Paul Wahl, Former SAP and Siebel Systems Executive, Elected to Qliktech Board of Directors
QlikTech Significantly Enhances Industry Experience on its Board
LUND (SWEDEN), 8 (PRNewswire)
QlikTech Inc., leading provider of powerful and rapidly deployable business intelligence (BI), analysis and reporting applications, announced that Paul Wahl has been elected as a member of its board of directors. Wahl, previously an executive with SAP and Siebel Systems, brings deep industry and global business experience.
"QlikTech's board of directors is an important competitive advantage for us, and the addition of Paul Wahl extends the range of skills and experience we can rely on as we grow" said Måns Hultman, QlikTech's CEO. "Paul brings an independent voice, and a history of building great companies such as SAP and Siebel Systems."
The move to add Wahl to the board follows a US$12.5 million venture capital investment in the QlikTech by Accel Partners and Jerusalem Venture Partners. QlikTech has an unprecedented opportunity to capture significant market share in the business intelligence market globally because corporations face the need to grow despite increasing regulatory pressures. Faced with these pressures, organizations demand easy-to-use, non-intrusive access to compliance and performance metrics tracked in operational systems - QlikTech offers customers the fastest solution to this pressing challenge.
"Never before have I seen a BI solution which allows organizations to deploy rich analytical applications in a matter of days. QlikTech has thousands of customers who've done just that," added Wahl. "In speaking with QlikTech's customers, they are clearly passionate about the impact that deploying QlikView has had on their business. I am excited about the opportunity to join the team."
Wahl has held a number of senior executive roles in major enterprise software businesses and he brings extensive knowledge of global marketing and operations expansion to QlikTech. Those roles included president and COO of Siebel Systems, CEO of SAP America and executive vice president of SAP AG. Mr. Wahl currently serves on the Board of Directors at Agile Software and Intentia International AB.
About QlikTech
QlikTech is dedicated to simplifying business analysis. QlikTech's game-changing QlikView application is dramatically easier to deploy and use, inspiring fervent user adoption by business professionals who require it to run their organizations. QlikTech's patented technology allows instant, in memory, manipulation of massive datasets on low cost hardware, allowing affordable widespread deployment of highly sophisticated analytic applications in days. QlikView's click driven, visually interactive interface allows users to discover unanticipated insights hidden in operational systems with virtually no end-user training. QlikView has over 90,000 users at 1,500 customers in over 40 countries. In addition to hundreds of small and midsized companies, QlikTech's customers include large corporations such as AstraZeneca, Pfizer, Top Flite, London Fog, 3M, and The Campbell Soup Company. QlikTech is privately held and venture backed by Accel Partners, Jerusalem Venture Partners, and Industrifonden. Founded in Sweden, QlikTech has corporate headquarters in the United States, and subsidiaries in the United Kingdom, Germany, and Scandinavia, and over 100 partners across the world.
www.qliktech.com
Source: QlikTech Inc
Contact: Måns Hultman, CEO of QlikTech International, Tel: +46-46-286-27-48, mans.hultman@qliktech.com, www.qliktech.com
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