NEW YORK, NY and LONDON, UNITED KINGDOM--(Marketwired - Mar 10, 2014) - Information Builders, a leader in business intelligence (BI) and analytics, information integrity, and integration solutions, today announced that the company experienced record success in 2013. In addition to increasing customer wins by 20 percent and achieving record revenue, Information Builders was recognized for its market-leading solutions and superior customer service by numerous analyst and industry groups throughout the year.
The company is participating in the Gartner Business Intelligence and Analytics Summit being held in London, after Gartner Inc. last month positioned Information Builders in the Leaders Quadrant of the firm's "Magic Quadrant for Business Intelligence and Analytics Platforms."
Customer Momentum
Information Builders signed more than 100 new accounts in 2013, a 20 percent increase from the prior year. Many of these were over $1 million, underscoring that enterprise customers are increasingly selecting Information Builders to meet their needs for a fast, flexible BI platform. In addition to greatly expanding its enterprise customer base, the company continued to outperform the competition with a 77 percent win rate in competitive deals. Among the global accounts Information Builders signed or expanded in 2013 were two of the top three global payment processors, Portugal Telecom, Ford, Wendy's®, and State of Michigan. To learn more about the benefits these and other customers have experienced with Information Builders' solutions, please visit the company's YouTube channel.
Information Builders also significantly expanded its presence within existing customers by selling in new solutions and adapters. Sales of its enterprise search platform, WebFOCUS Magnify, and its embedded data store, WebFOCUS Hyperstage, grew by 69 percent and 68 percent, respectively. Information Builders also grew its predictive analytics business, increasing sales of WebFOCUS RStat and other predictive analytics solutions by 45 percent.
Product Innovation
Information Builders unveiled a number of new product enhancements in 2013. To help healthcare providers monitor operations and improve performance, the company launched its Healthcare Regulatory Metrics (HRM) solution. HRM allows companies to integrate regulatory reporting metrics within the organization, transforming the data into actionable insights that can inform business improvements. Information Builders also announced the availability of its Social Media Analytics solution, which helps organizations analyze social media conversations to optimize sales and marketing, product quality, and other customer-centric issues. Additional product innovations included:
- The launch of Information Builders' iWay 7 Information Asset Management Platform, designed to facilitate end-to-end management of data across all enterprise systems, processes, and stakeholders
- InfoApps™, a self-service BI offering that provides an "app store" experience with interactive, business-focused applications
Please visit Information Builders' website to learn more about these and other 2013 product enhancements.
Industry Recognition
Information Builders received numerous awards and accolades in 2013 for the strength of its solutions, its high-touch customer service, and the benefits that companies have experienced since implementing its products. The company's analyst recognition included its position in the Leader's Quadrant in Gartner's Magic Quadrant for Business Intelligence and Analytics Platforms; its ranking as a leader for the fourth consecutive year in Dresner Advisory Services Wisdom of Crowds® BI Market Study; and Ventana Research naming its iWay 7 Information Asset Management a winner in the firm's 2013 Technology Innovation Awards. Ventana recognized Information Builders' customer, OFS Brands, as the Overall IT Leader in the same awards for its success in re-engineering its reporting environment with the company's solutions. Additional highlights included:
- Customer Service Department of the Year in the 2013 American Business Awards
- Best Midmarket Strategy at the Midmarket CIO Forum
- Silver for Event of the Year in the 2013 Best in Biz Awards in recognition of Information Builders' annual Summit User Conference
"2013 was an incredible year for Information Builders," said Gerald Cohen, president and CEO of Information Builders. "In addition to enhancing our solutions and growing revenue, we experienced a 77 percent win rate in competitive deals. This demonstrates that customers are increasingly viewing us as the market leader for the entire spectrum of their BI needs, ranging from powerful analytical capabilities to self-service reporting for non-technical users. We look forward to building on last year's success throughout 2014 and in the years ahead."
Please visit Information Builders' website to learn more about our industry recognitions and 2013 product enhancements.
About Information Builders
Information Builders helps organizations transform data into business value. Our software solutions for business intelligence and analytics, integration, and data integrity empower people to make smarter decisions, strengthen customer relationships, and drive growth. Our dedication to customer success is unmatched in the industry. That's why tens of thousands of leading organizations rely on Information Builders to be their trusted partner. Founded in 1975, Information Builders is headquartered in New York, NY, with offices around the world, and remains one of the largest independent, privately held companies in the industry. Visit us at informationbuilders.com, follow us on Twitter at @infobldrs, like us on Facebook, and visit our LinkedIn page.