prevero

prevero was founded in 1994 and is based in Munich, Germany. The company has a workforce of approximately 200 employees worldwide as well as an international partner network. In recent years, prevero has grown into one of the largest performance management vendors in the DACH region in terms of software revenues, and claims to have a client base of more than 4,500 companies in over 30 countries.

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Its growth has been largely organic but was also boosted considerably by the acquisition of software vendors Winterheller in 2011 and MIK in 2015. In July 2016 prevero itself agreed to be acquired by Unit4, a Dutch provider of enterprise applications (e.g. ERP) for service organizations.

prevero’s product portfolio includes the prevero platform technology, which can be used for various BI and performance management use cases. prevero is positioned as a flexible platform for tailor-made planning and BI solutions. The company also offers a web-based financial consolidation solution called prevero Consolidation (OEM Sigma Conso), which is integrated with prevero at database level.

prevero is targeted at business users who build BI and performance management applications with the help of wizards. The tool provides a flexible development environment for building individual applications for planning, reporting and analysis, which is supported by dialog boxes and requires no knowledge of scripting.

For historical reasons, prevero has a strong focus on the utilities sector and it offers pre-built content specifically for this industry. Approximately 20-30 percent of prevero’s clients come from this sector. Despite this, prevero positions itself as industry-neutral and now wins more new clients outside the utilities sector.

An additional predefined industry model is available for airports, and prevero also offers predefined business applications for areas such as project portfolio management, strategic controlling and risk management.

User & Use Cases

Besides its main use cases, standard/enterprise reporting, budgeting/planning and ad hoc query, prevero is now also frequently used for basic data analysis and dashboards/scorecards. Advanced analysis and dashboards/scorecards have been earmarked by many customers for the future.

prevero targets mid-sized companies and large corporations across all industries. 69 percent of our sample of prevero customers come from mid-sized companies (100-2,500 employees) with a median of 100 users. However, the mean of 345 users indicates there are also some larger implementations.

prevero is geared to business power users with broad functionality for various planning and BI tasks. Typical tasks carried out with prevero by business power users include viewing, navigating, exploring and modeling data. These tasks achieve above average use by prevero customers, which underlines the feature richness of the product.

Current vs. planned use

N = 29

5 products most often evaluated in competition with prevero

N = 28

5 products most often evaluated in competition with prevero

Percentage of employees using prevero

N = 29

Percentage of employees using prevero

Number of users using prevero

N = 28

Number of users using prevero

Tasks carried out with prevero by business users

N = 29

Company size (number of employees)

N = 29

Summary of prevero highlights

Once again, prevero achieves good results in BARC’s BI Survey, significantly improving on previous years. Excellent ratings, particularly for ‘Business benefits’ – one of the most important KPIs in the whole survey – and ‘Flexibility for users’, help to consolidate its position as a leading BI and CPM vendor in the DACH region.

Companies can benefit greatly from using prevero, especially in terms of faster and more accurate reporting, analysis or planning and improved data quality. With its flexible platform approach, prevero offers good flexibility to address various BI and CPM use cases on one integrated platform. Overall, BI Survey results show that prevero satisfies many of its customers, in particular in the DACH region.

Business benefits – Top-ranked

Peer group: Integrated performance management products

Business benefits – Top-ranked

Peer group: OLAP analysis-focused products

Business benefits – Top-ranked

Peer group: EMEA-focused vendors

Flexibility for users – Top-ranked

Peer group: OLAP analysis-focused products

Flexibility for users – Top-ranked

Peer group: EMEA-focused vendors

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prevero

Peer Groups EMEA-focused vendors, Integrated performance management products, OLAP analysis-focused products
Vendorprevero
Number of responses29
OfficesGermany (HQ), Austria, Switzerland, UK, France, Italy, Netherlands, Singapore, USA, Australia
Employees200
Customers4,500 (all product lines)
Revenues (2016)EUR 25,51 million
Web sitewww.prevero.com

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Product Video

Screenshots from prevero

Quotes from the BI Survey 17

Excellent ratings, particularly for ‘Business benefits’ – one of the most important KPIs in the whole survey – and ‘Flexibility for users’, help to consolidate its position as a leading BI and CPM vendor in the DACH region.
The BI Survey 17
Companies can benefit greatly from using prevero, especially in terms of faster and more accurate reporting, analysis or planning and improved data quality.
The BI Survey 17
Benefits such as faster and more accurate reporting, analysis or planning and improved data quality are regularly achieved with prevero.
The BI Survey 17
The level of support in implementation projects is highly rated by customers as the vendor’s consultants show a solid understanding of customers’ business requirements.
The BI Survey 17
The results of this year’s BI Survey prove that prevero creates real business value for customers.
The BI Survey 17