Swiss watchmaker recognizes QlikTech as a "world leader in new generation Business Intelligence applications"
Gland, Switzerland (PRWEB) November 20, 2008 -- QlikTech, the world's fastest-growing Business Intelligence (BI) software company, today announced that it has won the Audemars Piguet "Changing Times Award." CEO Lars Björk accepted the prize today in Gland, Switzerland. "Changing Times" is granted by Audemars Piguet, in conjunction with the European Tech Tour, a trade association for young technology companies.
"Changing Times" is awarded to the company that best meets Audemars Piguet's ideals: innovation, cutting-edge technology, precision and boldness. Only European companies may be nominated for the prize. A number of other requirements must also be met - for example, nominated companies must be able to demonstrate "hyper-growth" during the three preceding years. QlikTech's sales have increased by over 75% annually for the past three years.
Audemars Piguet is Switzerland's oldest independent luxury watch manufacturer and is still run by the founder's descendants. The basis offered for QlikTech's "Changing Times" nomination was:
"World leader in new generation Business Intelligence applications."
"Of course, it's always wonderful to be nominated for prestigious honors and awards," says Björk. "This is doubly true when we're nominated for reasons that are in complete agreement with our view of QlikTech."
Recent QlikTech recognition
"Changing Times" is the latest in a long line of honors granted in recent years to the company and its founders, owners, management team and customers. QlikTech was invited to the World Economic Forum in Davos as a Technology Pioneer earlier this year, and to Fortune's annual seminar on technology trends last summer. Lars Björk emphasizes that, despite its fast growth, QlikTech has maintained stability, thanks to factors like its strong partner strategy:
"QlikTech has developed into a well-known international company that commands global respect, both for its unique technology and for its unique ability to grow rapidly. Today, QlikTech is one of the world's fastest-growing IT companies and among the 25 largest global software companies. Thanks in large part to our 500 partners, we operate in 90 countries and have close to 10,000 customers. We are also experiencing an increasing demand from enterprise customers who are tired of the never-ending projects from traditional BI suppliers. We can implement very large projects in days or weeks, where our competitors require months or years. Companies are beginning to understand that our solutions measure up -- even for large- scale implementations -- when they see how well QlikView-based solutions work with thousands of users."
About QlikTech
QlikTech's flagship product, QlikView, simplifies analysis for everyone. QlikView works the way your mind works - making associations by connecting data from many sources in a few clicks. This patented in-memory association technology brings fast results and better decision making to a wide range of customers and industries. QlikView is intuitive to learn, simple to modify and can be deployed in less than a week.
Named the world's fastest-growing Business Intelligence software vendor by IDC, QlikTech has approximately 9,960 customers in 90 countries and more than 500 partners worldwide. QlikTech was founded in Lund, Sweden and is headquartered in Radnor, PA (USA) with direct operations throughout Europe and the Americas. QlikTech offers a fully functional, free trial of QlikView and a 30-day money-back guarantee. For more information, please visit QlikView XML RSS Feed.
Cautionary Statements
This press release contains unaudited financial information and forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions and uncertainties. Important factors that could cause actual results to differ materially from those reflected in any forward-looking statements include, among others, a lack of acceptance of QlikTech's products in the marketplace, a failure of the company to become or remain profitable, QlikTech's inability to obtain the capital necessary to fund its research and development activities, a loss of any of the company's key personnel or management and other factors. The financial and business information referenced above does not guarantee future results or performance. The information in this press release is provided only as of the date of this press release, and QlikTech undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
QlikTech and QlikView are trademarks or registered trademarks of QlikTech International AB. Other company names, product names and company logos mentioned herein are the trademarks, or registered trademarks of their respective owners.
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