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Business Intelligence

Business Intelligence

Why Business Intelligence is Beneficial?

Well if you don’t already know what Business Intelligence (BI) is, it is software that collects data generated from a business and presents it in a meaningful and actionable way which improves executive and managers decisions efficiently and to make decisions that would benefit the organisation in subject.

Imagine Business Intelligence like a Pick ‘n Pay or a Spar, and for arguments sake, your looking for tea, milk and bread. You don’t need to ask for help where to find the items as the stores is organised in a neatly and methodical fashion (aisle and signage) which is easy to navigate. BI is about taking all your company’s data (production, billable hours and sale goals) and organising it in a simple and neat way for you (executive/managers). BI makes your companies data easy to navigate without the need of having to ask specialists where you would be able to find this information and then go to another person to systematize it for you.

BI can help you identify:

 

  • Any inadequate business method 
  • Unidentified patterns 
  • Pinpoint an enterprises strengths and weaknesses 
  • As well as identify new opportunities 

This will help you understand your organization functions and challenges.

The tools and softer ware put in place can help your organization understand what clients prefer as well as predict their wants, needs and behaviors. As this can find ways to increase sales and provide higher standers of service. Modernising Managements Business Intelligence solutions focus on the provision of analytics ready data through effective data engineering practices, interactive data analytics accessible via any device, static reporting solutions, Artificial Intelligence (AI) solutions and data literacy management.

Business Intelligence Tools

As Mary K. Prat and Josh Fruhlinger suggests  there are many different types of BI tools, and have many different types of features but the main characteristics are Dashboards is  a user interface which allows you to glance over your KPI’s kind of like a progress report, visualizations where by graphs and charts are made to give you a visual representation your companies progress (the most common), data mining is identifying patterns from large data sets, extract-transfer-load (ETL) is a tool that pulls data from one data source and stores it in another and online analytic processing is a bunch of software that allows users to evaluate information form multiple database systems simultaneously.

Here are some technologies that supports the above:

Tool such as the above mentioned, can help your enterprise in so many ways, I believe that BI is the way of the future. Many companies ranging from small to big should adopt BI tools as it will increase the company in any context.

As Modernizing Management is an analytic and BI provider our data engineering work ensures the provisioning of data for any data science and analytical tools from Qlik to Tableau, PowerBI and beyond.

Qlik Web-Connectors

Qlik Web-Connectors

Fetch Data From Social Media and Any Web-Based Data Sources with a Light-Weight Web

Have you been struggling to fetch a data from Facebook, twitter, Google Analytics or any Web-based applications and your time is wasted while trying to find a better way to make your work simple? Everyone want their work to be simple and they also want to be happy at the end of the day. It is not also about you as an individual, but your organisation can improve their products as well as their services to their potential customers.

At Modernising Management, we take care of your data-to-actionable insights automation through data engineering, data analytics, & reporting and artificial intelligence! You take care of your competitors while we support your data literacy maturity growth across your organisation!

Data resides in more disparate locations as social media and other cloud-based data sources are becoming increasingly important. Companies need the ability to easily measure how well their social media activities are resonating in the market and with customers.

People spend 75% of their time collecting data and only 25% of time analysing, but with Qlik Web Collectors is other way round.

Qlik Web-connector is nothing but a light-weight web that helps you connect with any social media or web-based data sources through specific APIs and fetch data that you want. It provides out-of-the-box connectors that are designed for specific application and data sources. This eliminates the need for any in-house connector development or maintenance and allows for quick implementation.

 It does not matter the size or the kind of data you want it to be fetched, you just make selections and Qlik web-connector will do its job by generate Qlik Sense and QlikView load scripts that you can paste into script editor. 

You can learn how easy it is to fetch data and bring it straight into your Qlik Sense or QlikView environment by Michael Tarallo.

How To Download and Install Qlik Web Connectors

There are possible data sources available for Qlik Sense Cloud Business subscription like Amazon Redshift (Beta), AYLIEN News(Beta), Facebook Fan Page& Groups(Beta) and more.

I believe that Qlik Web Connector can be a solution you have been looking for, it will minimise time you use to spend trying to fetch data from social media and other cloud-based data sources.

Qlik Insight Bot

Qlik Insight Bot

Artificial Intelligence Powered Conversational Analytics

Ask questions and get instance artificial intelligence infused answers with infused predictive analytics. Qlik Insight Bot is fully integrated with Qlik Sense, allowing users to seamlessly move between conversational and visual analytics.

Qlik Insight Bot offers an AI-powered, conversational analytics experience, giving everyone a faster and easier way to ask questions, get insights, and make data-driven decisions using natural language.

Analytics That Speak Your Language

Qlik Insight Bot offers a fast and easy way to ask questions and discover insights using natural language. It’s available right in Qlik Sense and through popular tools such as Slack, Skype, Salesforce, and Microsoft Teams, meaning your people can make data-driven decisions wherever they are at any time.

With each question, it instantly surfaces relevant charts and insights, including key drivers, comparisons, predictions and more. And its self-learning AI makes the system progressively smarter.

Engage with your data

Ever just wanted to have a conversation with your data?

Acumen BI explains that if you can chat, you can engage with your data. The simple chat-based interface is one click away and will deliver information in the context of Qlik applications you have loaded such as sales, retail, finance or asset focusses.

Simply typing “show measures” will present a list of measures from which users can select or you can ask to show sales for a specific product on a specific month. You can even specify the type of chart you would like to visualize the data in.

Bridge the gap between conversational and visual analytics

Conversational analytics provide a great way to quickly ask questions and get answers.

Often, new scenarios arise where visual discovery offers a better path to insight. Unlike standalone Natural Language Processing (NLP) analytics products, Qlik Insight Bot is fully integrated with Qlik Sense, allowing users to seamlessly move between conversational and visual analytics.

 The Qlik® Associative Engine lets users interact conversationally and dive directly into visual analysis to explore further, without losing context. It’s the best of both worlds.

Drive analytics adoption and increase the value of your data

To stay competitive, organizations must enable their entire workforce to make better decisions using data.

Qlik Insight Bot offers a powerful new way to make data and analytics more accessible to everyone by letting people use their innate communication skills to get the information they need.

According to Gartner, by 2020 “50 percent of analytical queries will be generated via search, natural-language processing or voice, or will be automatically generated”

Gartner Magic Quadrant for Analytics & Business Intelligence 2018

To find out more, you can download the Qlik Insight Bot AI-Powered Conversational Analytics Data Sheet. Get in touch with our Modern BI experts to talk about the Qlik Insight Bot and how it can help transform your business.

Get Faster Actionable Insights with Qlik Catalog

Get Faster Actionable Insights with Qlik Catalog

Qlik Catalog | Enterprise Data Catalog

Data is the heart of the economy and the fuel that helps most organizations innovate and lead past the competition. Organizations collect huge amounts of data. But, most of the data that can guide decisions and actions is not analytics-ready or accessible.  So, what good is data without sense? Today some organizations are still struggling to quickly prepare and deliver data as clean and organized business-ready information for analytics and other data-driven processes. As cloud big data and other information sources continue to increase rapidly, this situation will only get worse without a different approach.

Meet Qlik Catalog, formerly known as Qlik Data Catalyst, a modern enterprise data management solution that simplifies and speeds up how you manage, prepare and deliver analytics ready data to business users across your enterprise.

With Qlik Data Catalog you can rely on data security, data enrichment features for data transformation and business rule implementation though workflows. The end result of your governance work is business ready data quality solution built from the metadata level up.

How does Qlik Catalog work? Let us look at the core capabilities of Qlik Catalog

Onboard Data

Qlik Catalog automatically profiles and documents the exact content, structure, and quality of your enterprise data using built-in data loaders to simplify and accelerate the process.

Enrich the Catalog

Qlik Catalog builds a Smart Data Catalog that documents every aspect of the data and data management process. As your users search and explore the catalog, technical, business, and operational metadata makes each data element understandable, transparent, trustworthy, and actionable.

Prepare the Data

Get your data business-ready with data standardization, cleansing, and protection measures. Easily enhance, blend, and filter data using a simple drag-and-drop process.

Shop and Publish

Let users easily and securely “shop” for the data they need, exporting, sharing or automatically publishing data sets to Qlik Sense and other analytic tools and applications.

Qlik Data Catalyst will let you take advantage of the latest big data and cloud solutions. Transform raw data into actionable insights, empowering people across your organization to make smarter decisions and drive better outcomes, every day.

Big Data vs Data Science?

Big Data vs Data Science?

What is Big Data?

We all use smart phones, right? But have you ever wondered how the data is generated in various forms such as texts (SMS), phone calls, emails, photos, videos, searches, music the list is endless. In South Africa there are about 20 to 22 million people that uses a smart phone and it accounts to one third of the population(1). Now imagine how much data is used in the globe?

As a leading Twitter Influencer that plans, monitors and need to provide feedback to my customers on their Twitter campaigns, such as the Netflix Movie Club, I have increased my retention rate by 80%!

Enricoh Alfonzo

CEO, Social Media Analytics, Alfonzo Words

Big Data basically refers to the huge volume of data that cannot be stored and processed using the traditional approach with the given timeframe. Which is characterized by the 5Vs:

Interesting fact,  over 210 million snaps are created every single day (Snapchat, 2020), Google processes over 3.5 billion searches per day (Google 2019), more than 2.2 billion monthly active users on Facebook (Facebook 2020), 5 billion videos are watched on YouTube every single day and there are 306.4 billion emails sent every day. THAT’S A LOT OF DATA, RIGHT? For us to be able to store and process such data, we make use of frameworks like Cassandra, Hadoop and Apache Spark. Only mentioning a few.

Our implementation methodology ensures we tell the story of your data. It is imperative that we plan the story well to ensure the user can seamlessly navigate across the analytics and easily interpret the data.

What is Data Science?

Data Science is a combination of fields like Mathematics, Statistics, Programming, Machine Learning and related concepts in order to understand and analyze business events with respect to data. It also involves solving the problem and having various ways to come up with a solution. It also has ingenious ways of capturing, cleaning, preparing, and analyzing the data.

Data science is not about making complicated models. It not about making awesome visualizations. It is about using data to create as much impact as possible for your company. Impact can be in a form of Insights and Product Recommendations.

That is where our data analytics services come into play. A good visualisation requires a good design, correct utilisation of colour, context, naming conventions, dynamic rendering and so forth so it is essential that all visualisations are well planned within the total application design and user experience.

Brief History of Data Science

Before data science, we popularized the term data mining in an article called (2) From data mining to knowledge discovery in databases in 1996 in it referred to the overall process of discovering useful information from data. (3) According to William S. Cleveland, he wanted to bring data mining to another level. He did that by combining computer science with data mining. We can say he made statistics a lot more technical which he believed would expand the possibilities of data mining and produce a powerful force for innovation. He then called this combo Data Science.

In conclusion, organizations make use of big data to identify trends and detect patterns to predict the future. By doing so organizations know more than their competitors and Big data is the foundation of Artificial Intelligence.

We have vast practical experience in developing Artificial Intelligence solutions for our customers. We have implemented prediction and recommendation models on large scale within our platforms.

Data Science is the study of data, this data can also be in the form of Big Data. Therefore, to sum it up, Big data is the fuel required by Data Science to arrive at meaningful insights.

At Modernising Management we believe, As an expert data engineering and advanced analytics company we are best positioned to unpack a problem, perform due diligence, statistically analyse it to provide insights and recommendations.

We believe that Our Business Intelligence solutions focus on the provision of analytics ready data through effective data engineering practises, interactive data analytics accessible via any device, static reporting solutions, Artificial Intelligence (AI) solutions and data literacy management.

As a company We support our customers to define, articulate, understand and manage their data and advanced analytical strategic intent.

Need more insights for your company? Contact us, MM is eagerly waiting for you!

Vizlib Approved Partner

Vizlib Approved Partner

We are very happy to announce we have partnered with Vizlib!

Jason Coggon

Jason Coggon

Head of Innovation & Technology - Modernising Management (Pty) Ltd

“We have been following Vizlib’s developments for quite some time and really like their “native” type integration to Qlik Sense. This really provides for a seamless and strong configuration options and deployment of their various visualizations and writeback capabilities.”

Vizlib offers five value-added products for Qlik Sense, purpose-built for different use cases and deployments:

Library

A flagship product that comes with more than 20 charts, visualizations and dashboard components that either provide vastly more control options or are simply not available in Qlik Sense out-of-the-box.

Self-Service

Designed for ad-hoc reporting in Qlik Sense. With Custom Report at the heart of this product, all users can explore data confidently, in a governed environment, and build reports on the fly.

Finance

Tailored to the needs of the modern finance department, helping organizations avoid governance challenges and build intuitive financial reports like P&Ls or Balance Sheets in Qlik Sense.

Collaboration

Enables organisations to act on their insights in real-time, without leaving their Qlik Sense dashboards. With various writeback, commenting, workflows and chat functionalities, teams can work together seamlessly on one data platform.

Gantt

designed for visual planning in Qlik Sense and, combined with writeback capabilities, allows teams to use gantt for project management, resource planning and various other tasks that require a timeline view.

You can naturally also combine Vizlib’s products to build the most comprehensive solutions, such as Library + Collaboration or Gantt + Collaboration to extend traditional Qlik Sense use cases.

Yorick Cooiman

Yorick Cooiman

Partner Account Manager - Vizlib

“At Vizlib, we understand the importance of strategic partnerships in the Qlik ecosystem and the potential to develop shared opportunities. Together with Modernising Management, we are confident in having a strong partner in the South African region and we hope to grow and strengthen this relationship and deliver analytics solutions that unlock the true power of data in Qlik Sense.”

John Paul Kirton

John Paul Kirton

MD - Modernising Management (Pty) Ltd

“We already have two customers that require the powerful writeback capability and look forward to upgrading some visualizations for those customers as well. Vizlib provides a very nice subscription option enabling subscriptions to their products or an enterprise type solution for our larger customers. We will work closely with Vizlib to drive our own visualization and literacy combinations.”

Please contact our sales team for additional information. Register now and get 5 users FREE!