SAN FRANCISCO, Feb. 14, 2018 (GLOBE NEWSWIRE) — GoodDataⓇ, the leader in embedded and distributed analytics, has been awarded a patent for its multi-tenant platform, which distributes analytical applications to multiple customers. The patent aligns with GoodData’s efforts toward providing data-driven insights and automation at the point of work through Smart Business Applications. As the world of BI moves toward embedded analytics, this patent is a key proof point of the company’s innovation and expertise in consolidating, transforming, and distributing actionable data to help frontline workers with their daily decision-making processes.
“Before this achievement, we had always patented a specific component or algorithm,” said Roman Stanek, CEO and co-founder of GoodData. “This patent demonstrates not only the value and expertise that we bring to the table, but also the foresight we’ve had to recognize embedded analytics as an essential area of interest over 10 years ago. We’ve designed our platform from the ground up to easily distribute actionable insights to a large number of users, which gives us an important competitive advantage.”
Rather than creating an extra implementation for each customer, the company is able to deliver a custom-branded analytical application through its patented platform in which all resources are multi-tenant. GoodData can retrieve data from multiple customers, consolidate the data (segregated by customer) in the platform, and deliver it to each private customer space where it is made available for customizable and branded analytical applications.
“Introducing a new implementation for each customer can be expensive, time-consuming, and difficult to maintain,” said Zdenek Svoboda, Vice President, Platform, and co-founder of GoodData. “With this patent, we’ve consolidated these multiple iterations into one platform, which can be rolled out to a large number of business users all with a single line of code or an API call.”
GoodData is the first to patent this combination of multi-tenant platform and custom applications. By patenting the approach and platform it uses to solve critical business problems, the company has ensured that it will continue to be a pioneer in embedded analytics and analytical applications.
GoodData provides an integrated set of data management, analytics, and insight application development and management tools as the leading platform in the Systems of Insight category. We focus on enterprise-wide data democratization by delivering actionable insights at the point of work and embedding into applications and workflows so business users can spend time doing what they do best rather than performing data discovery.
More than 50 percent of the Fortune 500 are using GoodData to achieve actionable insights. GoodData is headquartered in San Francisco and is backed by Andreessen Horowitz, General Catalyst Partners, Intel Capital, TOTVS and others. For more information visit our website and follow GoodData on Twitter and LinkedIn.
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