Data is Key: Verodat’s Solution
While the potential of Microsoft Co-Pilots is undeniable, they are only as good as the data they work with. AI tools thrive on clean, structured, and high-quality data. Poor-quality data—whether incomplete, unstructured, or inconsistent—can significantly hamper the effectiveness of Co-Pilots, leading to inaccurate insights, flawed predictions, and misguided decisions. This is where Verodat’s AI-Ready Data comes into play.
Verodat helps organisations get their data AI Ready, without the need for large data projects. Our SaaS platform is designed to ensure that businesses are equipped with high-quality, structured, and reliable data, ready to be used by advanced AI tools like Microsoft Co-Pilots.
Here’s how Verodat helps ensure the success of AI-powered analytics and reporting:
- Data Cleansing and Structuring: Verodat’s platform automates the process of cleaning and structuring data. This means removing duplicates, filling in missing values, standardising formats, and ensuring consistency across all data sources. Clean, structured data is critical for Co-Pilots to function effectively and deliver reliable insights.
- Data Integration: Most businesses today operate in complex data environments, with information spread across multiple platforms and formats. Verodat integrates disparate data sources—whether from CRM systems, financial platforms, or operational databases—into a unified, accessible dataset. This unified view is key for Co-Pilots to perform accurate, cross-functional analysis.
- Real-Time Data Readiness: For organisations looking to leverage Co-Pilots for real-time analytics, the data must be continuously updated and accessible. Verodat ensures that businesses have near real-time, accurate data at their fingertips, empowering Co-Pilots to provide up-to-the-minute insights.
- Scalability and Flexibility: As businesses grow, so do their data needs. Verodat is designed to scale alongside your organisation, ensuring that as your data complexity increases, your AI tools—like Co-Pilots—continue to function seamlessly.
The Road Ahead: How Businesses Can Prepare
As Microsoft Co-Pilots become more embedded in business workflows, the competitive advantage will go to companies that are prepared to use them effectively. The key to leveraging this powerful AI lies not only in data readiness but in AI readiness. Organisations must prioritise data quality, integration, and accessibility to truly benefit from the advancements in AI-powered analytics and reporting.
By working with Verodat to get their data AI Ready, businesses can:
- Ensure their data is optimised for AI tools, maximising the impact of Co-Pilots.
- Accelerate time-to-insight by automating reporting and analytics tasks.
- Enhance decision-making through real-time, AI-driven insights and predictions.
- Future proof their process to ensure they are in the best position to avail of all the newest AI innovations.
In a world where data is the new currency, having the right data infrastructure in place will be crucial for businesses to thrive in the age of AI.
Conclusion
The new wave of Microsoft Co-Pilots promises to change the game when it comes to analytics and reporting. With AI at the helm, businesses can look forward to real-time insights, predictive analytics, and the automation of complex tasks. However, without high-quality, AI-ready data, the full potential of these tools may remain untapped. Verodat offers businesses the foundation they need to succeed, ensuring that Microsoft Co-Pilots deliver accurate, actionable, and timely insights.
As organisations embrace the future of AI-powered productivity, partnering with Verodat can help unlock the full value of Microsoft Co-Pilots and transform how analytics and reporting are done.