Can Qlik Weather the Storm in Transitioning from Premises to Cloud?

B. Shimmin
B. Shimmin

Summary Bullets:

• As with many pure play software vendors reared on the slow but steady revenue stream of on-premises perpetual licensing, Qlik knows it must make the transition to the cloud.

• Now that the firm’s sale to Thoma Bravo is complete, Qlik is using hopeful that its newfound stature as a private company will allow the freedom necessary to endure short term disruptions in favor of long term benefits.

This week I had the pleasure of attending Qlik’s annual analyst meeting, the Qlik UnSummit, held in Miami Florida. Surprisingly, despite having endured a category four hurricane (Hurricane Matthew) just a fortnight earlier, local Miami businesses and beachgoers seemed entirely unchanged and unharmed by the storm (I know; I was there just prior to Matthew’s arrival). That’s the way forces of nature work. They are unpredictable in the extreme. You have to plan for and expect the worst all while hoping for the best, knowing that unseen and unknowable variables will ultimately decide the outcome. Continue reading “Can Qlik Weather the Storm in Transitioning from Premises to Cloud?”