Welcome!

News Feed Item

Noetix and Kalido Announce Merger-of-Equals

Noetix, the largest independent provider of instant operational reporting and packaged analytics for Oracle Applications, and Kalido, the leading provider of business-driven information management software, today announced they have combined their businesses in a merger of equals. The combined business is called Magnitude Software, and is a leading provider of Enterprise Information Management (EIM) software, with 10 award-winning enterprise class EIM products and over 600 active enterprise clients with more than 200,000 users in 100 countries worldwide. Nigel Turner, formerly Kalido’s President, will serve as Magnitude Software’s president. Doug Moore, formerly Noetix President, will serve as executive vice president and chief financial officer of Magnitude Software.

“This merger creates a leader in the high growth Enterprise Information Management market, offering an unparalleled family of applications from business intelligence and data warehousing to master data management, reporting and analytics,” said Nigel Turner, president of Magnitude Software.

“Bringing together strong, established enterprise software products creates economies of scale, and opportunities to leverage talent, product innovation and best practices across the Magnitude Software family of applications which will result in more choices and higher value for our customers,” said Doug Moore, executive vice president and chief financial officer of Magnitude Software.

The advent of Big Data and an increasing need for accurate, consistent and timely information is creating a significant growth opportunity for EIM vendors. According to Gartner revenue forecasts, the addressable market segments for Magnitude Software products is an $18.2 billion market which is projected to grow at a combined 7.9 percent CAGR to $26.7 billion by 20181. "This merger brings together a rich architecture and expanded business content,” said Claudia Imhoff, author and internationally recognized expert on business intelligence software, president of Intelligent Solutions, Inc., and founder of the Boulder BI Brain Trust. "This combination will position Magnitude Software squarely in the Enterprise Information Management market.”

Magnitude Software will continue to innovate, deliver and support the full Kalido and Noetix product lines and all service and support agreements remain unchanged. The Kalido product set includes a model-driven and automated data warehouse solution that integrates data from multiple sources to rapidly deliver a foundation for analytics. Noetix products offer operational reporting and packaged data warehouse solutions that automatically generate business intelligence content from Oracle E-Business Suite. Together, Kalido and Noetix offer significant automation that will enable customers to integrate and harmonize data from multiple sources and rapidly deliver data into the hands of decision makers across the enterprise.

1. Source: Gartner, “Forecast: Enterprise Software Markets, Worldwide, 2011-2018, 1Q14 Update.” Addressable market segments from the Gartner report include analytic applications and performance management, cpm suites, data integration tools, data quality tools, other data integration software, requirements definition and management, and business intelligence platforms.

About Magnitude Software

Magnitude Software is the leading provider of Enterprise Information Management software that drives real business value for customers. Magnitude Software offers a family of award-winning applications from business intelligence and data warehousing to master data management, reporting and analytics. At the core of Magnitude’s business is a passionate focus on customer success and a vision to accelerate and automate the end-to-end process of integrating, managing and analyzing information to support business decision making, while reducing operational cost and risk. Magnitude Software drives business results for over 600 active enterprise clients with more than 200,000 users in 100 countries worldwide. For more information, please visit www.magnitudesoftware.com.

About Noetix

Noetix provides instant operational reporting and packaged analytics for Oracle Applications. For more than 20 years, Noetix has helped customers worldwide to quickly and cost-effectively access the enterprise application data necessary for critical decision-making. For more information, please visit www.noetix.com.

About Kalido

Kalido is the leading provider of business-driven information management software, enabling companies to manage data as a shared enterprise asset with speed, agility and flexibility. Kalido software has been deployed at customers in over 100 countries, including 20 percent of the world's most profitable companies as determined by Fortune Magazine. For more information, please visit www.kalido.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...