target audience: TECH SUPPLIER Publication date: Feb 2024 - Document type: Market Note - Doc Document number: # EUR251877124
Qlik Furthers Its Analytics Expertise via Kyndi and Mozaic Data Acquisitions
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Abstract
This IDC Market Note delves into the strategic initiatives undertaken by Qlik to maintain a competitive edge in the rapidly evolving landscape of generative AI. First, it highlights how acquisitions serve as strategic maneuvers for Qlik to outpace competitors in the GenAI race, ensuring access to cutting-edge technologies and talent.
Second, the study emphasizes the pivotal role of unstructured data management in augmenting generative AI capabilities. Looking forward, the report forecasts that an integrated approach, encompassing strategic acquisitions, the adept management of unstructured data, and innovative offerings, will be imperative for Qlik to solidify its position as a frontrunner in the GenAI era.
Recognizing the significance of decentralized data management and adopting a data-as-a-product approach have emerged as critical strategies in enabling Qlik to work with any data-driven organization that seeks to realize its full potential.