The Center for Business Analytics is pleased to recognize Qlik as an honoree of the 2023 Drexel LeBow Analytics 50 Awards. Read more about how Qlik used analytics to solve a business challenge.
Submitter
Mike Capone, Chief Executive Officer
Company
Qlik
Industry
Software: Data, Analytics, AI
Business Challenge
The past few years created an unprecedented range of challenges for Qlik’s customers, from worker shortages and supply chain disruptions to inflation and geopolitical conflict. These customers partnered with Qlik to modernize their approach to data, especially through the cloud. Working with Qlik, these organizations can now access, transform and activate their information for real-time decision-making, helping them navigate any unexpected disruptions while still running their core business operations and taking advantage of new market opportunities.
Analytics Solution
Qlik’s end-to-end data and analytics platform gives customers a best-in-class approach to turning raw information into actionable data. Qlik’s solutions fuel real-time decisions and predictive analytics, leveraging AI and natural language to enhance every aspect of business across industries — from supply chain management to finances, retail operations and health care. Examples include:
- HARMAN, a division of Samsung Electronics, uses Qlik to both manage its own business while incorporating Qlik capabilities into its revenue-generating offerings from its digital transformation solutions team.
- Honda is using Qlik company-wide for value creation, including areas such as carrying out root-cause analysis of sales situations, analyzing the occurrence of quality problems and reducing production costs.
- Airbus now has complete visibility into its entire supply chain through Qlik to manage the procurement and inventory of tens of thousands of parts for its aircraft production process.
Insights through Qlik enable over 40,000 companies to react quickly to unexpected events while thriving in a challenging environment.
Impact
Qlik has seen double-digit growth in its cloud business, improved net retention by 5 percent and increased net promoter scores to record levels.