REDWOOD CITY, CA--(Marketwire - October 13, 2010) - Host Analytics, the leading provider of on-demand corporate performance management (CPM) solutions, today announced recognition from leading research firm Aberdeen Group in a report that examined customer feedback of Host Analytics solutions. The report, titled "Achieving Enterprise Objectives: A Look at Host Analytics' Customer Performance," underscores the importance of using CPM tools to gain greater visibility into financial and operational performance and compares the level of objective achievements between Host Analytics' customers to those of the best-in-class companies.
The report reveals Host Analytics customers enjoy a "higher than best-in-class level of business performance in terms of profitability growth, budget accuracy, and on-time achievement of enterprise objectives," as well as providing customer success through "close alignment of staff, improved accountability, performance visibility and decision execution."
Additionally, the report cites Host Analytics solutions as outperforming competing best-in-class competitors in several categories, including year-over-year change in budget accuracy, year-over-year change in profitability and customer satisfaction. Further, while the best-in-class companies experienced a 23 percent year-over-year change in profitability, Host Analytics customers experienced a 33 percent year-over-year change in profitability.
"The success of our customers is a top priority for Host Analytics," said Jim Eberlin, founder and chief customer officer of Host Analytics. "Those that have used our solutions have become our greatest advocates -- not only because of the immediate benefits that our solutions provide for profit growth and budget accuracy, but also for our dedication to ensuring they make the most out of those benefits in the long run. This report shows that these goals are resonating with our customers. It is the ultimate validation to that point."
"In today's economic climate, ensuring the right business objectives are set and met can mean everything," said William Jan, Senior Analyst at the Aberdeen Group. "Planning, execution and visibility into performance information are crucial in meeting those goals. Having effective solutions to support these initiatives makes achieving such enterprise goals much easier, and customers can expect better alignment between predictions and outcomes."
The report from Aberdeen Group can be downloaded at: http://www.hostanalytics.com/Files/White%20Papers/aberdeen_wp-09-30-10.pdf
About Host Analytics
The Host Analytics Decision Platform™ reveals the full implications of decisions -- both risk and reward. As the industry's first on-demand corporate performance management (CPM) suite, Host Analytics improves budgeting, forecasting, financial consolidations, dashboarding, scorecarding, reporting and analysis to drive fact-based decisions for finance executives. Host Analytics serves midsize to large customer organizations including JP Morgan Chase, Procter & Gamble, Otis Spunkmeyer, Pitney Bowes and Red Roof Inn. Founded in 2000, Host Analytics was named among JMP Securities' Hot 100: The Best Privately Held Software Companies and the AlwaysOn OnDemand 100.
For additional information, visit http://www.hostanalytics.com/ or join the conversation at www.twitter.com/host_analytics.
Contact Information:
Contact Information:
Tami Casey
Kulesa Faul for Host Analytics
(650) 340-1984