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QlikView 10 Delivers a Consumer Experience for Enterprise BI Software

^{Published on 2010-10-12 06:11:38 - Market Wire}
 

RADNOR, Pa.--([ BUSINESS WIRE ])--QlikTech (NASDAQ:QLIK), a leading business intelligence company, today announced the availability of QlikView 10, the only BI solution that combines the simplicity of the consumer application user experience with the power of enterprise BI. QlikView is already used by large global enterprises, including Campbella™s Soup, Canon, Fila, Gatorade, Panasonic, and Toyota, to empower business users to ask and answer critical business questions. QlikViewa™s disruptive consumer approach allows users to rapidly solve business problems in days and weeks, rather than traditional BI which can take months, a year or never at all. Ita™s why an IDC survey sponsored by QlikTech revealed that QlikView customers achieve significantly higher satisfaction with their BI systems than general BI users. On a scale of 1 to 5, 96% of QlikView users indicated the top three levels of satisfaction¹. This was recently reinforced as QlikTech ranked number one in BI customer loyalty in the BARC BI survey².

"Our extraordinary traction is a testament to the success of our consumer-oriented approach"

aOur extraordinary traction is a testament to the success of our consumer-oriented approach,a says Anthony Deighton, Senior Vice President, Product, QlikTech. aQlikView 10 illustrates our continued commitment to simplicity -- from a user perspective with search and speed, from a development perspective with extensions for customization and from an IT perspective in terms of manageability. With QlikView 10, we continue to transform the entire BI industry, which is now struggling to catch up with us.a

Delivers the BI Consumer Enterprise

QlikView 10 combines the simplicity of the consumer application experience with the power of BI. With QlikView 10, any business user can become instantly productive by clicking through data to make more informed, timely decisions. It also features new visualizations that enable users to explore and understand their data more easily than ever. For example, new Mekko charts let users portray relationships and ratios among dimensional values within a bar chart. In addition, QlikView 10 lets users get to specific analytics more rapidly than ever with the ability to refine or change selections via a drop-down list for each selection.

Associative Search

QlikView 10a™s Associative Search leverages QlikViewa™s in-memory approach to deliver the familiar experience of a search engine to find critical information and get fast business answers. Similar to Googlea™s new Instant Search, QlikViewa™s Associative Search provides instant results as you type. Its intuitive interface highlights important relationships between your data. QlikView 10 also extends Associative Search into every listbox across every dashboard, enabling users to quickly find detailed answers to critical questions.

Faster Than Ever

QlikView 10 delivers performance improvements across the board a from data acquisition to end user interaction. QlikView 10a™s new asynchronous AJAX support enables data objects to refresh in real-time without refreshing the entire screen. In addition, core calculation enhancements and multi-threaded reloads take advantage of a new generation of server hardware with large numbers of CPU cores. Beta testing indicates customers can expect 200-1,000% data loading performance improvements with QlikView 10 on multi-core machines. QlikView 10 also scales to meet the requirements of the largest global enterprises. It supports tens of thousands of connected users and billions of records, and delivers linear scalability that leverages the most advanced 64-bit Intel multi-core architectures.

Open Integration

QlikView 10 introduces a new level of integration possibilities, enabling users to extend QlikView with their existing tools and applications. With QlikView extensions, customers have a virtually endless array of visualization and other customization opportunities. For instance, QlikView 10 extensions can show visualizations of maps, flow charts and flash animations. And the new QlikView Data Exchange (QVX) makes it easy for third-party systems to output data that can be quickly accessed by QlikView. Importantly, all integration points into and out of QlikView are documented and openly available to customers and partners who build on our platform.

Enterprise Manageability

QlikView 10 gives IT total control with powerful, flexible and easy consoles for measuring, monitoring and deploying QlikView applications and data. It also offers centralized management capabilities, including load balancing, administration and refresh scheduling. QlikView 10 further enhances enterprise manageability capabilities by supporting legal and regulatory compliance initiatives with comprehensive, new end-user usageaudit logging, as well as more detailed and distributed control over content distribution.

Works With Existing BI, CRM and ERP Systems

QlikView 10 enables enterprises to easily consolidate data from any source: operational applications such as Oracle, SAP and Salesforce.com; databases such as SQL Server, MySQL and Oracle underlying custom applications; traditional disk-based BI, and data warehouses such as Teradata and Informatica; data behind web services; and local data such as spreadsheets. QlikView 10 allows enterprises to better leverage their investment in existing business and warehousing assets with intuitive access and comprehensive analytics and sophisticated visualization.

Availability

QlikView 10 can be viewed in action at [ http://demo.qlikview.com ] and will be available for free download shortly at [ www.qlikview.com/download ]

About QlikTech

QlikTecha™s powerful, accessible business intelligence solution enables organizations to make better and faster decisions. Its QlikView product delivers enterprise-class analytics and search with the simplicity and ease of use of office productivity software. The in-memory associative search technology it pioneered makes calculations in real-time enabling business professionals to gain insight through intuitive data exploration. Unlike traditional business intelligence products, QlikView can deliver value 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 devicea"from a single user to large global enterprises. QlikTech (NASDAQ: QLIK) is headquartered in Radnor, Pennsylvania, with offices around the world and a network of over 1,100 partners to serve more than 15,000 customers in over 100 countries worldwide.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements, including, but not limited to, statements regarding the value and effectiveness of QlikTech's products, the introduction of product enhancements or additional products and QlikTech's growth, expansion and market leadership, that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause QlikTech's results to differ materially from those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "prediction," "plan," "expects," "anticipates," "believes," "goal," "estimate," "potential," "may", "will," "might," "could," and similar words. QlikTech intends all such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act and the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected in such statements due to various factors, including but not limited to: risks and uncertainties inherent in our business; our ability to attract new customers and retain existing customers; our ability to effectively sell, service and support our products; our ability to manage our international operations; our ability to compete effectively; our ability to develop and introduce new products and add-ons or enhancements to existing products; our ability to continue to promote and maintain our brand in a cost-effective manner; our ability to manage growth; our ability to attract and retain key personnel; the scope and validity of intellectual property rights applicable to our products; adverse economic conditions in general and adverse economic conditions specifically affecting the markets in which we operate; and other risks more fully described in QlikTech's publicly available filings with the Securities and Exchange Commission. Past performance is not necessarily indicative of future results. The forward-looking statements included in this press release represent QlikTech's views as of the date of this press release. QlikTech anticipates that subsequent events and developments will cause its views to change. QlikTech undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing QlikTech's views as of any date subsequent to the date of this press release.

Qlik and QlikView are trademarks or registered trademarks of QlikTech or its subsidiaries in the U.S. and other countries. Other trademarks belong to their respective owners.

¹ IDC White Paper sponsored by QlikTech, aSuccess and Value From BI: The QlikView Customer Experience, Doc # IDCWP16R2, October 2009

² BI Survey 9 a" the worlda™s largest independent survey of Business Intelligence (BI) and Performance Management (PM) users conducted by the Business Application Research Center (BARC), September 2010