Based on its recent analysis of the health data analytics market, Frost & Sullivan recognizes QlikTech, Inc. with the 2011 North American Frost & Sullivan Award for Technology Innovation. QlikTech's user-centric Business Discovery platform is designed to bring traditional business intelligence and productivity applications together to help users identify various trends affecting enterprise performance. The platform facilitates access to analytics tools over a range of mobile devices, including tablets and smartphones.
From an overall organizational perspective, QlikTech's business intelligence tools support a variety of functional areas within a hospital, including financial operations, revenue cycle management, supply chain, resource planning, clinical operations, and executive decision-making. The Business Discovery platform enables user-driven analysis that can be implemented in days or weeks, allowing customers to gain timely access to advanced analytics.
"QlikView's Business Discovery platform works with a customer's existing business intelligence infrastructure and offers many new functions such as zero-wait analysis, mobility, and data remix-ability, hence enabling a collaborative environment among hospital decision-makers," said Frost & Sullivan Research Analyst, Nancy Fabozzi. "Furthermore, the solution features in-memory associative search technology that allows users to explore information freely rather than being confined to a predefined path of questions."
QlikTech's business intelligence solutions help organizational decision-makers identify and manage physician performance, improve organizational processes, and benchmark against peer organizations. The Business Discovery platform provides visual dashboards, associative search capabilities, and interactive analytics across numerous wired as well as mobile computing devices.
The QlikView portal enables users to generate operational intelligence and run administrative reports across wire line and mobile devices, further facilitating remote access to information for healthcare providers such as physicians.
QlikTech's solutions are designed to reduce hospitals' systems development, implementation, and maintenance costs, while improving patient outcomes. QlikTech partners with other vendors to enable market and sell its solutions to a wide range of healthcare providers. The partner programs help QlikTech to reach healthcare providers that may already have existing relationships with other healthcare IT providers but are interested in deploying QlikTech's products.
The QlikView Business Discovery platform leverages the company's patented, in-memory associative technology, which utilizes the latest advances in computing power to consolidate large, independent data sets across multiple operating units.
"QlikTech's QlikView Business Discovery platform is designed to meet the information needs of various administrative, clinical, financial and executive personnel," said Fabozzi. "QlikTech's solutions not only help providers monitor and improve operational performance, but their simplicity is likely to receive less end-user resistance."
Each year, Frost & Sullivan presents this award to the company that demonstrates uniqueness in developing a technology that significantly impacts both the functionality and the customer value of the new products and applications. The award lauds the relevance of the innovation to the industry.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
QlikTech (NASDAQ: QLIK) is a leader in Business Discovery — user-driven Business Intelligence (BI). QlikTech's powerful, accessible Business Discovery solution bridges the gap between traditional business intelligence solutions and standalone office productivity applications. Its QlikView Business Discovery platform enables intuitive user-driven analysis that can be implemented in days or weeks rather than months, years, or not at all. The in-memory associative search technology it pioneered allows users to explore information freely rather than being confined to a predefined path of questions. QlikView Business Discovery works with existing BI applications and adds new capabilities: insight for everyone, zero-wait analysis, mobility, an app–like model, remixability and reassembly, and a social and collaborative experience. Headquartered in Radnor, Pennsylvania, QlikTech has offices around the world serving approximately 22,000 customers in over 100 countries.
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