Qlik Answers Now Available for AI-Driven, Fully Explainable Insights from Vast Unstructured Business Data

Qlik Answers Now Available for AI-Driven, Fully Explainable Insights from Vast Unstructured Business Data PHILADELPHIA, July 30, 2024 (GLOBE NEWSWIRE) — Qlik®, a global leader in data integration, analytics, and artificial intelligence (AI), today announced the general availability of Qlik Answers™, its newest self-service AI solution designed to help organizations harness the power of AI by removing the risk, embracing the complexity, and scaling the impact of AI. Qlik Answers transforms unstructured data into actionable results through generative AI, offering full explainability—a common obstacle in enterprise AI adoption. Qlik Answers combines generative AI with Qlik’s trusted data analytics capabilities to deliver precise, contextually relevant results from extensive unstructured data sources. This solution enables customers to seamlessly integrate AI into their existing Qlik business intelligence workflows, ensuring efficient use of resources and avoiding technical debt. “Qlik Answers is designed to help businesses use their unstructured data to make better decisions,” said Brendan Grady, Executive Vice President and General Manager of Qlik’s Analytics Business Unit. “This solution integrates our strengths in analytics and data with generative AI, providing users with precise answers to their questions. With Qlik Answers, we are offering a tool that supports the direct translation of unstructured data into tangible business outcomes.” Key Benefits of Qlik Answers: Business Intelligence Reporting: A Complete Guide Qlik AI-Powered Responses: Delivers relevant answers from curated knowledge bases, enhancing the utility of unstructured data.Rapid Deployment: Offers a ready-to-use solution, reducing the time and complexity of deployment.Transparency: Ensures full explainability with answers linked to their source documents, fostering trust and consistency.Broad Connectivity: Integrates with existing systems and platforms, using Qlik’s enterprise connectors to access a variety of unstructured data sources.Enhanced Efficiency: Supports real-time business activities and decisions, enabling users to quickly access relevant information. “We’re excited to see Qlik focus on unlocking business outcomes from unstructured data with Qlik Answers,” said Stefan Heinz, Senior BI & Analytics Manager at Bystronic Group. “The full explainability and integration with Qlik’s trusted analytics platform promise to drive responsible and effective use of AI at an enterprise level.” Qlik Answers combines technologies to deliver reliable and efficient access to unstructured data. At its core, the solution uses Retrieval Augmented Generation (RAG), which merges retrieval-based and generative AI methods. This technique dynamically retrieves relevant documents from pre-indexed knowledge bases and generates precise, contextually relevant responses. By leveraging modern generative models, Qlik Answers can interpret and synthesize information from diverse sources, providing users with concise and actionable answers. To ensure seamless integration with existing systems, Qlik Answers utilizes Qlik’s trusted enterprise connectors. These connectors allow the solution to access a wide range of unstructured data sources without requiring extensive data movement or reconfiguration. This approach not only simplifies deployment but also maintains data integrity and accessibility. Additionally, Qlik Answers is designed with full explainability and transparency in mind. All AI-generated answers are traceable back to their original sources, enabling users to verify and trust the information presented. Business Intelligence Tools: Reviews of Top BI Software Qlik Answers is also self-service oriented, allowing business users to deploy and manage AI-driven knowledge assistants without needing extensive technical expertise or custom development. This ease of use ensures that organizations can quickly benefit from the solution, supporting real-time business activities and enhancing decision-making processes. To learn more about Qlik Answers and how it can improve your business operations by unlocking the potential of unstructured data, visit Qlik Answers. About QlikMedia ContactQlik converts complex data landscapes into actionable insights, driving strategic business outcomes. Serving over 40,000 global customers, our portfolio provides advanced, enterprise-grade AI/ML and data management. We excel in data integration and governance, offering comprehensive solutions that work with diverse data sources. Intuitive analytics from Qlik uncover hidden patterns, empowering teams to address complex challenges and seize new opportunities. Our AI/ML tools, both practical and scalable, lead to better decisions, faster. As strategic partners, our platform-agnostic technology and expertise make our customers more competitive.   Keith Parker keith.parker@qlik.com   512-367-2884 © 2024 QlikTech International AB. All rights reserved. All company and/or product names may be trade names, trademarks and/or registered trademarks of the respective owners with which they are associated. What is Business Intelligence? A Complete Guide Qlik Qlik Introduces Qlik Answers to Transform Unstructured Data into Business Insights PHILADELPHIA, July 30, 2024 — Qlik, a global leader in data integration, analytics, and artificial intelligence (AI), today announced the general availability of Qlik Answers, its newest self-service AI solution designed to help organizations harness the power of AI by removing the risk, embracing the complexity, and scaling the impact of AI. Qlik Answers transforms unstructured data into actionable results through generative AI, offering full explainability—a common obstacle in enterprise AI adoption. Qlik Answers combines generative AI with Qlik’s trusted data analytics capabilities to deliver precise, contextually relevant results from extensive unstructured data sources. This solution enables customers to seamlessly integrate AI into their existing Qlik business intelligence workflows, ensuring efficient use of resources and avoiding technical debt. “Qlik Answers is designed to help businesses use their unstructured data to make better decisions,” said Brendan Grady, Executive Vice President and General Manager of Qlik’s Analytics Business Unit. “This solution integrates our strengths in analytics and data with generative AI, providing users with precise answers to their questions. With Qlik Answers, we are offering a tool that supports the direct translation of unstructured data into tangible business outcomes.” What is Business Intelligence? A Complete Guide Qlik Key Benefits of Qlik Answers: AI-Powered Responses: Delivers relevant answers from curated knowledge bases, enhancing the utility of unstructured data. Rapid Deployment: Offers a ready-to-use solution, reducing the time and complexity of deployment. Transparency: Ensures full explainability with answers linked to their source documents, fostering trust and consistency. Broad Connectivity: Integrates with existing systems and platforms, using Qlik’s enterprise connectors to access a variety of unstructured data sources. Enhanced Efficiency: Supports real-time business activities and decisions, enabling users to quickly access relevant information. “We’re excited to see Qlik focus on unlocking business outcomes from unstructured data with Qlik Answers,” said Stefan Heinz, Senior BI & Analytics Manager at …

Read more

The Coolest Business Analytics Companies Of The 2023 Big Data 100

The Coolest Business Analytics Companies Of The 2023 Big Data 100 Part 1 of CRN’s Big Data 100 takes a look at the vendors solution providers should know in the data analytics and business intelligence space. Analytical Approach It’s no surprise that in diagrams and visual representations of big data IT systems, data analytics and visualization software are usually at the top of the big data “technology stack.” They are the software tools that business analysts and information workers use to gain understanding and insight from the exponentially growing volumes of data businesses are generating today and to share that knowledge throughout an organization. What is Business Intelligence? A Complete Guide Qlik Worldwide sales of business intelligence software are expected to reach $25.73 billion this year, up 8.6 percent from $23.70 billion in 2022, and reach $34.16 billion by 2028, according to market research firm Statista. “Companies’ needs for data insights, customer analyses, and all kinds of business processes have strongly increased due to digitization and data that is collected online. This development drives the demand for enterprise software, especially business intelligence software,” said a Statista report. As part of the CRN 2023 Big Data 100, we’ve put together the following list of business analytics software companies—from well-established vendors to those in startup mode—that solution providers should be familiar with. These vendors offer everything from self-service reporting and data visualization tools for nontechnical managers and business users to high-performance business analysis software needed by data analysts to tackle the most complex business intelligence tasks. What is Business Intelligence? A Complete Guide Qlik This week CRN is running the Big Data 100 list in a series of slide shows, organized by technology category, spotlighting vendors of business analytics software, database systems, data warehouse and data lake systems, data management and integration software, data observability tools, and big data systems and cloud platforms. Some vendors market big data products that span multiple technology categories. They appear in the slideshow for the technology segment in which they are most prominent. Ahana Co-Founder and CEO: Steven Mih What is Business Intelligence? A Complete Guide Qlik Ahana develops Ahana Cloud for Presto, a software-as-a-service data analytics service based on Presto, the open-source SQL query engine used to query data in a range of data sources including database and data lakehouse systems. Venture-backed Ahana, founded in 2020 and based in San Mateo, Calif., was acquired by IBM earlier this month. With the acquisition IBM joined the Presto Foundation, part of the Linux Foundation. Alteryx CEO: Mark Anderson Qlik Sense Modern Analytics Alteryx offers its flagship Alteryx Analytics Automation Platform, a unified data analytics and data science automation system, and the Alteryx Analytics Cloud Platform, along with a number of additional business intelligence, machine learning and developer tools. In February the company unveiled new self-service and enterprise-grade capabilities to the enterprise edition. Alteryx executives say the Irvine, Calif.-based company has recorded significant momentum in the channel after undertaking a major expansion of its partner program in 2022 as part of a shift to a more partner-centric sales strategy. AtScale CEO: Chris Lynch AtScale develops semantic layer technology for business intelligence that the company says insulates data consumers from the complexity of working with raw data. The AtScale software creates a business-oriented data model and virtualizes queries for cloud data platforms such as Amazon Redshift, Snowflake, Google Big Query and Databricks without the need for ETL (extract, transform, load) tools or data movement. This year AtScale, headquartered in Boston, has expanded its connections to the Databricks platform, including the Databricks Lakehouse for Manufacturing, and achieved the Snowflake Ready Technology Valuation for business intelligence solutions. In April the company introduced code-first data modeling capabilities for its semantic layer platform. CelerData CEO: James Li Startup CelerData markets a high-performance unified analytics platform based on the StarRocks massively parallel processing SQL database for real-time analytics. CelerData’s founders developed StarRocks in 2020 and earlier this year contributed it to the Linux Foundation. In March CelerData, headquartered in Menlo Park, Calif., took aim at the fast-growing data lakehouse space with a new release of its software with a cloud-native architecture, real-time streaming analytics, and support for open data table formats Hudi, Iceberg and Delta Lake. Domo CEO: Josh James Domo develops its namesake “data experience” platform, a cloud-based, mobile data analytics and visualization system that provides decision makers with real-time business data from a wide range of operational applications and data sources. In March the American Fork, Utah-based company debuted Domo Cloud Amplifier, which the company says helps users unlock data across multiple cloud platforms using a single virtual layer. On March 6, Domo said that John Mellor, who served as Domo’s chief strategy officer for three years and then CEO for more than a year, was stepping down and that Josh James, the company’s founder and original CEO, was again assuming the CEO post. Hitachi Vantara CEO: Gajen Kandiah Hitachi Vantara, a wholly-owned subsidiary of Hitachi Ltd., offers a portfolio of data analytics, data storage and data operations products, the latter including data integration, catalog and optimization tools and content intelligence software. The product suite includes the company’s Pentaho data integration and analytics platform. Incorta CEO: Osama Elkady Incorta develops the Open Data Delivery Platform, a system for acquiring, processing and analyzing raw, operational data from business applications in real time. The platform, with Incorta’s Direct Data Mapping technology, connects to more than 240 data sources. In March, Incorta, based in San Mateo, Calif., joined Google Cloud’s Ready BigQuery and AlloyDB in initiatives, validating its technology for those Google Cloud systems and making it easier for businesses and organizations to move business application and ERP (enterprise resource planning) data into the cloud. Kyligence CEO: Luke Han Kyligence Enterprise, the company’s flagship multi-dimensional analytics platform, is designed to analyze massive datasets with its data modeling, query and processing capabilities. The platform is based on the open-source Apache Kylin distributed OLAP engine that was developed by Kyligence’s founders. Earlier this month San Jose, Calif.-based …

Read more