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SAN DIEGO, CA -- (Marketwire) -- 02/21/13 -- Financial Forecasting and Planning Innovation Summit -- Host Analytics, the leader in cloud enterprise performance management (EPM), today announced its selection as winner of the Best Financial Planning and Analysis Technology award at the IE Group Financial Forecasting and Planning Innovation Summit.

Judging for the award was conducted by senior Finance professionals from leading organizations like Carters, Newell-Rubbermaid, Papa Murphy's, Siemens, Skype, and others, who selected Host Analytics over multiple competing solutions.

Host Analytics was recognized for delivering frequent innovations to customers with quarterly releases and automated upgrades made possible by the company's cloud delivery model. This lets customers take immediate advantage of new capabilities without the risk, expense, and disruption of traditional on-premise software upgrades. Beyond that, the company was acknowledged for delivering a familiar, Microsoft Excel-style user experience in a web browser, reducing end user training requirements and accelerating adoption.

"Host Analytics is building amazing momentum," said Dave Kellogg, CEO of Host Analytics. "In the past three months, we've raised $17M in new capital, closed out a record 2012, shown stunning improvement in our Gartner Magic Quadrant position, and now have received this tremendous recognition from the IE Finance Group. I couldn't be happier to have joined this great company last August."

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About Host Analytics
Host Analytics is the leader in cloud-based financial applications for planning, consolidation, reporting and analytics. Host Analytics Enterprise Performance Management (EPM) customers benefit from better business agility, lower total cost of ownership, faster time to value, increased security, and a faster pace of innovation compared to traditional on-premises alternatives. World-class companies like AT&T, NEC, Burlington Coat Factory, WD-40, and Time Warner Cable trust Host Analytics to power their strategic financial processes. Host Analytics is a fast-growing, private company backed by leading venture capitalists and is headquartered in Silicon Valley with offices around the globe.

For more information about Host Analytics, please visit www.hostanalytics.com
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