Qlik Strengths, Domain Expertise, and Key Differentiators
Only Qlik offers end-to-end, real-time data integration and analytics solutions that help organizations access and transform all their data into value.
Qlik helps companies lead with data to see more deeply into customer behavior, reinvent business processes, discover new revenue streams, and balance risk and reward.
Qlik does business in more than 100 countries and serves over 50,000 customers around the world.
Qlik Recent Developments
In November 2021, Qlik expanded its strategic partnership with Google Cloud. Google Cloud customers can now seamlessly and easily purchase Qlik Data Integration alongside their investment in Google Cloud to help drive more use and value from all their data. The launch is the latest milestone in the growing relationship between Qlik and Google Cloud. Late last year Qlik launched a joint offering with Google Cloud to enable customers to drive more value from SAP data on Google BigQuery, reinforced by Qlik’s ‘SAP on Google Cloud Expertise’ designation.
In October 2019, Qlik released Qlik Sense Business, the latest offering supporting its cloud-first, SaaS strategy. Qlik Sense Business is a new version of Qlik Sense that provides a simple and fast path for customers of any size to access the world-class analytics of Qlik’s patented Associative Indexing technology. The new product is the first and only pure SaaS offering that brings the power of the 3rd generation of data and analytics to small businesses and groups, accelerating their journey to modern analytics more quickly and with greater ROI than any other offering in the market.
Qlik Mergers and Acquisitions (M&A) Activities
In September 2021, Qlik acquired Big Squid, a provider of no-code automated machine learning (AutoML), to expand data and analytics teams' ability to leverage advanced augmented analytics capabilities such as key driver analysis, predictive analytics, and what-if scenario planning with APIdeployable AI models for on-demand predictions directly within Qlik. Combining Big Squid with Qlik's existing augmented analytics capabilities – which already include direct API integrations with 3rd party engines and the integrated intelligent AI assistant Insight Advisor – expands the industry's most robust augmented analytics capabilities suite for cloud analytics. Acquiring Big Squid also further advances Qlik's vision of Active Intelligence, where technology and processes trigger immediate action from real-time, up-to-date, and trusted data to accelerate business value across the entire data and analytics supply chain.
"In August 2020 Qlik acquired the assets and IP of Knarr Analytics, an innovative start-up that provides real-time collaboration, sophisticated data exploration and insight capture capabilities, to complement Qlik’s cloud data and analytics platform. Acquiring Knarr Analytics advances Qlik’s vision of Active Intelligence, where technology and processes trigger immediate action from real-time, up-to-date data to accelerate business value across the entire data and analytics supply chain.
The need for real-time data-driven decision making, which requires merging and using new data sources on-demand, has exposed a gap in data and analytics supply chains. This gap requires a new way of thinking that centers on collaboration between all data and analytics personas, from data integrators and data stewards, to BI developers and analytics consumers. Knarr can help create a unique data and insight fabric by engaging more users throughout the analytical process, surfacing greater business context for both underlying data and resulting insights. This level of collaboration and sharing is essential to the creation of continuous intelligence at the core of Active Intelligence that drives action and value from data.
Knarr IP will enhance the Qlik Sense analytics cloud platform Insight Advisor experience, as well as the data exploration experience in the catalog.
In January 2020 Qlik acquired RoxAI and its Ping intelligent alerting software to deliver actionable, self-service alerting and workflow automation capabilities that enhance analytics users’ and systems’ ability to proactively monitor and manage their business data in real-time to make faster, insight-driven decisions.
Organizations are looking to accelerate business value through data. However, data is always changing. Ping’s self-service intelligent alerts, integrated with Qlik’s leading analytics platform, can immediately notify users through mobile, email and social channels of material changes in their data and the context, triggering decisions and actions immediately. And with Ping, any user can design and create their own advanced alerts around their own use cases – based on their existing dashboards and data – without needing a developer or administrator.
In February 2019, Qlick acquired Attunity Ltd a provider of data integration and big data management software solutions. This acquisition further differentiates Qlik by providing an expanded breadth of enterprise data management capabilities and adds an experienced team of data professionals.
Consistent with Qlik’s vision for 3rd generation business intelligence, a strong data management strategy creates the foundation for an enterprise analytics strategy that drives insights and transforms organizations.
In July 2018, Qlik acquired Podium Data, an enterprise-grade data management company whose solution simplifies and accelerates customers’ ability to manage, prepare and deliver analytics-ready data to every business user across a diverse data landscape. This acquisition expands Qlik’s mission, moving beyond analytics to being a provider of solutions that democratize data for every user to create a more data literate world."
Qlik Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Qlik applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Qlik and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified QlikView, Qlik Sense customers.
Qlik Overview
Ownership: - Thoma Bravo
Number of Employees: 2400
Functional Markets: Analytics and BI, PaaS,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K481, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Qlik Key Enterprise and Cloud Applications
QlikView, Qlik Sense
Qlik Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Qlik Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Qlik Enterprise Applications Revenues By Functional Markets, $M:
Qlik Enterprise Applications Revenues By Verticals, $M:
Qlik Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Qlik Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Qlik Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Qlik Customers
No. of Qlik Customers: 50000
No. of Qlik Enterprise Applications Customers: 50000
No. of Qlik Cloud Customers: 1679
No. of Qlik Cloud Subscribers: 1145
Qlik has approximately 50,000 customers worldwide.
Qlik Sense Cloud Business has 915 active subscribers while Qlik Cloud Services has 453 eligible subscription customers.
Among Qlik customers are: AEG Power Solutions GmbH, Antea USA, Inc., Asurion Corporation, Banca Transylvania, Captain Tortue France, Cloudtail India Pvt.Ltd., Ecare, Environmental Protection Agency, Eriks NV, Ferdinand Bilstein GmbH + Co.KG, ISAB Refinery LUKOIL Group, Jackson Hewitt Tax Service Inc., KPMG Advisory GmbH, L&T Technology Services Limited, Medica Health Plans, Michelin North America, Inc., Modernizing Medicine, Pantos Logistics Co., Ltd., Qantas Airways Limited, Singapore University of Technology and Design, SPIMACO (Saudi Pharmaceutical Industries & Medical Appliances Corporation), Subaru of America, Inc., Taekwang Industrial Co.Ltd., Thales Alenia SpAce Italia SpA, Trainline, University of Pittsburgh Medical Center (UPMC), Australian Department of Employment, Dealogic, ENN (China) Gas Investment Co., Ltd., The Hong Kong Polytechnic University, HPM Building Supply, iCare, Nissan Motor India, and SunKist Growers.
Qlik Market Opportunities, M&A and Geo Expansions
In October 2021, Qlik launched Qlik Forts, a new hybrid cloud service based on the Qlik Cloud platform, that securely extends Qlik’s cloud analytics capabilities to wherever data and compute needs to reside. Whether the data is located on-premises, in a virtual private cloud, or a public cloud, Qlik Forts eliminates the need to move previously siloed local data for cloud analytics, ensuring the cost savings and performance benefits of SaaS while meeting every governance, jurisdiction, or policy requirement. By delivering a seamless, low latency user experience across any cloud, Qlik Forts will accelerate governed use of more relevant data, a key ingredient in achieving Active Intelligence, where technology and processes trigger immediate action from real-time, up-to-date, and trusted data to accelerate business value.
At the beginning of 2019, Qlik acquired the CrunchBot AI-powered analytics bot along with Crunch Data Inc.’s experienced team of AI and solution development professionals.
Now users can interact with and understand their data using natural language through Qlik Sense and within leading collaboration tools such as Slack, Skype, Salesforce Chat, and Microsoft Teams. This expands Qlik’s existing augmented intelligence and cognitive capabilities by delivering additional conversational analytics built leveraging Qlik’s platform and open APIs."
Qlik Risks and Challenges
A rapid growth, if not managed effectively, the revenue and the profits could be adversely affected.
Business Intelligence markets are highly competitive.
Qlik Ecosystem, Partners, Resellers and SI
In October 2021, Qlik expanded APAC's presence with the launch of its new cloud region in Singapore, strengthening the company’s commitment to supporting its growing customer demand for innovation in the Asia Pacific (APAC). The new cloud region builds on Qlik’s continued investment in Singapore, which began in 2011 with the opening of its corporate office. It also marks Qlik’s second cloud region in APAC and the fourth globally, following cloud regions in Australia, Ireland, and the United States. Qlik’s Singapore cloud region will enable organizations, large and small, across multiple industries to store and deploy data for analytics locally at scale, reaping optimal operational performance and data compliance with cost savings of the cloud. Storing data in the regional cloud will also provide customers with the ability to serve end-users analytics needs across the region more effectively with even faster access and lower latency.
In February 2020 Qlik expanded its partnership with Databricks, joining Databricks’ Data Ingestion Network. Qlik Data Integration simplifies loading data into Delta Lake, an open-source project that provides reliable data lakes at scale, accelerating the creation of lakehouses for analytics and machine learning (ML). Lakehouse, a new data management paradigm, combines elements of data lakes and data warehouses, enabling business intelligence (BI) and ML on all of a business’s data.
Qlik and Databricks have been jointly delivering integrated solutions and tremendous value to customers looking to accelerate their journey to the cloud. Deploying Qlik Data Integration with Delta Lake allows unparalleled ability to automate and stream data from any source, including mainframes, SAP, databases and data warehouses, into the cloud, in real time. Customers can quickly unlock the value of all their data for analysis and ML with analytics-ready data sets to maximize the efficiency, scalability and cost-savings in the cloud.
Qlik has the most extensive Partner Network in the industry — over 1,700 partners serve thousands of customers in more than 100 countries.
Qlik partners can customers create better business solutions, increase efficiency, reduce costs, and improve customer satisfaction.
Qlik ecosystem is made up of Solution Providers, Global Strategic System Integrators, Managed Service Providers, OEMs, and Technology Partners."
Qlik Cloud Infrastructure Insights
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- Qlik Public Cloud and Infrastructure (IaaS)
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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