Trace3 Buys to Boost Data and Analytics Business

Irvine, CA-based tech services firm Trace3 has acquired Midwest consulting and analytics company Tail Wind Informatics, based in Minnetonka, MN, for an undisclosed sum.

Tail Wind employs experts in business intelligence, cloud analytics, data and information management, helping its clients to turn customer data into actionable insights.

Trace3, led by CEO Rich Fennessy, helps clients integrate and run convergent solutions across data, security and the cloud, and includes a growing Data & Analytics business, which Tail Wind will join. Both companies boast a cross-sector client base and are Microsoft and Snowflake partners.

Fennessy comments: 'With the addition of Tail Wind, we are doubling down on our belief that data and data strategy are key to delivering transformative business value for our clients. To optimize for AI, our clients must first harness their data. Then, empowered by data-driven decision-making, AI and automation can create new opportunities for business growth and competitive advantage'.

According to Cory Nelson, Tail Wind President and founder, the two firms 'see the world very similarly from a data perspective'. He continues: 'That, and a strong focus on client service backed by a healthy team culture, made the decision to be a part of Trace3 feel very natural. The Tail Wind team is excited about the new capabilities we can now bring to market, and we are eager to work with our new Trace3 colleagues to deliver a full stack of data-centric solutions for our clients'.

The companies are online at www.trace3.com and www.tailwindbi.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.