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Applying Domain Ability to Big Data Analytics

Despite years of media hype, development, and open spending, large data and business analyses have failed to meet their massive potential. Software vendors are struggling to create sustainable value and customers are not receiving an adequate return on their investments.
And yet, where others struggle, Visier is booming. I believe that it is because of their unique and innovative approach to business, and more particularly to the analysis of human resources. And that's why Sorenson Capital was eager to participate in Visier's latest round of financing.
People are the engine under the hood of all companies, and there is a clear need to better understand, adjust and optimize this engine to improve the performance of the company. There is a big appetite for HR views that will not break the bank or take months or even years to reach.
Sorenson has extensive experience in investing in HR and analytical businesses. As part of our ongoing market research, we have conducted dozens of calls with industry analysts and business leaders to identify innovative companies that are prepared for the next stage of growth. Almost all of them said the same thing, completely destitute of sight: speak to Visier. I have been doing it for over 15 years, and I have never seen such strong and unanimous approval for a single supplier.
So we looked deeper. Since its financing in 2014, Visier has:
• Sorted business customers
• Achieved a "best in class" net developer score of 58 and an annual renewal rate greater than 100%
• Cultivated its annual recurring revenues by more than 525%
These impressive figures make sense when you look at Visier's management team and organization. Headed by John Schwarz, a visionary and pioneering thinker of economic intelligence, Visier has a level of maturity and knowledge that is rare for an organization of his age. More importantly, the company has developed an innovative and disruptive product that is especially capable of meeting a significant market demand.
Visor Workforce Intelligence has become the preferred people strategy platform for the global human resources leaders of 2000 and offers an unmatched combination of deep domain expertise and technological convenience. Instead of focusing on data and tools, this can take years and cost millions to build and optimize. Visier's cloud-based solution focuses on answering key business questions. These questions are prepared and the answers are provided in real time. No capital investment, technical expertise or data scientist is required.
Instead of paying expensive computer and storage systems, as well as data integration and consulting services, Visier customers subscribe to answers and ideas. And they take them out of the proverbial box.
As a result, the market demand for Visier's solution was amazing. This D-Series financing will help the company not only to meet this demand but also to expand its international footprint and partner ecosystem.
Applied business analytics are the next generation of business intelligence, and Visier has the right product, the right team, and the right vision. We look forward to helping them accelerate their growth and take full advantage of the powerful combination of product innovation, organizational maturity, and huge market demand.

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