New Ovum Report Highlights Host Analytics and Market Shift to Cloud-based EPM

Report Notes Strong Growth in Customers Migrating from Legacy On-Premises to Host Analytics’ Cloud-based Platform
Redwood City, CA – September 16, 2014 –

Host Analytics, the leader in cloud-based enterprise performance management (EPM), today announced the publication of the Ovum Decision Matrix report on EPM vendors for 2014-15. The new report from Ovum, a global research and consulting firm, highlights the continuing market migration to cloud-based EPM solutions, citing significant growth in Host Analytics customers who have made the switch from on-premises solutions.

The report is an independent and objective assessment of EPM providers designed to help potential buyers select a vendor. For a complimentary copy of the report, please visit http://ow.ly/BrmBY.

Ovum’s Surya Mukherjee, Senior Analyst, Information Management, notes that the EPM market is rapidly evolving. “The market has seen a definite shift towards solutions supporting the latest mobile and cloud computing trends,” Mukherjee writes. “Cloud deployment and simplification of user experience is best demonstrated by smaller vendors, while the larger ones are playing catch-up.”

The report also highlights Host Analytics’ strength as a purpose-built cloud platform for enterprise-class EPM deployments.

“Host Analytics' biggest differentiators include its multi-tenant cloud value proposition, enterprise-class capabilities, and a familiar Excel front end which lowers training requirements. Many Host Analytics clients are switching from on-premises and other cloud EPM installations to the Host Analytics cloud for its easy manageability and scalability. Ovum believes that this is a significant market trend and will continue to see traction in coming years,” the report states.

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About Ovum
Ovum provides clients with independent and objective analysis that enables them to make better business and technology decisions. Our research draws upon over 400,000 interviews a year with business and technology, telecoms and sourcing decision-makers, giving Ovum and our clients unparalleled insight not only into business requirements but also the technology that organizations must support. Ovum is an Informa business.

About Host Analytics
Host Analytics is the leader in cloud-based enterprise performance management (EPM), offering a suite of financial applications for planning, consolidation, reporting and analytics. Host Analytics customers benefit from improved business agility, faster execution of core financial processes and lower overall cost compared to legacy on-premises alternatives. World-class companies such as NEC, Burlington Coat Factory and Sanmina trust Host Analytics to power their strategic financial systems. Host Analytics is a fast-growing, private company backed by leading venture capitalists and is headquartered in Silicon Valley with offices around the globe.

For more information about Host Analytics, please visit www.hostanalytics.com
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MEDIA CONTACT:
Kevin Sugarman
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About Host Analytics

Host Analytics is the industry’s leading innovator of cloud-based Enterprise Performance Management Solutions, (EPM). Companies of all sizes, from $10 million startups to $50 billion multi-nationals, rely on Host Analytics to provide industry leadership in the areas of financial planning, budgeting, modeling, consolidations, and reporting. More than 700 customers in 90 countries including Bose, Boston Red Sox, FitBit, La-Z-Boy, Mayo Clinic, NPR, OpenTable, Peet’s Coffee & Tea, Pinterest, Swissport, and Vitamin Shoppe have subscribed to Host Analytics to help them drive revenue and margin growth. Host Analytics is a private company backed by leading venture capitalists and is headquartered in Silicon Valley.