Evalueserve, an analytics firm, acquires Beyond Data
Global research and analytics firm Evalueserve announced on August 28 it has acquired German business intelligence provider Beyond Data GmbH.
“The acquisition of Beyond Data and access to its technology and knowledge of data and business processes allow us to further enhance and complement our portfolio,” explained Marc Vollenweider, CEO of Evalueserve. “Our clients will benefit from a combination of Beyond Data’s delivery platforms and Evalueserve’s research and analytics capabilities and global presence. We could not ask for a better partner to help us develop into one of the market leaders in the data analytics space.”
The acquisition significantly increases Evalueserve’s offerings and technological skills in the areas of data science, analytics and business intelligence for various industry segments. For example, a combination of Beyond Data’s analysis and reporting system and Evalueserve’s existing business intelligence solution will help provide evidence-based insights to clients.
“We are thrilled about our partnership with global player Evalueserve,” said Manfred Partzsch, managing partner of Beyond Data. “We are sure that we will benefit from Evalueserve’s 14 years of experience in the market, global structure, and large workforce, which will help us to further optimize our operational execution. We can also access the company’s much larger sales and marketing structure, and our clients will see increased scope of products and services. We are confident that this is a win-win for both the companies and our customers.”
With the acquisition, Beyond Data has become an Evalueserve company; its headquarters will remain in Rheinbach, Germany, near Cologne, and its current management structure will remain unchanged.
Evalueserve and Beyond Data plan to jointly develop Cloud-based business intelligence platforms in the marketing intelligence, procurement, pharmaceutical and other domains which will be directly used by client users as well as embedded with Evalueserve’s analytical services.