Magnitude Software Company News

Magnitude Software and Hitachi Solutions America, Ltd Establish Partnership

“Together, through the power of this strategic partnership, Magnitude Software and Hitachi Solutions will address a growing and significant market need within the Microsoft Dynamics ecosystem,” said Lou Guercia, Magnitude Software Chief Operating Officer. “Our combined offering for this important community will go a long way toward addressing the MDM and data quality challenges found within an increasingly hetereogenous data landscape.”

Magnitude Software Strengthens Partner Ecosystem with Parity Solutions Integration Partnership

“The project managed and delivered by Parity has impressed on every criterion – speed of delivery, budget and all-round capability,” said Frederic Wens, Business Systems & Data Manager at British American Tobacco Belgium. “The Kalido based solution has enabled us to deliver a future-proof, flexible data warehouse which takes a number of different source feeds, produced bullet-proof consolidated post-merger reports and ensured compatibility with our ongoing SAP convergence program.”

Magnitude ONE Named KMWorld Trendsetting Product for 2016

KMWorld Editor, Sandra Haimila, said the magazine and its judges looked for products “designed, developed and perfectly timed to fill a niche in the marketplace before users are even aware that such functionality and flexibility have been missing.”

Magnitude Software Acquires Simba Technologies, leading Data Access and Analytics Connectivity Provider

“This acquisition furthers our strategic vision to enable enterprise-wide visibility and insights for corporate performance management,” said Chris Ney, Chairman & CEO of Magnitude Software. “As data heterogeneity expands exponentially, so does the complexity of connectivity challenges that Simba can help solve, accelerating our ability to put data into the hands of business users. The experience and knowledge of the Simba team, combined with the capabilities to deliver connectivity to a wide variety of data sources, increase Magnitude Software’s growth trajectory in reporting, analytics, and data management within the information management market.”

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.

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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

Rik Thorbecke

Chief Financial Officer

Rik oversees finance strategy and operations, risk management, legal, IT and sales operations.

As CFO, Rik leads a team focuses on effective business partnerships that drive continuous improvement in business process and technologies. He is an experienced CFO, COO, and Advisory Board Member with broad, global leadership experience in the software, SaaS, internet, cloud, telecommunications, and electronic manufacturing industries. Rik is skilled in strategic finance, mergers and acquisitions, IPO readiness, business planning, investor relations, enterprise software, entrepreneurship, and international business. He is a strong business development and customer-oriented executive.

Rik spent 25 years in various executive finance and strategy roles at a number of well-known public and high-growth private companies, including Electronic Arts, Equinix, and Levi Strauss; he was also CFO of Plastic Logic, Meltwater and Mirantis. He started his career at PwC where he became a partner in the global technology practice based in the Amsterdam office. In 1999 he moved to the San Jose, California office where he served as partner in the Software and Internet practice. Following the path of many expatriates he, his wife and three children decided to call the San Francisco Bay Area their home ever since.

Rik holds a Double Bachelor’s of Science Degree in Marketing and Economics, a Master’s of Science Degree in Business Administration and a Post Graduate Degree in Accounting and Auditing from the University of Amsterdam, the Netherlands. Rik is also an active California CPA.

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

Laurie Dahlgren

Laurie Dahlgren

Global Vice President, People Operations

Laurie oversees HR strategy, talent acquisition, employee engagement and organizational development.

As Magnitude Software’s global people operations leader, Laurie drives initiatives that empower an engaged, high-performing workforce, in alignment with business goals and in support of rapid business growth.

Laurie brings extensive leadership experience across multiple industries and companies at different stages and sizes, including working with employees in 30 countries across 70+ locations. Prior to joining Magnitude, Laurie served as Vice President of People at Mirantis, a leader in open cloud infrastructure. Previously, she was Vice President of Human Resources at Meltwater, a global SaaS company engaged in media intelligence. She held leadership roles with several Silicon Valley venture-backed, technology companies before relocating to Austin, TX in 2017.

LinkedIn

Bill Stephens

General Manager, Magnitude Applications

Bill leads the Magnitude Applications business, driving strategic direction, product and service execution, revenue growth and customer engagement. His expertise within the commercial and public sectors – from Fortune 100 to SMBs – enables Bill and his team to consistently enable customers to extract the right value from their ERP systems working with their own tools and business processes and with third-party technologies.

A seasoned IT and consulting executive with a 20-year track record leading teams to drive customer success across diverse industries, Bill previously served as BIAS’ Vice President of Services overseeing the successful delivery of solutions across the Public Sector and Commercial markets. Prior to BIAS, Bill served for over a decade at Oracle Corporation as an applications consultant, project manager, senior operations director, and consulting executive.

He developed the foundation of his leadership skills while serving as a Cavalry Scout in the Kentucky Army National Guard.

Bill holds a Bachelor of Science in Finance from the University of Louisville.

LinkedIn

Tony Fisher

General Manager, Magnitude Integration

Tony leads the Magnitude Integration business, driving strategy, revenue, product and operations as well as leveraging and integrating our Simba- and Innowera- 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

Darren spearheads the development, execution and management of strategic opportunities and key customer accounts across our portfolio.

As Magnitude’s technology guru and evangelist, Darren is critical to building on our position as a leading provider of software and services that help organizations tackle the challenges and opportunities inherent in digital information management.

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 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

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

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.