Qlik Positioned in the Leaders Quadrant of Gartner’s Business Intelligence and Analytics Platforms Magic Quadrant for Fourth Consecutive Year
RADNOR, Pa.--(BUSINESS WIRE)--Qlik, (NASDAQ: QLIK) a leader in user-driven Business Intelligence (BI), today announced it has been positioned by Gartner, Inc. in the Leaders Quadrant of the 2014 Business Intelligence and Analytics Platform Magic Quadrant report*. This designation marks the fourth consecutive year that Qlik secured its 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.qlik.com/mq2014.
“We are encouraged that the identified trend of governed data discovery is aligned with our roadmap from our acquisition of Expressor to our plans QlikView.Next”
According to the report, “By 2015, enterprise buyers of BI platforms will predominantly purchase platforms that support both strong and broad business-user-accessible data discovery capabilities and IT-driven enterprise features for data reuse, governance, security and scalability.” The report also states that “By 2015, the shifting tide of BI platform requirements, moving from reporting-centric to analysis-centric will mean the majority of BI vendors will make governed data discovery capabilities an expansion of, and the prime competitive capability for, their BI platform offerings.”
“It’s exciting to be a part of the pace of change in this industry. When we started in the Magic Quadrant, established ERP stack players dominated and as the pioneer in data discovery it’s great to see that the paradigm has definitively shifted,” said Lars Björk, Qlik chief executive officer. “We are encouraged that the identified trend of governed data discovery is aligned with our roadmap from our acquisition of Expressor to our plans QlikView.Next ”
Qlik’s history of growth and innovation in the category of user-driven BI continues as customers want to move from passively receiving reports to actively participating in analysis. In September 2013, Qlik announced the Company’s strategic roadmap to once again disrupt the BI industry with its next-generation platform to fill the gap between visualization or dashboard solutions and complex BI platforms tied to report-centric ways of doing business. QlikView.Next will give users the immediate insights they need and IT professionals the enterprise manageability and governance they require. Fundamental to making next-generation BI accessible and useful for a broad range of users is QlikView’s Natural Analytics™ approach, which taps into the natural human ability to process complex information. It supports the way human curiosity naturally searches, filters, questions, and finds associations in data to find meaning in information – more easily revealing insights and enabling decisions in the process.
Over these years of continued innovation and changing the face of BI, Qlik maintains its commitment to become the de facto global standard for how people gain insight from their data. With QlikView’s patented core technology, associative experience, and collaboration and mobile capabilities, users can ask and answer streams of questions on their own or in teams and groups, wherever they are working. Users can continue to explore information freely rather than being confined to a predefined path of questions and gain rapid time to value in deployments that can be productive in just days or weeks.
Qlik (NASDAQ: QLIK) simplifies how people explore their data to help them make better decisions. With its QlikView Business Discovery platform people quickly bring data sources together to create dynamic visual applications that can be navigated and searched intuitively. QlikView uses Natural Analytics™ to reflect the way human curiosity searches and processes information, while delivering the enterprise manageability, governance and service offerings organizations require. Qlik and its global partner network support approximately 31,000 customers in over 100 countries.
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 Quadrant for Business Intelligence and Analytics Platforms” by Rita L. Sallam, Joao Tapadinhas, Josh Parenteau, Daniel Yuen, Bill Hostmann, February 20, 2014.
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This press release contains forward-looking statements, including, but not limited to, statements regarding the value and effectiveness of Qlik’s products, including QlikView.Next, the introduction and timing of product enhancements or additional products and Qlik's growth, expansion and market leadership, that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Qlik’s results to differ materially from those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words “predicts,” “plan,” “expects,” “focus,” “anticipates,” “believes,” “goal,” “target,” “estimate,” “potential,” “may,” “will,” “might,” “momentum,” “can,” “could,” “seek,” and similar words. Qlik intends all such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act and the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected in such statements due to various factors. Past performance is not necessarily indicative of future results. The forward-looking statements included in this press release represent Qlik's views as of the date of this press release. This press release is intended to outline our general product direction and should not be relied on in making a purchase decision, as the development, release, and timing of any features or functionality described for our products remains at our sole discretion. Qlik anticipates that subsequent events and developments will cause its views to change. Qlik undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing Qlik’s views as of any date subsequent to the date of this press release.
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