By Chairman & CEO
It’s official, Magnitude Software has acquired data warehouse solutions provider Datalytics Technologies!
This acquisition is an enormous milestone as it furthers our strategic objective to help organizations gain actionable and accurate insights from their heterogeneous application and fragmented data environment, to support business decision-making, while reducing operational cost and risk.
Strategic acquisitions are a key part of our strategy. We augment internal innovation by acquiring companies whose best-of-breed products and services complement our own award-winning solutions in Corporate Performance Management and Master Data Management. By developing and acquiring complementary technologies to create innovative new solutions, we can extend our capabilities for existing customers as their needs evolve, while also strengthening our position as the strategic solution provider of choice in the Enterprise Information Management (EIM) software segment.
Datalytics’ industry-leading solutions solve the challenge of extracting insights from massive volumes of hard-to-understand data trapped in disparate ERP systems. As part of the Magnitude Software family of applications, Datalytics will enable us to provide packaged analytis for Oracle’s family of ERP systems (JD Edwards, PeopleSoft, E-Business Suite) and for SAP in the form of pre-built data warehouse and data mart solutions. More than 30 years of technology expertise is built in to every Datalytics solution implemented for the world’s leading brands. We are excited to have them join our team!
We are celebrating the acquisition at SAP’s SAPPHIRENOW conference this week in Orlando. SAPPHIRENOW attendees can visit Datalytics and Magnitude Software in booth 1079. To read more about the acquisition, go to http://magnitudesoftware.com/?p=10184.