Slingshot – Digital IT News https://digitalitnews.com IT news, trends and viewpoints for a digital world Fri, 11 Oct 2024 21:48:47 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.16 Slingshot AI Empowers Teams with New AI Features for Actionable Insights https://digitalitnews.com/slingshot-ai-empowers-teams-with-new-ai-features-for-actionable-insights/ Thu, 10 Oct 2024 15:00:47 +0000 https://digitalitnews.com/?p=12367 Slingshot has unveiled new AI capabilities that enable teams to quickly make data-driven business decisions. With Slingshot AI, everyday users can now access clear, actionable insights from all company data sources—tracking performance, processes, people, and profitability across various departments, platforms, and channels—within seconds. These automated insights eliminate the need for manual data analysis, boosting productivity, [...]

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Slingshot has unveiled new AI capabilities that enable teams to quickly make data-driven business decisions. With Slingshot AI, everyday users can now access clear, actionable insights from all company data sources—tracking performance, processes, people, and profitability across various departments, platforms, and channels—within seconds. These automated insights eliminate the need for manual data analysis, boosting productivity, accelerating decision-making, and allowing teams to focus on strategic tasks that drive business growth.

Companies today have more data than ever before, but their data is only as valuable as the insights it provides to teams. For many companies, data is spread across several systems, channels and gatekeepers. This leaves data inaccessible to teams and unable to offer comprehensive insights into the performance of an organization, departments and projects. Companies also can’t properly run AI when data is siloed like this because the technology needs to easily access data in one place, to learn from and make decisions. In fact, 45% of companies say they haven’t implemented AI because their organization’s data is not yet ready, according to the 2024 Digital Work Trends Report.

Slingshot has been solving for disparate data since its inception by centralizing companies’ data across multiple data sources and systems. By bringing together this data, the work management platform has created an AI foundation for companies, directly in its platform. Now, Slingshot is pairing this centralized data with conversational AI to automate insights for teams, so they can quickly access and analyze data to integrate it into their everyday workflows and decisions.

Quickly understand performance and identify trends to make informed business decisions.

Teams are already bringing together analytics from multiple data sources in Slingshot, including databases and spreadsheets (e.g. Excel and Google Sheets), SaaS systems, Big Data and Cloud data products (e.g. Google Analytics, BigQuery and Snowflake), and financial, marketing and sales tools (e.g. Salesforce Marketing Cloud, HubSpot and Marketo).

With Slingshot AI, teams can ask questions in simple business terms and receive an answer in seconds, based on an interpretation of company data. This AI-driven analysis saves teams hours of searching and sifting through data, so they can focus instead on making the data drive value for the business.

For example, teams can understand how their latest marketing campaign performed across different platforms or identify the most recent customer trends from CRM and sales data, without manually going through any of the data. A marketing team, for instance, may ask, “How much did we spend on advertising last year?” or “How is marketing spend distributed by channel?” Slingshot AI will deliver immediate insights and answers based on company data across departments, platforms and channels.

Create dashboards to visualize data.

Teams can also automate multi-source data visualizations to identify trends, assess performance and forecast the next best steps for the business or a given project. When teams ask questions about business performance and trends, Slingshot AI will create visualizations–or charts, graphs and other types of visuals–based on company data. These data visualizations offer teams a holistic view into data so they can quickly understand patterns that are important for their overall performance and strategy.

These automated visualizations can be easily added to a permanent dashboard within Slingshot, so teams can regularly review them and evaluate performance in real-time.

Empower every employee to be a data analyst.

Historically, data has been managed and analyzed by highly skilled data analysts with years of training. Slingshot enables everyday business users-–or employees without prior data analysis experience–to derive value from data.

Slingshot AI analyzes and visualizes every piece of data and puts it into understandable terms for teams. Slingshot users simply have to ask questions regarding their data, and they will receive actionable responses in seconds. This empowers teams to use data in their day-to-day work, because they understand the meaning behind it and can easily use it to make decisions and drive productivity.

Translate insights directly into action. 

Slingshot’s AI capabilities enhance team collaboration and productivity by giving employees better access to both data and discussion highlights.

Data insights and visualizations created with AI can be seamlessly shared with other team members across Slingshot, creating alignment and setting a solid base for discussions and brainstorms. Slingshot AI also enables teams to summarize these discussions and extract action items. For instance, instead of reading through a week-long discussion after being out of the office, a team member can use Slingshot AI to summarize the discussion and understand what they missed in a few minutes. Teams can also automate action items from discussions or meeting notes, and immediately create tasks in Slingshot for team members to complete those action items.

“We’ve spent years building companies’ AI foundations as we created one place where companies can bring together all of their data, and now we’re giving teams the ability to act on that data quickly with automated insights,” said Dean Guida, Founder of Slingshot. “With Slingshot AI, we’re making it easy for every company to be a data-driven organization, to power better decisions, improve productivity, and ultimately, increase business growth.”

Slingshot is available as a desktop app (Mac and Windows) and mobile app (Apple App Store and Google Play) and via slingshot app.io.

Learn how Slingshot AI can unify your business data at the website here.

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2024 Digital Work Trends Report Finds Workers are Lost on How to Use AI https://digitalitnews.com/2024-digital-work-trends-report-finds-workers-are-lost-on-how-to-use-ai/ Thu, 22 Aug 2024 14:00:58 +0000 https://digitalitnews.com/?p=11806 Slingshot has published Part 1 of its two-part 2024 Digital Work Trends Report. The second annual report highlights a gap between managerial expectations for AI in the workplace and how employees are actually using it in their daily tasks. While employers have integrated AI to assist with initial research for tasks and projects (62%), manage [...]

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Slingshot has published Part 1 of its two-part 2024 Digital Work Trends Report. The second annual report highlights a gap between managerial expectations for AI in the workplace and how employees are actually using it in their daily tasks. While employers have integrated AI to assist with initial research for tasks and projects (62%), manage workflow (58%), and analyze data (55%), nearly two-thirds of employees (63%) are mainly using AI to double-check their work.

The new 2024 Digital Work Trends report, based on research conducted by market research firm Dynata, on behalf of Slingshot, reveals that only 23% of employees feel completely educated and trained on AI. And while 72% of employers say their employees are at least adequately trained on AI, only 53% of employees believe they are. There’s also a significant difference between genders with AI training: two-thirds (66%) of males feel they are adequately trained on AI, while only 44% of females say the same.

Additional findings of the report include:

  • Employers believe AI is driving more productivity than employees are experiencing: While more than half (60%) of employers believe that AI is significantly increasing employees’ productivity, only 44% of employees say they’re seeing a significant increase to their productivity with AI. Ten percent (10%) of employees say that AI is not increasing their productivity at all.
  • A majority of employees are getting at least one to two hours back in their workday with AI. Seventy-nine percent (79%) of employees say that AI saves them at least 1-2 hours a day, with 37% of employees saving 3-4 hours using AI tools. With the extra time in their workday, 63% of employees are reducing their overload of work to complete tasks in a timely manner, and 54% are using the time saved to re-prioritize and manage their workload more efficiently.
  • Many employers say their company’s data is not ready to support AI. Nearly half (45%) of employers say they haven’t yet implemented AI because their company’s data—or information that tracks performance, process, people and profitability–is not ready. For many companies, this means their data is siloed across departments, platforms and channels, and without centralized data, AI cannot run. Data is top of mind for employees too: 32% of employees say their company would be ready to support AI if it offered more training around data and AI.

“The workplace continues to undergo a rapid transformation as we now see more employers implementing AI tools into their businesses to drive efficiencies and increase productivity. While employers have specific intentions for AI in the workplace, it’s clear that they’re not aligned with employees’ current use of AI. Much of this comes down to employees’ education and training around AI tools,” said Dean Guida, Founder of Slingshot.

“AI has the potential to change the way teams work by allowing them to trade in highly repetitive, mundane tasks for more high-level, strategic projects. But the only way to unlock AI’s full potential in the workplace is to properly prepare employees and companies’ overall operations. Employers and employees are certainly on their way, but there’s still a lot more to be done, starting with centralizing data, increasing education around AI and reskilling and upskilling employees through continued training,” continued Guida.

Slingshot’s research is based on responses from 253 adult respondents across four age groups and all 50 states. Part 1 of the 2024 Digital Work Trends Report can be viewed here.

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Low-Code Software Provides Productivity Boost Survey Revealed https://digitalitnews.com/low-code-software-provides-productivity-boost-survey-revealed/ Thu, 18 Apr 2024 13:00:45 +0000 https://digitalitnews.com/?p=10573 According to the 2024 Reveal Biggest Software Development Challenges survey, low-code software has emerged as a significant advancement, proving to be a potent force in expediting app development and enhancing productivity. The survey, encompassing 585 respondents, revealed that nearly all participants (90.4%) reported increased developer productivity through the use of low-code tools. Furthermore, a majority [...]

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According to the 2024 Reveal Biggest Software Development Challenges survey, low-code software has emerged as a significant advancement, proving to be a potent force in expediting app development and enhancing productivity. The survey, encompassing 585 respondents, revealed that nearly all participants (90.4%) reported increased developer productivity through the use of low-code tools. Furthermore, a majority (43.5%) of developers reported saving up to half of their time when employing low-code tools on projects.

“Low-code software has real value in democratizing software development to include non-developers,” says Jason Beres, Senior VP of Developer Tools at Infragistics, and creator of App Builder software. “It puts users in control of application development and empowers teams to develop and modify applications using intuitive tools without coding expertise. The global shortage of skilled software developers drove the implementation of low-code software for non-programmers and has resulted in improved efficiency.”

The survey found that building apps significantly consumes development resources, with 28.2% of developer’s time dedicated to coding and 24.8% to design. This marks progress from 2023, where coding alone accounted for 43.4% of their time.

Low-code tools make it easier to create apps without a designer or design team. Nearly half of respondents (47.2%) work with a designer in 2024 compared to 88.8% who worked with a designer in 2023.

The Market for Low-Code Tools is Exploding

Low-code platforms like App Builder have surged in popularity, due to their ability to simplify app creation for business and technical users, thereby saving time and money. The 2024 Reveal survey reports that two-thirds (71.8%) of developers are now using low-code/no-code tools. Additionally, more than half (56.4%) anticipate greater reliance on these tools in 2024. Nearly one in three developers (28%) aim to adopt low-code/no-code tools within the year and 26.7% seek software suitable for citizen developers.

In addition, a third (33.5%) of respondents plan to implement designer/developer collaboration tools.

“Strained technology budgets, a shortage of developers and the pressure to work efficiently and deliver better services have fueled the low-code boom,” says Beres. “Companies are realizing that if they streamline their low-code stack, they can achieve cost reductions, enhance business resilience, and better adapt to a rapidly changing competitive landscape.”

According to KPMG, “Analysts predict that low code will become the preferred software development method by 2025. Gartner expects the market to grow to almost $30 billion by then, with a compound annual growth rate of 20 percent. Clearly, the industry has great expectations for low code adoption and utilization. For now, companies are deciding how to transition from selective low code adoption to the cohesive, enterprise-wide approach that would drive these lofty growth expectations.”

One of the most significant benefits of adding low-code tools to your tech stack is that they bridge the gap between design and development, offering pre-designed templates and drag-and-drop interfaces. In an age of developer shortages and overworked programmers, low-code software not only increases productivity, but it also improves organizational efficiency, overcomes development backlogs, reduces costs, and uses fewer resources. The rise of low-code/no-code platforms is shaking up the world of software development – not by replacing traditional programmers but by expanding the toolkits available to software developers and enhancing their productivity. Learn more about low-code software as a significant advancement in the App Builder report.

Survey Methodology

A total of 585 software developers and IT professionals participated in Reveal’s fifth annual survey from December 2023 to January 2024.

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Digital Work Trends Report Findings Released by Slingshot https://digitalitnews.com/digital-work-trends-report-findings-released-by-slingshot/ Thu, 14 Dec 2023 18:00:46 +0000 https://digitalitnews.com/?p=9627 Slingshot has unveiled additional insights from its 2023 Digital Work Trends Report, exposing a gap between leaders’ expectations for work standards and employees’ actual needs for productivity and performance. Despite the common practice of frequent check-ins by employers to monitor progress and enhance productivity, employees disclose that having clear priorities (42%) and established deadlines (30%) [...]

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Slingshot has unveiled additional insights from its 2023 Digital Work Trends Report, exposing a gap between leaders’ expectations for work standards and employees’ actual needs for productivity and performance. Despite the common practice of frequent check-ins by employers to monitor progress and enhance productivity, employees disclose that having clear priorities (42%) and established deadlines (30%) would contribute more significantly to their productivity.

Slingshot’s Digital Work Trends Report explores the relationship between employees’ productivity and management. The report shines a light on how employees’ productivity and performance are impacted by many of the things they look to their leaders for, including priorities, deadlines, and the amount of work they’re responsible for. The report also reveals a generational divide in the ways employees navigate work and manage as leaders.

“Employees often feel overloaded, unsure of priorities and deadlines, and afraid to say no to additional work–even when they have too much on their plates already. And leaders are left scrambling when employees haven’t been focusing on the highest-value task or miss deadlines after taking on too much. This is all caused by a lack of visibility and alignment across teams,” said Dean Guida, Founder, Slingshot.

The new, inaugural report is based on research conducted by market research firm Dynata, on behalf of Slingshot.

Among the findings:

  • Employees are overloaded and unguided–and they’re losing half of their day because of it. Employees say their productivity is most negatively impacted when they have too many projects/tasks on their plate (37%), don’t know what their priorities are (25%) and have no set deadlines (17%). A majority of employees (64%) say they lose at least 1-2 productive hours a day when they don’t have deadlines–with 22% of employees saying they lose 3-4 hours each day. Having to juggle too many projects follows closely, with 62% of employees losing at least 1-2 productive hours a day and 20% saying they lose 3+ hours to it.
  • More meetings don’t mean more productivity. More than half of leaders feel the need to closely supervise employees when they are not delivering quality work (69%) or hitting deadlines (52%). But employees feel micromanaged when their boss checks in on them too often (45%) or they have unnecessary status meetings (43%). In fact, 25% of employees say work meetings are the most frustrating interruption throughout their day.
  • Generations and genders differ in their approach to determining priorities in the workplace. Nearly half (49%) of Millennial workers (ages 27-42) guess what’s most important when they are not given priorities, while 33% of Boomer workers (ages 59+) and 35% of Gen X + Y workers (ages 43-58) choose what to do. A majority (55%) of Gen Z workers (ages 18-26) say they communicate with their colleagues to identify priorities. Males and females differ in their approach as well: 43% of females communicate with their colleagues to identify priorities while 45% of males say they choose what they want to do.

“Where employees spend their time is where their priorities lie–but this often doesn’t line up with their leaders and the larger goals of the company. Once teams are aligned on goals and objectives, employees are clear on their priorities and expected outcomes and leaders can have peace of mind that the right things are getting done in a timely manner. This is what will drive business results,” continued Guida.

The two-part 2023 Digital Work Trends Report is based on responses from 305 adult respondents working full-time as employees and leaders, across four age groups and all 50 states. View the full Slingshot 2023 Digital Work Trends Report Findings.

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