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Quantrix Combines Past Performance with Future Possibilities

Business intelligence tools allow end users to access data and create analyses, reports and dashboards.  The visualization aspect often makes it easier for viewers to discern outliers and trends.  Because these tools analyze historic data, this is particularly useful for gaining insights into past performance. Quantrix also allows you to create analyses, reports, visualizations and dashboards from historic data.  Quantrix differentiates in that you can then create forward-focused models from that historic analysis.  For most BI tools, the analysis is the "end of the road".  They are not adding value or additional context to the data.  You can get very good insights, view trends and exceptions, but then you still would likely create your budget, plan, “what ifs” and other models in spreadsheets.  As we know from the economic crisis, historic patterns don't always predict future activity.  To quote Warren Buffet, "If past history was all there was to the game, the richest people would be librarians." 

Empowering the Creative Side of Business Users

The Presentation Canvas, a unique Quantrix feature which allows users to create interactive dashboards, is completely free-form.  In other words, business users can drag-and-drop model elements and dashboard widgets (dial gauges, sliders, thermometers, etc) anywhere on the screen.  In contrast, visual BI tools are template-based, which restricts the user to place elements only in pre-defined areas.  Quantrix is designed for flexibility - it allows business users to create the analyses, models, reports and interactive dashboards specific to their decision-making needs.

Illustration:  Business users can place matrices, images, and dashboard widgets anywhere on the presentation canvas for truly customized dashboards, reports, simulations, and “what ifs”

Quantrix versus Enterprise Business Intelligence Applications

While visual BI tools are increasingly designed for business users, most enterprise BI applications still require significant involvement by the IT department.  These applications are expensive, have long implementation cycles, require programming resources, and do not readily support ad hoc modeling.  For this reason, data is often exported into spreadsheets for downstream analysis and modeling.

Illustration:  The traditional approach of pairing enterprise BI applications with spreadsheets creates risks, limitations, and costly overheads.

Metadata Continuity

Quantrix, on the other, is designed specifically for the business user.  Models developed with Quantrix are managed by the business user and can be adapted to ever-changing business conditions.  Metadata continuity eliminates the data silos that are created by the combination of enterprise BI applications and spreadsheets.  Quantrix's proprietary DataPush technology enables value-added data to be "pushed" back into databases and other business applications, thus ensuring that data and insights can be leveraged throughout the organization.  Quantrix is also much more cost-effective both from a licensing, maintenance and resource allocation perspective.

Illustration:  Quantrix a more efficient, integrated approach to business intelligence and business modeling.

For a more detailed examination of how Quantrix compares to business intelligence tools and solutions, please read the whitepaper, Quantrix:  Filling the Gap Between Spreadsheets and BI.

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