Predictive analytics company, Blue Yonder, has been ranked as the fastest-growing business intelligence company in Germany by the Business Application Research Center.
The software provider won the top spot over 250 competitors in the area of BI and data management. Thanks to a growth in software sales of 175% compared with the previous year, Blue Yonder’s growth in 2012 was pivotal to gaining first place in the survey.
“Predictive analytics and business analytics are currently experiencing constantly growing demand as a market segment. Enterprises increasingly see the ‘key’ to their decision-making in their data. Blue Yonder’s way of representing industry-specific applications for automated mass data decision-making is very interesting and clearly separates the company from the competition,” said Carsten Bange, BARC’s managing director.
Blue Yonder’s intelligent predictive analytics software analyses big data and has a self-learning approach. This dynamic solution can thus adapt to new relationships and precisely recognize patterns in structured and unstructured data enabling decisions can be automated, en masse.
As part of its annual market analysis survey, BARC recognises the company with the biggest growth in software sales.
In addition, of the 250 current active providers of BI and data management software in Germany, all 57 firms with a software sales volume of over one million euros were the subject of the comprehensive analysis.
The survey provides companies with relevant information for decision-making, which gives them greater investment confidence in purchasing.
“We are very happy to be honored as the fastest-growing BI company. It confirms that our market strategy is right and is an added incentive for us to constantly invest in customer-focused and innovative technologies as well as to continually develop our solutions,” said Uwe Weiss, Blue Yonder’s chief executive officer.
Blue Yonder featured in a recent Global Trends article exploring new technologies in fresh foods retailing in NACS Magazine (NACS is the Association for Convenience & Fuel Retailing), written by Fiona Briggs. Visit GlobalTrends.pdf