Cubeware + Insightful Software Logo

insightsoftware Acquires Cubeware, Expanding Global Footprint in DACH Region

Acquisition brings business intelligence solution to growing DACH business; complementary product  supports IDL customers and partners

RALEIGH, N.C. – October 20, 2022 – insightsoftware, a global provider of reporting, analytics, and  performance management solutions, today announced it has acquired Cubeware, a German-based  business intelligence (BI), analytics, and performance management specialist. This acquisition expands  insightsoftware’s footprint in Germany, Austria, and Switzerland.

For more than 20 years, Cubeware has been a leader in the field of BI, with customers that rely on  insights to help solve critical problems. Its Cubeware Solutions Platform (CSP) provides organizations  with a centralized dashboard for users to quickly process, visualize, and analyze relevant BI data. The single platform offers a uniform view on customers, products, and markets with interactive and  responsive applications – from data management to visualizations, reports, and guided planning  workflows. Finance and operations teams can easily expand, customize, and optimize BI processes  across the company with little maintenance and training.

“Today’s organizations are hyper focused on empowering finance and operations teams with the ability  to leverage business data to drive more strategic decision making. insightsoftware offers a vast number  of solutions to enable our customers to unlock business data and achieve this reality. We have expanded  our portfolio of market-leading solutions across financial planning and analysis (FP&A), controllership,  capital management, and embedded analytics via strategic organic and inorganic growth,” said Dafydd  Llewellyn, General Manager, EMEA at insightsoftware. “This acquisition assures existing Cubeware customers can continue to rely on CSP to address their BI needs with a new, globally-enabled partner.”

“We’re thrilled to become part of insightsoftware,” said Taha Malik, CEO of Cubeware. “This is a  tremendous opportunity for our customers to address more use cases, and scale their businesses  through access to more solutions, channels, and partners. I’m proud of our team and what we’ve  accomplished together, and I look forward to seeing the combined companies integrate.”

About insightsoftware

insightsoftware is a leading provider of reporting, analytics, and performance management solutions.  Over 32,000 organizations worldwide rely on us to support business needs in the areas of accounting,  finance, operations, supply chain, tax, budgeting, planning, HR, and disclosure management. We enable  the Office of the CFO to connect to and make sense of their data in real time so they can proactively  drive greater financial intelligence across their organization. Our best-in-class solutions provide  customers with increased productivity, visibility, accuracy, and compliance. Learn more at  insightsoftware.com.

About Cubeware

Cubeware GmbH, headquartered in Munich, Germany, is a leading manufacturer of BI products and  performance management solutions. More than 4,000 customers worldwide rely on Cubeware. The IT  provider combines industry and BI know-how from a single source via a global partner network. Through technology partnerships with Microsoft, Oracle, and IBM, Cubeware products fit seamlessly into various  platforms.

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