SAP Acquisition of KXEN Proxy War in the Cloud, Predictive Analytics Space
This week at the SAP Business Objects User Group Conference (SBOUC), Steven Lucas (President of Platform Solutions at SAP) announced the acquisition of predictive analytics and cloud-based solution platform KXEN. This was position in response to SAP customer demand around greater workflow and process integrations with analytics in a cloud-based offering. While the intent to acquire KXEN by SAP is not a done deal, the wheels are firmly on the track and the train is moving ahead to an October, 2013 close based on an analyst call hosted by both companies this morning.(more…)
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