SOURCE: Birst

Birst

January 25, 2011 10:00 ET

Birst Concludes Year of Record Growth, Looks to Continued Acceleration in 2011

Leading SaaS BI Provider Triples Subscription Revenue and Surpasses 100 Paying Customers in 2010

SAN FRANCISCO, CA--(Marketwire - January 25, 2011) - Following a series of major customer, product, and company milestones, Birst further established itself as the clear leader in the Software-as-a-Service business intelligence (SaaS BI) category with significant growth across all areas of its business.

Overwhelming customer momentum in 2010

In the past 12 months, Birst has experienced rapid revenue and customer growth. Birst tripled subscription revenue and announced more customers than any other SaaS BI solution provider in 2010. These companies spanned multiple industries, including financial services, high tech, life sciences, manufacturing, retail, and publishing, and included leading companies, such as Citrix Systems, DemandTec, PeopleAnswers, and EMT Partners. With the rapid expansion of its customer base, Birst surpassed one hundred revenue generating customers and more than 35,000 licensed users.

Over 10 terabytes of data now analyzed in Birst via over 200,000 reports

In 2010, the amount of customer data analyzed in Birst crossed the 10 terabyte mark, with several customer deployments reaching terabyte scale, demonstrating the industrial strength scalability of the solution Birst customers analyze this data via more than 200,000 highly-interactive reports and dashboards that update automatically with every data load.

Birst customers see real business results

An investment in Birst yields real business results. Customers using Birst for sales analytics, for example, see a 28% increase in lead to opportunity conversion rate and a 22% increase in average deal size, performance that has a direct impact on revenue and profitability.

The most comprehensive business intelligence solution available

In 2010, Birst launched several major updates to the solution and set the pace for innovation in the SaaS BI category. These releases introduced high-demand features such as mobile business intelligence, concurrent user pricing, collaboration, and multi-level mapping. Birst offers the most comprehensive, integrated business intelligence solution in the market. Its solution combines ETL, data warehousing, analytics engine, and reporting engine in one platform, which allows customers to deploy quickly, update easily, and rapidly extend to all reaches of their organization. Rather than having to configure and integrate multiple BI components on their own, Birst customers have a single, unified platform from one vendor. The result is unprecedented speed, agility, power, and time to value. The total cost of ownership of Birst is only 1/3rd that of traditional on-premise business intelligence solutions.

"2010 was a year of fantastic growth for Birst, and we expect that to accelerate in 2011," said Brad Peters, CEO of Birst. "We are honored to be delivering such value to our customers, helping them to finally get the insight that they need to drive their business, quickly, easily, and affordably."

About Birst
Birst is the SaaS Business Intelligence leader that accelerates business results by deploying fast, powerful, and agile business intelligence solutions for its customers. Birst overcomes the traditional cost, complexity, and performance barriers of business intelligence with rapid, flexible, affordable solutions that simultaneously improve the reach and power of analysis in an organization. Birst solutions are accessible from any Internet-connected device with a modern browser, feature high levels of security, such as SAS-70 Type II certification, and are highly scalable. For more information, visit www.birst.com.

Contact Information

  • For more information, contact:
    Barbara Lewis
    Birst
    Email Contact
    (415) 644-5400