FREIBURG, Germany and BOSTON, July 1, 2015 /CNW/ - Following several years of strong, double-digit growth, Jedox is now expanding its U.S. business. The leading vendor of Business Intelligence and Corporate Performance Management software has recently signed contracts with two publicly listed companies as well as new partners in North America. The German software vendor, which has also opened a new subsidiary, Jedox Inc., in Boston, Massachusetts, will continue to drive its international expansion. More than 1,700 companies worldwide currently use its innovative solutions for enterprise planning, analysis and reporting.
Aside from its size and legal framework, the U.S. is an attractive market for Jedox due to its high acceptance for innovative SaaS solutions and demand for flexible, self-service corporate performance management solutions. Through its spreadsheet-like user interface and various roll-out options both in the cloud and on premises, the unified Jedox Suite provides compelling arguments for CFOs, IT professionals and business users alike. Fast implementations and minimum administration also deliver a fast return on investment. "Jedox Inc. has been able to win license contracts for over 1,000 Jedox users at a leading U.S. facility management company as well as a technology vendor listed on the NASDAQ," explained Dr. Rolf Gegenmantel, President Jedox Inc. "This confirms our solid positioning against international competitors as well as the need for Jedox on the U.S. market."
Through its strong market positioning, Jedox has also won new business partners in the region. Following its recent establishment in the Northern American market, Jedox has already recruited additional resellers and consulting partners, whilst strengthening its existing partnerships with leading BI consultancies, including Northwest EIS-OLAP, Abraneo Technologies and Intricity. Through the Jedox Partner Conference hosted in Boston this past January and its current North American roadshow, the company continues to strengthen its regional ecosystem even further.
"The targeted expansion of Jedox Inc. is a major part of our international growth strategy," explains Jedox CEO Kay-Ingo Greve. "The U.S. market for BI and planning solutions has enormous potential, which we can tap through our widespread partner network and new Boston office. With our leading 'made in Germany' technology platform, Jedox is well positioned as a serious market contender."
Dr. Rolf Gegenmantel heads the U.S. expansion with an experienced team of sales and consulting experts. The 20-year veteran in the BI and CPM sector has already served in senior management positions for other BI vendors in North America. "We have an excellent starting position for our expansion in the Americas," he stated. "Jedox has established a partner network with successful customer projects and serves multiple international clients that already use Jedox in the United States. With our regional presence, we can build on this foundation to strengthen our relationships, support and services for customers and partners alike."
Jedox's unified planning, analysis and reporting empowers decision-makers from finance, sales, purchasing and marketing. Jedox helps business users work smarter, streamline business collaboration, and make insight-based decisions with confidence. Our design approach is transforming how organizations plan. Already, 1,700 companies in 127 countries are using Jedox for real-time planning on the web, the cloud, and on any device. Jedox is a leading Business Intelligence and Corporate Performance Management solutions provider, available globally through over 180 certified business partners. Learn more about Business-Driven Intelligence at: http://www.jedox.com
SOURCE Jedox AG
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