) introduced new and advanced features in The Blackbaud Index. In
addition to this, the company also launched a whole new index
specially designed for the healthcare and medical research
Blackbaud is a leading global provider of software and related
services designed specifically for nonprofit organizations. The
recent economic conditions, natural disasters, coupled with
market fluctuations in the U.S. have made it extremely difficult
for nonprofit organizations.
The Blackbaud Index provides insight into historical data to
make fundraising decisions informed for the latest donor.
Although there were already a number of indices and resources
from other peer companies, a broad-based index that reported
trends on a monthly basis enabled The Blackbaud Index to gain a
competitive edge over others.
The index is updated every month through statistics from the
databases of thousands of U.S.-based participating organizations
using a variety of fundraising systems.
Using the new feature of Fundraising Benchmark Calculator,
organizations will be able to chart their own results to get a
more detailed analysis and providing a holistic view against the
historical data for a better comparison with peers.
Two new specialty indices are also designed to focus on
healthcare and medical research organizations. The health care
index launched in 2011 has been split into two specialty indices.
The Healthcare index will now track hospitals, nursing facilities
and other psychiatric facilities and other healthcare centers,
while medical research index will include medical education and
Blackbaud currently has Zacks Rank #3 (Hold). Other software
solution providers with favorable Zacks Rank include
Aspen Technology, Inc.
), each having Zacks Rank #1 (Strong Buy).
ASPEN TECH INC (AZPN): Free Stock Analysis
BLACKBAUD INC (BLKB): Free Stock Analysis
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