Pyramid Analytics Solves the Last Mile of Analytics, Bringing New Prescriptive Analytics, Business Modeling, Optimization, and OpenAI Integration to Its Business and Decision Intelligence Platform
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Pyramid Analytics Solves the Last Mile of Analytics, Bringing New Prescriptive Analytics, Business Modeling, Optimization, and OpenAI Integration to Its Business and Decision Intelligence Platform

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Latest release of the Pyramid Decision Intelligence Platform drives enhancements throughout, resulting in the most complete, end-to-end data ecosystem for the enterprise, driving faster, better, more impactful decisions

LONDON & NEW YORK & TEL AVIV - A new release of the Pyramid Decision Intelligence Platform from Pyramid Analytics puts powerful analytics into the hands of more people, for more use cases, than ever before. Building on its vision to deliver a no-code/low-code, AI-driven approach to move enterprises—and the users making crucial daily decisions—along the analytics maturity curve. Key updates make sophisticated processes like business modeling, decision modeling, and various applications of prescriptive analytics more accessible and more useful to both technical and non-technical personnel.

Key features of the Pyramid 2023 release include the expansion of Tabulate and Solve, which offer business and decision modeling capabilities within the comprehensive Pyramid Platform. The integration of OpenAI's ChatGPT and DALL-E provides generative AI support for tasks such as creating spreadsheet formulas in Tabulate, generating code snippets in various languages in the Model app, and generating graphic designs in the Present app. Personalization tools like the new Hub feature cater to the specific needs of analysts and business users, enhancing their analytics experience and driving adoption, satisfaction, and productivity for efficient decision-making.

As a recognized leader in the Analytics and Business Intelligence (ABI) field, Pyramid was acknowledged as a "Visionary" in Gartner's 2023 Magic Quadrant for Analytics and Business Intelligence Platforms, commending the company's overall vision and execution capabilities. In the companion report, 2023 Critical Capabilities for Analytics and Business Intelligence Platforms, the Pyramid Decision Intelligence Platform ranked first in Augmented Consumer and Business Analyst Use Cases. Pyramid also achieved high rankings in the other Use Cases, including second place for the Data Scientist Use Case and fourth place for the Analytics Developer Use Case.

Pyramid Analytics' latest release, Pyramid 2023, includes significant upgrades and enhancements across the entire platform, incorporating over 80 new features, with more than 75% stemming from customer feedback and collaboration.

The enhanced Tabulate app introduces business modeling capabilities within the Pyramid Platform, allowing users to explore business scenarios, create forecasts, analyze financial and operational data, and examine business outcomes without the need for exporting data to separate tools.

Solve, a powerful engine, generates prescriptive and optimization solutions based on user-designed decision models, built through a user-friendly paradigm in Tabulate. With Solve, Pyramid users can quickly answer "what should I do?" questions and test "what-if?" scenarios, offering robust and accessible prescriptive analytics capabilities within the platform.

The integration of OpenAI/ChatGPT provides users with powerful generative AI capabilities, enabling the generation of spreadsheet formulas, queries, machine learning code, and data visualization designs using plain language and their organization's own database schema and tables. This integration enhances productivity, stimulates creativity, and lowers the skill barrier, enabling faster and lower-risk processes throughout the platform.

The new Hub feature empowers analysts and business users to personalize their landing page by adding their preferred Pyramid content as tiles. This tailored analytics experience enhances adoption, satisfaction, and productivity, facilitating better and faster decision-making. The Hub feature is also available to all Pyramid Embed customers.

Furthermore, Pyramid has simplified important data preparation and modeling tasks by introducing features like Custom Columns and Virtual Column Calculation, allowing users to extend their virtual semantic model and add/edit new columns without requiring custom SQL views. These enhancements, along with others, have improved query performance across the platform.

Schedule a demo of the Pyramid Decision Intelligence Platform

Executive quotes:

• Omri Kohl, Chief Executive Officer and Co-Founder: “Pyramid was recently named a ‘Visionary’ in Gartner's Magic Quadrant for ABI Platforms report. This massive movement across the quadrant is no accident: it's the result of our mission and commitment to deliver a comprehensive decision intelligence platform that helps people solve real business problems using all their data. And we have significantly furthered that mission with Pyramid 2023. Our enhancements to Tabulate and Solve—for business modeling and decision modeling—bring both predictive and prescriptive analytics into our platform; our integration with OpenAI harnesses generative AI to boost productivity and creativity and raise your teams’ analytic skills instantly; and our personalization tools like Hub provide a customized experience to increase efficiency and adoption. We can't wait for you to see how our end-to-end platform can revolutionize business decision-making.”

• Avi Perez, Chief Technology Officer and Co-Founder: “With Pyramid 2023 ‘Archimedes’, we have achieved our vision of a complete data factory for decisions: an end-to-end data ecosystem for the enterprise, driving faster, better, more impactful decisions. To do so, we added support for the elusive ‘last mile’ in analytics with business modeling in Tabulate and decision modeling in Solve. To make the platform more useful and user-friendly we again lowered the complexity barrier through another leap in more no-code tooling—with innovations like ‘Explain the Difference’ and our numerous OpenAI ChatGPT and DALL-E integrations. These major capabilities, together with the other 80+ features, drive more personalization options, improved query performance, and better embedding capabilities—delivering the most powerful, comprehensive business and decision intelligence platform available today.”

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