Pentaho Soars with Second Straight Record QuarterSuccesses Include 177 Percent Increase in Enterprise Edition Customers, Launch of Industry-changing Product, Explosion in New OEM PartnersOrlando, FL, April 21, 2010 – Pentaho Corporation, the open source business intelligence (BI) leader, today announced its strongest quarter yet. Compared to Q1 2009, Pentaho had a 177 percent increase in new Enterprise Edition customers. Q1 2010, the second straight record quarter, also saw a record number of new OEM partners and the introduction of the revolutionary Pentaho Data Integration 4.0. With a rapidly growing number of Enterprise Edition subscription customers and SaaS partners including newly announced Swissport, Fidelitone Logistics, SmartLead by AdTrack and High Touch, Inc., among others, Pentaho remains the premier provider of commercial open source BI and data integration solutions. But the company's recognition doesn't stop there. Pentaho received further endorsement this quarter, successfully going toe to toe with IBM and SAP in February's "Developing Your BI Tool Strategy and BI Bake-Off" at TDWI World Conference Las Vegas. NEWS SUMMARYCustomer AdoptionIn addition to the 177 percent Enterprise Edition customer increase, Pentaho had a 229 percent growth in total bookings from Q1 2009 to Q1 2010 and finished Q1 2010 with the most successful quarter in company history for the second quarter in a row. This figure represents customers that have purchased an annual subscription to Pentaho Enterprise Edition products, not simply product downloads or the purchase of documentation, training or per-incident support. A sampling of the Enterprise Edition customers signed in Q1 include:
Deep Management Bench QUOTES AND MULTIMEDIA“The power, flexibility and maturity of Pentaho’s commercial open source BI suite makes it the perfect choice for organizations looking for a competitive edge as they take advantage of the economic recovery,” said Richard Daley, founder and CEO of Pentaho. “With our Agile BI initiative and revolutionary products like Pentaho Data Integration 4.0, we now stand alone, offering the only comprehensive BI solution that delivers dramatically faster time to value. Only Pentaho enables developers and business users to work together to build, validate, adapt and deploy applications quicker than ever before.”Multimedia elements such as headshots, screenshots and demonstrations can be found in Pentaho’s digital newsroom.
About Pentaho CorporationPentaho Corporation is the open source business intelligence leader. Thousands of global organizations deploy Pentaho software to make faster and better business decisions that positively impact their bottom lines. Pentaho provides a comprehensive BI suite that includes capabilities for data integration/ETL, modeling, data mining, analysis, reporting and dashboards. The Pentaho BI suite supports the company’s Agile BI initiative, which enables organizations to build BI applications more quickly, respond to business changes more easily and expedite time-to-value for up to 90% less cost than traditional BI vendors. Pentaho was founded in 2004 and is headquartered in Orlando, FL, USA. For more information, visit www.pentaho.com.Pentaho Media ContactUS & WorldwideEastwick Communications 650 480-4054 Pentaho@eastwick.com Europe Positive Marketing Paul Maher Office: +44 7900 600013 | Direct: +44 5600 9210120 contact@positivemarketing.org
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