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QlikTech Positioned in the Leaders Quadrant for 2011 Business Intelligence Platform Magic Quadrant

Radnor, PA - 31 January 2011

(BUSINESS WIRE) - QlikTech, (NASDAQ: QLIK) a leader in Business Discovery – user-driven Business Intelligence, today announced it has been positioned by leading analyst firm in the Leaders Quadrant in the 2011 Business Intelligence Platform Magic Quadrant report*.

QlikTech secured a coveted position in the Leaders Quadrant based on its completeness of vision and ability to execute. Gartner Magic Quadrants provide a snapshot of how vendors perform in a market segment with the goal of helping end users make better informed decisions about companies they may be looking to partner with, or whose services or products they may want to purchase.

“We believe being named a Leader in the Gartner Business Intelligence Platform Magic Quadrant is confirmation that the user-centric breed of business intelligence we pioneered – Business Discovery – is taking hold in companies around the world,” said Lars Björk, QlikTech’s chief executive officer. ”We feel our position in the Leaders Quadrant validates our philosophical difference from the traditional vendors: we believe the power of information should reach to the edges of every organization rather than being centralized for use by a chosen few. Now companies can get up and running quickly, get to the information they need from existing systems, and be agile in the way they run their business. It’s exciting to be at the forefront of this consumerization of software trend which we feel has helped secure our placement as a Leader.”

QlikTech’s powerful, accessible Business Discovery solution bridges the gap between traditional business intelligence (BI) solutions and standalone office productivity applications. Its QlikView Business Discovery platform enables intuitive user-driven analysis that can be implemented in days or weeks rather than months, years, or not at all. QlikView’s in-memory associative search technology allows users to explore information freely in a Google-like experience rather than being confined to a predefined path of questions. QlikView Business Discovery works with existing BI applications and adds new capabilities: insight for everyone, zero-wait analysis, mobility, an app–like model, remixability and reassembly, and a social and collaborative experience.

Source: QlikTech corporate web site