Published:
Oco Launches Customer & Sales Management Analytics Solution to Help Companies Drive Profitability
WALTHAM, Mass. - (BUSINESS WIRE) - Oco,
Inc., a leading Software-as-a-Service (SaaS)
provider of business intelligence (BI) and analytics solutions,
announced today the Oco
Customer & Sales Management Analytics solution, an innovative
business analytics solution that provides companies with a 360-degree
view of their customers. Oco's comprehensive solution provides powerful,
next-generation analytics capabilities that move beyond the basic
reporting capabilities found in individual systems such as customer
relationship management (CRM) solutions.
The Oco Customer & Sales Management Analytics solution's 360-degree view
of the customer incorporates business data from multiple systems: actual
revenue and cost from an ERP system, forecast pipeline revenue from a
CRM application, internal services metrics from various operational
sources, and external customer satisfaction scores from a third-party
provider. These various data sources are integrated into a single data
warehouse to provide a comprehensive view of the customer, delivered
through interactive dashboards and drillable reports.
"In my experience, 30-40% of a given company's business is
unprofitable," said Jonathan Byrnes, senior lecturer at the
Massachusetts Institute of Technology (MIT) and a leading authority on
customer profitability. "Identifying which customers are profitable and
which are not, the factors that are causing profitability problems and
how to fix them, can drive significant results. Oco's Customer & Sales
Management Analytics solution provides an insightful view into the
behavior and history of customers to help drive decisions that can
improve profitability."
The Oco Customer & Sales Management Analytics solution integrates
financial, operational and customer satisfaction data into a single
database. The solution offers tools to visualize and interact with the
data, including interactive scorecards, what-if dashboards,
multi-dimensional reports, and ad hoc analysis tools. It helps companies
address three key questions:
1. Which customers to focus on and what to sell them?
2. How to improve the sales team's performance?
3. How to improve customer satisfaction and performance?
To answer these questions, Oco has worked with leading authorities on
customer profitability to develop eight best-practice analytics, which
form the basis of the Customer & Sales Management Analytics solution.
These analytics include Customer Experience Map, At-Risk Revenue,
Customer-Product Profitability Analysis, and Customer-Product Growth
Matrix.
"Companies are increasingly focused on growing their way out of the
current recession," said Anil Chitkara, senior vice president of market
development, Oco, Inc. "They need to convert their vast amounts of data
into insightful analytics to understand which customers offer
opportunities for growth, which are the least profitable, and where the
sales team should be spending its time. Since our solutions are up and
running within a matter of weeks, companies can take actions immediately
to impact their bottom line within 90 days."
As with all of Oco's solutions, the Customer & Sales Management
Analytics solution is deployed and operational in approximately six to
ten weeks. The analytics are presented in different ways, and targeted
at various organizational roles - from executives and staff, to
customers and the extended value chain.
The Oco Customer & Sales Management Analytics solution is configured to
each customer's specific needs and is available today. To learn more
about how leading companies are leveraging customer analytics for
competitive analysis, a webinar featuring Jonathan Byrnes is available
at: http://www.oco-inc.com/landing/october28webinar/Customer-Analytics-Driving-Performance-Through-360-View.asp.
About Oco, Inc.
Oco
is a leading provider of Software-as-a-Service (SaaS)-based business
analytics solutions. The company provides complete BI solutions to
customers such as Casual Male, Dunkin' Brands, Fidelity Investments,
Office Depot and Welch's. Oco's unique business-centric approach to
BI helps companies solve targeted business issues, achieve ROI within 90
days and triple their return on investment. Leveraging best-practice
analytics, pre-built data models, and patented technology, Oco's
SaaS-based solutions are delivered in a fraction of the time, at a
fraction of the cost of traditional solutions, with fewer IT resource
requirements than traditional approaches. In addition to its own product
portfolio, Oco also offers an on-demand BI solution through its
partnership with SAP BusinessObjects. Oco was founded in 1999 and its
headquarters are in Waltham, Mass. More information about Oco can be
found at www.oco-inc.com.
SAP, and SAP products and services mentioned herein as well as their
respective logos are trademarks or registered trademarks of SAP AG in
Germany and in several other countries all over the world. Business
Objects and the Business Objects logo, and other Business Objects
products and services mentioned herein as well as their respective logos
are trademarks or registered trademarks of Business Objects S.A. in the
United States and in several other countries. All other names mentioned
herein may be trademarks of their respective owners.
Pardes Communications, Inc.
Diane Pardes, 781-652-8059
dpardes[at]pardescommunications.com
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