|By Business Wire||
|April 23, 2014 06:01 AM EDT||
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.
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.
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.
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
Jul. 25, 2016 08:30 PM EDT Reads: 1,923
StackIQ has announced the release of Stacki 3.2. Stacki is an easy-to-use Linux server provisioning tool. Stacki 3.2 delivers new capabilities that simplify the automation and integration of site-specific requirements. StackIQ is the commercial entity behind this open source bare metal provisioning tool. Since the release of Stacki in June of 2015, the Stacki core team has been focused on making the Community Edition meet the needs of members of the community, adding features and value, while ...
Jul. 25, 2016 08:15 PM EDT Reads: 207
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, gave users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion with b...
Jul. 25, 2016 08:00 PM EDT Reads: 1,894
With 15% of enterprises adopting a hybrid IT strategy, you need to set a plan to integrate hybrid cloud throughout your infrastructure. In his session at 18th Cloud Expo, Steven Dreher, Director of Solutions Architecture at Green House Data, discussed how to plan for shifting resource requirements, overcome challenges, and implement hybrid IT alongside your existing data center assets. Highlights included anticipating workload, cost and resource calculations, integrating services on both sides...
Jul. 25, 2016 08:00 PM EDT Reads: 1,958
Big Data engines are powering a lot of service businesses right now. Data is collected from users from wearable technologies, web behaviors, purchase behavior as well as several arbitrary data points we’d never think of. The demand for faster and bigger engines to crunch and serve up the data to services is growing exponentially. You see a LOT of correlation between “Cloud” and “Big Data” but on Big Data and “Hybrid,” where hybrid hosting is the sanest approach to the Big Data Infrastructure pro...
Jul. 25, 2016 07:30 PM EDT Reads: 1,879
"We are a well-established player in the application life cycle management market and we also have a very strong version control product," stated Flint Brenton, CEO of CollabNet,, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 25, 2016 07:15 PM EDT Reads: 1,792
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
Jul. 25, 2016 07:15 PM EDT Reads: 987
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., and Logan Best, Infrastructure & Network Engineer at Webair, focused on real world deployments of DDoS mitigation strategies in every layer of the network. He gave an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He also outlined what we have found in our experience managing and running thousands of Linux and Unix ...
Jul. 25, 2016 07:15 PM EDT Reads: 1,742
In his session at @DevOpsSummit at 19th Cloud Expo, Yoseph Reuveni, Director of Software Engineering at Jet.com, will discuss Jet.com's journey into containerizing Microsoft-based technologies like C# and F# into Docker. He will talk about lessons learned and challenges faced, the Mono framework tryout and how they deployed everything into Azure cloud. Yoseph Reuveni is a technology leader with unique experience developing and running high throughput (over 1M tps) distributed systems with extre...
Jul. 25, 2016 07:15 PM EDT Reads: 2,081
"Operations is sort of the maturation of cloud utilization and the move to the cloud," explained Steve Anderson, Product Manager for BMC’s Cloud Lifecycle Management, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 25, 2016 07:00 PM EDT Reads: 1,879
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Jul. 25, 2016 06:30 PM EDT Reads: 964
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Jul. 25, 2016 06:15 PM EDT Reads: 1,742
UpGuard has become a member of the Center for Internet Security (CIS), and will continue to help businesses expand visibility into their cyber risk by providing hardening benchmarks to all customers. By incorporating these benchmarks, UpGuard's CSTAR solution builds on its lead in providing the most complete assessment of both internal and external cyber risk. CIS benchmarks are a widely accepted set of hardening guidelines that have been publicly available for years. Numerous solutions exist t...
Jul. 25, 2016 06:15 PM EDT Reads: 433
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.
Jul. 25, 2016 06:00 PM EDT Reads: 2,421
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
Jul. 25, 2016 06:00 PM EDT Reads: 2,077