Descartes Acquisition of Compudata Creates European Best-of-Breed in B2B, Heralds Industry Trend
- July 21st, 2014
- By: Scott Robinson
Descartes’ recent acquisition of supply chain integrator Compudata underscores the efficiencies that B2B integration have brought to European business, and the effectiveness that consolidation of services offers in the rapidly-evolving global marketplace.
Descartes’ industry position as a global leader in B2B logistics was an effective match with Compudata’s excellence in e-invoicing and experience in international trade.
“Compudata has set the standard…for superior B2B supply chain integration services,” said Compudata CEO Patrick Maeder, while Descartes “is establishing itself as the global network for communities collaborating on logistics and supply chain processes,” according to Descartes CEO Edward Ryan. The union brought 500 Compudata customers over to Descartes’ Global Logistics Network (most in Switzerland), including many retailers and suppliers.
Within the supply chain industry, Descartes’ expansion efforts are an example of a supply chain operating network, bringing data exchange, logistics, supply chain management and financials under one roof, with the addition of recent innovations such as enhanced analytics and the leveraging of social networking.
Descartes has also acquired Impatex Freight Software Limited, a British customs filing and freight forwarding service provider, as part of its expansion.