QlikTech
QlikTech was founded in 1993 as a consulting company. The office was established in Lund, Sweden at Ideon, one of the oldest science parks in the world. One of the company's first assignments was to develop a tool for analyzing multi-dimensional data. While developing a solution for this customer, it struck the founders that this was also a solution to a general problem that many organizations have. This led to the development of QlikTech's patented in-memory associative technology.
They called the new software they developed QlikView because it provided a point-and-click, simple way to view data and information. After applying for patents, version 3.15 was launched in 1997 and could be installed as a standard program on PCs. At first the company grew slowly, but by 2004 there were more than 1,500 customers across the world. The company was now considered a highly successful Swedish software company, but it faced a decision. Was QlikView a Nordic phenomenon, or a global one? At the end of 2004, Accel Partners and Jerusalem Venture Partners, the premier global venture capital firm, made an investment in taking QlikView global. Since then, growth has been rapid. Today, QlikView has more than 527,000 users at over 11,400 customers in 94 countries, and it continues to add an average of 14 customers every day. It also has 530 employees in 22 offices in 12 countries, as well as more than 800 global partners.
QlikView 9 was released in June 2009. Now recognized as the leading provider of next generation BI solutions, QlikTech is also the fastest growing BI software company in the world, according to IDC. QlikTech experienced 50% revenue growth in 2008 alone.
