View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
August 14, 2005

Omniture continues on growth trajectory

Omniture Inc continues to see strong growth in its web analytics services business. Orem, Utah-based Omniture says it is on track to double its revenue for the fifth consecutive fiscal year after reporting growth of 115% for its second quarter. The company also closed an impressive $40m of venture capital funding, bringing its total investment to $65m.

By CBR Staff Writer

During the quarter Omniture added over 150 new customers including driven by its SiteCatalyst reporting and analysis tool as well as its newer Discover exploration engine and Data Warehouse infrastructure. Marquee accounts include Ford and Nasdaq .

A cadre of hosted Web analytics vendors continues to make headway in the market. Rivals like WebSideStory Inc, Coremetrics Inc, Nedstat BV and the newly launched WebTrends Inc have all reported strong growth.

However these vendors will come under increasing pressure from larger Internet vendors like Google Inc to lower the cost of ASP Web analytic solutions. Following its earlier acquisition of Urchin Software Corp, Google announced a new cut-price Web Analytics offering in May this year.

Content from our partners
Scan and deliver
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
GenAI cybersecurity: “A super-human analyst, with a brain the size of a planet.”
Cloud, AI, and cyber security – highlights from DTX Manchester
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
The New Statesman Press Gazette Spears World of Fine wine Elite Traveler Leadmonitor
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU