ibi Closes Q1 2019 With Fortified Foundation for Future Success

May 7, 2019

Highlights Include Appointment of New CEO and Launch of New Global Partner Program

 

New York, NY

 

Information Builders (ibi), a leader in business intelligence (BI), analytics, and data management solutions, today announced the close of a strong Q1 2019, which was marked with recognition in seven industry programs and several key announcements that fortify the company’s foundation for future success, including the appointment of Frank J. Vella as chief executive officer and the unveiling of the company’s new Global Partner Program.

 

 

Frank J. Vella Appointed CEO
To kick start 2019, ibi announced the appointment of Frank J. Vella as CEO, succeeding the company’s original visionary and founder Gerald D. Cohen. An accomplished global technology leader, Vella is charged with driving growth, building on an established customer-focused culture, and leading the company to capitalize on emerging market opportunities and new innovations.

Vella also spearheaded the effort to unite the core product families of data integration (Omni-Gen™) and analytics (WebFOCUS) into one division for an end-to-end, highly scalable data and analytics platform. This organizational shift is designed to streamline operations and accelerate the company’s innovation roadmaps, strengthening its value proposition as an end-to-end provider of data solutions.

 

New Global Partner Program
In January, ibi also unveiled a new Global Partner Program, purpose built to provide partners with the benefits needed to drive profitability and success in the data and analytics market. With it, channel partners have access to resources and economic incentives to help them generate new revenue streams through creating, building, and selling products and projects that leverage ibi’s highly scalable data management and analytics solutions.

 

Financial Performance
In addition to laying a strong foundation for future success, ibi continued to demonstrate strong financial performance in Q1 2019, expanding relationships with existing customers and welcoming numerous new logos to the company’s global customer portfolio. During the period, ibi again realized a double-digit, year-over-year growth in software bookings and exceeded its overall financial objectives.

 

Industry Recognition
Throughout the quarter, ibi employees and its solutions were recognized for exceptionalism, such as Director of Market Intelligence Lyndsay Wise who was named in DataIQ’s 100, a curated list of the most influential data and analytics practitioners.

Other industry report and award recognitions include:

 

Frank J. Vella, chief executive officer, ibi, said:
“The year 2018 was pivotal for ibi, and we aren’t ready to slow down. This quarter was about laying a foundation for future success with our strategic partners in the channel and continuing to deliver the innovative solutions our customers have come to expect. Moving forward, our team is excited to build on the momentum we’ve achieved thus far to make 2019 our best year yet.”

Visit our website to learn how ibi’s scalable BI, analytics, and data management solutions can help drive performance for your organization.

 

About ibi

ibi is a data and analytics company that embeds intelligence into ― everything. From the beginning, ibi has known the importance of data and insights to make better decisions. We help organizations get their complex and disconnected data in order, so they can build, embed and automate intelligence in everything they do. By preparing organizations for the future and turning them into builders ― information builders, everyone can use enterprise-trusted data at scale to drive their growth. Whether our customers use pre-built applications or build their own solutions for their data and analytics challenges, ibi powers their innovation and reinvention. ibi’s open platform and industry-specific building blocks accelerate speed-to-market, improve operational efficiency, and enhance their customers’ experience.

Contacts

 

ibi
Michael Kornspan
(917) 339-5734
Michael_Kornspan@ibi.com


Highwire PR
Holly Langbein
(916) 769-2199
ibi@highwirepr.com