NOVEMBER 13 2024
Nordic Capital-backed Board, a leading enterprise planning platform, has acquired Prevedere, a pioneer in predictive planning. This strategic move positions Board as one of the only platforms to integrate internal performance metrics with external economic intelligence, offering businesses a holistic view of the factors that drive growth and competitive advantage.
By embedding Prevedere’s capabilities into the Board platform, its customers will benefit from:
- Predictive Insights: Board’s acquisition of Prevedere establishes it as one of the leading enterprise planning platforms, combining internal metrics with external economic intelligence, empowering businesses to anticipate market shifts and improve decision-making.
- Enhanced Decision-Making with Real-Time Data: The integration of Prevedere’s AI- driven predictive models and extensive external data points gives Board’s customers a comprehensive view of the factors impacting their operations, enabling faster, smarter decisions grounded in real-time data.
- Recognised Expertise: With a newly expanded team of economists and data scientists, Board will provide clients with expert analysis and sector-specific insights, transforming complex data into actionable strategies that drive competitive advantage.
In today’s rapidly changing markets, where companies face evolving customer preferences and economic shifts, decision-makers need tools that go beyond internal metrics. By integrating millions of external data points—ranging from macroeconomic indicators to AI-driven predictive models—Board will provide businesses with visibility into external factors that affect their planning, enabling more informed, proactive decisions that fuel growth.
Prevedere’s proven platform, trusted by leaders like Kraft Heinz, Kimberly-Clark, Cargill, and McDonald’s, has helped companies build predictive models for critical planning needs, cutting costs by reducing inventory excess and optimizing logistics in response to global trade dynamics. With Board’s enhanced platform, customers will now have a 360-degree view of market dynamics in their industry, informed by real-time internal and external insights.
“Board’s customers spend significant time analyzing internal data but often lack visibility into how external factors might impact their planning,” said Jeff Casale, CEO of Board. “By integrating Prevedere, we eliminate those blind spots, equipping executives with a complete view of their operating environment. This empowers them to respond dynamically to market changes and make informed decisions that drive competitive advantage.”
With the integration of Prevedere’s technology and a team of top economists, Board provides tailored, data-backed strategies for industries such as retail, manufacturing, and consumer goods. This acquisition underscores Board’s mission to make complex data actionable, helping organizations refine their strategies with insights from both internal metrics and external economic intelligence.
Rich Wagner, founder and former CEO of Prevedere and now Field CTO at Board, added, “With Prevedere now part of Board, we’re offering customers notable value. Businesses can now make real-time decisions based on reliable, actionable insights, empowering them not just to adapt to change, but to thrive in it.”
This acquisition solidifies Board and Prevedere’s commitment to equipping businesses with the future-focused planning tools they need to achieve sustainable growth and a competitive edge in an ever-changing market landscape.
For more information, visit: Board | The Enterprise Planning Platform
About Board
The Board Enterprise Planning Platform powers financial and operational planning for more than 2,000 organizations worldwide. Industry leaders trust Board to turn complex data into better decisions with AI, analytics, and tailor-made solutions for enterprise-grade challenges. Global brands including H&M, BASF, Burberry, Toyota, Coca-Cola, KPMG, and HSBC use Board to enhance workflows and strengthen their competitive edge. Founded in 1994, and now with 25 offices worldwide, Board is recognized by leading analysts including BARC, Gartner, and IDC.
Press Contact
Ross Daniels rdaniels@board.com
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