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10 Fastest Growing Cloud Computing Companies 2017

Translate Your Data into Actionable Decisions and Drive Better Productivity: Solver, Inc.

thesiliconreview-nils-rasmussen-ceo-solver-inc-17In today’s technology-driven business world, it is paramount for executives to have the insight and data they need in order to make the right decisions at the right time. Business Intelligence is the core attribute in making those correct decisions, as it joins data, technology, analytics, and knowledge to help business professionals make the optimal decisions that mold their companies. Solver is a proud leader in Business Intelligence (BI) solutions, including financial reporting and budgeting. 

Headquartered in Los Angeles, Solver was founded in 1996. In the past, the company has created and delivered several excellent products, which were acquired by famed Fortune 100 organizations. With the launch of Solver’s flagship product BI360, Solver became the leading provider of complete Business Intelligence (BI) solutions for today’s mid-market enterprise and it is at the forefront of BI technology for cloud and on-premise ERPs, revolutionizing BI. 

BI360 - Crown Jewel of Solver

BI360 is an award winning, complete Business Intelligence suite, which offers an entire Excel and web-based suite, comprised of Reporting and Budgeting, Dashboards and a pre-configured Data Warehouse. This brilliant product, by Solver, came about after more than a decade of focusing on consulting in the corporate performance management (CPM) field and learning about customer pain points and needs. 

BI360 suite gives the entire organization the ability to truly understand their data, make better decisions, and ultimately drive efficiency and performance in their business. 


Reporting: A powerful and intuitive Excel-based report writer, it runs reports in Excel, in a web browser or on mobile devices. 

Budgeting: A complete budgeting, forecasting and modeling tool for divisional or enterprise-wide deployment. 

Dashboards: Visualizes trends and analyzes organizational data with KPIs, charts, scorecards and more.

Data Warehouse: A next generation, pre-configured and quick-to-deploy data warehouse, based on the Microsoft SQL Server platform.

Testimonies Says It All

“I love the BI360 Product. The vision I have and the progress Solver is making to develop BI360 just gets me really excited about the potential. In one word, I would say BI360 is awesome.” - Ana Fonseca, Chief Financial Officer, Logix

“BI360 is the best available product for reporting from AX I have seen. It is faster to build reports in than other Excel-based tools.” - Petrus Jarlsbonde, Controller, Nefab 

Terse Talk with the Legend: Nils Rasmussen, CEO

Brief us about your initial products.

Prior to launching BI360 Cloud, we developed two products in the same category. Enterprise Reporting was built in the mid-nineties and got acquired by Microsoft. Excel Reporter was built in the early 2000’s and was acquired by SAP. The accumulated knowledge from both of these prior products embodies a lot of best practices that are included in today’s BI360 Cloud solution.

How successful was your first project launch?

We have a three-step process to reduce risk for early adopters and to maximize feedback to our development team. We first have a beta program, then an invitation-only rollout to pre-qualified companies that will have the highest ROI and benefits from the current release and functionality. Our final step is to make the solution generally available to the marketplace. Therefore, our first product rollouts are successful because of our process.   

What are the prime factors of Solver?

  • People – our company culture is comprised of uniquely talented individuals that are given the space to develop and innovate for the advancement of our customers and partners.
  • Product – BI360 is the third product that Solver has developed in twenty years, and it inherited the best ideas from its two predecessors and a thorough and forward-looking view of what customers want and need today and in the future.
  • Partners – Building a good partner channel is more complex than most software vendors think. Our channel is built from over twenty years of relationships with a unique philosophy of developing a win-win partnership. 

What aided you in setting up this company?

All of the executives come from different roles in finance, planning, analysis, and IT in different businesses. They brought this experience and the CPM needs they saw while working in their prior businesses to establish Solver and later, BI360 as an award-winning solution. 

Accolades and Recognitions

  • Solver was ranked as one of the top Budgeting and Forecasting solution providers in 2017, by CFO Tech Outlook that especially focuses on financial and technology sectors
  • In 2015, Solver was honored with Best Mid-Market Business Intelligence Solutions in the USA by Acquisition International at the prestigious Business Excellence Awards
  • For the second consecutive year Solver was named to Gartner’s Magic Quadrant
  • Solver was awarded as the best Computer Software Company at 2015 Los Angeles Award in the Computer Software category 

Fathom the Flair

Nils Rasmussen, CEO: As the CEO of Solver, Nils Rasmussen is responsible for the development of both overall company strategy as well as global expansion. Nils founded Solver, Inc. in December, 1996. Since then, he has led the Solver team to complete close to 2,000 implementations worldwide. Prior to this, he worked in international sales and consulting roles in various countries. He is a frequent speaker at industry conferences and an author of numerous BI books.

“We are changing the face of BI with next generation, collaborative and action-driven solutions for planning, reporting and analysis to deliver complete insight into every facet of the enterprise.”