IoT Data And The Power Of Qlik

The Internet of Things (IoT) has grown rapidly in recent years and shows no signs of slowing any time soon.

In fact, it’s estimated each of us will own 28 IoT devices by 2020 compared to the average six devices per person we see today – that’s a massive increase. It’s no wonder that, as a result, the IoT market is expected to be worth more than 11 trillion USD within the next 10 years.

All this newly acquired data raises a new set of questions and most importantly the main query for us is what are we going to be doing with all this data. The amounts of information available are going to be huge.

The reason behind this increase in IoT devices is the obvious advancement of technology, which also shows no signs of slowing any time soon. Cost-effective and energy efficient sensors have enabled the sentient enterprise, while Edge/Fog computing has provided real-time intelligence close to the source of data creation.

The rise of connectivity through the likes of IPV6, LTE (5G) and low-energy BT allows the constant transfer of this data, which is then stored in the cloud meaning all this data is then easily accessed. This is all great but it’s still huge amounts of data, which, despite easy access, is seemingly insurmountable when it comes to any type of analysis.

That’s where Qlik comes in.

Firstly, to truly understand the value of IoT data, it must be associated with other data. Secondly, any innovation from IoT data must be discovered within the data itself, and, thirdly, for the true value of IoT data to be realised, insights need to be easily shared and acted upon.

Qlik’s influence on these three key areas cannot be underestimated nor overstated. It’s simple, without a platform like Qlik, there’s no way of breaking down, digesting and disseminating this data without the requirements of hours and hours of human processing, analysis and, ultimately, sharing. With Qlik, this process becomes almost instantaneous in comparison.

We could spend time here running through numerous examples of how the Qlik platform has enabled swift processing of IoT data and the subsequent results but I’m going to focus on one that I’m sure we can all relate to, one that is understandably a forward-thinking leader in the IoT phenomenon.

BMW have been using Qlik’s platform to help them understand all areas of their products, processes and procedures. They use Qlik to analyse machine-generated data including in-car data, paint-shop robotics and diagnostic readouts in service.

You can imagine the reams of data produced from one vehicle alone, which is why Qlik is so important to the company. It’s used to analyse data from advanced analytics for creation and tuning of algorithms as well as delivering insight into business processes.

If you’re looking to capitalise on your IoT data, or utilise your business data to ensure advantageous decision making over your competitors, we’re here to help.

Get in touch with the expert Ometis team now to request a free demo of the Qlik platform. After that, as the UK’s largest dedicated Qlik consultancy, we’ll look after everything. So, call us now on 0330 363 9900 and start using your data to your competitive advantage or visit http://www.ometis.co.uk.

By Ross Greig

Visualize YOUR World Was A Sabering Success

We had a fantastic time at this month’s Visualize YOUR World event in London with Qlik.

We also arguably had the best stand at the event thanks to the fantastic Gary Palmer and ForbiddenPlanet.com, who provided an excellent array of displays and giveaways that would excite any sci-fi fan.

From real-life lightsabers to huge Wonder Woman graphics, the collateral from ForbiddenPlanet.com definitely put our stand on the map!

We also had a lightsaber to give away, but not just any lightsaber (as if there is such a thing) but Luke Skywalker’s very own lightsaber… does it get any better than that?

Gary helped attendees understand the power of Qlik and the bespoke service Ometis provides, with compelling examples of how ForbiddenPlanet.com have utilised the platform to revolutionise the way they do business – and as their IT Director, he should know.

There were plenty of questions during Gary’s lunchtime session, although this may have been down to the fact that visitors had to be holding a lightsaber to ask a question… We had everything from serious queries to ‘What’s your favourite colour?’ as people vied for the chance to swing a saber, and who can blame them?

All-in-all, it was an entertaining day packed with data-driven opportunities and was a fantastic opportunity to showcase the work we do, as well as how good we are at doing it (even if I do say so myself!).

Now we’re looking forward to Visualize YOUR World in 2018, we’ve already been thinking hard about how we’re going to top this year’s display but if ForbiddenPlanet.com are involved once again, I’m sure it won’t be too difficult.
By Andy Patrick

We’re Heading To IP Expo – Europe’s No.1 Enterprise Event

It’s official, Ometis are heading to this year’s IP Expo, Europe’s leading enterprise event, at Excel London from 4 – 5 October.

We’ll be joining more than 300 exhibitors as the must-attend IT event of the year for CIOs, heads of IT and insight leaders. IP Expo is a platform for exclusive content and senior-level discussion topics, and we’re happy to announce we’ll be joined by Qlik to host a seminar session.

The annual event is an important part of the Ometis calendar and incorporates expert opinion and knowledge around analytics and IoT, key factors in the understanding and capturing of business data. We’ll see you inside the Analytics area on stand KK17, make sure you pop by.

We’ve also organised a special appearance by Qlik Director of Retail & Services Market Development, Paul Winsor, who’ll be hosting a seminar session on discovering the value in IoT Data.

It is estimated there will be over 20x connected devices per person on the planet by 2020, and anything from 50-200 billion IoT devices. That’s a lot of data being generated from IoT ecosystems. The challenge will be making all that data accessible and understandable to start extracting value from it all. Paul will explain how Qlik are making this happen at 2.40pm on Thursday 4th October inside the Analytics Theatre.

While we’re there, we’ll be taking the opportunity to discuss Qlik’s various products and complementary platforms that ensure you get the most from your software. These include Narratives for Qlik and NodeGraph and we’ll have a number of pre-set demos that showcase the power of Qlik, with true data visualisation at the touch of a button.

If you’re heading to this year’s IP Expo in London, come and say hello – we’ll have a few goodies to give away and plenty of charm and wit to make your visit worth it.

Don’t despair if you’re not attending this year’s event either, we’ll keep you up-to-date over the official Ometis social channels, so get following! We’ll also have a complete IP Expo review to follow so you won’t feel too left out.

 

By Ross Greig

Qlik Sense Subscription Model Announced

The long-awaited subscription model for Qlik Sense was announced in July and offers a more flexible way for businesses to utilise the ground-breaking platform.

As an elite Qlik partner, we’re delighted Qlik have introduced this subscription model. It’s only for Qlik Sense at the moment but will provide a greater reach for the invaluable services the Qlik platform provides.

I know some of our existing Qlik customers and members of the Qlik community have been eagerly awaiting this subscription pricing. The new model works in the same way as a perpetual license and can be deployed either in the cloud or on-premise.

Pricing is staggered based on the number of users and there are some subtle differences to the perpetual licenses, which we’d be happy to discuss. Please get in touch with the team at Ometis to find out more about subscription pricing.

It’s an important scheme as the subscription model will help companies by reducing barriers to entry, enabling more businesses to utilise the innovative and efficient Qlik Sense platform.  The model’s flexibility to easily and cost-effectively increase or decrease subscribers will be a huge draw to new businesses eager to unlock the information their business data holds.

Not only does the new subscription price include maintenance, which entitles users to the latest versions of the Qlik Sense software, it will also free up budgets in Year One to deploy more services and ensure a successful implementation.

The subscription model may only be available for Qlik Sense at the moment but we hope to see services such as NPrinting and GeoAnalytics have some type of subscription service later in 2017 or early 2018. Qlik Sense users still have the option to buy perpetual licenses as well and we do not expect to see this taken away.

If you would like to know about the Qlik Sense services under the new subscription model, please get in touch with us by calling +44 (0)330 363 9900, or emailing me direct at andy.patrick@ometis.co.uk . Alternatively you can click here and filling out the contact form.

By Andy Patrick

Our Wealth Management Roundtable Event: A Summary

On the 20th October, we hosted our Wealth Management Roundtable event. Hosted in Qlik’s UK offices, on the 32nd floor of the impressive Tower 42 in London – it was a spectacular setting. Ruffer LLP’s Operational Risk & Control Manager, Stewart Lancaster, was our special guest speaker and the event was attended by representatives from various Wealth Management firms interested in understanding how organisations like Ruffer solve some of their most complex data challenges.

Becoming a data-driven organisation

Our Sales Manager Andy Patrick, started proceedings with a presentation on the challenges and opportunities faced by businesses in their quest to become more data-driven and effective in making decisions. Another key element Andy discussed was how companies can be more self-service orientated when they have access to the right tools, such as Qlik Sense.

We know that a key concern of our clients is the pressures they face in trying to balance the need for data security while also allowing their business the “freedom” to explore data in a meaningful way. This was another theme explored.

A Client’s Perspective

Next, Stewart took us through Ruffer’s journey of transformation over the last 18 months. Ruffer started out with a largely ineffective business intelligence system which had been developed in an old version of Qlik View (version 8). The company were struggling to achieve any valuable insights in the areas required: Key Performance Indicators, Key Risk Indicators and Key Control Indicators.

Stewart then went on to cover some of the challenges faced in implementing a new solution. Many of these centred on the cultural challenges experienced: the shift from an over-dependence on IT and Microsoft Excel does not occur overnight. Stewart finished by explaining the roadmap for the solution, such as expanding Qlik to include N-Printing, in order to get to the next phase of adoption.

Throughout, Stewart was highly enthusiastic and praised the level of engagement and support he has received from Ometis in helping transform the vision into a reality.

The discussion

Following Stewart’s insights, we moved onto our Q&A. Some fantastic questions were asked by our guests on a range of topics. Some centred around the uses and capabilities of Qlik in various business aspects including market risk management. Others focused on best practice and how to effectively tackle business challenges.

Following a lively and interesting discussion, we agreed the below approach:

  • Choose a use case that is small but high value
  • Deliver a proof of concept
  • Get buy in from stakeholders
  • Expand to other use cases

The session concluded with a great demonstration of Qlik Sense’s capabilities, delivered by Andy. This showcased all the capabilities of the solution and touched on many of its benefits as well as exploring some specific use cases such as the Wealth Management dashboard and some specific Ometis use cases showing the use of Qlik Sense in real world scenarios.

We had a fantastic day and want to say a huge thank you to our guests who we know got a lot out of the event. Also a thank you to Qlik for allowing us the use of their brilliant office space. We’re already looking forward to the next one!

You can find more information on how we can help support Wealth Management organisations here.