Rows, the next-generation spreadsheet for businesses backed by Lakestar, Accel and Cherry Ventures. has launched Rows AI Analyst, its latest feature. The new tool aims to transform how spreadsheets are used, by automatically generating insights through transforming and analysing data. In a first of its kind, it will blend interpretation, analysis and reporting.
The AI Analyst summarises the main takeaways from any dataset, runs in-depth analysis, and answers any questions you might have about your data. It allows everyone to work faster by giving them a virtual data analyst while increasing accessibility for those without sophisticated coding and spreadsheet skills. For instance, this will help users understand what products are underselling, build reports on product usage and even summarise the winners and losers in the stock market.
The new product prioritises privacy, as unlike most AI assistants, no information beyond metadata leaves Rows, meaning any sensitive information is protected. This is also a first in the world of spreadsheets, as other offerings are either not yet live or require third party integrations or prompts from users.
Rows co-founder and CEO, Humberto Ayres Pereira, said: “Analysing data is a huge part of working with spreadsheets, but this takes too much time and effort and is rarely engaging for people. Instead of spending time writing formulas, filtering and sorting data, building pivot tables or even finding someone to help them analyse the data, anyone can now spend more time thinking about their approach to a problem with their end goal in mind.
“The problem is that many people aren’t necessarily fully equipped with data analysis skills and miss out on crucial information and trends as a result. Of the over one billion spreadsheet users worldwide, a large proportion struggle with many intermediate to advanced functions familiar with data analysts. I see automating these processes and generating these insights automatically as the natural next step in the future of spreadsheets.”
Rows users can instantly get data from over 40 business tools like Google Analytics, Twitter, Stripe, and Salesforce. Public databases like LinkedIn, Google Maps and Hunter can be accessed directly from Rows spreadsheets.
The platform also recently announced an OpenAI integration, allowing anyone to access the power of ChatGPT inside a spreadsheet and automate hundreds of tasks including text summarisation, classification, or translation. Anyone can create an account and start using Rows for free.