Qlik: Toward a Data Literate Future

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Mike Capone, CEO, QlikMike Capone, CEO
It was in January 2018 that the data analytics leader Qlik ‘clicked’ the reset button. Under new management now, the vision was quite clear—to keep embarking on the innovation path. What had changed was the leader who would show that way. Mike Capone, the former CIO and head of Product at ADP and the COO of Medidata Solutions had taken the biggest leap of all to become the CEO of Qlik. While his previous stints provide him with the first-hand experience in leveraging the power of data through analytics, he also has been on the other side of the business as a CIO, giving him the unique background to lead Qlik’s mission to be a leader in the analytics economy. He informs, “I’ve seen how the smart use of data and analytics can have transformative effects on an industry, and I am excited to join a company that enables customers in every industry to re-think what’s possible. With ongoing investment in augmented intelligence, big data and the internet of things, coupled with its hybrid-cloud platform approach, Qlik is uniquely positioned to lead this new era of media and entertainment.”

Well, he is not wrong after all. Leveraging their associate engine has enabled Qlik to deliver a unique ability for its clients such that they can change their business models. The associate engine operations by combining diverse data formats from an unlimited number of sources and indexing them to find the possible associations. “We believe our associative engine and our ability to pull in disparate data sources, and make sense of them, is far and away unique in the marketplace today,” mentions Capone.

Operating as one of the world’s leading providers of analytics software and visualization analytics, Qlik empowers its clients by solving both simple and complex analytics problems. “Our strengths are working efficiently with end-users, being user-friendly, and building application analytics that benefits the entire enterprise in solving complex problems,” states Capone. Qlik works on the aim to embed analytics into every operational and strategic decision-making process inside every company. They strongly believe that data is the currency of the future, and therefore, organizations must become data literate to compete in the future. “Companies will get more efficient by putting data in employees hands. If staff have to queue outside the data scientist’s office to get their questions answered they are not going to be able to compete in the long run,” says Capone. An example of this democratization of data, he cites two disparate examples; one is a US-based global publisher, Conde Nast, and the other is a US propane gas supplier AmeriGas, who have reduced costs by US$20 million annually by giving their drivers a simple analytics app that told them what delivery routes would be most effective. On the other hand, at Conde Nast, 90 percent of their employees have been signing on to Qlik every day and leverage it to manage their sales and distribution holistically. Such has been the prowess of the company over the years as it has solved critical problems of different organizations, one at a time.

With an ongoing investment in augmented intelligence, big data and the internet of things, coupled with its hybrid-cloud platform approach, Qlik is uniquely positioned to lead this new era of media and entertainment

Enabling Analytics with Business-ready Media Files

At the core of Qlik’s data empowered operations is their Qlik Data Catalyst. A modern enterprise data management solution, Qlik Data Catalyst, simplifies and speeds up how an organization’s catalog, manage, prepare, and deliver trustworthy and actionable data to business users across an enterprise. The solution builds a secure, enterprise-scale repository of all the data your business has available for analytics, giving the data consumers a single, go-to catalog to find, understand, and gain insights from any underlying enterprise data source. The solution’s data preparation and metadata tools streamline the transformation of raw data into analytics-ready assets, while the product’s Smart Data Catalogue and graphical user interface (GUI) help people quickly discover and select whatever data they need. Built on a platform of hardened data security and featuring governance capabilities, the clients are enabled to easily integrate Qlik Data Catalyst with any of their other data management tools to gain enterprise-grade scalability, reliability, and performance.

With Qlik Data Catalyst, data consumers across the organization get on-demand access to business-ready data through a data marketplace, which is an integrated, secure, enterprise data catalog. The solution also provides flexible options that allow organizations to decide what data gets integrated into Qlik Data Catalyst collection and what stays in place, while still ensuring all data in the collection is fully documented in the Smart Data Catalog. Clients can choose from an option of deploying the platform on-premises, on the cloud, or a hybrid deployment approach, as well as multi-cluster models. This allows the clients to source, prepare, and seamlessly deliver their data. This allows the clients to increase customer lifetime value and preserve margin, and grow their competitive advantage in TV, mobile, internet and print.

Enterprise-Grade Data Management for Media and Entertainment

Delivered as a self-service platform, Qlik Data Catalyst can produce analytics-ready data on-demand, allowing data analysts, downstream applications, algorithms, or other data consumers to find and begin using new data in minutes, not months. By preserving and cataloging new datasets and data preparation flows as they’re generated, Qlik Data Catalyst empowers the users to reuse and build on previously created assets in the marketplace.

Further, the solution facilitates the use of metadata to capture, enforce, and monitor data policies and usage from the time data enters your marketplace.
It delivers on the data marketplace vision by ensuring that the data marketplace includes the full range of essential enterprise-grade data management capabilities, including robust security, governance, performance, interoperability, scalability, and reliability.

Metadata plays a central role in Qlik Data Catalyst, far beyond simply documenting data with simple cataloging or classification. In Qlik Data Catalyst, metadata—captured in a Smart Data Catalog—drives the enterprise data management process and many of the solution’s key capabilities. Metadata is used to structure, document, secure, and manage data collection, ensuring you have a well-governed marketplace (rather than a swamp). IT teams, data stewards, and data consumers access and use metadata through the Qlik Data Catalyst’s GUI to find, understand, and work with data in the marketplace. And data operations teams use the metadata to automate the integration of the solution’s workflows with other enterprise schedulers, applications, or repositories at scale. For media and entertainment companies, they can use their valuable media assets to capitalize on business opportunities. The solution allows clients to gain holistic business visibility across all channels and improve revenue and customer loyalty. “Our vision is for a data-literate world. Where people, businesses, organizations, and governments tackle their most complex challenges with data. That’s what excites us here at Qlik,” says Capone.

"Our strengths are working efficiently with end-users, being user-friendly, and building application analytics that benefits the entire enterprise in solving complex problems"

The Future ‘Qonnections’

Although Capone started his stint as the CEO of Qlik in January 2018, it was at the April Qlik Qonnections event in Orlando that the veteran address the company’s clients about licensing changes and new hybrid/multi-cloud, augmented intelligence and development features. He promised accelerated development of advanced authoring and visualization capabilities in Qlik Sense, the vendor’s newer, webbier and more self-service oriented product. And despite an “inviolable” promise to maintain support for Qlik View, the company’s original product, Capone also announced new migration tools, a shared Hub interface for all Qlik apps and, most importantly, new licensing terms designed to make it easier to move from Qlik View to Qlik Sense. On product and product strategy, executives laid out Qlik’s evolved vision and capabilities on three fronts: cloud, smart capabilities— augmented intelligence—and developer support. “Qlik is a great organization and I am excited for what the future has in store. We are in the right place at the right time because nobody is turning down conversations in analytics. As I look to the future, cloud transformation is critical but unfortunately, the complexity of analytics has slowed the transition to a full-cloud model,” informs Capone. “However, we are at the forefront of this transformation as we are building our assets in the cloud. By leveraging the cloud infrastructures’ infinite scale, the capacity on demand, and the power of our analytics platform, companies can lead with data instead of with their gut.”
- Shiv Shanker
    October 14, 2019