Qlik and Mozaic combine their expertise to deliver greater business value through a Data Product Catalog experience with a SaaS solution
Qlik , a leader in data integration and analysis, announces the acquisition of Mozaic Data (Mozaic), an innovative data management technology driven by Artificial Intelligence (AI). This strategic acquisition marks a step forward in simplifying enterprises’ data handling, focusing on a data product-driven approach to improving data quality and governance.
Integrating Mozaic into the Qlik portfolio brings a transformative approach to managing data as a product. “Enterprises are increasingly looking to create domain-centric data products that transcend integration and data quality. There is great expectation in the industry,” says Stewart Bond , Vice President of Data Intelligence and Integration Software at IDC . “The focus of Qlik’s data quality and governance offerings to embody the concept of data products highlights a maturity that resonates with today’s customer needs.”
Sharad Kumar , Founder of Mozaic, joins Qlik as Regional Director of Data Integration and Quality. His expertise will further enhance Qlik’s innovative capabilities, aiming to develop a next-generation Data Product Catalog solution and enable customers to extract more value from their data quickly and effectively.
For Drew Clarke , General Manager of Qlik’s Data Business Unit, “the acquisition of Mozaic and Sharad Kumar ‘s expertise represents a key step in reshaping the data landscape and a significant contribution to our ongoing work to 2024. Customers recognize the importance of treating data as a product – a strategy that aligns with the need for a SaaS-based Data Product Catalog, offering a more efficient and user-friendly experience in managing the data lifecycle, as well as reinforcing a solid foundation for information management driven by Artificial Intelligence.
Mozaic’s innovative Data Product Experience approach is designed following decentralized architecture principles. Mozaic enables organizations to create, secure, govern, deploy and manage domain-centric data products in the cloud. These data products can be discovered through a data product marketplace and accessed across a broad spectrum of consumption patterns, enabling diverse business use cases.
This acquisition should accelerate the implementation and use of data in companies, especially on Cloud platforms such as Amazon Redshift, Databricks, Google BigQuery, Microsoft Fabric and Snowflake. Harvard Business Review notes that treating data as a product can speed implementation of new use cases by 90% and reduce total cost of ownership by 30%.
Sharad Kumar comments: “Joining Qlik is a significant milestone for Mozaic Data. We share a vision to improve data consumption while maximizing the value of data investments. This is an opportunity to advance efficiency and innovation in data management data driven by AI, seamlessly integrating with upcoming Qlik projects.”
With this acquisition, Qlik reinforces its commitment to providing end-to-end data solutions by seamlessly integrating Mozaic technology to improve the overall data consumption experience for businesses.
SOURCE: PRNewswire
