LogiXML Continues Rapid Growth and Aggressive Expansion in Europe

PRLog (Press Release) - Jun. 6, 2012 - LogiXML, the pioneer of web-based business intelligence (BI), today announced that its UK based European business unit has exceeded 100 per cent year-over-year sales growth for the last three years and has tripled its headcount with plans to continue its aggressive hiring in second half of 2012. Additionally, LogiXML has expanded its Partner Program in Europe in order to meet increased demand from companies for its analytics, dashboards, and reporting software.

“We continue to see an increasing number of companies in the UK and throughout Europe seeking to embed, interactive data analytics, dashboards and reporting into their operational systems and processes, including those that are customer-facing,” said Brett Jackson, the CEO of LogiXML. “We anticipate this trend will continue to gain momentum, with our technology giving us a significant edge by meeting this demand much faster and far less-expensively than traditional BI systems.”

Unlike traditional BI platforms that are complex and costly, LogiXML’s code-free development structure allows organisations to develop, refine and adapt BI applications rapidly to serve any number of users on any platform, all without extensive development or professional services. Additionally, LogiXML’s flexible and extensible architecture allows developers at software and SaaS providers to embed these data visualisations seamlessly in their own products and services.

In 2011 and again in 2012, LogiXML was positioned the Gartner Magic Quadrant for Business Intelligence Platforms, where its products scored among the highest for ease of use, overall product functionality, support, product quality, performance, and customer experience.

“Companies that choose LogiXML quickly discover the technology’s limitless power and potential, and often extend it to solve multiple challenges far beyond the customer’s original intent,” said Simon Ryan, European Director of LogiXML International.  “For this reason, LogiXML is quickly becoming a serious contender and household name in the European BI space, and we are excited by our continued expansion throughout the year.”

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About LogiXML
Founded in 2000, LogiXML provides businesses the fastest and easiest way to deliver business analytics, dashboards, and reports to a broad range of users, as well as to embed them into existing applications – all for a fraction of the cost of other solutions. Unlike traditional Business Intelligence platforms that are complex and costly, LogiXML’s agile technology allows organizations to rapidly develop, deploy, and adapt BI applications that serve any number of users on any platform ─ all without extensive development or professional services. LogiXML is headquartered in McLean, Virginia, with sales and support offices in the UK and Europe. The company is a private, venture-backed firm with investments from GroTech Ventures, Updata Partners, and Summit Partners.
Further information

Emma Brunsdon, European Marketing Manager, LogiXML, +44 (0)118 935 7166; emma.brunsdon@logixml.com

Bob Little, Bob Little Press & PR, +44 (0)1727 860405; bob.little@boblittlepr.com