REDWOOD CITY, CA--(Marketwire - Aug 4, 2011) - Host Analytics, the leading provider of SaaS-based corporate performance management (CPM) solutions, today announced that MarkLogic Corporation, the company revolutionizing the way organizations leverage Big Data, has implemented the Host Analytics CPM solution to facilitate effective financial decision-making. Using Host Analytics, MarkLogic will be able to extend its use of cloud-based solutions to fully leverage data within its ADP, NetSuite, and Salesforce.com solutions.
MarkLogic was looking to replace its home-grown Excel worksheet-based budgeting and forecasting system with a solution that would help streamline budgeting and reporting. MarkLogic selected Host Analytics because of its advanced modeling and reporting capabilities that will allow the company to do "what-if" scenarios and automate its management reporting. In addition, MarkLogic was looking to leverage Host Analytics' prebuilt NetSuite data adaptor.
"As a rapidly growing company, visibility into our finances is vital," said Steve Springsteel, CFO, MarkLogic. "Host Analytics CPM solution not only gives us the power we need to make smarter fact-based business decisions, but it is delivered in a SaaS-based system that we can bring online quickly. More importantly, it is a solution that will scale with us as we continue to grow."
"At its core, MarkLogic helps companies effectively use information, and we're excited to be working with them to add rigor to the company's financial processes," said Jon Kondo, CEO at Host Analytics.
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About MarkLogic Corporation
MarkLogic is revolutionizing the way organizations leverage Big Data. More than 250 customers in industries including financial services, healthcare, government, and media are driving revenue and growth through transformative Big Data Analytics enabled by MarkLogic products, services, and partners. MarkLogic is headquartered in Silicon Valley with field offices in Austin, Boston, Frankfurt, London, New York, and Washington D.C. For more information, or to download a trial version, please visit www.marklogic.com.
About Host Analytics
The Host Analytics Decision Platform™ reveals the full implications of decisions -- both risk and reward. As the industry's first cloud-based corporate performance management (CPM) suite, Host Analytics improves budgeting, forecasting, financial consolidations, dashboarding, scorecarding, reporting and analysis to drive fact-based decisions for finance executives. Host Analytics serves midsize to large customer organizations including AT&T, Procter & Gamble, Crocs, Thule, Otis Spunkmeyer, Schumacher Group and Red Roof Inn. Founded in 2000, Host Analytics was named among JMP Securities' Hot 100: The Best Privately Held Software Companies and the AlwaysOn OnDemand 100. The company has also received industry accolades such as the 2010 Ventana Research Leadership Award and the 2010 Editors' Choice Award From TechWeb's Intelligent Enterprise.
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Contact Information:
Contact:
Tami Casey
Kulesa Faul for Host Analytics
650-340-1984