SmartSights Expands Capabilities with Sage Clarity Acquisition
SmartSights Acquires Sage Clarity
SmartSights, a provider of operational intelligence software, has taken a significant step forward by acquiring Sage Clarity. This acquisition promises to boost SmartSights' capabilities in delivering valuable insights to industrial teams, enabling them to respond more quickly and strategically to operational challenges.
Enhancing Operational Intelligence
Founded in 2011, Sage Clarity has built a robust platform that allows firms to gain real-time visibility into their manufacturing operations. Their suite of applications is known for being configurable and platform-agnostic, meaning that companies can integrate them seamlessly into their existing systems without a hitch. This integration will not only enhance situational awareness for operators but also provide actionable insights for executives, directly impacting efficiency across the supply chain.
Strategic Fit and Value Addition
SmartSights' CEO, Corey Rhoden, expressed enthusiasm about integrating Sage Clarity's data analytic solutions into their current offerings. He emphasized that the acquisition aligns perfectly with SmartSights' strategic goals, enhancing their platform with advanced features like issue management and root cause analysis. This bundled approach gives customers an invaluable toolkit to refine their manufacturing operations and achieve higher productivity.
Support from Capstreet
The backing of Capstreet, a private equity firm that specializes in lower middle market investments, provides Sage Clarity with the resources necessary for further growth. John Oskin, the Founder and President of Sage Clarity, noted that this partnership will enable them to harness data more effectively, helping clients streamline their operations while ensuring data fidelity.
Innovative Analytics for Manufacturing
Sage Clarity is known for its sophisticated manufacturing analytics that enhance SmartSights' existing software functionalities. As Rick Pleczko, a Capstreet Executive, mentioned, this acquisition is a fantastic way to bolster SmartSights' commitment to using data-driven techniques to maintain the health of plant infrastructures. The collaboration aims to improve real-time alerting and reporting for customers.
About SmartSights
SmartSights focuses on orchestrating data to facilitate the seamless operation of industrial facilities. Their solutions empower teams by offering data-driven analytics, timely reports, and alerts that aid in effective decision-making. SmartSights plays a crucial role in helping businesses quickly identify critical issues and improve infrastructure performance.
About Capstreet
Capstreet brings over three decades of experience in investing in the lower middle market, targeting software and tech-enabled services. With a track record of over 50 platform investments and numerous add-on acquisitions, Capstreet aims to foster sustainable growth in founder- or entrepreneur-owned businesses through its tailored investment strategy.
Frequently Asked Questions
What is SmartSights?
SmartSights is a technology provider specializing in operational intelligence software for industrial operations.
Who did SmartSights acquire?
SmartSights acquired Sage Clarity, a company that produces applications for analyzing manufacturing activities.
What benefits does Sage Clarity provide?
Sage Clarity offers real-time visibility and data analytics that enhance operational efficiency for manufacturers.
How does Capstreet support SmartSights?
Capstreet, as a private equity firm, provides financial backing to SmartSights, fostering growth and innovation.
What is the goal of the acquisition?
The goal is to enhance SmartSights' software capabilities, providing comprehensive solutions for operational effectiveness in manufacturing.
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