Qlik leverages acquisition to build data trust, intensify AI investment

Acquisitions

Summary

Speaking this week at the Johannesburg leg of the Qlik’s global roadshow, QlikWorld Tour, Tuna Yemisci, the company’s regional director, MEA, and East Mediterranean, said the acquisition, completed in May this year, has broadened the company’s product stack, adding new data quality, transformation, application connectivity and API capabilities. Qlik has also invested over US$1 billion in its analytics platform to address requirements for automated and real-time access to data across various industries, including retail, manufacturing, financial services, and pharmaceuticals. Yemisci said businesses across all regions face similar challenges with data integration, access, and management. Qlik is targeting its offering to address a gap it says exists between business operations and software development. Qlik wants to combine these resources to equip businesses with powerful analytics tools and data they can trust and use.

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applications
Business Intelligence

AskAI Classifications

Labels
SaaS Business Intelligence Software Data Integration Software

Linked Companies

Qlik
$500M to $1B
Qlik
$100M to $250M