Virginia-based computer software company Logi Analytics has acquired business intelligence software company Jinfonet just three months after they both tied for the number one rating for embedded analytics by Dresner Advisory Services.
Both Logi and Jinfonet have made it publicly known that they share a unified vision to help application teams create smarter software for mission critical applications.
Currently, Jinfonet offers operational reporting capabilities while Logi offers dashboards, self-service analysis and predictive analytics. This acquisition will consolidate two embedded analytics vendors under the Logi brand.
“As software is becoming the face of most businesses, applications are increasingly being driven by analytics,” said Steven Schneider, CEO of Logi.
“At Logi, we live to help application teams create smarter software by delivering a trusted partnership experience on a leading embedded analytics platform. By acquiring Jinfonet, we are creating the dominant provider exclusively focused on embedded analytics.
“Our sophisticated solutions support the most modern capabilities in the industry, including security integration, workflow capabilities, write-back, pixel-perfect operational reporting, and predictive analytics.”
In addition to this, Schneider told Data Economy that Logi’s mission is to deliver a trusted partner experience upon entering 2019.
“By joining forces with Jinfonet, we are creating the most advanced provider of embedded analytics on the market today, offering capabilities ranging from predictive analytics to pixel-perfect reporting. This acquisition sets the foundation for growth for not only Logi, but also the embedded analytics industry as whole.”
The company have revealed that the acquisition represents a new stage of growth for Logi, and will further accelerate the company’s vision to deliver innovative embedded analytics products to application teams worldwide.
According to the company, Logi will add hundreds of customers and also expand its re-seller partnerships in Europe and Asia. Schneider concluded by stating that the company will continue to invest in the embedded analytics space with an aim of bringing innovation to application teams that are building mission-critical applications.
“We’re thrilled to join the Logi Analytics family. Our shared values, product breadth, and focus on customer success position us to continue powering smarter software,” said Bing Yao, CEO of Jinfonet.
“Together, our best-in-class embedded analytics solutions will continue to set the industry standard, and we’re excited to join Logi in this next chapter.”