Growing its already wide analytics product portfolio, IBM has announced a definitive agreement to acquire business analytics organization Star Analytics.
Star Analytics software comprises an interesting portfolio of applications for data integration and process and application automation, both on-premises and in the cloud. This helps organizations to simplify their processes and enables them to have a corporate analytics view of all their applications and processes and data, no matter their delivery mode.
In this regard, Leslie J. Rechan, general manager of IBM Business Analytics, stated:
IBM sees an enormous opportunity for our clients to apply Star Analytics to the information they have stored in their financial applications. And to then easily access it within their IBM performance management and business intelligence solutions.
Quinlan Eddy, CEO of Star Analytics, added to this perspective:
Star Analytics software allows organizations to move critical analytics source data at will and use it regardless of which application they need to use it with, providing both flexibility and accessibility. As part of IBM, we can now bring our technologies to a broader range of clients to help them uncover new, untapped growth opportunities
The acquisition is expected to be completed in the first quarter of 2013 and is now subject to customary closing.
IBM might already have the largest set of business analytics tools in the market, and it keeps growing. Still, it might be important to consider how this huge analytics portfolio is being integrated within, and how IBM can help its customer to find the best match for their requirements.
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