Qlik improves 'explainable BI' with acquisition

Qlik improves 'explainable BI' with acquisition

Qlik.png

Qlik has extended its cloud analytics platform with the acquisition of NodeGraph, a metadata management solution that will help drive Qlik's “explainable BI” effort - to achieve a “higher level of visibility and trust in data”, it said.

Organisations are empowering more and more employees with data and analytics to fuel better and more timely decisions. As data from various sources spreads throughout the organisation, both IT and business leaders need to collaborate and continually ensure that data is trustworthy and being used in a consistent and correct way by everyone, Qlik said.

“As enterprises activate data and increase its use for real-time decision-making, it’s crucial that data be timely, trustworthy and consistent across the entire organisation,” said Mike Capone, CEO of Qlik.

“NodeGraph’s interactive data lineage, impact analysis and governance capabilities make it crystal clear where data is coming from, how it was transformed and how trustworthy it is,” said Capone.

“This visibility provides every employee with confidence and trust in data, which is essential in creating a culture driven by 'active intelligence' where data becomes part of every task.”

NodeGraph’s field level lineage on specific data elements and their transformations helps identify “gold-standard” calculations and shows exactly where important metrics and KPIs come from, Qlik said, driving “explainable BI” across multiple versions of the truth.

The open design of NodeGraph enables connectivity and lineage across a wide ecosystem of cloud platforms such as AWS, Google Cloud and Microsoft Azure, along with a range of analytics sources such as Qlik, SSIS, Snowflake, Microsoft Power BI and Tableau, which matches Qlik’s agnostic approach to data integration.

The value of the deal was not disclosed.

Gift this article