Data-driven digital transformation in the professional and business services industry

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We continue to take advantage of the sessions at Qonnections 2017. On this occasion, we present a summary of the session that Niall Gallacher, Global Director – Qlik Industry Solutions, conducted on how many professional services organizations around the world are taking advantage of innovative analytics to drive success in their digital transformation strategies.

Prospective analysis and discoveries
Being able to predict future results, rather than simply reviewing past results
Provide business insight reports, rather than basic reports
Discover hidden patterns
Provide top-level companies with critical planning data that is easily consumable (mobile)
Discover and simulate more than “slice and dice”
Model possible changes that could occur as the business transforms over time
Use key predictive indicators (KPP) as well as key performance indicators (KPI)
Increase transparency
Reduce costs and improve efficiency
Traditional BI does not apply to this business
According to a recent study, 45% agree or strongly thailand number data agree that the current development cycle for new analytics ideas is too long and does not match business requirements. A higher percentage (52%) cite technological limitations and 47% agree or strongly agree that the company's IT system is not optimized to enable business decision makers across all departments to do their jobs effectively.

That is why many organizations across a variety of professional services are embracing digital transformation by leveraging data analytics to gain competitive advantage.

What are the transformation approaches and analytical solutions that Qlik proposes for the Professional and Business Services Industry?


According to this chart, there are 4 key business priorities that need to be addressed:

Improve governance (reduce risks)
Increase income
Improving operational excellence
Reduce Costs
To see the various digital transformation analytics solutions and concrete examples that Qlik offers for audit and accounting consultancies, law firms, BPO organizations, engineering and construction consultants, among others, we invite you to watch the full presentation here.