RCS - GoodData - GoodData Wraps Up 2024 With Record-Breaking Q4

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RNS Number : 4611T  GoodData  15 January 2025

GoodData Wraps Up 2024 With Record-Breaking Q4, Fueled by Pioneering
Innovations

GoodData experienced a transformative year in 2024, achieving its strongest
fourth quarter to date, marked by 30% annualized growth, robust customer
acquisition, and groundbreaking advancements in AI-powered product offerings.

SAN FRANCISCO, CA / ACCESSWIRE / January 15, 2025 / GoodData, a leading
AI-assisted data analytics and business intelligence platform, continues to
redefine the future of BI, AI, and analytics with exceptional growth and
cutting-edge product advancements in 2024.

Record-Breaking Growth: Surging Demand and Expanding Customer Success

The company closed 2024 with 10x ARR growth of GoodData Cloud, capped off with
an exceptional Q4, seeing 30% annualized growth and net new revenues
increasing 80% year over year.

"We entered Q4 with high expectations, and our results speak for themselves,"
said Roman Stanek, CEO at GoodData. "This level of growth is a testament to
our team's dedication to our customers in building successful, end-to-end
analytics programs. With the increasing demand for modern analytics solutions,
an expanding customer base, and a strong pipeline, we are well-positioned for
a successful 2025."

Q4 2024 marked a period of significant expansion for GoodData, reflecting the
increasing demand for its cloud analytics platform. The company secured 19 new
logos, reinforcing its position as a trusted provider of scalable and
AI-powered analytics solutions. In addition, GoodData exceeded expectations in
deal expansions, with nearly 25% of customers increasing their investment.
These figures underline customers' confidence in GoodData Cloud and the impact
of its customer-facing teams in driving customer success.

"Working with GoodData feels like a teaming approach - it's not just a case of
'send us a ticket, and we'll get round to it.' Our engineers collaborate
closely with GoodData's engineers to resolve issues. This kind of cooperation
is truly excellent, particularly when you compare it to the service offered by
alternatives," says Baz Khuti, Founder & CEO at Sustain360°™.

Sustain360°™'s manual, labor-intensive inputs have been replaced with
AI-powered automation, giving them a 3x reduction in cost. Sustain360°™ has
also been able to roll out aggregate reports and dashboards twice as quickly
with GoodData's scalable and repeatable configurations, without the need for
custom code.

Considerable Product Innovations and Achievements Fuel Company Tipping Point

FY24 saw several major product launches with more than 70 new features
delivered throughout the year, solidifying GoodData's position as a
developer-friendly, high-performance analytics platform. Key innovations
include:

·      API-first developer tools: Upgraded SDKs, IDEs, and plugins for
seamless integration.

·      50% faster data insights: Speed enhancements for real-time,
AI-driven analytics.

·      7 new database connectors & unlimited connections with
FlexConnect: Native support for MotherDuck, ClickHouse, Oracle, MariaDB, and
more; plus FlexConnect-a build-your-own connector feature for ultimate
flexibility.

·      Enhanced storytelling and dashboard interactivity: New
capabilities such as saved views, cross-filtering controls, visualization
switcher, and visual storytelling to improve user experience.

·      Global reach with 15+ supported languages: Including Cantonese,
Finnish, and more, making analytics accessible to users worldwide.

·      Enterprise-grade security: New authentication methods such as M2M
authentication, enhanced permissions, and seamless SSO, ensuring security
without compromising ease of access.

Set for Continued Success in 2025

GoodData is poised for sustained growth heading into the new year, with an
expanding market presence, an innovative and high-performance product, and a
growing team. The company is making significant investments in talent,
expanding its team across the U.S. and Europe to better support its increasing
number of customers and drive continued success.

About GoodData

GoodData is the leading cloud-based data and analytics platform, empowering
organizations worldwide with AI-assisted, data-driven decision-making. With a
comprehensive product suite comprised of three distinct pillars - BI, AI, and
Analytics Lake - its end-to-end, composable platform enables businesses to
design and deploy custom data applications and seamlessly integrate
AI-assisted analytics wherever their users need them.

Founded in 2007, and with offices in both the U.S. and Europe, GoodData serves
over 140,000 of the world's top companies and 3.2 million users, helping them
drive meaningful change and maximize the value of their data.

For more information, visit GoodData's website (https://pr.report/60ez) and
follow GoodData on LinkedIn (https://pr.report/60ew) , YouTube
(https://pr.report/60ex) , and Medium (https://pr.report/60ey) .

GoodData Contact

Kristyna Vlckova,

VP, Growth Marketing

kristyna.vlckova@gooddata.com

©2025, GoodData Corporation. All rights reserved. GoodData and the GoodData
logo are registered trademarks of GoodData Corporation in the United States
and other jurisdictions. Other names used herein may be trademarks of their
respective owners.

SOURCE: GoodData

 

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