Glassbeam Named in 'Innovative Business Analytics Company Under $100M to Watch' by Leading Market Research Firm

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Companies selected are innovative, visionary and enable pervasive access to information

Glassbeam, the innovative product analytics vendor, today announced that leading IT market research and advisory firm, IDC has included Glassbeam in the "Innovative Business Analytics Companies Under $100 Million to Watch, 2011, doc #230923, October 2011.”

In its report, the firm cited three key drivers making an impact in the Business Analytics marketplace: mobile analytics, cloud-based analytics and collaborative decision management. The Innovative Business Analytics Companies to Watch Under $100M list included companies that are successfully meeting the needs of customers in each prediction category. Glassbeam was recognized in the Cloud-based Analytics category.

"New technologies are eliminating boundaries between content and data to enable pervasive access to all relevant information. Contributing to this innovation is a group of small companies with the vision and technology to have an impact on the IT marketplace," says Henry Morris, senior VP, Worldwide Software and Services, IDC.

Glassbeam's technology enables manufacturers of compute-centric technologies to gain insights from massive quantities of semi-structured product operational data, such as log data, contained in any intelligent device. The solution converts this data into actionable information using a unique technology that scales to analyze terabytes of data using next generation data warehousing techniques. It is applicable to companies across multiple verticals such as servers, storage, networking, software, telecom, medical devices, energy and industrial sectors

“Our technology helps customers to seamlessly collect and analyze valuable product operational data – thereby, enabling them to draw intelligent inferences around usage at customer sites” said Puneet Pandit, CEO, Glassbeam. “Coverage from respected research organizations serves to validate our product’s capabilities and the various advantages it brings to technology manufacturers globally.”

About Glassbeam
Glassbeam is the first company to provide a software-as-a-service (SaaS) solution for product analytics – an automated, highly visual solution to help equipment manufacturers unlock the business value of operational data that is either routinely communicated back to their organizations via "call-home" capabilities or collected as "support bundles" whenever devices experience issues at customer sites. To learn more visit http://www.glassbeam.com.

About IDC’s Selection Process
IDC's "Innovative Companies Under $100M to Watch" reports are a qualitative evaluation of a set of vendors within a specific market -- they are not a stack ranking nor do they represent an exhaustive evaluation of all companies in a segment or a comparative ranking of the companies in the report. IDC’s listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. IDC disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

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Devang Mehta
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