NEW YORK, NY -- (Marketwired) -- 05/02/14 -- Information Builders, a leader in business intelligence (BI) and analytics, information integrity and integration solutions, today announced that it was ranked as a top vendor in this year's Dresner Advisory Services Wisdom of Crowds® Collaborative Business Intelligence Market Study.
The 2014 report analyzed the 17 vendors with the industry's strongest collaborative BI capabilities, as reported by users. The vendors were ranked based on their complete core and extended collaborative offerings, which included annotation features, collaboration via mobile devices, and the ability to review key processes. Information Builders was recognized for these product functionalities as well as numerous others, including the capability to co-author BI objects, share commentary with other users, and the enablement of both structured and ad hoc workflow.
In addition to ranking leading vendors, the third annual Wisdom of Crowds Collaborative BI Market Study also analyzed the state of the collaborative BI market via data collected from 882 users across a range of industries and geographies. The study found that 60 percent of respondents consider collaborative capabilities to be "important," "very important," or "critical." In fact, in this year's report respondents prioritized collaborative BI ahead of functions such as big data and social media analytics. From a sector perspective, the technology, financial services, and healthcare industries ranked collaborative BI higher than other verticals.
"Active collaboration drives businesses forward, enabling companies to thrive in today's crowded and competitive landscape, and organizations across many sectors depend on comprehensive BI tools to facilitate that collaboration," said Howard Dresner, founder and chief research officer of Dresner Advisory Services. "Vendors should incorporate these elements into their offerings to promote effective use among their customer and partner communities."
"The 2014 Wisdom of Crowds Collaborative BI study highlights the importance of promoting collaboration in business not only among employees, but also with key external groups such as partners and customers," said Gerald Cohen, president and CEO of Information Builders. "Information Builders has long advocated for sharing information capital with a broad set of internal and external stakeholders; a stance which is supported by our commitment to providing tools and apps that support collaborative, team-based business processes. Our inclusion as a top collaborative BI vendor in the Dresner Advisory Services report is testament to that effort and to our ongoing dedication to providing our users with top-of-the-line BI and analytics technology."
Access the complete 2014 Dresner Advisory Services Wisdom of Crowds Collaborative BI Study today.
About Dresner Advisory Services
Dresner Advisory Services was formed by Howard Dresner, an independent analyst, author, lecturer, and business adviser. Dresner Advisory Services, LLC focuses on creating and sharing thought leadership for business intelligence (BI) and related areas. More information can be found at www.dresneradvisory.com.
About Information Builders
Information Builders helps organizations transform data into business value. Our software solutions for business intelligence and analytics, integration, and data integrity empower people to make smarter decisions, strengthen customer relationships, and drive growth. Our dedication to customer success is unmatched in the industry. That's why tens of thousands of leading organizations rely on Information Builders to be their trusted partner. Founded in 1975, Information Builders is headquartered in New York, NY, with offices around the world, and remains one of the largest independent, privately held companies in the industry. Visit us at informationbuilders.com, follow us on Twitter at @infobldrs, like us on Facebook, and visit our LinkedIn page.