MarketSight Announces Record Growth for the First Half of 2010

MarketSight LLC, a leading provider of web-based analysis and reporting
solutions for researchers, has posted a 49% increase in revenue for the
first half of 2010, compared with the same period in the prior year.
Recognized by Forrester Research, Inc. for its strong growth in 2009,
MarketSight has continued the rapid expansion of its business.
“Also as predicted,
the in-sourcing trend has really gained traction: Buyers looking to do
more with less often take part of their research in-house. The result?
Online tool vendors such as...MarketSight [and others] have seen strong
growth.”
According to a recent independent research report, Also as predicted,
the in-sourcing trend has really gained traction: Buyers looking to do
more with less often take part of their research in-house. The result?
Online tool vendors such as...MarketSight [and others] have seen strong
growth. (Predictions 2010: What Lies In Store For Market Research Tech
Vendors, Forrester Research, Inc., December, 2009)
MarketSight has already released several major enhancements to its survey
data analysis platform this year, 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.
With another major product release slated for November, MarketSight will
be adding significant new charting capabilities to the platform as well
as several new APIs to support the automation of crosstab and chart
creation and external control of the entire process by third-party
applications.
MarketSight CEO, Michael DeNitto commented, Were very pleased to be
recognized by Forrester and to have delivered strong results again so
far this year. We think it reflects a continuing shift from traditional
desktop-based tools to more cost-effective,
100% web-based solutions, such as MarketSight, that can provide greater
functionality to a broader audience with a deployment time thats
measured in minutes, not months. 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.
About MarketSight
Headquartered in Cambridge, Massachusetts, MarketSight has a rapidly
growing user base of thousands of market researchers and analysts around
the world. Widely recognized as a leading provider of web-based analysis
and reporting tools providing global access to data, charts, and reports
in a secure, web-based environment, MarketSights solutions enable
organizations to realize more value from their research and make results
accessible to a broader audience. Learn more at www.marketsight.com.
MarketSight is a trademark of MarketSight LLC. All other company and
product names may be trademarks of their respective ow

Source: Business Wire

September 9th, 2010 @ 10:56am