Intelligent CIO Europe Issue 05 | Page 18

NEWS Adaptive Insights brings business planning cloud to France A daptive Insights, powering a new generation of business planning, continues its expansion in France with in-country support, channel partners and new customers. The company is committed to bringing its Business Planning Cloud to French organisations to help them achieve agility in today’s fast-moving world. Adaptive Insights recently announced surpassing US$100 million in annualised revenue, crediting its easy-to-use platform that is used by business and finance users alike. Adaptive Insights continues to expand its customer list in Europe with organisations of all sizes and across all industries. ASCO Industries, a leader in the design and manufacturing of equipment for the aerospace industry located in France, chose Adaptive Insights for its company-wide planning. “When we made the decision to move our planning to the cloud, Adaptive Insights was the clear choice,” said Nicola Cheesman, ASCO Industries’ Finance Systems Manager for Europe and the Middle East. “We needed an easy solution that everybody could use and didn’t require complex IT development and programming, yet one that could scale with our growing business and be modelled by users, not IT programmers. We’re delighted that Adaptive Insights has expanded its presence and support in our region as more and more French companies turn to the Business Planning Cloud for planning, reporting and analysis.” Fred Gewant, Chief Revenue Officer of Adaptive Insights, commented: “We see a tremendous opportunity to deliver the Business Planning Cloud in France as organisations of all sizes implement business planning orchestrated by finance. Now with a dedicated team in-country and a strong partner network, we’re well-positioned to help French organisations transform their business planning process.” ////////////////// LINK Mobility enters the UK market and strengthens its French position and represent a combined revenue of €5 million, with a combined EBITDA of €1.04 million in 2017. The companies together have more than 6,000 active Enterprise and Small Medium Business clients. L INK Mobility enters the UK market and strengthens its French position by signing a term sheet regarding the acquisition of two European messaging companies. LINK Mobility Group ASA, one of Europe’s leading and fastest-growing providers of cloud-based mobile messaging and mobile 18 INTELLIGENTCIO solutions services, has entered into term sheets regarding the acquisition of two European messaging companies, with operations in multiple countries, including France and the United Kingdom. The companies had a combined volume of more than 100 million messages in 2017 “I am glad to announce that we are entering the UK market for mobile messaging and solutions and strengthening our French operations through the two planned acquisitions. The UK acquisition is our first into the large UK market and LINK will gain direct access to several of the UK mobile operators. And on top of that, we further expand our footprint in central Europe with a strong add-on acquisition in France. We expect synergies to our existing operations and see a great possibility to continue to grow these acquisitions with LINK´s innovation of new mobile messaging and solutions services,” said Arild E Hustad, CEO of LINK. www.intelligentcio.com