Infogix, Inc.

Last updated
Infogix, Inc.
Company typePrivate Equity
Industry Information Technology (Information Management Solutions[ buzzword ])
Founded1982;42 years ago (1982)
FounderMadhavan K. Nayar
Headquarters Naperville, Illinois, U.S.
Area served
United States
Key people
Early Stephens
(President and CEO)
Number of employees
455 (August 2014)
Website www.infogix.com

Infogix, Inc. is a multinational data controls and analytics software company for businesses to manage, analyze and monitor their data for business operations. [1] [2] The company is based in the United States with headquarters in Naperville, Illinois [3] [4] and primarily serves clients in the healthcare, financial services, property and casualty insurance, telecommunications and retail industries. [5]

Contents

The enterprise was founded by Madhavan K. Nayar in 1982 as Unitech Systems, Inc. [5] [6] The company began to work on automated data controls software. In 2005, Unitech Systems was renamed Infogix [7] after growing to represent many companies in the Fortune 100 [8] and Global 2000 economy including Wells Fargo, Target, Progressive Insurance and Verizon Wireless.

Infogix has undergone multiple organizational changes since its inception. On June 1, 2012, Infogix announced H.I.G. Capital, a global private equity firm, had recapitalized the business. [9] [10] On January 10, 2014, both Infogix and H.I.G. publicly announced a completed acquisition of Agilis International, Inc., a provider of predictive customer and operational analytics. [11] [12] [13]

In 2016, H.I.G. Capital sold Infogix to Thoma Bravo. [14]

In 2018, Infogix has acquired DATUM. [15]

History

Infogix was founded in 1982 as Unitech Systems, Inc. with a focus on creating continuous, automated controls software for the mainframe to assist with large amounts of balance and reconciliation. [6] In the early 2000s, Unitech Systems began extending its offerings and launching distributed products, and the company changed its name to Infogix, Inc. in 2005. [16] The name Infogix was chosen based on the concept of the focal point where information, logic and exchange meet. With the new name came a new company logo. The gold checkmark in the current logo represents the company reaching to achieve the gold standard, and the equal symbol is a reference to the reconciliation technology that started the company in 1982. Infogix introduced its Business Operations Management solution[ buzzword ] in 2012 based on feedback from some of its largest customers. The company had successfully worked with IT and finance departments for 30 years, but organizations were sharing stories of successfully using Infogix products in other areas of the business, as well. Use of the software solution[ buzzword ] across the enterprise led the company to introduce its Business Operations Management solution.[ buzzword ] Infogix’ current offerings include their Controls Suite (Infogix Assure, ACR/Summary, ACR/Detail, Infogix ER); Visibility Suite (Infogix Insight, Infogix Nexix and Nexix Mobile, Infogix Perceive); and Analytics Suite (RevMind, NetMind, DataMind). [8] On June 1, 2012, Infogix announced that H.I.G. Capital had recapitalized the business. [10] Infogix announced its acquisition of Agilis International, a provider of advanced analytics solutions[ buzzword ], on January 9, 2014. [17] Founded in 2003 in Rockville, MD, Agilis currently operates as a division of Infogix.

In 2021, Infogix was acquired by Precisely Software Incorporated. [18]

Corporate Leadership

Source: [19]

Related Research Articles

Software AG is a German multinational software corporation that develops enterprise software for business process management, integration, and big data analytics. Founded in 1969, the company is headquartered in Darmstadt, Germany, and has offices worldwide.

Lexmark International, Inc. is a privately held American company that manufactures laser printers and imaging products. The company is headquartered in Lexington, Kentucky. Since 2016 it has been jointly owned by a consortium of three multinational companies: Apex Technology, PAG Asia Capital, and Legend Capital.

<span class="mw-page-title-main">QAD Inc.</span> Software company

QAD Inc. is a software company that provides enterprise resource planning (ERP) software and related enterprise software to manufacturing companies. The company has customers in over 100 countries around the world.

<span class="mw-page-title-main">Kofax</span> American intelligent automation software provider

Kofax Inc. is an Irvine, California-based intelligent automation software provider. Founded in 1985, the company's software allows businesses to automate and improve business workflows by simplifying the handling of data and documents.

<span class="mw-page-title-main">Openwave</span> American mobile data software company

Openwave is a division of Enea. It provides video traffic management and 5G mobile products.

BIOVIA is a software company headquartered in the United States, with representation in Europe and Asia. It provides software for chemical, materials and bioscience research for the pharmaceutical, biotechnology, consumer packaged goods, aerospace, energy and chemical industries.

ReadSoft was a global provider of applications for automating business processes. ReadSoft was founded by two university students in Linköping, Sweden, in 1991. The company was headquartered in Helsingborg, Sweden and its shares were traded on the NASDAQ OMX – Stockholm Small Cap list. ReadSoft had operations in 17 countries and a partner network in an additional 70 nations.

<span class="mw-page-title-main">Thomson Reuters</span> Canadian multinational information conglomerate

Thomson Reuters Corporation is a Canadian multinational information conglomerate. The company was founded in Toronto, Ontario, Canada and maintains its headquarters in that city's Bay Adelaide Centre.

Riverbed Technology LLC is an American information technology company. Its products consist of software and hardware focused on Unified Observability, Network Visibility, End User Experience Management, network performance monitoring, application performance management, and wide area networks (WANs), including SD-WAN and WAN optimization.

Precisely Holdings, LLC, doing business as Precisely, is a software company specializing in data integrity tools, and also providing big data, high-speed sorting, ETL, data integration, data quality, data enrichment, and location intelligence offerings. The company was originally founded as Whitlow Computer Systems before rebranding as Syncsort Incorporated in 1981, and then to its current form in 2020. Its original, eponymously named product, SyncSort, was the dominant sort program for IBM mainframe computers during much of the 1970s and 1980s.

MarketFirst is a business software product for use in marketing, offered by Avolin.

SumTotal Systems, Inc. is a software company based in Gainesville, Florida, that provides human resource management software and services to private and public sector organizations. The company uses multiple cloud-based channels, including software as a service (SaaS), hosted subscription, and premises-based licensure.

Consona Corporation is a software company selling solutions to automate business critical tasks, ranging from marketing, service and support to planning and scheduling, material requirements planning (MRP), accounting, product configuration, and business intelligence.

TARGIT A/S is a Danish business intelligence (BI) and analytics software developer based in Aalborg, Denmark, with American subsidiary TARGIT US Inc., based in Tampa, as well as distribution offices in more than 12 countries worldwide.

Coupa Software is an American technology platform for Business Spend Management (BSM). The company is headquartered in San Mateo, California with offices throughout Europe, Latin America, and Asia Pacific. Coupa helps companies gain visibility into and control over how they spend money, optimize supply chains, and manage liquidity.

<span class="mw-page-title-main">Dell Software</span> Former software division of Dell, Inc.

Dell Software was a former division of Dell with headquarters in Round Rock, Texas, United States. Dell Software was created by merging various acquisitions by Dell Inc., the third-largest maker of PCs and now a privately held company, to build out its software offerings for data center and cloud management, information management, mobile workforce management, security and data protection for organizations of all sizes.

<span class="mw-page-title-main">Cleo Communications</span>

Cleo Communications LLC, simply referred to as Cleo, is a privately held software company founded in 1976. The company is best known for its ecosystem integration platform, Cleo Integration Cloud with RADAR.

Alteryx, Inc. is an American computer software company based in Irvine, California, with a development center in Broomfield, Colorado, and offices worldwide. The company's products are used for data science and analytics. The software is designed to make advanced analytics automation accessible to any data worker.

<span class="mw-page-title-main">Greenway Health</span>

Greenway Health, LLC is a privately-owned vendor of health information technology (HIT) including integrated electronic health record (EHR), practice management, and revenue cycle management solutions. Intergy, Greenway’s cloud-based EHR and practice management solution, serves ambulatory healthcare practices. The company has offices in Tampa, Florida; Carrollton, Georgia; and Bangalore, India.

Motus is a workforce management company headquartered in Boston, Massachusetts, that offers vehicle reimbursement, fleet management and business intelligence solutions. This includes mileage reimbursement, BYO programs, Managed Mobility Services and living cost intelligence.

References

  1. Lazauskas, Joe (2014-06-24). "Drowning In Data? Invest In Storage". Forbes.
  2. Weaver, Christopher; Ovide, Shira; Radnofsky, Louise (2013-10-06). "Software, Design Defects Cripple Health-Care Website".
  3. Pofeldt, Elaine (2013-12-19). "3 ways to minimiz holiday returns without losing customers". creditcards.com.
  4. Coffee, Melanie (2014). "Waiting Room". Kellogg Magazine.
  5. 1 2 "Infogix About Us". Infogix About Us.
  6. 1 2 Group, Gale (2007). "Infogix, Inc. Reflects on Past, Present and Future". Business Wire.
  7. "Unitech Systems, Inc. Changes Name to Infogix, Inc". Infogix. Archived from the original on 2014-08-19. Retrieved 2005-10-10.
  8. 1 2 "Company overview of Infogix, Inc". Bloomberg Businessweek. 2014. Archived from the original on May 23, 2010.
  9. "H.I.G. Capital Completes Recapitalization of Infogix". H.I.G. Capital. Retrieved 2012-06-04.
  10. 1 2 "H.I.G. Buys Infogix in $75M-$150M Deal". Dow Jones: Private Equity and Venture Capital. 2012-06-01.
  11. "Infogix Acquires Agilis International, Combines Data Integrity with Data Analytics". Yahoo! Finance. 2014-01-13.
  12. "Infogix Completes Acquisition of Agilis International". Reuters. 2014-01-10. Archived from the original on 2014-08-19.
  13. Morrell, Jennifer (2014-01-13). "Infogix Acquires Agilis International: Infogix to extend operational data controls capabilities, provide value to customers". Insurance Networking News.
  14. Dorbian, Iris (5 January 2016). "H.I.G. sells Infogix to Thoma Bravo". PE HUB Network. Retrieved 5 July 2017.
  15. "Infogix acquires DATUM". Cision PRWeb. Retrieved 15 May 2020.
  16. "Unitech Systems, Inc. Changes Name to Infogix, Inc". The Free Library.
  17. Primack, Dan (2014-01-01). "Private Equity Deals". Fortune Magazine.
  18. "Infogix is now part of Precisely, bringing its Data360 products".
  19. "Company Leadership". infogix.com. Retrieved 25 March 2021.