Workday Acquires Augmented Analytics Startup Stories.bi

Stories.bi specializes in augmented analytics, a powerful approach that leverages machine learning and artificial intelligence technologies to automate analysis and deliver insights into what’s happening in a business. Stories.bi takes this a step further by identifying topline trends, issues, or opportunities in the organization, and then delivers personalized insights to a business user in a conversational, headline form such as “Actual shipments were $283,000 behind plan last quarter, 62% of which originate in Singapore.” From there, a user can go deeper to easily understand the drivers behind the headline—such as how this compares to previous quarters or the reasons for the change—and understand which actions they should take next.