Beckman Coulter Selects Oco's Business Intelligence Solution
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WALTHAM, Mass.-Aug. 26, 2008 - Oco, Inc., a leading Software-as-a-Service (SaaS) provider of business intelligence (BI) and data integration solutions, announced today that Beckman Coulter Inc. (NYSE: BEC), a leading developer and manufacturer of laboratory testing instruments and supplies, has selected Oco's business intelligence solution to provide advanced reporting and analytics.
"We selected Oco because of its unique ability to rapidly deploy its solution," said Craig Cole, Global Strategic Operations Director for Beckman Coulter. "Another important factor was Oco's ability to integrate data from multiple systems and produce focused reports to understand and drive performance improvement across multiple dimensions of our Services business."
Oco's Inventory Management module will be deployed in Beckman Coulter's Services business to enhance global visibility into key business data needed to reduce costs and improve customer experience. Oco's solution will seamlessly integrate data from disparate source systems to identify service supply chain performance, and inventory levels across multiple geographies, organizations and product lines.
"We are pleased that Beckman Coulter selected Oco, and we see a great fit between our solution and its commitment to driving operational efficiencies," said William Copacino, president and CEO of Oco. "Our packaged modules of best practices allow Beckman Coulter to get reports and visibility across its service parts business within a matter of weeks. Because the modules allow users to drill down to a granular level of detail, the company can easily see root causes of issues and identify areas for improvement."
Data integration across multiple enterprise-wide solutions, insightful reports and analytics, and the low-impact SaaS model were key selection criteria for Beckman Coulter. To capture and host the data, Oco's business intelligence solution extracts data from multiple sources, then organizes it into an intelligent data schema, and drives analytics-based reporting, all in a matter of weeks. Oco's intuitive Web interface encourages rapid adoption and widespread use of the new solution across multiple geographies. Because Oco manages and maintains the data through a SaaS model, Beckman Coulter's IT staff is freed up to focus on other mission-critical tasks.
About Beckman Coulter
Beckman Coulter, Inc. is a leading manufacturer of biomedical testing instrument systems, tests and supplies that simplify and automate laboratory processes. Spanning the biomedical testing continuum-from pioneering medical research and clinical trials to laboratory diagnostics and point-of-care testing-Beckman Coulter's 200,000 installed systems provide essential biomedical information to enhance health care around the world. The company, based in Fullerton, Calif., reported 2007 annual sales of $2.76 billion with more than 78 percent of this amount generated by recurring revenue from supplies, test kits and services.
About Oco, Inc. Oco's business intelligence solutions provide essential business visibility, delivering an integrated set of actionable reports and key performance indicators from multiple data sources to any user in just weeks. Oco's comprehensive solutions dramatically reduce the timeframe, cost and risk of traditional business intelligence implementations with deployment on a fixed-cost, fixed-time basis and a money-back guarantee. More information on Oco is available at www.oco-inc.com.
