IBM plans to acquire Meteorix LLC, a premier Workday services partner, to help companies gain new competitive advantage by aligning people with financial performance and redefine work with the speed and simplicity of cloud-delivered finance and HR services.
Executives are under increased pressure to make the best possible decisions faster and with more predictable outcomes to drive growth and competitive advantage. Companies are looking for new ways to attract, engage, develop and support employees amidst the fierce global competition for top talent.
Advancements in cloud, mobile, analytics and cognitive computing allow both finance and HR executives to operate with a more complete, real-time picture of their organization.
Workday being one of the world’s leading providers of enterprise cloud applications for finance and HR, Meteorix has been able to cultivate deep expertise and best practices for maximizing returns from the strategic use of Workday applications.
Meteorix has more than 200 certified Workday consultants and a track record of success delivering complex, high-value services to multi-national leaders and innovators across a wide range of industries.
“The planned acquisition of Meteorix can make IBM one of the leading, most qualified and experienced Workday service providers in the world,” said Bridget van Kralingen, senior vice president, IBM Global Business Services.
Kralingen added: “It deepens the quality of service to existing Workday clients and dramatically expands our reach to new clients. Meteorix’s Workday implementation experience combined with our industry and transformational expertise as well as the industry’s foremost business analytics capability and leadership in cognitive computing will unlock next-generation employee engagement and productivity while accelerating financial performance.”
Sam Spector, CEO of Meteorix thinks, “The combined expertise of IBM and Meteorix will enable clients to rapidly implement and maximize the value of Workday while transforming their finance and HR capabilities for the future. That’s a win for everyone.”
The planned acquisition of Meteorix will expand IBM’s ability to help clients deploy Workday applications and transform traditional finance and HR.
“The combination of IBM and Meteorix will bring significant added value to our customers,” said Aneel Bhusri, co-founder and CEO, Workday. “Meteorix’s deep Workday experience together with the industry expertise of IBM gives our customers a global strategic partner to help them put their finance and HR operations in the cloud and transform their businesses for future growth.”
This planned acquisition will build on IBM’s significant investments and research in cloud computing and workforce science. IBM continues to help clients apply behavioural science and world-leading capabilities in advanced analytics, technology integration and psychological principles to drive better business performance.