https://www.businesswire.com/news/home/20190124005258/en/

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Jan 24, 2019--Host Analytics, a leading provider of cloud-based enterprise performance management (EPM) solutions, today announced record sales results for its fourth quarter, 2018. During the quarter, Host Analytics saw increases across key sales metrics, building upon the strong momentum reported in the first half of 2018.

The success the company has seen during the past quarter represents significant growth compared to the same time period in 2017. The average deal size increased at a rate of more than 60 percent and net new logos increased by 70%. New customer acquisitions came from leading companies in their industry, including Peloton Interactive and American Express Global Business Travel. The growth that was achieved in the fourth quarter added to the momentum of the three preceding quarters. For the fiscal year 2018, the company achieved four consecutive record quarters with the highest annual recurring revenue and net new business bookings.