Noetix Generator for QlikView has been named a Finalist in the New Software Product of the Year – Business or Competitive Intelligence Solution category in The 2014 American Business Awards, and will ultimately be a Gold, Silver, or Bronze Stevie® Award winner in the program.
Combination Creates Magnitude Software, a leader in Enterprise Information Management Software
Redmond, Wash. and Burlington, Mass. – April 23, 2014 – Noetix, the largest independent provider of instant operational reporting and packaged analytics for Oracle Applications, and Kalido, the leading provider of business- driven information management software, today announced they have combined their businesses in a merger of equals. The combined business is called Magnitude Software, and is a leading provider of Enterprise Information Management (EIM) software, with 10 award-winning enterprise class EIM products and over 600 active enterprise clients with more than 200,000 users in 100 countries worldwide. Nigel Turner, formerly Kalido’s President, will serve as Magnitude Software’s president. Doug Moore, formerly Noetix President, will serve as executive vice president and chief financial officer of Magnitude Software.
“This merger creates a leader in the high growth Enterprise Information Management market, offering an unparalleled family of applications from business intelligence and data warehousing to master data management, reporting and analytics,” said Nigel Turner, president of Magnitude Software.
“Bringing together strong, established enterprise software products creates economies of scale, and opportunities to leverage talent, product innovation and best practices across the Magnitude Software family of applications which will result in more choices and higher value for our customers,” said Doug Moore, executive vice president and chief financial officer of Magnitude Software.
The advent of Big Data and an increasing need for accurate, consistent and timely information is creating a significant growth opportunity for EIM vendors. According to Gartner revenue forecasts, the addressable market segments for Magnitude Software products is an $18.2 billion market which is projected to grow at a combined 7.9 percent CAGR to $26.7 billion by 20181.”This merger brings together a rich architecture and expanded business content,” said Claudia Imhoff, author and internationally recognized expert on business intelligence software, president of Intelligent Solutions, Inc., and founder of the Boulder BI Brain Trust. “This combination will position Magnitude Software squarely in the Enterprise Information Management market.”
Magnitude Software will continue to innovate, deliver and support the full Kalido and Noetix product lines and all service and support agreements remain unchanged. The Kalido product set includes a model-driven and automated data warehouse solution that integrates data from multiple sources to rapidly deliver a foundation for analytics. Noetix products offer operational reporting and packaged data warehouse solutions that automatically generate business intelligence content from Oracle E-Business Suite. Together, Kalido and Noetix offer significant automation that will enable customers to integrate and harmonize data from multiple sources and rapidly deliver data into the hands of decision makers across the enterprise.
1. Source: Gartner, “Forecast: Enterprise Software Markets, Worldwide, 2011-2018, 1Q14 Update.” Addressable market segments from the Gartner report include analytic applications and performance management, cpm suites, data integration tools, data quality tools, other data integration software, requirements definition and management, and business intelligence platforms.
About Magnitude Software
Magnitude Software is the leading provider of Enterprise Information Management software that drives real business value for customers. Magnitude Software offers a family of award-winning applications from business intelligence and data warehousing to master data management, reporting and analytics. At the core of Magnitude’s business is a passionate focus on customer success and a vision to accelerate and automate the end-to-end process of integrating, managing and analyzing information to support business decision making, while reducing operational cost and risk. Magnitude Software drives business results for over 600 active enterprise clients with more than 200,000 users in 100 countries worldwide. For more information, please visit www.magnitudesoftware.com.
Noetix provides instant operational reporting and packaged analytics for Oracle Applications. For more than 20 years, Noetix has helped customers worldwide to quickly and cost-effectively access the enterprise application data necessary for critical decision-making. For more information, please visit www.noetix.com.
Kalido is the leading provider of business-driven information management software, enabling companies to manage data as a shared enterprise asset with speed, agility and flexibility. Kalido software has been deployed at customers in over 100 countries, including 20 percent of the world’s most profitable companies as determined by Fortune Magazine. For more information, please visit www.kalido.com.
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What are Noetix and Kalido announcing today?
Today we are announcing that Kalido and Noetix have combined our businesses in a merger of equals. The combined business is called Magnitude Software.
Who is Magnitude Software?
Magnitude Software is the new name and brand umbrella for both the Noetix and Kalido product sets.
As a leading provider of Enterprise Information Management (EIM) software, Magnitude Software has more than 10 award-winning enterprise class EIM products and over 600 active enterprise customers with more than 200,000 users in 100 countries. At the core of Magnitude’s business is a passionate focus on customer success and a vision to accelerate and automate the end-to-end process of integrating, managing and analyzing information to support business decision making, while reducing operational cost and risk.
A new website has been created for Magnitude Software at www.magnitudesoftware.com. We will also maintain “product” websites for the Kalido and Noetix products.
Why are we combining companies?
Bringing together strong, established enterprise software products like the Kalido and Noetix product sets creates economies of scale, which will increase our competitiveness and profitability and attract additional investments, all of which will enable us to invest more in our products, our people and our customers.
Who are the members of the Senior Management team?
Nigel Turner, Kalido’s former President, will become the President of Magnitude Software and Doug Moore, Noetix’s former President will become the Executive Vice President and Chief Financial Officer of Magnitude Software. Jack McDonald is the Chairman of our board of directors.
Additional leadership team members include:
- Darren Peirce – VP Products and CTO
- Pat Roche – VP Engineering, Noetix products
- Coman Wakefield – VP Engineering, Kalido Products
- Kelly Williams – VP Customer Success
- Paul Holloway – VP EMEA PS and Europe Regional manager
- David Haam – VP Information Technology
- Mike Wheeler – VP PS Americas
- Dave Donatelli – VP Customer Support
How will this change affect current customers?
Servicing the needs of our current customers is of utmost importance. Existing teams will continue to build, market, sell and service Noetix and Kalido core products with even a larger focus on ensuring the success and health of our install base. Customer Success will provide the framework for making the customer’s business requirements a focal point in how we run our organization moving forward. We will also be rolling out additional benefits with a new support model which includes Platinum support.
How do these changes affect the investment in existing Noetix and Kalido products and support for future releases?
Our commitment to enhance, maintain and support existing product lines remains unwavering. We have a full list of Noetix and Kalido product releases scheduled for this year and will continue to create, support and enhance our award winning offerings to ensure our customers are meeting their business goals.
Kalido Information Engine 9.1 (Vigor) is now generally available. Features include collaborative model development, multi-diagramming, MDM UI re-platform, HPP optimization and Dev-to-Production Migration Assistant. Kalido MDM with set-based validation is also on-track for release in the coming month.
NoetixViews 6.4.1 with support for EBS 12.2 and its or Oracle’s Online Patching feature is expected to ship by end of Q2. Noetix Analytics 5.4 with support for EBS 12.2, new content, log-based CDC and other performance enhancements will release later this year. Additionally, Noetix Analytics customers can benefit from using Kalido MDM to help integrate and manage key reference data including customers, suppliers, products and more. Noetix Generator products, Noetix Workbench and Noetix Search are on schedule to ship with the corresponding versions of NoetixViews and Noetix Analytics.
Will there be any changes to my level of service or contacts?
All existing Service Level Agreements and support arrangements will continue without interruption. You will continue to work with the same Noetix and Kalido professionals who have always been committed to your success.
Who should I call for License and Support?
You will continue to work with your current Noetix and Kalido Sales representatives and support contacts. Customers will notice in the coming weeks that communication will start to include the company name Magnitude Software instead of Noetix or Kalido. Please note that your current Noetix and Kalido representatives will also be using this domain name for their email addresses in the near future (@magnitudesoftware.com).
What is the value of this announcement to me as a Noetix or Kalido customer?
This announcement offers numerous benefits to our existing customers:
- Increased investment in innovation across the Noetix and Kalido product families.
- Increased focus on customer success with the development of a dedicated team to ensure that existing customers derive maximum return from their investment in our software.
- Future expansion of enterprise software product offerings through additional acquisitions in the area of enterprise information management.
Where can I find additional information?
Customers should feel free to reach out to their current company contacts if they have any questions or need additional information. Our continuing commitment is to be proactive in communicating to customers any changes that will affect them. If you would like to stay informed of the latest Magnitude Software news and developments, please visit our new website, www.magnitudesoftware.com.
REDMOND, Wash. – April 14, 2014 – Noetix Corp., a world-class provider of business intelligence (BI) software and services for enterprise applications, today announced that its customer Tempel has been awarded the prestigious Manufacturing Leadership Award in the project category of Enterprise Technology Leadership.
The Manufacturing Leadership Awards honor companies and individuals that are shaping the future of global manufacturing. “The dramatic improvement driven by Tempel through its global ERP and business intelligence initiatives make the company a worthy recipient of the Enterprise Technology Leadership award,” said Heather Holst-Knudsen, president, Manufacturing Leadership Council.
As the world’s leading independent manufacturer of precision magnetic steel laminations, Tempel’s enterprise resource planning (ERP) and BI projects were initiated to enable better decision making and to boost the company’s competitive advantage in the market.
“Our efforts have centralized and streamlined global data management at Tempel and Noetix played a large part in making our project a success,” said Michael Morell, IT Development Supervisor at Tempel. “We are honored to receive the Manufacturing Leadership award.”
Manufacturing Leadership Awards:
The Manufacturing Leadership Awards (ML Awards) honor companies and individuals that are shaping the future of global manufacturing. Award nominees describe their breakthrough projects using the nomination form. Nominations for breakthrough projects are entered into specific categories and evaluated by a panel of expert judges. Seven of the ML Awards categories are for outstanding projects undertaken and completed by a manufacturing company. Four of the categories recognize the achievements of individual manufacturing executives.
For more information, go to: http://mlawards.gilcommunity.com/
Tempel is the world’s leading independent manufacturer of precision magnetic steel laminations for the automotive, motor, generator, transformer, and lighting industries. With manufacturing operations in five countries and established footprints in strategic locations around the world, Tempel provides global industry leadership for strategic partnerships and a single source for finished components.
Noetix provides instant operational reporting and packaged analytics for Oracle Applications. For nearly 20 years, Noetix has helped customers worldwide to quickly and cost-effectively access the enterprise application data necessary for critical decision-making. Noetix’s proven technology has been used by more than 1,500 industry-leading customers including: Cummins, Starbucks, Toshiba, Welch’s, and Visa. The company is headquartered in Redmond, Wash., with international operations in London and Hyderabad, India.
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