Infogix, Inc.

Infogix, Inc.
Private Equity, H.I.G. Capital
Industry Information Technology (Information Management Solutions)
Founded 1982
Headquarters Naperville, Illinois, U.S.
Key people
 Sumit Nijhawan
(President and CEO)
Number of employees
 455 (August 2014)
Website www.infogix.com

Infogix, Inc. is a multinational data controls and analytics software company for businesses to manage, analyze and monitor their data for business operations.[1][2] The company is based in the United States with headquarters in Naperville, Illinois [3][4] and primarily serves clients in the healthcare, financial services, property and casualty insurance, telecommunications and retail industries.[5]

The enterprise was originally founded by Madhaven K. Nayar in 1982 as Unitech Systems, Inc.[5][6] The company began to work on automated data controls software. In 2005, Unitech Systems was renamed Infogix [7] after growing to represent many companies in the Fortune 100 [8] and Global 2000 economy including Wells Fargo, Target, Progressive Insurance and Verizon Wireless.

Infogix has undergone multiple organizational changes since its inception. On June 1, 2012, Infogix announced H.I.G. Capital, a global private equity firm, had recapitalized the business.[9][10] On January 10, 2014, both Infogix and H.I.G. publically announced a completed acquisition of Agilis International, Inc., a provider of predictive customer and operational analytics.[11][12][13]

History

Infogix was originally founded in 1982 as Unitech Systems, Inc. with a focus on creating continuous, automated controls software for the mainframe to assist with large amounts of balance and reconciliation.[6] In the early 2000s Unitech Systems began extending its offerings and launching distributed products and the company changed its name to Infogix, Inc. in 2005.[14] The name Infogix was chosen based on the concept of the focal point where information, logic and exchange meet. With the new name came a new company logo. The gold checkmark in the current logo represents the company reaching to achieve the gold standard, and the equal symbol is a reference to the reconciliation technology that started the company in 1982. Infogix introduced its Business Operations Management solution in 2012 based on feedback from some of its largest customers. The company had successfully worked with IT and finance departments for 30 years, but organizations were sharing stories of successfully using Infogix products in other areas of the business, as well. Use of the software solution across the enterprise led the company to introduce its Business Operations Management solution. Infogix’ current offerings include their Controls Suite (Infogix Assure, ACR/Summary, ACR/Detail, Infogix ER); Visibility Suite (Infogix Insight, Infogix Nexix and Nexix Mobile, Infogix Perceive); and Analytics Suite (RevMind, NetMind, DataMind).[8] On June 1, 2012, Infogix announced that H.I.G. Capital had recapitalized the business.[10] Infogix announced its acquisition of Agilis International, a provider of advanced analytics solutions, on January 9, 2014.[15] Founded in 2003 in Rockville, MD, Agilis currently operates as a division of Infogix.

Corporate Leadership

References

  1. ↑ Lazauskas, Joe (2014-06-24). "Drowning In Data? Invest In Storage". Forbes.
  2. ↑ Weaver, Christopher; Ovide, Shira; Radnofsky, Louise (2013-10-06). "Software, Design Defects Cripple Health-Care Website".
  3. ↑ Pofeldt, Elaine (2013-12-19). "3 ways to minimiz holiday returns without losing customers". creditcards.com.
  4. ↑ Coffee, Melanie (2014). "Waiting Room". Kellogg Magazine.
  5. ↑ 5.0 5.1 "Infogix About Us". Infogix About Us.
  6. ↑ 6.0 6.1 Group, Gale (2007). "Infogix, Inc. Reflects on Past, Present and Future". Business Wire.
  7. ↑ "Unitech Systems, Inc. Changes Name to Infogix, Inc.". Infogix. Retrieved 2005-10-10.
  8. ↑ 8.0 8.1 "Company overview of Infogix, Inc.". Bloomberg Businessweek. 2014.
  9. ↑ "H.I.G. Capital Completes Recapitalization of Infogix". H.I.G. Capital. Retrieved 2012-06-04.
  10. ↑ 10.0 10.1 "H.I.G. Buys Infogix in $75M-$150M Deal". Dow Jones: Private Equity and Venture Capital. 2012-06-01.
  11. ↑ "Infogix Acquires Agilis International, Combines Data Integrity with Data Analytics". Yahoo! Finance. 2014-01-13.
  12. ↑ "Infogix Completes Acquisition of Agilis International". Reuters. 2014-01-10.
  13. ↑ Morrell, Jennifer (2014-01-13). "Infogix Acquires Agilis International: Infogix to extend operational data controls capabilities, provide value to customers". Insurance Networking News.
  14. ↑ "Unitech Systems, Inc. Changes Name to Infogix, Inc.". The Free Library.
  15. ↑ Primack, Dan (2014-01-01). "Private Equity Deals". Fortune Magazine.