Infor Acquires Retail-Demand Software Firm Predictix

Infor plans to blend its consumer-demand forecasting technology with its own supply-chain management software.

Enterprise software firm Infor is acquiring Predictix LLC and merging the company’s consumer-demand forecasting technology into its own supply-chain management systems for retailers.

Infor had invested $25 million in Predictix  in January.

The company is buying out the other investors of Atlanta-based Predictix, which mines data from the internet and other sources to predict demand trends for retailers including Home Depot Inc. and Whole Foods Market Inc.

The acquisition, for an undisclosed amount, follows Infor’s $675 million acquisition in August 2015 of GT Nexus, another provider of cloud-based software for retailers.

Infor and Predictix said subscriptions to the Predictix analytics software grew 40 percent last year and have accelerated since Infor’s initial investment, according to the report.

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