ibi, a leading provider of business intelligence and data management solutions, today announced that it was ranked as a Leader in the 2023 Dresner Advisory Services Wisdom of Crowds® Business Intelligence (BI) Study. ibi improved its position in the Customer Experience model this year as an Overall Leader, ranked as a Trust Leader in the Vendor Credibility Model, and maintained a perfect score for likelihood to recommend. In addition to the Wisdom of Crowds Survey, ibi was named a Leader in the Dresner Cloud Computing and Business Intelligence Market Study Report released in March.
“We’re committed to our customers and to the evolution of our business analytics solutions,” said Vijay Raman, vice president, products and technology, ibi, a business unit of Cloud Software Group. “ibi’s ranking in this year’s market study report demonstrates that the investments we make in WebFOCUS and our business are well received by the market and meet the needs of our customers.”
The study found that the top objective for businesses using BI solutions is better decision making, followed by improving operational efficiency, cost savings, and revenue growth. According to the study, the top three BI initiatives for businesses are data security, data quality, and reporting, while sales planning and performance management, collaborative support for group-based analysis, and location intelligence continued to gain importance overall.
In this year’s study, ibi WebFOCUS®, a cloud-native enterprise BI and analytics solution platform that delivers data management, predictive analytics, and powerful visualizations, scored above the overall sample for most measures, with key improvements in product measures and a number of sales, technical support, and consulting measures. WebFOCUS® helps make data-driven decisions across the enterprise, providing reports, dashboards, and customer-facing applications at scale.
“We congratulate ibi on their strong placement in this year’s study,” said Howard Dresner, founder and chief research officer, Dresner Advisory Services. “This year’s study shows that the BI market remains strong, with a majority of organizations indicating an increase in their BI budgets.”
Learn more about ibi WebFOCUS the Dresner Advisory Services Wisdom of Crowds Business Intelligence Study.
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