GoodData Strengths, Domain Expertise, and Key Differentiators
GoodData is a cloud-based business intelligence platform that delivers progress analytics in real-time. With their integrated suite of tools and applications, users across departments have access to critical metrics, giving visibility over sales, marketing, social, and customer service efforts. GoodData's analytics platform gives organizations the flexibility to build and scale analytics throughout the entire business ecosystem. As a result, it allows companies like Target, Discovery International, and Zendesk to deploy engaging data products guided by GoodData's expertise.
GoodData Recent Developments
In May 2020, GoodData launched a new web-based logical data model (LDM), modeler. The new LDM modeler brings new capabilities and tooling and enables the simplification of data modeling when starting a new data product or extending existing enterprise reporting.
In April 2019, Elevated Resources and GoodData Corp introduced ELEVATE Analytics, an in-app reporting solution that gives customers visibility into their contingent talent management process metrics, spends analytics and workforce intelligence. The solution’s underlying platform is powered by GoodData and provides comprehensive demand and supply analytics across the enterprise and makes interactive reports directly accessible within the ELEVATE platform. ELEVATE Analytics gives customers an enhanced level of analysis and reporting on how well their contingent talent acquisition processes are supporting business talent needs, where and how spend is being consumed, and provides detailed comparisons of talent spend across the talent supplier base.
In January 2019 GoodData expanded its comprehensive security framework with Enterprise Shield. This framework offers multiple levels of security compliance, reviews, and reporting to ensure the most sensitive data are rigorously protected. Enterprise Shield enhances trust, improves transparency, and enables better compliance and governance for companies of any size. With three levels to choose from, customers can select the best support for their business and data requirements.
GoodData Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying GoodData applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of GoodData and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified GoodData Platform customers.
GoodData Overview
Ownership: - GoodData is backed by Andreessen Horowitz, General Catalyst Partners, Intel Capital, TOTVS, and others.
Number of Employees: 400
Functional Markets: Analytics and BI, PaaS,
Key Verticals: Banking and Financial Services, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Professional Services, Retail,
GoodData Key Enterprise and Cloud Applications
GoodData Platform
GoodData Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
GoodData Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
GoodData Enterprise Applications Revenues By Functional Markets, $M:
GoodData Enterprise Applications Revenues By Verticals, $M:
GoodData Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
GoodData Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
GoodData Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified GoodData Customers
No. of GoodData Customers: 140000
No. of GoodData Enterprise Applications Customers: 140000
No. of GoodData Cloud Customers: x
No. of GoodData Cloud Subscribers: 2 Million
With 140,000 businesses, over two million users, and a massively scalable, secure & high-performance Insights Platform-as-a-Service, GoodData offers the transformational technology and expertise to operationalize intelligent decisions within business applications and business processes. GoodData had remarkable customer acquisition growth. It works with the largest financial services companies in the Fortune 500, including Visa, three of the ten largest EdTech companies, and several large global HR and AdTech companies, including a record-setting $14 million contract. Among their other customers are: Zendesk, Bypass, EmeraldCube, FCm Travel Solutions, Fourth, HIMSS Analytics, ServiceChannel, Broadridge and many others.
GoodData Market Opportunities, M&A and Geo Expansions
In July 2021, GoodData received a $45 million credit facility from J.P. Morgan. GoodData will use this new financing to grow its global sales and engineering teams while investing in building solutions for modern, enterprise-grade analytics. The credit facility comes on the heels of significant momentum, after GoodData experienced 9x recurring revenue growth, and made an investment and strategic partnership with well-known digital payment provider Visa.
As the industry began to migrate to a cloud-native future, GoodData architected and launched an entirely new, modern platform in 2021, called GoodData.CN. Unlike the monolithic and batch-oriented business intelligence solutions from the past decades, GoodData.CN represents the next step in the company’s ongoing innovation to bring automated, real-time analytics into the 21st century.
In December 2020, GoodData, a global analytics company, has opened a new European data center in Frankfurt, Germany. Due to Germany’s unmatched reputation for stringent data security standards, the company chose Frankfurt as an ideal location. The new data center will expand GoodData’s international presence and ensure continued alignment with regulatory best practices.
GoodData Risks and Challenges
With its early successes, GoodData's near-term challenges include expanding into international theaters and the midmarket across different verticals while opening up its BI platform for large-scale OEM adoptions.
Long-term issues cover everything from data integration, search enhancements as well as a more liberal use of BI to help solve everyday's decision-making chores from rerouting daily commute to shopping assistance.
GoodData Ecosystem, Partners, Resellers and SI
In May 2020, GoodData has unveiled an investment and strategic partnership with Visa; bringing its total funding to date to over $115 million. With this partnership Visa is looking to provide access to aggregated data and analytics to clients and partners, while GoodData will use the investment to add new insight services to existing offerings, and develop entirely new business models. Among its embedded analytics partners are: Get Satisfaction, CourseSmart, ServiceChannel, Switchfly, B Corporation, Zendesk, Allocadia, and among implementation partners are: Keboola and ACR Analytics, and at last its technology partners include: Semantria, Okta, Salesforce, CloverETL, Box, TOTVS.
In March 2019 GoodData has partnered with Vertica, an analytical database from Micro Focus built to provide the broadest range of deployment models, to continue the company’s mission to provide flexibility and openness with their embedded analytical applications.
GoodData Cloud Infrastructure Insights
Subscribe to read more about:
- GoodData Public Cloud and Infrastructure (IaaS)
- GoodData Platform (PaaS)
- GoodData Application Delivery
- GoodData Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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