Qlik announced the acquisition of NodeGraph, a customisable metadata management solution, helping expand its analytics data pipeline capabilities with interactive data lineage, impact analysis and governance, and drive “explainable BI.”
Acquiring NodeGraph 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, according to the vendor.
“As enterprises activate data and increase its use for real-time decision-making, it’s crucial that data be timely, trustworthy and consistent across the entire organisation,” said Mike Capone, CEO of Qlik. “NodeGraph’s interactive data lineage, impact analysis and governance capabilities make it crystal clear where data is coming from, how it was transformed and how trustworthy it is. This visibility provides every employee with confidence and trust in data, which is essential in creating a culture driven by Active Intelligence where data becomes part of every task.”
NodeGraph’s lineage and governance capabilities will expand Qlik’s ability to provide the data fabric that customers need to fully understand the data flowing through their analytics data pipelines — from source through transformation to use.
NodeGraph’s field level lineage on specific data elements and their transformations helps identify “gold-standard” calculations and shows exactly where important metrics and KPIs come from, driving the notion of “explainable BI” across multiple versions of the truth.
The open design of NodeGraph enables connectivity and lineage across a wide ecosystem of cloud platforms such as AWS, Google Cloud and Microsoft Azure, along with an entire range of analytics sources such as Qlik, SSIS, Snowflake, Microsoft Power BI and Tableau, which perfectly matches Qlik’s agnostic approach to data integration. The depth and breadth of understanding that’s possible with NodeGraph will help organisations confidently expand data and analytics access and modernise and migrate analytics to the cloud, according to the vendors.
When deployed as part of Qlik’s cloud platform, NodeGraph will further expand Qlik’s existing SaaS roadmap and bring new capabilities to Qlik’s catalog, including impact analysis, field level lineage, and personalised consumer user experience in areas of collaboration, cognitive, search, and relevancy scores on content leveraging data “popularity.” NodeGraph will also support Qlik’s hybrid data delivery strategy with lineage to enrich regulatory compliance requirements.
Terms of the deal are not being disclosed. Qlik is fully committed to supporting all existing NodeGraph customers and partners, many of whom are shared by Qlik. Qlik will integrate NodeGraph into its SaaS solution in the second half of 2021, with commercial monetisation beginning in Q4 2021.