Posted by Hong Kong: Enterprise software company Epicor has acquired Grow Inc. a no-code, full-stack business intelligence (BI) platform. The company has not disclosed the financial terms of Grow Inc.’s acquisition.
Surry Hills, Australia based Grow Inc, is a no-code, cloud-based analytics platform that allows users to make better, faster decisions with easy-to-build and use visualizations.
Grow Inc.’s acquisition complements and strengthens the Epicor portfolio of analytics capabilities. Further, this will enable Epicor customers to have more resources to generate actionable insights from their data.
“In today’s world, businesses need a streamlined way to cut through the clutter, connect data sources, and glean intelligence from across their enterprise, no matter where the information resides,” said Epicor CEO Steve Murphy.
“The Grow acquisition gives Epicor users a simple, easy-to-use platform to build the right models to tap into that intelligence, helping them make great decisions in real-time to accelerate growth,” added Murphy.
By combining data integrations, data warehousing, and visualization in one easy-to-use platform, Grow helps organisations connect and explore their data.
With more than 150 pre-built data connectors across some of the most commonly used platforms, databases, and CRMs, the BI platform imports data seamlessly via APIs that continually update and refresh data, so metrics are current and reliable when users need to make critical business decisions.
“Grow helps users put their data to work, moving beyond simply knowing what is happening to understanding why,” said Grow CEO Rob Nelson.
“We are thrilled to be joining Epicor, extending our mission to make it simple for companies to connect their data, explore it, and surface actionable insights,” added Nelson.
The global cloud analytics market is expected to touch $34.16 billion between 2021-2025 at a CAGR of 20%, as per industry estimates.