Magnitude Software Company News

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 […]

Frequently Asked Questions: Magnitude’s Acquisition of Innowera

Why did Magnitude Software acquire Innowera? Magnitude’s acquisition of Innowera – its second acquisition this quarter – expands its portfolio of solutions in the SAP marketplace and aligns with its commitment to unifying the enterprise where disparate applications result in increasing data fragmentation. One of the largest global ERP providers with a 23% market share, […]

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

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.

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.

Magnitude Software Adds Tony Fisher to Lead Growing Connectivity Business

Magnitude announced today 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.

Magnitude Announces RapidDecision 6.5

Magnitude announced today 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 Software Introduces Master Data Management 10

New Version Provides Streamlined Synchronization, Harmonization and Governance Austin, TX – February 8, 2016 – Magnitude Software, a leader in enabling corporate performance insights through master data management (MDM), corporate performance management (CPM) and data connectivity solutions for heterogeneous environments, today announced version 10 of its Master Data Management software.

Magnitude Software and ABInBev Labatt Breweries to Discuss Proactive Master Data Management at MDM & Data Governance New York

“Over the course of this implementation, Magnitude not only helped us establish the proper technology strategy but also ensured we had the right products and partner in place to guarantee effective business analytical outcomes,” said Bazdikian. “During this talk we look forward to sharing how ABI and Magnitude worked together to align business processes with master data and establish a proactive approach to MDM.”

Magnitude Software and Hitachi Solutions America, Ltd Establish Partnership

“Together, through the power of this strategic partnership, Magnitude Software and Hitachi Solutions will address a growing and significant market need within the Microsoft Dynamics ecosystem,” said Lou Guercia, Magnitude Software Chief Operating Officer. “Our combined offering for this important community will go a long way toward addressing the MDM and data quality challenges found within an increasingly hetereogenous data landscape.”

Magnitude Software Strengthens Partner Ecosystem with Parity Solutions Integration Partnership

“The project managed and delivered by Parity has impressed on every criterion – speed of delivery, budget and all-round capability,” said Frederic Wens, Business Systems & Data Manager at British American Tobacco Belgium. “The Kalido based solution has enabled us to deliver a future-proof, flexible data warehouse which takes a number of different source feeds, produced bullet-proof consolidated post-merger reports and ensured compatibility with our ongoing SAP convergence program.”

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Chris Ney

Chairman and
Chief Executive Officer

Chris oversees Magnitude Software’s overall corporate vision and strategic direction.

As Chairman and CEO, Chris leads Magnitude Software’s corporate vision and strategic direction, driving the company’s acquisition, integration and growth strategies to extend the company’s global reach. Under his leadership, Magnitude Software has developed an unparalleled customer experience, strengthened its culture of innovation, and greatly increased profitability and shareholder value. In September 2014, Chris successfully secured up to $100 million in capital to further build Magnitude Software through product innovation, organic growth and strategic acquisitions.

Ney was previously Co-Founder and President of Silverback Enterprise Group, where the team completed the strategic acquisition of nine industry-leading enterprise software companies and leveraged their synergies to build two powerful new entities: Magnitude Software and Upland Software. Magnitude Software offers a family of award-winning solutions for enterprise performance management, master data management and data connectivity. Upland Software (Nasdaq: UPLD) went public in late 2014 and is a leading provider of cloud-based enterprise work management software with over 2,000 active enterprise customers and more than 235,000 active users in more than 50 countries.

Prior to co-founding Silverback, Ney was CEO of a series of Trilogy/Versata portfolio software companies. He previously served as Chairman of the Board, CEO and Founder of CoreTrac, a financial services CRM software company. Ney began his career working for investment banking firms Lehman Brothers and UBS.

He holds a Bachelor’s Degree in Economics from Texas A&M University.

LinkedIn

Rik Thorbecke

Chief Financial Officer

Rik oversees finance strategy and operations, risk management, legal, IT and sales operations.

As CFO, Rik leads a team focuses on effective business partnerships that drive continuous improvement in business process and technologies. He is an experienced CFO, COO, and Advisory Board Member with broad, global leadership experience in the software, SaaS, internet, cloud, telecommunications, and electronic manufacturing industries. Rik is skilled in strategic finance, mergers and acquisitions, IPO readiness, business planning, investor relations, enterprise software, entrepreneurship, and international business. He is a strong business development and customer-oriented executive.

Rik spent 25 years in various executive finance and strategy roles at a number of well-known public and high-growth private companies, including Electronic Arts, Equinix, and Levi Strauss; he was also CFO of Plastic Logic, Meltwater and Mirantis. He started his career at PwC where he became a partner in the global technology practice based in the Amsterdam office. In 1999 he moved to the San Jose, California office where he served as partner in the Software and Internet practice. Following the path of many expatriates he, his wife and three children decided to call the San Francisco Bay Area their home ever since.

Rik holds a Double Bachelor’s of Science Degree in Marketing and Economics, a Master’s of Science Degree in Business Administration and a Post Graduate Degree in Accounting and Auditing from the University of Amsterdam, the Netherlands. Rik is also an active California CPA.

LinkedIn

Kevin Mischnick

Senior Vice President,
Finance and Accounting

Kevin oversees global financial operations for Magnitude Software.

Bringing more than 25 years of financial experience to Magnitude Software, Kevin is responsible for a number of areas of the business, including Finance, Accounting, Legal and Information Technology.

Kevin’s background includes building and transforming financial teams into high-performing units, implementing systems and processes focused on cost savings and efficiency, and raising nearly $100 million in investor capital. He served as Senior Vice President of Finance for Multimedia Games Inc. and Capstar Broadcasting Corporation. Under his financial leadership, the market values of both companies increased more than tenfold.

Kevin is a certified public accountant and holds a Bachelor of Business Administration in Accounting from Texas Tech University.

LinkedIn

Laurie Dahlgren

Laurie Dahlgren

Global Vice President, People Operations

Laurie oversees HR strategy, talent acquisition, employee engagement and organizational development.

As Magnitude Software’s global people operations leader, Laurie drives initiatives that empower an engaged, high-performing workforce, in alignment with business goals and in support of rapid business growth.

Laurie brings extensive leadership experience across multiple industries and companies at different stages and sizes, including working with employees in 30 countries across 70+ locations. Prior to joining Magnitude, Laurie served as Vice President of People at Mirantis, a leader in open cloud infrastructure. Previously, she was Vice President of Human Resources at Meltwater, a global SaaS company engaged in media intelligence. She held leadership roles with several Silicon Valley venture-backed, technology companies before relocating to Austin, TX in 2017.

LinkedIn

Bill Stephens

General Manager, Magnitude Applications

Bill leads the Magnitude Applications business, driving strategic direction, product and service execution, revenue growth and customer engagement across Magnitude’s applications portfolio.

A seasoned IT and consulting executive with a 20-year track record leading teams to drive customer success across diverse industries, Bill previously served as BIAS’ Vice President of Services overseeing the successful delivery of solutions across the Public Sector and Commercial markets. Prior to BIAS, Bill served for over a decade at Oracle Corporation as an applications consultant, project manager, senior operations director, and consulting executive.

He developed the foundation of his leadership skills while serving as a Cavalry Scout in the Kentucky Army National Guard.

Bill holds a Bachelor of Science in Finance from the University of Louisville.

LinkedIn

Tony Fisher

General Manager, Magnitude Integration

Tony leads the Magnitude Integration business, driving strategy, revenue, product and operations as well as leveraging and integrating our Simba- and Innowera- based technologies for new Magnitude solutions.

An accomplished data management and big data marketplace leader, Tony previously served as the SVP, Business Development & Strategy at Zaloni, an award-winning enterprise data lakes management provider; prior to that role, he was Vice President, Data Collaboration & Integration at Progress Software, where he led the business line’s strategic direction and operations.

Prior to Progress, Tony was the CEO of Dataflux Corporation. He also served as Director of data warehouse technology at SAS. A key technology leader at SAS, Tony provided the engineering research and development direction that helped make SAS the market leader in data warehouse software sales.

Tony earned a Degree in Computer Science and Mathematics from Duke University.

LinkedIn

Darren Peirce

Chief Technology Officer

Darren spearheads the development, execution and management of strategic opportunities and key customer accounts across our portfolio.

As Magnitude’s technology guru and evangelist, Darren is critical to building on our position as a leading provider of software and services that help organizations tackle the challenges and opportunities inherent in digital information management.

Previously, Darren served as CTO and Group Vice President of Product Management at Kalido; prior to that role, he was the Lead Solutions Architect and Manager of Professional Services in the United Kingdom. He also worked in senior consulting positions for companies such as Royal Dutch Shell and British Telecom.

Darren received a degree in Management from Intec College in Cape Town, ,South Africa, and studied Economics at the University of Stellenbosch.

LinkedIn

Mihir Shah

Executive Vice President,
Corporate Development and Strategy

Mihir is responsible for Magnitude Software’s acquisition and organic strategy.

Mihir has over a decade of experience leading acquisitions and strategy. During this period, he led several public and private company acquisitions, divestitures, and minority and majority equity investments.

Previously, Mihir was M&A Executive for IBM’s Information Management Software division, executing IBM’s inorganic strategy through M&A and strategic partnerships. He also served as Operating Executive for private equity firm, Golden Gate Capital, and as Vice President for Corporate Development at Aspect Software.

Mihir holds an MBA from the University of Chicago Booth School of Business and Master of Science from Worcester Polytechnic Institute.

LinkedIn

Karen McPhillips

Vice President,
Marketing

The mind that opens to a new idea never returns to its original state

Karen McPhillips drives marketing strategy and operational execution to grow the company profile, revenue and market position.

Leveraging 20+ years of transformational marketing experience, Karen fuels Magnitude’s corporate and existing portfolio marketing, collaborating to maximize the company’s business strategy while also supporting integration of acquired products and services.

Karen has served on leadership teams of public and private companies of all sizes, transforming marketing functions and generating both tangible and intangible value. Most recently at PlumChoice, she and her team repositioned the brand and metamorphosed the marketing function in support of the company’s pivot from IT support provider to leader in the cloud services and Internet of Things spaces. At Iron Mountain and its technology arm, Iron Mountain Digital, she created new marketing functions, introduced the marketing operations discipline, and spearheaded a closed-loop leads-to-revenue framework coupled with a brand-to-demand communication platform that raised the bar on marketing’s revenue influence. Prior to Iron Mountain, Karen held marketing leadership roles with SaaS back-up leader, Connected Corporation (acquired by Iron Mountain), and SilverStream Software, contributing to the company’s IPO and acquisition by Novell.

Karen earned a Bachelor’s degree in Journalism from St. Michael’s College in Vermont.