Qlik (already known as QlikTech) was established in Lund, Sweden in 1993 as a product organization in business knowledge (BI).[1][non-essential source needed] Its PC-based work area device was called QuikView. "Quik" remained for "Quality, Understanding, Interaction, Knowledge." Initially the product was sold just in Sweden. [2]
In 1993, Swedish VC Industrifonden joined the organization as one of the principal institutional speculators. [3] Måns Hultman progressed toward becoming CEO in 2000 and Lars Björk moved toward becoming CFO. The organization concentrated on the region of Business Intelligence (BI), developing from 35 representatives in 1999 to 70 of every 2003. By then, QlikTech required more capital and a more extensive vision to proceed with its development. [relevant? – discuss], so a syndicate of existing financial specialists together with investment firms Accel Partners and Jerusalem Venture Partners (JVP) brought $12.5 million up in capital [4] [non-essential source needed]
Alex Ott of Accel and Erel Margalit of JVP concocted a development technique that brought about a 35% yearly development rate and $13 million in income by 2004.[5][non-essential source needed]
In 2005, the single-client work area apparatus was supplanted with a server-based web instrument. [6] Qlik built up organizations with Intel and HP, and consolidated diagrams and hues in their UI. Qlik clients incorporate DB Schenker, Dendrite, Ericsson, and the Swedish Post.
In 2007, Lars Björk turned into Qlik's CEO. The organization asserts a client base of 40,000 clients in 100 nations. [non-essential source needed] The organization held a first sale of stock in July 2010.
As of April 2011, the organization had a market capitalization over $2 billion.[non-essential source needed]
In 2013, the organization opened an office in Western Australia.
In August 2015, the organization extended its R&D tasks by opening an office in Ottawa, Ontario
In 1993, Swedish VC Industrifonden joined the organization as one of the principal institutional speculators. [3] Måns Hultman progressed toward becoming CEO in 2000 and Lars Björk moved toward becoming CFO. The organization concentrated on the region of Business Intelligence (BI), developing from 35 representatives in 1999 to 70 of every 2003. By then, QlikTech required more capital and a more extensive vision to proceed with its development. [relevant? – discuss], so a syndicate of existing financial specialists together with investment firms Accel Partners and Jerusalem Venture Partners (JVP) brought $12.5 million up in capital [4] [non-essential source needed]
Alex Ott of Accel and Erel Margalit of JVP concocted a development technique that brought about a 35% yearly development rate and $13 million in income by 2004.[5][non-essential source needed]
In 2005, the single-client work area apparatus was supplanted with a server-based web instrument. [6] Qlik built up organizations with Intel and HP, and consolidated diagrams and hues in their UI. Qlik clients incorporate DB Schenker, Dendrite, Ericsson, and the Swedish Post.
In 2007, Lars Björk turned into Qlik's CEO. The organization asserts a client base of 40,000 clients in 100 nations. [non-essential source needed] The organization held a first sale of stock in July 2010.
As of April 2011, the organization had a market capitalization over $2 billion.[non-essential source needed]
In 2013, the organization opened an office in Western Australia.
In August 2015, the organization extended its R&D tasks by opening an office in Ottawa, Ontario
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