Qlik Acquires Mozaic Data
This week, Qlik has announced their acquisition of Mozaic Data (Mozaic), an innovative AI-driven data management technology, self-described as a ‘Data Product Experience Platform’. Qlik acquires Mozaic Data in time for the new year and to make an impact in 2024. The acquisition of Mozaic will simplify data handling for businesses. By focusing on a data product-oriented approach it will lead to better data quality and governance.
What is Mozaic Data?
Mozaic Data Composer, is a category-defining Data Product Experience platform. Powered by cutting-edge GenAI technology, this platform empowers domain data teams to easily compose, activate, and manage data products, fostering seamless multi-modal consumption encompassing SQL, APIs, File, Event, and Chat interfaces. Data Composer enables the secure and governed creation of data products sourced from centralised platforms. Platforms such as Snowflake, Big Query, Databricks Delta Lake, and S3.
Mozaicās innovative Data Product Experience approach. This approach will follow the principles of decentralised architecture. Mozaic enabled organisations to build, secure, govern, deploy, and manage domain-centric data products in the cloud. These data products are discoverable through a data product marketplace, and are accessible through a broad spectrum of consumption patterns, which will enable diverse business use cases.
Why manage data as a product?
Integrating Mozaic into Qlik’s portfolio will bring a transformative approach to managing data as a product. In fact, according to the Harvard Business Review: treating data as a product can speed up the implementation of new use cases by 90%. Additionally the approach could reduce total cost of ownership by 30%.
This acquisition will accelerate data deployment and utilisation across enterprises. This is especially true in cloud platforms such as Amazon Redshift, Databricks, Google BigQuery, Microsoft Fabric and Snowflake.
What does the Mozaic Data acquisition mean for Qlik?
Following the Mozaic Data acquisition, Qlik reinforces its commitment to providing end-to-end data solutions, seamlessly integrating Mozaicās technology to enhance the overall data consumption experience for businesses.
“Organizations are increasingly seeking to create domain-centric data products that transcend data integration and quality. There’s an elevated expectation within the industry. 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.”
Stewart Bond, Vice President, Data Intelligence and Integration Software at IDC
Sharad Kumar joins Qlik
Sharad Kumar, founder of Mozaic, has joined Qlik as the Regional Head of Data Integration and Quality. His expertise will further enhance Qlik’s innovative capabilities. This will start with the development of a next-generation Data Product Catalog solution. As a result customers can extract more value from their data quickly and effectively.
“Joining Qlik is a significant milestone for Mozaic Data. We share a vision to improve data consumption by maximizing value from data investments. This is an opportunity to advance the efficiency and innovation in data management driven by AI, integrating seamlessly with Qlik’s upcoming projects.”
Sharad Kumar, founder of Mozaic Data
“The acquisition of Mozaic and Sharad’s expertise is a pivotal step in reshaping the data landscape, and is a significant contribution to our ongoing work for 2024. Ā Customers recognize the importance of treating data as a productāa strategy that aligns with the need for a SaaS-based Data Product Catalog, offering a more efficient and user-friendly experience in data lifecycle management, while also reinforcing a solid foundation for AI-driven data management.”
Drew Clarke, General Manager, Data Business Unit at Qlik
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