With organisations across all industry sectors now looking to make business decisions based on data rather than gut instinct, Qlik has expanded its portfolio of enterprise data integration, quality and analytics capabilities.
To be led by Qlik CEO Mike Capone, the combined entity will provide enterprise customers across the world with an expanded data fabric solution that allows for endpoint data management across hybrid multi-cloud environments, as well as delivering application connectivity and API services.
Together, the companies will look to help large businesses overcome the challenge of data fragmentation, driven by thousands of sources and targets — leading to incomplete legacy solutions, cloud lock-in, or multiple disparate point solutions.
Following the acquisition, the Qlik platform — currently used by over 40,000 active customers in over 100 countries — will continue to operate for the benefits of any data source, architecture or methodology, in the aim of keeping data assets accessible wherever it resides.
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“Qlik, together with Talend, will bring significant benefits to customers, including expanded product offerings, enhanced support and services, and increased investments in innovation and R&D,” said Mike Capone, CEO of Qlik.
“Qlik’s broad expertise in data integration, analytics, AI and machine learning combined with Talend’s data integration and data quality solutions, will provide customers the most comprehensive solution in the industry.”
Michael Leone, principal analyst for analytics and AI at Enterprise Strategy Group, commented: “This is a perfect example of 1 + 1 equals 3. These are two market-leading companies that will enable their customers to benefit across the data and analytics lifecycle regardless of where they are in their digital transformation journey.
“So many data initiatives are seeking to build trust within the data ecosystem, and it’s not just the data. It’s the processes and people too.
“By marrying Qlik’s existing presence in the data integration space with Talend, customers will see more robust data integration capabilities and powerful data governance to deliver the confidence and trust they desire.”
While Gartner has positioned Talend as a leader in its Magic Quadrant for Data Integration Tools, and for Data Quality Solutions for five consecutive years, Qlik has been cited as a Analytics and Business Intelligence Platforms leader for 13 years running.