Epicor to Acquire Industry Leading Cloud Retail Analytics Solutions Provider -- QuantiSense

AUSTIN, TX--(Marketwired - Oct 20, 2014) - Epicor Software Corporation, a global leader in business software solutions for retail, manufacturing, distribution, and services organizations, today announced that it has agreed to acquire privately held QuantiSense, Inc., a preeminent provider of cloud and on-premises packaged analytic solutions for the retail industry.

The acquisition of QuantiSense, expected to close by October 31, 2014, will extend Epicor's position as a leading provider of extended omni-channel solutions for midsize and large retail chains. Each year, over $450 billion in transactions flow through Epicor Retail systems implemented at leading retail brands. The addition of QuantiSense business intelligence and advanced retail analytics offerings to the Epicor Retail solutions portfolio will empower retailers to leverage enterprise-wide data as actionable insights to optimize all aspects of their operations, from the supply chain through to multi-channel points of purchase.

QuantiSense delivers analytic solutions targeted to all key retail business users including buyers, planners, marketers, auditors, store and regional managers, and corporate executives. An important advantage of the QuantiSense platform is its ability to manage big data requirements, consolidating huge volumes of data from disparate systems into a meaningful, role-based view of the business resulting in more reliable information, reduced costs, increased agility, and faster execution. QuantiSense customers include a number of leading global retail brands such as Hallmark Cards, Men's Warehouse, Restoration Hardware, and Urban Outfitters. QuantiSense is already successfully working with many of Epicor's largest retailers including Michael Kors, Carters, FGL Sports, Nexcom, and Reitmans.

"QuantiSense is an important strategic addition to Epicor, as they share our focus on delivering advanced solutions to help retailers transform their organizations, create exceptional customer experiences, and develop new opportunities to drive profitability," said Noel Goggin, executive vice president and general manager, Epicor Retail. "QuantiSense has established a world-class customer base with the retail analytics industry's highest client satisfaction ratings -- affirmed by its two consecutive years at #1 overall on the RIS Software LeaderBoard. With big data solutions available for deployment in the cloud, QuantiSense provides retailers with a significant and sustainable competitive advantage with a faster time to value."