DataGPT announced Dynamic Benchmarking, giving business users the power to
analyze data by date range and perform head-to-head comparisons of
specific segments within the data over the same period of time.
Created in response to a request from a Fortune 100 media and
entertainment company, DataGPT is the first conversational AI data
analytics software provider to offer Dynamic Benchmarking. Unlike
stagnant dashboarding tools that lack this level of granularity, Dynamic
Benchmarking allows marketing and data teams to quickly find the
highest-performing segments of cohorts across two different time ranges
using Conversational AI prompts in everyday language.
"We are proud to unveil Dynamic Benchmarking, a testament to
DataGPT's commitment to innovation and meeting the evolving needs of our
customers," said Arina Curtis, CEO and
co-founder, DataGPT. "Today, we set a new standard in conversational AI
data analysis. Dynamic Benchmarking underscores our dedication to
providing nimble and efficient solutions that deliver valuable insights
and power informed decision making for businesses everywhere."
Echoing an overwhelming demand from its customers, DataGPT's
development of Dynamic Benchmarking cements the company as one that
actively listens to its users, and quickly strives to meet the needs of
its customers and the broader market. Dynamic Benchmarking enables users
to cover deeper and wider analytics than ever before.
"DataGPT has transformed the ease and speed in which I can use our
data. Other BI and dashboard tools were just simply too complex and time
intensive to get answers," says Dan Calzone,
Director of Growth, Plex. "But with DataGPT, it's like having a
personal data analyst at my fingertips. I can finally answer not just
what happened but why, without waiting hours or days for a new dashboard
to be created."
Key features of Dynamic Benchmarking include:
- Segment Isolation - Segments are a group of individuals who
share a common characteristic or experience within a defined time range.
For example, a new product or campaign launch. While many BI tools can
analyze user behavior over time, Dynamic Benchmarking offers the ability
to isolate segments and shift the timeline for head-to-head
comparisons.
- Versatile Analysis - Most traditional tools are unable to
assess data using launch date or lifecycle as a basis for comparison.
Dynamic Benchmarking provides a flexible tool that can be applied to
various scenarios, allowing users to analyze data from different
perspectives and gain comprehensive insights.
- Increased Efficiency - Dynamic Benchmarking is powered by
DataGPT's proprietary Lightning Compute Engine, which is 90 times faster
than traditional databases. Enabling 15 times cheaper analysis and 600
times faster query running than standard BI tools, Dynamic Benchmarking
enhances efficiency, reduces costs and makes data analysis more
accessible for businesses of all sizes.
"Traditional data analysis tools are slow, inefficient and lack the
capacity to compare all data points based on launch date or lifecycle,"
continued Curtis. "Now, by using Conversational AI to perform analysis,
business users are free from relying solely on data teams to conduct
sophisticated head-to-head segment comparisons."
Today's news comes on the heels of an impressive 2023 for DataGPT, which
launched out of stealth to enable every person, in every role, in any industry to use data to make decisions - big or small.