Qlik Sense – What Your Business Needs

Qlik Sense: The Tool That Will Help You Manage Your Business More Successfully

When talking about modern and effective business management, it is hard to overlook the importance of smart technology that can assist in data-driven decision-making. Qlik Sense, the advanced Business Intelligence platform, provides organizations with powerful tools for collecting, processing, and analyzing business information, thus making the business management process more efficient, accurate, and profitable. Let's dive into the depths of the advantages that Qlik Sense brings to the desk of managers and business owners.

Real-Time Business Insights

Qlik Sense enables organizations to connect and unify diverse data sources, such as databases, CRM applications, financial systems, and more, into a comprehensive and integrative business view. Using advanced in-memory processing technology, the system is capable of analyzing enormous amounts of data in real time, allowing business teams to gain immediate insights and react quickly to market changes.

Interactive Visual Reports

One of the prominent features of Qlik Sense is its intuitive and dynamic interface for creating reports and dashboards. The system offers a wide range of visual representation options, including graphs, tables, heat maps, and more, turning complex information into clear and easily understandable insights. Users can navigate and explore the data interactively, change filters, and dive deeper into the details at the click of a button.

Collaboration and Informed Decision-Making

Qlik Sense promotes a corporate culture of collaboration and transparency. The platform allows multiple users to work together on the same dashboards and reports, share insights, and engage in data-driven discussions. Thus, teams from across the organization can contribute their knowledge and experience to the decision-making process, ensuring that important business decisions are made based on complete and objective information.

Field Example: Safeguard Insurance Company

Safeguard Insurance Company adopted Qlik Sense to improve its client portfolio and risk management. The system allowed the company to consolidate data from multiple legacy systems, identify patterns in policyholder behavior, and segment the client portfolio more accurately. With the interactive dashboards of Qlik Sense, Safeguard’s insurance agents can now analyze performance in real time, adjust the product mix and pricing for different segments, and make more informed decisions during the underwriting process. As a result, the company was able to increase renewal rates by 15%, reduce claims losses by 10%, and improve overall profitability.

Tips for Successful Implementation of Qlik Sense in an Organization

1. Start with a clear objective and define KPIs to measure success.
2. Ensure the quality and consistency of the data entered into the system.
3. Conduct training and instill a culture of data-driven decision-making among employees.
4. Encourage collaboration between departments and integration of diverse perspectives.
5. Customize reports and dashboards to the specific needs of each team.
6. Ensure data security and compliance with relevant regulations.

Data on the Business Intelligence Market

• According to a Markets and Markets study, the global BI market is expected to reach $33.3 billion by 2025, with an annual growth rate of 7.6%.
• A survey by Dresner Advisory Services found that 62% of organizations view BI as a critical or very important technology for their business success.
• A research report by Gartner shows that organizations using BI report 36% faster decision-making and a 19% improvement in profitability.

In conclusion, Qlik Sense provides organizations with a powerful and dynamic analytical engine to drive growth and business development. With a suite of advanced visualization capabilities, fast performance, and a user-friendly interface, the system empowers both managers and employees to gain deep insights and turn them into value-generating actions.

Whether it is a large company or a small business, investing in Qlik Sense can fundamentally change the way the organization manages, analyzes, and leverages the data at its disposal. With the right tools, the right insights, and effective implementation, any organization can unlock the potential inherent in its data and lead the way in a competitive industry.