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Wolters Kluwer N.V.: Wolters Kluwer has acquired Vanguard Software
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Vanguard Software serves companies of all sizes across every major industry in more than 60 countries, helping them to improve forecasting, reduce overstocks, optimize inventory distribution, and reduce supply chain costs. Vanguard Predictive Planning solutions use artificial intelligence, algorithmic modeling, process automation, and a collaboration hub to enable companies to optimize and automate end-to-end supply chain planning. In 2021, the Vanguard Predictive Planning platform was ranked as a leader in Supply Chain Planning by Nucleus Research and received an honorable mention from Gartner.
Vanguard Software revenues derive from subscription-based cloud software (averaging approximately 55% of total revenues in recent years) and software-related professional implementation and consulting services. The company recorded total revenues of $7.2 million in 2020 (un-audited). While the COVID-19 pandemic c
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