Magnitude Software acquires Every Angle

In late June 2018, Magnitude Software, Inc., a leader in delivering unified application data management to global organizations across industries, announced the acquisition of Every Angle Software Solutions, a business analytics and reporting specialist that empowers users of SAP-run organizations to optimize their operational performance. This move, which is Magnitude’s third acquisition in the past eight months and seventh in total, expands the firm’s leadership presence in the SAP ecosystem while also providing a mature base of operations in Europe.

According to Gartner, SAP is the largest global ERP provider with 23 percent market share, so this represents a significant market opportunity for the combined solutions of Magnitude and Every Angle. Every Angle’s self-service solution works on any SAP system (ECC and HANA), empowering users to gain insights as well as identify and resolve key business issues, while hiding the complexity of SAP’s data structure. Every Angle’s software solutions complement Magnitude’s expansive SAP Application Data Management solution set, which includes agile SAP data management from Innowera, and SAP Central Finance integration through Magnitude SourceConnect. Hence, the joint Magnitude/Every Angle portfolio addresses the need for better enterprise data management (identified in SAP’s Data 2020: State of Big Data report), including the ability to unify application data.

Significant productivity gains

Both companies employ customer-centric models and will aim to leverage their combined expertise to broaden their collective value proposition to customers worldwide. “Magnitude’s mission is to simplify the complex application landscape for our customers and help them realize significant productivity gains by unlocking the value promised by enterprise platforms like SAP,” said Chris Ney, chairman and CEO of Magnitude Software. “Every Angle shares a similar mission, which makes it an ideal complement to Magnitude’s product family.” “We are excited about joining Magnitude as it will provide both companies the opportunity to accelerate global expansion, while offering SAP customers an unmatched unified application data management portfolio including an agile analytics suite,” added Fred Hermans, CEO of Every Angle.

Fred Hermans will continue to lead the business within Magnitude as SVP of Every Angle Solutions, driving the Every Angle solution vision while cementing Every Angle’s role within the broader Magnitude vision, mission and portfolio. Every Angle customers can expect to work with their same support and consulting services teams with an additional opportunity to leverage the expertise and products of Magnitude Software, including the full portfolio of Magnitude’s Unified Application Data Management solutions for simplified data access, management, analytics and reporting. This portfolio includes Magnitude Master Data Management (MDM), Agility Product Information Management (PIM), and Magnitude Simba connectivity solutions.