QlikTech, the world`s leading provider of in-memory reporting and analysis solutions, has been recognised by IDC as the fastest growing of the top 20 worldwide business intelligence software providers.
In a recent competitive analysis report, "Worldwide Business Intelligence Tools 2005 Vendor Shares", Dan Vesset, research director, analytics and data warehousing software at IDC, reports: "Over the past three years, QlikTech has seen unequalled acceleration of the acceptance of its technology in the business intelligence market. QlikTech`s expansion from its European base into North America has been well received and has helped the company achieve over a 70% growth rate in software licence and maintenance during the past two years."
"IDC continues to see healthy demand for business intelligence tools as they remain an attractive market for software vendors and one of the top investment priorities for end-user organisations. This is exemplified by an 11.5% growth rate in 2005 which yielded a total market size of $5.7 billion in worldwide software revenue," according to Vesset.
"Solutions such as QlikView from QlikTech, take a very different approach to data management from other major BI vendors by providing what amounts to `infinite` dimensional ad-hoc query and analysis to end-users - something that traditional OLAP vendors cannot provide with their existing products."
QlikTech is leading a new class of easy to use, fast and flexible business analysis solutions that connects people with mission-critical information instantly through a simple, easy-to-understand and visually rich interface. QlikTech`s flagship product, QlikView 7.5, extends the company`s vision of simplifying business analysis, offering solutions that can be deployed in days, where users can be trained in minutes, and where end-users have the freedom to be more creative in their analyses.
Locally, QlikView South Africa is achieving more than 100% growth year-on-year. "QlikTech`s exceptional growth is indicative of broader trends we see in the business intelligence market. In short, organisations are looking for simplicity and faster deployment, and end-users demand a solution which everyone can use without specialised training," said Davide Hanan, Managing Director of QlikView South Africa. "QlikTech is leading a revolution in the business intelligence market focused on applying cutting-edge technology to delivering analysis to all users quickly and cost-effectively."
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QlikView South Africa is the South African representative and distributor for QlikTech, the Swedish developer of QlikView business intelligence and data analytics software. QlikView is an industry-changing application that is dramatically easier to deploy and use than traditional business intelligence technology. It provides instant, in-memory manipulation of massive datasets on low cost hardware, allowing affordable and widespread deployment of highly sophisticated analytic applications. QlikView South Africa also provides consulting and implementation services to simplify business analysis and to connect more people at all levels in an organisation to the information they need.
For more information about QlikView South Africa, visit www.qlikview.co.za.
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