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Unit4

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Unit4
Company typePrivate
IndustryCloud computing software, software
Founded1980
HeadquartersUtrecht, Netherlands
Key people
  • Mike Ettling CEO
Products
  • ERP
  • FP&A
  • Student Management
  • Human Capital Management
Services
  • Software
  • Professional services
Revenue€500 million (2019)
Number of employees
3,200 (FTE)
Websitewww.unit4.com

Unit4 is a software company that designs and delivers enterprise software and ERP applications and related professional services for people in services organizations, with a special focus on the professional services, education, public services, and not-for-profit sectors. Headquartered in the Netherlands, it has subsidiaries and offices in 26 countries across Europe, North America, the Asia-Pacific region and Africa.

The company is best known for its People Experience Suite including Unit4 Business World ERP, Unit4 Financials, Unit4 FP&A, Unit4 Performance Management and Unit4 Student Management. In 2015, Unit4 announced a partnership with Microsoft to build self-driving business applications on the Microsoft Azure cloud.[1] Unit4's software is available in either cloud or on-premises setups.[2]

History

Unit4 was founded in 1980 by Chris Ouwinga and listed on the Amsterdam Stock Exchange in 1998.[3]

In 2000, Unit4 merged with the Norwegian ERP software house Agresso Group ASA[4] and the company name was changed to Unit4Agresso.

In 2008, it purchased the UK-listed accounting software company, CODA.[5] In 2010 Unit4 bought Polish software company Teta.[6] In 2011 it expanded its Asia-Pacific operations further with the acquisition of HR Software provider PROSOFT.[7]

In March 2014 Unit4 was acquired by international venture capital firm Advent International.[8]

In 2015, Unit4 rebranded its Coda financial management software package as Unit4 Financials.[9] The Unit4 People Platform was also launched in 2015 as the foundation for Unit4 business applications using Microsoft Azure technology.[9]

In 2015, Unit4 acquired education software company Three Rivers.[10]

In 2016, the company acquired Prevero.[10] Unit4 later rebranded Prevero's corporate performance management corporate performance management (CPM) software to Unit4 Financial Planning & Analysis.[11]

In 2017, Unit4 acquired professional services automation software company Assistance.[10] After the acquisition, Unit4 developed its PSA Suite professional services automation software on Microsoft Dynamics CRM.[12] Also in 2017, Unit4 launched the first enterprise software Chatbot, called Wanda.[13]

In March 2019, Unit4 acquired Intuo, a talent enablement platform.[14]

In April 2019, Mike Ettling, former president of SAP SuccessFactors and CEO of NGA Human Resources, became Unit4's CEO.[15]

References

  1. ^ "Unit4 picks Microsoft Azure for 'self-driving' ERP vision". enswmu.blogspot.co.uk.
  2. ^ "People Platform to Take Center Stage in Unit4 Re-branding". Gartner.com.
  3. ^ Philip Bueters. "That is how Unit4 grew up" (in Dutch). Sprout. Retrieved 17 July 2020.
  4. ^ "Company news: "Unit 4 will offer NOK 20.56 per Agresso share"". NYSE Euronext. 29 Dec 2000. Retrieved 22 Oct 2010.
  5. ^ "Agresso and CODA rebrands as UNIT4". Retrieved 17 July 2020.
  6. ^ "UNIT4 Announces Acquisition of Teta S.A". Retrieved 17 July 2020.
  7. ^ Johannes Böhme. "Mergers - The Great Unknown" (in German). brandeins. Retrieved 18 July 2020.
  8. ^ Sara Webb. "Private equity buyer offers $1.6 billion for Dutch software firm". Reuters. Retrieved 17 July 2020.
  9. ^ a b Katherine Noyes. "New Unit4 platform promises 'self-driving' ERP". Computer World. Retrieved 17 July 2020.
  10. ^ a b c Brian Sommer. "Unit4 - redevelopment mostly done, time to execute". Diginomica. Retrieved 17 July 2020.
  11. ^ "Unit4 buys prevero, expands footprint in CPM and Germany". Diginomica.com.
  12. ^ "Unit4 buys Assistance PSA to mine Dynamics ecosystem". Diginomica.com.
  13. ^ Khari Johnson. "Unit4's Wanda wants to be the bot for all business needs". Venture Beat. Retrieved 17 July 2020.
  14. ^ Steve Brooks. "Celebrating the marriage of Unit4 and Intuo". Enterprise Times. Retrieved 17 July 2020.
  15. ^ Steve Brooks. "Unit4 hires Mike Ettling as new CEO". Enterprise Times. Retrieved 17 July 2020.
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