IHS Builds Environmental Software Powerhouse
Published: 28 October 2009
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Executive Summary
On September 17, 2009, the $844 million annual revenue information services firm IHS, announced it had acquired Environmental Support Solutions (ESS) for $59 million. This deal follows on the heels of the acquisitions of EnvironMax, Dolphin Software and Environmental Software Providers (ESP) in 2007 and 2008. To hear more about the rationale for the deal and future plans, Verdantix spoke with the IHS VP Environment, Scott Lockhart. The acquisition gives IHS significant market share, better global capabilities and deeper domain expertise with a pool of 400 employees. To make progress with organic growth, IHS will need to launch a software-as-a-service (SaaS) offering for environmental management. This will meet the needs of customers looking for lower cost, more energy efficient, more flexible and more configurable solutions.
TABLE OF CONTENTS
IHS CONTINUES WITH ITS AGGRESSIVE ROLL-UP STRATEGY
IHS Buys Market Share, Global Capabilities And Domain Expertise
IHS Need To Launch A SaaS Environmental Management Solution
Companies Mentioned
CA, Carbon Hub, China Light & Power, Dolphin Software, Enablon, Enviance, EnvironMax, ESP, ESS, Hara, IHS, PetroChina, ProcessMAP, SAP, Tesco.