Welcome!

Weblogic Authors: Yeshim Deniz, Elizabeth White, Michael Meiner, Michael Bushong, Avi Rosenthal

News Feed Item

Host Analytics Posts Record Performance in Second Quarter of 2014

Second Consecutive Quarter of Over 100% Growth in New Annual Recurring Revenue (ARR)

REDWOOD CITY, CA -- (Marketwired) -- 07/31/14 -- Host Analytics, the leader in cloud-based Enterprise Performance Management (EPM), today announced record performance in the second quarter of 2014, highlighted by the company's second consecutive quarter delivering over 100% growth in new annual recurring revenues (ARR). The company's outstanding second quarter was driven by Host Analytics' unmatched ability to deliver success for EPM buyers who are increasingly embracing the benefits of the company's cloud-based business model and solutions.

Customer Base Continues Rapid Expansion
In the second quarter, Host Analytics added new customers at a record pace. The company continued to add industry-leading customers including premier specialty coffee and tea company Peet's Coffee & Tea, international hotelier and restaurateur Hakkasan. They and many other industry leaders selected Host Analytics based on the functional breadth and depth, proven enterprise deployability, and secure, cloud-based delivery model of Host Analytics Cloud EPM Suite.

"EPM software is continuing its inexorable migration to the Cloud," said Dave Kellogg, CEO of Host Analytics. "We are winning business at a historic pace, both from customers who are replacing expensive, legacy systems and from those migrating off lower-end cloud or on-premises alternatives. It's becoming increasingly clear to customers, and the market, that Host Analytics offers the only enterprise-class EPM suite in the cloud."

New Hyperion Migration Offer
In June, Host Analytics announced a new offer in their Oracle Hyperion Migration Program, a Migration Assessment, which helps Hyperion customers gauge the feasibility of migrating to the cloud, quantify the benefits of a cloud migration, and develop a custom roadmap for their own migration. The assessment is based on the experience Host Analytics has gained in migrating many other leading organizations from Oracle Hyperion to Host Analytics in the Cloud. After their assessment, the Program also includes an offer to migrate to Host Analytics for half of their ongoing Oracle Hyperion ownership costs.

In June, the company also announced that it has saved former Hyperion customers that have migrated to Host Analytics an estimated $100 million and counting. For more information on the Host Analytics Oracle Hyperion Migration Program go to: http://www.hostanalytics.com/products/oracle-hyperion-migration-program

Record Attendance at Annual User Conference
The second quarter also included the annual Host Analytics World user conference. This year's event set a record for attendance, with over 400 customers and over 10 partners. The show was highlighted by keynotes from Dave Kellogg, CEO of Host Analytics, David Axson, Managing Director at Accenture Strategy and Bernard Marr, Founder and CEO at the Advanced Performance Institute. You can see video highlights of the keynotes here: http://www.hostanalytics.com/events/host-analytics-world

New Services to Support Customer Success
In May, Host Analytics launched both its new Trust site and Customer Portal. The Trust site provides Host Analytics customers with visibility into application status, uptime, and any scheduled maintenance windows.

The new Customer Portal was also launched and offers a centralized, online resource where customers can access a knowledge base of answers and best practices, contact Host Analytics Customer Support, and request and vote on product enhancements.

Continued Ecosystem Growth
The second quarter included numerous partnership agreements, as more service delivery organizations saw the opportunity to build their EPM businesses by partnering with Host Analytics. Bakerfield Solutions, MorganFranklin, Sense Corp, Slalom Consulting, and Solomon Edwards all entered into partnerships with Host Analytics in the second quarter. These partners will support the growing number of cloud-based EPM implementation projects as well as use their unique EPM and financial application knowledge to further improve customer experience.

Follow @host_analytics on Twitter and suggested Tweet:

Click to Tweet: Host Analytics posts record performance in 2nd quarter of 2014 http://ow.ly/zM4sH via @host_analytics #epm #cloud

About Host Analytics
Host Analytics is the leader in cloud-based enterprise performance management (EPM), offering a suite of financial applications for planning, consolidation, reporting, and analytics. Host Analytics customers benefit from improved business agility, faster execution of core financial processes, and lower overall cost compared to legacy on-premises alternatives. 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 offices around the globe.

For more information about Host Analytics, please visit www.hostanalytics.com

Become a fan of Host Analytics on Facebook: https://www.facebook.com/HostAnalyticsInc

Follow Host Analytics on LinkedIn http://www.linkedin.com/company/host-analytics-inc.

Follow @host_analytics on Twitter

MEDIA CONTACT:
Kevin Sugarman
Email Contact
GlobalFluency
408.677.5311

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
DX World EXPO, LLC, a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of the 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to gre...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.