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Jedox

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Jedox
Developer(s)Jedox GmbH
Stable release
2024.1 / 26 February 2024
Operating systemCross-platform, Linux, Windows
TypeEnterprise Performance Management
LicenseProprietary
Websitewww.jedox.com

Jedox is a global software company specializing in enterprise performance management (EPM) solutions. Founded in 2002 by Kristian Raue in Freiburg im Breisgau, Germany, the company focuses on providing adaptable planning, analytics, and reporting tools for various business functions—including Finance, Sales, Human Resources, and Operations.[1] Its solutions help organizations optimize financial planning and analysis (FP&A) and integrate business-wide strategic planning processes.[2]

The core offering of Jedox is its EPM platform, which integrates planning, budgeting, forecasting, and performance measurement into a single source of truth.[3] This platform is designed to streamline financial and operational processes, enabling organizations to make data-driven decisions. Key features include an in-memory OLAP database, Excel-friendly user interfaces, web-based dashboards, and self-service data integration capabilities.[4] By bridging financial and operational planning, the platform supports integrated business planning (IBP), ensuring alignment across departments.[5]

Jedox serves a diverse global clientele, with over 2,900 organizations across more than 140 countries utilizing its solutions. The platform's adaptability and user-friendly design have contributed to its widespread adoption among businesses seeking efficient planning and performance management tools.

The company's commitment to innovation and customer satisfaction has been recognized in industry evaluations. Notably, Jedox was named a Leader in the 2024 Gartner® Magic Quadrant™ for Financial Planning Software.[6] Additionally, it achieved the top ranking for Flexibility Value in the Global Peer Group within the 2024 BARC Planning Survey.[7]

Company history

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Jedox was founded in 2002 by Kristian Raue in Freiburg im Breisgau, Germany, with the aim of simplifying planning, analysis, and reporting processes for businesses.[8] In 2008, Jedox transitioned into a stock corporation and secured its first funding round, raising approximately $5.44 million in a Series A round led by eCAPITAL.[9]

In 2014, Jedox acquired Reboard, a German software company specializing in mobile analytics and reporting.[10] The following year, in July 2015, Jedox expanded its presence in the Asia-Pacific region by acquiring Naked Data, an Australian software company, leading to new offices in Singapore, Sydney, and Melbourne.[11]

In 2017, Deloitte recognized Jedox with the "Technology Fast 50" Star award, highlighting the company’s rapid growth in the technology sector.[12] The following year, Florian Winterstein was appointed as the Chief Executive Officer (CEO) of Jedox, bringing new leadership to the company.[13]

The company continued to attract investment to support its growth. In April 2018, Jedox raised $24.6 million in a Series B funding round with participation from eCAPITAL and IRIS.[14] Subsequently, in January 2021, Jedox secured over $100 million in a Series C round led by Insight Partners, with participation from existing investors IRIS, eCAPITAL, and Wecken & Cie.[15]

Jedox was named a Leader in the 2023 and 2024 Gartner® Magic Quadrant™ for Financial Planning Software and recognized in the Gartner Magic Quadrant for Financial Consolidation and Close.[16] Additionally, the company was ranked #1 for Flexibility Value in the Global Peer Group within the 2024 BARC Planning Survey.[17] Also in 2024, the company launched JedoxAI, an artificial intelligence-powered feature aimed at enhancing business planning and analytics through natural language interaction.[18]

These strategic milestones have contributed to Jedox’s expansion into new markets and the strengthening of its position in the enterprise performance management industry.

Field of use and circulation

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Jedox has been developed for planning, analysis, reporting, and data consolidation tasks and may be used in all industries and departments. Jedox extracts the required operational data from the downstream systems, converts it into an analyzable form, and makes it available to various user groups through need-based evaluations or access options in multiple front-ends.[19]

Jedox is used in approximately 140 countries and is shipped in 26 languages. Organizations that have used Jedox to build Business Intelligence and Performance Management applications are, among others, Metro Group,[20] the German Federation of Chambers of Commerce (DIHK)[21] and Swissport.[22]

License packages

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Jedox subscription plans fit into every budget, meeting the diverse requirements of small, midsize, and large organizations around the world.[23] Customers can choose between Essential, Business, Professional, and Performance packages to adapt the solution quickly, with add-ons and performance upgrades to meet the needs of any scaling business.

See also

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References

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  1. ^ "Jedox Company Profile | Management and Employees List". Datanyze. Retrieved 26 March 2025.
  2. ^ "FP&A Software for planning, budgeting, and forecasting". www.jedox.com. 5 September 2019. Retrieved 26 March 2025.
  3. ^ "Jedox Reviews Mar 2025: Pricing & Features | SoftwareWorld". www.softwareworld.co. Retrieved 26 March 2025.
  4. ^ "Discover Jedox's powerful data integration and preparation". www.jedox.com. 14 May 2021. Retrieved 26 March 2025.
  5. ^ "Jedox Integrated Business Planning (IBP) - GK Horizons". www.jedox.com. 27 September 2023. Retrieved 26 March 2025.
  6. ^ Schäfer, Bettina (28 November 2024). "Jedox again Leader in the Gartner® Magic Quadrant". eCAPITAL. Retrieved 26 March 2025.
  7. ^ Memborg, Martin (26 November 2024). "Jedox achieved excellent results in The BARC Planning Survey 24". Qbit. Retrieved 26 March 2025.
  8. ^ The4 (19 December 2024). "Who Owns Jedox". CANVAS, SWOT, PESTEL & BCG Matrix Editable Templates for Startups. Retrieved 26 March 2025.{{cite web}}: CS1 maint: numeric names: authors list (link)
  9. ^ "Jedox - Raised $150M Funding from 4 investors - Tracxn". tracxn.com. 22 March 2025. Retrieved 26 March 2025.
  10. ^ AG, Jedox. "Jedox Acquires Reboard, Strengthens Mobile BI Capability". www.prnewswire.com. Retrieved 26 March 2025.
  11. ^ AG, Jedox. "Jedox Buys Australian BI Vendor and Expands Position in Asia". www.prnewswire.com. Retrieved 26 March 2025.
  12. ^ AG, Jedox. "Deloitte Awards Jedox AG as "Technology Fast 50"-Star". www.prnewswire.com. Retrieved 26 March 2025.
  13. ^ "ISVWorld News - Florian Winterstein Becomes New CEO of Jedox | ISVWorld". www.isvworld.com. Retrieved 26 March 2025.
  14. ^ "Jedox - Raised $150M Funding from 4 investors - Tracxn". tracxn.com. 22 March 2025. Retrieved 26 March 2025.
  15. ^ Fintech News Desk (13 January 2021). "Jedox Announces $100+ Million Investment to Boost Global Growth". GlobalFinTechSeries. Retrieved 26 March 2025.
  16. ^ Schäfer, Bettina (28 November 2024). "Jedox again Leader in the Gartner® Magic Quadrant". eCAPITAL. Retrieved 26 March 2025.
  17. ^ Memborg, Martin (26 November 2024). "Jedox achieved excellent results in The BARC Planning Survey 24". Qbit. Retrieved 26 March 2025.
  18. ^ "2024.1 platform release: AI-powered analysis with JedoxAI". www.jedox.com. 28 March 2024. Retrieved 26 March 2025.
  19. ^ Jedox Provides an Open-Source, In-Memory BI Solution. SQLMag.com, Megan Keller, 6 November 2008.
  20. ^ Klimabilanz bei der Metro Group. CFO World, 17. April 2013. (in German)
  21. ^ Jedox Company Profile. eCAPITAL.
  22. ^ Excel-Chaos im Finanzbereich beherrschen.. Computerworld.ch, 22 February 2013. (in German)
  23. ^ "Request a quote for Jedox". www.jedox.com. 7 May 2021. Retrieved 26 March 2025.

Additional sources

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  • Bernd Held, Hartmut Erb: Advanced Controlling mit Excel. Unternehmenssteuerung mit OLAP und PALO, m. CD-ROM., Franzis, Poing 2006, ISBN 978-3-7723-7585-9 (in German)
  • Stefan Müller, Leif Mergener: Business Intelligence im Vertrieb auf Basis von Open-Source-Lösungen. In: Ronald Gleich, Andreas Klein (Hrsg.): Marketing- und Vertriebs-Controlling (Der Controlling-Berater Bd. 11). Haufe-Lexware, Freiburg 2010, ISBN 978-3-648-00489-0. (in German)
  • Online Knowledgebase Free Online Knowledgebase with full-text search and export as PDF functionality
  • Feature Voting Tool Feedback/Feature Voting Tool
  • b-eye network article Archived 6 December 2008 at the Wayback Machine - Open Source OLAP in the Retail Environment. John Hobson, February 2008
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