BackOffice Associates Celebrates Mid-Year Momentum with Data Transformation Innovations and Global Expansion

Company’s Solutions Applauded for Solving Enterprises’ Most Complex Data Transformation Challenges

McLean, Va. – September 7, 2018 –Completing the first half of 2018 with a series of unprecedented growth initiatives, BackOffice Associates, a worldwide leader in solutions that solve enterprises’ most complex data transformation challenges, today announced its mid-year achievements. Most notably, the company deepened its commitment to delivering best-in-class solutions for SAP S/4HANA® migrations and made key appointments to its executive team – including naming Dave Spencer, former SAP Chief Operating Officer of North America, as its new President of North America; Kevin Campbell, former Group Chief Executive Officer of multiple business units at Accenture, as its President of Global Consulting and Services Delivery; and Steve Webber, a former EMC executive-level financial executive, as Chief Operating Officer.

As the leader in solving enterprises’ most complex data transformation challenges, BackOffice Associates continued its streak of adding key new Global 2000 customers by responding to increased demand for its trusted expertise, intelligent software and solution accelerators for specific industries and lines of business. It also introduced a solution specifically addressing data requirements around GDPR and unveiled a freemium version of its Quadrate ERP² solution. Additionally, the company received significant market affirmation, earning recognition on Gartner’s Market Guide for Information Stewardship Applications and the Database Trends and Applications(DBTA) 100, as well as winning DBTA’s Reader’s Choice Award for Best Data Governance Solution for the fourth consecutive year.

“In the first half of the year, we saw a major uptick in enterprises engaging in digital transformation initiatives, which also demand data transformations – particularly regarding SAP S/4HANA cloud migrations. Our solutions’ track record of success for managing all phases of the data journey has solidified BackOffice as the go-to provider for these initiatives,” said David Booth, CEO of BackOffice Associates. “Continuing our momentum, our latest data migration, data quality, master data management and information governance product innovations are continually being infused with new AI and machine learning capabilities to drive even more efficiencies and targeted enterprise business outcomes for our Global 2000 customers.”

During the first half of 2018, BackOffice set sales records across key global regions. Its Europe and Africa team reported a 70 percent increase in software sales versus the first half of 2017, and there was a 21 percent increase in overall revenue when compared to the same time period in 2017. New enterprise wins abounded across the UK, France, Germany, the Netherlands and South Africa.

“Our strategic investments during the first two quarters allowed BackOffice to expand its EUAF regional presence by deploying our solutions across the Nordics, Benelux and South Africa. We also opened our new DACH headquarters office in Stuttgart, Germany, to help meet major demand for supporting SAP S/4HANA migrations,” said Clive Bellmore, CEO of Europe and Africa, BackOffice Associates.“We’ve received immense traction across Europe and Africa-based customers for deploying our SAP S/4HANA migration solutions as we guided multi-billion-dollar enterprises through their migration go-lives in the first half of 2018.”

In the Asia Pacific region, the BackOffice Associates team added premier clients including Vista Land and Concepcion Industrial Corp in the Philippines and Endeavour Energy in Australia. They also signed a leading fast food retail chain in the Philippines, the largest food and beverage company in Australia, and Singapore’s leading utilities, marine and urban development group.

“2018 began with more of the market waking up to the reality of SAP S/4HANA adoption. This changed requirements around SAP Analytics Cloud and drove the emergence of data science and analytics in real businesses,” said Krish Datta, CEO – Asia Pacific, Japan and Middle East. “As a true ‘data to decision’ player in the region, BackOffice Associates responded by inking widespread customer wins across Australia, Indonesia, Philippines, Singapore and the Middle East and achieving 100 percent delivery success. We will continue to leverage our market leadership position in helping customers plan their moves to SAP S/4HANA, SAP Analytics Cloud and end-to-end SAP Business Planning and Consolidation.”

About BackOffice Associates

BackOffice Associatesis a worldwide leader in information governance and data stewardship solutions, focusing on helping customers manage one of their most critical assets – data. Our range of award-winning products, built on a revolutionary platform, address the needs of business users seeking to unlock the value of their data assets. Our products and services enable organizations to accelerate growth, gain actionable visibility and reduce risks. Founded in 1996, we have an unparalleled record of success in the most complex data environments across a variety of industries with Fortune 1000 organizations. BackOffice Associates is a global corporation headquartered in Massachusetts with additional offices in the U.S., Australia, Canada, Dubai, India, Singapore, Switzerland, Germany and the U.K. To learn more, please visit www.boaweb.com.

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