QlikTech Positioned in the Challenger Quadrant Based on Review of its QlikView Product in 2010 Business Intelligence Platforms Magic Quadrant

RADNOR, Pa., Feb. 4 /PRNewswire/ -- QlikTech, a leading business intelligence company, today announced it's been positioned by Gartner, Inc. in the challengers Quadrant in the Enterprise Business Intelligence Suites (EBIS) Magic Quadrant' report(1) for based on review of its QlikView product.

"It's great to be positioned by Gartner as a Challenger," said Anthony Deighton, Senior Vice President of Products for QlikTech.  "As the company that pioneered the in memory business intelligence space, we understand what it means to have a technology offering that challenges the status quo. We look forward to continuing to challenge the incumbents with a totally different approach than traditional business intelligence platforms.  We're happy to have over 12,000 customers around the world who have reaped the benefits of QlikView's ease of use and rapid deployment that speeds time to critical business answers."

Gartner comments on the evolution of the business intelligence in the report: "Organizations are rapidly embracing the idea of providing data to end users and empowering them with an ability to navigate and visualize the data in a "surf and save" mode as an alternative to a report-only architecture. Threatened by the success of these vendors (and adding to their credibility), traditional BI platform vendors are attempting to imitate them with easy-to-use interactive visualization alternatives often incorporating in-memory technology. This imitation, coupled with a growing recognition by user organizations that data discovery tools can be used as full-functioned BI platforms for a broader range of BI platform capabilities and use cases (beyond rapid prototyping), justifies the significant move of these vendors from the Visionaries to the Challengers quadrant."

About Gartner's Magic Quadrant

The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About QlikTech

QlikTech pioneered the in-memory business intelligence space on the premise that meaningful analysis belongs in the hands of the users who need the information, when they need it.  Its QlikView product is designed to deliver immediate business answers and enable users to easily explore their data without limits. Unlike traditional BI, QlikView can deliver value with payback measured in days or weeks rather than months, years, or not at all.  It can be deployed on premise, in the cloud, or on a laptop or mobile device—from a single user to the largest global enterprise.  QlikTech has more than 12,000 customers in 95 countries and over 800 partners worldwide. For more information, please visit www.qlikview.com.

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.

(1) The "Magic Quadrant for Business Intelligence Platforms" report is available for purchase directly from Gartner.

SOURCE QlikTech

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