SOURCE: Pyramid Analytics

Pyramid Analytics

May 21, 2015 09:01 ET

Pyramid Analytics Ranked Number One Leader in Dresner Collaborative Business Intelligence Market Study

Enterprise Business Intelligence Leader Surpasses Customer Needs With Strongest Collaborative BI Capabilities Combining Governed Data Discovery and Innovation

SEATTLE, WA--(Marketwired - May 21, 2015) - Pyramid Analytics, the next generation business intelligence platform for the enterprise, today announced that it has earned the leader position out of 16 vendors in the 2015 Collaborative Computing and Business Intelligence Market Study by Dresner Advisory Services. One of the most comprehensive industry reports on the category, the Dresner Report found that Collaborative BI remains a priority investment and strategic imperative for the majority of organizations, citing "between 60 to 70 percent of respondents consider collaborative BI important, very important, or critically important." Also according to Dresner, organizations that consider themselves successful at BI take action on insight and more often use Collaborative BI.

Read a complimentary copy of the 2015 Collaborative Computing and Business Intelligence Market Study by Dresner Advisory Services at [www.PyramidAnalytics.com/Dresner]

"Being recognized as the leader in this key industry report and our growing user base corroborates that Pyramid Analytics governed BI platform is the BI solution of choice for large enterprises," stated Avi Perez, CTO, Pyramid Analytics. "The very nature of our platform offers a framework for collaboration across the enterprise that supports the need to engage all stakeholders in growing their business. Combining the best of ease of use and enterprise governance has propelled Pyramid ahead of legacy mega vendors and restrictive desktop tools that start and stop with static reports and social networking. That is not holistic, not true BI collaboration."

Pyramid Analytics' combined Collaborative BI capabilities differentiate it from others:

  • Shareable content and business logic are highly modular, while remaining secured. User credentials determine ability to access and share content system-wide. Self-service combined with report scalability boosts personal productivity and cooperative business outcomes
  • Server-centric, centralized data modelling that stays secured, yet self-serviced for collaboration and instant sharing -- foundation to combine governance and innovation in analytics
  • Analytic narratives built via dashboards and publisher modules. It's easy and fast for users to produce simple, moderate, or complex forms of storytelling via interactive dashboards and by 'pushing BI' via publisher module
  • Mobile BI makes all content securely accessible on any device. Individuals enjoy freedom to collaborate from anywhere, within framework for controlled access
  • Investments in social networking capabilities for reporting and analytics can enable collaborative commentary and foundation for annotation in secured fashion

"Organizations are looking for Collaborative BI capabilities for improved data-sharing, cooperation, and ultimately better business outcomes," said Howard Dresner, founder and chief research officer at Dresner Advisory Services. "The 2015 Collaborative Computing and Business Intelligence Market Study is based on a survey of a rich cross-section of BI customers and an evaluation of vendors' technology, and we congratulate Pyramid Analytics on their leadership position in this year's study."

Pyramid Analytics combines governance and innovation providing both centralized and delegated secure access to data with individual BI capability that does not require IT involvement. With its industry-first, governed data discovery-platform for Collaborative BI, Pyramid Analytics optimizes the sharing experience for individuals and empowers organizations to attain the benefits of real world collaboration where critical data assets are shared in a collaborative framework across the organization.

Pyramid Analytics' recognition as the Collaborative BI leader demonstrates that it is delivering Collaborative BI functionality to meet user demand head on. Understanding customer requirements has led to a tripling of Pyramid Analytics customer base yearly in the last three years. The company now has hundreds of thousands of users in large public, private and Fortune 500 enterprises, including banks, insurance and healthcare multi-nationals all benefitting from Pyramid Analytics' highly scalable Collaborative BI capabilities enabling shared insights, fostering consensus-building and smarter decisions.

About Pyramid Analytics
Pyramid Analytics makes it easy for organizations to make better, smarter data-driven decisions. The company's BI Office platform combines quick and scalable deployment with the ease of use that customers have come to expect from the best of the new generation of data exploration tools -- all within an enterprise-class data governance framework. Available in both in-company cloud and public cloud versions, BI Office enables rapid integration of new data sources and cross enterprise sharing of business logic for all users -- from analysts to front line managers -- through a simple, intuitive and familiar interface. Pyramid Analytics has operational centers across the U.S., U.K. and EMEA. The company is backed by Sequoia Capital. To learn more, visit PyramidAnalytics.com.

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