Information Builders Posts Another Solid Quarter for Q3 2018
Announcement posted by Information Builders 25 Oct 2018
NEW YORK, October 24, 2018 – Information Builders, a leader in business intelligence (BI), analytics and data management solutions, today announced it has experienced another strong growth period in Q3 2018 as a result of strategic and forward-looking investments across the business, including the launch of its new WebFOCUS flagship BI and analytics platform, as well as the expansion of the company’s global management and executive team.
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WebFOCUS Product Innovations
In September, Information Builders unveiled the new WebFOCUS BI and analytics platform, combining ease of use with proven scalability. The solution includes several new features designed to improve flexibility, promote collaboration and communication, and boost analytical power. These capabilities, combined with traditional governed BI, help organizations turn raw data into informed action based on trusted insights.
Executive Appointments
To further fuel innovation across Information Builders’ solutions portfolio, the company appointed two industry veterans to drive product engineering and streamline operations. Eric Raab will serve as senior vice president, Engineering and Product, while Kabir Choudry supports cloud and customer success teams as vice president, Field Technical Engineering and Strategy.
Other appointments include: Frank Brunetti, global head of Operations; Alan Abraham, country manager of Australia; Robyn Allen, senior director, Federal Sales; and Mike Conti, sales manager, New York region.
Customer and Sales Growth
In Q3 2018, Information Builders continued to build its global roster of clients across industries, rounding out the quarter with 15 percent more new clients than was added in all of 2017. Among the many new customers added in Q3 were eSentire, IDEMIA, and Young Life. Additionally, Information Builders expanded engagements with customers across industries and regions, including Ford Credit, FedEx, Michigan State Police, and Nationwide to name a few.
The company reported that its overall software sales were up 18 percent year over year at the end of Q3 2018 as more organizations leverage Information Builders’ scalable solutions and begin to take advantage of its cloud offerings powered by Amazon Web Services (AWS), which were announced at the company’s Summit 2018 User Conference. In addition, iWay’s data quality maintenance facilities have gained popularity as people are recognizing the importance of clean data more than ever.
Industry Recognition
Information Builders and its customers continued to receive significant recognition from the industry in Q3 2018.
· Best in Biz International awarded Information Builders Silver in the Most Customer-Friendly Company of the Year category
· Information Builders’ customers, York Regional Police and Oklahoma Department of Human Services, were honored for Significant Achievement by Public Technology Institute (PTI) in the 2018 Technology Solutions Awards for Data and Performance Metrics
· The 2018 Dresner Industry Excellence Awards recognized Information Builders as a BI Experienced Leader and Trust Leader
· Rosnet, an Information Builders customer, was named a finalist in the Ventana Digital Leadership Awards
Frank J. Vella, chief operations officer, Information Builders, said:
“It’s been almost a year since I joined Information Builders, and I am proud of the momentum and growth that our teams have achieved in that short period. We are focused on innovation and delivering scalable solutions that match tomorrow’s needs for organizations across the globe. I look forward to leading Information Builders as we continue to support critical work for our customers.”
Visit our website to learn more about Information Builders innovative BI, analytics and data management solutions.
About Information Builders
Information Builders provides the industry’s most scalable software solutions for data management and analytics. We help organizations operationalize and monetize their data through insights that drive action. Our integrated platform for business intelligence (BI), analytics, data integration, and data quality, combined with our proven expertise, delivers value faster, with less risk. We believe data and analytics are the drivers of digital transformation, and we’re on a mission to help our customers capitalize on new opportunities in the connected world. Information Builders is headquartered in New York, NY, with global offices, and remains one of the largest privately held companies in the industry. Visit us at informationbuilders.com, follow us on Twitter at @infobldrs, like us on Facebook, and visit our LinkedIn page.