SmallCapNewRelease now carries news on Blink Logic Inc., a leader in Software as a Service (SaaS) and on-demand Business Intelligence (BI). Blink Logic Inc. recently announced its debuting a fully integrated Microsoft Excel plug-in for its self service reporting analytical tools.
Jericho, NY (PRWEB) July 19, 2009 -- SmallCapNewRelease now carries news on Blink Logic Inc., a leader in Software as a Service (SaaS) and on-demand Business Intelligence (BI). Blink Logic Inc. recently announced its debuting a fully integrated Microsoft Excel plug-in for its self service reporting analytical tools.
SmallCapNewRelease states that according to Blink Logic, their customers will now have the ability to not only pull data directly from the database but also merge into Microsoft Excel making it easier to format with existing reports and opening the the door to over 80 percent of all business which use some form of Microsoft Excel. In addition, customers will be able to upload 3rd party spreadsheets to collaborate with other users.
Gartner predicts that by 2011, 25% of all software sold will be SaaS-based, and Aberdeen Research surveys show that 32% of organizations have on-demand technology as part of their planned spend. McKinsey Group states that in 2008, SaaS was the single most important trend impacting the business of its clients. Companies like Salesforce.com have "mainstreamed" SaaS with great success.
In addition, Business Intelligence, once reserved for rarified analysts and experts, is now becoming the lingua franca of corporate performance. According to Gartner, BI is the second highest spending priority for IT in the next 12 months. SAP says that 69% of IT managers will invest in BI tools or analytical applications, and BI usage is expected to increase 130%, with dashboard use alone increasing 90% in the next 18 months
SmallCapNewsRelease Gainers are BioCryst Pharma, US Global Investors, Purple Communications, 1st Pacific Bancorp, Freddie Mac, Sport Chalet, Pansoft Company, and Carolina Trust Bank.
SmallCapNewsRelease Decliners are WHX Corporation, World Energy Solutions, Wilmington Trust, Willamette Valley, Continental Materials, Wave Systems, and Appalachian Bancshares.
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