MarketSight Posts 49% H1 Revenue Rise

In the US, MarketSight - a provider of Software-as-a-Service (SaaS) market research solutions - has posted a 49% increase in revenue for the first half of 2010.

Headquartered in Cambridge, Massachusetts, MarketSight provides online analysis and reporting tools which offer access to data, charts and reports in a secure, web-based environment.

So far this year, MarketSight has released several major enhancements to its survey data analysis platform, including the addition of direct import of SurveyMonkey datasets, text analytics capabilities through a partnership with Language Logic, and an integrated product offering with market research platform provider, Research Reporter.

'We're very pleased to have delivered strong results again so far this year, and think it reflects a continuing shift from traditional desktop-based tools to more cost-effective, 100% web-based solutions,' states CEO Michael DeNitto. Our goal is to maintain the rapid growth of our business as we accelerate the pace of innovation in our products to meet constantly evolving client demands.'

The firm is planning another product release in November, which will add new charting capabilities to the platform, as well as several new APIs (application programming interfaces - which enable interaction with other software) to support the automation of cross-tab and chart creation.

Web site: www.marketsight.com .