The Nexus of Data and Decision Making With PreludeSys Power BI

PreludeSys | March 22, 2022

PreludeSys' Power BI services, as a Microsoft Gold partner, enable enterprises to adopt today's data-driven culture to generate compelling insights, improve customer experience, and drive investments that result in higher ROI. With rich visualizations to assist examine the patterns and facts in their data, Power BI service offerings are enough to dramatically transform the way companies function, enabling important stakeholders to make coherent real-time judgments.

According to several industry experts, business intelligence helps companies to correctly evaluate and curate data for company success. For example, it helps in the understanding of customer acquisition costs, purchasing behaviour, and cycles, as well as speeding up decision-making. Regardless of the industry, a comprehensive BI solution enables one to comprehend everything about their organization from beginning to end. The ability to swiftly exploit data, evaluate patterns, and see everything in one place with unified dashboards is a true game changer.

Highlights from Power BI: Power BI can easily connect into any technical environment, on-premise or in the cloud, and extract data from a variety of sources and analyze it in a centralized system. Data visualization may assist in the discovery of revenue-generating data and its smooth sharing with internal and external business partners.

Data security in Power BI is robust, with suitable measures in place to prevent unwanted access. Power BI's automatic data refresh features allow you to use the most up-to-date data in your applications quickly. The platform, which utilizes a natural language interface and graphic design tools to minimize the need for technical professionals, is designed to give agility in data processing and managing questions. Power BI interfaces with cognitive services like Cortana and Bot frameworks to improve the user experience. For inquiries, it even has audio inputs.

The latest Power BI service solutions include never-before-seen features that help businesses not only improve operations and streamline procedures, but also foster a high-performance workplace culture by providing tools that keep workers engaged. Power BI helps frontline users to build a contemporary business that fits any progressive industry with immediate solutions and effortless accessibility.

VP, leading custodian firm in the USA said that “PreludeSys understood the dynamics of our enterprise and delved deeply into our problem areas to provide a tailored solution. They were collaborative and immersive in their approach when conceptualizing the Power BI solution for us, with a focus on providing a seamless and hassle-free operation. They catered to our needs with the right technology and out-of-the-box strategies. With Power BI, we removed complex dashboards and can collaborate more effectively than ever before.”

It is always preferable to get guidance from a dependable partner that can provide powerful industry solutions as well as the necessary knowledge and expertise to assess your business demands. The recommended tools for a successful Power BI installation include consulting, business analysis, solution design, and an execution roadmap.


Cloud and Hybrid Modernization Are Key Are you incorporating data mesh and data fabric into your IT strategy and enterprise architecture? If not, you’re already behind two popular data engineering trends. Stay more than one step ahead of your competitors with our top list of data engineering trends. Data engineering is always ev


Cloud and Hybrid Modernization Are Key Are you incorporating data mesh and data fabric into your IT strategy and enterprise architecture? If not, you’re already behind two popular data engineering trends. Stay more than one step ahead of your competitors with our top list of data engineering trends. Data engineering is always ev

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AnswerRocket Introduces Max, an AI Assistant for Data Analysis

Businesswire | March 23, 2023

AnswerRocket, an innovator in delivering augmented analytics to the enterprise, is excited to announce the launch of Max, a revolutionary conversational AI assistant designed to help businesses explore, analyze, and uncover insights from their data. Max combines AnswerRocket’s augmented analytics platform with OpenAI’s GPT-4 large language model to deliver a simple conversational AI experience for insights discovery. With Max, users can ask natural language questions and get back accurate insights and visualizations in seconds. GPT-4’s advanced language processing capabilities allow Max to understand and respond to a wide range of queries, making it easier than ever before to get the information they need. “The record-breaking adoption of ChatGPT is driving a paradigm shift in how business users interact with software. This shift aligns with AnswerRocket’s mission to empower business teams to quickly get answers from their data,” said Alon Goren, CEO at AnswerRocket. “Powered by GPT-4, Max makes it easy for everyone to understand and act on data, no matter their level of technical expertise.” BI adoption may be as low as 25%, according to research by Business Application Research Center (BARC) and Eckerson Group. Interacting with BI and analytics platforms represents a key barrier to broad enterprise adoption. AnswerRocket’s patent-pending use of large language models to enable chat-based analytics addresses the user adoption challenges that have plagued business intelligence and analytics teams for decades. Max enables businesses of all sizes to easily access and analyze their data in real time with zero training. Simply type your questions, and Max will provide insightful answers and visualizations based on your data. Some of the key features of Max include: Easy data exploration: With Max, you can ask natural language questions and receive instant insights on your data. Whether you're looking for specific answers, drivers, trends, or outliers, Max can help you uncover hidden insights so you can take action. Advanced analysis capabilities: In addition to answering basic questions, Max can perform advanced analysis, including statistical, diagnostic, and predictive analytics. This allows businesses to expand access to deeper insights across their teams. Accelerated data setup: Users can connect, prepare, and begin analyzing their data in minutes thanks to a streamlined data configuration experience powered by GPT-4 to support automated data classification, definitions, synonyms, and suggested questions. Trainable model: Users can train Max to understand their business and analysis preferences. Max continuously learns from user input to improve its insights over time. “Anheuser-Busch InBev has long recognized the power of analytics to spur growth and innovation in a highly competitive market. It’s why we partnered with AnswerRocket to deliver faster, deeper insights to our business,” said Sabine Van den Bergh, Director Brand Strategy & Insights Europe at Anheuser-Busch InBev. “A chat-based tool like Max can help more users feel comfortable interacting with data. Having an on-demand assistant that can quickly answer the questions that pop up throughout the day would enable our team to make data-driven decisions at scale.” Beam Suntory is currently leveraging AnswerRocket to deliver automated, interactive consumer insights across its portfolio of 50+ premium spirits. Abraham Neme, Global Head BI & Analytics at Beam Suntory said, “With Max, Beam Suntory can automate routine tasks and gain valuable insights from data, allowing us to make more informed decisions. I see the potential for Max to become a powerful tool for analyzing a combination of external, macro, and internal data.” Cereal Partners Worldwide (CPW)—a joint venture between Nestlé and General Mills with over 50 brands—launched AnswerRocket’s core augmented analytics platform to their enterprise in early 2023. Regarding the new chatbot experience, Chris Potter, Global Applied Analytics at CPW said, “Max will take AnswerRocket to the next level! We need our teams to make informed, fact-based decisions. Max will enable users across all levels of CPW to quickly access data and insights through intuitive questions and responses.” AnswerRocket is excited to bring this innovative technology to businesses in Q2 2023. About AnswerRocket Founded in 2013, AnswerRocket is an augmented analytics platform for data exploration, analysis, and insights discovery. It allows users to monitor key metrics, identify performance drivers, and detect critical issues within seconds. AnswerRocket’s latest release harnesses OpenAI’s ChatGPT technology to enable conversational analytics on proprietary data. Users can chat with Max–an AI assistant for data analysis–to get narrative answers, insights, and visualizations. Additionally, AnswerRocket empowers data science teams to operationalize their models throughout the enterprise. Companies like Anheuser-Busch InBev, Cereal Partners Worldwide, Beam Suntory, Coty, EMC Insurance, Pabst, Hi-Rez Studios, American Licorice Company, and National Beverage Corporation depend on AnswerRocket to increase their speed to insights.

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Qlik Positioned in the Leaders Quadrant of Gartner® Magic Quadrant™ for Analytics and Business Intelligence Platforms for Thirteenth Consecutive Year

Globenewswire | April 13, 2023

Qlik® today announced it is positioned by Gartner, Inc. in the Leaders quadrant of the 2023 Magic Quadrant for Analytics and Business Intelligence Platforms*. This recognition marks the thirteenth straight year of Qlik’s position in the Leaders quadrant. A complimentary copy of the full report is available for download here. “Being recognized as a Leader from Gartner for a thirteenth consecutive time is an incredible achievement, and highlights Qlik’s ability to consistently deliver the best-in-class analytics that customers need to drive certainty and decision-making,” said Mike Capone, Qlik CEO. “Through our cloud-first platform and powerful analytics engine - enhanced by AI, automation and real-time data delivery - Qlik enables enterprises in every industry to drive increased value and impact from data across their entire organization.” Qlik Cloud® is the industry’s only end-to-end data integration and analytics platform built for the modern enterprise that closes the gaps between data, insight and action. The platform uniquely manages all stages of an organization’s analytics data pipeline to deliver the full experience of transforming raw data into insights that drive decisions. Qlik’s capabilities grew significantly in 2022, including: Predictive Analytics: Full integration of Qlik AutoML™, delivering predictive analytics for the 90% of enterprise use cases that don’t require deep data science expertise. Qlik AutoML is a simple, code-free way for analytics teams to leverage machine learning to train models, make predictions and plan decisions on current analytics use cases. Enterprise Class Governance: The launch of Customer Managed Keys, advanced data encryption in Qlik Cloud that empowers customers to retain full control over their data in their Qlik Cloud tenant by bringing their own encryption keys. Customer Managed Keys is a central element in Qlik achieving an expanded set of regulatory certifications and standards that enable customers in the US Government (FedRAMP Authorized designation at the Moderate Impact Level (IL), Department of Defense (IL2)), US Healthcare (HIPAA with Enhanced Encryption and SOC2 Type 2 + HITRUST Attestation), and Automotive (TISAX) industries to more easily adopt Qlik Cloud for their cloud analytics workloads while meeting their rigorous security and data protection standards. Ease of Use: Multiple enhancements were delivered in Qlik Cloud to make it even easier and more intuitive for users of all skill levels to interact with data and find insights. Key focus areas included advances in Natural Language Generation and Natural Language Processing capabilities, new analysis types to enable complex analysis such as k-means statical clustering in just a few clicks, simplified authoring of dashboards and enhanced reporting. Cloud Data Fabric: The launch of Qlik Cloud® Data Integration, a set of SaaS services designed for analytics and data engineers deploying enterprise integration and transformation initiatives. The services form a data fabric that unifies, transforms and delivers data across an organization via flexible, governed and reusable data pipelines. These pipelines are essential for modern, business critical, AI, analytics and operational projects. Partnerships: Qlik has also continually expanded our services with multiple leading cloud vendors, including Amazon Web Services, Snowflake and Databricks, to make it easier than ever for customers to access their essential data for analytics in the cloud. “With Qlik, we’re finding important trends within industries, within customers, even within our two million individual part numbers, and in different market segments in the US and Canada. How people are evaluated, bonus structures and sales incentives are also based on that critical source. It places information at the fingertips of everyone, from our management teams to sales reps,” said Jenna Young, Strategic Pricing and Sales Analysis Manager, SMC. *Gartner, “Magic Quadrant for Analytics and Business Intelligence Platforms” by Kurt Schlegel | Julian Sun | David Pidsley | Anirudh Ganeshan | Fay Fei | Aura Popa | Radu Miclaus | Edgar Macari | Kevin Quinn | Christopher Long, April 5th, 2023. G00768632 Gartner Disclaimer Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Qlik Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries. © 2023 QlikTech International AB. All rights reserved. All company and/or product names may be trade names, trademarks and/or registered trademarks of the respective owners with which they are associated. The information provided herein is subject to change without notice. In addition, the development, release and timing of any product or functionality described herein remain at the sole discretion of Qlik and should not be relied upon in making a purchasing decision, nor as a representation, warranty or commitment to deliver specific products or functionality in the future.

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Time is Ltd. Launches Analytics 2.0 & Data Platform to improve Employee Engagement

Businesswire | April 27, 2023

Time is Ltd., a top employee engagement and productivity company, has introduced Collaboration Analytics 2.0, allowing users to access and analyze a wide range of metrics with ease. Featuring world-first metrics such as advanced focus time and network metrics, Time is Ltd. holds a leading position in analyzing data from calendars, emails, Slack, and video conferencing tools to understand the pulse of teams - both from the Microsoft 365 Office and Google Workspace eco-systems. "We're committed to eliminating barriers for employees at work, and that begins with identifying obstacles – whether it's a full day of ineffective meetings with an excessive amount of participants," says Jan Rezab, CEO & Founder of Time is Ltd. As AI makes its way into the workplace, Time is Ltd. recognizes that measuring the impact of incorporating additional AI tools within collaboration and communication processes is essential, as it can significantly influence productivity. With the release of 200+ metrics, Time is Ltd. also introduces its Collaboration Data Platform and API, allowing companies to integrate its clean and enriched data into their own systems, such as Google BigQuery or Tableau. This enables each organization to seamlessly blend it with their existing data sets. Time is Ltd.’s Collaboration Analytics 2.0 key features include: Meeting Efficiency: Evaluate and optimize meeting practices in your global organization. Cross-Team Collaboration: Foster collaboration to reduce silos, enhance decision-making, and boost efficiency. Hybrid Team Dynamics: Investigate communication differences between remote and in-office work. Onboarding & Engagement: Assess onboarding effectiveness, support new joiners, and improve talent retention. Customizable Data Views: Integrate processed data with your BI solution for additional insights. To learn more about how Time is Ltd. can increase employee engagement, contact Time is Ltd.’s industry experts. About Time is Ltd. Founded in 2016, Time is Ltd. empowers companies to drive an engaged, focused, and thriving workforce, powered by collaboration data and insights. As the world’s leading employee experience and productivity SaaS platform, Time is Ltd. offers an interactive interface that enables companies and teams to analyze collaboration, meetings, instant messaging, emails, focus time, and more — allowing the companies to create ideal working environments for teams and employees.

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