Building a Metrics-Driven Business at GoodData

Step 1: A Simple Plan

Here at GoodData, Customer Analytics is more than a good marketing spin, it’s how we will manage our business. We know that focusing on the metrics that drive our business is the key. Plus, we are inspired by three of our early customers – Enterasys Networks, TriNet and Gazelle – both of which embed analytics (and of course GoodData dashboards) throughout their core businesses. These companies have it in their DNA, from their leaders down to the front line sales, marketing and service folks.

We have come to realize that living the life of a metrics-driven business is deceptively challenging. Even as a startup – without too many people and processes, we are still awash in data and opinions as to which are the ones that really matter. Not to sound too Zen, but I firmly believe that Customer Analytics is about the practice, and not a magic destination or customer insight. After all, despite the promises of BI marketing for generations, metrics don’t make the decisions for you. That’s your job.

l will be blogging about GoodData’s journey to becoming a metrics-driven business as we dig deeper into the practice of customer analytics, throughout 2010 and beyond.

All we need to get going is a vision, some data and a simple plan:

  • A Vision: we are fortunate to have a company culture that revolves around data (it helps to be an analytics vendor). We’ve seemingly always had a few GoodData projects with our Google Analytics and product stats in it. But honestly it’s been a back-burner effort as we built the platform and started the business. It took our founder Roman to really kick-start the effort. Look at this report that he created a few weeks back, nothing too fancy, but no one did it until he did. The next day, 4 or 5 other employees started analyzing the same data, and now we’re doing it with more focus and energy. Lesson learned: nothing helps drive a culture around data better leaders being metrics-driven themselves.
GoodData User Activity Trend

GoodData User Trends

  • Some Data: even as a startup, we have plenty of customer data. Our mix of customer data comes from our website, our business apps (Salesforce CRM and ZenDesk), and most powerfully GoodData itself. We’ve instrumented our platform to capture the metadata that surrounds our customer interactions. Put into English: we can track when customers engage in our product, what features they use, where they struggle, when they abandon, when they load data, create reports, build dashboards, invite co-workers, and when GoodData becomes viral. That’s a lot of data….
Customer Analytics Data Sources

Customer Analytics Data Sources

  • A Simple Plan: So much data, so many neat and valuable ways to slice and dice it, let me write up the requirements and get our ops guys to get going on pulling the data in. I already know this will fail. Before I know it, the project will crumble from its own complexity. Sadly, I’ve been in too many Spruce Goose projects before around customer data. Here at GoodData, we are taking our success with agile development [production releases every two weeks] and applying it to customer analytics. So my simple plan is just to define a few sprints and get going.

In my next post I plan to talk a bit more about the simple metrics that matter to us, and talk about the first few sprints that we’ve defined.

Please let me know what you would like to hear about.

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GoodData on the Cloud Computing Show

Listen to Sam Boonin, GoodData’s VP Marketing on the Cloud Computing Show. Pretty fun podcast with Gary Orenstein about Cloud BI and how to get started with analytics in your company.
You can download the podcast here, subscribe to the podcast on iTunes, or visit the Cloud Computing Show blog.

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Learn about the Metrics Behind TriNet’s Sales Success

TriNet is one of the country’s leading PEOs (professional employer organizations), serving as the trusted HR advisor for thousands of companies nationwide. It’s critical for TriNet is to run a high-performance sales & marketing machine to meet its aggressive business goals. And metrics are at the center of this effort.
Come hear from Tina Babbi, Executive [...]

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Using GoodData to Track Your AppStore Sales

Martin Man – an iPhone developer – is using GoodData to track the success of his iPhone apps, it’s yet another cool way to use GoodData, and a great example of Customer Analytics at its best! In his words:
As an Apple iPhone Developer I would like to know how my applications are selling around the [...]

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GoodData Helps TriNet Sharpen Focus on Customer Analytics

On-Demand Dashboards for Salesforce.com Provide Metrics for Sales & Marketing Success
GoodData today announced that TriNet, a provider of payroll, benefits and human resources outsourcing solutions to small businesses, has rolled out GoodData for Salesforce to its sales regions throughout the United States. GoodData provides on-demand reporting and analysis for Salesforce CRM marketing, sales and service [...]

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Roman Stanek – GoodData in 6 minutes

Watch Roman Stanek, GoodData CEO and Founder, give a 6-minute overview of GoodData, the Business Intelligence Market, and why why cloud computing gives us a great opportunity for disruption.

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Happy Holidays from GoodData!

Christmas, Charles Bridge – Prague, Czech Republic
We wanted to take a minute and wish our community Happy Holidays and thank you for an eventful year. From our beta launch at the end of 2008 to our seed round of funding in April, through our first production release in July to our company launch in November: [...]

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Instant Blog: Just Add Water! – Live from Twitter: SaaS BI & Security

Recently (as in, yesterday afternoon) I took on a flurry of SaaS BI related questions on Twitter from fellow BI technologist Justin Swanhart pertaining to data safety and integration issues in SaaS BI. His questions were excellent ones (as usual) but I didn’t feel Twitter had enough bandwidth to properly address them. Consequently, I’d like [...]

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Open Source vs. SaaS BI: Choose Wisely

In his famous piece, The Art of Evangelism, Guy Kawasaki writes “Look for agnostics, ignore atheists”. This is particularly relevant to my recent blog post describing the harrowing experience of Open Source BI (OSBI). In it, I point out that OSBI does indeed work for a vast number of very specific users, but most [...]

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GoodData Company Overview Video for AWS

Here is an overview video of GoodData filmed as a part of the Amazon Web Services Startup Challenge – as you know, GoodData was selected as the winner. Enjoy!

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