Skip to content
Search AI Powered

Latest Stories

Epicor acquires enterprise software startup Kyklo

Move will advance development of AI-driven, cognitive ERP, Epicor says.

kyklo Screenshot 2024-06-12 at 1.22.22 PM.png

Enterprise software vendor Epicor today said it has acquired acquired Kyklo, a nine-year-old, Buffalo, New York, company that provides product information management (PIM) and lead generation solutions to drive sales for manufacturers and distributors.

Financial terms of the deal were not disclosed. But the move follows another recent acquisition, made in May when Austin, Texas-based Epicor bought Smart Software, a provider of cloud-based, AI-driven inventory planning and optimization (IP&O) applications.


The latest deal is intended to accelerate the development of Epicor’s AI-driven, cognitive enterprise resource planning (ERP) software, which the company says transforms traditional ERP from a system of record to a system of insight and action.

“Our customers across the make, move, and sell industries increasingly need to reach more prospects across more channels, with a relevant, accurate, content-rich digital experience that drives brand loyalty and repeat business,” Epicor CEO Steve Murphy said in a release. “Our acquisition of KYKLO furthers our aim to be the essential partner to the world’s most essential businesses, empowering them with purpose-built digital capabilities to meet their buyers’ needs whatever, and wherever, they may be.”

With Kyklo, Epicor customers can more easily create, manage, and deploy product information such as content, price, and inventory across multiple channels to generate qualified leads and revenue. Kyklo also supports collaboration with suppliers for real-time, accurate, and complete product content, and use of product discovery tools that strengthen e-commerce strategies to drive sales, the companies said.


 

 

 

 

 

 

The Latest

More Stories

Cover image for the white paper, "The threat of resiliency and sustainability in global supply chain management: expectations for 2025."

CSCMP releases new white paper looking at potential supply chain impact of incoming Trump administration

Donald Trump has been clear that he plans to hit the ground running after his inauguration on January 20, launching ambitious plans that could have significant repercussions for global supply chains.

With a new white paper—"The threat of resiliency and sustainability in global supply chain management: Expectations for 2025”—the Council of Supply Chain Management Professionals (CSCMP) seeks to provide some guidance on what companies can expect for the first year of the second Trump Administration.

Keep ReadingShow less

Featured

grocery supply chain workers

ReposiTrak and Upshop link platforms to enable food traceability

ReposiTrak, a global food traceability network operator, will partner with Upshop, a provider of store operations technology for food retailers, to create an end-to-end grocery traceability solution that reaches from the supply chain to the retail store, the firms said today.

The partnership creates a data connection between suppliers and the retail store. It works by integrating Salt Lake City-based ReposiTrak’s network of thousands of suppliers and their traceability shipment data with Austin, Texas-based Upshop’s network of more than 450 retailers and their retail stores.

Keep ReadingShow less
photo of smart AI grocery cart

Instacart rolls its smart carts into grocery retailers across North America

Online grocery technology provider Instacart is rolling out its “Caper Cart” AI-powered smart shopping trollies to a wide range of grocer networks across North America through partnerships with two point-of-sale (POS) providers, the San Francisco company said Monday.

Instacart announced the deals with DUMAC Business Systems, a POS solutions provider for independent grocery and convenience stores, and TRUNO Retail Technology Solutions, a provider that powers over 13,000 retail locations.

Keep ReadingShow less
photo of self driving forklift

Cyngn gains $33 million for its self-driving forklifts

The autonomous forklift vendor Cyngn has raised $33 million in funding to accelerate its growth and proliferate sales of its industrial autonomous vehicles, the Menlo Park, California-based firm said today.

As a publicly traded company, Cyngn raised the money by selling company shares through the financial firm Aegis Capital in three rounds occurring in December. According to forms filed with the U.S. Securities and Exchange Commission (SEC), the move also required moves to reduce corporate spending for three months, including layoffs that reduced staff from approximately 80 people to approximately 60 people, temporarily suspended certain non-essential operations, and reduced or eliminated all discretionary expenses.

Keep ReadingShow less
minority woman with charts of business progress

Study: Inclusive procurement can fuel economic growth

Inclusive procurement practices can fuel economic growth and create jobs worldwide through increased partnerships with small and diverse suppliers, according to a study from the Illinois firm Supplier.io.

The firm’s “2024 Supplier Diversity Economic Impact Report” found that $168 billion spent directly with those suppliers generated a total economic impact of $303 billion. That analysis can help supplier diversity managers and chief procurement officers implement programs that grow diversity spend, improve supply chain competitiveness, and increase brand value, the firm said.

Keep ReadingShow less