CEO
Radnor - PA United States
The big idea: In 25 words or less, please tell us how this Fast 50 Nominee is helping to address the planet's problems.
QlikTech’s mission is “simplifying analysis for everyone,” reflected in its solutions, business practices and company culture. Its approach has resulted in award-winning innovation and fanatical customers.
Please describe how this nominee is using business as a force of positive change. What technology, idea, or strategy is the nominee using -- and what problem, such as global warming, poverty, or pollution, does it address? (suggested length: 100 words)
There is a widening gap today between what software users experience in their work environment and the applications they use to run their personal lives. Traditional Business Intelligence (BI) required multi-million dollar projects with multi-month timelines and specialized technical expertise. By making it difficult and expensive to install and use, traditional BI has been limited to the elite.
Disruptive technologies create new markets by solving problems in new ways. QlikTech’s award-winning business analysis solution, QlikView, helps people analyze their businesses and solve their problems with simple tools that answer their questions.
Typical and traditional BI software forces analysis to be predetermined based on linear thinking of anticipated questions. QlikView instead enables associative analysis. QlikView works the way your mind works, allowing you freely explore related information for better insight and accurate answers.
By making it easy to buy, deploy and use, QlikView makes business intelligence for everyone. QlikView intuitive to learn, simple to modify and able to be deployed in less than a week. QlikTech is the only major business intelligence software vendor to offer a 30-day, money-back guarantee.
Every time a market is revolutionized by innovation, a single vendor emerges as the next great company. Market “changers” like Google and salesforce.com were not necessarily the first or even better solutions. But they were the fastest growing, and their success was based on platform innovations.
QlikTech is leading the next generation of business intelligence software providers, as the world’s fastest-growing BI software vendor (IDC), delivering innovation through its patented, in-memory association technology.
What are the results, both financial and social? How has the nominee's business performed, and what impact has it had on the problem it addresses? (suggested length: 100 words)
Financial impact: 2007 revenues were $80 million, with 75%+ annual revenue growth since 2005. 8,200 customers in 83 countries – and adds 12 daily.
Market impact: QlikTech was named a TechPioneer 2008 by The World Economic Forum, ranked by Gartner as “visionary” and “the coolest vendor,” and received 12+ significant awards in the past 12 months.
Social impact: 366,000 people worldwide create and use QlikView applications to make their work more effective and their companies more competitive. QlikView applications detect fraud, track daily financial performance and even save lives. Sahlgrenska Hospital received a Computerworld Honors Laureate Award using QlikView to analyze treatment for brain surgery.