QlikTech and QlikView
Analysis of QlikTech (now called Qlik Technologies), vendor of the memory-centric QlikView business intelligence products. Related subjects include:
QlikTech – flexible, memory-centric, columnar BI
QlikTech has a pretty interesting story, and a number of customers seem to agree. Their flagship product QlikView is a BI suite that runs off an in-memory copy of the data. Specifically, that copy is logically relational and physically columnar. In an important feature, QlikView is happy to import data from multiple sources at once, such as a warehouse plus an operational data store.
So the QlikTech pitch is essentially “Buy our stuff, and you can start doing BI immediately, running any queries and reports you want to. No reason to limit your queries to any kind of dimensional model. No need to prepare the data.” More precisely, QlikTech claims to do away with some kinds of data preparation; obviously, cleaning and so on might still be necessary. Indeed, they describe their classic use case as being the combination of data partly from an operational store and partly from a pre-existing warehouse. Read more
| Categories: Business intelligence, Memory-centric data management, QlikTech and QlikView, SAP AG | 1 Comment |
QlikTech numbers update
I chatted with QlikTech again yesterday. The update on their numbers is that they ended 2006 with 5,436 customers in 68 countries. Of those, 3,200 were added over the year. (I.e., they only had 2,200 or so at the end of 2005.) Revenue growth was slightly more than 80% for the year, for the third straight year over 80%. (I think their real goal is to double.) That should put them at $40 million or so in license fees, for classical BI only. (Budgeting/planning features are apparently slated for QlikView Release 8 in May.) Read more
QlikView – a leader in memory-centric BI
QlikTech — the vendor of QlikView — contacted me to tell their memory-centric BI story. A Swedish company with >$23 million in estimated license revenue last year and a 100%ish growth rate, they claim to be the leader in that space, pulling ahead of Applix. But for now, I’ll call them “a” leader, and say that their story sounds like a hybrid between those of Applix (TM1 product) and SAP (BI Accelerator).