EP04: Is there a valid alternative to GA4? Analytics Lounge Talk with Adam Greco
Nov 14, 2023
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In this episode, we talk with Adam Greco, product evangelist of Amplitude, an advanced solution dedicated to data analysis. We discuss the future of AI in analytics, the transition from Universal Analytics to GA4, the capabilities of Amplitude, and career advice for digital analysts.
The future of analytics involves the need for a unified platform that covers core analytics functionalities and provides a comprehensive view of the customer experience across multiple platforms.
Artificial intelligence (AI) is expected to play a significant role in the analytics world by improving data quality, identifying insights, and facilitating faster decision making.
Deep dives
The Current State of Analytics
The digital analytics space has experienced significant changes in recent years, with vendors shifting towards an event-based model. This shift has led to the standardization of architecture, such as the transition from Google Analytics Universal to GA4 and the upcoming transition from Adobe Analytics to CJA. Additionally, the convergence of different disciplines around analytics, including marketing, product, experience analytics, experimentation, and customer data platforms (CDPs), has become prominent. This convergence has resulted in vendors adding new functionalities, and there are predictions of further consolidation in the industry.
The Future of Analytics
The future of analytics involves the need for organizations to have a unified digital analytics product that provides a comprehensive view of the customer experience across multiple platforms. This shift is driven by the fact that digital properties, such as websites and mobile apps, have become the primary touchpoints for businesses. The future lies in having a single platform that covers core analytics functionalities, including marketing analytics, product analytics, experimentation, session replay, and CDP capabilities. The consolidation of these functionalities is expected to reduce the complexity of analytics stacks and enable better understanding of the holistic customer experience.
Artificial Intelligence in Analytics
Artificial intelligence (AI) is expected to play a significant role in the analytics world. AI can contribute to better data quality by assisting in data collection and accuracy checks. It can also help in identifying interesting insights through anomaly detection and mining large amounts of data. Additionally, AI has the potential to synthesize reports and summarize data to facilitate faster decision making. Overall, AI is seen as a tool that augments human capabilities rather than replacing jobs, providing opportunities to leverage automation for data analysis and presentation.