qlik

Using Qlik promotes effective financial management

Business success depends largely on the work of the finance, accounting and reporting departments. The information provided by these departments must be accurate, reliable and in real time. Qlik helps to solve such tasks as reducing costs, managing risk, increasing profits, increasing transparency of processes and others. The main Qlik’s mission is to transform disparate financial and accounting data into powerful financial analytics.

Cost management

Company expenses optimization is possible due to the unification of disparate data and the provision of more complete and accurate information. It contributes to a deeper study of data on costs, purchases, contracts, which allows you to identify new ways to optimize business activities.

Financial analysis and planning

Qlik provides professionals with sophisticated analytics for forecasting, planning, and budgeting.

Benefits management

The list of financial management tasks includes monitoring income and profit indicators to maintain the company’s financial balance. Qlik’s advanced analytics greatly simplifies this task with improved cash cycle and balance sheet visualizations.

Risk assessment and regulatory compliance

With Qlik tools it is possible to solve complex challenges related to risk and regulatory compliance. These tools provide financial professionals with access to aggregated data from multiple sources to effectively align governance with business priorities, make informed decisions, mitigate risk, and prevent fines and fraud.

DataLabs is a Qlik Certified Partner. A high level of team competence and an individual approach allows us to find a solution in any situation. You can get additional information on the project by filling out the form at the link

Previous #fridaypost “Qlik Analytics for the consumer goods market”

Qlik Analytics for the consumer goods market

Agility and flexibility are very important for the consumer goods market. Each team, regardless of the functional purpose, needs to receive up-to-date information on all business aspects. Information efficiency and reliability directly affects the efficiency of each company division.

Qlik Analytics combines data from different sources, provides freely exploration and analysis in real time that enables fast and effective decision-making. Qlik allows to:

Qlik provides an easy-to-understand workflow with interactive data visualizations and notifications so that important information is not overlooked.

Large companies from this segment use Qlik for their own purposes:

DataLabs is a Qlik Certified Partner. A high level of team competence and an individual approach allows us to find a solution in any situation. You can get additional information on the project by filling out the form at the link

Previous #fridaypost “Qlik is one of the main assistants of Life Science company “

Qlik is one of the main assistants of Life Science companies

Life science is a set of science fields that study the nature, structure, functions, behavior of living beings, as well as their development, evolution and relationship with the environment. This section is one of the priority areas for the science and technology development. The life science development has made it possible to significantly improve the quality and standard of living of the population. All developments are the result of processing and comparing a large amount of data. Therefore, the quality process of working with data plays an important role in the development of life science.

Qlik is an assistant to life science organizations to fulfill missions and new discoveries. The tool combines internal and external data for analytics, provides reliable information to all interested users, thereby ensuring a high-quality decision-making process at every stage.

The advantage of the Qlik platform is that all data is collected together and there is no need to switch between different systems (CRM, ERP, etc.). Each user can adapt the platform to their needs and interact with other users (researchers, doctors, patients, suppliers, healthcare organizations, etc.).

Qlik currently enables life sciences companies to explore data from social media and health records. This allows to improve existing developments and determine the priority direction of new ones. The platform is actively used to analyze various studies and identify new hypotheses, which as a result lead to the identification of effective treatment options.

DataLabs is a Qlik Certified Partner. A high level of team competence and an individual approach allows us to find a solution in any situation. You can get additional information on the project by filling out the form at the link

Previous #fridaypost “Media companies success is determined by quality of data usage”

Media companies success is determined by quality of data usage

The communications and media market is quite competitive and dynamic. Media companies collect terabytes of data. Success in this area can be achieved with the correct use of this data. Qlik’s end-to-end integration and analytics solutions transform all data into a useful asset for developing new ideas and solutions.

Qlik collects data from disparate sources for easy exploration and analysis in real time. Leveraging Qlik analytics solutions helps media companies gain a deeper understanding of the following:

Examples of using Qlik:

Qlik self-service analytics allows business users of the British telecommunications company BT Group to feel more confident in the data mining process, interact with all customer data in one place and with a single click.

Telecommunications and media company Charter, using Qlik to quickly adapt and standardize 200 TB of data from more than 60 sources, was able to save money by 85% and time by 200%.

SISTIC, a Singapore-based ticketing and ticketing service provider, uses Qlik to combine and analyze transaction and pre-transaction data to create and predict customer buying patterns, optimize demand-driven pricing, and improve cross-selling rates.

DataLabs is a Qlik Certified Partner. A high level of team competence and an individual approach allows us to find a solution in any situation. You can get additional information on the project by filling out the form at the link

Previous #fridaypost “Qlik for Energy and Utility companies” 

Qlik for Energy and Utility companies

Energy and utility companies generate large data amount. Correct work with it will help to increase production, improve efficiency and adapt to market changes.

The energy demand is constantly increasing. Energy companies need to meet this demand while respecting the environment and reducing their negative impact on it. Qlik Energy Analytics provides the ability to combine data from different sources, freely explore and analyze it to make informed and effective decisions.

Qlik analytics can help to solve the following problems:

Spatial Qlik Analysis provides location information using maps and geodata. For example, gas companies have the ability to improve efficiency and track market changes by aggregating, visualizing and analyzing performance data from intrastate, local and interstate distribution pipelines.

DataLabs is a Qlik Certified Partner. A high level of team competence and an individual approach allows us to find a solution in any situation. You can get additional information on the project by filling out the form at the link

Previous #fridaypost “Public sector uses Qlik and improves its mission realization”

Public sector uses Qlik and improves its mission realization

Qlik is a provider of analytical solutions not only for private businesses, but also for government agencies. Governments and educational institutions hold a large amount of disparate data. Their processing and correct analysis opens opportunities to improve provided service efficiency and the mission fulfillment.

Tasks that Qlik helps to solve:

reduce costs, streamline national security processes, food quality and safety control, drug quality control, etc. With the help of processes transparency provided by Qlik, the public can freely share the experience of using certain drugs and products, read reviews and make informed choices based on this information.

 improve the health care system performance. With Qlik, clinicians can see and analyze differences in patient outcomes, compare with possible medical protocols, and determine the most effective method for a particular patient. This, in turn, leads to cost optimization and greater patient satisfaction.

increase situational awareness and preparedness. By analyzing external and internal data, Qlik can increase the awareness of employees, prevent and mitigate the impact of situations that threaten the population lives.

quickly react to the situation and predict the results. Rapid response services have the ability to prepare for previously unknown situations. Qlik provides machine learning capabilities to generate multiple scenarios and evaluate likely outcomes.

investigate the crime rate, predict the next crimes and quickly respond to them. This analysis allows to optimize police officers and special units work, to determine the optimal number of participants in the operation and location.

Qlik solutions are also effective for all levels educational organizations. By analyzing student performance in the context of multiple factors (teacher qualifications, curriculum effectiveness, budget, etc.), the achievement gap can be narrowed and improved.

333 Philadelphia schools use Qlik to visualize student performance data on a public site. With embedded analytics, it is possible to analyze data in real time and define the curriculum for each school.

DataLabs is a Qlik Certified Partner. A high level of team competence and an individual approach allows us to find a solution in any situation. You can get additional information on the project by filling out the form at the link

Previous #fridaypost “High-tech companies’operations optimization with Qlik”

Hight-tech companies' operations optimization with Qlik

The high-tech sector is developing dynamically, new and improved products appear. The level of competition in this segment is high and companies have to find new ways to optimize processes.

Companies implement various innovations in their operations. It is possible to optimize them with flexible real-time analytics. Success in high technology depends largely on the company’s ability to identify and respond quickly to market changes.

Qlik’s high-tech analytics enables the process of combining data from different sources and analyzing it in real time. This allows to quickly solve problems based on data:

 solving problems with planning, forecasting and tracking income and expenses, taking into account the technology industry dynamic development, new product and categories frequent appearance, as well as serious competition (managers, finance department);

 target markets identification and coordination, effective work with leads, analysis of the influence of each team on the deal (marketing and sales team in the B2B segment);

 understanding customer behavior and needs, taking measures to retain customers and attract new ones (marketing and sales teams in the B2C segment);

 the innovation process acceleration by analyzing market research data and trends (innovation and development specialists);

 improving UX by analyzing the process of consumer interaction with the product (product development teams);

 optimization of stocks by ensuring transparency of sales and supply chains (production department).

Examples of using Qlik:

Lenovo: Leveraging Qlik has enabled the company to create a single source of truth and self-service analytics. This allowed the team to make efficient and fast data-driven decisions;

DocuSign: Using Qlik, the company was able to transform and combine data from different sources. With self-service analytics, 80% to 90% of applications are developed by business users;

Samsung: Qlik’s powerful embedded analytics gave employees quick access to sales and inventory data. Visiting commission efficiency has been improved by 20% with Qlik mobile retail apps.

DataLabs is a Qlik Certified Partner. A high level of team competence and an individual approach allows us to find a solution in any situation. You can get additional information on the project by filling out the form at the link

Previous #fridaypost “Qlik provides analytic solution for the manufacturing sector”

Qlik provides analytic solution for the manufacturing sector

The manufacturing sector also needs analytical solutions. Streamline production processes, increase chain flexibility, improve customer experience – Qlik can help to solve these and other challenges.

The real trend of our time is the 4th industrial revolution (Industry 4.0), which manifests complete automation of production. Processes are controlled in real time, taking into account the changing conditions of the external environment. There are 4 main technologies that can revolutionize the game:

Manufacturing enterprises are gradually innovating in their operations. Qlik provides a faster ROI and optimization process by offering innovative ideas.

It is also possible to improve enterprise productivity with Qlik technologies. Overall Equipment Effectiveness (OEE) analysis provides insight into the uptime of each manufacturing segment. Associative technology provides the integration of all key indicators at the level of a specific machine (productivity, quality, availability). As a result, manufacturers can analyze and accurately determine whether performance is improving or deteriorating, as well as its impact on performance.

Visualization of data from different sources (production volume, the percentage of scrap, the total operating time of the equipment, orders volume) makes it possible to conduct a comparative analysis and determine the level of compliance with standards.

Supply chain transparency is the foundation of corporate ecosystem management. Qlik provides direct connectivity to CRM, SCM systems, process control and other internal systems and external data sources. This allows to analyze every part of the chain, get accurate information and set up a flexible and dynamic supply process.

The Sales and Operations Planning (S&OP) process is a set of activities that are aimed at transforming strategic goals into real action. It combines financial goals, tracks actual sale points, backorders, and forecasts. Qlik indexing technology brings all this data together, thereby speeding up and simplifying S&OP processes.

DataLabs is a Qlik Certified Partner. A high level of team competence and an individual approach allows us to find a solution in any situation. You can get additional information on the project by filling out the form at the link

Previous #fridaypost “Retail industry is becoming smarter, faster and customer oriented with Qlik” 

Retail indusrty is becoming smarter, faster and customer oriented with Qlik

Describing the business areas where Qlik is applicable, it is impossible to pass by retail. Qlik technologies help to connect all information assets, generate insights and transform retail into a smarter, faster and more customer-centric business sector.

Consumers and e-commerce

The advent of digital opportunities for consumers has fundamentally changed the nature of retail. At the moment, almost every client uses digital technologies to search for a product or service, compare prices, and receive reviews. This allows users to make a purchase wherever and whenever they want. Having If the client doesn’t receive a relevant offer, he leaves to look elsewhere. Qlik analytics platform allows you to collect all the data on purchases across all sales channels, thereby providing complete information about customer behavior and preferences.

Qlik allows the following:

Delivery

The modern consumer demands fast delivery and flexible return conditions. A vision of the entire chain from an order receipt to its fulfillment makes it possible to meet these needs while reducing shipping and return costs. By connecting all delivery points, Qlik provides transparency throughout the process.

Retail Stores

The role of the retail store has changed slightly. Now it is the hubs for customer interaction and critical elements in the supply chain. Using Qlik, store employees can track sales, control stocks, make effective decisions on product placement, assess demand, and understand trends.

Qlik Geo Analytics helps to perform spatial analysis of disparate local data and make site-specific decisions. Qlik also enables real-time analysis of customer behavior and product quality. It allows to make a relevant offer to customers and increase business profits.

DataLabs is a Qlik Certified Partner. A high level of team competence and an individual approach allows us to find a solution in any situation. You can get additional information on the project by filling out the form at the link

Previous #fridaypost “Financial services indusrty transformation with Qlik”

Financial services industry transformation with Qlik

Events and actions are separated by a lot of scattered and incomplete data. Through a universal data engine, Qlik provides the ability to address the complexity of disparate data and provides users with the insights they need. Further some Qlik solutions for the finance industry.

Banking service

At the moment, banks are going through a transformation stage. Financial technologies development is the main changes accelerator. Open banking requires more complete customer information. Qlik Data Analytics enables to efficiently analyze risks and make informed competitive decisions, achieve an exceptional customer service, and work with a variety of use cases (from credit risks to built-in analytics using open APIs). This, in turn, allows to optimize risks, understand costs and increase profits. Banking professionals also use Qlik technologies to obtain all the necessary information about the client in order to prepare an individual proposal.

Insurance services

In the insurance industry, it is important to have a complete and clear picture of the situation. It often happens that decisions are made based on instinct and intuition. This leads to non-compliance with certain requirements and lost opportunity. Qlik’s powerful data analytics engine helps you eliminate uncertainty, get the information you need quickly, and make fact-based decisions.

Financial and investment companies

Qlik Associative works with data from the trading portfolios of the world’s largest investment banks and provides them with an efficient process for capital allocation, high risk management and trading scenarios. Qlik technologies also help meet the changing demands of regulatory authorities.

DataLabs is a Qlik Certified Partner. A high level of team competence and an individual approach allows us to find a solution in any situation. You can get additional information on the project by filling out the form at the link.

Previous #fridaypost “Using Qlik in healthcare”
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