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2007
sets another record year
for QlikView and a new era for Business Intelligence
With
an 80% increase over 2006 worldwide revenues, QlikTech has
maintained its status as the
fastest growing BI company in the world. This is the 3rd year in
a row where QlikTech records 75% or more annual revenue growth!
This success comes in a year of significant industry consolidation,
when traditional BI vendors such as Cognos, Business Objects and
Hyperion were acquired by IBM, SAP and Oracle, respectively. We
believe that these acquisitions are highly significant and mark a
turning point in the world of BI which will be redefined by new and
innovative technologies. Unlike OLAP, these technologies will focus
on simplicity and delivery to the end user and fulfill the promise
that we in IT have been making for so long. This sentiment is
reflected in a recent Gartner report where they state that
increased BI innovation also means that query, reporting and
online analytical processing (OLAP) capabilities have reached parity
and no longer deliver competitive edge.
It
is clear that with its unique associative in-memory technology and
the phenomenal growth it has achieved in the past years, QlikView
has established itself as one of the key players that is redefining
the BI landscape.
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