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SOURCE Frost & Sullivan
Global expansion and agenda-setting innovation underline its market leadership
MOUNTAIN VIEW, Calif., July 17, 2014 /PRNewswire/ -- Based on its recent research of the data discovery and visualization (DDV) segment in the big data analytics market, Frost & Sullivan today announced that it is presenting the 2014 Frost & Sullivan Award for Market Leadership in Global Big Data Analytics – DDV segment to Qlik (NASDAQ: QLIK), a leader in user-driven Business Intelligence (BI). DDV solutions offer capabilities to integrate, transform, analyze and graphically represent visual relationships across multiple data sources. Amidst intense competition from a number of pure-play and point solution vendors, Qlik has achieved this Frost & Sullivan distinction by maintaining a relentless focus on product innovation and offering a highly flexible end-user experience to its customers.
Qlik's growth and innovation in the category of user-driven data discovery and visualization continues as customers want to move from passively receiving reports to actively participating in analysis. The Company announced it will release a free desktop version of its next-generation product QlikView.Next early in the third quarter of 2014. Qlik will also make available a cloud service for small group sharing of analysis with the desktop version. The desktop edition business analytics users will be able to leverage QlikView.Next's intuitive features to build a customized application in minutes by just dragging and dropping, experiencing many of the Natural Analytics™ user interface capabilities before the server and enterprise functionality of the complete platform is expected to be generally available in the second half of 2014.
Over these years of continued innovation and changing the face of BI, Qlik has maintained 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. QlikView also offers data governance capabilities to provide the security and control required by enterprise IT.
"Qlik is widely used by end users from a number of industry verticals, including healthcare, retail, banking and financial services, telecommunication as well as media and entertainment. Furthermore, Qlik is working on the next generation of its software with QlikView.Next," said Frost & Sullivan Industry Analyst Hiral Jasani. "With this latest release, Qlik will offer a complete technology platform surrounded by an ecosystem of people, services, and applications that reinvents data discovery and visualization."
Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for outstanding achievement in areas such as leadership, technological innovation, customer service, and product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research.
Key performance areas for Qlik include growth strategy excellence; growth implementation excellence; depth of product suite; degree of innovation with products and technologies; and speed of response to market needs and global expansion.
More information on Frost & Sullivan's Best Practices Awards, including the award research methodology, can be found here: http://www.frost.com/prod/servlet/our-services-page.pag?sid=222013561
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 32,000 customers in over 100 countries.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion.
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