{"id":12477,"date":"2019-02-19T13:53:32","date_gmt":"2019-02-19T13:53:32","guid":{"rendered":"https:\/\/www.businessanalyze.com\/business-analyze-reports-77-growth-cloud-analytics\/"},"modified":"2019-02-20T14:02:40","modified_gmt":"2019-02-20T14:02:40","slug":"business-analyze-reports-77-growth-cloud-analytics","status":"publish","type":"post","link":"https:\/\/www.businessanalyze.com\/en\/business-analyze-reports-77-growth-cloud-analytics\/","title":{"rendered":"Business Analyze reports 77% growth for business analytics and reporting platform"},"content":{"rendered":"

H\u00f8vik, Norway \u2013 February 20, 2019<\/em><\/p>\n

\"\"<\/a>Business Analyze, SaaS provider of business analytics and reporting, increased revenues for its cloud analytics platform with 77% from 2017 to 2018.<\/p>\n

New customers include Stampen, one of Sweden\u2019s largest media companies and newspaper owners, Papyrus, a major distributor of office paper in Europe, Viking Ventures, venture capital and investment firm, and V\u00e6ksthuset – Den Erhvervsdrivende Fond, to name a few.<\/p>\n

High growth is expected to continue in 2019.<\/p>\n

Global demand for business analytics has been on the rise the past years due to digitalisation and increasing needs to understand growing amounts of customers data. Now we also see the\u00a0rise here in Northern European B2B markets,\u201d says Einar Gynnild, CEO at Business Analyze.<\/p><\/blockquote>\n

\u201cThe more companies automate processes, move applications to the cloud, and change their business models, the more data they capture and store. That data is increasing difficult to understand and interpret without the right tools. It\u2019s often spread across different databases or apps. At some point, spreadsheets don\u2019t suffice anymore. Business leaders know this and they are turning to business analytics software.\u201d<\/p>\n

Business Analyze had relatively stable revenues from startup in 2002 through to 2016. But 2017, was\u00a0a turning point. \u00a0In 2017, more than 50 companies chose Business Analyze\u2019s new cloud analytics platform. The growth continued into 2018 with 77% revenue growth for its cloud-based solution.<\/p>\n

From headquarters in Norway, Business Analyze expanded and opened new Danish offices in K\u00f8ge and Velje. The first month of 2019 has continued strong.<\/p>\n

Shift from \u2018nice to have\u2019 to \u2018must-have\u2019<\/h2>\n

\u201cAs business analytics software\u00a0shifts from \u2018nice to have\u2019 to \u2018must-have\u2019, our role is to make sure that software is easy to buy, to use, and to adapt. Current markets change fast, and analytics tools must provide forward-looking insight that will help companies look ahead and stay ahead of those changes.\u201d<\/p>\n

There are many exciting applications and results. Last week, for example, Business Analyze was invited to Thon Hotels company gathering to discuss how their Business Analyze cloud platform has opened opportunities to understand booking trends, analyze guest behavior and plan sales strategy.<\/p>\n

\u201cWe look forward to many new projects in 2019. We will continue to work closely with customers by providing local support and consulting services. We will continue\u00a0to investment in product development, new talent and strategic partnerships so we can attract and serve a larger number of new customers,\u201d concludes Gynnild.<\/p>\n","protected":false},"excerpt":{"rendered":"

H\u00f8vik, Norway \u2013 February 20, 2019 Business Analyze, SaaS provider of business analytics and reporting, increased revenues for its cloud analytics platform with 77% from 2017 to 2018. New customers include Stampen, one of Sweden\u2019s largest media companies and newspaper owners, Papyrus, a major distributor of office paper in Europe, Viking Ventures, venture capital and […]<\/p>\n","protected":false},"author":4,"featured_media":12456,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[80,120,77],"tags":[],"class_list":["post-12477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-pressemelding-en","category-siste-nytt-en"],"acf":[],"yoast_head":"\nBusiness Analyze reports 77% growth for business analytics and reporting platform - Business Analyze<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.businessanalyze.com\/en\/business-analyze-reports-77-growth-cloud-analytics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business Analyze reports 77% growth for business analytics and reporting platform - Business Analyze\" \/>\n<meta property=\"og:description\" content=\"H\u00f8vik, Norway \u2013 February 20, 2019 Business Analyze, SaaS provider of business analytics and reporting, increased revenues for its cloud analytics platform with 77% from 2017 to 2018. 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