At the start of its annual user conference May 9th-12th in San Francisco, Host Analytics, the leader in cloud-based enterprise performance management (EPM), today announced it enters the event on the back of a strong Q1 performance and significant market leadership milestones. Less than one year since the availability of Host Analytics Modeling, the company is celebrating its 100th modeling customer, making it one of the fastest-growing cloud products in history. Record Q1 performance across the board illustrated the high satisfaction and loyalty of Host Analytics customers. Across the industry, analysts recognized Host Analytics as a top player in the EPM space while influential publications such as Silicon Valley Business Times and Accounting Today awarded the company’s leadership and innovation.
“We have tremendous momentum going into Host Analytics World this week and we’re excited to provide attendees with innovative sessions, hands-on training and access to new technologies, which sets this conference apart from other industry events,” said Ben Plummer, CMO of Host Analytics. “The more finance leaders learn about what’s possible using Host Analytics Modeling, along with the rest of our cloud-based EPM platform, the faster they become Host Analytics customers for life. One hundred customers is an important milestone, but it’s only the tip of the iceberg.”
Host Analytics added numerous new customers during its first quarter, including: Demandbase, Inc., Haggar, Hilcorp Energy Company, McKinley Irvin, Medrobotics, Mesa Air Group, Inc., Percolate, Quicken, Relypsa, Inc. and 23andMe, Inc.
Demandbase recently selected Host Analytics to streamline and improve its planning activities. “Usability and customization were key factors in our decision. Our ability to get our finance and various operations teams on board quickly was critical. In addition, the customization capabilities give us the ability to simplify and tailor the solution to a variety of audiences throughout the company,” said John Botros, Vice President, Finance at Demandbase. “We plan to use Host Analytics Cloud EPM Suite to better align our financial goals with key stakeholders in each department, as well as provide visibility to our executive staff on an ongoing basis.”
Customer Commentary on Host Analytics Modeling
HEAT Software has been using Host Analytics Modeling for its ability to bring logic, structure and insight to a cross-section of different data types. “We’ve been able to move away from the more restrictive columns-and-rows format common to relational databases and that’s empowered us to do the analysis that will help us grow as a business,” said Ian Anderson, HEAT Software’s Manager of Financial Planning & Analysis. “Host Analytics Modeling has given HEAT Software the visibility needed to grow fast and responsibly. We can slice and dice the key metrics for our business accurately and then still have the ability to drill down into a lower level of detail. This is something we knew we needed and now we can actually do it.”
In addition to winning many new customers in Q1, Host Analytics also earned industry recognition and several awards in the first quarter of 2016. Business Intelligence Group recognized Host Analytics as a leader in innovation with a 2016 BIG Innovation Award, followed by IE Group selecting Host Analytics for “The Best FP&A Technology Tool of the Year” award for the third time. Accounting Today honored Host Analytics Modeling as a Top New Product of 2016, and at the end of the quarter, Silicon Valley Business Times named Host Analytics’ EVP of Customers for Life, Alison Holmlund, one of Silicon Valley’s Most Influential Women for 2016.
Industry thought leaders from Nucleus Research and Blue Hill Research are also lauding Host Analytics’ products. In Q1 of this year, Nucleus named the company as a leader for the second year in a row in their annual Technology Value Matrix for CPM, and advisory firm Blue Hill Research recognized the Host Analytics Cloud EPM Suite as a true cloud-based, enterprise-grade performance management solution.
Host Analytics World
May 9th-12th, Host Analytics will hold its annual user conference in San Francisco where together with industry thought leaders and customers, the company will take a closer look at the challenges finance teams face in navigating their organizations to success in today’s rapidly changing business environment. Among the esteemed keynote speakers will be Hall of Fame quarterback Steve Young as well as several industry analysts. For more information, or to register, please visit the conference website. For those unable to attend live, you can livestream select keynotes here.
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About Host Analytics
Host Analytics is the leader in cloud-based enterprise performance management (EPM), offering a suite of financial applications for modeling, planning, consolidation, reporting and analytics. World-class companies like NEC, Burlington Coat Factory and Jazz Pharmaceuticals trust Host Analytics to power their strategic financial processes. Host Analytics is a fast-growing, private company backed by leading venture capitalists and is headquartered in Silicon Valley with customers in over 90 countries.
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Jason “JT” Tidwell