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QlikTech Celebrates Industry Recognition for Continued Growth Amidst Downturn

QlikTech Celebrates Industry Recognition for Continued Growth Amidst Downturn

Radnor, Penn (PRWEB) November 2, 2009

In recognition of the company's continued success during a year when others in the industry have struggled, QlikTech was recently cited on a number of major industry lists in 2009 including Deloitte's Greater Philadelphia Fast 50, Inc.'s Inc. 5000 and Software's Software 500.

Among the recent industry citations are:

An eighth-place ranking on the 2009 Greater Philadelphia Fast 50, an annual ranking of the fastest growing technology, life sciences and clean technology companies in the Greater Philadelphia region compiled by Deloitte LLP. Based on five-year fiscal revenue growth, QlikTech improved its ranking from ninth in 2008.
Ranked 750 on the 2009 Inc. 5000, which was based on percentage revenue growth from 2005 through 2008. The company also placed 49th (of 237) in the software category and 15th among the top 100 businesses in the Philadelphia-Camden-Wilmington area. Over the past three years, QlikTech realized an impressive 385.8 percent growth, with 2008 revenue reaching $ 119.0 million.
Selection to Software magazine's Software 500, a ranking of the world's largest software and services companies. Identified as the number 200 company this year, QlikTech improved its ranking 23 spots with 48.1 percent growth.

"This recognition highlights the fact that the current economic climate actually works in the favor of a product like QlikView," said Lars Björk, CEO of QlikTech. "Because QlikView delivers effective analysis with rapid time-to-value and is so easy to implement and use that companies save on service and training costs, it's an easy purchase for customers to justify. The fact that in a few days we can deliver a functional application with customer data rather than just giving a demo and a promise goes a long way to prove our value."

About QlikTech

QlikTech is the world's fastest-growing business intelligence (BI) company. Its flagship QlikView product delivers instant business answers, enabling users to easily explore their data without limits. Unlike traditional BI, QlikView delivers immediate value with payback measured in days or weeks rather than months, years, or not at all. It is the only BI offering that can be deployed on premise, in the cloud, or on a laptop or mobile device--from a single user to the largest global enterprise.

Through QlikView's disruptive, in-memory associative approach, business users have experienced unprecedented success and satisfaction, backed by its unique 30-day money-back guarantee. QlikTech has more than 12,000 customers in 95 countries and over 800 partners worldwide. For more information, please visit

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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