QlikTech Presented 2011 North American Technology Innovation Award in Health Data Analytics;
Underscores Value QlikView Delivers to Address Challenging Regulatory Environment
RADNOR, Pa.--(BUSINESS WIRE)-- QlikTech, (NASDAQ: QLIK) a leader in Business Discovery – user-driven Business Intelligence (BI), today announced that Frost & Sullivan recognized the QlikView Business Discovery platform with the 2011 North American Technology Innovation Award in Health Data Analytics. Selection is based on several criteria such as innovative element of the product, value-added features and benefits, and increased customer return on investment (ROI).
This latest acknowledgment builds on the recent announcement of QlikView’s overall performance score of 91 out of 1001 in the August Business Intelligence report2 from KLAS, a healthcare-focused research firm. This momentum in the healthcare industry underscores QlikView’s ability to enable healthcare companies worldwide to transform mountains of data into actionable, real-time intelligence – a critical step in managing rising costs, addressing ever-changing regulatory requirements, and improving patient satisfaction. Through QlikView’s powerful information analysis, hundreds of healthcare providers such as Centerstone Research Institute (CRI), Children’s Hospital of Atlanta (CHOA), Sibley Heart Center Cardiology, and ThedaCare now have an integrated view of information to improve healthcare delivery.
Today, public and private healthcare providers struggle with operational visibility into information spread across their numerous clinical, financial, and resource planning systems. This inability to efficiently access, aggregate and explore data substantially contributes to mounting financial strains, patient wait times, resource constraints, and vulnerability to medical errors. QlikView brings unprecedented simplicity, flexibility, and scalability to such healthcare information challenges.
“Hospitals are focusing on deploying several types of new information systems in order to qualify for incentives and subsidies offered by the Patient Protection and Affordable Care Act (PPACA) as well as the Health Information Technology for Economic and Clinical Health Act (HITECH). As hospitals focus their efforts on meeting these criteria, their demand for additional IT software, including data analytics applications, will grow considerably,” said Nancy Fabozzi, Senior Industry Analyst, at Frost & Sullivan. “QlikTech combines innovation with simplicity, thereby giving it an edge over rival data analytics vendors. We firmly believe that it can help the growing number of hospitals that are extending the implementation and utilization of analytics in order to improve quality of care, drive operational efficiencies, and help mitigate costly complications.”
“Healthcare providers are facing turbulent market dynamics: increasing demands of aging populations, more accountability for patient quality and safety, shifts in insurance coverage, and increasing regulatory pressure to show meaningful use of technology to drive improvements in patient outcomes. Timely, error-free information is critical to overcome these challenges,” said Ellen Derrico, Director Global Market Development, Life Sciences & Healthcare at QlikTech. “QlikView’s differentiation is its ability to deliver the simplicity users need to interact with data, and generate new insights which lead to improved healthcare delivery, and ultimately, improved patient outcomes. Receiving this recognition from Frost & Sullivan is a testament to the more than 500 healthcare providers globally that have turned to QlikView to overcome their information challenges.”
Frost & Sullivan Best Practices Awards, including the 2011 North American Technology Innovation Award, recognize companies in a variety of regional and global markets. Industry analysts 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 more approximately 22,000 customers in over 100 countries.
QlikTech and QlikView are trademarks or registered trademarks of QlikTech or its subsidiaries in the U.S. and other countries. Other company names, product names and company logos mentioned herein are the trademarks, or registered trademarks of their respective owners.
1 Because KLAS defines QlikView as an “early-data solution” in the healthcare industry, it did not meet the minimum KLASKonfidence levels to be ranked in this report. KLAS does not use the term Konfidence to apply to KLAS’ trust or reliance in the vendor’s product. A KLASKonfidence level defines the range in the number of organizations that have evaluated a given vendor, product, or service.
2 August 2011 “Business Intelligence: Making Cents of Performance,” © 2011 KLAS Enterprises, LLC. All rights reserved. www.KLASresearch.com.
Amanda Keane, 617-520-7260
KEYWORDS: United States North America Pennsylvania
INDUSTRY KEYWORDS: Technology Data Management Software Practice Management Health Hospitals Other Health Managed Care