Infor to Acquire Birst
Infor has reached an agreement to acquire Birst, Inc, a pioneer of cloud-native business intelligence (BI). The San Francisco-based company is a unique, comprehensive platform for sourcing, refining, and presenting standardized data insights at scale for driving business decisions. The Birst business intelligence (BI) platform connects the entire enterprise through a network of virtualized BI instances on-top of a shared common analytical fabric. The platform spans across enterprise resource planning forming a rich, simplified end-to-end BI suite in the cloud. In the last six years Infor has built one of the largest cloud companies in the world with 65 million users in more than 100 countries, investing nearly $3 billion in research and development to re-engineer industry specific applications for the cloud. This has generated double digit growth in cloud subscriptions. With a high mass of cloud subscribers and petabytes of critical data in the cloud, Birst provides Infor a single, elegant platform with a highly consumable user interface. Brad Peters, chairman and chief product officer said of the coming acquisiton, “Infor is the perfect home 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 advanced business intelligence, artificial intelligence, and machine learning.”
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