Rosslyn Analytics, a SaaS based spend analytics company, announced its partnership with D&B. According to the company, “ today’s announcement is unique because for the first time a third-party data feed from the likes of D&B has been integrated into a system agnostic, web-based automated spend analytics platform. This technological advancement in coding gives multiple users one complete and immediate view of all supplier performance information in context to a customer’s internal spend data such as key suppliers, which is presented as actionable intelligence in customizable dashboards, scorecards and alerts.“
This announcement shows that SaaS solutions are starting to take their offerings to the next level. Rosslyn Analytics is using D&B information to expand the type of information they can provide customers. When looking at broader SaaS solutions, providers such as Birst are now providing full BI feature and functionality sets and InetSoft is offering free dashboard and charting access online. What all of these companies have in common is the expansion of SaaS based functionality.
Before, Software as a Service was limited to best of breed functionality within limited business confines. Now, even with Rosslyn Analytics providing best of breed spend analytics, they are increasing their value proposition to customers by integrating third party data to provide more value driven services to their customers.
With SaaS offerings in general, the expansion of services, features, and functionality will continue to occur. This will enable organizations to have integrated services and data access without having to develop solutions in-house. Organizations are starting to consider both in-house and SaaS solutions when evaluating software because of the expanded capabilities within Software as a Service solution offerings. Rosslyn Analytics may not be announcing a feature expansion per se, but their partnership enables customers to better access supplier data and provides a broader information set overall. This in turn creates more value for organizations that rely on their solutions to access both internal and external data sets.
About the Author
Lyndsay Wise is an industry analyst for business intelligence. For over seven years, she has assisted clients in business systems analysis, software selection and implementation of enterprise applications. Lyndsay is the channel expert for BI for the Mid-Market at B-eye-Network and conducts research of leading technologies, products and vendors in business intelligence, marketing performance management, master data management, and unstructured data. She can be reached at firstname.lastname@example.org. And please visit Lyndsay's blog at myblog.wiseanalytics.com.
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