TARGIT's History

TARGIT was founded in 1986, with CEO Morten Sandlykke as one of the founding partners. From the beginning, TARGIT developed and sold Business Management Systems, Business Intelligence and Data Warehouse solutions. While starting out as a software company providing applications to the retail and oil business, TARGIT quickly realized the overwhelming need for analytical processing tools that could help management in day-to-day decision-making.

Responding to the market needs, TARGIT decided to start development of a Business Intelligence tool based on the same basic ideas of usability, versatility and ease of implementation that has always been a TARGIT trademark. In October 2000, the company was reorganized, with the non-BI businesses being sold; the "new" TARGIT A/S is a pure business intelligence company that markets only the Business Intelligence product line.

The first version of the TARGIT Business Intelligence technology was launched during spring of 1996. TARGIT BI Suite 2K8, released in April 2008, is the eleventh release since the initial launch. The core technology of TARGIT Business Intelligence is protected by several international patents.