Frost & Sullivan Recognizes QlikView Business Discovery Platform for Top Customer Value
QlikTech presented with 2013 Customer Value Enhancement Award for enabling manufacturing companies worldwide to overcome Business Intelligence challenges and improve performance
RADNOR, Pa.--(BUSINESS WIRE)-- QlikTech, (NASDAQ: QLIK), a leader in Business Discovery — user-driven Business Intelligence (BI), today announced that Frost & Sullivan awarded the QlikView Business Discovery platform with the 2013 Customer Value Enhancement Award. This award is a result of Frost & Sullivan's independent analysis and primary research performed while compiling its "Top 50 Game Changers" manufacturing report, which identifies the top hardware and software companies impacting and accelerating U.S. manufacturing competitiveness.
This latest recognition builds on LARSON Manufacturing Company being named a winner of the 2013 Manufacturing Leadership 100 Awards (ML100). With more than 200 business users using over 90 QlikView applications, LARSON has improved visibility into product quality and supply chain effectiveness plus decreased cost and time of reporting. In addition, Frost & Sullivan named the QlikView Business Discovery platform as the Emerging Analytics Player of the Year in Le Meridien, Delhi, honoring the outstanding achievements of QlikTech's domestic market strategy and marketing and sales initiatives.
Today, manufacturing companies require more flexible business models and real-time decision-making intelligence. QlikView delivers measurable success quickly with no risk, minimal investment, and without having to commit substantial resources. Anyone within the business, as well as suppliers and distributors, can use QlikView with applications customized to each user's needs. Through QlikView's powerful information analysis, more than 2,000 manufacturing customers such as Amcor, Mitsubishi Electric, Sandvik, Panasonic Home Appliances Company, Toshiba Europe, and Weir Services now have an integrated view of information to improve performance across their organizations.
"Manufacturing environments today are extremely detailed, with global models encompassing many distinct enterprise solutions and pulling in data from disparate sources and storing them as either structured or unstructured data," said Muthuraman Ramasamy, Senior Industry Analyst at Frost & Sullivan. "QlikView's ability to recognize the complexity of the data, the volume, and the solution into which it is plugged in order to make overarching insights demonstrates its unmatched capabilities, thus ensuring that it is uniquely differentiated from its competitors. We firmly believe that QlikView can help the growing number of manufacturers that are extending the implementation and utilization of analytics in order to enable faster and more profitable decisions in a highly competitive and complex environment."
"Putting the information in the hands of the people on the front line - those planning and managing production, buying materials, planning supply and demand, managing quality, inventory, waste or compliance - is key to enforcing a culture of fact-based decision-making in manufacturing industries," said David Telford, Senior Director of Global Manufacturing & High Tech at QlikTech. "QlikView's differentiation is its ability to deliver the simplicity users need to interact with data and generate new insights which impact profitability, risk and customer satisfaction, and loyalty. Receiving this recognition from Frost & Sullivan is a testament to the thousands of manufacturers globally that have turned to QlikView to overcome their information challenges."
The Frost & Sullivan Award for Customer Value Enhancement is presented each year to the company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. This award recognizes QlikTech's inordinate focus on enhancing the value that its customers receive, beyond simply good customer service, leading to improved customer retention and, ultimately, customer base expansion.
To learn more and download a copy of this report, please visit: http://www.qlikview.com/us/explore/solutions/industries/manufacturing.
QlikTech (NAS: QLIK) is a leader in Business Discovery — user-driven Business Intelligence (BI). Its QlikView Business Discovery solution bridges the gap between traditional BI solutions and inadequate spreadsheet applications. The in-memory associative search technology QlikTech pioneered created the self-service BI category, allowing users to explore information freely rather than being confined to a predefined path of questions. Appropriate from SMB to the largest global enterprise, QlikView's self-service analysis can be deployed with data governance in days or weeks. The QlikView Business Discovery platform's app-driven model works with existing BI solutions, offering an immersive mobile and social, collaborative experience. Headquartered in Radnor, Pennsylvania, QlikTech has offices around the world serving approximately 29,000 customers in over 100 countries.
About Frost & Sullivan
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Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements, including, but not limited to, statements regarding the value and effectiveness of QlikTech's products, the introduction of product enhancements or additional products and QlikTech's growth, expansion and market leadership, that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause QlikTech's results to differ materially from those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "predicts," "plan," "expects," "anticipates," "believes," "goal," "target," "estimate," "potential," "may", "will," "might," "momentum," "could," "seek," and similar words. QlikTech intends all such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act and the Private Securities Litigation Reform Act of 1995. The forward-looking statements included in this press release represent QlikTech's views as of the date of this press release. QlikTech anticipates that subsequent events and developments will cause its views to change. QlikTech undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing QlikTech's views as of any date subsequent to the date of this press release.
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