Qlik CEO discusses using generative AI to run your business

QlikTech International AB, a leading provider of business intelligence and data integration software, is using generative AI to capitalize on growing interest in artificial intelligence.

Qlik believes that with over 30 years of intelligence-based product portfolio, the market is ready to respond.

“We've been preparing for this moment for years… this was the generative AI moment where we finally crossed the chasm and said, 'Okay, now we can actually do this productively,'” said Qlik CEO Mike Capone (pictured left). “The products that we've put together, the data integration technology, the data governance technology, the analytics and automation, that chain has come to fruition. What we've shown you today is how to deploy AI productively and responsibly, and that's the key.”

Qlik CEO Mike Capone and Sarvant Singh of Penske Truck Leasing talk to theCUBE about using generative AI.

Capone spoke with theCUBE Research executive analysts John Furrier and Savannah Peterson on Qlik Connect during an exclusive broadcast from SiliconANGLE Media's livestreaming studio, theCUBE. He was joined by Sarvant Singh (right), vice president of data and emerging digital solutions at Penske Truck Leasing Co. LP, to discuss Qlik's approach to data quality and how Penske is using AI to enhance its operations. (*Disclosure details below.)

Putting generative AI to work: Qlik and Penske focus on operational data quality

In his discussion with Penske's Singh, Capone noted that the trucking company has been working to integrate AI into its operations platform for years, and that its focus on data quality has laid a solid foundation for taking the next step toward generative AI.

“As we start to explore the potential of AI, the data quality discussion really comes to the forefront,” Capone points out. “You have to put in the work. You can't just throw AI at it and have it happen. Companies like Penske did that work first, and that laid the foundation from which they are now deriving value.”

According to Singh, that value is already paying off in several areas, including predictive maintenance processes.

“When a truck is on the road, it's likely to break down,” Singh says. “Previously, we had no way to proactively address that. Now, thanks to AI, we can predict when a truck is going to break down. Last year alone, we prevented 90,000 trucks from breaking down on the side of the road.”

Penske has been focused on a data strategy that leverages analytics to drive fleet management and realize economic benefits, with AI being a key component as it becomes more integrated with its business platform.

“I think embedded AI is what's coming,” Singh says. “It's no longer a single app that you need to do something. AI is going to become pervasive and at some point become an integral part of every business application.”

Qlik plans to support this approach through enhancements to core products such as Qlik Sense, its data analytics solution.

“You'll be able to very quickly incorporate generative AI into your existing data pipelines and applications,” Capone said. “We're doing this today with Qlick Sense, and you get immediate value. It's about being situational.”

Below is the full video interview, which is part of a story about Qlik Connect from SiliconANGLE and theCUBE Research.

(* Disclosure: theCUBE is a paid media partner of Qlik Connect. Neither QlikTech International AB, the sponsor of theCUBE's event coverage, nor any other sponsors have editorial control over content on theCUBE or SiliconANGLE.)

Photo: SiliconANGLE