Indicee Announces 400% Customer Growth in Fourth Quarter
Company Processes More Than 1 Million Users Monthly, Crediting Social
Business Momentum for Success
VANCOUVER, BC -- (Marketwire) -- 01/29/13 -- Indicee, Inc.
("Indicee"), the leading cloud business intelligence platform for
business users, today announced record-breaking results for the
fourth quarter of the company's fiscal year, ending December 31,
2012. The company announced customer base growth of more than 400
percent, including many Fortune 500 companies, during the quarter.
-- Customer growth of 400%
-- Year-on-year revenue growth of 170%
-- Processing of 1.1 million social business users per month
"Indicee had a phenomenal year in 2012. Much of our growth in the last
two quarters has been as a result of our partnership with
salesforce.com and the launch of our social business analytics
applications," said Mark Cunningham, Founder & CEO, Indicee. "As the
social business movement gains momentum, many enterprises want to
understand how social tools and strategies are impacting the
bottom-line. We have been working with hundreds of organizations,
including many of the Fortune 500, and it's exciting to see the
emerging correlation between companies engaging with social business
tools and improved sales performance."
The Indicee Analytics applications are built on Indicee's cloud-based
business intelligence ("BI") platform. Company officials point to
strong market acceptance of both cloud-based analytics and social
business tools, combined with the underlying technology provided by
the Indicee platform, for their current success. Customers include
Brown-Forman, Talent Plus and Medtronic.
"We chose Indicee because it was flexible enough to tailor our
adoption dashboards for our unique implementations of Salesforce and
Chatter," said Kyle Irestone, Sales & Marketing Program Manager at
Medtronic. "It opened my eyes to Indicee as more than just a tool for
Chatter, but as a business intelligence platform that can be embedded
inside of our Salesforce environment. [...] We can present key usage
metrics to our corporate management, field management and the field
itself. Indicee is kind of a Swiss Army Knife of measurement that
helps us to establish a baselin
e that we can constantly refer to."
"We set out to build a BI service that anyone, including business
users, can use to get to the information they need to make
decisions," said Cunningham. "We're making extremely fast progress
towards this goal in the social business analytics space and we're
excited to be working with companies such as Medtronic to help
managers access, analyze and action their social business KPIs."
To read more about the company's successes in 2012, visit Indicee's
Year in Review blog post.
Indicee's cloud business intelligence (BI) platform was built from
the ground up by industry visionaries from Crystal Services and
Business Objects. By leveraging the power of the platform, the
Indicee team is transforming BI for social businesses.
Backed by Granite Ventures and Yaletown Ventures, the company's
accolades include: SIIA 2012 NextGen Cloud Company Winner, TIA Most
Promising Startup, and Under the Radar Winner.
For additional information, go to http://www.indicee.com or find
Indicee on Twitter @indicee
+1 415 359-7322
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