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Epicor completes acquisition of Smart Software to enhance AI-powered inventory planning & optimization technologies

PRIVATEMay 01, 2024

Acquiring Company

Epicor

Acquired Company

Smart Software

AustinBelmontSoftwareSoftwareArtificial IntelligenceAnalyticsMachine Learning

Description

Epicor, a global leader of industry-specific enterprise software, has acquired Smart Software, a leading provider of cloud-based, AI-driven inventory planning and optimization (IP&O) applications. The acquisition positions Epicor to deliver best-in-class ERP solutions with enhanced AI capabilities, transforming traditional ERP into a system of action for the make, move, and sell industries.

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Company Information

Company

Epicor

Location

Austin, Texas, United States

About

Epicor equips hard-working businesses with enterprise solutions that keep the world turning. For 50 years, Epicor customers in the automotive, building supply, distribution, manufacturing, and retail industries have trusted Epicor to help them do business better. Innovative Epicor solution sets are carefully curated to fit customer needs and built to respond flexibly to their fast-changing reality. With deep industry knowledge and experience, Epicor accelerates its customers’ ambitions, whether to grow and transform, or simply become more productive and effective.

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Frequently asked

Who acquired Smart Software?

Smart Software was acquired by Epicor, based in Austin. The deal was reported on May 1, 2024. Epicor equips hard-working businesses with enterprise solutions that keep the world turning. Epicor is privately held and operates in Software.

When did Epicor acquire Smart Software?

Epicor's acquisition of Smart Software was reported on May 1, 2024. Epicor, a global leader of industry-specific enterprise software, has acquired Smart Software, a leading provider of cloud-based, AI-driven inventory planning and optimization (IP&O) applications. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Smart Software do?

Smart Software is a leading provider of cloud-based, AI-driven inventory planning and optimization (IP&O) applications that leverage patented, probabilistic AI and machine learning models to deliver superior forecasting and 'what if' analysis. It is privately held, operating in Software, and is based in Belmont.

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