Qlik announced the acquisition of Big Squid, a leading provider of no-code automated machine learning (AutoML), to expand data and analytics teams’ ability to leverage advanced augmented analytics capabilities such as key driver analysis, predictive analytics and what-if scenario planning with APIdeployable AI models for on-demand predictions directly within Qlik.
Acquiring Big Squid further advances Qlik’s vision of Active Intelligence, where technology and processes trigger immediate action from real-time, up-to-date and trusted data to accelerate business value across the entire data and analytics supply chain.
Mike Capone, CEO of Qlik, said:
“Data and analytics teams know there’s incredible untapped potential to use data to predict and plan what will happen. What they lack is the resources and modeling expertise to discover and deliver the insights that fuel those efforts.”
“With Big Squid’s SaaS no-code AutoML capabilities, teams will be able to seamlessly and easily augment their analytics efforts directly within Qlik with AI-driven models that deliver unique insights for timely planning and action when it matters most.”
Big Squid enables data and analytics teams with no-code AI-generated insights through trusted models directly in existing analytics efforts, helping to create better understanding of key business drivers and expand the ability to predict potential scenarios and plan more effectively for the unplanned. Integrating into a complete platform for Active Intelligence, Big Squid will help customers more easily answer deeper questions regardless of the underlying data source.
Big Squid will bring immediate value to both on-premises customers and as part of Qlik Cloud, where Qlik will continue to support AutoMLfor a wide variety of data sources (including Google, Microsoft and Snowflake). Big Squid will also help those customers modernise their analytics with Qlik Cloud by delivering even more capabilities that will help analytics users of all skill levels create and leverage actionable insights.
