Oco's Software-as-a-Service Solution Named Among SaaS BI Products
WALTHAM, Mass. - March 18, 2009 - Oco, Inc., a leading Software-as-a-Service (SaaS) provider of business intelligence (BI) and data integration solutions, announced today that it has been cited by the prestigious market research firm, Forrester Research, Inc., in a recent report the firm published on the state of the BI marketplace.
Forrester Research published a report Feb. 20, 2009 entitled: BI Belt Tightening in a Tough Economic Climate , by Forrester analyst Boris Evelson for information and knowledge management professionals. In the report, Oco is included as a BI SaaS vendor in a round-up of notable SaaS BI companies.
The Forrester report states that, "there are obvious benefits to SaaS, such as empowering business users, less reliance on internal IT, ubiquity of the application (access from anywhere), pay-as-you-go pricing with no upfront costs and the vendor taking responsibility for the application and the infrastructure."
"Customers are often incredulous when they hear we can implement our SaaS-based BI solutions in a matter of weeks, since it flies in the face of standard industry approaches that can take several months or years to implement", said William Copacino, president and CEO, Oco, Inc. "We believe that SaaS-based solutions will grow even more in 2009, given the current economic situation because they enable rapid deployment, are very affordable and drive a quick return on investment."
In addition to Oco's full SaaS-based BI solution, the company has a partnership with SAP BusinessObjects to enable delivery of SAP BusinessObjects OnDemand BI solution.
About Oco, Inc.
Oco is a leading provider of on demand business intelligence and data warehousing solutions. The company is committed to helping customers achieve ROI within 90 days and achieving a return of three times their investment in the solution (3X ROI). Oco is a leading innovator in delivering business intelligence through a Software-as-a-Service model to help mid-market companies and large enterprises address specific business problems. Its BI solutions leverage a library of leading-edge, best-practice analytics to drive business improvement, and are delivered in a fraction of the time at a fraction of the cost of traditional solutions. In addition to its standalone solutions, Oco offers an on-demand BI solution through its partnership with SAP Business Objects.
More information on Oco, Inc is available at www.oco-inc.com.
