Yellowfin offers collaboration tools to allow for different members of the organization to input their specific knowledge on projects
(PRWEB) October 20, 2016
Global Business Intelligence (BI) and analytics software vendor, Yellowfin, has been identified as a ‘Leader’ in Nucleus Research’s 2016 Technology Value Matrix for Business Intelligence and Analytics study. Yellowfin was positioned as a Leader for the fourth consecutive iteration of the study.
The report evaluated the world’s foremost BI vendors regarding their usability and functionality – the two factors that Nucleus Research has found indicate an applications’ ability to deliver initial Return on Investment (ROI) and maximum value over time.
Report author and Senior Analyst for BI and analytics at Nucleus Research, Anne Moxie, noted Yellowfin’s flexible deployment options – on-premise or hosted in the cloud – and single-integrated architecture as beneficial for IT maintenance.
“The solution also provides business user friendly visualization and analysis tools that can drive easier adoption,” wrote Moxie. “Yellowfin offers collaboration tools to allow for different members of the organization to input their specific knowledge on projects.”
Additionally, the report cited Yellowfin’s support for multilayered map-based analysis, as well as new predictive analytics capabilities and range of API connectors for third-party Web-based applications – such as Twitter, as points of competitive differentiation.
Yellowfin Co-Founder and CEO, Glen Rabie, said that Yellowfin’s ability to consistently maintain its position in the Leaders’ quadrant of Nucleus Researcher’s Value Matrix for BI and Analytics was reflective of its commitment towards continuous product innovation.
“Yellowfin is always developing new ways to help as many people as possible connect to, understand and act on the data that’s important to them,” said Rabie. “For example, business users and data analysts can effectively collaborate, alongside their data, to produce better business insights with Yellowfin’s unique Business Analytics Workflow. What’s more, Yellowfin’s suite of API connectors empowers users to instantly visualize data from third-party applications with best practice pre-built dashboards. Yellowfin is all about connecting people and their data.”
Within its Value Matrix reports, Nucleus Research projects trends for each vendor. Nucleus Research predicted Yellowfin would move further into the Leader quadrant – up, and to the right – in the next version of the report.
The Nucleus Research Value Matrix is split into four quadrants: Leaders, Experts, Facilitators and Core Providers. Yellowfin was placed in the Leaders quadrant, with Nucleus Research stating that “Vendors in the Leaders quadrant have invested in both functionality and usability features that are likely to deliver the greatest potential returns.”
To download the full Nucleus Research report, Technology Value Matrix for Business Intelligence and Analytics 2016, GO HERE: http://nucleusresearch.com/research/single/analytics-technology-value-matrix-2016/
To download the full Nucleus Research report, Technology Value Matrix for Business Intelligence and Analytics 2015, GO HERE: http://www.yellowfinbi.com/YFCommunityNews-Download-Nucleus-Research-s-Technology-Value-Matrix-for-Business-Intelligence-an-201782
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About Nucleus Research’s Technology Value Matrix
The Technology Value Matrix is based on the two core criteria of usability and functionality – the two factors that Nucleus Research has found indicate an applications’ ability to deliver initial ROI and maximum value over time.
The ‘usability’ aspect of the matrix is scored on the intuitiveness of the application, availability of role-based interfaces, training requirements, and productivity impact on users. The ‘functionality’ component is based on scores relating to the breadth and depth of functionality in the core application, the availability and ease-of-integration of add-on functionality that delivers additional benefit, and vendors' investment in innovative functionality outside the core application that delivers additional benefits.
Nucleus Research developed its Value Matrix series of reports to complement the Gartner Magic Quadrant because “during the past five years in particular, the buying process and mix of vendors have changed. The Value Matrix takes account of this ongoing change and highlights vendors whose solutions remain dynamic.” The Value Matrix differs from Gartner’s Magic Quadrant because it provides a relative ranking against competitors rather than an absolute ranking.
About Nucleus Research
Nucleus Research is a global provider of investigative, case-based technology research and advisory services that provide real-world insight into maximizing technology value. For more information, visit NucleusResearch.com or follow us on Twitter @NucleusResearch.
Yellowfin is a global Business Intelligence (BI) and analytics software vendor passionate about making BI easy. Founded in 2003 in response to the complexity and costs associated with implementing and using traditional BI tools, Yellowfin is a highly intuitive 100 percent Web-based reporting and analytics solution. Yellowfin is a leader in Mobile BI, Collaborative BI and Embedded BI, as well as Location Intelligence and data visualization.
Over 10,000 organizations, and more than 2 million end-users across 70 different countries, use Yellowfin every day. For more information, visit http://www.yellowfinbi.com
For regular news and updates, follow Yellowfin on Twitter (@YellowfinBI), LinkedIn (Yellowfin Business Intelligence), YouTube (Yellowfin Team) or email pr(at)yellowfin(dot)bi to subscribe to Yellowfin’s free e-newsletter.
For further media information, interviews, images or product demonstration, please contact:
Lachlan James, Yellowfin Global Communications Manager on +61 (0)3 8617 4954, +61 (0)431 835 658 or lachlan.james(at)yellowfin(dot)bi