We've reached the tipping point - both in users and companies making a real financial commitment
San Francisco, CA (PRWEB) June 06, 2011
GoodData today announced its biggest month ever, serving over 1,000,000 reports to thousands of users in more than 2,500 companies. GoodData's commercial business grew at an equally rapid pace, with a greater than 600% growth in cumulative monthly recurring revenue over May 2010. May also saw numerous new account wins, increased commitment from existing customers, and new Powered by GoodData partners.
"In May we reached the tipping point - both in users on our platform and companies making real financial commitments to us," said Roman Stanek, GoodData Founder and CEO. "We've been saying for years that GoodData = BI minus the BS, it's rewarding to see it come true."
Highlights of May include:
- Product Usage: Overall platform usage increased 25% month-over-month, while active users grew 16%. Both of these metrics represent the biggest monthly increase in absolute numbers since GoodData launched commercially in November 2009.
- Customer Traction: New customers signed include Turborecruit, TeamBuy, Swipely and Prezi, while Chef's Warehouse, Nielsen, Echelon and Swaglove all completed successful GoodData implementations. Companies that renewed their commitment to GoodData in May included Gazelle, PSA Insurance and Financial Services, Foundation Source, BELL (Building Educated Leaders for Life) and Zinch.
- Powered by GoodData: New Powered by GoodData partners including GreatVines, TaKaDu, Janova and Advantix are embedding GoodData dashboards and analytics into their products.
- Platform: GoodData achieved 99.63% uptime in May, while GoodData received SAS70 Type 1 certification.
"GoodData helps us focus on the data and not the process," said Anand Hattiangladi, Product Manager, oDesk. "Our attention is no longer on tracking down the latest Excel spreadsheet—it is about making smart decisions based on the numbers."
GoodData offers the world’s most powerful Cloud BI Platform, providing our customers and partners with operational dashboards, advanced reporting and data warehousing at a fraction of the cost and complexity of other approaches. GoodData is trusted by companies like Enterasys Networks, Capgemini, and Software AG, and embedded into offerings from cloud innovators like Zendesk, Get Satisfaction and Pardot. GoodData is headquartered in San Francisco and located in the cloud at http://www.gooddata.com.
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