SOURCE: Host Analytics

Host Analytics

October 03, 2013 10:00 ET

Ventana Research Names Host Analytics as "Hot Vendor" in Annual Value Index

Annual Report Gives Company's Enterprise Performance Management Suite High Marks for Product Maturity, Appropriateness for Financial Performance Management Methodology and Processes

REDWOOD CITY, CA--(Marketwired - Oct 3, 2013) - Host Analytics, the leader in cloud-based enterprise performance management (EPM), today announced its inclusion as a top-three vendor in The 2013 Value Index for Financial Performance Management (FPM) from Ventana Research. Host Analytics cloud-based Enterprise Management Suite received strong marks for its maturity and appropriateness based on user requirements relating to FPM methodology and processes.

The report evaluated nine FPM products, placing Host Analytics' cloud-based solution squarely in Ventana Research's "Hot Product" category. The report categorized the remaining six evaluated FPM products in the warm, cold or frigid categories. The report noted that Host Analytics full-featured, cloud-based solution offers a well-integrated set of capabilities supporting the needs of financial organizations by enabling the automation of key financial processes as well as support for insightful and forward-looking analytics.

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Ventana Research evaluates hundreds of elements in evaluating FPM software, independently performing research and analysis against its FPM blueprint as well as specific operational and performance activities and processes. The report notes finance professionals' growing acceptance of cloud-based solutions like Host Analytics EPM Suite, which provides greater agility, better security, and lower overall costs as compared to on-premises alternatives.

"Cloud computing is gaining increasing acceptance from finance professionals because it can offer faster time-to-value and have a total lower cost of ownership compared to an on-premises alternative," said Robert Kugel, SVP and Research Director at Ventana Research. "Host Analytics offers a comprehensive suite for Financial Performance Management that supports a more strategic finance function. It automates more routine tasks and provides the capability to drive deeper insight, more accurate planning and greater agility in responding to change."

"We're pleased and proud to be recognized by Ventana Research as a 'hot' product for FPM," said Dave Kellogg, CEO at Host Analytics. "The cloud is an unstoppable force in enterprise software, and we're happy to be leading increasing numbers of finance organizations out of the on-premises era and into the cloud future."

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About Host Analytics:
Host Analytics is the leader in cloud-based financial applications for planning, consolidation, reporting, and analytics. Host Analytics enterprise performance management (EPM) customers benefit from better business agility, lower total cost of ownership, faster time to value, increased security, and a faster pace of innovation compared to traditional on-premises alternatives. World-class companies like NEC, Burlington Coat Factory, and Time Warner Cable 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 offices around the globe.

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Contact Information

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