Unit4

Unit4 is a software company that designs and delivers enterprise software and ERP applications and related professional services for people in services organizations, with a special focus on the professional services, education, public services, and not-for-profit sectors. Headquartered in the Netherlands, it has subsidiaries and offices in 26 countries across Europe, North America, the Asia-Pacific region and Africa.

Unit4
Private
IndustryCloud computing software, software
Founded1980
HeadquartersUtrecht, Netherlands
Key people
  • Mike Ettling CEO
Products
  • ERP
  • FP&A
  • Student Management
  • Human Capital Management
Services
  • Software
  • Professional services
Revenue€500 million (2019)
Number of employees
3,200 (FTE)
Websitewww.unit4.com

The company is best known for its People Experience Suite including Unit4 Business World ERP, Unit4 Financials, Unit4 FP&A, Unit4 Performance Management and Unit4 Student Management. In 2015, Unit4 announced a partnership with Microsoft to build self-driving business applications on the Microsoft Azure cloud.[1] Unit4's software is available in either cloud or on-premises setups.[2]

History

Unit4 was founded in 1980 by Chris Ouwinga and listed on the Amsterdam Stock Exchange in 1998.[3]

In 2000, Unit4 merged with the Norwegian ERP software house Agresso Group ASA[4] and the company name was changed to Unit4Agresso.

In 2008, it purchased the UK-listed accounting software company, CODA.[5] In 2010 Unit4 bought Polish software company Teta.[6] In 2011 it expanded its Asia-Pacific operations further with the acquisition of HR Software provider PROSOFT.[7]

In March 2014 Unit4 was acquired by international venture capital firm Advent International.[8]

In 2015, Unit4 rebranded its Coda financial management software package as Unit4 Financials.[9] The Unit4 People Platform was also launched in 2015 as the foundation for Unit4 business applications using Microsoft Azure technology.[9]

In 2015, Unit4 acquired education software company Three Rivers.[10]

In 2016, the company acquired Prevero.[10] Unit4 later rebranded Prevero's corporate performance management corporate performance management (CPM) software to Unit4 Financial Planning & Analysis.[11]

In 2017, Unit4 acquired professional services automation software company Assistance.[10] After the acquisition, Unit4 developed its PSA Suite professional services automation software on Microsoft Dynamics CRM.[12] Also in 2017, Unit4 launched the first enterprise software Chatbot, called Wanda.[13]

In March 2019, Unit4 acquired Intuo, a talent enablement platform.[14]

In April 2019, Mike Ettling, former president of SAP SuccessFactors and CEO of NGA Human Resources, became Unit4's CEO.[15]

References
  1. "Unit4 picks Microsoft Azure for 'self-driving' ERP vision". enswmu.blogspot.co.uk.
  2. "People Platform to Take Center Stage in Unit4 Re-branding". Gartner.com.
  3. Philip Bueters. "That is how Unit4 grew up" (in Dutch). Sprout. Retrieved 17 July 2020.
  4. "Company news: "Unit 4 will offer NOK 20.56 per Agresso share"". NYSE Euronext. 29 Dec 2000. Retrieved 22 Oct 2010.
  5. "Agresso and CODA rebrands as UNIT4". Retrieved 17 July 2020.
  6. "UNIT4 Announces Acquisition of Teta S.A". Retrieved 17 July 2020.
  7. Johannes Böhme. "Mergers - The Great Unknown" (in German). brandeins. Retrieved 18 July 2020.
  8. Sara Webb. "Private equity buyer offers $1.6 billion for Dutch software firm". Reuters. Retrieved 17 July 2020.
  9. Katherine Noyes. "New Unit4 platform promises 'self-driving' ERP". Computer World. Retrieved 17 July 2020.
  10. Brian Sommer. "Unit4 - redevelopment mostly done, time to execute". Diginomica. Retrieved 17 July 2020.
  11. "Unit4 buys prevero, expands footprint in CPM and Germany". Diginomica.com.
  12. "Unit4 buys Assistance PSA to mine Dynamics ecosystem". Diginomica.com.
  13. Khari Johnson. "Unit4's Wanda wants to be the bot for all business needs". Venture Beat. Retrieved 17 July 2020.
  14. Steve Brooks. "Celebrating the marriage of Unit4 and Intuo". Enterprise Times. Retrieved 17 July 2020.
  15. Steve Brooks. "Unit4 hires Mike Ettling as new CEO". Enterprise Times. Retrieved 17 July 2020.
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