Information Builders Announces Strong Momentum and Growth Entering 2019

Press Release from Information Builders, Inc.

NEW YORK, Feb. 22, 2019 /PRNewswire/ -- Information Builders, a leader in business intelligence (BI), analytics, and data management solutions, today announced strong momentum in Q4 2018 and throughout the year as a result of its commitment to innovation and customer success, as well as providing the industry's most scalable platform for data management and analytics. The company has since appointed Frank J. Vella as chief executive officer and announced significant investments in the growth of its Global Partner Program – positioning itself for further sustained progress in 2019.

Tweet this: .@infobldrs announces strong momentum & growth as it moves into 2019, setting the stage for a monumental year in the #data & #analytics market: http://ow.ly/gasZ30nN1cF

Financial Performance
In 2018, Information Builders returned to bookings growth through an increase in software sales. North America showed strong growth and a very strong Q4. This contributed to the organization's momentum during the year, along with the increased global demand driving business performance through trusted data and analytics at scale.

Customer Wins
Information Builders' 2018 momentum in the area of new customer acquisition continued into Q4 with expansion coming from new logo wins, particularly new clients embracing our cloud offering. New customers in Q4 span industries from the public sector and insurance to supply chain and manufacturing. Among the net new customers are American National Bank, AFL, Franklin Templeton Investments, Maryland State Department of Education, and TeamHealth.

Industry Recognition
Throughout 2018, in recognition of the company's continued global excellence, Information Builders was recognized with 26 industry awards, honored as a leader in eight crowd-sourced reports driven by customer reviews, and named the number one vendor or Leader in eight analyst reports.

In Q4 alone, the company and its partners added the following industry and analyst recognitions to its collection of accolades:

  • Information Builders ranked number one for operational BI in the Large International Vendors Group for the fifth consecutive year in BARC's The BI Survey 18
  • WebFOCUS was named a FrontRunner for Business Intelligence Software, in a customer review-driven report by Gartner-owned Software Advice
  • OmniHealthData.com, Information Builders' site for the healthcare industry, was recognized as a gold winner in the "Best Healthcare Content" category of the 2018 eHealthcare Leadership Awards
  • Japanese WebFOCUS reseller, K.K. Ashisuto was awarded first place in the Information Analysis and Decision-Support Software category in the Nikkei Computer's Customer Satisfaction Survey 2018-2019

Frank J. Vella, chief executive officer, Information Builders, said:
"2018 was a pivotal year for Information Builders as we made strategic investments to support forward momentum and growth. Many of those undertakings – including our highly scalable Information Builders Cloud – have already been rolled out to the market with warm reception. I look forward to continuing our push towards excellence as well as seeing further fruits from our team's labor in 2019."

Visit our website to learn how Information Builders' scalable BI, analytics, and data management solutions can help drive performance for your organization.

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.

Press Contacts
Kathleen Moran
Information Builders
(917) 339-6313
kathleen_moran@ibi.com

Katie Schira
LEWIS
(706) 550-2325
informationbuilders@teamlewis.com

Companies Mentioned in this Press Release: