PHILADELPHIA, PA — Qlik® this week announced the introduction of the AI Accelerator, a new service aimed at simplifying artificial intelligence (AI) adoption for enterprises at various stages of technological maturity. This initiative is designed to provide businesses with an accessible entry point into AI-driven analytics, emphasizing the strategic value and practical benefits of integrating AI into their operations.
The AI Accelerator comes as part of Qlik’s broader effort to demonstrate how AI can drive significant outcomes across diverse industries. For instance, Appalachian Regional Healthcare harnessed Qlik’s AI capabilities to predict patient appointment no-shows, resulting in cost savings of $6 million over two years across 15 clinics. Similarly, digital marketing firm RevLocal achieved a 7% increase in customer retention through predictive analysis powered by Qlik AutoML. In the financial services sector, Integra utilized Qlik’s AI for more efficient lead scoring and risk assessment, projecting annual savings exceeding $1 million.
These success stories illustrate the transformative potential of AI when based on robust data foundations, highlighting opportunities for enhanced efficiency, innovation, and customer engagement. “Reflecting on our momentum with customers using AI, we see a pivotal shift towards scalable AI, deeply anchored in strong data foundations,” said James Fisher, Chief Strategy Officer at Qlik. He emphasized that successful AI implementations depend on exceptional data management, a principle that is central to Qlik’s strategy.
As businesses increasingly seek to integrate AI into their core operations for improved decision-making, Qlik’s solutions offer a comprehensive ecosystem that supports businesses throughout their data journey. This includes everything from data integration and analytics to advanced AI-driven insights, enabling companies to understand their current state, predict future trends, and automate decision-making processes.
One notable example of a company adopting this proactive approach is IndianOil. Sukla Mistry, Director (Refineries) at IndianOil, shared their plans to deepen their use of AI/ML models for process optimization, pricing mechanisms, project monitoring, and customer relationship management (CRM), all utilizing Qlik for visualization and insights.
The announcement of the AI Accelerator aims to empower businesses with the tools and strategies needed to leverage AI effectively. Attendees at the upcoming Qlik Connect event in Orlando, Florida, will have the opportunity to explore the forefront of AI innovation, including a panel session with esteemed members of the AI Council such as Nina Schick, Dr. Rumman Chowdhury, Kelly Forbes, and Dr. Michael Bronstein.
Qlik’s initiative to facilitate AI adoption through its AI Accelerator could significantly alter the landscape for businesses aiming to harness the power of AI. By providing an accessible pathway to AI-driven analytics, Qlik not only broadens the scope for operational efficiency and innovation but also positions itself as a critical partner for enterprises navigating the complexities of digital transformation. As industries evolve, the demand for integrated AI solutions like those offered by Qlik is expected to grow, marking a substantial shift in how businesses approach data management and decision-making processes.
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