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Oco in Gartner's 2011 Business Intelligence Platforms Magic Quadrant Report

By Rahul Arora
TMCnet Contributor

Oco, an innovator of enterprise-class Software-as-a-Service business intelligence (SaaS (News - Alert) BI) solutions, recently announced that it has been included in Gartner's 2011 annual Business Intelligence Platforms Magic Quadrant Report, the first such report to include a separate section on Software-as-a-Service Business Intelligence (SaaS BI) offerings.

"Oco’s customer experience supports Gartner’s (News - Alert) analysis in this year’s Business Intelligence Platforms Magic Quadrant that the demand for BI solutions is now being driven by ‘ease of use’ requirements and that business users are increasingly driving BI purchasing decisions," said William Copacino, president and CEO, Oco in a statement.

 In its description of the appeal of SaaS BI, Gartner said, "Customers appreciate a quick time to value, lower upfront costs and the ability to leverage external expertise — business knowledge and/or technical skills — not available in-house." Oco was included in this "Other Vendors to Consider" section of the report.

“Customers of Oco’s SaaS BI solutions have gone ‘live’ in as little as a few weeks, achieved investment payback in their first 30 days and reduced their inventory by 17 percent in just four and one-half months,” Copacino added. "Oco customers are using our SaaS BI solutions to improve the quality of their operational business intelligence, economically deliver BI across their global operations, make BI securely available to their extended enterprises and provide a fast, low-risk path to mobile business intelligence."

A graphical representation of a marketplace at and for a specific time period, the "Magic Quadrant for Business Intelligence Platforms" report is available for purchase directly from Gartner.

Oco provides complete BI solutions to customers such as Dunkin' Brands, Fidelity Investments, Office Depot, Thermo Fisher Scientific and Welch's. The company recently announced a strategic partnership agreement with Tompkins Associates, a supply chain services and best practices consulting firm, to integrate Tompkins Associates’ vertical-market benchmark metrics with Oco’s supply-chain analytics.

Rahul Arora is a TMCnet contributor. He has worked as an editor and freelance writer for several reputed organizations in India. To read more of his articles, please visit his columnist page.

Edited by Janice McDuffee