Business Objects has bought software-as-a-service (SaaS) company Nsite in a bid to accelerate its push into the on-demand space.
The acquisition provides the company with engineering talent and about 27,000 Nsite subscribers, as well as access to SaaS technology.
Steven Lucas, vice-president of strategic markets at Business Objects, says the acquisition “complements our strategy to use on-demand solutions to make business intelligence more accessible and more affordable to all companies”.
Business Objects released its first on-demand application in April, allowing companies to distribute business reports online through Crystalreports.com. Buying Nsite increases its on-demand subscriber base to more than 34,000 from current levels of 7,000.
Nsite allows users to deliver the performance of enterprise applications through a browser. It will allow Business Objects to integrate data from ERP, CRM and other information systems into its BI applications.
