Yellowfin moves into Challenger region of BARC’s 2016 Score Business Intelligence report
FOR IMMEDIATE RELEASE
Melbourne, Australia, Wednesday 5th April – Global Business Intelligence (BI) and analytics software vendor, Yellowfin, has been identified as a Challenger in the Business Application Research Center’s (BARC) 2016 Score Business Intelligence report.
“Yellowfin is a mature, user-friendly BI platform that has evolved from a successful reporting and dashboard product to support an emerging style of BI characterized by governed data discovery and collaboration,” said BARC Senior Analyst and report co-author, Larissa Seidler. “Yellowfin’s strength lies in selling its software to OEM organizations, where its BI functionality is integrated into other vendors’ products and applications.”
Yellowfin debuted as a Specialist in the inaugural 2015 BARC Score Business Intelligence report, increasing its Market Execution and Product Capabilities rankings to move into the Challengers region in BARC’s 2016 Score Business Intelligence report.
The 2016 version of BARC Score Business Intelligence (Enterprise BI Platforms) report – the latest and second iteration of the annual study – ranks and evaluates the world’s foremost enterprise BI platforms across two main axis: Market Execution and Portfolio Capabilities. BARC awards technology vendors, that sufficiently meet report criteria, with a dot placement in one of five regions – from Entrants, to Specialists, Challengers, Market Leaders and Dominators.
The report described Yellowfin’s five core strengths as:
· Innovative collaboration and storyboarding features
· Ability to deliver Embedded BI into host applications
· Ease of use for business users
· Simple pricing model
· Geo-visualization capabilities (location analytics)
Yellowfin CEO and Co-Founder, Glen Rabie, said that Yellowfin’s improved positioning in the latest version of BARC’s Score Business Intelligence report validated the vendors approach to the BI market.
“Yellowfin’s unique approach to Collaborative BI and user workflows enables business users and data analysts to effectively work together to produce and share the best insights,” said Rabie. ”Then, businesses can make the best collective decisions possible. Additionally, Yellowfin’s industry leading governance capabilities empower IT to deliver trustworthy, enterprise-wide reporting and analytics.”
This result follows Yellowfin’s strong performance in BARC’s The BI Survey 16, the world’s largest annual survey of BI end-users. In that survey, Yellowfin’s BI solution ranked first within its Peer Groups for Innovation five years in a row; Collaboration four years in a row; and first for Ease-of-use for the third year running.
To learn more about Yellowfin’s performance in BARC’s The BI Survey 16, GO HERE >
The 2016 BARC Score Business Intelligence (Enterprise BI Platforms) awarded a dot placement to 21 vendors. The report also provided a summary list of 37 ‘Other Vendors’ that did not sufficiently meet the inclusion criteria.
The Market Execution and Portfolio Capabilities axis in BARC Score Business Intelligence comprise multiple weighted criteria on which participating vendors are ranked. Market Execution criteria include Product Strategy, Customer Satisfaction, Sales Strategy, Financials, Ecosystem, Marketing Strategy, Organizational Strength, and Geographical Coverage. The overall Portfolio Capabilities score includes three areas of assessment, each comprising sub-criteria: Functionality (Reporting, Dashboards, Analysis, Data Mining, Planning, Self-Service BI and Data Discovery), Infrastructure (Systems Architecture and Administration, Performance, Access to Data Sources, Metadata and Semantics, Governance and Security, Information Delivery and Deployment Options), and Portfolio Evaluation (Portfolio Integration, Portfolio Maturity and Portfolio Lifecycle).
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About BARC
BARC is an enterprise software industry analyst delivering product evaluations, conferences, market research and consulting to over 1,000 customers each year. BARC specializes in advising organizations on software selection in its core research areas of BI, data management and enterprise content management.
Along with CXP and Pierre Audoin Consultants (PAC), BARC forms part of the CXP Group – the leading European IT research and consulting firm with 140 staff in eight countries.
About Yellowfin
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 www.yellowfinbi.com
For regular news and updates, follow Yellowfin on Twitter (@YellowfinBI), LinkedIn (Yellowfin Business Intelligence), YouTube (Yellowfin Team) or email pr@yellowfin.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@yellowfin.bi