MINNEAPOLIS -- (BUSINESS WIRE) -- Logic Information Systems, Inc. today announced that it has signed a definitive agreement to acquire Yomari Information Services. The acquisition will combine Yomari’s expertise in Business Intelligence (BI) and Big Data Analytics with Logic’s expertise in large-scale enterprise systems integration services in the retail industry, and create significant synergies in providing end-to-end business process optimization services to their customers.
“We did this for one reason,” said Logic CEO and co-founder Bill Szlaius, “to put Business Intelligence front and center. The Yomari acquisition will help enrich our service by making Business Analytics a central part of our portfolio such that our clients are able to make better business decisions and drive growth opportunities through data-driven insights. This will help our clients serve their customers better, manage their inventory more efficiently, and drive value for everyone.”
“We have seen many retailers invest millions of dollars in setting up complex IT systems and yet not realize its full ROI because they struggle with bringing together data from these varied systems to make sense of it all,” added Rupesh Pradhan, Yomari CEO and co-founder. “As a combined company, we will be better positioned to help our customers make better business decisions by ensuring that access to richer analytics and better intelligence is a central part of our systems integration services.”
Additionally, Pradhan noted that Logic and Yomari have always shared the same values and beliefs, noting similarities in the corporate cultures and highlighting how well the two companies have partnered together for many years. “This means any change our clients will notice will benefit them, including a heightened level of service from our combined experience,” Pradhan added.
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The acquisition represents a natural extension to Logic’s current service offering as a service provider for Oracle Retail solutions. The acquisition is a major milestone in Logic’s strategy to establish itself as a leading systems integration and business process services provider in this space, with end-to-end knowledge across the Oracle Retail product footprint and geographic reach across retailers around the world.
With Business Analytics expected to become a major area of future investment for IT organizations within many tier-one and mid-market retailers, this acquisition is expected to significantly expand Logic’s near-term as well as long-term growth opportunities.
About Logic Information Systems
Founded in 1997, Logic specializes in providing business solutions through integrated expert technology implementation for the unique needs of tier-one and mid-market retail organizations. Through Logic’s strategic consulting, retail optimization and systems implementation, its customers achieve streamlined efficiencies, increased quality, improved service and enhanced profitability. Logic has customers in every major geographic region of the world including North America, Latin America, Europe, Asia, and the Middle East. It is headquartered in Minneapolis, Minnesota, and has regional offices in the UK, Portugal, Thailand, Australia, Brazil, India, and Pakistan. For more information, visit www.logicinfo.com.
About Yomari Information Services
Founded in 2004, Yomari has been the leading consulting company focused exclusively on enterprise data analytics and Business Intelligence for retailers. Yomari has helped retail organizations of all sizes around the world in designing, developing, and implementing BI systems that will help them gather valuable insights from their data. Yomari is headquartered in Minneapolis, Minnesota, with an offshore development center in Nepal. For more information, visit www.yomari.com.
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