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Qlik strengthens cloud-based offerings with acquisition of Industrial CodeBox


Cape Town, 03 May 2016

Qlik (NASDAQ: QLIK), a leader in visual analytics, announced it has acquired Industrial CodeBox, the company behind QVSource, which allows Qlik Sense and QlikView users to include data from cloud-based sources such as social media, software as a service (SaaS) applications, and other Web-based APIs into their applications for deeper levels of insight.

A Qlik partner since 2011, QVSource provides over 40 out-of-the-box connectors to specific applications within popular Web-based services such as Twitter, Facebook, and Google, as well as cloud-based applications, including Microsoft Dynamics CRM, and SugarCRM.

With this acquisition, Qlik enhances the time to value and ROI of the Qlik visual analytics platform by enabling customers to quickly set up and include data from cloud-based sources to gain even greater insights. The terms of the transaction were not disclosed.

Qlik Connectors: See the whole story in minutes

Today, most businesses rely heavily on Web apps and cloud-based services such as Google Analytics and Salesforce.com. Along with the prominence of social media platforms as communications tools, this trend means an ever increasing amount of a company's data is being stored online by service providers.

As enterprise data discovery momentum has increased, a growing number of Qlik customers need to have one solution that includes cloud-based services in order to see the whole story in their data.

Qlik Connectors can now intuitively communicate with the growing number of online services and data sources, in addition to on-premises databases, applications, spreadsheets and custom sources. All of this data can be fed into the Qlik visual analytics platform, where users can then analyse the combined external and internal data.

How it works: Opening up new and important data sources

Data resides in increasingly disparate locations, with more and more on-premises operational systems being replaced with cloud services - even at the enterprise level. Leveraging Qlik's associative model, Qlik Connectors can now dynamically mine social media and cloud-based applications and automatically feed it into the Qlik visual analytics platform to give customers a richer view of business performance. The data can also be enriched as it is being retrieved, so, for example, a tweet or Facebook post can be analysed for its sentiment. With the Qlik Connectors, customers can also automate and schedule the regularity with which data is imported into the Qlik visual analytics platform. This radically improves the consistency of data analysis, and empowers users to make informed business decisions in near real-time.

"Industrial CodeBox and its QVSource application fit squarely in our acquisition strategy as tuck-in technology that enhances the value of Qlik solutions to our customers," said Anthony Deighton, Qlik Chief Technology Officer. "This is a great way to accelerate data preparation and expand our cloud-based offerings to meet customer needs."

Product availability

Industrial CodeBox developed its integrations to the Qlik visual analytics platform as a technology partner and currently has hundreds of Qlik customers using its products. All released QVSource connectors will continue to be supported and will soon be rebranded under the name Qlik Connectors.

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Qlik

Qlik (NASDAQ: QLIK) is a leader in visual analytics. Its portfolio of products meets customers' growing needs from reporting and self-service visual analysis to guided, embedded and custom analytics. Approximately 39 000 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 1 700 partners covering more than 100 countries.

QlikView South Africa

QlikView South Africa is the local representative and distributor for Qlik (NASDAQ: QLIK), a leader in visual analytics. Its QlikView Business Discovery solution bridges the gap between traditional BI solutions and inadequate spreadsheet applications. The in-memory associative search technology QlikTech pioneered created the self-service BI category, allowing users to explore information freely rather than being confined to a predefined path of questions. Appropriate from SME to the largest global enterprise, QlikView's self-service analysis can be deployed with data governance in days or weeks. The QlikView Business Discovery platform's app-driven model works with existing BI solutions, offering an immersive mobile and social, collaborative experience. Headquartered in Radnor, Pennsylvania, Qlik has offices around the world with more than 1 700 partners covering more than 100 countries.

For more information, please visit www.qlikview.co.za.

Editorial contacts

Ronell Swartbooi
DUO Marketing + Communications
(021) 683 8223
ronell@duomarketing.co.za