Qlik Positioned in the Leaders Quadrant of Gartner’s Business Intelligence and Analytics Platforms Magic Quadrant for Fifth Consecutive Year

RADNOR, Pa.--()--Qlik®, (NASDAQ: QLIK) a leader in data discovery, today announced it has been positioned by Gartner, Inc. in the Leaders Quadrant of the 2015 Business Intelligence and Analytics Platform Magic Quadrant report*. This designation marks the fifth consecutive year that Qlik has been positioned 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/mq2015.

According to the report, “The transition is to platforms that can be rapidly implemented and can be used by either analysts and business users, to find insights quickly, or by IT to quickly build analytics content to meet business requirements to deliver more timely business benefits. Gartner estimates that more than half of net new purchasing is data-discovery-driven.” The report goes on to say that “This shift to a decentralized model that is empowering more business users also drives the need for a governed data discovery approach.”

“We’ve always been a disruptive force in the BI industry. There was a time that our data discovery offering was a visionary concept that the established vendors were trying to incorporate; now this shows that data discovery has set the standard for BI leadership,” said Lars Björk, Qlik chief executive officer. “As the pioneer in this market Qlik will continue to make bold moves in areas of self-service visualization and governance to redefine the market.”

Qlik is focused on the next transformation as the data discovery category matures to governed, user-driven creation. Qlik recently introduced general availability of Qlik® Sense, the first device-independent, self-service visualization and discovery product engineered for enterprise-class governance and performance. Built on a modern architecture and powered by the patented, industry-proven Qlik data indexing engine, Qlik Sense gives users the unrestricted ability to create personalized data analyses and explore the relationships that exist in data to reveal connections instantly. Qlik Sense is designed to serve audiences equally without compromise: business users gain the intuitive experience they need, developers gain boundless possibilities for what they can create and IT gains centralized control for management and governance.

As enterprise data discovery momentum has increased, the need for Qlik customers to have the power of interactive and collaborative analytics in combination with automated reporting has grown. This month, Qlik announced its acquisition of Vizubi and its NPrinting product line, the market-leading report generation, distribution, and scheduling application for QlikView®. With this acquisition, QlikView can now serve as a single platform for both guided analytics and reporting, allowing organizations to retire redundant BI solutions and save significant costs.

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 Qlik’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 happen to be working. Users can continue to explore information freely rather than being confined to a predefined path of questions and they gain rapid time to value in deployments that can be productive in just days or weeks.

About Qlik

Qlik (NASDAQ: QLIK) is a leader in data discovery delivering intuitive solutions for self-service data visualization and guided analytics. Approximately 34,000 customers rely on Qlik solutions to gain meaning out of information from varied sources, exploring the hidden relationships within data that lead to insights that ignite good ideas. Headquartered in Radnor, Pennsylvania, Qlik has offices around the world with more than 1700 partners covering more than 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 or other designation. 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, Bill Hostmann, Kurt Schlegel, Joao Tapadinhas, Josh Parenteau,Thomas W. Oestreich, February 23, 2015.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements, including, but not limited to, statements regarding the value and effectiveness of Qlik’s products, 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.

© 2015 QlikTech International AB. All rights reserved. Qlik®, Qlik® Sense, QlikView®, QlikTech®, and the QlikTech logos are trademarks of QlikTech International AB which have been registered in multiple countries. Other marks and logos mentioned herein are trademarks or registered trademarks of their respective owners.

Contacts

Media Contact
for Qlik
Amanda Keane, 617-520-7260
akeane@webershandwick.com

Release Summary

Qlik®, a leader in data discovery, today announced it has been positioned by Gartner, Inc. in the Leaders Quadrant of the 2015 Business Intelligence and Analytics Platform Magic Quadrant report.

Contacts

Media Contact
for Qlik
Amanda Keane, 617-520-7260
akeane@webershandwick.com