The deal underscores the fact that more on-premise operational systems are being replaced by cloud services, especially at the enterprise level. The acquisition of the QVSource tool also is intended to make it easier to feed external and internal data in the Qlik’s visual analytics platform, the company said. The interface is designed to make it easier to communicate with a growing number of data sources and online services along with on-premise databases, applications and spreadsheets. The company noted that customers for its visual analytics platform increasingly require a single means of connecting to cloud-based services such as Google Analytics or. Qlik said the acquisition would help boost the return on investment in its visual analytics platform “by enabling customers to quickly setup and include data from cloud-based sources….” It also connects user to cloud-based applications such as Microsoft Dynamics CRM and SugarCRM. The QVSource tool provides more than 40 connectors to specific applications used with web-based services such as Facebook (NASDAQ: FB), Google (NASDAQ: GOOGL) and Twitter (NYSE: TWTR). Industrial CodeBox and Qlik have been partners since 2011. Terms of the transaction were not disclosed. Orlando-based Qlik (NASDAQ: QLIK) also said the startup’s QVSource tool can integrate software-as-a-service applications along with web-based APIs into it analytics platform. The latest example comes from visual analytics vendor Qlik, which announced Monday (May 2) it is acquiring technology partner Industrial CodeBox, developer of a tool used to feed data from cloud sources such a social media into their analytics applications. As more users shift their analytics operations to cloud platforms, larger analytics vendors are eyeing startups providing them with quick access to emerging capabilities that can help plug gaps in their technology portfolios.
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