Information Builders records growth in ARR in 2019

Much of this has been attributed to ARR growth in cloud offerings from Information Builders quadrupling over the course of the year, as well as cloud customers nearly tripling.

This announcement follows the recent release of the data and analytics provider’s cloud-first WebFOCUS platform and increased interest in cloud from new and existing customers.

Additionally, overall ARR growth continued in North America, with the company’s services particularly gaining traction within property and casualty insurance, governmental, banking and healthcare sectors.

“Our performance in 2019 is a testament to the trusted relationships we have with our customers and the passion and expertise our employees bring to work every day on their behalf,” said Frank J. Vella, chief executive officer at Information Builders.

“We’re going all in on cloud, continuing to invest in leadership, and hiring the best talent.

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“We are excited to lead the data and analytics category through the next decade and beyond.”

Executive appointments

Information Builders also made several appointments and changes to its leadership team over 2019 and 2020, including:

  • Frank Brunetti, promoted to chief financial officer
  • Brian Doheny, promoted to senior vice-president, global head of sales and channel
  • Keith Kohl, appointed as senior vice-president, product management
  • Rich Hall, promoted to vice-president, North American sales

Awards and recognition

Along with ARR growth over the past year, Information Builders won 21 industry awards in 2019, including the National Association of State Chief Information Officers (NASCIO)’ 25-Year Longevity Award, and the Best BI Solution Award at the Database, Trends and Applications (DBTA) Readers’ Choice Awards.

Additionally, the company was recognised as a top vendor in the European Business Application Research Centre (BARC)’s BI Survey 2019, receiving top marks across three peer groups for the sixth year running.

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Aaron Hurst

Aaron Hurst is Information Age's senior reporter, providing news and features around the hottest trends across the tech industry.