REDWOOD CITY, CA--(Marketwired - Oct 24, 2016) - Host Analytics, the leader in cloud-based enterprise performance management (EPM), today announced a strong third quarter of 2016. Along with strong customer growth, the company was recognized as a leader by industry analysts at Gartner and Constellation Research. In addition, Host Analytics made significant enhancements to its EPM platform in the areas of performance and functionality, and won several industry awards.
Highlights of the third quarter:
New Customers: CFOs and financial executives across a variety of industries have chosen Host Analytics as their platform for driving enterprise performance. Some of the new customers joining Host Analytics include Bioclinica, Bose Corporation, ChannelAdvisor, iconectiv, and TissueTech, Inc.
Analyst Recognition: The company earned top scores as the only pure cloud-based EPM provider to appear in both Gartner reports, "Critical Capabilities for Strategic Corporate Performance Management Solutions, 2016"1 and "Critical Capabilities for Financial Corporate Performance Management Solutions, 2016."2 Additionally, Host Analytics was named to the Constellation ShortList™ for Cloud Based Performance Management.
Platform Enhancements: The Summer16 release of Host Analytics builds on the innovations and new features delivered in the Spring16 release. Improvements include an enhanced user experience, greater user productivity, and even more powerful reporting and analysis capabilities.
Awards: Host Analytics won the following five awards in the third quarter:
- "Industry Excellence Award" from Dresner Advisory Services recognizing Host Analytics as "Overall Leader" in the 2016 Wisdom of Crowds® Enterprise Planning Market Study.
- CIOReview: Ranked among the "20 Most Promising Corporate Finance Tech Solution Providers of 2016."
- Two Golden Bridge Awards: A Gold Award for "Company of the Year," and a Bronze Award to Host Analytics CEO Dave Kellogg for "Executive in the Year." Both awards were in the category of Cloud Computing/SaaS.
- Innovation Enterprise Group: "FP&A Tool of the Year," marking the company's third consecutive win in the category.
Future of Finance Tour: Host Analytics launched its one-day "Future of Finance" tour educational events, and drew strong attendance from senior finance professionals. Executive guest speakers on the tour featured Steve Player, managing director at consulting firm The Player Group and author of "Beyond Performance Management," professionals from Deloitte Advisory, and Brian Sommer, founder of Vital Analysis and contributing writer for technology news site ZDNet.
"Thanks to our industrial-strength enterprise performance management platform and to the hard work of our employees and partners, we delivered another strong performance in the third quarter," said Dave Kellogg, CEO of Host Analytics. "We thank the customers who joined the Host Analytics community in the third quarter and who are entrusting us with their success."
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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 processes. 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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1 Critical Capabilities for Strategic Corporate Performance Management Solutions, 2016" Christopher Iervolino, John E. Van Decker, 26 September 2016
2 "Critical Capabilities for Financial Corporate Performance Management Solutions, 2016" Christopher Iervolino, John E. Van Decker, 26 September 2016