Seeking to bolster the performance management analytics capabilities of its NetWeaver platform, SAP AG on Feb. 20 announced that it has acquired privately held Pilot Software of Mountain View, Calif.
Pilot Software has a 20-year history in the development of business analytics and online analytical processing. It specializes in developing applications that enable C-level executives to set their business strategies and goals so they can manage their businesses to meet the goals.
This is a process that is done at most companies “by people sending spreadsheets back and forth along with PowerPoints and e-mails without an analytic application” that can bring order and insight to the process, said Sanjay Poonen, SAP senior vice president and general manager of analytics.
SAP decided to acquire Pilot because “we saw something innovative” in Pilot’s technology that leapfrogs competing applications in the market, Poonen said. He described the Pilot deal as a “tuck-in” acquisition that is relatively small and can be readily integrated with SAP’s existing product line. SAP didn’t disclose the terms of the acquisition.
Read the full story on eWEEK.com: SAP Plans to ‘Tuck’ Pilot Software into NetWeaver.
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