IBM finalizes its acquisition of Varicent Software, a provider of analytics software for compensation and sales performance management. IBM initially announced its plans to acquire Varicent in April.
IBM (NYSE: IBM) announced the completion of its acquisition of Varicent Software, a provider of analytics software for compensation and sales performance management.
IBM has been on a buying spree of analytics software providers, with Varicent its latest acquisition. IBM also has been beefing up its commerce play with the company’s Smarter Commerce strategy. Varicent's software automates and analyzes data across sales, finance, human resources and IT departments to uncover trends and improve sales performance and operations.
The acquisition enhances IBM's Smarter Analytics capabilities across line-of-business operations in all industries. IBM initially announced plans to acquire Varicent in April.
"Varicent advances IBM’s efforts to deliver analytics directly into the hands of front-line employees, helping them uncover new ways to remain competitive and stay ahead of increasing demand,” said Les Rechan, IBM’s general manager of business analytics, in a statement. "The combination of Varicent’s software and IBM's deep analytics expertise delivers a comprehensive approach to managing sales performance, allowing clients to make more informed decisions faster." Read More
IBM (NYSE: IBM) announced the completion of its acquisition of Varicent Software, a provider of analytics software for compensation and sales performance management.
IBM has been on a buying spree of analytics software providers, with Varicent its latest acquisition. IBM also has been beefing up its commerce play with the company’s Smarter Commerce strategy. Varicent's software automates and analyzes data across sales, finance, human resources and IT departments to uncover trends and improve sales performance and operations.
The acquisition enhances IBM's Smarter Analytics capabilities across line-of-business operations in all industries. IBM initially announced plans to acquire Varicent in April.
"Varicent advances IBM’s efforts to deliver analytics directly into the hands of front-line employees, helping them uncover new ways to remain competitive and stay ahead of increasing demand,” said Les Rechan, IBM’s general manager of business analytics, in a statement. "The combination of Varicent’s software and IBM's deep analytics expertise delivers a comprehensive approach to managing sales performance, allowing clients to make more informed decisions faster." Read More
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