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AWS Bedrock and Kyligence Copilot: Revolutionizing Data Analysis

Author
Kaige Liu
VP, Head of North America
Jan. 10, 2024
 

In today's fast-paced business world, making data-driven decisions is not just an advantage, it's a necessity. In the era of AI, every business and organization must address how to maintain vitality and competitiveness. Data-driven decision-making has been proven over the past decade to be the best practice for enhancing competitive edge and efficiency. So, faced with the burgeoning development of Generative AI technology, how do we combine traditional data-driven approaches with Gen AI technology to achieve an effect where the whole is greater than the sum of its parts? How can we apply Gen AI quickly and efficiently for smart decision-making? When facing various large language models, what considerations should be made, and how should one choose?

 

In this article, we explore building a data copilot based on AWS Bedrock, designed to help businesses leverage their existing data. Utilizing capabilities of Gen AI in natural language processing, data exploration, and data analysis, a data copilot aids in democratizing data access, enabling agile data insights, facilitating self-service analysis, and enhancing intelligent decision-making for businesses. This approach represents a significant step towards integrating advanced AI technologies for practical business applications.

 

What is a data copilot?

A Data Copilot refers to a tool or system that assists businesses in utilizing their data more effectively. It leverages advanced technologies like Generative AI to enhance natural language processing, data exploration, analysis, and intelligent decision-making. The aim of a data copilot is to democratize data access within an organization, enabling agile insights, self-service analysis, and smart decision-making processes. It acts as a supportive mechanism, guiding users through complex data landscapes to derive meaningful and actionable insights from their data.

 

What is AWS Bedrock?

AWS Bedrock is a fully managed service by Amazon Web Services that allows users to build and scale generative AI applications. It offers access to a variety of high-performance foundation models (FMs) from leading AI companies, providing a single API for ease of use and flexibility in upgrading to newer versions. Bedrock supports customization of models, including fine-tuning with private data, and features Retrieval Augmented Generation (RAG) for more relevant responses. It's designed to execute complex tasks across company systems, ensuring security, privacy, and responsible AI application. For more information, please visit Amazon Bedrock's webpage.

 
foundational models available on AWS Bedrock
 

Why AWS Bedrock?

When choosing a large language model, the following factors need to be considered:

  1. Performance and Accuracy: Select a model that can accurately understand and respond to queries.
  2. Customization Capability: Choose a model that can be customized according to specific needs.
  3. Cost and Scalability: Consider the operational cost of the model and its potential for expansion within the organization.
 

AWS Bedrock stands out in addressing these factors effectively:

  • Diverse AI Model Selection: Amazon Bedrock offers a wide range of AI models from prominent companies like AI21 Labs, Anthropic, Cohere, Meta, Stability AI, and Amazon, providing diverse options for different use cases.
  • Enhanced Security with Customization: It integrates proprietary data into foundation models, allowing for the creation of personalized AI products without compromising data security.
  • Tailored AI Solutions: Bedrock's capabilities enable the development of specialized AI "agents" for specific tasks, such as automating insurance claims or designing advertising campaigns, catering to unique business requirements.
 

Kyligence Copilot

Kyligence Copilot is designed to enhance data analysis and business intelligence. It utilizes large language models (LLM) to process natural language queries, allowing users to easily interact with and analyze predefined metrics within a platform. The tool provides direct data analysis results, actionable recommendations, and can conduct attribution analysis to identify reasons behind significant metric changes. Additionally, Kyligence Copilot offers functionalities like automatic report generation, sharing capabilities, and the ability to link metrics with team or personal goals, aiding in comprehensive business strategy and decision-making. Here are some key capabilities of Kyligence Copilot:

 

Intuitive Interaction Through Natural Language

Kyligence Copilot's natural language processing allows users to ask questions as if they were talking to a human analyst. Imagine a marketing manager querying about the performance of a recent campaign. They could simply ask, "Why did our latest campaign underperform?" and Copilot, powered by Bedrock’s LLMs, would analyze various metrics to provide a comprehensive answer, identifying specific areas for improvement.

 
 

In-Depth Attribution Analysis

This feature allows users to delve into the reasons behind data trends. Consider a sales director noticing a dip in sales. By asking Copilot, "What caused the drop in our Q2 sales?" the system would perform an in-depth analysis, perhaps revealing that a competitor's aggressive marketing was a key factor, and suggest strategies to counteract this.

 
 

Custom Report Generation and Sharing

Kyligence Copilot empowers you to create custom reports based on your queries, which can be saved and shared with team members. This feature enhances collaboration and ensures everyone is on the same page, driven by the same accurate, up-to-date data insights.

 
 

Goal Alignment and Monitoring

With Copilot, setting and tracking business objectives becomes more streamlined. A company aiming to expand its market share could set this as a goal in Copilot. The system would then monitor relevant metrics, alerting the team if certain regions are not meeting expectations, and suggest corrective actions.

 

Regular Reporting for Strategic Decision Making

Kyligence Copilot regularly generates reports, offering deep insights for management and business teams. This facilitates informed decision-making and strategic planning, ensuring your business stays ahead of the curve.

 

Conclusion

The integration of Kyligence Copilot with AWS Bedrock marks a groundbreaking synergy in data analysis and business intelligence. This combination leverages the advanced AI capabilities of AWS Bedrock to enhance Kyligence Copilot's data processing, analysis, and reporting functionalities. It allows businesses to not only efficiently analyze large datasets using natural language but also to customize and secure their data analytics processes. This powerful pairing offers a comprehensive solution for enterprises seeking to maximize the potential of their data in an increasingly AI-driven business landscape.