The m: access-listed CPU software house has agreed on a collaboration with IBM for its controlling software solution CPU Value Mirror. The cooperation agreement makes CPU an “IBM Silver Business Partner”, according to the Augsburg company. “As a first further development step, the CPU has expanded its“ Value Mirror ”banking software solution to include parts of the IBM Business Intelligence (BI) solution“ Planning Analytics ”. The next step will be the integration of artificial intelligence (AI) in “Value Mirror” ”, the company said on Monday.
Financial details of the agreement are not given.
“With the expansion of our banking software to include the IBM BI solution, we are providing future-oriented banks with a lean, cost-effective and quickly integrated controlling solution. The already planned addition of AI functions ensures the sustainability of their investments for the banks ”, so CPU boss Roger Heinz. Business in Switzerland will play a role in the expected organic growth. The partnership with the IBM group is intended to advance business here. Switzerland will be an attractive market in the coming years, said Heinz recently at the m: access conference.