Magnitude Software Launches Universal Connectivity Platform, Magnitude Gateway

Delivers instant, self-serve and unified data access with minimal implementation and maintenance requirements

AUSTIN, Texas – September 12, 2018 – Magnitude Software, Inc., a leader in delivering unified application data management to global organizations across industries, today announced its disruptive universal data connectivity platform, Magnitude Gateway, which delivers instant, self-serve access to operational and analytical data wherever it resides, alongside an improved user experience. The platform provides enhanced, simplified and unified access to enterprise data to organizations and Independent Software vendors (ISVs) alike. It enables ISVs in the business analytics, intelligence, and data source and integration spaces to get products to market faster without requiring more or specialized resources, while also ensuring low-cost maintainability of deployed data connectivity. The unique connectivity capabilities also empower enterprise business teams with multiple applications and data sources to self-serve real-time data from any data source, while benefiting from embedded business logic that puts insights in the hands of business users, without IT involvement.

Leveraging its trusted, long-term relationships with a growing global vendor ecosystem including data source vendors and application partners, Magnitude built its Gateway platform to provide unified, smart data access via universal drivers to nearly 100 mission-critical applications and data sources. These drivers provide a single interface to standard and intelligent adapters. Intelligent adapters are enriched with business schema, supplying business views of the data through an augmented semantic layer. The platform’s modular access to data sources removes the need for heavy implementation and maintenance requirements and ensures simplified configuration and connectivity management.

“Magnitude Gateway is a real game-changer – it is a truly disruptive approach to connecting applications and data sources, creating an intelligent and unified bridge to today’s critical business apps and data sources,” said Darren Pierce, Chief Technology Officer of Magnitude Software. “Our Platform enables dramatically simplified setup, management and maintenance of data connectivity solutions geared toward the ISV community and enterprise business teams alike – dramatically improving the user experience while also reducing the sourcing and upkeep burdens of data connectivity solutions.”

The Magnitude Gateway platform was uniquely architected by Magnitude’s Simba Technologies team to meet the complex data connectivity needs of analytics and application vendors, and enterprise teams. It enables leading data providers such as HortonWorks, Databricks, Cloudera, Datastax and MapR, and application and analytics ISVs including Alteryx, Power BI, Qlik, Tableau and Microstrategy, to reduce costs and product time-to-market. The platform eliminates data connectivity development and traditional distribution burdens, and minimizes maintenance and support while delivering new connectivity to business users independently of the ISV’s release cycle. Gateway also enables ISVs to gain new insights on usage analysis to better understand data source popularity, data volumes, and frequency to manage their existing and new pipeline more effectively.

Key benefits delivered by Magnitude Gateway include:

  • Instant, business-user access to data from many sources, plus the ability to deliver immediate value from that data.
  • Hands-off data access administration for IT.
  • Decreased time to market and reduced costs through integration of universal drivers.
  • Data access across all data source types including traditional relational sources, big data, SaaS and NoSQL.
  • Ability to maintain connection integrity with ongoing support and adapter updates.
  • Rapid and simple addition of new Adapters to the list of available connectivity for end users.

“Over my many years in BI and Machine Learning, we in the market have built great self-service technologies for business users. But we have always struggled to give these users simple, effective and well-managed access to live data in business applications,” said Donald Farmer, Principal at TreeHive Strategy. “Magnitude’s new Gateway solution wraps up business-friendly intelligent adapters, a wide range of standard adapters and high performance universal drivers. For business users, this simplifies live data access. For IT, the Gateway simplifies deployment and maintenance, while also providing insights to usage and governance. As a result, Magnitude Gateway is well positioned to be the enabler the industry is clamoring for.”

“This innovation solidifies our position as the leader in delivering unified application data management to global organizations including top ISVs and enterprise teams,” added Chris Ney, Chairman and CEO of Magnitude Software. “Magnitude Gateway enables better investment of resources and faster growth, allowing businesses to move at the speed of digital transformation despite today’s fragmented data and application environments.”

The Magnitude Gateway platform comes on the heels of robust growth and strong company momentum. Recently recognized and listed on the Inc. 5000, and a trusted partner to 100 percent of the 2017 Gartner BI Magic Quadrant leaders, Magnitude sees its revenue closing in on $100 million, with recurring revenue more than tripling since 2014. The company’s global customer base continues to grow, now counting over 1,200 customers across industries and including many of the F500. The company also boasts three strategic acquisitions in the past year, including Every Angle Software, Innowera and Agility Multichannel, with an expanded executive team leading the company into its next chapter of global innovation and growth.

For more information about Magnitude Gateway and how it can improve your data access and connectivity management capabilities, see our introductory video, request a demo or visit www.simba.com/magnitude-gateway .

About Magnitude Software

Magnitude’s transformative approach to unified application data management delivers vast operational efficiencies to business application data access, management, analytics and reporting for the modern enterprise. Magnitude’s portfolio of products includes: simplified application data access to any data source; data management solutions for the SAP and commerce verticals; simplified master data harmonization and governance; and packaged application analytics and reporting solutions for SAP and Oracle. The company helps thousands of business users simplify management of their data and deliver on the substantial productivity gains these applications originally promised. For more information, please visit www.magnitude.com

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Magnitude Triples Growth: Recurring Revenue, Profit and Global Team Grow 3x in 3 Years

Unified Application Data Management Provider Earns Position on 2018 Inc. 5000 List of Fastest-Growing Private Companies in America

AUSTIN, Texas – August 22, 2018 – Magnitude Software, Inc., a leader in delivering unified application data management to global organizations across industries, today announced robust, worldwide customer and revenue growth, with revenue, recurring revenue and profitability tripling in the past three years. Recently recognized and listed on the 2018 Inc. 5000, and a trusted partner to 100 percent of the 2017 Gartner BI Magic Quadrant leaders, Magnitude sees its revenue closing in on $100 million, bolstered by growth in its core Oracle and expanding SAP markets. The company continues to increase its global customer base, now counting over 1,200 customers across industries including many of the Fortune 500. This growth involves significant global expansion with one third of the company’s revenue now coming from Europe. Magnitude also boasts seven acquisitions in total, with the three most recent in less than a year, including: SAP business analytics innovator, Every Angle Software; SAP automation software visionary, Innowera; and leading product information management provider, Agility Multichannel.

The company has also more than tripled its global employee base over the course of the last three years, with employees evenly spread among North America, Europe and APAC. Executive appointments over the last year have expanded the leadership team in support of the company’s next chapter of global innovation and growth: Rik Thorbecke, Chief Financial Officer; Laurie Dahlgren, Global Vice President, People Operations; and Tony Fisher, General Manager of the Integration Business Unit.

“We have built the world’s leading operating engine for unified application data management, which enables us to take in new acquisitions quickly and seamlessly, leading to significant global growth,” shares Chairman & CEO Chris Ney. “This approach is not only reaping rewards with customers – it also avails considerable growth opportunities to our talented people who continue to fuel our technology innovation and propel the company forward.

The company’s consistent commitment to product innovation and exceptional customer service continues to pay off. Magnitude’s Innowera Process Runner, which helps global organizations efficiently manage SAP data using Microsoft Excel, recently achieved SAP certification as integrated with SAP S/4HANA®. Also this month and for the fifth year in a row, Magnitude MDM and Agility PIM ranked #1 for customer satisfaction in the 2018 MDM Landscape report by Information Difference.

“Joining Magnitude at such a time of exciting momentum and growth enables me to flex my many years of serving as a CFO, COO and Advisory Board Member to growing companies in the software, SaaS and cloud industries,” says Thorbecke. “I look forward to working with our global teams to push the boundaries of what’s possible in unified application data management.”

As CFO at Magnitude, Thorbecke oversees finance strategy and operations, risk management, legal, IT and sales operations. He leads a growing global team focused on winning business partnerships that drive both transformation and continuous improvement in critical business processes and applications. Prior to joining Magnitude, Rik spent 25 years in various executive finance and strategy roles at a number of leading public and high-growth private companies, including Electronic Arts, Equinix and Levi Strauss; he was also CFO of Plastic Logic, Meltwater and Mirantis. See Thorbecke’s profile.

A decisive, strategic, and resourceful human resources executive with broad and diverse experience spanning multiple HR disciplines, Dahlgren collaborates across leadership, her team and the entire employee base to continue to nurture a customer-first company culture and drive strategic initiatives that empower an engaged, high-performing global workforce. See Dahlgren’s profile.

Having spent more than two decades at the leading edge of the data management sector – entrenched in its evolution and leading businesses across big data, data management and connectivity, Fisher leads Magnitude Software’s Integration Business as General Manager. See Fisher’s profile.

Magnitude was recently listed as one of the 10 Best Startups in Texas by The Tech Tribune.

For more information about Magnitude’s market-leading solutions, visit https://magnitude.com/

About Magnitude Software

Magnitude’s transformative approach to unified application data management delivers vast operational efficiencies to business application data access, management and reporting for the modern enterprise. Magnitude’s portfolio of products includes: simplified application data access to any data source; data management solutions for commerce verticals and SAP software; simplified master data harmonization and governance; and packaged application reporting solutions for SAP solutions and Oracle. The company helps thousands of business users simplify management of their data and deliver on the substantial productivity gains these applications originally promised. For more information, please visit www.magnitude.com

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Magnitude Software Announces Innowera Process Runner Achieved SAP-Certified Integration with SAP S/4HANA®

Process Runner, from Magnitude Subsidiary, Innowera, Helps Ensure Simplified Rollouts and Improved Data Management in SAP S/4HANA

AUSTIN, Texas – August 8, 2018 – Magnitude Software, a leader in delivering unified application data management that acquired Innowera LLC in December 2017, today announced that Innowera Process Runner, a leading automation software tool, has achieved SAP certification as integrated with SAP S/4HANA®. The integration helps organizations to efficiently manage SAP data management using Microsoft Excel.

“As companies continue to transition to SAP S/4HANA to run their business and deliver the analytics to proactively manage it, they can run into data migration challenges. This certification enables customers that run SAP software to rapidly migrate critical data with SAP S/4HANA,” said Darren Peirce, Chief Technology Officer at Magnitude Software.” This certification comes on the heels of continued technological innovation in the enterprise data management, with Magnitude now serving many Fortune 100 customers who are using our solutions to simplify the complexities of business-critical processes.”

The GUI scripting technology in Innowera Process Runner integrates with SAP S/4HANA using standard integration technologies. SAP S/4HANA is the next-generation business suite built for the SAP HANA® platform with on-premises and cloud deployment options. It is designed to act as the digital core, helping customers drive digital transformation across their entire organizations.

As businesses continue to compete in new ways, driven by digital transformation, they are increasingly seeking scalable integration solutions. With Process Runner’s integration with SAP S/4HANA businesses can enjoy a successful migration and future success.

Process Runner customers can expect rapid and secure data migration to SAP S/4HANA from their current SAP database via transactions and APIs, as well as empowerment for all levels of users with an agile tool to manage SAP data from Excel, without disrupting their current processes.

“Continuing the spirit of our ten plus years of partnership with SAP, the Process Runner integration gives users of SAP S/4HANA access to a powerful integrated tool, which reduces manual data entry and empowers them to focus on higher-value projects,” says Mickey Shah, founder of Innowera and Chief SAP Solutions Architect for Magnitude Software. “It also shows our continued commitment to keeping our customers prepared for rapid deployments and best-in-class enterprise data management. Our customers can take full advantage of the latest innovations coming from SAP applications, now including SAP S/4HANA.”

Innowera Process Runner automates SAP transactions providing connectivity between SAP and Excel with built-in compatibility to thousands of SAP workflows. Innowera provides automation solutions for managing SAP business processes across a wide range of adjacent applications including Excel, SharePoint, and Salesforce, among others.

About Innowera

Innowera, a Magnitude Software company, empowers business users with agile tools to get work done faster, while providing governance and security. Our flagship product, Process Runner, automates manual SAP transactions with the click of a button.

A subsidiary of Magnitude Software, Inc., Innowera serves customers around the globe directly and through partnerships. Our portfolio includes: Process Runner with Excel Add-In, Process Runner DB, Innowera Easy Workflow, Innowera Web and Mobile Server, and SAP integration with SharePoint and Salesforce.com, as well as both LITE and free versions of the popular Process Runner desktop software. For more information, please visit https://www.innowera.com/.

About Magnitude Software

Magnitude’s transformative approach to unified application data management delivers vast operational efficiencies to business application data access, management and reporting for the modern enterprise. Magnitude’s portfolio of products includes: simplified application data access to any data source; data management solutions for commerce verticals and SAP software; simplified master data harmonization and governance; and packaged application reporting solutions for SAP solutions and Oracle. The company helps thousands of business users simplify management of their data and deliver on the substantial productivity gains these applications originally promised. For more information, please visit www.magnitude.com

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SAP, SAP S/4HANA, SAP HANA, and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

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2018 MDM Landscape Report

Magnitude MDM and Agility PIM Ranked #1 for Customer Satisfaction 5th Year in a Row

AUSTIN, TX – July 31st, 2018 – Magnitude Software, Inc., a leader in delivering unified application data management to global organizations across industries, today announced it has once again been ranked #1 for Customer Satisfaction in the 2018 MDM Landscape report by Information Difference. This marks the 5th consecutive year Magnitude and its subsidiary’s products, Agility Multichannel Product Information Management (PIM) and Magnitude Master Data Management (MDM) and Dynamic Information Warehouse (DIW) earned this standing. Magnitude Software’s Agility Multichannel empowers brand manufacturers, distributors and retailers around the world to conquer the complexities of commerce, while Magnitude MDM and DIW support and provide analytics into all domains of information, including financial, customer, vendor, employee and, of course, product.

The report’s author, Andy Hayler, President & CEO of The Information Difference, said, “To rank #1 for customer satisfaction in a survey based on a large sample of references speaks volumes. For Agility Multichannel, a Magnitude company to be awarded this accolade five years in a row is an incredible achievement made even more impressive that now for the first time, it’s earned in conjunction with Magnitude MDM and DIW products”.

Hayler continued, “Magnitude’s MDM, DIW and Agility PIM customers also had the highest scores on the questions ‘Did the software represent value for money?’ and ‘Did the software deliver to your expectations?’ – which are clearly important criteria.

Magnitude VP of MDM, DIW & Agility Solutions, Richard Hunt commented: “The MDM Landscape Report is respected industry-wide, and its survey is extensive, covering all of the major MDM and PIM vendors. It’s an honor to be included, let alone to consistently receive such high technology ratings. We’re delighted once again to receive this highest of endorsements from not only our Agility PIM customers but also our Magnitude MDM and DIW customers too.”

Download the report here: MDM Landscape Q2

About Magnitude Software

Magnitude’s transformative approach to unified application data management delivers vast operational efficiencies to business application data access, management, analytics and reporting for the modern enterprise. Magnitude’s portfolio of products includes: simplified application data access to any data source; data management solutions for the SAP and commerce verticals; simplified master data harmonization and governance; and packaged application analytics and reporting solutions for SAP and Oracle. The company helps thousands of business users simplify management of their data and deliver on the substantial productivity gains these applications originally promised. For more information, please visit www.magnitude.com

About Agility Multichannel

Magnitude Software’s Agility® is a simple-to-use but highly sophisticated Product Information Management (PIM) solution that puts your most valuable product data at the stable core of a go-anywhere, sell-everywhere commerce strategy. Agility Multichannel is the only major PIM vendor focused on fully integrating Product Management, Experience Management and Commerce. Agility services customers both directly and through integration and reseller partners around the world. Visit www.agilitymultichannel.com for access to screenshots, research, videos, customer use cases and more.

Magnitude Software Acquires SAP Business Analytics Innovator Every Angle

Acquisition Strengthens Magnitude’s Position in SAP Ecosystem with Self-Service SAP Analytics and Reporting; Expands Presence in Europe

AUSTIN, Texas – June 27, 2018 – Magnitude Software, Inc., a leader in delivering unified application data management to global organizations across industries, today announced the acquisition of Every Angle Software Solutions, a provider that enables users of SAP-run organizations to optimize their operational performance by empowering insightful and flexible business analytics. Every Angle’s self-service solution works on any SAP system (ECC and HANA) and hides the complexity of SAP’s data structure, allowing end users to quickly identify and resolve key business issues. This third acquisition in the past eight months, and seventh in total, immediately expands Magnitude’s leadership presence in the SAP ecosystem alongside providing a mature base of operations in Europe.

“Magnitude’s mission is to simplify the complex application landscape for our customers and help them realize significant productivity gains by unlocking the value promised by enterprise platforms like SAP,” said Chris Ney, Chairman and CEO of Magnitude Software. “Every Angle shares a similar mission – delivering superior data access and analysis to uncover operational insights and efficiencies, which makes it an ideal complement to Magnitude’s Unified Application Data Management product family.”

The largest global ERP provider with 23% market share according to Gartner, SAP represents a significant market opportunity for the combined solutions of Magnitude and Every Angle. SAP’s Data 2020: State of Big Data report highlighted the need for better enterprise data management, including the ability to unify application data. The joint Magnitude-Every Angle portfolio addresses that need directly by empowering users to gain insights as well as identify and resolve key business issues, while hiding the complexity of SAP’s data structure.

Every Angle Software Solutions complement Magnitude’s expansive SAP Application Data Management solution set, which includes agile SAP data management from Innowera, and SAP Central Finance integration through Magnitude SourceConnect. In addition to having access to these products, Every Angle customers can leverage the full portfolio of Magnitude’s Unified Application Data Management solutions, designed to harness the fragmented digital landscape for business benefit through simplified data access, management, analytics and reporting. This portfolio includes Magnitude Master Data Management (MDM), Agility Product Information Management (PIM), and Magnitude Simba connectivity solutions.

“We are excited about joining Magnitude as it will provide both companies the opportunity to accelerate global expansion, while offering SAP customers an unmatched unified application data management portfolio including an agile analytics suite,” said Fred Hermans, CEO of Every Angle. “We share a vision of simplifying the access to and analysis of data from ERP systems that will allow our customers to increase the business value they realize with these systems.”

Both companies employ customer-centric models and will aim to leverage their combined expertise to broaden their collective value proposition to customers worldwide.

Fred Hermans will continue to lead the business within Magnitude as SVP, Every Angle Solutions, driving the Every Angle solution vision while cementing Every Angle’s role within the broader Magnitude vision, mission and portfolio. Every Angle customers can expect to work with their same support and consulting services teams with an opportunity to leverage the expertise and products of Magnitude Software.

For more information, please read the Acquisition FAQ and blog post.

About Every Angle

Every Angle is an international software company that empowers users of SAP-run organizations to know more and act faster in their operational responsibilities contributing to continuous business improvement. The software’s embedded, cross-functional intelligence transforms Supply Chain, Human Resource, GRC and Finance data into actionable business insight. The plug-and-play solution works on any SAP system (ECC and HANA) and will remove the need for time consuming and expensive BI design and development projects. Every Angle’s solution hides the complexity of SAP’s data structure and empowers business users to operate within a culture based on prevention rather than cure. The self-service analytics model allows users to identify and resolve key business issues before the customer even notices, and frees IT resources and funds to focus on more strategic initiatives. www.everyangle.com

About Magnitude Software

Magnitude’s transformative approach to unified application data management delivers vast operational efficiencies to business application data access, management, analytics and reporting for the modern enterprise. Magnitude’s portfolio of products includes: simplified application data access to any data source; data management solutions for the SAP and commerce verticals; simplified master data harmonization and governance; and packaged application analytics and reporting solutions for SAP and Oracle. The company helps thousands of business users simplify management of their data and deliver on the substantial productivity gains these applications originally promised. For more information, please visit www.magnitude.com

 

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Magnitude Software Acquires Global Visionary in SAP Data Management: Innowera

Sixth Acquisition Expands Magnitude’s Presence in the SAP Market; Adds Mobile and Email SAP Data Solutions to Portfolio

AUSTIN, Texas – December 20, 2017 – Magnitude Software, Inc., a leader in delivering business insights for organizations with increasingly fragmented application and data environments, today announced its second acquisition this quarter: Innowera, a global software provider that enables users to more efficiently manage SAP processes and workflows for productivity and data management. This acquisition immediately expands Magnitude’s portfolio of solutions in the SAP marketplace, provides access to additional target users in the Office of Finance, and complements key solutions including Magnitude SourceConnect for SAP, Magnitude RapidDecision and Magnitude Connectivity solutions.

“Our mission is to enable our customers to derive data-driven insights that yield real business results while reducing time to market and maximizing productivity. Nowhere is this more impactful than within ERP systems, and specifically, SAP,” said Chris Ney, Chairman and CEO of Magnitude Software. “Together, Innowera and Magnitude deliver solutions that unify the enterprise across increasingly fragmented application environments, including simplifying critical data access, management and visibility for SAP users that traditionally required complex programming with limited results.”

“Joining an experienced, customer-focused company like Magnitude will enable us to scale our go-to-market initiatives, expedite our product roadmap and more effectively serve our loyal, global customer base,” said Mickey Shah, Founder and Chief Solutions Architect of Innowera. “The strength of Magnitude’s development team will also benefit our solutions as we leverage technical synergies across the portfolio to further enhance the SAP user experience.”

One of the largest global ERP providers, and the leader in enterprise information management based on revenue according to Gartner, SAP represents a significant market opportunity for the combined solutions of Magnitude and Innowera. The collective portfolio will facilitate faster, more accurate reporting and analytics across customers’ disparate application environments.

Magnitude has in-market solutions to maximize the productivity of SAP users, including Magnitude SourceConnect for SAP, which was co-innovated with SAP. Magnitude SourceConnect enables fast, low-cost, low-risk implementations of Central Finance by streamlining the data ingest process from non-SAP and SAP sources. Innowera expands Magnitude’s SAP capabilities by enabling users to interact with SAP faster and more easily using mediums such as email and mobile, a competitive differentiator. Targeted at non-technical business users, Innowera automates SAP transactions for those users, providing accurate and seamless connectivity between SAP and Excel with built-in compatibility to thousands of SAP workflows. Additionally, Innowera provides governance for managing SAP business processes across a wide range of adjacent applications including Excel, SharePoint, and Salesforce, among others.

For more information, please read the Acquisition FAQ and Chris Ney’s blog post.

About Innowera

Innowera is a leading global software provider that empowers SAP users with agile data management and productivity tools. Innowera is based in Irving, Texas, USA and maintains presence through reseller and distribution channels in Europe, Africa, Asia-Pacific, and Latin America. Innowera is an SAP Certified Netweaver Gateway Integration Solutions Partner.

Innowera prides itself as an inventor and visionary in the SAP Data Management space. Our customers consider us as their partners – not just another software vendor. Innowera makes SAP easier for users on all levels of business by simplifying complex problems and driving efficiencies with automation. Innowera’s Process Runner dramatically reduces the total cost of ownership (TCO) of SAP systems by enabling business and IT users. For more information, please visit www.innowera.com .

About Magnitude Software

Magnitude Software leads the way in delivering corporate insights for digital transformation with solutions that tackle the growing problem of data fragmentation in organizations of all sizes. Magnitude’s portfolio of products includes: pervasive connectivity, master data management (MDM), product information management (PIM) for digital commerce, and pre-packaged analytics solutions for corporate performance management (CPM). For hundreds of thousands of users around the globe, the Company’s software and solutions drive real business results while reducing operational cost and risk. For more information, please visit www.magnitude.com .

Magnitude Software Acquires Agility Multichannel, leading Product Information Management (PIM) Provider

Acquisition Targets Expansion into Rapidly Growing Market for Product Content Management for Multichannel Commerce

AUSTIN, Texas – October 25, 2017 – Magnitude Software, Inc., a leader in delivering corporate performance insights for organizations with increasingly fragmented application and data environments, today announced the acquisition of Agility Multichannel, a product information management (PIM) solutions provider focused on product content management and syndication for multichannel commerce enablement. The acquisition expands Magnitude Software’s ability to drive digital transformation for their customers, broaden coverage into the rapidly growing digital commerce market, and extend its portfolio of pervasive connectivity, master data management (MDM) and pre-packaged analytics solutions for corporate performance management (CPM).

“Our business was created to drive the end-to-end process of delivering insights to business leaders via access, harmonization and analytics to support business decision-making, and reduce operational cost and risk,” said Chris Ney, Chairman & CEO of Magnitude Software. “Today, we expand our capabilities in a growing and relatively under-served market with an agile PIM solution for product content management and syndication – without which organizations cannot efficiently deliver the content necessary for integrating into leading digital commerce solutions.”

According to Gartner, “Digital commerce has been growing rapidly for several years. Gartner forecasts that the digital commerce platform market will achieve a compound annual growth rate (CAGR) of 15% for the period 2015 to 2020.”*

Magnitude Software products allow customers to better leverage their ever-expanding data sets and sources via: connectivity to access the data wherever it resides; master data management to audit, govern, and harmonize data from multiple sources; and pre-packaged analytics to report on and analyze the data to derive trusted insights that improve and manage corporate performance. Agility Multichannel expands these capabilities in PIM, and specifically product content management and syndication for transforming commerce where there are similar needs to access data, manage and harmonize it, then publish it out through multiple channels to enable a customer-experience-focused digital commerce presence, as well as serve other PIM and product data management needs.

“Becoming part of a larger enterprise with strong organizational execution capabilities at scale, and expertise within adjacent markets, accelerates our ability to capitalize on the push for digital transformation, which we see as an imperative for companies seeking to improve or expand their commerce presence,” said Richard Hunt, CEO of Agility Multichannel. “The combined strengths of Magnitude Software and Agility Multichannel open up opportunities to deliver a broader range of complementary solutions that addresses the expanding and highly specialized needs of enterprises driving digital transformation.”

“Agility changed the way our company works. It streamlined processes, cleaned data, and created ‘one source of the truth’. It’s saved time, money and hassle,” said Agility customer Nick Cook, European Brand Director of TTI. “Users like it and embrace it because it’s intuitive and benefits them, no matter what level, or what department. That’s why it’s used, that’s why it’s successful.”

For more information, please read the Acquisition FAQ and Chris Ney’s blog post.

*Gartner report: Digital Commerce Requires an End-to-End Approach to Product Data, Michael Patrick Moran | Simon James Walker, 10 October

About Agility Multichannel

Agility® is a simple-to-use and highly sophisticated Product Information Management (PIM) solution that puts your most valuable product data at the stable core of a go-anywhere, sell-everywhere commerce strategy. We sell and service customers via: offices in Chicago, US, York, UK, and Malmö, Sweden, and integration and reseller partners throughout the world. Visit www.agilitymultichannel.com for open, un-gated access to screenshots, research, videos, customer use cases and more.

About Magnitude Software

Magnitude Software leads the way in delivering corporate insights for digital transformation with solutions that tackle the growing problem of data fragmentation in organizations of all sizes. Magnitude’s portfolio of products includes: pervasive connectivity, master data management (MDM) and pre-packaged analytics solutions for corporate performance management (CPM). For hundreds of thousands of users around the globe, the Company’s software and solutions drive real business results while reducing operational cost and risk. For more information, please visit  www.magnitude.com

 

Frequently asked questions about Magnitude Software’s acquisition of Agility Multichannel

Why did Magnitude Software acquire Agility Multichannel?

The combination of the two companies furthers Magnitude’s strategic vision to enable enterprise-wide visibility and insight for improving and managing corporate performance in a world where critical data must be gathered from multiple sources. Both companies strive to accelerate digital transformation for their customers, with complementary technologies that harness the fragmented data from heterogeneous applications for business benefit.

Agility Multichannel has built a great business focusing on multichannel commerce enablement, Product Information Management (PIM) and related product data applications – a large and relatively under-served market that is growing at 15% CAGR. This solution focus complements Magnitude MDM and adds to our portfolio of solutions driving and enabling breakthrough digital transformation.

For Agility Multichannel, becoming part of a mature enterprise with strong organizational execution at scale, and expertise across the information supply chain, enables accelerated product development, time to market, market reach and customer fulfillment.

What does this mean for Agility Multichannel customers?

Magnitude’s highest priority is customer success, and that includes taking care of the host of loyal Agility Multichannel customers while exploring future opportunities for technology integration and innovation. The combined strengths of Magnitude and Agility Multichannel opens up opportunities to deliver a broader range of complementary solutions that addresses the expanding and highly specialized needs of enterprises driving digital transformation.

The acquisition offers numerous benefits to existing Agility Multichannel customers including:

  • Broader portfolio of applicable offerings: Magnitude’s flexible, model-driven MDM platform delivers a multi-domain solution that fits highly specific and unique customer requirements – beyond PIM and multichannel commerce – for Agility customers with additional MDM requirements. Access to Magnitude’s broader portfolio is ideal for those seeking to solve for business intelligence, data warehousing, data governance and harmonization, master data management, reporting, analytics and data connectivity needs.
  • Continued customer focus: Magnitude values customers and their success, and it delivers on that value at scale with its expert team, innovative and agile products, and technology-enabled support to ensure the best possible customer outcomes. This complements Agility Multichannel’s strong commitment to customer success, and high regard for the loyalty and engagement of the customer base. Magnitude’s business was created to drive the end-to-end process of delivering insights to business leaders via access, harmonization and analytics to support business decision-making, and reduce operational cost and risk.
  • Expanded go-to-market team and capabilities: Magnitude’s deeply experienced go-to-market team spans customer acquisition through customer support and success, and includes professional and managed services experts. Alongside Magnitude’s engineering team and the Agility Multichannel team – and leveraging the companies’ complementary technologies – the combined go-to-market team will accelerate product expansion across applications to address the increasingly fragmented application and data environment in modern-day companies.

What does this mean for Magnitude customers?

Magnitude can now provide customers of our Magnitude MDM, Magnitude CPM and Data Connectivity solutions with a well-respected, flexible product content management and syndication offering designed for multichannel commerce, PIM and other product data applications. Agility Multichannel provides specific capabilities to access product information from many sources and allow it to be governed, enriched and published in a centrally managed environment that can serve as the foundation of a digital commerce presence, and for other PIM requirements and applications, especially as they relate to driving positive customer experience.

How will Agility Multichannel’s Senior Management Team Change?

Agility Multichannel’s strong, proven management team was a critical factor in the acquisition. We’re thrilled that this move allows us to establish a new and critical pillar in our solution portfolio, with Agility Multichannel CEO, Richard Hunt as VP, Agility Solutions for Magnitude Software. This new role is important in the execution of Magnitude’s long-term strategic plan. Jason Simpson, Director of European Sales, reports to Richard.

Graham Cook, VP, Products, reports to Magnitude’s CTO, Darren Peirce. As a key executive of Agility, and now a member of the Magnitude leadership team, Graham will continue to provide leadership and expertise to ensure momentum in Engineering’s current development efforts. We realize the importance of this focus in taking care of the core business while exploring future opportunities for technology integration.

We welcome Richard, Graham, Jason and the entire Agility team to the Magnitude family.

Will there be any changes to the current service level or existing customer contacts?

No. All existing support and service arrangements will continue without interruption and Agility Multichannel’s customers will work with their existing Support and Engineering contacts.

Ensuring Agility Multichannel’s existing and soon-to-be customers are successful is a Magnitude Software priority. Agility Multichannel will operate within the Magnitude Software family and we will continue to service and support existing products, as well as commit resources to enhancing product value for customers.

Who should I contact if I have further questions on the acquisition?

While we will continue to be proactive in communicating to customers and partners any changes that directly affect them, please refer to the information below if you have questions regarding the acquisition:

Agility Multichannel Europe: Customers & Partners – Jason Simpson
j.simpson@agilitymultichannel.com
UK mobile +44 7958 125448

Agility Multichannel North America – Richard Hunt
r.hunt@agilitymultichannel.com
US cell: +1 312 953 5726
UK mobile: +44 7958 638788

Magnitude Customers – Bill Stephens
bstephens@magnitude.com
US mobile +1 770 355-8555

For additional information regarding the acquisition, please refer to our blog and press release.

If you would like to stay informed of the latest Magnitude Software news and developments, please visit www.magnitude.com.

Additional contact information for both Agility Multichannel and Magnitude are as follows:

General Questions – Magnitude Software
info@magnitudesoftware.com
Phone: 866-466-3849
Or see our contact information and forms here.

General Questions – Agility Multichannel
See our contact information and forms here.

Press & Media Contact:
Lauren Johnson, Scratch Marketing + Media
magnitude@scratchmm.com

 

 

Magnitude Software Adds Tony Fisher to Lead Growing Connectivity Business

Strong Momentum Propels Company Into the Back Half of 2017

AUSTIN, Texas – August 1, 2017 – Magnitude Software, Inc., a leader in enabling corporate performance management (CPM), master data management (MDM) and data connectivity in heterogeneous environments, today announced industry veteran Tony Fisher has joined the company. As the General Manager for the Connectivity business, Fisher will be responsible for strategy, growth, product and operations as well as integrating the company’s Simba-based technologies for new Magnitude solutions.

Fisher has been at the forefront of the data management space, spending nearly two decades driving business and navigating the evolution of big data, data management and connectivity. Prior to joining Magnitude Software, Fisher served in various capacities for leading data management providers, including DataFlux Corporation (Chief Executive Officer), Progress Software (Vice President Data Collaboration and Integration) and Zaloni (Senior Vice President, Strategy and Business Development). Under his leadership at DataFlux Corporation, DataFlux grew to the worldwide leader in data quality. In his capacity at Zaloni, he helped the organization in its evolution to a leading software provider in data lake management technology.

“Technology advances have yielded a flood of data – social, location, behavioral, Internet of Things-driven. Answering the important business questions requires knowing what data you have, where and how it relates to the problem you’re trying to solve,” said Fisher. “Connectivity is a foundational technology, essential to making sense of all this information. By tightly integrating this capability with the rest of the Magnitude portfolio, customers will have the means to derive meaningful insights from their data, wherever it resides. I’m excited to accelerate the pace of innovation at Magnitude to help enterprises make sense of all their data.”

Fisher joins Magnitude Software at a time of increasing momentum, propelled by the needs of enterprises to access, analyze and act on the right data in order to make critical business decisions, innovate and enhance how they manage corporate performance. The company has expanded its base to include more than half of the Fortune 500 and all the leaders in the 2017 Gartner Business Intelligence Magic Quadrant.

“Innovation is no longer the sole domain of a small group of ‘really smart people’ within a company. The advent of massive amounts of data has put innovation in the hands of everyone, yet only some have the ability work with it,” said Chris Ney, chairman and CEO, Magnitude Software. “We have decades of experience supporting innovation for major brands by better connecting, harmonizing, governing and analyzing their data. Adding another strong industry leader to our family will accelerate our ability to deliver effective solutions with higher support levels, faster time-to-value and lower risk than our competitors.”

For more information about Magnitude Software, its products and services, click here.

About Magnitude Software

Magnitude Software leads the way in delivering corporate performance insights with solutions for corporate performance management (CPM), master data management (MDM) and data connectivity in heterogeneous environments. The Company’s software and solutions drive real business results for hundreds of thousands of users around the globe while reducing operational cost and risk. For more information, please visit www.magnitude.com

Magnitude Announces RapidDecision 6.5

Prebuilt data warehouse solution now includes searchable metadata definitions, business glossary and lineage

AUSTIN, Texas – February 16, 2017 – Magnitude, a leader in enabling corporate performance management (CPM), master data management (MDM) and data connectivity in heterogeneous data environments, today announced the launch of Magnitude RapidDecision 6.5. The prebuilt enterprise data warehouse solution now includes access to the full metadata model, business glossary and lineage. Access to data within JD Edwards and PeopleSoft ERP systems has also been expanded.

Magnitude RapidDecision delivers a complete, real-time view of business data to enable more informed decision-making based on trustworthy data. The patent-pending technology automatically extracts, transforms, rationalizes and organizes data from ERP and non-ERP sources into a purpose-built, unified data model that is updated in real-time with minimal performance impact to production systems or the network.
Additional Magnitude RapidDecision 6.5 enhancements include:

  • Expanded analytics coverage for human resources data across JD Edwards EnterpriseOne including Average Compensation and EEO Analysis
  • Published metadata model to enable report writers and end users to access complete documentation of the business glossary
  • New search capability for access to enhanced data mart documentation, definitions and source to target data lineage
  • 3x Improvement in load throughput and 7x improvement in query performance

“While ERP systems continue to fragment, pressure to take the pulse of a business in real-time is increasing, creating a bottleneck that can slow decision making,” said Mike Ormerod, Vice President, Product Management of Magnitude. “Complicated, custom solutions simply drive up cost and complexity, often failing to deliver usable functionality in a timely manner. We’re solving that problem with a rapidly deployable, cost-effective solution.”

Magnitude RapidDecision 6.5 can be implemented in as few as 10 days per subject area, and features the industry’s only fixed-fee implementation guarantee. Those interested in learning more can click here.

About Magnitude Software

Magnitude Software leads the way in delivering corporate performance insights with solutions for corporate performance management (CPM), master data management (MDM) and data connectivity in heterogeneous environments. The Company’s software and solutions drive real business results for hundreds of thousands of users around the globe. Magnitude’s family of award-winning applications includes business intelligence, data warehousing, master data management, connectivity, analytics and reporting. At the core of Magnitude’s business is a passion for customer success and vision to accelerate and automate the end-to-end process of accessing, integrating, managing, and analyzing information to support business decision making, while reducing operational cost and risk. For more information, please visit www.magnitude.com