Qlik
| Qlik | |
|---|---|
| legal form | Corporation |
| founding | 1993 |
| Seat | Radnor , United States |
| management | Mike Capone |
| Number of employees | approx. 2,200 |
| sales | $ 470.5 million (2013) |
| Branch | Software developer |
| Website | www.qlik.de |
QlikTech is a software company founded by Björn Berg and Staffan Gestrelius in 1993 in Lund ( Sweden ). The main products are the business intelligence tools QlikView and Qlik Sense .
Headquartered in Radnor , Pennsylvania, QlikTech has offices across the globe. Together with over 1100 partner companies, QlikTech looks after more than 48,000 customers in 100 countries.
history
1993-1999
The company's founders wanted to develop a program that is intuitive to use and that simulates people's associative way of thinking. This resulted in software called QuikView . "Quik" stood for Quality, Understanding, Interaction, Knowledge (quality, understanding, interaction, knowledge). The software was very innovative at the time because it relied on in-memory technology, i.e. H. the software runs completely in the main memory. The Moore's Law has therefore favors the development and success of QuikView. In 1996 the software was renamed QlikView , because users can create data analyzes with a click of the mouse.
2000-2005
In 2000, QlikTech appointed Måns Hultman as CEO . He brought Lars Björk - today's CEO - into the team as CFO . He also focused QlikTech on the business intelligence market, which accelerated the company's expansion. The number of employees doubled from 35 in 1999 to 70 in 2003. QlikTech selected a consortium of venture capital companies Accel Partners and Jerusalem Venture Partners to raise capital. Through their participation, USD 12.5 million flowed into the company. By 2004, QlikTech had an annual growth rate of 35% and sales of $ 13 million.
During this time, QlikTech entered into partnerships with Intel and HP in order to be able to use the multi-core and 64-bit architectures.
2005 – today
Due to the continuous performance development of the hardware, especially the processors and main memory, and the in-memory technology, QlikView can now manage very large amounts of data and several thousand users. This enables the use of QlikView in large companies.
In 2007, Lars Björk became CEO of QlikTech. Under his leadership, QlikTech's 2010 sales increased to $ 226.5 million. There are now more than 1,600 employees in 22 branches in twelve countries. Since July 16, 2010, QlikTech has been traded on the NASDAQ, which means that its headquarters have been relocated to the USA.
At the end of 2014, the Icelandic data provider DataMarket was taken over.
In 2016, QlikTech was acquired by the private equity company Thoma Bravo .
Individual evidence
- ↑ Annual Report 2013 (pdf, 1.02 MB, English)
- ↑ QlikTech - The company behind QlikView , July 15, 2014.
- ↑ QlikTech raises $ 12.5 million from corporations Accel Partners and JVP, December 2004 . Accessed in 2014-15-07.
- ↑ KBV awards largest German business intelligence project to QlikTech, October 2005 . Accessed in 2014-15-07.
- ↑ Press release: QlikTech Announces Pricing of its Initial Public Offering, July 2010. (No longer available online.) July 15, 2010, formerly in the original ; accessed on July 15, 2014 . ( Page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ Hjalmar Gislason: DataMarket joins Qlik. (No longer available online.) DataMarket blog, October 31, 2014, archived from the original on December 19, 2014 ; accessed on January 13, 2015 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Thoma Bravo to buy analytics firm Qlik in $ 3 billion deal , at www.reuters.com , accessed June 10, 2018
