Newly acquired Host Analytics has announced its 4th quarter “sales” results. The Enterprise Performance Management (EPM) vendor had record sales in the quarter. It was the fourth quarter of record growth. However, it didn’t release revenues or an actual revenue growth percentage. Instead it preferred to boast: “an average deal size increased at a rate of more than 60 percent and net new logo’s increased by 70%.“ and “For the fiscal year 2018, the company achieved four consecutive record quarters with the highest annual recurring revenue and net new business bookings.”
The vendor was recently acquired by Vector Capital. Ron Baden, interim Chief Executive Officer at Host Analytics commented: “The momentum Host realized in Q4 2018 reflects both the investments we’ve made in our products and the strength of the team we’ve assembled. It shows that both new and current customers are excited about what we’re offering, and further proves the value our customers realize from using Host solutions. We couldn’t be prouder of our entire team, and we are excited to continue this momentum into 2019 and beyond.”
Enterprise Times: What does this mean
As no revenue figures or even a growth percentage was released in this announcement it is hard to quantify the actual success that Host Analytics has had. An increase could merely mean 1.1% through 1.4% over the year for example. Though it is likely to be much higher than that. With the Vector Capital Investment further growth, assuming that there is investment in the company, should follow. What it did share is that it won new customers in Peloton Interactive and American Express Global Business Travel
