As I was mulling over the sequence of events leading up to today’s announcement, I realized that this was the first acquisition Lawson has done since the broad adoption of social networking and thought that various analysts and pundits would be having their say about our decision to acquire Enwisen. Then I realized that I could put the first commentary out there and see what the blogsphere thinks about our decision – so here it goes.
I am enthusiastic about what this deal means for Lawson HCM. Not only does it add a suite of high growth products to our portfolio, but it also brings some superior talent into the company to help us drive forward our overall strategy, and that’s always a good thing. This deal will allow us to add new products to our core offerings in the areas of Onboarding and Total Rewards, and customers will be able to leverage these solutions on top of whatever other Lawson products they might be using from us.
But more importantly, the acquisition opens up an entirely new segment of the market to Lawson HCM: HR Service Delivery. The functionality will give organizations the ability to transform the way they deliver HR services and in combination with our Workforce Management, Human Resource and Talent Management systems allow us to deliver a market-leading product footprint to our customers. The Portal and Knowledge Base products that Enwisen has built are second-to-none, and they really deliver on the promise that stakeholders (employees, managers, HR generalists) can find information they need in two clicks or less. And the call center applications make it possible for HR departments to drive significant cost out of the service delivery model while materially improving delivery quality to everyone involved.
Something that made this deal unique was the fact that we have been a reseller of Enwisen’s products for about 3 years. So we have firsthand experience with their products, have already built the necessary technology so that they work together with ours and know that our customers love their stuff. In fact, I had gotten a bit tired of employees and customers suggestion that we buy the company!
We are pleased to welcome Enwisen’s 250+ customers to the Lawson community and will continue to serve the markets Enwisen has supported for many years. We hope to significantly accelerate the growth of the customer base by even more attention to our existing markets – particularly our strong verticals in public sector and healthcare.
Last, and definitely not least – a thank you to the people of Enwisen. It’s always exciting and challenging to sell your company, and I know that the people selling it matter. So I am always humbled when folks that have worked as hard as these individuals have look you in the eye and say, ‘yes, we want to sell you our company.’ Congratulations and thanks to all of the employees at Enwisen and particularly CEO Wally Smith, President DJ Chhabra, Marketing Chief Barbara Levin, and CFO John McLaughlin. We thank you for your trust and confidence, and look forward to Enwisen’s bright future as a Lawson company.
Watch my LWSN-TV interview.