Knowledge

Inside scoop: How Australia will leverage Qlik Answers in 2025

Qlik Answers - Australia's brand new AI tool that is the hot topic in business intelligence. Is this the right solution for your business in 2025? Read our review.

October 16, 2024

Generative AI-Powered "Knowledge Assistant" 

Qlik Answers in 2025 | AI Tool | Data-Driven Decisions | Generative AI Powered Knowledge Assistant

Qlik Answers: At a glance

The Generative AI-Powered "Knowledge Assistant" What does this mean?

  • Businesses and organisations face the challenge of extracting meaningful insights from unstructured data such as internal documents, reports and knowledge bases.
  • Qlik Answers offers a solution by providing clear, relevant responses through a user-friendly interface (you don’t need to be a Subject Matter Expert - SME)
  • The AI-powered tool allows businesses to ask straightforward questions and receive actionable insights instantly - backed by evidence and references.
  • Rather than simply providing search results, it delivers very quick, accurate and explainable answers drawn from various unstructured data formats. Read more in our blog post here.

Our 2025 predictions: How Australian sectors & industries will leverage Qlik Answers

Let’s explore how Qlik Answers will streamline processes across key Australian industries with our top predictions.

1. Government: Making Data-Driven Decisions

Government departments handle an array of unstructured data, from policy documents to community service requests. Qlik Answers allows public servants to ask focused questions and receive relevant data-backed answers.

Example: A local council employee might ask, “What are the most common service requests in the past six months?” and receive a quick, data-driven summary to enhance decision-making processes.

How? The Qlik Answers tool is designed to retrieve insights from various unstructured sources such as policy documents and internal reports, which are common in government operations.

2. Fast Moving Consumer Goods (FMCG): Enhancing sales strategies

Sales and marketing teams in the FMCG sector benefit greatly from fast access to performance insights.

Example: With Qlik Answers, users can ask questions like, “Which products had the highest return rates last quarter?” and instantly access relevant data, enabling faster responses to market demands and more effective sales strategies.

How? In competitive sectors like FMCG, real-time data is critical for adjusting sales and marketing strategies. Qlik Answers delivers immediate insights, enabling businesses to respond swiftly to changes in customer behaviour and market trends.

3. Education: Optimising Student Outcomes

Educational institutions manage a wealth of data, from student records to policy updates. Qlik Answers can help administrators to easily query unstructured documents like policy updates.

Example: For instance, they could ask, "What are the compliance requirements for distance learning this term?"

How? Unlike a dashboard or report, which tracks quantitative data, Qlik Answers can retrieve specific information from documents, giving immediate, detailed insights.

4. Finance: Simplifying compliance reporting

Staying on top of regulatory changes is vital for financial institutions. With Qlik Answers, compliance officers can ask questions about the latest financial regulations and receive accurate, timely updates. This reduces the burden on teams and ensures that they’re always in line with evolving standards.

Example: A compliance officer in a large financial institution is responsible for ensuring the organisation adheres to frequently changing regulations, such as anti-money laundering (AML) rules or tax compliance updates. Instead of manually searching through dense regulatory documents or relying on a report, the officer could use Qlik Answers to ask, “What are the latest changes to AML regulations in Australia?” Qlik Answers would pull the relevant, up-to-date information from compliance documentation, providing a clear, source-backed response in real time. This streamlines the compliance process and ensures accuracy.

How? Financial institutions often face complex and rapidly changing compliance requirements. Qlik Answers’ ability to retrieve data from regulatory documentation and provide transparent, source-backed answers can simplify this process.

Why Choose Notitia to leverage Qlik Answers ?

At Notitia, we specialise in helping Australian businesses implement data-driven tools.

We have hand-picked a team of local experts that provide custom products and solutions. Our tailored approach ensures that your organisation benefits from seamless integration, empowering your team to unlock the full value of your data. From healthcare to government, we’ve helped many organisations streamline operations and improve decision-making processes through intelligent data solutions.

Ready to Transform Your Data Strategy?

If your business is ready to improve how it accesses and uses unstructured data, Notitia is here to help. Contact us to workshop whether Qlik Answers can help you make smarter, faster decisions.

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