GoodData customers receive a $4 return for every dollar invested as reported by third party Nucleus Research
Analysis of numerous GoodData case studies and customer interviews reveals company delivers higher-than-average returns and faster deployment than typical cloud solutions.
San Francisco, June 14, 2018 — GoodData®, the leader in embedded and distributed analytics, has been recognized by Nucleus Research for the exceptional value it provides its customers. In an analysis of GoodData ROI case studies and interviews with customers, Nucleus Research calculated that GoodData’s customers receive an average of $4.00 in the first three years for every dollar invested in the platform.
While cloud solutions typically deliver 3.2 times the ROI of on-premise solutions, Nucleus Research found that GoodData’s customers benefited from higher-than-average returns and speed of deployment. The study identified four areas where GoodData provided the highest value.
- Flexibility of the end-to-end platform
- Ease of use for all users
- Automation of the platform
“GoodData delivers consistently high returns across diverse markets because it offers embedded analytics and BI at the point of work,” said Kelsey Anspach, analyst for Nucleus Research. “The solution transforms data and user decisions into actionable insights in the context of workflow processes, which enables customers to make data-driven decisions and increases employee productivity.”
Nucleus Research found additional benefits in the average payback period and the average time to implement the solution. GoodData’s customers were typically able to begin using the platform in less than five months, thanks to the company’s robust cloud capabilities. Once the solution was implemented, the average payback period across all companies surveyed was seven months.
“We spent years developing a platform that harnesses the power of our customers’ data so it’s easy for them to make accurate, data-driven decisions that improve their business, and I’m proud to see that our efforts have yielded such tangible value for our customers,” said CEO Roman Stanek.
The report joins several other recent publications to recognize GoodData’s platform, including The Forrester Wave™: Enterprise BI Platforms With Majority Cloud Deployments, Q3 2017, in which the company earned the highest-possible scores in five of the report’s criteria, and The Forrester Wave™: Insight Platforms-As-A-Service, Q3 2017.
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 www.NucleusResearch.com.
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