In a recent development, Absolutdata, a leading analytics and data science services company announced the launch of Absolutdata COVID-19 toolkit to help businesses navigate uncertain times.
The toolkit includes three solutions:
- ASK NAVIK: It is an AI-powered virtual assistant that provides instantaneous answers to critical business questions by pulling information from dashboards, databases and documents.
- NAVIK SIGNALS: It helps answer questions on how consumers will think, feel and act after the COVID-19 crisis is over; and
- COVID-19 SWAT Team: It helps to quickly develop dashboards and custom models for the current COVID impacted environment.
While the intelligent virtual assistant doesn’t have any installation fee, the other two tools will be free for a limited period of time.
Talking about the launch, Dr Anil Kaul, CEO and Co-Founder at Absolutdata said that at a time when every business is experiencing a situation that is unprecedented, they have unparalleled AI and Machine Learning based tools that can help in navigating the uncertainty.
“Our suite of award-winning tools harnesses the power of AI, backed up by our data science team. Absolutdata is waiving installation fees on ASK NAVIK, an Intelligent Virtual Assistant for business users, and we’re providing our cutting-edge NAVIK SIGNALS product, which measures public sentiment, to customers at no charge to help businesses adjust and recover,” he said.
AI-powered ASK NAVIK is perfect for employees who are working from home or anywhere. It doesn’t require any training and understands the industry and corporate terms. It is personalized for each user based on roles, access privileges and preferences. It works on desktop, tablet and mobile devices. ASK NAVIK can be up and running in as little as four to six weeks.
COVID-19 SWAT Team delivers dashboards and predictive models that factor in the new realities of the COVID-19 environment using COVID relevant KPIs, data sources and predictive models. Relevant data include the extent and severity of regional social distancing measures, greater online demand for products, retail outlet and product/service availability, logistic bottlenecks, supplier and consumer financial risk, government guidelines, etc., enabling more accurate forecasts and modelling.
NAVIK SIGNALS is designed to help businesses navigate the post-COVID-19 world by surfacing insights on changes in consumer attitudes, needs and behaviours. It has been developed using Natural Language Processing (NLP) and detects emerging consumer trends by analyzing data from social media, articles, opinion pieces, blogs and other similar sources.
It is currently free to use and identifies how consumers are likely to think, feel and act after the COVID-19 crisis is over. It continuously surfaces trends & themes that are likely to persist based on thousands of expert sources and learnings from past crises.
“Previous assumptions used in data are irrelevant today. The growing consensus is that the post-COVID-19 era won’t be a return to ‘normal’ — we’ll be dealing with a ‘new normal,’ and NAVIK SIGNALS can help businesses make better decisions so they can compete in the post-COVID-19 era,” said Kaul.
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Srishti currently works as Associate Editor at Analytics India Magazine. When not covering the analytics news, editing and writing articles, she could be found reading or capturing thoughts into pictures.