In November 2013, itelligence announced its 100 percent acquisition of Aster Group, a business technology consultancy specializing in dedicated Enterprise Performance Management (EPM) and Business Intelligence solutions. Headquartered in Concord, N.C., Aster Group is a premiere North American provider of SAP® Business Planning and Consolidation (BPC) applications and one of the most experienced EPM-focused solution providers of all SAP partners. Addressing this news, Steve Niesman, president and CEO, itelligence North America, stated: “Aster Group has a great brand name and has been growing very well, particularly because of their success in implementing SAP BPC applications for multiple industry segments. The focused acquisition of Aster will immediately enable itelligence to strengthen its competitive market position in the SAP EPM space through an expanded, dedicated global practice that joins our complementary capabilities and increases our high-growth cross-selling opportunities.”
Norbert Rotter, CFO, itelligence AG, added: “With this strategic acquisition, we are further strengthening our business in the US and expanding our market presence, both regionally and globally, in strong performing SAP areas. By adding Aster Group‘s significant BPC experience and footprint, itelligence’s full SAP value proposition really comes together for CFOs, CIOs and all customers through end-to-end business visibility, from integrated planning to execution and consolidated reporting.”
Today, itelligence provides global scale and reach through country-specific localization enabled by full-service SAP solution delivery capabilities, including BPC, in 5 world regions and more than 22 countries. itelligence’s comprehensive offerings deliver BPC Cloud packages that bundle software, maintenance, implementation, hosting and ongoing application management as a subscription-based managed cloud service.