We've received a lot of fantastic feedback from industry analysts about Yellowfin and where we're going as an organization. There are three in particular that have come out recently and made me really proud of what we’ve achieved.
The answer to creating an inclusive data culture is in your hands. At Yellowfin, we firmly believe that organisations are far more successful when all their people engage with data. And whilst this has always been the goal of organisations on their journey to being “data-led”, the reality is most are still a long way off. For this to happen, all decision makers need access to insights, in a way that they can understand, not just the data analysts.
We've got a brand new mobile application coming now out and lots of people have been asking me what’s in it. To be honest, it's much easier to tell you what's not in it - and that’s dashboards and reports. I can hear you saying, ‘How can an analytics vendor have a mobile app with no dashboards or reports?’ But the truth is no one really uses a mobile app to view dashboards or reports. It's the wrong format for looking at a clunky dashboard or detailed report.
Hidden treasure holds a deep fascination and the promise of great wealth. Did you know that there are still dozens of significant treasure hauls still waiting to be found across the globe? Gold bars and coins, pearls, jewels, and precious artifacts. Then there’s Forrest Fenn’s treasure (he’s still alive today). Fenn has buried his Pompeiian artifacts and other treasures worth approximately $2 million in the mountains north of Santa Fe, New Mexico.
Our decision to change from a perpetual licence model to subscriptions was one of the great naive moments in Yellowfin’s history. It was about eight years ago and we had great sales growth but it was getting harder to start from scratch every year and sell more perpetual licenses. At the same time, our maintenance business was growing so we decided to flip our model and sell subscriptions. It seemed like a good idea at the time as none of our competitors were selling subscriptions.
Yellowfin 8.0.2 is now available and with it brings an assortment of enhancements and fixes. A major area of focus in this release (and for the rest of 2019) is overall performance within the analytics suite.
We’ve got a lot of customers in the healthcare space. It’s a really interesting space to be in from an analytics perspective because our customers are based across the world and have a wide variety of use cases - from financial administration all the way through to hospital performance and risk metrics.
It’s no secret that, despite the huge movement toward sustainable living, we just can’t live without some things being instant. One such crutch for students worldwide and most of Asia’s young adult population (also the entire American prison system) are the ubiquitous instant noodles. 100 billion servings are eaten every year. It’s convenience in a cup.
Recently I was in the US and people were just blown away when I told them about the success of our business in Japan. Our Japanese business grew nearly 40% last year and this year is shaping up to be great as well, but it’s not something that has happened overnight. The reality is that it’s tough to do business in Japan and it’s taken us over four years to get it right.
Melbourne, 06 August 2019 - Yellowfin, a world-leading and innovative analytics vendor, has been named Leader by Enterprise Management Associates (EMA) in the research report ‘Innovation in the Use of Artificial Intelligence and Machine Learning for Business Intelligence’. EMA selected Yellowfin as an innovation leader as the analytics suite featured eight of the ten AI-enabled capabilities evaluated in the report and best aligned with today’s customer priorities and pain points.
