Akkio announced a new way
to interact with data that brings the latest advances in machine learning (ML)
to everyday Excel users.
Akkio's new Chat Data Prep allows users to transform
spreadsheet data by typing in conversational language rather than entering
traditional formulas and formatting commands. Leveraging AI and large language
models, Akkio's machine learning platform interprets conversational language
and changes the data as users request.
"The ability to easily transform data with plain language means a
10x reduction in the time it takes to prepare your data for analysis," said
Jonathon Reilly, cofounder of Akkio.
"Just ask for what you want, confirm the preview, and apply the
transform in a single click. You can even use Akkio to fix messy date fields,
for example by writing, ‘reformat the date to MM/DD/YYYY,' or do time-based
math operations like ‘calculate the days from the date to today'."
Large language models like ChatGPT have set the stage for this
movement and are already rapidly transforming the way we interact with
technology. These new advances in natural language processing capabilities
generate human-like text and create images when prompted by typed
descriptions.
Akkio's Chat Data Prep is the first solution for the
preparation and transformation of large volumes of data by large language model
technology. Anyone who has used Excel to try and correct a date format, pick a
name out of a field of text, or use VLOOKUP knows the tedium of succeeding with
a desired data transformation.
"Chat Data Prep saves users days of cleaning and preparing data
they would have once done with complicated formulas or SQL," said Reilly.
"Business users can upload a dataset, clean and prep data with the same
keystrokes they once used to describe the job to a team member, and download a
transformed spreadsheet."
Casual spreadsheet users working in excel and seasoned data
professionals working in Snowflake and Big Query both struggle to prepare and
format data, just on a different scale. Data scientists and Analysts spend as
much as 80% of their time on data preparation, and as little as 20% on insight
and modeling.
Akkio's machine-learning platform already makes it possible to
classify and sequence data, train predictive ML models, and forecast business
outcomes with minimal coding knowledge. With the addition of Chat Data Prep,
now machine learning does the data prep too.
Akkio customers use the platform for a wide range of applications
including lead scoring, churn reduction, revenue forecasting, ad spend
optimization, and for integrating ML-driven features into their own
custom-built products. Users can now clean and transform datasets in minutes
and gain business insights faster and easier.
Chat Data Prep is free for anyone to try for a limited time on the
Akkio platform and is available in the company's entry subscription plans,
which start as low as $50 per month. Try Chat Data Prep out now.