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The venture is a business-intelligence tool that allows companies to see how their product-related businesses are performing. They can create dashboards tied to key performance indicators, with reports that focus on areas such as product-development cycle time, product quality trends, project performance and supply-chain health. Users can access one central hub to monitor process status and performance trends, allowing them to take proactive measures against problems before they occur. GoodData is a provider of "insights as a service," offering business intelligence support to customers. The company’s Insights Network mines such information as a company's experience, best practices and other user interactions. Arena Analytics will be available as part of the Arena PLM Fall 2015 Release later this quarter, the company said.
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