Because of the complication of having multiple technology platforms, it was at times arcane to quickly get critical data to make efficient business decisions
Radnor, PA (PRWEB) April 1, 2009
QlikTech, the world's fastest-growing Business Intelligence (BI) software company, today announced that its customer, The Spring Air Company(Spring Air), is a winner of the 2009 Progressive Manufacturing 100 (PM100) Awards, presented by Managing Automation Media, a Thomas Publishing Company, LLC publication.
Spring Air, one of the nation's largest mattress manufacturers, was named to the PM100 for its QlikView Business Intelligence initiative. In less than a month of using QlikView analysis to guide management decisions, Spring Air had realized a complete return on its investment. The company acquired over $10 million in new business and reduced its estimated annual costs for business intelligence and management reporting by more than $1 million in its first two months of leveraging the power of QlikView across the enterprise. Spring Air tapped QlikView analysis to provide senior management with real time data to improve business decisions across its nine manufacturing facilities and departments -- ranging from Finance to Sales & Marketing and Product Quality.
"Because of the complication of having multiple technology platforms, it was at times arcane to quickly get critical data to make efficient business decisions," said acting CEO Steve Cumbow. "With QlikView, we now know what's going on with our products and customers. We can see where money is made and where not, and make adjustments accordingly. From a company performance perspective, the payback of our initiative will continue to grow exponentially."
Judged by an independent panel of publication management, industry analysts, industry executive and past winning companies, the PM100 recognizes 100 projects that have achieved distinction in at least one of the eight core disciplines critical to business success in the years ahead. Spring Air and the other PM100 winners will be honored and presented with their awards at the Progressive Manufacturing Awards Gala to be held on the last day of the Progressive Manufacturing Summit 2009: Redefining the Business of Manufacturing in Turbulent Economic Times, June 9-11, at the Ritz-Carlton in Sarasota, Fla.
"We congratulate Spring Air on its selection as a PM100 winner and recognition as an innovative manufacturer," said Bob Langer, president of QlikTech Americas. "In these challenging times, moving beyond traditional BI and the typical 'waiting game' for informational insights enables companies like Spring Air to proactively optimize performance, capture opportunities and increase market share on a daily basis."
David R. Broussell, editor-in-chief of Managing Automation Media, commented, "In the face of one of the worst economic downturns in history, these winning companies dramatically underscore how the manufacturing industry will not only get through this period, but emerge in an even stronger position once a recovery takes hold. The projects that enabled these companies to become PM100 winners reflect great creativity and inventiveness, a determined willingness to take risk, and an enduring resilience to continually improve every aspect of their business. These companies are leading the way to a better future for all industry."
QlikTech is the Business Answers company. Its flagship product, QlikView, enables organizations of all sizes to unlock the value of their data to make better decisions that improve business results. Unlike traditional BI solutions, QlikView delivers immediate value with payback measured in days or weeks rather than months, years, or not at all. Through QlikView's disruptive, in-memory associative approach, business users have experienced unprecedented success and satisfaction. QlikTech is the only company in this market that offers a 30-day money-back guarantee. QlikTech grew by 50% in 2008 and has more than 10,500 customers in 92 countries and over 875 partners worldwide. For more information, please visit http://www.qlikview.com.
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