NEW YORK, NY--(Marketwired - Sep 1, 2016) - Information Builders, a leader in business intelligence (BI) and analytics, data integrity, and integration solutions, today announced that the company has been named the gold winner in the Best New Product of the Year - Enterprise category in the Best in Biz Awards 2016 International. Information Builders was recognized by the program, the only independent global business awards judged by members of the press and industry analysts, for its Omni-Gen™ product, which accelerates the value of master data management (MDM), data quality, and data integration implementations.
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Data quality, data warehousing, MDM, and other complex information management projects have historically been viewed as time and resource intensive and, as a result, many organizations are hesitant to implement them. Those that have embraced them often struggle to demonstrate their value, as projects can quickly become unwieldy and take longer to complete than anticipated.
Omni-Gen addresses these concerns by codifying and automating MDM processes that are usually implemented manually -- for example, data integration, cleansing, and mastering. Rather than spending months on development, the solution enables companies to develop the models and golden records needed for a result and then automatically generates the items needed to jumpstart the job. As business needs change, models can be altered and artifacts regenerated to support rapid, agile, iterative development. Because of this reduced cycle time, early adopters of Omni-Gen have reported that projects with an anticipated 18-month timeline have been completed in six months.
In addition to significantly reducing development cycles, Omni-Gen reduces the time to value of analytics. Users can easily create data marts, visualizations, and reports from the MDM model prior to the repository being fully populated, ensuring that analytics do not lag data availability.
Gregory Dorman, senior vice president and general manager, iWay, said:
"Omni-Gen provides an entirely new way of approaching MDM. With the platform, it's no longer a cumbersome process requiring significant time and monetary investments, but rather a project that can be easily implemented and quickly delivers results. This recognition by the Best in Biz Awards International validates that the industry recognizes the potential Omni-Gen has to revolutionize the market."
More than 270 public and private companies hailing from all sectors of the global economy from more than 30 countries competed in Best in Biz Awards' fourth annual International program. Best in Biz Awards 2016 International honors were once again presented in a range of categories, including Fastest-Growing Company of the Year, Most Innovative Company of the Year, Support Department of the Year, Most Innovative Product, Enterprise Product, and Consumer Product of the Year.
The award program's uniqueness stems, in part, from the composition of its judging panel. Only writers, journalists, and contributors to business, consumer, financial, trade, and technology publications, as well as broadcast outlets and analyst firms, are invited to serve as judges each year. Structured this way, Best in Biz Awards is able to leverage the experience and expertise of an influential group of global opinion-makers to determine award winners.
Visit the Best in Biz Awards 2016 International website for the full list of gold, silver and bronze winners.
About Best in Biz Awards
Since 2011, Best in Biz Awards has been recognizing companies for their business success as judged by renowned members of the press and industry analysts. Best in Biz Awards honors are currently conferred in two separate programs: North America and International, and in more than 60 categories, including company, team, executive, product, and PR and media. Entries in the sixth annual Best in Biz Awards are currently being accepted from all companies based or operating in North America until the final deadline on September 16, 2016. For more information, visit: bestinbizawards.com.
About Information Builders
Information Builders provides solutions for business intelligence (BI), analytics, data integration, and data quality that help drive performance improvements, innovation, and value. Through one set of powerful products, we enable organizations to serve everyone -- analysts, non-technical users, even partners, customers, and citizens -- with better data and analytics. Our dedication to customer success is unmatched with thousands of organizations relying on us as their trusted partner. Founded in 1975, Information Builders is headquartered in New York, NY, with global offices, 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.