QueBIT Blog

QueBIT Blog: Insights from IBM TechXchange 2024: AI, Planning Analytics, and the Future of Business Insights

Written by Justin Croft | Oct 29, 2024 2:00:00 PM

Last week, I had the privilege of attending the IBM TechXchange conference in Las Vegas along with several of my colleagues from QueBIT. The event was a whirlwind of innovative ideas, insightful presentations, and valuable networking opportunities. In this post, I'll share some key takeaways and exciting developments that are shaping the future of business intelligence and analytics.

WatsonX: The Star of the Show

The central theme of this year's TechXchange revolved around WatsonX and its potential to solve real-world business challenges. IBM's Planning Analytics, a tool we at QueBIT are particularly fond of, has already begun to reap the benefits of WatsonX integration, with more enhancements on the horizon.

Autonomous AI Agents

One of the most intriguing developments discussed at the conference was the rise of autonomous AI agents. These AI entities are poised to revolutionize software by taking on a variety of tasks currently performed by humans. For Planning Analytics users, this evolution promises to make the tool more powerful and user-friendly.

Planning Analytics Roadmap

The future of Planning Analytics looks bright, with two exciting AI-powered features in the pipeline:

  1. A chat interface for analyzing and interpreting planning data
  2. A Large Language Model (LLM) capable of writing TI code

These advancements are sure to be game-changers for our clients, streamlining processes and enhancing data interpretation capabilities.

ESG: A Compelling Use Case for Planning

Environmental, Social, and Governance (ESG) considerations are becoming increasingly important in the business world. My colleague AG Tan delivered an excellent presentation on this topic, highlighting the powerful combination of IBM's Envizi for historical reporting and Planning Analytics for future emissions planning. As more companies embrace ESG initiatives, IBM's suite of tools positions them as a leader in this crucial area.

Integrating Planning Analytics with WatsonX.ai

Another standout presentation came from my colleague Mike Cowie, who demonstrated the integration of Planning Analytics with WatsonX.ai for enhanced data analysis and interpretation. The presentation also unveiled a potential future capability for ReportWORQ that integrates an LLM from WatsonX, sparking considerable interest and discussion among attendees.

Conclusion

The IBM TechXchange conference was a testament to the rapid advancements in AI and analytics. As we look to the future, it's clear that tools like WatsonX and Planning Analytics will play pivotal roles in shaping how businesses leverage data and AI to drive decision-making and operational efficiency. At QueBIT, we're excited to be at the forefront of these developments, helping our clients navigate and harness the power of these innovative technologies.