As you have seen in the news emanating from our most successful Birst FORWARD conference ever last week, Infor, one of the largest global providers of business applications, on April 25 announced its intent to acquire Birst.
These are exciting times for Birst, as we embark on the next leg of our journey in defining and delivering the next generation of cloud-based networked business analytics! While our business grew faster than any competitors of significance I’m aware of, we felt this was an opportunity to grow even faster and cement our position as the industry-leading BI & Analytics product. When we launched Siebel Analytics years ago, we had a great product and leveraged the size, reach and depth of a great application software company to grow to become an industry standard. Imagine giving Birst, which is much larger than Siebel Analytics was at the time, that same huge boost.
As many of you heard and felt at Birst FORWARD, Infor is equally excited about combining forces with Birst, as it shares our vision of connecting the enterprise through applications and analytics, which drive business insights and growth.
Infor came to us and made clear their desire to make Birst a strategic asset – to not only support our vision and strategy, but to accelerate it. We spoke to a lot of customers, partners and prospects at the conference and it was so exciting to see how energized they are about what this combination will mean to all of us. At the conference, Charles Phillips, the CEO of Infor, was unequivocal about their excitement and made it clear to everyone that Birst will be a stand-alone business unit, which will retain its talent and brand. Infor will invest heavily in the continued development of the Birst roadmap and provide a tremendous channel for Birst to expand our global footprint.
Charles told the audience, “Think of Infor as Birst’s biggest ISV.” And what an ISV it is! Infor is one of the world’s largest business applications providers with 16,000 employees, 90,000 customers and about $3 billion in annual revenue. Over the last six years, it has invested nearly $3 billion in research and development to re-invent what an enterprise application platform looks like, and build the richest set of industry-specific applications (for financial services, healthcare, high-tech, manufacturing, and retail – to name just a few) for the cloud.
Infor is the perfect partner for Birst, providing the global scale and resources to accelerate our short-term growth and also a common long-term vision for the future of data-driven businesses using connected data, advanced analytics, artificial intelligence, and machine learning.
We also are heartened by the tremendously positive response, to the announcement about Infor’s intent to acquire Birst, which we have received from analysts, the media and other industry influencers.
In his April 26 blog, Doug Henschen, Vice President and Principal Analyst at Constellation Research, wrote that, “Birst’s feature set is robust, and the company has what Infor needs to meet customer demands. Infor and Birst also have complementary domain expertise.
“This is a natural move, as enterprise applications move into the cloud,” Henschen said. “Birst gives Infor a mature, customer-ready cloud business intelligence platform.”
In addition, check out these articles in ComputerWeekly, Diginomica and Enterprise Times to get a feel for how the media views this powerful combination of Infor and Birst.
- Computer Weekly.com: Infor to buy cloud BI company Birst
- Diginomica: Infor buys Birst, beefs up cloud BI to complement ERP
- Enterprise Times: Infor acquires cloud-native BI
Ultimately, Birst and Infor share a combined vision and passion – and that is to define the next generation of analytical applications.
As such, the Birst team will remain dedicated to building a market-leading, stand-alone BI and Analytics platform. Likewise, Infor will be dedicated to taking its micro-vertical applications and building them on top of Birst. Together, we will deliver an enterprise-scale networked business analytics platform, which complements and further strengthens Infor’s best-in-class applications.
We look forward to working closely with our customers, partners and prospects on this journey, which is only just beginning and which is building some great momentum!
Stayed tuned to this space for more news and updates on our progress.