REDWOOD CITY, CA--(Marketwired - Jan 5, 2016) - Host Analytics, the leader in cloud-based enterprise performance management (EPM), today announced that Blue Hill Research, a research and advisory firm focused specifically on the enterprise technology market, has recognized the Host Analytics Cloud EPM Suite as a true cloud-based, enterprise-grade performance management solution.
In Blue Hill Research's comprehensive True Cloud-Based Enterprise-Grade Performance Management report, the firm cites the need for more-agile-than-ever business finance tools in the face of fast-changing financial, technical and compliance requirements. According to report author and Chief Research Officer Hyoun Park, the Host Analytics Cloud EPM Suite meets the needs of modern enterprise organizations in various ways.
"Host Analytics met Blue Hill's criteria for being a true cloud-based performance management solution based on its native multi-tenant cloud approach and commercial success in the enterprise market, including significant wins against key competitors," said Park. "Demand for Host Analytics Modeling was a significant driver in 2015, and we expect these capabilities to continue to be attractive for leading enterprises in 2016."
Host Analytics Modeling brings together finance and operations teams by closely linking operational models with financial plans and forecasts. Offering secure Excel, web and mobile user interfaces, Host Analytics Modeling allows users to perform advanced modeling on large volumes of data by creating what-if scenarios and adding members and calculations on the fly in their own environments. These features enable organizations to unite their financial and operational planning to better anticipate business outcomes and inform financial plans.
"We're very pleased with both Blue Hill Research's recognition of the Host Analytics Cloud EPM Suite as a valuable solution for large enterprises and the importance they've placed on financial modeling capabilities as a whole," said John O'Rourke, Vice President of Product Marketing at Host Analytics. "Our market momentum speaks to our commitment to steadily innovate around our cloud-based EPM suite to meet the new needs of modern Finance organizations. Blue Hill Research's latest findings and report confirms that commitment."
Download a full version of Blue Hill Research's True Cloud-Based Enterprise-Grade Performance Management report here: http://bluehillresearch.com/true-cloud-based-enterprise-grade-performance-management/
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About Host Analytics
Host Analytics is the leader in cloud-based enterprise performance management (EPM), offering a suite of financial applications for modeling, planning, consolidation, reporting and analytics. World-class companies like NEC, Burlington Coat Factory and Sanmina trust Host Analytics to power their strategic financial systems. Host Analytics is a fast-growing, private company backed by leading venture capitalists and is headquartered in Silicon Valley with customers in over 90 countries.
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Contact Information:
Media Contact
Jason "JT" Tidwell
jtidwell@hostanalytics.com
Host Analytics
+1 650 264 7509