Insightsoftware Acquires Jet Global Data Technologies
Insightsoftware, the leading financial reporting and enterprise performance manager supplier has confirmed the acquisition of Jet Global Data Technologies, a worldwide provider in reporting, analytics and budgeting tools for Microsoft Dynamics.
The latest acquisition adds to Insightsoftware’s key objective to generate a diverse portfolio of leading reporting platforms, enabling businesses of all sizes efficient access and the means to distribute insightful financial data. Furthermore, the latest acquisition will strengthen the advanced excel-base reporting capabilities used specifically for users of the top ERP reporting platform, Microsoft Dynamics. The new plans will further strengthen the commitment of Insightsoftware to its international partner network.
Operating in 14 countries, Jet Global provides a simplistic alternative to conventional reporting systems, which generally involve manual work, are time-consuming and can be over complicated. Jet Global offers a solution and rapid access to data, a flexible reporting system from any Microsoft Dynamics source, including Microsoft Dynamics AX, NAV and GP. Jet Global has over 14,000 customers spanning over 90 countries and includes major global brands such as Amnesty International.
Mike Lipps, CEO of Insightsoftware explains that businesses are currently sitting on a ‘virtual treasure of data’, but points out that the opportunity to utilise and act on this data pool in real time is generally lost in the complications and rigidity of ERP solutions. Lipps believes their business is providing a leading reporting portfolio and transforming this process. With the acquisition of Jet Global, Insightsoftware can offer even more flexibility, additional reporting, analytics and budgeting capabilities to empower customers to make quicker and more informed decisions that really influence their business.
Joe Little, CEO of Jet Global highlights that over the last 16 years, Jet Global has developed into a market leader in reporting, analytics and budgeting processes for users of Microsoft Dynamics. Little points out that their services have been in great demand by enterprises requiring solutions that enable rapid access to vital data and allow for quick and informed decisions and more agility within a company. Little believes the integration with Insightsoftware will create further opportunities for customers and partners worldwide, generating a higher level of market responsiveness and solutions covering reporting, analytics and budgeting.
Global private equity and investors into insightsoftware have highlighted the progress insightsoftware has made on delivering TA’s initial vision of developing the leading reporting software for financial reporting and EPM. Hythem El-Nazer, the MD of TA Associates explains that they continue to see more opportunities for increased organic development by offering leading products and solutions that meet the requirements of their 20,000 customers worldwide.