In a recent announcement, Qlik® has confirmed the successful completion of its acquisition of Talend, a move aimed at expanding the company’s top-tier offerings for accessing, transforming, trusting, analyzing, and leveraging data in today’s modern business landscape.
Under the leadership of CEO Mike Capone, the newly combined entity marks an important milestone in Qlik’s strategic vision to deliver unparalleled solutions in data integration, data quality, and analytics.
According to Mike Capone, the CEO of Qlik, the collaboration between Qlik and Talend will yield significant advantages for customers, including an expanded range of product offerings, enhanced support and services, as well as increased investments in innovation and research and development. Capone emphasized that by combining Qlik’s extensive expertise in data integration, analytics, artificial intelligence (AI), and machine learning with Talend’s advanced data integration and data quality solutions, customers will gain access to the most comprehensive solution available in the industry.
With the proliferation of data fragmentation from numerous sources and targets, organizations have been faced with the dilemma of choosing between incomplete legacy systems, cloud-based lock-in, or multiple disjointed solutions, all of which entail cost and innovation risks. Qlik, through its acquisition of Talend, aims to offer a fresh approach by providing a comprehensive suite of best-in-class capabilities. This approach will help customers eliminate technical debt and reduce costs while instilling confidence in the availability of trusted data for making critical decisions in a timely manner.
Mike Leone, Principal Analyst for Analytics and AI at Enterprise Strategy Group, expressed enthusiasm for the collaboration, stating that the synergy between Qlik and Talend will enable customers to reap the benefits of data and analytics throughout their digital transformation journeys. He emphasized that the joint efforts of the two market-leading companies will help establish trust within the data ecosystem, encompassing not only the data itself but also the processes and people involved. Leone believes that the combination of Qlik’s existing presence in the data integration realm with Talend’s capabilities will result in stronger data integration and governance, ultimately delivering the confidence and trust that customers desire.
The solutions offered by Qlik and Talend are complementary and extend capabilities in critical areas such as data quality, transformation, application connectivity, and API services. Importantly, Qlik remains committed to being open to virtually any data source, target, architecture, or methodology, ensuring that customers always have access to the data they require, precisely when they need it.
The consolidated entity has already garnered a leading position across multiple market categories. Talend, recognized by Gartner as a leader in the Magic Quadrant for Data Integration Tools for seven consecutive years, has also been acknowledged as a leader in the Magic Quadrant for Data Quality Solutions for five years in a row. Qlik, on the other hand, has secured a leadership position in the Magic Quadrant for Analytics and Business Intelligence Platforms for an impressive 13 consecutive years. Additionally, Qlik was named a leader in the IDC MarketScape: U.S. Business Intelligence and Analytics Platforms 2022 Vendor Assessment.
With the successful acquisition of Talend, Qlik is poised to revolutionize the way enterprises access, integrate, and analyze their data, reinforcing its commitment to empowering organizations in the age of digital transformation.
