As a result of the transaction, Matthew Krudop will assume the CEO role with direct responsibility for overall Business and Technical Strategy, Client Management and Business Development. Matt Caston will join the firm as a Managing Partner and COO supporting the CEO and overseeing the Financial, Marketing and Sales Operations of the firm. Terms of the deal were not disclosed but the substantial investment provides Decisive BI with added financial and operational strength to expand its existing ManagedBI℠ service, hire additional engineering resources and accelerate sales and marketing efforts.
"This is both an exciting time for Decisive BI and the industry as a whole. We’re seeing tremendous growth in Hosted and Managed BI. With this investment we will now be in a position to capitalize on that opportunity by adding to our existing ManagedBI℠ solutions,”
“Matt Krudop has an incredible reputation in the BI space and has done a fantastic job building out the offerings, taking care of existing clients and positioning the company for further growth,” commented Matt Caston, DecisiveBI’s COO. “In speaking with DecisiveBI’s existing clients, it’s clear that DecisiveBI is solving critical business issues for them – specifically - how to securely, rapidly, and cost effectively make enterprise data usable and available to end-users.”
About Decisive BI, LLC
Founded in early 2010, DecisiveBI provides the services and hosting infrastructure necessary to cost-effectively design and deploy sales, revenue and profit enhancing Business Intelligence initiatives. Decisive BI was founded to address 4 main client challenges:
• Enterprise BI software is too complex and costly
• Data integration complexity is understated
• Desktop solutions are not extensible or scalable
• Departments & SMBs are underserved
ManagedBI℠ by DecisiveBI allows our clients to rapidly deploy enterprise class Business Intelligence capabilities across the enterprise or departmentally, with little to no up-front capital and professional services expenditures.
• Managed Data Integration Services
• Hosted high-performance database
• Secure Portal access to BI tools.
• Dynamic Analysis Engine
• Interactive Reporting
• On Demand Support & Enhancement
About Matthew Caston
Matt Caston is an independent investor and advisor with close to 15 years of technology, software and consulting experience. Matt has helped start-ups start (Director at Meta Security Group); mid-cap’s build and launch new Services and Practices (Senior Principal at CGI, Inc.); and managed and grown major business lines for public companies (Global Vice President at CA, Technologies Inc.)
Info@DecisiveBI.com | http://www.DecisiveBI.com | 312.857.5003 | 200 S. Wacker Driver, Suite 1500 Chicago IL 60606
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Founded in early 2010, DecisiveBI provides the services and hosting infrastructure necessary to cost-effectively design and deploy sales, revenue and profit enhancing Business Intelligence initiatives.