RADNOR, Pa.--(BUSINESS WIRE)--QlikTech, the world’s leading provider of in-memory analysis and reporting solutions, announced today that QlikView, the company’s flagship business intelligence product, earned the ‘Best Midmarket Software Solution’ award at the annual Gartner Midsize Enterprise Summit East, a business-intensive event held for senior IT executives last month in Atlanta. With more than 300 attendees eligible to nominate and vote for the winners, QlikView was selected from among 32 solutions on showcase at the event.

The honor builds on ever-growing recognition for QlikTech and its revolutionary product. Last month, QlikTech captured the Red Herring 100 Award, which recognizes the most innovative privately-held technology companies. For its demonstration of financial viability and market adoption with customers, QlikTech was also selected in May as one of six “Fast Track” innovators at the annual Software 2007 event. In April, the Sand Hill Group recognized QlikTech as one of the 25 most innovative players in the software industry. In January, Gartner positioned QlikTech in the “visionaries” quadrant in its Magic Quadrant for Business Intelligence Platforms1. , Industry analyst IDC named QlikTech as the fastest growing BI software company in the world for the third year in a row in late 2006.

“We are honored to be recognized for our technology innovation and ability to deliver a powerful solution that is affordable and easy to use for midsize organizations,” remarked Rick Pitts, President and CEO of QlikTech North America. “This year has been an exciting one for our customers, our partners and our company. We believe this recognition reflects what we're seeing in the market – an increased appetite for simple, powerful business analysis.”

During the two-day Midsize Enterprise Summit, QlikTech participated in nine 30-minute boardroom presentations with Steve Hunt, CIO of federal government consulting company SI International (NASDAQ: SINT), sharing his company’s experience with QlikView. More than 150 event attendees participated in the SI International sessions.

“On a Sunday afternoon, I downloaded the free trial version of QlikView and, without any training, built an intuitive application that pulled data from 18 of my departmental budgeting and forecasting spreadsheets. In just three hours, I was analyzing my organization in a way that, in the past, was only possible in my dreams,” Hunt explained in one of the sessions. “The sky is the limit in terms of data analysis with QlikView, which is exceptionally simple when compared to traditional OLAP solutions. The hardest part was understanding our own internal data. The software is the easy part.”

In addition to winning the Best Midmarket Software Solution award, QlikTech was nominated by attendees for ‘Best Execution of a Software Solution’. At last year’s Midsize Enterprise Summit East, QlikTech was awarded ‘Best Execution of a Midmarket IT Solution’. The Midsize Enterprise Summit is produced by Vision Events, a division of Gartner, Inc (NYSE: IT).

QlikTech is leading a new class of easy-to-use, fast and flexible business analysis solutions that empower individuals to improve corporate performance and drive innovation. QlikTech’s flagship product, QlikView, extends the company’s vision of simplifying business analysis, offering solutions that can be deployed in days, where users can be trained in minutes, and where end users have the freedom to be more creative in their analyses. Last month, QlikTech launched QlikView 8, which builds on the power and simplicity of QlikView 7 in the areas of mass user deployment, mass document deployment, actionable analytics and collaborative analytics.

About QlikTech

QlikTech, the global leader in next-generation business intelligence solutions, offers sophisticated in-memory analysis and reporting solutions for enterprise and individual customers. QlikTech supports an open information architecture, where business information is broadly, affordably and quickly available to those who need it. QlikTech’s flagship product, QlikView, uses next-generation patented in-memory association technology to make sophisticated analysis dramatically easier to deploy, use and maintain. QlikView’s click driven, visually interactive interface is simple for end users to learn and use.

QlikTech is the world’s fastest growing business intelligence software company with more than 5,992 customers in 74 countries and is adding more than 11.9 new customers each working day. In addition to thousands of small and midsized companies, QlikTech’s customers include large corporations such as Tetra Pak, Deutsche Telekom, Reuters, 3M, Colonial Supplemental Insurance, and BMW. QlikTech is privately held and venture backed by Accel Partners, Jerusalem Venture Partners, and Industrifonden. Founded in Sweden, QlikTech is headquartered in Radnor, Pennsylvania, has subsidiaries in the United Kingdom, Germany, Netherlands, and Scandinavia. More than 500 companies around the world partner with QlikTech. For more information on QlikView, please call 1-888-828-9768 or visit www.QlikTech.com.

About Midsize Enterprise Summit

Midsize Enterprise Summit brings Senior IT Executives from midsize businesses together with Gartner Analysts, and leading and emerging Technology providers. The focus-enabling strategic IT Decision-Making-embraces midmarket-specific issues, trends and solutions from a horizontal and vertical industry-specific perspective. The business-intensive format includes Gartner-led sessions, Technology Provider-led World Premiere and Private Boardroom Appointments, a Showcase of Exhibits, and networking functions.

About Vision Events

Vision Events, a division of Gartner, Inc (NYSE: IT), is a leading producer of highly focused business events that bring resellers and end users together with leading and emerging technology providers in a private boardroom appointments to form strategic partnerships and secure new business in the technology sector. Additional information about Vision Events can be found at visionevents.com.

About the Magic Quadrant

The Gartner Magic Quadrant is copyrighted January 2007 by Gartner, Inc., and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

1. Gartner, Inc., "Magic Quadrant for Business Intelligence Platforms" by Kurt Schlegel, Bill Hostmann, and Adreas Bitterer, January 26, 2007.