Systems Union acquires to inspire proactive management
Systems Union acquires to inspire proactive management
Systems Union Australia has acquired MIS AG Australia in its effort to boost its range of business intelligence, performance management and CRM solutions to help businesses improve their budgets and take more proactive approaches to management
MIS AG Australia's software supports business decision makers when they need to analyse, share and report on business information for the purpose of improving the business and saving money at the same time. The software cuts down on risks and provides Chief Financial Officers (CFOs) with the information needed to make confident and informed decisions.
The Systems Union Group has made this acquisition because it intends to extend its solutions portfolio into the Business Intelligence sector and strengthen its software solutions to CFOs in Europe, the Asia Pacific and the America.
Bill Bryce, managing director of Systems Union Australia said. "We now have a comprehensive set of business intelligence and analytics applications that puts us way ahead of our competitors. No other mid-market vendor in the world can offer an equal breadth of functionality. This balance of financial management and business intelligence functionality means that, uniquely, we can meet the needs of organisations right across the finance function."
"This acquisition substantially increases the strategic position of MIS AG in the Business Intelligence space by extending its presence into 194 countries across the globe and adding a potential customer base of 20,000 Sun Systems clients for complimentary BI and Performance Management solutions. Closer to home, the significant presence of the Systems Union Group in Asia Pacific encourages tremendous potential for further growth and development."
MIS AG will still remain a separate legal entity, but it will be a part of the Global Business Intelligence Division of Systems Union Australia. It will also maintain financial flexibility of its planned expansion.
MIS AG is currently ranked in the top four of global providers of analytical applications. Its customers include the Australian Red Cross, Boots Healthcare, BMW Group and Commonwealth Bank Australia.
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