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Host Analytics Completes Impressive Third Quarter as Finance Professionals Prepare for Economic Recovery

Thursday, October 22, 2009

Host Analytics, the leading provider of cloud-based corporate performance management (CPM) solutions, today announced the completion of another successful quarter. For its fiscal year third quarter ended September 30, Host Analytics increased top-line revenue 160% over the previous quarter and displaced its primary competitor -- Microsoft Excel -- at a number of large and mid-market firms. Host Analytics' strong Q3 comes amid economists' analysis that the global economy is showing signs of recovery and even growth in 2010. Finance professionals are responding by upgrading their budgeting and financial planning tools.

Host Analytics' fiscal third quarter continued a pattern of growth for the cloud CPM leader. New users span a wide variety of industries including distribution, consumer packaged goods, aviation, energy, medical, pharmaceutical and high technology. Key additions for Q3 include Axioma, Bama, Icicle Seafood, Jim 'N Nicks and Mission Hospital. Just in time for budgeting season, many of these companies already are implemented and up-and-running with Host Analytics.

Article sourced from www.marketwire.com, click here to read full story.

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