Case Study: Fourth achieves 117% ROI and new revenue growth with GoodData Analytics

Fourth achieves 117% ROI with GoodData

Fourth, a leading provider of cloud-based cost control solutions to the hospitality industry, faced the challenge of making its vast data usable and affordable for its customers. Many clients were stuck using manual Excel reports, with no efficient way to distribute relevant insights across their organizations and value chains. Partnering with GoodData, Fourth sought to create an embedded analytics solution to address this.

Using the GoodData platform, Fourth built and launched Fourth Analytics, a customizable, cloud-based product that securely brings together data from multiple sources into interactive dashboards. The solution distributes specific data to different stakeholders, from executives to restaurant managers. GoodData enabled Fourth to realize a 117% ROI with a 2.4-year payback, create a new subscription revenue stream, achieve a 97% customer retention rate, and deploy customer solutions in as little as five days.

Fourth