Answerthink, Inc. has purchased Beacon Analytics Inc., a company specializing in Hyperion software implementations and business performance analytics. The acquisition is expected to add approximately $8.0 million in annualized revenue to Answerthink and will further strengthen Answerthink's ability to provide planning, reporting and decision support solutions to its clients.
Answerthink is a business and technology consulting firm that enables companies to achieve world-class business performance. Beacon Analytics is a business performance management consulting company focusing on the implementation of Hyperion software. Beacon's principal industries include financial services, manufacturing, insurance, health care, retail and consumer products. Its primary markets include California, Texas, New York/New Jersey and Illinois.
Today's announcement follows on the heels of another recent expansion of Answerthink's business intelligence offerings. Answerthink recently introduced Rapid Insight, a solution framework that quickly and easily adds powerful decision support capabilities and financial analytics to leading business applications. The solution combines the capabilities of leading financial analytics software with integrated proven best practices and business metrics from The Hackett Group to provide companies with clear insight into current performance and market trends, enabling executives to make smarter, faster and more efficient decisions.
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