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Qlik Strengthens Data Capabilities with Successful Acquisition of Talend
Tue, 23rd May 2023

In a notable move towards fortifying the modern enterprise's ability to utilize data effectively, Qlik has successfully completed its acquisition of Talend, thereby enhancing its industry-leading capabilities in data access, transformation, analysis, and implementation.

Mike Capone, CEO, will lead the combined entity, which marks the fruition of Qlik's strategic vision to deliver unparalleled data integration, data quality, and analytics solutions. "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," Capone states.

The advent of data fragmentation, caused by thousands of sources and targets, has presented organizations with tough decisions, often resulting in cost and innovation risks. Qlik's acquisition of Talend offers an innovative approach that addresses this issue, offering top-tier capabilities that eliminate technical debt, increase cost efficiency, and ensure trusted data availability for critical decision-making.

Analysts are optimistic about this merger. Mike Leone, Principal Analyst for Analytics and AI at the Enterprise Strategy Group, sees it as a game-changer. "These are two market-leading companies that will enable their customers to benefit across the data and analytics lifecycle... 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.”

The synergies between Qlik and Talend's solutions present an extended portfolio in crucial areas such as data quality, transformation, application connectivity, and API services. Qlik ensures its commitment to openness, promising customers access to any data source, target, architecture, or methodology.

This strategic unification has solidified Qlik's standing in the data management and analytics sector. For the past seven years, Talend was recognized as a leader in Gartner’s Magic Quadrant for Data Integration Tools, and for five years consecutively, a leader in its Magic Quadrant for Data Quality Solutions. Qlik, on the other hand, has consistently been a leader in Gartner's Magic Quadrant for Analytics and Business Intelligence Platforms for 13 years in a row and has been recognized as a leader in the IDC MarketScape: U.S. Business Intelligence and Analytics Platforms 2022 Vendor Assessment.