Qlik Expands AI Capabilities Through Acquisition of Kyndi for Enhanced Business Results

Global data integration and analytics leader, Qlik, has acquired key intellectual property from Kyndi, specializing in natural language processing and generative AI. This strategic move aims to revolutionize how organizations handle unstructured data, combining Qlik’s structured data expertise with Kyndi’s innovative technologies. Kyndi’s CEO and AI experts will join Qlik, marking a significant step in delivering precise answers to complex business questions. The acquisition addresses challenges in existing answer engines, enabling Qlik to provide innovative solutions for managing answers and unlocking insights from diverse data sources. The incorporation of Kyndi’s technology into Qlik’s cloud solutions strengthens decision intelligence, fostering trust, consistency, and adherence to governance standards. The move positions Qlik as a transformative market leader in AI-driven analytics. Future product announcements are anticipated at Qlik Connect in June 2024, further solidifying Qlik’s leadership in Generative AI.