Effortless AI-powered analysis: introducing JedoxAI in the 2024.1 platform update

Jedox evolves to enable its users to offer the greatest strategic value to their organizations. Quarterly platform updates introduce new features and build on existing functionality to empower analysts, managers, and planners to achieve better business outcomes.

In the 2024.1 platform update Jedox introduces JedoxAI, helping users to interrogate data just by asking questions. There is also expanded technology coverage in Jedox Integrator, greater transparency of Integrator projects, and substantial enhancements to the Jedox Add-in for Excel 365.

Explore the updates in more detail below.

Go from question to insight in seconds with JedoxAI

Jedox introduced AI Search in 2023 to help users access in-product guidance just by asking questions. Now this technology (a generative AI-large language model) is available in Jedox Views, so users can automate the generation of Views with the power of conversational AI.

JedoxAI enables teams and executives to ask not just “what are our sales of menswear for the last quarter?” but also “why are menswear sales under forecast?” and even “how can we increase menswear sales and reach our target?”, for example.

 

This is an incredible development for those who aren’t technical analysts but are hungry for insight. Our vision is to expand JedoxAI across the entire platform, enabling even more conversational AI capabilities for an easier, more efficient, and enjoyable experience.

Jedox wants to help organizations move towards hyperautomation; where all the tedious manual analytical work is taken care of by technology. Jedox can help people spend less time processing data and more time delivering insight and strategic value to their organizations.

Excel integration improvements promote interactivity, focused analysis, and compatibility

Excel-like functionality, and powerful integration with Microsoft Excel is a popular reason users love Jedox. The 2024.1 platform update introduces several new features in the Jedox Add-in for Excel 365.

• Spreadsheet level interactions mean you can implement interactive buttons within spreadsheets to help users navigate documents and provide cues for Views.
• Virtual dimensions for Views mean you can use data attributes as normal dimensions, offering increased flexibility and more complex analysis when working with Views.
• Keep only mode helps you to focus analysis on selected data points by removing all other data elements in the View that are no longer required.
• Support for Excel dark themes offers optimal contrast and visibility, regardless of which Excel theme is being used.

Full data lineage transparency and Google Sheets cross-platform connection in Jedox Integrator

Jedox Integrator now helps users gain greater visibility of changes made to projects with Jedox Audit. This makes it easier for teams to share and collaborate, with the protection that a ‘breadcrumb trail’ is being created when complex data processes are underway

All modifications in the project will be logged as part of the log entry. Unique project XML files can be downloaded for posterity or so that projects can be restored to a previous version if required.

Jedox Integrator welcomed Google Sheets to the fold, new to native connectors, allowing you to connect, extract, and load from Google Sheets, bridging the gap between Microsoft and Google ecosystems.

New Views

The new Jedox Views component is now available within Jedox Web. This means you can create, open, and save all your Views in one place, and create templates to use in the future.

 

Intuitive functionality makes it easy to use, with fast performance, and changes reflected in real-time.

Conclusion

The 2024.1 platform update embodies the Jedox commitment to continually evolve and equip finance teams with best-in-class tools that create better business outcomes.

You can find out more about the platform release in the 2024.1 release notes on Jedox Knowledge Base.

Make decisions more confidently with Jedox. Request a demo today.