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While business software can be highly lucrative, it's tough to build critical mass. Look at RedPrairie. The company got its start about 35 years ago. But it is not until now that the company has filed to go public. The offering should hit the markets in the first quarter of next year.
The main focus for RedPrairie is helping companies boost productivity, such as with sophisticated systems to forecast consumer demand. This is done by improving visibility on logistics, inventory and personnel. It also helps that RedPrairie has extensive domain expertise in complex areas like international business and regulatory requirements.
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