Latttice: Empowering Businesses with AI-Driven Data Products

Timely data is essential for businesses striving to thrive. By transforming raw data into actionable products, organizations can drive growth, efficiency and innovation. Yet the three pillars of complexity, time and cost create significant challenges in accessing and utilizing data effectively.

Remember, data products are costly to build & maintain.

, Large banking & financial services client to Gartner

Data owners are often dependent on overburdened data teams, leading to reduced quality and delays that can render the opportunity missed. These bottlenecks hinder timely decision-making and impact a business's ability to remain competitive.

We created Latttice to address these challenges head-on. This AI-powered data product platform enables users to create, secure and share data products in real time. By redefining how businesses operate, Latttice empowers organizations to move from reactive to proactive decision-making.

Let's look at a real-world use case to see its transformative impact.

Sarah is a regional manager for a retail company. She oversees dozens of stores, each generating streams of data on sales, inventory and customer feedback. Her goal: optimize inventory management, keeping popular items in stock in the right store, while minimizing surplus.

To achieve this, Sarah needs insights from multiple systems: sales trends, supply chain updates, store layout, promotional programs and seasonal demand forecasts. But accessing this data isn't straightforward. Sarah relies on her company's data team, which is inundated with requests from other departments. By the time her data request is fulfilled, the information is often outdated, forcing Sarah to act reactively rather than proactively.

Having real-time data always available is becoming an expectation for customers. It's the world we're living in.

, Mindy Ferguson, AWS

Sarah's challenge illustrates the cost of failing to meet that expectation: missed opportunities, inefficiencies, increased cost, lost revenue and customer dissatisfaction.

Latttice empowers Sarah to access and create data products instantly to meet her requirements, without waiting on the data team. The data products she builds are repeatable (reuse over time), scalable (one store or many), secure, and shareable across the organization.

Zero-code data product creation

Using Latttice CoPilot and Fusion, Sarah merges sales data with supply chain timelines and inventory levels to monitor stock availability, and uses that same data product to power predictive models for next-best-action.

Data products deliver value when users and applications have the right data at the right time, with the right quality, in the right format.

, Databricks

At Data Tiles we call this the 5 Rs of a data product, including the extra R we believe is essential: the right person (or machine).

Embedded data governance

Latttice enables robust computational data governance, quality, privacy and contracts, ensuring compliance with organizational policies. Sarah accesses only the data she's authorised to view, sensitive data is treated appropriately, and governance rules run seamlessly in the background.

Data timeliness and governance ensure insights are up-to-date, high-quality, and securely delivered at the required time for their intended use.

, Monte Carlo Data

Real-time insights and dynamic dashboards

Within minutes, Sarah can connect her preferred tools to the data products she has built. She creates dynamic dashboards, powers analytical models and satisfies reporting requirements, and spends more time understanding sales trends, inventory and supply chain risk. The result: stores at risk of stockouts are flagged before customers ever notice.

Latttice integrates seamlessly with any tool of your choice, empowering you to use your data products instantly to drive smarter decisions in real time.

, Cameron Price, Founder, Data Tiles

With Latttice, Sarah transitions from a reactive role to a proactive decision-maker.

Organizations leveraging real-time data are 27% more likely to achieve double-digit growth year over year.

, Forrester Research, 2023

Sarah's story illustrates how Latttice addresses pervasive challenges in data product creation and decision-making. By putting control into the hands of data owners, Latttice ensures insights are timely, actionable and impactful. Businesses using Latttice gain agility, operational efficiency and a competitive edge.

With Latttice, you don't need to compromise on data timeliness or access, it seamlessly delivers both.

, Cameron Price, Founder, Data Tiles

Agility and precision are essential. Latttice empowers organizations to harness their data, make impactful decisions, and thrive with a competitive edge.

1. Mindy Ferguson, AWS. The expectation for real-time data availability. AWS Customer Success Blog, 2023.
2. Gartner. Data and Analytics Trends. 2023.
3. Databricks. Data Products for Business Success. 2022.
4. Monte Carlo. How to Ensure Data Reliability. 2023.
5. Forrester Research. The Impact of Real-Time Data on Business Success. 2023.
6. Cameron Price, Founder of Data Tiles. Latttice and the dual focus on timeliness and access. Data Tiles, 2023.