Machine learning doesn’t have to mean months of coding and complex algorithms. Qlik Predict is transforming how businesses approach predictive analytics by making powerful machine learning accessible to everyone.
This revolutionary data prediction software empowers teams across all departments to build accurate predictive models in hours, not months.
Whether you’re forecasting revenue, predicting customer churn, or analysing supply chain trends, Qlik Predict puts the power of AI directly into your hands.
Let’s explore this in more depth.
What Is Qlik Predict?
Qlik Predict is a no-code machine learning platform that enables businesses to create, deploy, and manage predictive models without writing a single line of code.
Built as part of the Qlik Cloud Analytics platform, it transforms complex data science processes into intuitive, guided workflows that anyone can follow.
The platform supports three main types of predictive modelling:
- Classification models to predict outcomes like customer churn or loan approvals
- Regression models to forecast numerical values such as sales revenue or inventory levels
- Time series forecasting to identify trends and seasonal patterns over time
What sets Qlik Predict apart is its focus on transparency and explainability. Every prediction comes with clear explanations of the driving factors, helping you understand not just what will happen, but why it’s likely to occur.
Key Features of Qlik Predict
The key features of Qlik Predict are the following:
No-Code Model Creation
Build sophisticated machine learning models using an intuitive, guided workflow. The platform automatically selects the best algorithms based on your data type and prediction goals, eliminating the need for data science expertise.
Explainable AI with SHAP
Understand exactly what drives each prediction with dynamic SHAP (SHapley Additive exPlanations) visualisations. These interactive explanations update in real-time as you explore your data, building trust in your models.
Automated Time Series Forecasting
Generate multivariate forecasts with automatic seasonality detection and trend analysis. The system handles complex temporal patterns without manual configuration.
Integrated Governance and Compliance
Track every model’s creation, training data, and evolution with automated documentation. Full auditability ensures compliance with regulatory requirements and internal governance standards.
Continuous Learning Capabilities
Models adapt to changing inputs, user feedback, and new data patterns, reducing the need for manual retraining and maintaining accuracy over time.
Seamless Qlik Cloud Integration
Deploy predictions directly into dashboards and applications, enabling immediate action on insights across your organisation.
Benefits of Qlik Predict
The benefits of Qlik Predict include:
- Accelerate Time-to-Insight: Transform your decision-making speed by building and deploying predictive models in hours rather than months. Respond faster to market shifts, customer needs, and operational risks.
- Democratise Predictive Analytics: Empower business analysts and domain experts to create and manage predictive models. This democratisation means insights come from those who understand the business context best.
- Make Smarter, Proactive Decisions: Move beyond reactive reporting to forward-looking action. With explainable models, you can predict outcomes, understand the underlying factors, and take preventive measures.
- Scale Across Your Organisation: Deploy predictions consistently across departments and use cases, creating a unified approach to data-driven decision making throughout your business.
Ready to Transform Your Business with Predictive Analytics?
The future belongs to organisations that can anticipate change rather than simply react to it.
Qlik Predict provides the tools you need to unlock the predictive power in your data without the complexity traditionally associated with machine learning. As a trusted Qlik partner in South Africa, B2IT understands both the technical capabilities of Qlik Predict and the practical challenges facing South African businesses.
Book a demo with B2IT today and discover how Qlik Predict can transform your data into actionable predictions that drive business growth.
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