Mergers & Acquisitions

Mergers & Acquisitions

August 15, 2011

Pilat HR Solutions Completes Acquisition of ITCOM Information Systems

Pilat HR Solutions, a premier provider of human capital management technology and professional services, has successfully acquired ITCOM Information Systems, Ltd., an Israel-based Information Systems consulting, accompaniment and implementation company.

This acquisition will help Pilat HR Solutions expand its extensive human capital management offerings and provide its employers cutting-edge customer relationship management and business intelligence solutions and expertise.

ITCOM, with specialization in enterprise resource planning, customer relationship management, business process outsourcing and business intelligence, helps clients reach overarching business goals using quality data and metrics.

"The most successful companies employ sophisticated datasets to analyze issues, identify cause and effects, validate processes, and benchmark performance. Pilat has been passionately working with organizations to measure people, processes, culture, cause and effect, and resources and risk exposures, enhancing the quality of their business data and its use to meet business demands," commented Clinton Wingrove, executive vice president and principal consultant, Pilat HR Solutions, in a press release.

"With the strategic acquisition of leading CRM and BI solutions provider, ITCOM, our customers will be further enabled with the necessary intelligence to make well-informed and defensible decisions."

Company officials said that the client-specific software solutions of Pilat HR Solutions are delivered via in-house and SaaS models using the company's HR Pulse (News - Alert) Application Development Platform.

Not only the HR Pulse offers an open migration path to legacy HCM systems but also allows clients to make changes that address their fluctuating business requirements.

Pilat, with this acquisition, has been successful in strengthening its commitment to providing customers world-wide with streamlined systems and actionable data.

In related news, Pilat HR Solutions, a premier provider of human capital management technology and professional services, has announced details of its slate of new investors and appointments.

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Deepika Mala is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.

Edited by Rich Steeves

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