SOURCE: PivotLink

PivotLink

June 09, 2009 13:46 ET

SaaS Leaders PivotLink and Host Analytics Join Forces to Optimize Business Performance

Best-in-Class Solution Extends the Value of Corporate Performance Management With Unparalleled Analytics and Reporting

SAN FRANCISCO, CA--(Marketwire - June 9, 2009) - PivotLink, the leading provider of business intelligence solutions delivered via Software as a Service (SaaS), and Host Analytics, the fastest-growing SaaS corporate performance management (CPM) vendor, today announced a strategic partnership through which Host Analytics will resell PivotLink's market-leading analytics and reporting solution. With a combined reach of nearly 15,000 business users across a range of vertical markets, the move unites the fastest-growing SaaS vendors in the hottest market categories.

Under the partnership, Host Analytics will resell PivotLink's BI solutions with its Corporate Performance Management suite, a solution that streamlines the performance management process, aligns the planning process with business strategy and effectively measures performance and manages change.

PivotLink's on-demand solution offers Host Analytics customers the flexibility and simplicity of ad hoc reporting and analytics against cross-application, high volume data in ERP, CRM and other operational systems to support their budgets, plans and strategies in Host Analytics. This allows end-users to drill into detail from across the enterprise and support fact-based collaboration.

"The combination of Pivotlink's Business Analytics platform and Host Analytics' advanced Performance Management solutions creates an integrated operational and financial reporting system that most organizations could only dream about a few years ago," said Quentin Gallivan, CEO of PivotLink. "With a 100% on-demand model, we're challenging the best BI platforms in the world in a fraction of the time and cost of conventional systems."

"The partnership with PivotLink provides our customers the ability to quickly import and analyze large sets of data without the typical rigor associated with database modeling of traditional data warehousing approaches and easily compare the supporting data to information created in budgets, plans and forecasts," said Jon Kondo, CEO of Host Analytics. "The ease of SaaS based data integration and high impact of extended analysis creates a value proposition for our joint customers that outperforms other currently available BI platforms."

PivotLink and Host Analytics represent the next generation of SaaS innovators -- an elite group of startups that have proven themselves in the marketplace and have earned multi-million dollar venture capital investments based on major customer wins, record quarters and outstanding potential for future growth. StarVest Partners, the venture capital firm that led the first institutional investment in NetSuite, is an investor in PivotLink and recently added Host Analytics to its portfolio.

About Host Analytics

Host Analytics is the leading provider of on-demand corporate and financial performance management solutions. Host Analytic's solutions help financial, line of business and departmental executives improve their budgeting, forecasting, financial consolidations, dashboarding, scorecarding, reporting and analysis. Host Analytics delivers its suite of corporate performance management solutions via the Software as a Service (SaaS) model. Host Analytics, a pioneer in providing comprehensive and easy to use CPM solutions, was founded in 2000 and expanded its SaaS offering in 2005 to include a complete suite of CPM solutions.

Host Analytics helps organizations streamline the performance management process, align the planning process with business strategy and effectively measure performance and manage change. As a SaaS delivered solution, Host Analytics customers realize fast time to value through quick implementation of solutions, the highest levels of user adoption, effective empowerment of business users and a continuous flow of Host Analytics provided solution innovations and improvements.

Host Analytics serves the enterprise, large and midsized company and public sector markets including industry leading companies like JP Morgan Chase, Procter & Gamble, Otis Spunkmeyer, Pitney Bowes, and Red Roof Inn. Host Analytics was included in JMP Securities' prestigious "Hot 100: The Best Privately Held Software Companies." For additional information, visit http://www.hostanalytics.com or call (314) 588-2121.

About PivotLink Corporation

PivotLink is the proven leader in delivering on-demand business intelligence, serving more than 6,000 business users in industries such as consumer packaged goods, e-commerce, healthcare, insurance, retail and technology. Customers include: REI; Car Toys; Guardian Home Care Holdings; Novell; Rosignol; Shaklee and Zones. PivotLink software puts the full power of business intelligence in the hands of decision makers across departments, companies and extended networks. PivotLink Solutions are delivered as software as a service model, are typically deployed in under 30 days, require no costly upgrades or maintenance fees, are enterprise class in both scalability and security, and are delivered at a fraction of the cost of traditional BI implementations. PivotLink is a privately held company funded by Trident Capital, Emergence Capital Partners and StarVest Partners. Visit http://www.pivotlink.com.

Awards include JMP Securities' 2008 and 2009 "Hot 100: The Best Privately Held Software Companies"; a "Cool Vendor" in Gartner, Inc.'s report "Cool Vendors in Analytics, Business Intelligence and Corporate Performance Management" and four consecutive years among the top BI providers in Consumer Goods Technology Magazine.

PivotLink is a trademark of PivotLink Corporation. This press release is for informational purposes only and no offer to buy or solicitation of an offer to sell any securities is made hereby. The forward-looking statements in this release are subject to unknown risks and uncertainties and do not constitute guarantees of future performance. The actual results, performance or achievements of the company may differ materially from the results, performance or achievements of the company expressed or implied by such forward-looking statements.

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