AI is fascinating, but most organizations don’t have the magnitude of data or the skills to effectively leverage it.
Watching Qlik’s Qonnections 2018 keynote yesterday opened my eyes to a new application of ai. Qlik claimed that Qonnections was the largest data analytics conference in the world. Not sure about that one, but their existing 45,000 customers is hard to argue. Their CEO make some interesting claims, that 10 of the 10 largest pharma companies use Qlik, along with an impressive list of the top 10 companies across several leading industries.
The progression is always like this: data -> analytics -> insights. I’ve heard it many ways from many suppliers, but the two biggest hurdles with data are always the same. Gathering high-quality data is difficult. There are lots of tools for display once clean data is available. Regardless of the quality of the tools, deriving actionable insights is tricky.
It all starts with data literacy and a data-centric culture.
Qlik’s director of research presented their soon to be released “Cognitive Engine”. The highlight of the cognitive engine is their clever use of AI. With Qlik’s new technology, a researcher can visually drill into apparent anomalies in the data, and Cognitive Engine’s AI will proactively identify statistically significant variances worth exploring.
This, to me, was fascinating. It was clearly one of the quickest and easiest ways a data-centric organization could start to leverage AI.