Wellesley, MA - May 26, 2009 - THINKstrategies, Inc., the leading strategic consulting company focused on the business implications of the on-demand services market, announced today that OpenAir, Inc. has been named the latest winner of the Best of SaaS Showplace (BoSS) Awards program, which is aimed at promoting the measurable business benefits being delivered by today's Software-as-a-Service (SaaS) solutions.
The BoSS Awards program was announced in January 2009 as the latest initiative by THINKstrategies to bring attention to SaaS and cloud computing companies which are producing tangible business benefits for specific user organizations. These benefits include increased sales, lower costs, higher customer satisfaction, faster operations, and greater profitability.
OpenAir, a NetSuite Inc. company, is a leading provider of SaaS-based services automation software, including professional services automation (PSA) and project portfolio management (PPM) solutions.
Using OpenAir's SaaS solution, Bluewolf Group was able to perform the same management tasks of two full-time employees saving approximately $150,000 in additional salaries and overhead costs. Bluewolf also experienced a 5-10% boost in utilization, resulting in a significant increase in revenue
Metricstream estimates that its net gains in the first 18 months after deploying OpenAir generated a return on investment (ROI) of 3 times the original subscription fee. These gains were derived from a combination of improved time-and-expense capture, plus accurate more financial reporting. Metricstream also benefitted from a tight coupling of its professional services operations with its finance operations using OpenAir's financial tools. It also achieved improved communication and coordination among its geographically dispersed staff using OpenAir's workgroup collaboration tool.
"We are proud to be recognized by the SaaS Showplace as for the measurable business benefits we are delivering to our customers," stated OpenAir CEO, Morris Panner.
"Managing the costs while maximizing the effectiveness of a geographically dispersed professional services or project team is a growing challenge for organizations in today's difficult business environment," stated Jeffrey M. Kaplan, the founder of the SaaS Showplace and Managing Director of THINKstrategies, the strategic consulting firm which conceived and administers the Showplace. "OpenAir's SaaS-based services automation software is helping a growing number of organizations meet this challenge and achieve their business objectives."
The BoSS Award program is an ongoing initiative to identify and promote SaaS, and 'cloud computing', companies which are offering on-demand solutions which are generating measurable business benefits for their customers.
BoSS award winners are given special designation on the SaaS Showplace, with a summary of their award-winning solution(s) and customer success story. Award winners are also recognized in the SaaS Showplace newsletter, and are able to promote their award designation on their website and in pre-approved company material.
IT/business decision-makers a quick directory of the leading SaaS providers and a convenient source of valuable insight regarding SaaS trends.
SaaS providers a targeted tool to increase their visibility among enterprise decision-makers, and gain access to key enabling technology suppliers.
Enabling technology suppliers a specialized platform to increase industry awareness regarding their SaaS solutions.
The SaaS Showplace is now the largest and highest ranked, vendor-independent, online directory and resource center of industry best practices in the SaaS market. For more information, go to www.saas-showplace.com or www.thinksaas.com.
# # #
About THINKstrategies, Inc.
THINKstrategies, Inc. is the only strategic consulting services company formed specifically to address the unprecedented business challenges facing IT managers, solutions providers and investors today as the technology industry shifts toward a services orientation.
THINKstrategies' mission is to help our clients re-THINK their corporate strategies, and refocus their limited resources to achieve their business objectives. THINKstrategies helps enterprise decision-makers with their sourcing strategies, IT solutions providers with their marketing strategies, and VCs with their investment strategies.