ACCESS Newswire

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

Share

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 and follow GoodData on LinkedIn, YouTube, and Medium.

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



View the original press release on accesswire.com

GoodData

Subscribe to releases from ACCESS Newswire

Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from ACCESS Newswire

Registration Now Open for World of Coffee 2025 in Geneva: The Premier Event for Coffee Professionals6.2.2025 09:00:00 CET | Press release

Join Over 13,000 Attendees and 430+ Exhibitors at Europe's Largest Specialty Coffee Trade Show GENEVA, SWITZERLAND / ACCESS Newswire / February 6, 2025 / World of Coffee, the essential event for coffee professionals, enthusiasts, and innovators from around the globe will have a 2025 edition in Geneva, Switzerland, at the Palexpo SA, June 26-28. Following the record-breaking success of World of Coffee in Copenhagen, this flagship coffee trade show is set to welcome over 13,000 coffee professionals from 160+ countries for three days of business, networking, and education. Produced by the Specialty Coffee Association (SCA), the trade show and conference are proudly supported by Host Sponsor BTW Water + More; Platinum Sponsor Barista Attitude; Diamond Sponsor Nestlé Professional; and Gold Sponsor Alpro. Café de Colombia will be featured as the Portrait Country with unique cultural activations, and a pop-up café experience. "Geneva is the ideal location for hosting our flagship European tra

U.S.-Based Blockchain Kadena and Croatian Football Federation (HNS) Partner to Revolutionize Fan Engagement6.2.2025 09:00:00 CET | Press release

The Agreement Includes Regular Season Play as Well as the 2026 FIFA World Cup 2026 and UEFA EURO 2028 NEW YORK CITY, NEW YORK / ACCESS Newswire / February 6, 2025 / Kadena, the industry leader in scalable blockchain technology, and the Croatian Football Federation (HNS) have announced a groundbreaking partnership to provide a seamless digital fan engagement experience to Croatian national team fans. This partnership will encompass major global football events through 2028, including the 2026 FIFA World Cup and 2028 UEFA Euro Cup.Kadena and The Croatian Football Federation Enter Partnership to Revolutionize Fan Engagement This collaboration will introduce high-visibility activations, access to VIP experiences, and the migration of the HNS ERC-20 fan token, VATRENI, from Polygon to Kadena via the Kinesis Bridge. "The goal with the [VATRENI] token is to push the boundaries of traditional fan engagement opportunities of the past and introduce more of a future-focused fan experience. We're

Preservica Delivers Actionable Trusted Long-Term Data with New Innovations in AI and Active Digital Preservation6.2.2025 09:00:00 CET | Press release

BOSTON, MA AND OXFORD, UK / ACCESS Newswire / February 6, 2025 / Preservica, the industry leader in Active Digital Preservation™ archiving, today unveiled a series of groundbreaking innovations to its pioneering platform. These enhancements further simplify and automate the complex task of preserving critical long-term data, ensuring it remains instantly usable, reliable, and trusted for compliance and emerging AI use. With up to a third of digital content needing to be retained long-term (more than 7 years) according to IDC, unreadable or lost data from poor retention policies, obsolete file formats and accidental or intentional change or deletion is not only a serious compliance, reputational and legal risk but also impacts an organization's ability to leverage AI for value creation and process automation. "As digital content continues to rapidly grow in volume and complexity, having a robust and secure foundation of instantly useable, reliable and trusted long-term data has become a

Glenmorgan Investments On Track to Reach $7 Billion in Assets Under Management6.2.2025 08:00:00 CET | Press release

Glenmorgan Investments, a leading global investment firm, is excited to announce record capital inflows across both institutional and retail sectors in the first six weeks of 2025. LONDON, UNITED KINGDOM / ACCESS Newswire / February 6, 2025 / The company is on track to surpass $7 billion in assets under management (AUM) by the time it reports its Q1 2025 results, marking a significant milestone in its ongoing growth and success. These impressive inflows come as a direct result of the company's continued dedication to innovative investment strategies, which have garnered strong interest from both institutional investors and individual retail clients. Glenmorgan's diverse portfolio and commitment to delivering exceptional returns have been key drivers in attracting new capital during this record-breaking period. In particular, the company has experienced a significant surge in retail investor participation since the announcement that the highly sought-after Digital Asset Innovation Fund

KALEO Frontman JJ Julius Son and Entrepreneur Robert Wessman to Launch Unique Limited-Edition Wine Collection at WineParis6.2.2025 07:08:00 CET | Press release

An Icelandic Merger of Music and Winemaking SAINT-CERNIN-DE-LABARDE, DORDOGNE, FRANCE / ACCESS Newswire / February 6, 2025 / JJ Julius Son, acclaimed frontman for the internationally renowned blues-rock band KALEO, and entrepreneur Robert Wessman have joined forces, creating a limited-edition wine collection. This collaboration highlights their shared Icelandic heritage and promises to deliver an exquisite experience for wine enthusiasts and music lovers. The wines were created in the summer of 2024, by JJ and Robert, at the Maison Wessman winery in France, blending countless samples from barrels in the maison's cellar, under the supervision of oenologist Julien Viaud, of Michel Rolland and Associates. JJ and Robert will formally launch the collection on Feb. 10, 2025, at the global trade fair "WineParis." "We are excited to embark on this journey together," said Robert Wessman. "The goal is to create wines that not only delight the palate but also tell a story of friendship and collab

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye