Fluent Revolutionizes Business Intelligence with AI-Powered Large Language Models
A New Era in Business Intelligence
In the current landscape of large organizations, business intelligence (BI) tools have become an essential component for understanding operational performance. However, these tools often require significant technical expertise and can be cumbersome to use, leading to a lack of adoption among non-technical users. This has given rise to numerous software solutions that aim to simplify BI, but one U.K.-based startup is poised to revolutionize the industry with its innovative approach.
Introducing Fluent: A Conversational Layer for Business Intelligence
Fluent, a U.K. startup, has secured $7.5 million in seed investment funding led by Hoxton Ventures and Tiferes Ventures. This significant backing will enable the company to further develop its AI-powered large language model (LLM) technology, which enables non-technical users to interact with business databases using natural language queries.
The Problem with Traditional BI Tools
Traditional BI tools connect to a business database and use Structured Query Language (SQL) to create visualizations and build out dashboards. While these tools have become an essential component of many organizations, they often require significant technical expertise and can be time-consuming to set up and maintain. This has led to a lack of adoption among non-technical users, who may not have the necessary skills or knowledge to effectively use these tools.
The Benefits of Fluent’s AI-Powered Approach
Fluent’s innovative approach uses LLMs to translate natural language queries into SQL, generating answers much faster than traditional BI tools. This allows anyone, regardless of technical skills or business context, to ask questions in plain English and obtain insights from their data. By providing a conversational layer for business intelligence, Fluent aims to make it easier for organizations to extract valuable insights from their data.
A Significant Market Opportunity
The market for solutions is massive, with the global business intelligence market valued at $27.11 billion in 2022 and projected to reach $44.8 billion by 2025. With its innovative approach, Fluent is well-positioned to capture a significant share of this market.
The Future of Business Intelligence
Fluent’s AI-powered LLM technology has the potential to revolutionize the business intelligence industry. By making it easier for non-technical users to interact with business databases and extract valuable insights, Fluent can help organizations make more informed decisions and drive business growth.
Conclusion
Fluent is a game-changing startup that is poised to disrupt the business intelligence industry with its innovative AI-powered LLM technology. With its significant funding round and growing market opportunity, Fluent is well-positioned for success in this rapidly evolving landscape.
About the Author
Mike Butcher is a renowned journalist and editor who has covered the tech industry for over two decades. He is the co-founder of The Europas, an annual European tech startup conference and awards program, and has also advised UK Prime Ministers and the Mayor of London on tech startup policy. Mike was awarded an MBE in the Queen’s Birthday Honours list in 2016 for services to the UK technology industry and journalism.
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