Wellesley Information Services (WIS) Company Profile

Background

Overview

Wellesley Information Services (WIS) is a leading independent provider of information and education for professionals involved in deploying, managing, supporting, configuring, and customizing SAP solutions. Established in 1991, WIS has grown to serve over 250,000 customers across more than 100 countries. The company offers a diverse array of resources tailored to the needs of business and IT professionals worldwide.

Mission and Vision

WIS's mission is to empower enterprise technology professionals by providing high-quality, actionable content and fostering a global community that facilitates knowledge sharing and professional development. The company's vision is to be the premier resource for SAP and IBM training and education, delivering award-winning content that is relevant, practical, and unique.

Primary Area of Focus

WIS specializes in SAP solutions, offering resources such as print journals, magazines, electronic knowledgebases, online communities, conferences, seminars, and books. Their flagship publication, SAPinsider, serves as a comprehensive source of information for SAP professionals.

Industry Significance

As a leading provider of SAP-related content and education, WIS plays a crucial role in supporting the SAP user community by delivering insights, best practices, and training that enhance the effectiveness of SAP implementations globally.

Key Strategic Focus

Core Objectives

Content Excellence: Deliver high-quality, actionable content that addresses the evolving needs of SAP professionals.

Community Engagement: Foster a vibrant global community that facilitates knowledge sharing and professional development.

Innovation: Continuously innovate in content delivery and educational resources to stay ahead of industry trends.

Specific Areas of Specialization

SAP Training and Education: Providing comprehensive training programs and educational materials for SAP users.

Market Research: Conducting in-depth research to offer insights into SAP technologies and best practices.

Event Management: Organizing conferences, seminars, and webinars that bring together SAP professionals and experts.

Key Technologies Utilized

Digital Publishing Platforms: Utilizing advanced platforms for content creation and distribution.

Data Analytics Tools: Employing analytics to understand user engagement and content effectiveness.

Event Management Software: Leveraging specialized software to plan and execute events efficiently.

Primary Markets Targeted

Enterprise Technology Professionals: Individuals involved in the deployment and management of SAP solutions.

SAP Solution Providers: Companies offering SAP-related products and services.

Global SAP User Community: A diverse group of professionals seeking to enhance their SAP expertise.

Financials and Funding

Funding History

In November 2018, WIS was acquired by JAZ'D! Advisors Investment Corporation, led by industry veteran Jamie Bedard. This acquisition included a significant investment aimed at spurring long-term growth and innovation.

Total Funds Raised

Specific details regarding the total funds raised by WIS are not publicly disclosed.

Notable Investors

JAZ'D! Advisors Investment Corporation: Led by Jamie Bedard, this corporation acquired WIS in 2018, providing substantial investment to support the company's growth and innovation initiatives.

Intended Utilization of Capital

The capital from the acquisition was earmarked to:

Expand Content Offerings: Develop new educational materials and resources for SAP professionals.

Enhance Community Engagement: Strengthen the global SAP user community through events and interactive platforms.

Drive Technological Innovation: Invest in advanced technologies to improve content delivery and user experience.

Pipeline Development

Key Pipeline Candidates

WIS's pipeline includes:

SAPinsider Events: Ongoing conferences and seminars that provide SAP professionals with the latest insights and networking opportunities.

SAP PRESS Publications: A series of books covering various SAP topics, authored by experts in the field.

Stages of Development

Content Creation: Ongoing development of new publications and educational materials.

Event Planning: Organizing upcoming conferences and seminars to address current industry trends.

Target Conditions

The primary focus is on enhancing the skills and knowledge of SAP professionals to improve their effectiveness in deploying and managing SAP solutions.

Relevant Timelines

Specific timelines for upcoming events and publications are typically announced on WIS's official channels.

Technological Platform and Innovation

Proprietary Technologies

Digital Publishing Platforms: WIS utilizes advanced platforms for creating and distributing content, ensuring accessibility and engagement for a global audience.

Significant Scientific Methods

Data Analytics: Employing analytics to assess content effectiveness and user engagement, allowing for data-driven decision-making.

Leadership Team

Executive Profiles

Jamie Bedard: President and CEO of WIS. Prior to joining WIS, Mr. Bedard successfully turned around analyst firm Aberdeen Group and was also Founder and CEO for JAZ'D! Markets and Global CEO of Reputation Institute.

Key Contributions

Strategic Growth: Under Mr. Bedard's leadership, WIS has focused on expanding its content offerings and enhancing community engagement.

Innovation: Driving technological advancements to improve content delivery and user experience.

Competitor Profile

Market Insights and Dynamics

The enterprise software education and market research sector is characterized by rapid technological advancements and a growing demand for specialized knowledge. Professionals seek up-to-date information and training to effectively implement and manage enterprise solutions.

Competitor Analysis

TerraSond: Provides geospatial data collection and analysis services, serving a different niche within the technology sector.

PMO Global Alliance: Focuses on project management standards and certifications, catering to a broader audience beyond enterprise software.

Aerospace Systems Design Laboratory: Specializes in aerospace systems engineering, not directly competing in the enterprise software education space.

Strategic Collaborations and Partnerships

WIS collaborates with SAP and other industry leaders to ensure the relevance and quality of its content and events.

Operational Insights

WIS differentiates itself through its deep focus on SAP solutions, offering specialized content and events that cater specifically to SAP professionals.

Strategic Opportunities and Future Directions

Strategic Roadmap

Content Expansion: Developing new educational materials to cover emerging SAP technologies and industry trends.

Global Community Building: Enhancing online platforms to foster a more interactive and engaged SAP user community.

Technological Innovation: Investing in AI and machine learning to personalize content delivery and improve user experience.

Future Business Directions

WIS aims to solidify its position as the leading resource for SAP professionals by continuously evolving its offerings and embracing new technologies.

Opportunities for Expansion

Geographic Reach: Expanding events and content to new international markets.

Product Diversification: Introducing new services such as online courses and certification programs.

Positioning for Future Objectives

WIS's strong foundation in SAP education and its commitment to innovation position it well to achieve its future objectives and continue serving the SAP professional community effectively.