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Business Objects, Thomson Partner for SaaS-Based Financial Reports

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On Monday Business Objects and Thomson Financial announced they would partner to offer customers packaged information about markets that is ready for analysis upon delivery. Thomson Finacial president Matthew Burkley had this to say in the press release:

The relationship we are building with Business Objects will give us the unique ability to deliver our best-in-class financial data in a powerful, secure, easy-to-use model. Now, companies will be able to easily and flexibly link their decisions to outside market factors, giving them a real advantage.

InfoWorld reported on the announcement with comments from Liz Herbert, a senior analyst with Forrester, who called the announcement a sign of convergence of SaaS with industry-specific applications.

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