Qlik® today announces that Borealis has turned to Qlik to support its data and analytics business needs.
The need for efficient procurement, from purchase requisition right through to payment of an invoice, while also dealing with growing volumes of data from multiple sources, has seen the company adopt the Qlik Sense® data analytics platform in a SaaS model to reduce costs while allowing accurate business decisions to be made.
Borealis is one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers and the mechanical recycling of plastics.
“Data analysis is very important to our procurement process but, like many large companies, we had a vast amount of data and no easy way to link all the information that originated from different sources. We used standard tools for business analysis but they could only produce static and pre-defined reports. Qlik’s associative engine brings all our procurement information together in one place, empowering our staff to make better informed decisions,” says Ivan Bozov, Procurement Intelligence Specialist at Borealis.
“We needed to create one source of truth with all our data so we can obtain actional insights from its analysis, as well as support informed decision making across the global procurement organization. This means our team has more time to focus on what is important by analyzing trends and identifying savings opportunities. With Qlik we have been able to achieve this,” added Bozov.
“We are very pleased to be supporting Borealis as they bring all their procurement information together into one place. The company now has full transparency on their data, from purchase requisition right through to payment of the invoice,” says Wolfgang Kobek, SVP EMEA at Qlik. “Borealis’ business decisions are based on facts and not guesswork.”
Qlik is a complete SaaS data analytics platform that sets the benchmark for a new generation of analytics. With a one-of-a-kind associative analytics engine, sophisticated AI, and high-performance cloud platform, Borealis can empower its employees to make better decisions daily, creating a truly data-driven enterprise.