Pandemic leads to "major strategic pivot" for Leeds software firm
Panintelligence has made a “major strategic pivot” as it launches its first hosted SaaS product due to growing demand.
The Leeds company, which provides business intelligence and predictive analytics tools said the move had been triggered by the impact of the pandemic on software market.
“We have always followed market demands in the development of Pi and the introduction of our first hosted SaaS product was in response to a change in the way vendors and developers want to deploy our tools, with us doing more of the provision and reducing the burden on their dev teams,” explained Panintelligence co-founder and CEO Zandra Moore.
“This opens up Pi to a whole new market, and that’s key to our future growth. We’re still able to deploy our solutions within our existing clients’ own servers, but our experience of the dramatic shift in demand from on-premise to SaaS provision was the driver for the rapid development of PiSaaS to deliver what rapidly scaling, agile vendors wanted - hosted SaaS tools – and this significantly widens our potential market.”
The SaaS (software as a service) product will be hosted via the Amazon Web Services (AWS) Infrastructure.
It said that this would offer new growth potential, opening up its products to vendors and customers with smaller development resources and infrastructure.
“Panintelligence’s mission has always been to democratise data and enable agility, and this move further opens up the value of insight to a whole new market of vendors and customers so that everyone, no matter what area of the business they work in, can access what they need in real time and truly become data-first companies,” added COO Charlotte Bailey.
“By offering Pi as a hosted software service, PiSaaS gives these organisations access to the same operational and compliance benefits typically only available to larger organisations, without a big up-front investment. PiSaaS enables our clients to automate and accelerate their business intelligence and predictive analytics process so they can more easily drive value from data insight.”
Panintelligence employs 42 staff at its Leeds headquarters.