Raise.com shows 804% Return on Investment with GoodData’s Insights as a Service Platform
SAN FRANCISCO — June 11, 2015 — Raise.com is a 2015 recipient of a Technology ROI Award from Nucleus Research for its implementation of GoodData®, a leading provider of Insights as a Service. The awards recognize the top 10 technology deployments each year based on their bottom-line financial return on investment (ROI).
“The Tech ROI Awards honor the 10 best IT implementations in the industry based on the best metric available to prove value -- ROI. This is a joint effort, showcasing both savvy implementations by the winning companies and also the value of the vendor solutions they deployed,” said Ian Campbell, CEO of Nucleus Research.
The Technology ROI awards demonstrate strong best practices for optimizing business results while maximizing value. For Raise.com this meant a solution that could meet and scale with the company’s demands and deliver detailed insight into sales performance and operational analytics – helping fuel the young company’s growth while ensuring customer retention. The implementation of GoodData resulted in 804% ROI and full project payback within 1.3 months, as determined by Nucleus Research.
“Analytic applications have become a popular area for investment, which is not surprising given that, on average, analytics deployments return $13.01 for every dollar spent. Raise.com’s implementation is a compelling example of how to optimize results with GoodData,” said Anne Moxie, analyst of Nucleus Research.
“When Raise.com partnered with GoodData, the results were nearly instantaneous,” said Yale Sun, Data Team Lead, Raise.com. “With GoodData, our sales team generates the insights they need to market, sell and grow our business in a fraction of the time and our Executive Team is now armed with the information they need to create projections, and conduct long-term planning exercises.”
“The success of our customers is our number one priority,” said Roman Stanek, Founder and CEO of GoodData. “ROI is one of the most essential ways companies calculate their success, so we are extremely proud to join Raise.com in accepting this award as a result of their 804% return.”
This industry recognition comes just before GoodData and Raise.com lead the conversation how customer insights can transform your marketing and ecommerce operations at Big Data & Analytics for Retail Summit in Chicago, IL on June 17-18, 2015.
Raise is the largest, most trusted gift card marketplace where members can save on gift cards to any brand and sell gift cards or store credit for cash. For every seller cashing in on old cards or credit, a happy buyer saves on a favorite store, brand or restaurant. With the Raise iOS app, members can take the marketplace on the go and instantly redeem cards or credit right at the store counter. Every transaction is verified and insured with a 100 percent money-back guarantee. Whether you're buying or selling, we're here to make your money worth more. Give yourself a raise—on us. To learn more or to try it for yourself, visit Raise.com or download the Raise iOS app from the App Store.
About Nucleus Research
Nucleus Research is a global provider of investigative, case-based technology research and advisory services that provide real-world insight into maximizing technology value. For more information, visit NucleusResearch.com or follow us on Twitter @NucleusResearch
GoodData is on a mission to break data silos. Flexible, open, secure, and scalable, GoodData’s leading data and analytics platform provides standardized metrics and real-time analytics across organizations and to their customers. To this day, GoodData has helped more than 140,000 of the world’s top businesses deliver on their analytics goals and scale their use cases — from self-service and embeddable analytics to machine learning and IoT.
GoodData is headquartered in San Francisco and is backed by Andreessen Horowitz, General Catalyst Partners, Intel Capital, TOTVS, and others. For more information, visit GoodData's website, and follow GoodData on LinkedIn, YouTube, Medium and Twitter.
Senior Director, Demand Generation