You asked for it, and it’s here! We are excited to announce the availability of Narratives for Qlik® as an on-premises offering. Experience all the benefits of the Narrative Science hosted extension while feeling confident that your data remains within your firewall.
New for Version 1.4
You have plenty of interesting insights from your data and visualizations; however, you want to focus on specific information that will tell you how your business is doing. How are sales? What might future sales look like? How is your business doing versus the industry?
Sound familiar? Narratives for Qlik helps you drill even deeper into data to generate answers to such questions. We’ve released new features that add depth to analyses, including additional user inputs to control thresholds, options to format and further customize narratives, and the ability to deliver narratives fueled by predictive analytics.
Here’s a snapshot of the new features in action.
I am only interested in movements in sales that are greater than 20%.
You now have the ability to indicate the target thresholds that prompt the narrative to include only the information you are interested in. For example, if you are only interested in movements in sales that are greater than 20%, simply indicate your target threshold, and the narratives will adjust to only include information that meets your threshold.
You can also specify a desired confidence interval so that only insights that are of a certain significance will be reported.
I want to quickly identify which quarters had the greatest improvement in sales.
Using the custom formatting section, you can now bold, underline, add color, or italicize specific content that you want to emphasize. For example, if you are interested in stories that have a positive or negative movement in sales of greater than 20%, you can select your preferences in the analytics and custom formatting sections.
Doing so will allow you to automatically make those statistics follow a certain format, for example, highlighting good changes in green and bad changes in red, to spot trends that matter quickly.
I want to predict what my sales will be over the next year.
Based on historical sales, what will your sales look like over the next year? The narratives within Narratives for Qlik can now communicate this powerful analysis, with integrated predictive analytics in cases when a statistically relevant trendline can be drawn through a time series.
I want to compare my sales performance versus average sales in my industry.
You can now supply additional context to the measures in your visualization that are important to you by telling Narratives for Qlik to communicate the relationship of one measure to another.
For example, if you are interested in learning how your sales performance compares to the average sales in your industry, simply note that the variable Average Industry Sales is a benchmark for the variable Sales Performance. The narratives will adjust and compare the variables against each other, indicating instances where sales have outperformed, underperformed, or performed in line with average industry sales.