Board Acquires Prevedere to Enhance Enterprise Planning Predictive Power
Board, an enterprise planning platform, has acquired Prevedere, a pioneer in predictive planning. The deal integrates internal performance metrics with external economic intelligence.
Boston – Board, a company offering an enterprise planning platform, has acquired Prevedere, which specializes in predictive planning. The companies announced the acquisition on Wednesday, November 13, 2024.
The acquisition allows Board's platform to integrate businesses' internal performance metrics with external economic intelligence, providing a holistic view of growth drivers. Board stated that this combination will help companies anticipate market shifts and improve decision-making.
New capabilities will include predictive insights derived from real-time data and AI-driven models. Board has also expanded its team with economists and data scientists who will offer industry-specific insights and strategies.
Prevedere, whose clients have included Kraft Heinz and McDonald's, has previously assisted companies in building predictive models for inventory optimization and logistics improvements, among other areas. Jeff Casale, CEO of Board, commented that the acquisition eliminates blind spots related to external factors in business planning.
Board indicated that the acquisition strengthens its position as a provider of tools for sustainable growth and competitive advantage in evolving markets.