Qlik, a leader in data analytics, announced that it has secured its latest patent for Qlik Data Catalyst that’s focused on the product’s innovative capabilities in data management using a metadata repository.
The company envisions a data-literate world, where everyone can use data to improve decision-making and solve their most challenging problems. Hence, Qlik offers end-to-end, real-time data integration and analytics solutions that help organizations access and transform all their data into value.
Qlik’s latest patent uniquely combines data processing, metadata catalog and self-service shopping in one product with Qlik Data Catalyst and is one of a series of patents related to innovations in data management and analysis awarded to Qlik’s R&D team in 2019. Qlik’s patents showcase the company’s decades-long commitment to continual innovation in data and analytics that help businesses see more deeply into customer behavior, reinvent business processes, discover new revenue streams, and balance risk and reward.
As organizations are democratizing data for wider use and value, problems arise when it comes to organizing and vetting data quality, analytics-readiness for governance, as well as achieving the appropriate distribution. Historically this has been managed manually by IT with the help of ETL tools and custom code. This approach is highly limiting in a world where data resides in multiple places and has multiple uses across the organization.
Being able to execute a data management strategy, enabled by a metadata rich repository like Qlik Data Catalyst, facilitates a new paradigm of data collaboration between business analysts and IT. Analysts can see a full picture of data lineage, while IT can track its usage and value over time.
As recognized in the patent, Qlik Data Catalyst uses these data insights to automate the creation and management of intelligent data pipelines to dramatically improve data delivery speed and productivity.
“Qlik Data Catalyst is designed to help organizations manage their data lifecycle from raw inputs to analytics-ready information in order to democratize data access in a governed and scalable way. Enabling enterprise data consumers to have a trusted location to access and leverage data for analytics is crucial to enterprise performance”, Paul Barth, Managing Director Enterprise Data Management at Qlik says.
When Qlik Data Catalyst is then combined with the real-time data integration capabilities of Attunity, IT can scale data access across the entire organization, knowing the data is vetted, trusted and governed.
The company steadily increased its investment in R&D towards innovative solutions for the changing nature of analytics and data management . With six patents awarded to date in 2019, and a robust pipeline for pending patents around next generation data management and analysis capabilities likely to be awarded in 2020, Qlik is continually demonstrating its commitment to innovation. (Source: Qlik)