The ROI of the Qlik Data Integration solution

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Qlik Data Integration is positioned as the best technology solution to improve ROI . Discover how it impacts business.

What is ROI and why is it important when implementing technology?
The concept of ROI refers to “Return on Investment”, a metric used by companies with the objective of knowing in depth how much they earned in relation to the investments made .

To calculate it, total income is considered, costs are subtracted and, finally, said result is divided by the costs in their entirety.

As we can see, ROI is central to modern organizations and even more so at times when new technological solutions must be incorporated and implemented to improve business areas.

When changes in technologies and increased digitalization occur , investments also change and increase, triggering changes in ROI .

For this reason, to obtain profitable results from Thailand Phone Number Lead new technological incorporations, companies must have clear and concrete arguments.

In this scenario, Forrester Research carried out a study entitled: “Total Economic Impact” through which the potential return on investment of the Qlik Data Integration solution was examined.

The study interviewed four Qlik Data Integration customers, including their benefits as well as their costs, to create a hypothetical company, providing any organization with valuable data about the potential financial impact that Qlik's data integration platform can provide.

Prior to this trial, participating companies were using completely disconnected solutions for managing their internal and external data. In the past, this led to extremely limited data integration, frustrations across business areas, and many pain points that needed to be improved.

The results of implementing Qlik's data integration platform were compelling : The solution generated enough benefits to enable a financial recovery in less than six months.

Over three years, Qlik Data Integration delivered a net benefit of $12 million and a 306% ROI . Enabling savings related to:

Efficiencies in data management.
Real-time data integration and governance.
Simplified and practical reports.
You can read the full study at the following link .

Benefits of Qlik Data Integration
Qlik Data Integration is Qlik's Data Streaming product that, through different Change Data Capture (CDC) techniques, promotes the replication of data in real time and from transactional origin sources such as SAP, to any destination source, such as a Data Warehouse, Snowflake, Amazon S3, Cloudera and many more.

It has the ability to automate the storage and transfer of files that are managed in corporate, hybrid and multi-cloud IT environments.

These characteristics allow companies to trust that profitable results will be produced in the short term and, therefore, make smart investments in technology that will not affect the business ROI.