Jedify announces $24M Series A to deliver the Context Graph for enterprise AI

The Age of Conversation-First Analytics

The Age of Conversation-First Analytics

06.24.2026

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Assaf Henkin

CEO

Jedify conversation-first analytics platform showing natural language BI replacing SQL queries for business users

Conversational analytics powered by large language models (LLMs) lets business users ask data questions in plain English and get accurate, governed answers, with no SQL writing or dashboard navigation required. How well that works in practice depends almost entirely on the semantic layer sitting between the language model and your data.

Ever since generative AI arrived, people have been asking when ChatGPT-like magic would finally fix analytics and free us from dashboard hell. The honest answer is that analytics has actually gotten harder over the past decade. Making sense of data today looks more like software engineering than self-service, and an entire data engineering discipline has grown up to handle work that DBAs and analysts used to own.

Earlier attempts to simplify analytics with natural language processing showed us exactly what the current generation needs to get right. Those NLP-based solutions turned out to be little more than smart auto-complete for field names in basic queries, falling well short of something that actually understands what a user is asking. Adoption stayed minimal, and these features became add-ons to traditional dashboards rather than a real alternative to them.

Generative AI and LLMs change the underlying capability enough that natural language can finally become the primary interface for data. After decades of dashboards and SQL, Jedify believes conversation should sit at the center of the analytics experience, with contextual visualizations following naturally from it. Dashboards become secondary, when they’re needed at all.

That shift is already underway. McKinsey’s 2025 Global Survey found that 62% of companies now deploy generative AI regularly in at least one business function. In analytics specifically, Gartner predicts that 75% of analytics content will use GenAI for enhanced contextual intelligence by 2027. The architecture underlying that interface determines whether the answers are trustworthy.

Two approaches to conversational analytics

Conversational analytics platforms divide into two camps:

  1. Thin LLM wrappers that translate natural language to SQL against raw schemas,
  2. Semantic-layer-grounded systems that encode your business logic before the model ever sees a question.

The accuracy gap between them runs 10–25 percentage points on real enterprise queries.

The first approach drops an LLM in front of your data source, adds a natural language input field, and calls it conversational analytics. Some vendors build thin layers on top of GPT-4 or Claude that translate plain English into SQL and return results. These chatbot wrappers are fast to deploy and impressive in demos. They handle well-formed, simple questions on clean data reasonably well.

The problems surface when you push beyond the demo. Without a semantic layer grounding the model in your specific business definitions, the LLM must infer what your metrics mean from table and column names alone. Ask “What was our Q1 ARR?” and the model might pull from different tables depending on phrasing, apply inconsistent logic around refunds or credits, and produce results your finance team would reject. Enterprise deployments achieve 70–85% accuracy only on clean, curated data with tightly scoped schemas. On real production databases with ambiguous naming and undocumented business logic, accuracy can fall as low as 10%, as demonstrated by GPT-4o’s results on the Spider 2.0 benchmark.

The second approach grounds every query in a structured semantic layer that encodes your business logic, metric definitions, entity relationships, and data governance rules before the LLM ever sees the question. The LLM reasons within a well-defined context, applying the definitions your organization has approved rather than guessing at what “revenue” or “churn” means.

With that context in place, enterprise deployments reach 85–95% accuracy on the same queries. Answers become auditable (the system explains exactly which data it used and which definitions it applied), consistent across different phrasings of the same question, and governed by the same rules your analysts would apply manually.

The accuracy gap between these two approaches comes down entirely to context quality. Running the same LLM against a bare schema versus a governed semantic layer produces results that differ by 10–25 percentage points — and often far more in practice. That gap is the difference between a tool your CFO will trust and one they won’t.

Why accuracy depends on semantic context

Semantic context is what allows an LLM to apply your organization’s specific definitions for revenue, churn, and active users consistently across every query. Without it, the model guesses, and in production, it guesses wrong often enough to matter.

An LLM has no inherent knowledge of your business. It doesn’t know what “active user” means to your product team, how your company calculates NPS, or which revenue lines your CFO includes in ARR. Give it a raw database schema and it will fill in those gaps as best it can. That best guess will be wrong often enough to matter.

A well-built semantic layer encodes the answer before the question is asked. Every metric, entity, and relationship in your business gets a definition the system retrieves and applies consistently. “Revenue” always excludes refunds. “Active” always means the trailing 30 days. Customer segments always use the exact criteria your marketing team approved. The LLM’s job shrinks from interpreting your business to reasoning about it.

This is the architectural reason conversational analytics struggled in the NLP era and can work now. Model quality improved significantly between 2018 and 2026, but the more consequential change is that the infrastructure for encoding business context at scale has finally caught up. A modern semantic layer can be built automatically from your data warehouse schema and enriched from internal documentation (such as: Slack threads, Notion pages, process docs) rather than assembled by hand through months of data modeling work.

The practical implication for buyers is straightforward: the accuracy you get is only as good as the context behind it. A platform running a lighter model against a richer, well-governed semantic layer will outperform one running a frontier model against a thin context layer.

Agentic analytics: from answering questions to acting on them

Agentic analytics systems go beyond single-turn question-and-answer to completing multi-step investigations on their own, pulling relevant cohorts, identifying patterns, cross-referencing data sources, and surfacing tested hypotheses without a human directing each step.

Conversation-first analytics replaced the SQL query. The next evolution replaces the analyst workflow entirely.

Gartner predicts that 40% of enterprise applications will include embedded AI agents by the end of 2026. In analytics, that means systems that go beyond answering “Why did churn spike last quarter?” to autonomously pulling the relevant cohorts, identifying the pattern, cross-referencing product usage data and support tickets, and surfacing a tested hypothesis — without a human directing each step.

Jedify’s Deep Research Agent runs a multi-step investigation across your full data and knowledge graph, surfaces the root causes behind data patterns, and delivers findings that would otherwise require an analyst spending several hours in the data. The output moves from “here’s the number” to “here’s why the number changed and what it means.” Where a standard conversational agent answers a single question, the Deep Research Agent completes the full investigation.

Agents that lack business context can move quickly through an analysis and still arrive at the wrong answer. A governed semantic layer is what keeps the investigation grounded in how your business actually works.

Evaluation criteria for enterprise buyers

The product demo is the wrong unit of analysis when you’re assessing conversational analytics platforms. Most demos run on clean, well-labeled data against pre-built semantic models designed to make the natural language interface look seamless. The real test happens with your data, your metric definitions, and your users asking the kinds of questions your team asks every week.

When evaluating conversational analytics platforms, test with your own data and your own metric definitions — not vendor-curated demos.

Seven dimensions separate platforms that hold up in production from those that look good in procurement:

  • 1. Semantic layer construction: Can the platform build and maintain its semantic layer autonomously, or does your team write and maintain YAML, LookML, or custom configurations by hand? Autonomous construction means the system keeps pace with schema changes. Manual construction means every schema change creates a maintenance ticket.

  • 2. Data breadth: Data warehouses hold structured data, but your business context also lives in Slack threads, Notion pages, process documents, and support tickets. Platforms that ingest only structured sources will produce answers that miss the institutional knowledge embedded in unstructured ones.

  • 3. Accuracy and explainability: Ask vendors for accuracy benchmarks against your specific query types, not a curated test set. Verify that the system can explain its reasoning — which metrics it used, which tables, which definitions were applied. Explainability is what lets business users trust the answers and lets your data team diagnose errors when they occur.

  • 4. Governance and security: Enterprise deployments require row-level security, role-based access control, and an audit trail of which user asked which question and which data was returned. SOC 2 Type II certification and GDPR compliance are baseline requirements for any platform that touches customer data.

  • 5. Time to first value: Platforms that require weeks or months of professional services configuration before delivering a working answer carry a cost that doesn’t appear in the license fee. Self-serve onboarding that reaches working conversational analytics in under an hour reflects a genuine architectural difference, not a marketing claim.

  • 6. Integration model: A conversational analytics product deployed as a standalone destination competes with every other tool your teams already use. Platforms that expose their semantic context via an MCP server or SDK let you embed analytics into Claude Desktop, Slack, or custom applications, meeting users where they already work.

  • 7. Agentic depth: Single-turn question-and-answer is the entry point. Evaluate whether the platform supports multi-step reasoning, autonomous workflow execution, and cross-source synthesis. Those capabilities determine how much analytical work can shift from your team to the platform over the next 18 months.

Vendors that deliver on all seven are building context infrastructure — and that’s the difference between a demo that impresses and a system your organization will still be running in two years.

Frequently asked questions about conversational analytics

What is conversational analytics?

Conversational analytics is a data analysis approach that lets users ask questions in plain English and receive accurate, contextualized answers — without writing SQL or navigating pre-built dashboards. Modern implementations use large language models grounded in a semantic layer that encodes business-specific metric definitions, governance rules, and entity relationships.

How does a semantic layer improve LLM accuracy for analytics?

A semantic layer encodes your organization’s definitions for metrics like revenue, churn, and active users before any query reaches the language model. Instead of guessing meaning from raw table and column names, the model applies approved, consistent definitions. This lifts enterprise query accuracy from the 70–85% range typical of thin wrappers to 85–95% on real production queries.

What is the difference between a conversational analytics chatbot and an agentic analytics system?

A conversational analytics chatbot handles single-turn questions — ask a question, get an answer. An agentic analytics system executes multi-step investigations autonomously: pulling relevant cohorts, cross-referencing data sources, identifying patterns, and surfacing root-cause hypotheses without requiring a human to direct each step. Agentic systems effectively replace analyst workflows rather than individual queries.

Why did NLP-based analytics fail before large language models?

Earlier NLP-based analytics tools functioned as smart auto-complete for database field names. They could construct simple queries from plain-language input but had no mechanism for understanding business intent or applying organization-specific metric definitions. Adoption remained low because the tools could not handle ambiguous, cross-source, or logic-dependent questions that make up most real analyst workloads.

What governance features should enterprise conversational analytics platforms include?

Enterprise deployments require row-level security to restrict data access by role, role-based access control tied to your identity provider, and a complete audit trail recording which user asked which question and which data was returned. SOC 2 Type II certification and GDPR compliance are baseline requirements for any platform handling customer or financial data.

How should we evaluate conversational analytics accuracy claims from vendors?

Request accuracy benchmarks run against your own query types and your own data, not a vendor-curated test set. Ask whether the system can explain which tables, metrics, and definitions it applied to reach each answer — explainability is both a trust signal for business users and a diagnostic tool for your data team when errors occur.

What does time to first value mean in conversational analytics procurement?

Time to first value measures how long it takes from signing a contract to receiving a correct, governed answer to a real business question in your environment. Platforms requiring weeks of professional services configuration before delivering working results carry implementation costs that don’t appear in the license fee. Architectures that support self-serve onboarding reaching functional conversational analytics in under an hour reflect a meaningful structural difference.

Empower your teams with Jedi powers

Assaf Henkin

CEO

Eyal Katz

Marketing Consultant

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