Unit4 acquires prevero delivering powerful CPM and BI to services organizations

Posted by  Stephan Sieber

Today, we are very pleased to announce that we have acquired prevero, a leading provider of Corporate Performance Management (CPM) and Business Intelligence (BI). prevero helps more than 4,000 international clients optimize their financial and operational functions, using business data to uncover deep insight and take quick action. Their strong CPM and BI offerings complement Unit4’s self-driving business solutions for services organizations.

As business leaders and CFOs face increasing pressure to drive organizational transformation, CPM and BI are critical to successful strategy execution. This is particularly true for services organizations that need to find new service models and revenue streams. prevero is a market leader in the field of CPM and BI, recognized as a visionary in Gartner’s Magic Quadrant for strategic CPM suites for the past three years.

We're excited to welcome our new colleagues from prevero. We both share a focus on delivering powerful industry-specific solutions and together we will focus on extending the functionality and delivering pre-built content for Unit4’s key verticals including Education and Professional Services. By joining forces, Unit4 and prevero can deliver the best performance management and the best services resource planning, designed using the latest technology to simplify user experience and maximize productivity.

Unit4 acquires Prevero from Unit4 Video on Vimeo.

Stephan Sieber

Stephan Sieber

Stephan was appointed CEO of Unit4 in 2016, responsible for leading the development and execution of the company's long term strategy. He joined Unit4 in 2014 as EVP Strategy and Operations and became responsible for global sales operations in 2015. Stephan previously worked for SAP where he held multiple leadership positions over more than 10 years including Managing Director of SAP Switzerland and Chief Operating Officer of the region DACH (Germany, Switzerland and Austria). He was also a member of the management team of SAP Germany. He completed an Advanced Management Program at INSEAD in 2002 and an MBA with the University of Toronto in 2007.