Story image

Qlik enriches data solutions with Podium Data acquisition

25 Jul 18

Data analytics provider Qlik has acquired Podium Data, an enterprise-grade data management company.

This acquisition expands Qlik’s capabilities, moving beyond analytics to being a provider of solutions that democratise data for users to create a more data literate world.

Enterprise data strategies have evolved to rely heavily on the creation of data lakes.

However, customers are realising that these and other data sources aren’t designed to easily and quickly deliver data to the business user.

In many instances, data lakes have only increased customer data complexity and management headaches.

According to Gartner, “Through 2018, 90% of deployed data lakes will be rendered useless, as they’re overwhelmed with information assets captured for uncertain use cases.”

“We work closely with customers to build an analytics strategy that transforms many parts of their business with Qlik, and yet there is still huge untapped value in much of their data,” says Qlik CEO Mike Capone.

“You can’t be a leader in Business Intelligence and ignore the complexities of data management. Acquiring Podium Data furthers our goal of being the partner to handle a customer’s most difficult data challenges, driving both their analytics and data strategy.”

Qlik believes an organisation’s analytics strategy is only optimised when paired with a strong data strategy, and yet most analytics vendors are falling short on delivering in this area.

With Podium Data, Qlik will provide customers with an expanding enterprise data management solution to transform their raw data into a governed, analytics-aware information resource.

Together Podium Data and Qlik will help break down bottlenecks and silos inherent in disparate enterprise data environments and expand the value of data throughout the enterprise.

“The promise of big data to deliver value to the full enterprise hinges on the ability to organise data and make it analytics ready,” says Podium Data CEO Paul Barth.

“We’re excited to be joining Qlik to marry our data management capabilities with the analytics leader to bring data to life for every enterprise user.”

Podium Data will be the foundation for a Qlik data hub offering, encompassing a comprehensive set of capabilities to better manage, understand and act on data.

Qlik envisions a data hub to be more than just data storage, preparation and gathering of metadata.

McAfee named Leader in Magic Quadrant an eighth time
The company has been once again named as a Leader in the Gartner Magic Quadrant for Security Information and Event Management.
Symantec and Fortinet partner for integration
The partnership will deliver essential security controls across endpoint, network, and cloud environments.
Is Supermicro innocent? 3rd party test finds no malicious hardware
One of the larger scandals within IT circles took place this year with Bloomberg firing shots at Supermicro - now Supermicro is firing back.
IoT and real-time visibility: The future of intelligent enterprise
"Given the enormous potential of IoT, any companies that don’t act will risk falling behind."
O-RAN Alliance and Linux to create an open source software community
“Our joint efforts will help accelerate the creation, integration, and deployment of open source in RAN.”
MulteFire announces industrial IoT network specification
The specification aims to deliver robust wireless network capabilities for Industrial IoT and enterprises.
Google Cloud, Palo Alto Networks extend partnership
Google Cloud and Palo Alto Networks have extended their partnership to include more security features and customer support for all major public clouds.
How Adobe aims to drive digital transformation for financial services
Digital transformation is a requirement for ongoing competitiveness that clearly helps businesses run more efficiently.