Infogix, Inc.
{{Short description|Multinational analytics corporation}}
{{Buzzword|date=July 2019}}
{{Infobox company
| name = Infogix, Inc.
| type = Private Equity
| foundation = {{start date and age|1982}}
| founder = Madhavan K. Nayar
| location = Naperville, Illinois, U.S.
| area_served = United States
| key_people = Early Stephens
(President and CEO)
| industry = Information Technology (Information Management Solutions{{buzzword inline|date=June 2019}})
| products =
| num_employees = 455 (August 2014)
| homepage = {{URL|http://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.{{cite news|last1=Lazauskas|first1=Joe|title=Drowning In Data? Invest In Storage|url=https://www.forbes.com/sites/centurylink/2014/06/24/drowning-in-data-invest-in-storage/|work=Forbes|date=2014-06-24|ref=1}}{{cite news|last1=Weaver|first1=Christopher|last2=Ovide|first2=Shira|last3=Radnofsky|first3=Louise|title=Software, Design Defects Cripple Health-Care Website|url=https://www.wsj.com/news/articles/SB10001424052702304441404579119740283413018|date=2013-10-06|ref=2}} The company is based in the United States with headquarters in Naperville, Illinois{{cite news|last1=Pofeldt|first1=Elaine|title=3 ways to minimiz holiday returns without losing customers|url=http://www.creditcards.com/credit-card-news/small_business-minimize-retail-returns-1275.php|work=creditcards.com|date=2013-12-19|ref=5}}{{cite news|last1=Coffee|first1=Melanie|title=Waiting Room|url=http://www.kellogg.northwestern.edu/kwo/spr14/features/waiting_room.htm|work=Kellogg Magazine|date=2014|ref=4}} and primarily serves clients in the healthcare, financial services, property and casualty insurance, telecommunications and retail industries.{{cite web|title=Infogix About Us|url=http://www.infogix.com/about-us/|website=Infogix About Us|ref=5}}
The enterprise was founded by Madhavan K. Nayar in 1982 as Unitech Systems, Inc.{{cite news|last1=Group|first1=Gale|title=Infogix, Inc. Reflects on Past, Present and Future|url=http://www.thefreelibrary.com/Infogix,+Inc.+Reflects+on+Past,+Present+and+Future.-a0158402936|work=Business Wire|date=2007|ref=6}} The company began to work on automated data controls software. In 2005, Unitech Systems was renamed Infogix {{cite web|title=Unitech Systems, Inc. Changes Name to Infogix, Inc.|url=http://www.infogix.com/pages/news/press_release_files/20051010.aspx|website=Infogix|accessdate=2005-10-10|ref=8|archive-url=https://web.archive.org/web/20140819084604/http://www.infogix.com/pages/news/press_release_files/20051010.aspx|archive-date=2014-08-19|url-status=dead}} after growing to represent many companies in the Fortune 100 {{cite news|title=Company overview of Infogix, Inc.|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=4398744|archive-url=https://web.archive.org/web/20100523191723/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=4398744|url-status=dead|archive-date=May 23, 2010|work=Bloomberg Businessweek|date=2014|ref=9}} 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.{{cite web|title=H.I.G. Capital Completes Recapitalization of Infogix|url=http://higcapital.com/news/release/10|website=H.I.G. Capital|accessdate=2012-06-04|ref=10}}{{cite news|title=H.I.G. Buys Infogix in $75M-$150M Deal|url=http://pevc.dowjones.com/article?an=DJFLBO0020120601e861pivd9&from=NL&pid=15&ReturnUrl=http%3a%2f%2fpevc.dowjones.com%2farticle%3fan%3dDJFLBO0020120601e861pivd9%26from%3dNL%26pid%3d15|work=Dow Jones: Private Equity and Venture Capital|date=2012-06-01|ref=11}} On January 10, 2014, both Infogix and H.I.G. publicly announced a completed acquisition of Agilis International, Inc., a provider of predictive customer and operational analytics.{{cite news|title=Infogix Acquires Agilis International, Combines Data Integrity with Data Analytics|url=https://finance.yahoo.com/news/infogix-acquires-agilis-international-combines-141500249.html|work=Yahoo! Finance|date=2014-01-13|ref=12}}{{cite news|title=Infogix Completes Acquisition of Agilis International|url=https://www.reuters.com/article/2014/01/10/fl-hig-capital-idUSnBw105216a+100+BSW20140110|archive-url=https://web.archive.org/web/20140819084244/http://www.reuters.com/article/2014/01/10/fl-hig-capital-idUSnBw105216a+100+BSW20140110|url-status=dead|archive-date=2014-08-19|work=Reuters|date=2014-01-10|ref=13}}{{cite news|last1=Morrell|first1=Jennifer|title=Infogix Acquires Agilis International: Infogix to extend operational data controls capabilities, provide value to customers|url=http://www.insurancenetworking.com/news/infogix-acquires-agilis-international-33667-1.html|work=Insurance Networking News|date=2014-01-13|ref=14}}
In 2016, H.I.G. Capital sold Infogix to Thoma Bravo.{{cite web|last1=Dorbian|first1=Iris|title=H.I.G. sells Infogix to Thoma Bravo|url=https://www.pehub.com/2016/01/h-i-g-sells-infogix-to-thoma-bravo/|publisher=PE HUB Network|accessdate=5 July 2017|date=5 January 2016}}
In 2018, Infogix has acquired DATUM.{{Cite web|title=Infogix acquires DATUM|url=https://www.prweb.com/releases/infogix-acquires-datum-874001535.html|last=|first=|date=|website=Cision PRWeb|access-date=15 May 2020}}
History
Infogix was 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. 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.{{cite web|title=Unitech Systems, Inc. Changes Name to Infogix, Inc.|url=http://www.thefreelibrary.com/Unitech+Systems,+Inc.+Changes+Name+to+Infogix,+Inc.-a0137366577|website=The Free Library|ref=15}}
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{{buzzword inline|date=June 2019}} 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{{buzzword inline|date=June 2019}} across the enterprise led the company to introduce its Business Operations Management solution.{{buzzword inline|date=June 2019}}
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).
On June 1, 2012, Infogix announced that H.I.G. Capital had recapitalized the business.
Infogix announced its acquisition of Agilis International, a provider of advanced analytics solutions{{buzzword inline|date=June 2019}}, on January 9, 2014.{{cite news|last1=Primack|first1=Dan|title=Private Equity Deals|url=http://fortune.com/2014/01/10/deals-of-the-day-9/|work=Fortune Magazine|date=2014-01-01|ref=16}} Founded in 2003 in Rockville, MD, Agilis currently operates as a division of Infogix.
In 2021, Infogix was acquired by Precisely Software Incorporated.{{Cite web|url=https://www.precisely.com/about-us/infogix-is-now-part-of-precisely|title = Infogix is now part of Precisely, bringing its Data360 products}}