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Why Qlik is the most effective tool for the business

Paraflow has been the trusted partner in Bulgaria for more than 10 years.

What are the 9 amazing opportunities that Qlik - a world leader in business analysis systems, gives organizations?

In this article, we will reveal 9 typical advantages of the Qlik business analysis and business intelligence solution. It is a business management tool that provides fast and valuable information for decision-making at any time and in any area of activity: from finance through production to human resource management.

1. Natural analytics and data discovery

Qlik performs the so-called 'natural analytics' through all available data stored in memory. By natural analytics we mean that the data search process does not follow predefined models, but searches for data and associations in the most natural way.

Users can quickly and easily perform data discovery and analysis processes in Qlik applications. Qlik allows fast, natural, unlimited data retrieval, along with providing easy associations and collaboration with many other data sources. This feature is supported by patented second generation QIX functionality.

This innovation enables users much easier and faster to access any data and information in the sea of ​​information resources of the organization.

2. Data collaboration and connectivity

Qlik provides a unique service for accessing external data for the organization in the cloud (DaaS), called Qlik Data Market. Such a data market allows the user to extract data sets from various public sources. Public data related to currencies, population, demographics, economic indicators, weather conditions and more are available. It is possible to use RESTful API connectors to connect and integrate with data sources such as LinkedIn, Facebook, Twitter, Adobe, Alfresco, Documentum and others.

Practically, organizational data is no longer analyzed only in their internal context, but as part of the global economy.

3. Mobility and scalability

Qlik mobile is compatible with iOS and Android devices. Mobile capabilities are getting better with each new version of Qlik. That way, users get great mobility and ease in analyzing data, generating reports and sharing on the go. We can use Qlik's mobile capabilities on any device such as a tablet, phone or laptop.

This allows users to share files quickly, communicate better with other users, have more network users, and increases productivity. Qlik12 can have 2.5 times more new users per hour. We can scale traditional Qlik integration from a single user to a solution that serves thousands of users.

4. Social data discovery

The discovery of social data offers the sharing of individual statistics and reports within or outside groups. The user can add annotations in addition to someone's insights into a data report, or also share bookmarks with data insights made by them with others. Qlik's user interactivity is enhanced by providing this feature, as users can also participate in live discussion sessions to ensure a well-thought-out step towards profit and business growth.

5. Enterprise platform capabilities

This is one of the cleverest features of Qlik. It is designed to maximize the efficiency of any type of enterprise (small or large). Qlik offers all the functionality such as sharing and collaboration, data security regulations, focused analysis, an integrated framework for the efficient operation of the enterprise. Qlik also offers administrative tools, as it has an IT-based management console that controls, manages and properly deploys all other components of the architecture and services.

In practice, this tool can be managed and scaled by the business organization itself, without the intervention of external consultants.

6. Interactive guided analytics

During the process of data discovery and interpretation of the collected data, the system helps the user by offering various ready-made templates. The most common business analyzes and business models are offered automatically by the software, which guarantees optimal and informed decision-making. Qlik is intended for management, but can be used by any employee in need of data analysis.

In this way, Qlik guarantees that the user will not miss any opportunity. The system offers charts, graphs, tables and other attractive visual aids for demonstrating and analyzing reports and even independent data. The user has full control and freedom to customize these applications and boards accordingly, not only according to their personal preferences, but also daily according to their dynamic needs.

7. In-memory storage technology

Traditional BI tools use a disk and query-based system for storing and retrieving data. Qlik is a pioneer and has revolutionized data operation and analysis.

In a traditional database arrangement, where data is stored on external memory disks and requests are sent as needed, the results show an extremely slow process of retrieving information. This often leads to a lack of the necessary data and information at the right time and decision-making, without being supported by the analysis of historical and financial indicators. While Qlik uses a patented architecture model, by means of which requesting a new reference or analysis does not load again and again the database from which the respective source records are drawn.

Data from various sources (even from traditional sources such as data warehouses) is loaded into the system's RAM and is ready to be retrieved from there.

8. Associative model

The associative data discovery model is one of the features of Qlik that makes it the most effective among its cousins. Traditionally, BI tools use a hierarchical approach to data retrieval. But Qlik optimizes this by reaching every single data field, its simplest and most independent point.

9. Comparative analysis

The comparative analysis functionality is an extension of the associative model. In this way, different fields and data sets can be compared. Users or developers can select data sections or comparison states. This comparison is supported by tables, charts, graphs for better assimilation and analysis of the compared data. With the help of this, rare dependencies and manifestations or exceptions in the business can be detected.

#Qlik helps the user make effective decisions, analyze data, and turn data into profitable information. And the implementation of #Paraflow manages to do all this in the easiest and most accessible way possible, regardless of the knowledge and level of IT competence of the management, operations officer or entrepreneur.



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