A Japanese business intelligence and analytics firm has bought out Melbourne-based software company Space-Time research, speeding up a deal to deliver data analytics to the Australian market.

WinArc1st has more than 6000 customers in Japan. It is also responsible for MotionBoard, which the company describes as a real-time, cloud-based business intelligence dashboard that can help customers make accurate decisions.

Space-Time Research has been in Australia for 30 years. It has delivered data analytics tools to both local and global government and statistics agencies. The company specialises in self-service solutions for dissemination for official statistics.

WingArc1st will apply Space-Time Research's data analytics and knowledge to its new position in the Australian market and for further global expansion.

“Our mission is to deliver true data empowerment by enabling organisations to make effective data-driven decisions. We are excited to be working with the team from Space-Time Research and believe this strategic acquisition strongly positions us to deliver a new standard in BI solutions to customers across Australia and beyond,” explains Hiroyuki Uchino, WingArc1st president and CEO.

WingArc1st describes MotionBoard as a data platform that consolidates data and reveals business insights by using internal, external and Internet of Things data.

Space-Time Research CEO Steven Hulse is pleased with the deal, calling it a win-win situation.

Our experience in the world of government and statistical data makes for a natural complementary fit with WingArc1st's solutions for the corporate BI sector,” he says.

Our existing customers will get the same service as always, but now with the backing of WingArc1st's resources and development team we will be better equipped than ever before to deliver innovative data solutions for both government and private enterprises,” Hulse concludes.