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Targit (company)

Danish software

Field	Value
name	TARGIT A/S
type	Aktieselskab
predecessor	Sandlykke/Leifsgaard
foundation	May 1986
location_city	Aalborg, North Jutland
location_country	Denmark
area_served	Worldwide
key_people	Jakob H. Kraglund;(CEO)
Tommy Jensen;(CTO)
Kim Mortensen;(CCO)
Lise Luckow;(CMO)
Joachim Selchau Majlund;(CFO)
industry	Business Intelligence
Software
revenue	$ 21 million (2012)
num_employees	75 (2021)
subsid	TARGIT US Inc.
homepage	www.targit.com

Note

the Danish business intelligence developer

Tommy Jensen;(CTO) Kim Mortensen;(CCO) Lise Luckow;(CMO) Joachim Selchau Majlund;(CFO) Software

TARGIT A/S is a Danish business intelligence (BI) and analytics software developer based in Aalborg, Denmark, with American subsidiary TARGIT US Inc., based in Tampa, as well as international offices.

History

TARGIT was founded in 1986 by Morten Sandlykke and Søren Leifsgård under the name Sandlykke & Leifsgård. The company initially sold computers and related hardware and provided business operations software to retail and oil businesses.

In 1996, Sandlykke and Leifsgård acquired Morton Systems, led by Morten Middelfart. Following the acquisition, Middelfart became TARGIT's CTO, and the company began developing business intelligence (BI) tools. Middelfart was pivotal in the company's decision to purchase PALM—a BI software product designed in the US that served as the forerunner to the TARGIT Decision Suite solution.

In 1999, the trio sold the hardware-focused side of the organization and rebranded their remaining business as TARGIT, a BI and analytics company. In the early 2000s, TARGIT expanded from its headquarters in Aalborg, Denmark, opening a second office in Copenhagen and two US offices in Tampa, Florida, and Dublin, Ohio, respectively. The company also has an office in Belgium and external employees in Belarus, Croatia, and Poland.

In 2017, TARGIT became part of the private equity fund GRO Capital, and Director and Founder Morten Sandlykke stepped down from the executive team.

Jakob H. Kraglund became TARGIT’s CEO in 2020 and has since focused on developed tailored BI software for several core industries (heavy equipment, automotive, convenience stores, and the public sector). TARGIT collaborates with OEMs and consulting partners in these industries to create software solutions for various customers.

Decision Suite

TARGIT Decision Suite is a BI and analytics platform that, according to TARGIT, "helps companies integrate, analyze, and share data from multiple sources via reports and digital dashboards."

The first version of TARGIT Decision Suite dates back to 1996, when TARGIT acquired Morton Systems. CTO Morten Middelfart developed Decision Suite around the concept of the OODA Decision Loop (Observe, Orient, Decide, and Act) and his own CALM philosophy (Computer Aided Leadership & Management).

References

"Continued growth in business software".
(2010-12-15). "Dansk it-direktør får sin anden ph.d. - om algoritmer".
(2005-03-01). "CALM: Computer Aided Leadership & Management".

Info: Wikipedia Source

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