Magnitude Software Company News

Frequently Asked Questions: Magnitude Software Acquisition of Simba Technologies

Why did Magnitude Software acquire Simba Technologies?
The combination of the two companies furthers our strategic vision to enable enterprise-wide visibility and insights for our customers. It enables Magnitude (leading provider of enterprise information management software) to drive growth by bolstering our solution portfolio with connectivity capabilities to a wide array of heterogeneous applications and data sources. For Simba (global provider of standards-based relational and multi-dimensional data connectivity), the value is in becoming part of a global organization, enabling a broader go-to-market strategy and increasing competitive advantage in the marketplace.

Magnitude Software Introduces RTD Stream, the Cross-Platform ERP Consolidation Solution

“The ERP landscape is more fragmented than ever, and that trend will only continue,” said Mike Ormerod, Vice President of Product Management at Magnitude Software. “With the release of RTD Stream we are giving real-time controls and insights to CFOs and finance departments so they can better optimize their businesses with a connectivity solution that leverages our deep understanding of the internal Oracle ERP and SAP HANA data structures.”

Oracle’s NetSuite Buy Brings It Instant Cloud Credibility

eWeek presents insights from top industry leaders and influencers including James Governor, co-founder of Redmonk, Charles King, analyst at Pund-IT, Rob Enderle, founder of Enderle Group, Michael Fauscette, chief research officer at G2 Crowd, Judith Hurwitz CEO of Hurwitz Group, Jeremy Roche CEO at FinancialForce and Magnitude’s own president, Lou Guercia

Magnitude Software Buys Data Warehouse Solutions Vendor Datalytics Technologies

“This acquisition furthers our strategic objective to enable office of the CFO and other functional executives to gain accurate and near-real time business insights across their heterogeneous ERP environment,” said Chris Ney, CEO of Magnitude Software. “With the addition of Datalytics Technologies, Magnitude Software can now provide one of the broadest set of pre-configured ERP analytic content available in the industry.”

Magnitude Takes Gold and Bronze in 2016 Stevie Awards

Two of Magnitude’s products have been awarded Gold and Bronze Stevie Awards for New Software Product of the Year – Business Intelligence Solution in the 14th Annual American Business Awards.

Magnitude Software EIM Solutions Win Gold and Bronze Stevie® Awards in 2016 American Business Awards

The American Business Awards are considered the nation’s preeminent business awards program. In 2016, more than 3,400 nominations from organizations of all sizes and every industry were submitted for consideration in a wide range of categories. More than 250 professionals worldwide participated in the judging process.

Magnitude Software Unveils Master Data Management Offering Designed for Midmarket Enterprises at Microsoft Envision 2016

“Midmarket firms deal with the same complex applications, fragmented systems and master data issues as large enterprises, and they often turn to their trusted implementation partners because they don’t have the resources or time for multi-year efforts to deliver clean data to the organization,” said Lou Guercia, president of Magnitude Software.

Independent Research Firm Positions Magnitude Software’s Kalido MDM Solution as a Strong Performer in Evaluation of Master Data Management Solutions

“We’re honored to be included in the Forrester Wave and cited as a Strong Performer in Master Data Management,” said Darren Peirce, CTO and VP of Products at Magnitude Software. “We believe this underscores Magnitude Software’s commitment to helping our customers put a proactive MDM solution in place to deal with the increasing fragmentation of master data caused by the adoption of SaaS, best of breed solutions and the unbundling of the monolithic ERPs.”

Magnitude Software Introduces Noetix Analytics 5.5

“Noetix Analytics 5.5 helps deliver on our mission to provide not only the most robust transactional and strategic reporting for Oracle E-Business Suite, but also an analytics platform that enables an enterprise view of data from heterogeneous sources from within a central repository.”

Magnitude Software Chosen for KMWorld Magazine’s 100 Companies That Matter in Knowledge Management

“Being named to our list of 100 Companies That Matter in Knowledge Management is a prestigious designation because it represents the best in innovation, creativity and functionality,” said KMWorld Editor Sandra Haimila. “Companies like Magnitude Software offer crucial solutions designed to access, analyze and share knowledge.”

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Chris Ney

Chairman and
Chief Executive Officer

Chris oversees Magnitude Software’s overall corporate vision and strategic direction.

As Chairman and CEO, Chris leads Magnitude Software’s corporate vision and strategic direction, driving the company’s acquisition, integration and growth strategies to extend the company’s global reach. Under his leadership, Magnitude Software has developed an unparalleled customer experience, strengthened its culture of innovation, and greatly increased profitability and shareholder value. In September 2014, Chris successfully secured up to $100 million in capital to further build Magnitude Software through product innovation, organic growth and strategic acquisitions.

Ney was previously Co-Founder and President of Silverback Enterprise Group, where the team completed the strategic acquisition of nine industry-leading enterprise software companies and leveraged their synergies to build two powerful new entities: Magnitude Software and Upland Software. Magnitude Software offers a family of award-winning solutions for enterprise performance management, master data management and data connectivity. Upland Software (Nasdaq: UPLD) went public in late 2014 and is a leading provider of cloud-based enterprise work management software with over 2,000 active enterprise customers and more than 235,000 active users in more than 50 countries.

Prior to co-founding Silverback, Ney was CEO of a series of Trilogy/Versata portfolio software companies. He previously served as Chairman of the Board, CEO and Founder of CoreTrac, a financial services CRM software company. Ney began his career working for investment banking firms Lehman Brothers and UBS.

He holds a Bachelor’s Degree in Economics from Texas A&M University.

LinkedIn

Lou Guercia

Chief Operating Officer

Lou is responsible for Magnitude Software’s global operations.

With more than 30 years of experience launching, operating and growing profitable technology companies, Lou ensures cohesiveness across all Magnitude Software functions, creating and implementing the operational strategy for the company’s growth. Lou is critical to the success of Magnitude’s product strategy and to integrating acquired and existing products, which serves as a growth multiplier.

Lou has held leadership roles at several privately funded companies, four of which led to successful exits. He was CEO of Scribe Software, a data integration solutions company, and WebDialogs, a SaaS-based web conferencing provider acquired by IBM. At IBM, Lou served as Director of Strategy and Operations for Online Collaboration Services within IBM Software Group. He began his career in sales at Xerox.

Lou holds a Bachelor of Arts degree from the University of New Hampshire.

LinkedIn

Kevin Mischnick

Senior Vice President,
Finance and Accounting

Kevin oversees global financial operations for Magnitude Software.

Bringing more than 25 years of financial experience to Magnitude Software, Kevin is responsible for a number of areas of the business, including Finance, Accounting, Legal and Information Technology.

Kevin’s background includes building and transforming financial teams into high-performing units, implementing systems and processes focused on cost savings and efficiency, and raising nearly $100 million in investor capital. He served as Senior Vice President of Finance for Multimedia Games Inc. and Capstar Broadcasting Corporation. Under his financial leadership, the market values of both companies increased more than tenfold.

Kevin is a certified public accountant and holds a Bachelor of Business Administration in Accounting from Texas Tech University.

LinkedIn

Tony Fisher

General Manager of Connectivity

Tony leads Magnitude’s Connectivity business, driving strategy, growth, product and operations as well as leveraging and integrating our Simba-based technologies for new Magnitude solutions.

An accomplished data management and big data marketplace leader, Tony previously served as the SVP, Business Development & Strategy at Zaloni, an award-winning enterprise data lakes management provider; prior to that role, he was Vice President, Data Collaboration & Integration at Progress Software, where he led the business line’s strategic direction and operations.

Prior to Progress, Tony was the CEO of Dataflux Corporation. He also served as Director of data warehouse technology at SAS. A key technology leader at SAS, Tony provided the engineering research and development direction that helped make SAS the market leader in data warehouse software sales.

Tony earned a Degree in Computer Science and Mathematics from Duke University.

LinkedIn

Darren Peirce

Chief Technology Officer and
Vice President of Products

Darren drives Magnitude Software’s technology direction and product delivery.

With responsibility for identifying the nexus of market opportunity, technology innovation and Magnitude’s current and future portfolio, Darren oversees Product Management, Product Delivery and Engineering Services while developing and maturing key partnerships with leading technology companies in support of product strategy.

Previously, Darren served as CTO and Group Vice President of Product Management at Kalido; prior to that role, he was the Lead Solutions Architect and Manager of Professional Services in the United Kingdom. He has also worked in senior consulting positions for companies such as Royal Dutch Shell and British Telecom.

Darren received a degree in Management from Intec College in Cape Town, South Africa, and studied Economics at the University of Stellenbosch.

LinkedIn

Susie Buehler

susie_450

Chief People Officer

Susie leads Magnitude Software’s global human resources strategy and operational execution.

Susie is a seasoned business leader with more than 25 years of human resources management and recruitment experience at technology companies. At Magnitude, she focuses on building business success through people success across all related disciplines, including talent acquisition, development and retention; compensation and benefits; and all people-related aspects of acquisition integration. She has expertise in HR management and operations and in strategic HR business partnership at rapid-growth, start-up and established high-tech companies with significant M&A activity.

During her career, Susie led HR and Recruitment in the U.S. and China as Vice President and Director of Human Resources at Appconomy. As Vice President of Human Resources and Chief People Officer at Moxie Software/nGenera she oversaw international employee growth. She also served as Vice President of Human Resources and Recruiting at Surgient Networks and worked as an independent strategic HR consultant within the technology industry.

Susie holds a Bachelor’s degree from Texas Tech University and a Master’s degree from Rice University.

LinkedIn

Mihir Shah

Executive Vice President,
Corporate Development and Strategy

Mihir is responsible for Magnitude Software’s acquisition and organic strategy.

Mihir has over a decade of experience leading acquisitions and strategy. During this period, he led several public and private company acquisitions, divestitures, and minority and majority equity investments.

Previously, Mihir was M&A Executive for IBM’s Information Management Software division, executing IBM’s inorganic strategy through M&A and strategic partnerships. He also served as Operating Executive for private equity firm, Golden Gate Capital, and as Vice President for Corporate Development at Aspect Software.

Mihir holds an MBA from the University of Chicago Booth School of Business and Master of Science from Worcester Polytechnic Institute.

LinkedIn

Amyn Rajan

General Manager,
Connectivity Solutions

Amyn is responsible for leading and growing Magnitude Software’s connectivity solutions business.

Amyn joins Magnitude Software with more than 25 years of experience, including as CEO of Simba Technologies, acquired by Magnitude in 2016. His responsibilities include working with strategic partners and driving product vision along with delivering revenue growth for the company’s data connectivity solutions.

Under Amyn’s leadership, Simba became a global leader in cross-platform, standards-based data access solutions for relational, multi-dimensional and non-relational data sources whose software is embedded by Amazon, Microsoft, SAP and Teradata. Prior to Simba he was CEO of Orbital Technologies, whose customers included Adobe and Microsoft; he also held the position of Vice President of Engineering at Orbital. Amyn’s background includes experience as a software developer at Microsoft and Adobe.

Amyn holds a Bachelor of Science degree in Computer Science from Simon Fraser University. He was appointed co-chair of the Faculty of Applied Sciences External Advisory Council at Simon Fraser University in 2011, and was named to Business in Vancouver magazine’s “Forty Under 40” in 2007.

LinkedIn

Karen McPhillips

Vice President,
Marketing

The mind that opens to a new idea never returns to its original state

Karen McPhillips drives marketing strategy and operational execution to grow the company profile, revenue and market position.

Leveraging 20+ years of transformational marketing experience, Karen fuels Magnitude’s corporate and existing portfolio marketing, collaborating to maximize the company’s business strategy while also supporting integration of acquired products and services.

Karen has served on leadership teams of public and private companies of all sizes, transforming marketing functions and generating both tangible and intangible value. Most recently at PlumChoice, she and her team repositioned the brand and metamorphosed the marketing function in support of the company’s pivot from IT support provider to leader in the cloud services and Internet of Things spaces. At Iron Mountain and its technology arm, Iron Mountain Digital, she created new marketing functions, introduced the marketing operations discipline, and spearheaded a closed-loop leads-to-revenue framework coupled with a brand-to-demand communication platform that raised the bar on marketing’s revenue influence. Prior to Iron Mountain, Karen held marketing leadership roles with SaaS back-up leader, Connected Corporation (acquired by Iron Mountain), and SilverStream Software, contributing to the company’s IPO and acquisition by Novell.

Karen earned a Bachelor’s degree in Journalism from St. Michael’s College in Vermont.