The value of options in data analysis and integration

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Having a variety of options for analyzing information will mean that companies will no longer need to use traditional and obsolete tools for the large amount of data currently being handled.

Many people working in financial services are faced with very few options for delivering the right information, to the right people, at the right time .

This may sound counterintuitive when you consider the vast amounts of time, money and effort most companies spend on data warehouses, reporting systems, business intelligence tools and advanced analytics.

Today, the vast majority of business users simply download the data they need for a particular analysis and transport it to a spreadsheet on their desktop to solve a particular business problem.

Why, after investing so much money, do we sri lanka phone number lead bypass all the hard work done with business rules, security, data governance and internal controls just for the sake of having business users export the details to a spreadsheet on their desktop?

This is due to three reasons:

The data needed to form a complete picture is never in one place . Perhaps the biggest failure is not recognizing this fact. Spreadsheets are used to combine information from disparate systems.
The question is different every day . No developer can anticipate every business question that comes up. But that hasn't stopped companies from developing thousands of reports with elaborate layout techniques. Spreadsheets allow for a more dynamic approach. If you need to quickly calculate metrics including or excluding parts of the business, then all you have to do is add a tab to your spreadsheet, label it appropriately, and change a few formulas.
Distribution is the mother of all analysis . Once the analysis is complete, the primary goal is often to communicate the findings and results to a broader audience. With a dedicated reporting team or a single analyst, the final product needs to be distributed to the business, decision makers, or client, and in a format that everyone can work with.
So, looking at these benefits, it seems that the only option is to continue using spreadsheets exactly as we have for the past two or three decades.

This is incorrect! With Qlik , this can be solved. Its Qlik Sense solution is an end-to-end data integration and analytics platform that not only gives organizations the opportunity to modernize the business intelligence and reporting ecosystem, but also promotes the ability to solve this traditional preference for spreadsheets.

The most relevant value of Qlik is that it is a comprehensive analytical platform that offers options ranging from raw data extraction to obtaining insights for decision making:











Your company has the option to use any point, or any combination of points, on this diagram to solve any data integration and analytics challenge you face.

You have the option to integrate other leading technologies such as AWS, Snowflake, DataRobot, and NodeGraph, as this platform is complementary to those technologies.