Click here to close now.




















Welcome!

News Feed Item

Leading Russian Insurer Selects QlikView as Its Business Intelligence Standard

QlikTech (NASDAQ: QLIK), a leader in Business Discovery – user-driven Business Intelligence (BI), today announced that AlfaStrakhovanie Group, one of the largest insurance companies in Russia, has expanded its use of the QlikView Business Discovery platform and will standardize on the platform for all BI users worldwide. Having the capability to analyze data in real-time is crucial to AlfaStrakhovanie Group’s successful development and widening the competition gap in the insurance market. In order to boost the efficiency of its analytical processes and provide insurance agents with a self-service BI solution, AlfaStrakhovanie Group has enlisted ATK Consulting Group, an Elite Partner of QlikTech, for the implementation of more than 1,000 QlikView licenses.

The AlfaStrakhovanie Group has been using ATK QlikView for Insurance since 2009. The decision to implement an innovative BI system was motivated by the need to decrease the time and resource allocated to the collection and creation of analytical data and to support the company’s dynamic growth by providing individual divisions with real-time information. Initially, the main users of QlikView were in the operational department; however, as the functional capabilities were extending and the confidence in the information provided by QlikView was growing, it started to be used by new employees, including heads of branches and regional centers. Today AlfaStrakhovanie Group’s QlikView user base spans the entire organization. From the actuarial department, who were involved in the project design; to the operations department, who had provided the business units with reports before QlikView was implemented; to the sales and underwriting departments.

“When we began using QlikView we realized that its capabilities not only fulfill the basic functions to build reports, but also provide the flexibility to perform a wide range of new tasks – and by the users themselves,” said Andrey Pedorenko, CIO at AlfaStrakhovanie Group. “Now the scope of our QlikView deployment has expanded to a number of areas from the insurance business and the financial unit to the control of data quality. This year we have decided to significantly increase the number of QlikView users and offer it to our sales representatives to analyze and evaluate their own work.”

A key use of QlikView is in the underwriting department for motor insurance and the analysis of sales figures. AlfaStrakhovanie Group offers dozens of motor insurance products. One of the top reasons that QlikView was implemented is because of the big need that the motor insurance underwriters had for analysis. Previously this was done in Microsoft Excel and Access, which incurred significant labor costs and did not provide a full view of the information landscape. QlikView, within seconds, provides information on loss ratios with dozens of variables such as the car’s make, model, age, the driver’s age and driving experience and the type of insurance product. The department receives the information required for making decisions related to tariff rates and insurance conditions, in real-time.

“From the very beginning of this project, AlfaStrakhovanie Group’s approach to the development of BI in the company has been very strategic,” commented Andrey Krasnopolsky, General Manager, Consulting Group ATK. “The stage of extending the analytical functionality in the company has lasted almost for three years, and today they have launched a dynamic expansion of analytics that will give them a new impetus to the expansion on the insurance market.”

“AlfaStrakhovanie Group is one of many recent customers that prove the value of QlikView as an enterprise solution. This is especially impactful from a company like AlfaStrakhovanie, which serves millions of customers and hundreds of thousands companies,” said Alexey Artemenko, Regional Director at QlikTech in Russia and the Commonwealth of Independent States (CIS). “As more organizations throughout Russia become increasingly competitive in the global marketplace, they will want to follow in AlfaStrakhovanie Group’s footsteps and move beyond basic reporting to self-service Business Discovery. We look forward to expanding the reach of QlikView in the region.”

About QlikTech

QlikTech (NASDAQ: QLIK) is a leader in Business Discovery—user-driven Business Intelligence (BI). Its QlikView Business Discovery solution bridges the gap between traditional BI solutions and inadequate spreadsheet applications. The in-memory associative search technology QlikTech pioneered created the self-service BI category, allowing users to explore information freely rather than being confined to a predefined path of questions. Appropriate from SMB to the largest global enterprise, QlikView’s self-service analysis can be deployed with data governance in days or weeks. The QlikView Business Discovery platform’s app-driven model works with existing BI solutions, offering an immersive mobile and social, collaborative experience. Headquartered in Radnor, Pennsylvania, QlikTech has offices around the world serving approximately 26,000 customers in over 100 countries.

QlikTech and QlikView are trademarks or registered trademarks of QlikTech or its subsidiaries in the U.S. and other countries. Other company names, product names and company logos mentioned herein are the trademarks, or registered trademarks of their respective owners.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Any Ops team trying to support a company in today’s cloud-connected world knows that a new way of thinking is required – one just as dramatic than the shift from Ops to DevOps. The diversity of modern operations requires teams to focus their impact on breadth vs. depth. In his session at DevOps Summit, Adam Serediuk, Director of Operations at xMatters, Inc., will discuss the strategic requirements of evolving from Ops to DevOps, and why modern Operations has begun leveraging the “NoOps” approa...
While many app developers are comfortable building apps for the smartphone, there is a whole new world out there. In his session at @ThingsExpo, Narayan Sainaney, Co-founder and CTO of Mojio, will discuss how the business case for connected car apps is growing and, with open platform companies having already done the heavy lifting, there really is no barrier to entry.
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of tech...
This Enterprise Strategy Group lab validation report of the NEC Express5800/R320 server with Intel® Xeon® processor presents the benefits of 99.999% uptime NEC fault-tolerant servers that lower overall virtualized server total cost of ownership. This report also includes survey data on the significant costs associated with system outages impacting enterprise and web applications. Click Here to Download Report Now!
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advance...
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on...
Cloud and datacenter migration innovator AppZero has joined the Microsoft Enterprise Cloud Alliance Program. AppZero is a fast, flexible way to move Windows Server applications from any source machine – physical or virtual – to any destination server, in any cloud or datacenter, using its patented container technology. AppZero’s container is also called a Virtual Application Appliance (VAA). To facilitate Microsoft Azure onboarding, AppZero has two purpose-built offerings: AppZero SP for Azure,...
Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is designed for their business. In 2015, organizations such as United Airlines, Sony...
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Trel...
Red Hat is investing in Tesora, the number one contributor to OpenStack Trove Database as a Service (DBaaS) also ranked among the top 20 companies contributing to OpenStack overall. Tesora, the company bringing OpenStack Trove Database as a Service (DBaaS) to the enterprise, has announced that Red Hat and others have invested in the company as a part of Tesora's latest funding round. The funding agreement expands on the ongoing collaboration between Tesora and Red Hat, which dates back to Febr...
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into its broader portfolio of OpenStack® based solutions. The announcement, made today at the OpenStack Silicon Valley event, further highlights IBM’s continued support to deliver OpenStack solutions across all cloud depl...