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The QlikView Business Discovery Platform has long been a favourite among those who rely on BI. The platform and QlikView's associated services have experienced rapid growth over the last decade, growing to more than 1,000 clients in South Africa alone by 2012. The platform is known for its ability to help users uncover insights other BI tools overlook, as well as putting data into visualisations that make it easy to understand and explain to others who may not be as fluent in BI. The next generation, known as QilkView.Next, is designed to do this in an even more intuitive way. This will allow users to better analyse, visualise and interpret data, making it more useful in making decisions that grow their businesses.
The importance of interpreting data as it comes cannot be stressed enough. Many businesses have suffered setbacks due to poor data interpretation. Business Intelligence provides a workable platform for executives to craft new decisions in order to circumvent these setbacks. Some have surmised that the explosion of cloud-based services has rendered CIOs irrelevant in the business world. But this couldn't be more wrong. The participation of an independent mind is still as valuable as it was thirty years ago. Perhaps even more so. For all the advances we've made in computing and automation, we're still largely reliant on the perception and unique foresight of a breathing, living human being in making sense of raw data.
In today's business environment, holistic Business Process Management (BPM) has gained precedence over simple business process outsourcing. In the past, vendors were expected to deliver to metrics detailed in service level agreements. Today, clients expect a strong positive influence on business outcomes, improving operational efficiencies, creating superlative product and service experiences for the firm's end customers and importantly, making a favourable impact on profit margins. The role of a BPM solution is to translate business opportunities into tangible solutions that lower costs or improve profitability.
The barrage of data coming in everyday can be overwhelming without the assistance of an efficient Business Intelligence tool. Using such tool is the only way you can make sense of the heaps of convoluted numbers that are somehow important to the operation. B2IT provides a way for businesses to collect data and process it into valuable information needed in decision making. Sustaining your business's success is contingent upon your ability to keep pace with everything: market forces, consumer demand, expenditures, etc. And they can be determined when you have cold, hard facts right in front of you.