BeyondCore, a business analytics software company has got into an agreement with Salesforce and soon will become part of it. This will be Salesforce’s latest acquisition after Quip which happened previous month.
BeyondCore, found in 2004 provides accurate, insightful, actionable analytics using smart data discovery technology. It automatically analyzes data and publish report in PowerPoint and Word format with zero manual intervention which gives insights and helps viewer to make smart business decisions. It currently has approximately 20 issued and pending patents which showcases its commitment to R&D and persistence in looking for newer technological breakthroughs.
Interestingly BeyondCore had built an integration into Salesforce and was showcased in Gartner BI Summit earlier in the year. This will also be part of latest software BeyondCore 7 which is scheduled to release next.
Confirmed by both Salesforce and BeyondCore, BeyondCore will be working with Salesforce Analytics Cloud, which will provide additional capabilities to Salesforce Analytics Cloud’s customers.
As stated by Arijit Sengupta (CEO, BeyondCore) in his blog: “Today, I’m excited to share the news that Salesforce has signed an agreement to acquire BeyondCore! The team and I couldn’t be more excited to join the Salesforce family once the transaction closes.” Further stated “I’d like to thank all of our customers, partners and employees for helping us achieve this key milestone. We look forward to continuing this journey with you after the transaction closes. If you thought BeyondCore was setting the pace for the smart data discovery space while it was just a Series A startup, wait till you see what we can achieve as part of Salesforce. If you’re not a customer, give us a try at https://beyondcore.com/free-trial and stay tuned for exciting innovations to come!”
Financial details of the deal are not yet revealed, but we are sure that soon we will witness some interesting tools with AI functionalities disrupting the CRM platform across industries.