QlikTech Positioned in the Leaders Quadrant for 2012 Business Intelligence Platform Magic Quadrant

Posted by Sangaré Mohamed in Business | 0 comments

RADNOR, Pa.–(BUSINESS WIRE)–

QlikTech,
(NASDAQ: QLIK – News) a leader in Business Discovery – user-driven Business
Intelligence, today announced it has been positioned by Gartner, Inc. in
the Leaders Quadrant in the 2012
Business Intelligence Platform Magic Quadrant report*. QlikTech
secured its coveted position in the Leaders Quadrant based on
completeness of vision and ability to execute. Gartner Magic Quadrants
provide a snapshot of how vendors perform in a market segment with the
goal of helping end users make better informed decisions about companies
they may be looking to partner with, or whose services or products they
may want to purchase. The full report is available for download from http://www.qlikview.com.

According to Gartner, “In 2011, business users continued to exert
significant influence over BI decisions, often choosing data discovery
products in addition to/as alternatives to traditional BI tools.” They
explain that “In 2011, the BI platform market expansion was influenced
by significant increases in demand from a wide array of ‘users’: line
workers, business analysts, advanced analytic professionals, business
executives, customers/constituents, partners, regulators, and IT
professionals. … This expansion is not a temporary aberration, but a sea
change for the business analytics marketplace, and by extension for the
BI platform market.”

“We’re thrilled to be an early pioneer and catalyst to this sea change
in the industry that Gartner describes,” said Lars Björk, QlikTech’s
chief executive officer. “Continued momentum has solidified this trend
toward user-driven business intelligence, which we define as Business
Discovery. As a leader in the space, we believe QlikTech is well
positioned to grow this market and continue to be recognized as an
industry leader. We’re excited to see the whole category continue to
thrive.”

QlikTech has disrupted the BI industry by empowering all business users
with interactive data analysis instead of static reports. The company is
now leading the Social BI trend that leverages the power of the
collaborative decision making for a group, organization, or department
to accelerate better decisions with greater alignment and transparency.

In the fall of 2011, the company announced QlikView 11, introducing
social decision-making on its self-service BI platform to help business
users collaborate to make more insightful decisions. With this release,
QlikTech expanded its vision to include all the ways people make
decisions every day – with relevant data, on location, and with teams.
Business users are further empowered with new collaborative and mobile
capabilities, and IT managers will appreciate the unified management
functionality that allows them to keep control and governance at the
core while pushing usage out to the edges of the organization.

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select
only those vendors with the highest ratings. Gartner research
publications consist of the opinions of Gartner’s research organization
and should not be construed as statements of fact. Gartner disclaims all
warranties, expressed or implied, with respect to this research,
including any warranties of merchantability or fitness for a particular
purpose.

* Gartner “Magic Quadrants for Business Intelligence Platforms” by John
Hagerty, Rita L. Sallam, James Richardson, February 6, 2012.

About QlikTech

QlikTech (NASDAQ: QLIK – News) is a leader in Business Discovery—user-driven
Business Intelligence (BI). QlikTech’s powerful, accessible Business
Discovery solution bridges the gap between traditional business
intelligence solutions and standalone office productivity applications.
Its QlikView Business Discovery platform enables intuitive user-driven
analysis that can be implemented in days or weeks rather than months,
years, or not at all. The in-memory associative search technology it
pioneered allows users to explore information freely rather than being
confined to a predefined path of questions. QlikView Business Discovery
works with existing BI applications and adds new capabilities: insight
for everyone, zero-wait analysis, mobility, an app–like model,
remixability and reassembly, and a social and collaborative experience.
Headquartered in Radnor, Pennsylvania, QlikTech has offices around the
world serving approximately 22,000 customers in over 100 countries.

QlikTech and QlikView are trademarks or registered trademarks of
QlikTech International AB. Other company names, product names and
company logos mentioned herein are the trademarks, or registered
trademarks of their respective owners.

Article source: http://finance.yahoo.com/news/qliktech-positioned-leaders-quadrant-2012-165600760.html

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