NEW YORK--(BUSINESS WIRE)--Sisense, disrupting the BI market by simplifying business analytics for complex data, today announced that it will be launching ‘Sisense Startup.’ The program will offer qualifying early-stage startups complimentary licensing of Sisense’s market-leading analytics technology to embed in their application or solution. Participation in Sisense Startup is exclusively limited to innovative startups that have a direct affiliation with Sisense program partners such as Web Summit, Bessemer Venture Partners, DFJ and Battery Ventures. The program is expected to expand to include additional incubator programs and VCs in the upcoming months. Sisense will be kicking off the program at Web Summit’s Collision Conference in New Orleans, May 2-4, 2017.
Those accepted into the Sisense Startup program will join the Sisense community - from startups to top-tier global enterprises - that are growing their businesses through the use of embedded analytics. In a recent Aberdeen study, 73 percent of those surveyed indicated that embedded analytics is key to differentiation and competitive advantage. Sisense is enabling startups to capitalize on this opportunity by helping them rapidly and easily deploy industry-leading business analytics to ultimately drive customer value and adoption. Sisense’s unique In-Chip™ software and full-stack platform eliminates the need for significant IT budgets and resources to analyze and prepare complex data and turn them into revealing insights, thus shortening time to market - a critical factor in the success of early stage companies.
Successful startups need to be agile enough to innovate, compete and grow quickly. By leveraging the Sisense program, these businesses can embed robust analytics capabilities to give their customers access to business insights that drive faster, data-informed decision making. This foundation of self-service business analytics is well-suited for early-stage startups that are looking to leverage analytics and arm their customers with the tools and information needed to drive action.
“One of the biggest challenges startups face is the ability to get up and running quickly with products that deliver competitive advantage,” said Paddy Cosgrave, CEO and founder of Web Summit. “Data is extremely important to what we do and how we connect people at our events, so I look forward to working with Sisense on this initiative to give startups the tools to grow their businesses."
Sisense has grown rapidly, from a fast-paced startup to a disruptive technology leader serving thousands of customers across the globe. Sisense’s technology, experience and insights will be invaluable for startups that share the company’s innovative DNA. The company’s success in the market has earned them recognition as a “Visionary” in Gartner’s Magic Quadrant for BI and Analytics Platforms, and Sisense was named to Forbes’ annual ranking of the Next Billion-Dollar Startups.
“We are excited and proud to see one of our portfolio companies, which has realized such strong success and market momentum, empower this next phase of startups,” said Bob Goodman, Partner at Bessemer Venture Partners. “Sisense’s brand has been built on innovation and agility, and they have much value to offer to startups who are beginning their company journeys.”
“Enabling access to business analytics to drive data-driven decisions is critical to growth and innovation, but few startups have the resources to adopt powerful analytics platforms,” said Amir Orad, CEO of Sisense. “By equipping them with the ability to simplify business analytics for complex data, we’re aiming to help them reach that next stage of growth. By empowering these young startups to take their business to the next level, we’re further committing to technology innovation, wherever it may come from.”
For more information on the Sisense Startup Program, please visit: https://startup.sisense.com/
Sisense simplifies business analytics for complex data. Powered by its unique In-Chip™ and Single Stack™ technologies – Sisense delivers unmatched performance, agility and value, eliminating much of the costly data preparation traditionally needed with business analytics tools and providing a single, complete tool to analyze and visualize large, disparate data sets without IT resources. Thousands of customers ranging from innovative startups to global brands like GE, Philips, Wix and Nasdaq, rely upon Sisense for fast, accurate business insights. Sisense was recently included in Forbes’ list of the 25 Next Billion Dollar Startups, included in Deloitte’s Regional Tech Fast 50 and 500 lists, ranked one of the 50 highest-rated private cloud companies to work for by Glassdoor and Battery Ventures, and was ranked a “Visionary” in Gartner’s Magic Quadrant for BI and Analytics Platforms. Sisense investors include Bessemer Venture Partners, DFJ and Battery Ventures.