McLean, Va.– Jan. 7, 2014 – Logi Analytics, the analytics everywhere company, today expanded its solutions for enabling companies of any size to marshal their collective intelligence to drive performance. Long recognized as the authority in embedded analytics, Logi Analytics today reached a key milestone in its “analytics everywhere” strategy with the introduction of Logi Vision, a fresh approach to data discovery that gives all business professionals the opportunity to tap into the power of analytics (see today’s press release: Logi Analytics Reimagines Data Discovery With Logi Vision).
The company’s analytics everywhere strategy enables organizations and their people to explore data, distribute compelling insights, and equip everyone with the right information to create shared a understanding that drives business success – in effect raising their “Corporate IQ.” Through this combination, Logi Analytics offers both data discovery (Logi Vision) as well as an information platform (Logi Info) for creating analytic applications allowing companies to replace opinions with data-driven decision-making across the entire business ecosystem – including executives, front-line workers, customers and partners.
“As the market has evolved, we’ve seen solutions fall into two camps – either data discovery or platform offerings,” said Brett Jackson, CEO of Logi Analytics. “We’ve long been known for providing the analytic and business intelligence capabilities powering some of the world’s most successful business applications. Our expanded portfolio further enables customers to drive business performance through the strategic deployment of analytics everywhere.”
In addition to the providing an expanded solutions portfolio, Logi Analytics has achieved a series of milestones to capitalize on the growth of the business analytics market, including:
- Explosive company, venture investment and ecosystem growth –Logi Analytics has experienced more than 600% growth in revenue over the last five years. Recently the company announced a $27.5 million growth equity investment to support the launch of new products, further product development and expansion into new geographic and vertical markets. In the last year, the company has doubled its workforce and number of channel partners in the U.S. and Europe. Partnerships announced in the last year include BMC Software, MongoDB, ParStream, HP Vertica and Hortonworks.
- Recognition for market position and a reputation for innovation –In 2013, the company changed its name to Logi Analytics, Inc. to more accurately reflect the company’s direction and its leadership position in analytics. Based upon its “ability to execute” and “completeness of vision,” Logi Analytics is one of a select group recognized as a market “challenger” in the February 2013 Gartner Magic Quadrant for Business Intelligence and Analytics Platforms report. With Logi Vision, the company is introducing innovative patent-pending designs within its DataSmart™, ThinkSpace™ and InfoBoard™ technologies.
- Delivering a comprehensive solution set –Logi Analytics has made significant R&D investments that greatly expanded its analytical capabilities. In the most recent release of Logi Info, the company introduced advanced visualizations and intuitive data exploration. Now with the introduction of Logi Vision, the company is poised to capitalize on the growth of the data discovery market, one of the fastest-growing segments of the business intelligence market.
- Hiring industry leaders and visionaries –Logi Analytics features a successful and experienced executive team, recently augmented with the hiring of Brian Brinkmann as vice president of products, Kevin Greene as vice president of business development and Christian Campagnuolo as chief marketing officer.
“All of these efforts are part of our approach to challenge and reshape the analytics market,” said Jackson. “We’re now positioned as the preeminent company in helping organizations raise their corporate IQ.”
For more information, read today’s blog post by Brett Jackson, on the impact of Logi Vision: “Why We’re Reimagining Data Discovery”
Logi Vision is available immediately. For more information, visit www.logianalytics.com/vision.
About Logi Analytics
Logi Analytics enables enterprises to raise their corporate IQ by delivering on the promise of analytics everywhere. By providing both a data discovery solution and a business information platform, Logi Analytics helps its customers address a broad range of use cases, enabling employees from the corner office to the factory floor to be more informed, make better decisions and drive corporate performance. With more than 1,200 customers worldwide, Logi Analytics meets the analytics needs of organizations ranging from small businesses to Global 2000 enterprises. The company is headquartered in McLean, Virginia. The company is a privately held, venture-backed firm with investments from Updata Partners, GroTech Ventures, Summit Partners and LLR Partners. For more information, visit www.logianalytics.com