kx-simba-odbc-driver

Kx Offers Magnitude Simba-developed ODBC Connectivity for kdb+

Partnership allows Kx customers to deploy their data to a broader range of applications.

Austin, TX – April 11, 2019: Kx, a division of First Derivatives plc, and Magnitude Software today announced the release of a new driver to enhance Kx’s support for accessing large volumes of external enterprise data via the industry-standard ODBC. Using the Magnitude Simba ODBC driver, custom-built for the kdb+ time-series database, kdb+ users will now have a high-performance interface to seamlessly connect to third-party business intelligence tools such as Tableau, Microsoft Power BI and Excel, as well as other data visualization applications.

Kdb+ is both an in-memory and on disk database with a robust built-in query language, q, and a complete real-time streaming architecture. Recognized for its simplicity and performance, kdb+ is increasingly being used in machine learning and other applications, which are integrated with other software tools. Facilitating fast and easy connectivity was a key motivation for the collaboration between Magnitude Simba and Kx.

For over two decades Open Database Connectivity (ODBC) has been the standard method for applications to interact with external data. Developed by Microsoft and Simba Technologies in the early 90’s, the designers of ODBC aimed to make it easier for users to talk to multiple different databases and operating systems. Over the years ODBC has become the database connectivity standard.

The objective of the Kx and Magnitude Simba partnership is to provide kdb+ customers with a robust ODBC interface to external data directly from kdb+ using a fully featured and certified connector. This ODBC connector can replace or complement existing ODBC connectors from Kx that customers have in place. The new kdb+/ODBC driver is simple to deploy and widely supported, which will further serve to encourage the use of kdb+ by a greater universe of developers.

“The partnership with Kx marks the first Simba driver connecting to a high performance in-memory and on-disk software time-series database,” said Tony Fisher, General Manager of Magnitude Connectivity and the Simba business. “During development, Simba’s team collaborated with developers at Kx and with Kx customers to gather direct feedback regarding what users would like to see in a new ODBC driver.”

Mark Sykes, Group CTO of First Derivatives and COO of Kx, commented: “Many of our customers are using ODBC connectors to extract kdb+ data for their standard visualization tools or spreadsheets. We want to offer them an ODBC/kdb+ driver that would increase the robustness, stability and supportability of this interface. Working with the Simba team allowed us to not only offer a commercially supported solution, but also gives users the ability to take advantage of a kdb+ interface, Tableau TDVT (Tableau Datasource Verification Tool) certified.”

About Kx

Kx is a division of FD, a global technology provider with 20 years of experience working with some of the world’s largest finance, technology, retail, pharma, manufacturing and energy institutions. Kx technology, incorporating the kdb+ time-series database, is a leader in high-performance, in-memory computing, streaming analytics and operational intelligence. Kx delivers the best possible performance and flexibility for high-volume, data-intensive analytics and applications across multiple industries. The Group operates from 14 offices across Europe, North America and Asia Pacific, including its headquarters in Newry, and employs more than 2,600 people worldwide.

For more information about Kx please visit www.kx.com. For general enquiries, write to info@kx.com. For press inquiries, write to pr@firstderivatives.com.

About Magnitude Simba

Simba is the industry choice for standards-based data access and analytics solutions, and for innovation in data connectivity, such as with Magnitude Gateway. Our reputation as the connectivity pioneer means we’re the preferred partner for SDKs – ODBC, JDBC, OLE DB for OLAP (ODBO) and XML for Analysis (XMLA) – and our technology is embedded into today’s most popular BI and analytics applications. A subsidiary of Magnitude Software, the unified data application management leader, Simba provides connectivity solutions that are pivotal to the vast operational efficiencies delivered by the Magnitude portfolio of products.

For press inquiries for Magnitude Simba: onemagnitude@scratchmm.com

simba-social-media-drivers

Simba Technologies Powers Up Data Access in Worldwide Data Revolution

New Social Media Drivers Deliver Live Data in Single Dashboard

AUSTIN, Texas – April 8, 2019 – Magnitude Software, Inc., a leader in delivering unified application data management to global organizations, today announced a suite of high-performance social media ODBC & JDBC drivers from subsidiary, Simba Technologies. The drivers allow organizations to connect live data to their business intelligence (BI), analytics and reporting tools of choice for YouTube Analytics, Facebook, Twitter Ads, and LinkedIn. These new offerings build on Simba’s strong momentum in the data revolution, wherein Simba enables enterprises and software/SaaS providers alike to meet customer demand for accessing and connecting to the explosion of data created from more and more sources.

The latest Simba ODBC & JDBC Drivers connect social media data in powerful new ways by empowering users to easily access live data through Google Cloud, Tableau, Qlik, Excel, Power BI or any analytics application, to simplify BI, analytics and reporting.

“Digital transformation is escalating data connectivity to the top of business priorities as every company relies on its data to make intelligent decision-making possible,” said Tony Fisher, General Manager, Magnitude Connectivity. “This is becoming ever more complex with the troves of structured and unstructured data being produced across business applications on disparate enterprise systems, cloud and social platforms. Simba is the industry’s de facto choice for standards-based data connectivity … and the preferred engineering partner for leading software developers and application data providers.”

Additional highlights demonstrating Magnitude’s Simba Connectivity business momentum:

  • More and more demand for accessing popular open-source data sources and cloud applications including Spark, MongoDB, Hive, Presto and Salesforce generate increasing demand for Simba’s connectivity solutions including our connector toolkit, SimbaEngine SDK.
  • Simba is the official developer for Google Cloud BigQuery ODBC and JDBC drivers. Google BigQuery is a fully-managed data service that lets users run queries against data stored on Google Cloud Storage. With the growing adoption of BigQuery, Magnitude’s Simba team is working closely with BigQuery development teams to deliver new capabilities.
    “We’re constantly working to exceed our BigQuery customers’ performance expectations,” said Chad W. Jennings, Product Manager, Google. “Working with Magnitude’s Simba team allowed us to bring new improvements to an even larger part of the Google BigQuery user base to empower faster business analysis and reporting. Most recently, the Simba team has added support for our BigQuery Storage API making it possible for our users to realize massive performance benefits.”
  • The unveiling of Magnitude Gateway represents an industry breakthrough for connecting applications and data sources, creating an intelligent and unified bridge to today’s critical business apps and data sources.

Today, Magnitude’s Connectivity solutions – created by the Simba team – are used by 100% of the Gartner BI Magic Quadrant. Companies worldwide like Hortonworks, Google Cloud, Intel, Microsoft, Splunk, Tableau, Oracle and SAP partner with Simba to enable seamless connections between data sources, analytics and other applications.

About Simba, a Magnitude Company

Simba is the industry choice for standards-based data access and analytics solutions, and for innovation in data connectivity, such as with Magnitude Gateway. Our reputation as the connectivity pioneer means we’re the preferred partner for SDKs – ODBC and JDBC – and our technology is embedded into today’s most popular BI and analytics applications. A subsidiary of Magnitude Software, the unified data application management leader, Simba provides connectivity solutions that are pivotal to the vast operational efficiencies delivered by the Magnitude portfolio of products. For more information, please visit www.magnitude.com , or www.simba.com

Magnitude’s Investment from 3i
Supports International Acceleration

Magnitude Primed for Worldwide Data Revolution

Austin, TX – March 19, 2019 – Magnitude Software, Inc., the leader in unified application data management solutions, today announced significant investment from 3i Group plc ($340m ev, $179m equity). 3i is a leading international private equity and infrastructure investment management firm. The firm is investing behind Chris Ney, Chairman and CEO of Magnitude, who will maintain a significant stake in the business.

Magnitude, through solid organic growth and strategic acquisitions, more than tripled revenue, tripled profits and tripled global footprint in 3+ years. Magnitude is primed for its next significant growth phase.

Chris Ney, Founder, Chairman & CEO, Magnitude, stated:

“Magnitude is a dominant player in the data revolution. We enable enterprises to realize the vast operational efficiencies promised by modern business applications. Our executive team sought a strong international financial partner with a heritage of backing world-class companies, and a systematic approach to global expansion. We found all that in 3i. This relationship aligns with our number one goal: customer success. It reflects our vision to significantly leverage our global acquisition strategy, technology innovation and scalable operational platform to profitably deliver even greater value to our growing blue-chip customer base.”

Andrew Olinick, Co-Head 3i North America, added:

“Magnitude provides a highly attractive market and business growth opportunity backed by a strong executive team, led by Chris Ney. Management has a track record of building great teams, delivering broad customer success and rapid growth. The data opportunity, and challenge, is only getting larger with the increasing amount of data that companies generate and need to analyze.”

The partnership will enable Magnitude to continue executing on strategic expansion plans fueled by: market opportunity; its growing base of over 1,400 customers, including 50% of the Fortune 100; the expertise of the Magnitude team across North America, Europe and India; and a portfolio of award-winning software solutions that empower enterprises to unify fragmented data and deliver actionable insights for critical business decisions. Magnitude continues to focus on global growth across the ERP ecosystem, where SAP and Oracle represent major market share.

More details can be found in our Frequently Asked Questions document.

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Media contact: Meredith Wilshire, Scratch Marketing + Media, Meredith@scratchmm.com

About Magnitude – Magnitude’s transformative approach to unified application data management delivers vast operational efficiencies for today’s complex business application landscape. By way of its broad portfolio of business application data access, management and reporting products the company helps thousands of business users simplify management of their data and deliver on the substantial productivity gains modern applications originally promised. For further information please visit: www.magnitude.com.

About 3i Group – 3i is a leading international investment manager focused on mid-market private equity and infrastructure. Its core investment markets are northern Europe and North America. For further information, please visit: www.3i.com.

Magnitude’s Investment from 3i
Supports International Acceleration

Magnitude Primed for Worldwide Data Revolution (FAQ)

Frequently Asked Questions

What’s the news?
Magnitude Software, Inc., the leader in unified application data management solutions, today announced significant investment from 3i Group plc. 3i is a leading international private equity and infrastructure investment management firm. The firm is investing behind Chris Ney, Founder, Chairman & CEO of Magnitude, who will maintain a significant stake in the business.

Why did Magnitude Software establish a financial and business partnership with 3i Group plc (3i)?
Magnitude, through solid organic growth and strategic acquisitions, more than tripled revenue, tripled profits and tripled global footprint in 3+ years. Primed for our next significant growth phase, we sought a strong financial sponsor with a global network, world-class company portfolio, and systematic approach to international expansion. Following an extensive search by Magnitude’s executive team, 3i was selected given its international capabilities and proven track record.

The partnership with 3i will enable Magnitude to further its record of success via organic growth and additional strategic acquisitions. It will accelerate our ability to execute on strategic expansion plans fueled by: market opportunity; our growing base of over 1,400 customers including 50% of the Fortune 100; the expertise of the Magnitude team across North America, Europe and India; and a portfolio of award-winning software solutions that empower enterprises to unify fragmented data and deliver actionable insights for critical business decisions.

What does this mean for Magnitude customers?
Magnitude’s highest priority is customer success. The relationship will enable us to continue to execute on our vision to significantly leverage our global acquisition strategy, technology innovation and scalable operational platform to profitably deliver even greater value to our growing blue-chip customer base. Our focus on global growth across the ERP ecosystem, where SAP and Oracle represent major market share, will also continue.
With the investment, Magnitude furthers its ability to provide customers with better and new ways to harness the fragmented digital landscape for business benefit – and for partners to grow their share in the ecosystem.

Magnitude will continue to scale the business for:

  • Greater choice in solutions: Magnitude will continue to invest in organic growth, enhancing our existing solutions and expanding our portfolio by bringing new innovations to market. We will also grow inorganically, sourcing solutions and companies that complement our vision to enable customers to drive the vast operational efficiencies promised by modern enterprise applications.
  • Continued customer and partner success: Magnitude is committed to its customers and partners, applying our expert team, innovative solutions and technology-enabled support to ensure the best possible outcomes. We remain focused on helping customers and partners accelerate time-to-value, reduce costs and risks, and increase productivity – extending the value of infrastructure investments.
  • Accelerated growth: 3i brings to the table a global network, history of backing world-class companies, and systematic approach to international growth. This, combined with financial investment, will enable Magnitude to accelerate the pace of product innovation, expand our dominant position in the market, and scale customer success. This investment also enables our best-in-class network of partners more opportunities to grow their businesses alongside ours.

What does this mean for 3i?
For 3i, Magnitude provides a highly attractive market and business growth opportunity backed by a strong executive team, led by Chris Ney, Founder, Chairman & CEO of Magnitude. Magnitude executives have a track record of building great teams, delivering broad customer success and rapid growth. In addition, 3i finds the data opportunity compelling given it will only increase with the expanding amount of data companies generate and need to analyze.

The partnership with Magnitude allows 3i to further diversify its international portfolio with a technology platform play. In addition, Chris remains a significant shareholder and personal investor moving forward.

What about Audax, Magnitude’s PE firm since 2014?
Audax Group has been a tremendous partner, instrumental in our growth since 2014. Magnitude acquired six companies since we joined forces with Audax. The combination of our powerful team and Audax backing propelled us to this day where we are primed to harness the opportunity of the worldwide data revolution and accelerate our global growth.

How will this impact Magnitude leadership and team?
Chris, along with other senior executives, remain stakeholders in the business. Chris and the executive team remain committed not just to Magnitude’s customers and partners, but also to the employees who have made the company great.

Will there be any changes to the current service level or existing customer/ partner contacts?
No. All existing support and service arrangements continue without interruption. Customers and partners will work with their existing contacts.

Who should I contact if I have further questions on the news?
We will continue to be proactive in communicating to customers and partners any changes that directly affect them. Please refer to our announcement and the information below if you have questions regarding the news:

Every Angle, Innowera, Z Option customers & partners –
fhermans@magnitude.com

Agility Multichannel, Noetix, Magnitude MDM & DIW, Magnitude SourceConnect and RapidDecision customers & partners –
bstephens@magnitude.com

Simba connectivity customers & partners –
tfisher@magnitude.com

For additional information regarding the investment announcement, please refer to our 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:
General Questions – Magnitude Software

info@magnitude.com
Phone: 866-466-3849
Or see our contact information and forms here.

Press & Media Contact:
Meredith Wilshire, Scratch Marketing + Media
Email: meredith@scratchmm.com

 

Independent Research Firm Positions Magnitude Software as a Strong Performer in Evaluation of Master Data Management Solutions, Q1 2019 Report

AUSTIN, Texas – March 12, 2019 – Magnitude Software, Inc., a leader in delivering unified application data management to global organizations, today announced that Forrester Research, Inc., a leading independent technology and market research company, has positioned the Company’s Master Data Management (MDM) as a “Strong Performer” in The Forrester Wave™: Master Data Management Solutions, Q1 2019.

Forrester states that Magnitude Software provides a classical on-premises and cloud MDM solution. The report states that reference customers appreciate the ease of use, ease of implementation, and ease of deployment — as well as  Magnitude’s customer service.

“We are delighted to be recognized both as a strong performer in The Forrester Wave™: Product Information Management Solutions, Q2 2018 and now in the new Forrester MDM Wave. We provide best of breed solutions for these critical business applications,” said Richard Hunt, VP Agility PIM and Magnitude DIW and MDM solutions.

Magnitude MDM received the highest score possible in the evaluation criteria of  data quality, dynamic data governance, data context and integration. Magnitude was also one of the vendors with the highest score possible in the time-to-value criteria, which is defined as “best-in-class capabilities for time-to-value, as seen in the demo scenarios, plus best customer reference results”.

“We are gratified by Forrester’s recognition of what we believe to be the value we bring to validation and governance of our customers’ use of information,” said Diana Collins, Senior Solution Architect and Product Manager of MDM and DIW solutions for Magnitude Software. “Our customers are our most valuable asset – we’ve built an unmatched portfolio to help them unify access to all enterprise data sources and simplify the governance and management of master data so they can gain real-time insights to drive operational efficiencies.”

A complimentary copy of the report is available from the Magnitude Software website here.

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; product information management (PIM); 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

 

 

Advellence and Magnitude Software Partner to Deliver Intelligence-based Product Information Management

ZURICH, Switzerland and York, United Kingdom – March 7, 2019 – Advellence Solutions AG, a leading Swiss IT company that specializes in strategic and operational IT solutions and Magnitude Software, Inc., a leader in delivering unified application data management to global organizations, today announced a partnership agreement to market and support Agility PIM, a leading Production Information Management solution.

Furthermore, the partnership will enable Advellence to take advantage of Magnitude’s closely aligned Master Data Management (MDM) and Data Warehouse DIW solutions. In addition, Advellence’s SAP expertise lends themselves to provide a fully integrated solution using Magnitude’s market-leading source connectors to SAP. Magnitude Software will benefit from Advellence’s deep expertise and track record of success in PIM and knowledge of the DACH (D – Deutschland (German), A – Österreich (Austria), CH – Schweiz (Switzerland) region and other European markets.

Advellence’s DAM (digital asset management) solution is highly complementary to Agility PIM’s new version 8. With proven success at using artificial intelligence (AI) to help fast track the creation of rich content and help buying decisions, Advellence can be harnessed by Agility PIM users.

Wrapping up the first 2-day strategy meeting in York, UK, Richard Hunt, VP Agility, MDM and DIW solutions for Magnitude Software said: “It’s rare to find such a highly successful system integrator in the PIM space that’s also delivering true innovations in the areas of AI, DAM and with SAP. We look forward to teaming with Advellence to further our mission of enabling retailers, distributors and global brand manufacturers to drive competitive advantage through intelligence-based product information management.

“Beyond the advanced capabilities of the business-friendly Agility PIM solution, our customers will further benefit from Magnitude’s industry-leading Data Analytics and MDM and unique SAP product connectors to solve the mounting application and data challenges facing today’s digital enterprise,” said Otakar Tomes, CEO of Advellence Solutions AG. “With Magnitude’s unified application management portfolio, we’re able to implement an unmatched offering that encompasses connectors to SAP, other ERP solutions, data analytics, MDM, DAM and PIM.”

About Advellence Solutions AG

Advellence Solutions AG is a Zurich-based leading Swiss IT-company that specializes in strategic and operational IT-solutions. We place our focus on both our own solutions and solutions from external providers in the areas of enterprise content management ECM, master data management MDM/product information management PIM and media asset management MAM/digital asset management DAM.

With our expertise in providing complete solutions, we offer a solid unit of services and technologies, which fit seamlessly together – from the consulting, conception and development to the integration and implementation.

Advellence Solutions AG data management experts serve clients of all sizes, from medium-sized businesses to leading enterprises. Master Data Management is an important part of their solutions portfolio. For more information about Advellence Solutions AG, please visit www.advellence.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; product information management (PIM); 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 Innovator Z Option

Fourth Acquisition in a little over a year Broadens Magnitude’s Position in SAP Ecosystem

AUSTIN, Texas – December 31, 2018 – Magnitude Software, Inc., a leader in delivering unified application data management to global organizations, today announced the acquisition of Z Option Inc., Magnitude’s fourth acquisition in little over a year and eighth in total. Z Option, a leading provider of cost effective, ready-to-use software that significantly reduces the cost of using and implementing SAP, broadens and deepens Magnitude’s leadership presence in the SAP ecosystem, providing even greater value to the Office of Finance.

“Magnitude’s mission is to simplify the complex application landscape for our customers, enabling them to realize significant productivity gains by unlocking the value promised by enterprise platforms like SAP,” said Chris Ney, Chairman and CEO of Magnitude Software. “Z Option shares a similar mission – to improve customer return on SAP investments by delivering efficient execution of common SAP functions directly from Microsoft Excel®– making Z Option an ideal complement to Magnitude’s Unified Application Data Management product family.”

Magnitude, recognized on the 2018 Inc. 5000, recently announced the tripling of its recurring revenue, profit and global team over three years. The combination of Magnitude and Z Option facilitates faster, more accurate data management, reporting and analytics across SAP customers’ fragmented application environments from the convenience of Excel. Z Option’s GLSU and Budget Loader solutions complement Magnitude’s growing SAP Application Data Management solution set, which includes agile SAP data management and analytics from Magnitude’s Innowera, Every Angle and SourceConnect solutions.  Magnitude’s Innowera solutions will further increase the productivity of GLSU users as they seek to perform bulk data management and journal entries in their SAP environments through workflow and governance capabilities already available in Magnitude’s Innowera solutions.

“We are excited about joining Magnitude as it will provide both companies the opportunity to accelerate global expansion in the SAP market. Together, we offer SAP customers an unmatched, unified application data management portfolio including a flexible, intuitive spreadsheet interface for collecting and posting financial transactions to SAP that boosts employee productivity, said Jim Halepaska of Z Option.

For more information, please read the Acquisition FAQ.

About Z Option
Z Option Inc., a privately held Texas C-Corporation and SAP software partner, has provided effective software solutions for corporations such as Shell, Rio Tinto and Kraft Foods. Incorporated in 1999, Z Option’s growing list of Fortune 500 and smaller customers has underscored the company’s commitment to engineering superior complementary SAP software that focuses on solving real-world end-user problems. Founded by three former SAP consultants with backgrounds in Accounting and Information Technology, and an average 23 years of SAP experience, Z Option Inc. brings customers the ideal blend of end-user features while eliminating the need for lengthy internal development life cycles, budget overruns, and excessive support costs.

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

For more information, press only:

Sydney Huffman
Scratch Marketing + Media
onemagnitude@scratchmm.com

 

Magnitude Delivers Solutions to Streamline Today’s Hybrid Analytic Workload

Magnitude Delivers Solutions to Streamline Today’s Hybrid Analytic Workload

Austin, TX – November 7, 2018 – Magnitude Software, Inc., a leader in delivering unified application data management to global organizations across industries, today announced the release of Noetix Cloud Analytics, Power BI Generator 1.0 for Oracle EBS NoetixViews and RapidDecision 7.1. Harnessing the company’s deep expertise across Oracle Applications, these solutions expand Magnitude’s commitment and value to Oracle based enterprises working to streamline today’s hybrid analytic workload and streamline operational effectiveness.

“Magnitude is thrilled to simultaneously bring three products to market that enable greater operational efficiency for the Oracle ecosystem,” said Darren Peirce, CTO at Magnitude Software.

Magnitude Noetix Cloud Analytics

“The Magnitude Unified Business Analytics solution leads the way in addressing customers’ needs for hybrid analytics architectures across Cloud and on-premises,” stated Peirce.

A centralized analytical platform, Noetix Cloud Analytics’s uniqueness stems from the combined experience and knowledge from Magnitude’s Noetix and RapidDecision product suites. Noetix Cloud Analytics delivers support for combined reporting across multiple ERPs and external SaaS applications including Oracle Cloud Applications. The solution also provides real-time views for Oracle EBS, Oracle Cloud Applications, and Oracle JD Edwards.

Power BI Generator for Oracle EBS NoetixViews

“Magnitude’s newly released PowerBI integration allows customers to get all the benefits of the market leading Microsoft PowerBI solution,” said Peirce.

Originally derived from Generator for Tableau, the new addition to the Generator family of products enables reporting in PowerBI for NoetixViews. The solution accelerates the implementation of PowerBI and delivers standardized business friendly access to Oracle EBS.

RapidDecision 7.1

“The latest release of RapidDecision 7.1 continues our commitment to the market and our customers who continue to innovate their on-premises analytics,” added Peirce.

RapidDecision release highlights: simplified architecture; streamlined upgrade process; support for SAP Data Services 4.2 SP10; HR reports; improved overall performance; and over 100 maintenance fixes.

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 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

 

 

Announcing Magnitude SourceConnect for SAP S/4HANA® for Central Finance Foundation

Magnitude SourceConnect enables a fast, low-cost and low-risk integration of third-party data into SAP S/4HANA, central finance

Austin, TX – October 31, 2018  – Magnitude Software, Inc., a leader in delivering unified application data management to global organizations across industries, today announced the launch of Magnitude SourceConnect. Magnitude SourceConnect is a suite of applications that enables fast, affordable, and low-risk integration of third-party data into SAP S/4HANA® for central finance foundation by streamlining key aspects of the data integration process.

SAP S/4HANA central finance brings tremendous value to customers looking to aggregate all their financial transactions into a central system for advanced reporting and scalability. Magnitude worked with SAP to create a companion solution for SAP S/4HANA central finance foundation to handle customers’ third-party data. The result was a product suite – Magnitude SourceConnect.

“I’m delighted to introduce Magnitude SourceConnect, a specialized solution that vastly accelerates the operational integration of these applications with S/4HANA central finance foundation,” said Darren Peirce, CTO at Magnitude Software. “This solution will allow customers to realize the benefits of having S/4HANA at the core of their digital business.”

Magnitude SourceConnect solutions are now available for discovery and purchase on the SAP App Center, making it easy for customers and their account teams to work with Magnitude to extend their implementations of SAP S/4HANA central finance.

The Magnitude SourceConnect product suite complements Magnitude’s expansive solution set, which includes agile data management from Innowera, and self-service reporting and analytics through EveryAngle. “The addition of SourceConnect to Magnitude’s product portfolio demonstrates our commitment to serve businesses that use SAP solutions,” added Peirce.

About Magnitude SourceConnect

Magnitude SourceConnect suite enables users to effectively and efficiently integrate data from multiple source systems with SAP S/4HANA central finance. The SourceConnect suite offers the following products to help support third-party data:

  • SourceConnect Transaction brings non-SAP ERP data in real-time into the Universal Journal in SAP S/4HANA.
  • SourceConnect DrillDown allows businesses to easily see the details associated with transactions.
  • SourceConnect SyncBack updates the source system with changes made in SAP S/4HANA central finance, enabling a shared services platform.
  • SourceConnect Harmonization automates and accelerates the process of master data harmonization for both SAP & non-SAP systems for the initial load of data into SAP S/4HANA.

For details on Magnitude SourceConnect, visit the SAP App Center or  www.magnitude.com/SAP

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 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

SAP, SAP S/4HANA 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 additi onal trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

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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Lauren Johnson
Scratch Marketing + Media
Lauren@scratchmm.com