The firm notedthat QlikView`s ability to deploy enterprise-wide business analytics at anaffordable cost is truly praiseworthy in these times. Each year, Frost & Sullivan presents this award to the company that has emergedas a significant participant within its industry. The award recognizesoutstanding management, superior market growth, exceptional customer service andthe ability to combine technology and successful strategic initiatives. It laudsthe recipient`s exceptional know-how to take advantage of market changes throughthe execution of innovative strategies within the existing competitivelandscape. Industry analysts compare market participants and measure performancethrough in-depth interviews, analysis, and extensive secondary research in orderto identify best practices in the industry “We`ve been `jumping curves` for a while at QlikTech and it seems that in thiseconomic climate we are gaining even more recognition based on our unique timeto value proposition,” said Lars Bjork, CEO, QlikTech.
“As a global consultancyspecializing in identifying growth opportunities, models and strategies acrossindustries, it`s especially rewarding to have been chosen by Frost & Sullivanfor this honor.” Traditional BI vendors are finding it difficult to deliver solutions that enablecustomers to experience quicker ROI. However, QlikTech has clearlydifferentiated itself from traditional online analytical processing (OLAP) toolsby developing an innovative associative technology, which enables dynamicqueries and analysis of extensive data sets, to avoid the need for pre-defineddata structures. “QlikTech has overcome the innate challenge of traditional BI solutions bymitigating the trade-off between solution robustness and its flexibility,” saysFrost & Sullivan Research Analyst Muthuraman Ramasamy. “The solution allowsflexible in-memory, associative analysis of a multitude of data sets on acost-effective platform, unlike space-consuming traditional BI solutions.” “QlikView, with its easy enterprise-wide scalability, and open interface,remains a hallmark of innovation,” continues Ramasamy. “The simple, scalable andcost-efficient user-licensing model could enable QlikView to be the BIsolution-of-choice. The organization`s innovative think-tank and best-in-classwork practices have contributed to a significant growth rate and established anexpanding customer base.” About QlikTechQlikTech is the Business Answers company. Its flagship product, QlikView,enables organizations of all sizes to unlock the value of their data to makebetter decisions that improve business results.
Unlike traditional BI solutions,QlikView delivers immediate value with payback measured in days or weeks ratherthan months, years, or not at all. Through QlikView`s disruptive, in-memoryassociative approach, business users have experienced unprecedented success andsatisfaction. QlikTech is the only company in this market that offers a 30-daymoney-back guarantee. QlikTech grew by 50% in 2008 and has more than 10,500customers in 92 countries and over 700 partners worldwide.
