prevero was originally founded in 1994. The company is based in Munich, Germany, and has a workforce of more than 160 employees mainly in Europe (including 20-30 in research and development) as well as an international partner network.

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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 4,000 companies in over 30 countries. Its growth has been largely organic but was also boosted considerably by the acquisitions of software vendors Winterheller in 2011 and MIK in 2015, the latter of which is still trading as an independent company. 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 BI solutions for small to mid-size companies as well as business departments in mid-size and large companies. All products are based on the vendor’s prevero.core.9 platform and dimensional prevero.hyper.cube technology. prevero offers a flexible development environment for building individual BI applications for planning, reporting and analysis with the help of wizards. No knowledge of scripting is required. prevero is suitable for conducting centralized and local planning for mid-size to large scenarios. The tool provides good capabilities for supporting both top-down and bottom-up planning. prevero also offers predefined business applications for specific industries (the utilities sector and airports) and topical areas such as project portfolio management, strategic controlling and risk management.

User & Use Cases

Besides standard reporting, enterprise reporting and ad hoc query, prevero is mainly used for planning and budgeting. Advanced analysis is not so popular right now with prevero, although a significant proportion of customers plan to tackle this use case in the future.

prevero is primarily used in mid-sized companies with 100-2,500 employees with a median number of 100 users in a common environment. However, a mean figure of 293 users per company suggests that the product is used in some larger environments as well. Most customers use the product on-premise, buying licenses up-front rather than by subscription.

Current vs. planned use

N = 32

5 products most often evaluated in competition with prevero

N = 75

Percentage of employees using prevero

N = 32

Licensing models

N = 30

Number of users using prevero

N = 26

Tasks carried out with prevero by business users

N = 31

Company size (number of employees)

N = 32

Summary of prevero highlights

prevero achieves good results in several important KPIs in this year’s BI Survey, significantly improving on previous years. The product is rated particularly well for its flexibility, agility and ease of use. Companies can benefit greatly from using prevero, especially in terms of improved data quality, and faster and more accurate reporting, analysis and planning.

Overall, BI Survey results show that prevero satisfies many of its customers, in particular in the DACH region. It remains to be seen how things develop with the recent takeover by Unit4 in terms of development, global expansion and functional improvements.

Flexibility for users – Top-ranked

Peer group: integrated performance management products

Consistently top rated in flexibility for users

Peer group: OLAP analysis-focused products

Agility – Top-ranked

Peer group: EMEA-focused vendors

Improved in agility

Peer group: EMEA-focused vendors

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BI Survey 16 Awards

prevero

Peer Groups EMEA-focused vendors, Integrated performance management products, OLAP analysis-focused products
Vendorprevero
Number of responses32
OfficesGermany (HQ), Austria, Switzerland, UK, France, Italy, Netherlands, Singapore, USA, Australia
Employees160
Customers4,500 (all product lines)
Revenues (2015)Not disclosed
Web sitewww.prevero.com

Product Video

Screenshots from prevero

Quotes from the BI Survey 16

Companies can benefit greatly from using prevero, especially in terms of improved data quality, and faster and more accurate reporting, analysis and planning.
The BI Survey 16
Impressively - and for the third year in a row - prevero is top-ranked in the ‘Flexibility for users’ KPI in all of its peer groups, leaving many well-known local and global competitors behind.
The BI Survey 16
Customers consider the vendor and product agile, especially in terms of its flexibility for various kinds of business intelligence and planning applications as well as the way these topics can be addressed in a self-service manner in business departments.
The BI Survey 16
Customers are clearly satisfied with prevero’s Excel-like user interface and user-friendliness for creating individual BI and planning applications without the need for specific programming skills.
The BI Survey 16
As the survey shows, prevero’s customers are satisfied and benefit from the product knowledge and implementation experience the vendor brings to the table.
The BI Survey 16