Strong Results Driven by Customer Success and Market Leadership
Orlando FL. - Jan 23, 2007 - Pentaho Corp., creator of the world's most popular open source business intelligence (BI) suite, today announced key customer wins and
highlights from its fiscal fourth quarter, ended December 31, 2006. Pentaho's results reflect the company's significant commercial traction in the BI market, and the
company's market and technology leadership.
Customer Wins and Commercial Traction
- Major customer wins included Motorola, Terra Industries, MySQL, BNSF Logistics, Henner, L.R. Nelson, Polyscientific, and more.
- The company won multiple six-figure OEM contracts, including replacements of proprietary BI.
- The company achieved an 80% competitive win-rate in direct sales against proprietary BI, including wins over Business Objects and Cognos.
- Pipeline opportunities grew by 200% from the start of Q4 2006 through the start of Q1 2007.
Rapid Product Evolution
- The company delivered Pentaho Open BI Suite 1.2 in General Availability, as well as major updates to its reporting, analysis, and data integration projects. The new
releases are all available for download at www.pentaho.com/download/.
- Pentaho was the first BI company to deliver real-time integration with Google Maps for Location Intelligence applications.
- Pentaho contributed major extensions to the Software Quality Reporting open source project.
- The company introduced new capabilities to provide web-based ad hoc query capabilities and a comprehensive metadata layer.
Community Investment, Recognition, and Partnerships
- Pentaho's community developer forums were integrated, bringing together more than 10,000 registered users from more than 120 countries.
- SourceForge.net selected Pentaho as Project of The Month for October 2006, recognizing Pentaho's leadership, innovation, and the strength of Pentaho's global community.
- Google Code featured Pentaho's innovative, AJAX-based integration with Google Maps.
- Entiva Group recognized Pentaho as the leader in open source business intelligence.
- The company initiated important new partnerships with leading firms including IBM, Optaros, and Satyam.
- Demand for Pentaho's open source projects drove more than 300,000 downloads during the quarter.
"A growing number of organizations are responding to the benefits of Pentaho's professional open source model," said Richard Daley, CEO of Pentaho. "In 2007, Pentaho will
continue to drive significant investment in our open source community and offerings, deliver customer success, and demonstrate tremendous growth in open source BI based on the
advantages that our model delivers to customers."
About Pentaho
Pentaho provides a full spectrum of business intelligence (BI) capabilities including reporting, analysis, dashboards, data mining, data integration, and a BI
platform that have made it the world's most popular open source BI suite. Formed by a highly experienced team of industry veterans, Pentaho's mission is to bring
innovative, high quality technology and professional support to the BI market. Pentaho uses a revolutionary approach to development, distribution and support
made possible by a professional open source business model. Pentaho is the primary sponsor and owner of popular open source projects including JFreeReport, Kettle,
Mondrian, and Weka. Pentaho's technologies support a wide range of business initiatives from sales and profitability analysis, customer analysis, HR reporting,
financial reporting, KPI dashboards, supply chain analytics, and operational reporting. For more information, visit www.pentaho.com.
For more information on Pentaho: Pentaho's web site is located at www.pentaho.com
Press Contact:
Tony Keller
S&S Public Relations
719-634-8279
tony@sspr.com
2700 Patriot Blvd., Suite 430
Glenview, IL 60026
Pentaho Company Contact:
Veronica Quinones
Pentaho Corporation
407-812-OPEN (6736)
vquinones@pentaho.com
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