QuantiSense acquired by Epicor

Epicor Software Corp. has agreed to acquire privately held QuantiSense, Inc., a provider of cloud and on-premises packaged analytic solutions for the retail industry. The acquisition of QuantiSense, expected to close by Oct. 31, 2014, will add QuantiSense business intelligence and advanced retail analytics offerings to the Epicor Retail solutions portfolio, helping empower users to leverage enterprise-wide data as actionable insights to optimize all aspects of their operations, from the supply chain through to multi-channel points of purchase.

QuantiSense delivers analytic solutions targeted to key retail business users including buyers, planners, marketers, auditors, store and regional managers, and corporate executives. QuantiSense customers include a number of global retail brands such as Hallmark Cards, Men’s Warehouse, Restoration Hardware, and Urban Outfitters. QuantiSense is already successfully working with many of Epicor’s largest retailers including Michael Kors, Carters, FGL Sports, Nexcom, and Reitmans.

Following the closing of the acquisition, QuantiSense founder and CEO Jeff Buck and co-founder and CTO Juan Pereira are expected to join Epicor Retail to lead the company’s retail analytics and Big Data initiatives. Buck and Pereira each have more than 20 years of experience in the advanced analytics market applied to the retail industry, including several years with retail data analytics platform company MicroStrategy.