Jedox is a flexible analytics and CPM product for planning, reporting, analysis and financial consolidation. The suite, which runs on the company’s own multidimensional database, is designed for business users. The underlying philosophy of Jedox is to extend the familiar Excel environment with specific analytics and CPM functionality. The solution offers both an Excel client and a web interface resembling a spreadsheet as front ends.
Established in 2002, Jedox has grown into a team of more than 270 employees. The vendor serves over 2,300 clients in 140 countries worldwide through its headquarters in Freiburg, Germany, its international offices, and a network of 220 partners and global alliances.
The company’s flagship product is Jedox, a flexible CPM and analytics platform with planning, reporting, analysis and financial consolidation capabilities. The solution, which offers both an Excel client and web interface as front ends, was first launched in 2004.
The product is aimed at business power users who create individual planning, reporting, analysis and financial consolidation applications. With the company’s own in-memory database, users have the advantage of a flexible multidimensional experience while staying in their familiar spreadsheet environment. However, tasks such as integrating data into Jedox OLAP Server using the vendor’s web-based Jedox Integrator product may require IT support. Trained business users can later take on responsibility for the administration and further development of Jedox applications. These applications can be published to large groups of users through Jedox Web and Jedox Mobile.
Both centralized top-down and decentralized bottom-up planning scenarios can be implemented with Jedox. Furthermore, it provides predefined content for different topics and industries created itself or by partners (e.g., for financial planning and management, financial consolidation and close (developed with KPMG), sales, HR, predictive forecasting and workflow management). This content is built on best practices and is available in Jedox’s own marketplace, which is integrated in the product.
User & Use Cases
Customers mainly use Jedox today for ad hoc query (97 percent), standard/enterprise reporting (80 percent), budgeting/planning (73 percent), dashboards/scorecards (70 percent) and basic data analysis (67 percent). 57 percent of respondents plan to use it for advanced analysis in the future. Jedox targets companies of all sizes across all industries. 57 percent of our sample of Jedox customers come from mid-sized companies (100-2,500 employees) with a median of 30 users, but the mean of 59 users indicates there are also some larger implementations. Jedox is geared to business power users with functionality for various analytics and CPM tasks. Typical tasks carried out with Jedox by business users include viewing/navigating data (88 percent), exploring/analyzing data (80 percent) and creating reports (70 percent), which demonstrates the feature-richness of the product. Customers achieve an average of 13 percent usage penetration among all employees (compared to the survey average of 17 percent). This indicates that the product is focused more on trained business power users than the majority of employees.
Current vs. planned use
5 products most often evaluated in competition with Jedox
Percentage of employees using Jedox
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