RALEIGH, N.C., April 7, 2021 /PRNewswire/ — insightsoftware, a worldwide supplier of enterprise software program options for the Office of the CFO, right now introduced it has acquired Logi Analytics, the main supplier of embedded analytics options for software program suppliers. Addressing an rising development, the deal positions insightsoftware as a pacesetter in integrating monetary and operational reporting and expands the corporate’s market alternative via embedded analytics for business software program organizations and company utility groups. Terms of the deal weren’t disclosed.
As executives more and more depend on information and analytics to drive knowledgeable monetary and operational selections, this acquisition brings complementary enterprise intelligence (BI) and operational analytics to insightsoftware’s market-leading portfolio of real-time information, reporting and analytics for finance groups.
“This is a critical piece of our long-term strategy. With Logi Analytics’s robust operational reporting solution paired with our market-leading financial reporting, we can provide our customers the ability to report on every area of their business,” mentioned Jim Triandiflou, CEO of insightsoftware. “In addition, Logi Analytics’s leading position in embedded analytics opens a whole new market opportunity for us and we’re excited to invest and expand Logi Analytics’s leadership position in embedded analytics.”
With Logi Analytics, insightsoftware will embed personalized analytics seamlessly into any business or enterprise utility that includes customer-branded consumer interfaces, experiences, dashboards, KPIs, and different actionable insights. insightsoftware additionally plans to leverage Logi Analytics’s know-how for brand new operational analytics and reporting options to make sure real-time intelligence is on the market to finance groups.
Headquartered in McLean, VA, Logi Analytics serves clients all over the world with groups positioned in Ireland, England, China, and Ukraine. Logi Analytics provides a portfolio of low-code growth instruments and a devoted buyer success workforce to make it quick and straightforward to construct embedded dashboards, visualizations, and experiences into any enterprise software program utility. The firm serves hundreds of software program groups, in a number of industries, together with AvidXchange, IBM, QAD, and Symbox. In 2020, Logi Analytics was once more ranked as the most effective embedded analytics vendor by main business researcher Dresner Advisory Service.
“We are honored to join forces with an industry leader in our pursuit to help customers derive insights from transactional and operational data to drive faster, more informed decisions,” mentioned Kevin Greene, CEO at Logi Analytics. “As the analytics layer of our customers’ applications, we have a profound impact on decision making across the enterprise and joining insightsoftware will accelerate our global reach and supply added resources.”
Macquarie Capital acted as unique monetary advisor to Logi Analytics.
insightsoftware is a number one supplier of economic reporting and enterprise efficiency administration software program. We allow the Office of the CFO to connect with and make sense of their enterprise information in actual time to allow them to proactively drive higher monetary intelligence throughout their group, which is how best-in-class finance groups function. Over 25,000 organizations worldwide depend on insightsoftware’s portfolio of best-in-class reporting, analytics, budgeting, forecasting, consolidation, and tax options to offer them with elevated productiveness, visibility, accuracy, and compliance. Visit insightsoftware.com for extra info.
About Logi Analytics
Logi Analytics empowers the world’s software program groups with probably the most intuitive, developer-grade embedded analytics options and a workforce of devoted individuals, invested in your success. Logi Analytics leverages your present tech stack, so you may shortly construct, handle, and deploy your utility. And as a result of Logi Analytics helps limitless customization and white-labeling, you’ve got complete management to make the appliance uniquely your personal.
Over 2,200 utility groups have trusted Logi Analytics to assist energy their companies with refined analytics capabilities. Logi Analytics is headquartered in McLean, Virginia, with places of work in Ireland, England, Ukraine, and China. Learn extra about what’s potential with Logi Analytics at LogiAnalytics.com.