TARGIT, a leading provider of business intelligence software for small and medium-sized businesses, announced the acquisition of CalmCo, a partner of a long-time business intelligence solution provider.
This next step in the partnership between TARGIT and CalmCo will pave the way for CalmCo’s continued development of solutions and enable its market expansion, while supporting TARGIT’s strategic expansion into new key industries and geographies. By working together, the two organizations will enhance their respective business intelligence capabilities and seek to develop new capabilities for car dealers and their end users.
“Our integration into the Target ecosystem will allow us to strengthen our solutions and services for existing customers while expanding our market presence as part of a larger, more established organization,” said Luke Coss. , President of CalmCo.
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CalmCo’s Business Intelligence-as-a-Service (BIaaS) platform is powered by TARGIT’s business intelligence software and enables automotive customers to deploy an out-of-the-box business intelligence solution. Dealers can integrate CalmCo with their preferred Dealership Management System (DMS) as well as any other operating platform.
From there, users can access pre-built dashboards, create custom dashboards, and generate reports that speed operations and help them realize operational value right from the start. CalmCo’s user-friendly solutions, coupled with the company’s expertise in the automotive industry, make it the preferred partner for the largest car dealer groups and help support TARGIT’s long-term business planning.
Jacob H. Kraglund, CEO of TARGIT, states: “CalmCo’s solutions and services for the automotive industry align perfectly with TARGIT’s strategy and the visions of customers in many other important industries. We Are the Market Leaders, Out-of-the-Box We are excited to partner with CalmCo to introduce out-of-the-box business intelligence solutions that enable auto dealerships to drastically improve the time-to-value of business intelligence To shorten. »
The CalmCo team already has experience working with the TARGIT platform, so this acquisition represents a great opportunity for both organizations. CalmCo will continue to operate as a separate business unit within TARGIT, meaning CalmCo customers will continue to have access to the CalmCo skills and team members they know and love.
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