Kenexa acquisition to drive IBM’s growth in the cloud

RESEARCH TRIANGLE PARK, N.C. – Kenexa provides IBM another portal to access the business-critical data that fuels a “smarter planet,” according to Technology Business Research. Kenexa marks an entry point in the SaaS market and complements existing analytics solutions IBM’s acquisition activity throughout 2012 reflects the company’s long-term growth goals in the cloud and business analytics, with second quarter acquisitions such as Varicent Software and Tea Leaf in 2012 providing capabilities and solutions that enable expansion in both of these markets. IBM projects its cloud and Business Analytics businesses to contribute approximately $7 billion and $16 in revenue, respectively,...

Read More