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Amobee Launches Sales Accelerator Solution, Powered by Oracle Data Cloud

Amobee’s Sales Accelerator Solution, Powered by Oracle Data Cloud, Would Help CPG Marketers Measure Offline Sales Impact of Campaigns in Progress

Amobee, a leading global digital marketing technology company serving brands and agencies, announced its revolutionary Sales Accelerator solution, powered by Oracle Data Cloud. The data connector enables consumer packaged goods (CPG) clients—including early adopter Del Monte Foods, Inc.—to connect digital ad impressions to offline purchase data while a campaign is still running, so marketers can optimize in-flight online advertising campaigns to more effectively reach consumers and drive sales.

Oracle Data Cloud helps the world’s leading marketers and publishers deliver better results by reaching the right audiences, measuring the impact of their campaigns and improving their digital strategies. 

With Amobee’s Sales Accelerator, Marketers Can Effectively Reach Their Target Customers and Improve Performance

Brenda Tuohig
Brenda Tuohig

Brenda Tuohig, VP and General Manager at Oracle Data Cloud, said, “Timely information on sales impact is vital for marketers to make the right decisions on digital tactics and resource allocation. We’re proud to work with an innovative company like Amobee and experiment with new and different ways to help marketers more quickly measure how online campaigns are driving offline sales. By optimizing campaigns in flight using sales data, marketers can more effectively reach their target customers and improve performance.”

Oracle Data Cloud provided Amobee with offline transaction data on a weekly basis. Amobee ran the data through its DMP and the ads were served through the Amobee DSP. This gave marketers at Del Monte deep insight into how consumers were interacting with the ads and the ability to optimize the ads across channels, device,  and segments to drive more offline sales. Ultimately, this decreased the cost per purchase by 63 percent and increased the purchase rate by 2.5 times.

Del Monte Foods Used Critical Insights and Context on Consumer Habits

Del Monte Foods, an Amobee first client that was first to utilize Sales Accelerator, piloted programmatic advertising campaigns for its various perishable products. It connected offline to online marketing by optimizing in-flight ads with timely in-store data, giving critical insight and context into consumer habits.

For the vegetable segment, Del Monte Foods saw overall viewability performance increase by six percent with a 225 percent increase in purchase rate against transactions tied directly to campaign impressions among the coveted Millennial demographic. The company also saw that it was converting a younger target audience by using video in a concrete way to drive sales impact.

Jennifer Reiner,
Jennifer Reiner

At the time of this announcement, Jennifer Reiner, Sr. Director Omnichannel Marketing & e-commerce at Del Monte Foods, Inc., said, “Connecting the dots to fully understand the correlation between offline and online sales and how to most effectively reach consumers along their path to purchase has been invaluable for Del Monte.”

Jennifer added, “Amobee and Oracle Data Cloud are cutting-edge collaborators with the foresight to provide this state-of-the-art solution, allowing us to gain insights during the campaign to see immediate, actionable results for in-flight campaign optimization (versus post-campaign) resulting in measurable sales lift and cost efficiencies.”

Access Granular Data Using Amobee’s Sales Accelerator, Powered by Oracle Data Cloud

Amobee’s solution uses offline transaction data from Oracle Data Cloud’s aggregated and anonymized sources like loyalty card programs, allowing CPG brands the ability to integrate offline sales on a weekly basis. With Amobee’s Sales Accelerator, marketers are able to leverage Amobee’s platform to access granular data, allowing them to effectively analyze the impact of top performing audience segments, websites, ad frequency and other tactics on in-store purchases to inform online strategy and optimize campaigns mid-flight.

Get A Unified Solution that Seamlessly Optimizes Active Media Campaigns

Katie Ford, Chief Client Officer, Amobee, said, “Working in concert with Oracle Data Cloud, Amobee is giving CPG brands and agencies a unified, world-class solution to seamlessly optimize active media campaigns mid-flight both programmatically on the open web and via social media channels. Powered by machine learning, business intelligence insights, and analytics, Amobee offers clients deep value, allowing them exclusive access to products and tools to make better, smarter marketing decisions and drive results.”

One of the world’s largest independent advertising platforms, Amobee unifies key programmatic channels including all major social media platforms, formats, and devices, to provide both managed- and self-service clients with easy-to-use data management and media planning capabilities as well as actionable, real-time market research and proprietary audience data.

Simplifying the delivery of advertising across all channels and screens, including video, display, mobile, and social, the platform includes the Amobee DSP, Amobee DMP, Brand Intelligence and DataMine analytics, which converts raw data into a custom audience and campaign insights, empowering marketers to make more informed decisions.

Currently, Oracle Data Cloud operates the world’s largest audience data marketplace. Leveraging more than $5T in consumer transaction data, 5+ billion global IDs, and 1,500+ data partners, Oracle Data Cloud connects more than two billion consumers around the world across their devices each month. Oracle Data Cloud is made up of AddThis, BlueKai, Crosswise, Datalogix, and Moat.

Digital Platform Joomag Expands Operations into China

China’s Booming Tech Sector Prompts Expansion of Award-Winning Digital Platform Joomag

Joomag — the all-in-one digital platform complete with integrated content marketing, digital publishing, corporate communications, and sales engagement solutions — is expanding its operations into China, the company announced recently.

Headquartered in Silicon Valley, Joomag features a unique, SaaS-based platform coupled with its flagship Crater Editor. The interactive content creation tool is used by more than 500,000 businesses worldwide to create, distribute, track, and monetize digital content from a centralized platform, boosting productivity in the process. Joomag has already expanded its services into Europe and the Commonwealth of Independent States, establishing regional offices in Munich and Moscow.

Ruben Vardanyan

“We’ve been eyeing the Chinese market for quite awhile now,” said Ruben Vardanyan, founder and CEO of Joomag. “China’s economy is one of the world’s largest emerging markets and presents a promising opportunity for many international companies. It’s a chance for us to accommodate both Chinese and international businesses. For example, Joomag is a great tool for small and medium-sized Chinese businesses who need help digitizing their marketing, digital publishing, corporate communications, or sales operations. But companies in other international markets can use our platform to globalize their services and reach new Chinese audiences, too. It’s a win-win situation. We’ve taken every step necessary to ensure we comply with all laws and regulations in China. Now, we are ready to go.”

Gevorg Grigoryan

Gevorg Grigoryan, General Manager of Joomag’s newly established office in Shanghai, echoed Vardanyan’s sentiments: “Over 77 million companies operate in China. And with that number increasing every day, it’s en route to becoming a tech superpower that rivals the United States itself. For any growing company with overseas aspirations, China is the ideal destination to expand in. There’s an opportunity here that we simply cannot afford to miss.”

China is the world’s largest eCommerce market, setting benchmarks for current and future global retailing initiatives. With a mobile-first consumer approach, innovative social commerce model, and trusted digital payments infrastructure, the country’s explosive tech market growth has piqued international interest. And for innovative tech companies like Joomag, China’s progress has unearthed entirely new niche markets waiting to be filled. “With Joomag’s innovative sales engagement and content marketing solutions,” says Grigoryan, “Chinese e-marketers can distribute various catalogs and other materials to millions of consumers in an easy-to-use format.”

Currently, Joomag offers comprehensive digital solutions for the following 4 sectors, all of which Vardanyan assures can adapt to the Chinese market:

  1. Digital publishing: Online education, music, and e-books comprise the “Big 3” of China’s digital publishing industry. E-books are the fastest-growing division of online bookstores in China, and with the country forecasted to become the world’s largest digital market by 2018, publishers can leverage Joomag’s platform to create and deliver impactful online content to readers. Joomag offers 3 different EDU plans and services over 10,000 educational institutions worldwide. Publishers are also able to add audio and music files to their interactive content.
  2. Sales engagement: China’s e-commerce sector continuously sees double-digit growth year after year. Consumers are invested and spending confidently, suggesting that consumption will only continue to increase. With Joomag’s built-in analytics, businesses can continue to ameliorate the user experience by mining valuable user insights and identifying pain points. “With content usage data, businesses can quickly resolve customer problems by learning what they do and don’t like,” explains Vardanyan. “Page views, average session durations, link clicks– metrics like these help users fetch insights and optimize web content for more conversions and engagement.”
  3. Corporate communications: According to China Daily, an astonishing 12,000 new companies were registered in China every day in 2015. The boom, attributed to deepened reforms in the business sector, has also left millions of new workers in need of a comprehensive communications platform. With large-scale collaboration and user management tools, Joomag provides a tailored internal communications program, allowing companies to communicate with their employees, the public, and important stakeholders more effectively.
  4. Content marketing: Mass appeal has pressured marketers in China who, in an effort to attract nearly 1.5 billion consumers, are often forced to compromise content quality and longevity. For Vardanyan and the Joomag team, the dilemma was a familiar one. “They’re pressured to create content on a regular basis; we know what that’s like. A handful of our existing clients have worried about diluting their core values and content by trying to appeal to everyone quickly. But our platform prioritizes quality and quantity, meaning users can pump out great online content without sacrificing anything at all. In the long run, our goal is to help businesses promote their services within a more sustainable content marketing framework.”

From imitator to innovator, the tide has undoubtedly turned in China’s favor. Its evolution into a consumer economy has accentuated the country’s new internal-oriented focus. In turn, companies like Joomag seeking to expand abroad and penetrate more markets are establishing international footholds by providing services of value to millions of consumers. For China, then, the future of interactive marketing, sales, publishing, and communications is looking very bright.

WalkMe Launches Growth Edition Solution for SaaS and Web-Based Companies

World’s First AI-Powered Digital Adoption Solution to Accelerate Customer Retention and Growth

WalkMe, the leading digital adoption platform and one of the fastest-growing software companies globally, announced that it has launched WalkMe Growth Edition, an AI-powered solution specifically geared towards customer-centric growth companies. Using WalkMe Growth Edition, SaaS and web-based companies can analyze, predict and take action on user behavior, resulting in greater customer retention and business growth.

WalkMe Growth Edition aggregates hundreds of cues and parameters, allowing companies to predict the intentions and future behaviors of their customers to engage with them at precisely the right moment. WalkMe Growth Edition provides an end-to-end solution for the entire customer lifecycle – from trial conversion, through onboarding, feature adoption, retention and expansion.

WalkMe Growth Edition offers the following industry-leading features:

  • Guidance and engagement tools – Create highly customized and specific step-by-step guidance within any SaaS application or website.
  • Predictive analytics engine – Collect data points in real-time to automatically target specific users with the right message, improving user experience and reducing churn risk.
  • User-session video replays – Access videos of individual users’ sessions within the application, to identify common pitfalls and rectify any issues.
  • Fully integrated solution – Drive proactive action across sales, customer success and support teams by leveraging seamless integrations with Salesforce.com, Gainsight and other platforms.
Rossi Khoung

“As a hyper-growth company, the ability to scale is of utmost importance for our long term success. WalkMe’s robust offering allows us to improve the customer experience and expand beyond our immediate business opportunities,” said Rossi Khoung, Head of Customer Success at Datanyze. “Without sacrificing R&D resources, WalkMe’s technology makes it simple to ensure our customers are seeing value from our product, and proactively handling any customer risk.”

To help high-growth companies take advantage of WalkMe’s vast experience in the Digital Adoption space, WalkMe has created a Center of Excellence, based in Raleigh, North Carolina. WalkMe Growth Edition’s customers will benefit from the dedicated product, sales and customer success teams with best practices on how to enhance the customer experience.

Omer Rabin

“After selling to more than a thousand customers in the SaaS and web ecosystem, we’ve accumulated the deep insights and expertise to help growth companies accelerate time to market, maintain high levels of customer satisfaction, deliver stellar outcomes and ultimately serve as the backbone for continual growth,” said Omer Rabin, Managing Director, WalkMe Growth Edition. “WalkMe Growth Edition continues our goal of providing organizations of all sizes with the deep analytics and insights to improve the customer experience, and surpassing users’ requirements.”

WalkMe Growth Edition is available now. WalkMe will be hosting a webinar with fast-growing health tech company AlayaCare on April 18, 11am PT to discuss how WalkMe Growth Edition can deliver customer experience at scale.

Read More: Personalized Content Experiences Gains Massive Boost with Uberflip’s $32 Million Funding

InsideSales.com Wins Prestigious Service Provider Of The Year Award From AA-ISP

Dave Elkington and Gabe Larsen Named in AA-ISP’s List of 25 Most Influential Sales Professionals

InsideSales.com, the leading artificial intelligence (AI) growth platform for sales, won multiple prestigious awards at the AA-ISP (American Association of Inside Sales Professionals) Digital Sales Leadership Summit in Chicago on Wednesday. The awards recognized InsideSales.com as the top service provider, both CEO Dave Elkington and VP of Growth Gabe Larsen as two of the most influential leaders in the inside sales profession.

Bob Perkins

“Each year, the AA-ISP recognizes those top organizations who are members of our association through a member feedback process. The providers with the most positive and consistent ratings are recognized across a variety of categories, and this year, InsideSales.com topped the list,” said Bob Perkins, Founder& Chairman, AA-ISP.

“The AA-ISP is a global organization that works with many of the top enterprise companies in the world Being recognized by these companies for leading the charge, and delivering real results through our AI-based sales applications, is a big win for our company and customers. We’re honored to serve some of the best sales professionals in the industry, and we commit to maintaining our standards of quality of service and product for the future as well,” said Elkington.

Elkington and Larsen were also nominated by their peers to AA-ISP’s list of 25 Most Influential Inside Sales Professionals for the role they play in advancing the inside sales profession, providing data and best practices to help sales teams sell more.

“Our AI System of Growth leverages trillions of data points from our Neuralytics data set to give us unique insights into sales behaviors across the industry. The InsideSales Labs group, which Gabe leads, has used this data to produce nearly 20 research reports that have been downloaded more than 500,000 times over the years. This free information on sales best practices has helped transform hundreds of businesses in their quest to become world-class inside sales organizations,” added Elkington.

Zilliant Names Phil Fraher As Chief Financial Officer

Phil Fraher Will Lead Zilliant’s Financial Operations and Will Report Directly to Greg Peters

Zilliant, a company helping B2B enterprises turn data into actionable intelligence to accelerate profitable growth, announced that Phil Fraher has joined the company as Chief Financial Officer (CFO). Fraher joins Zilliant from Bask Technologies, where he was President and CFO and helped re-energize the consumer technology firm.

“Phil has an excellent track record advising fast-growth organizations and we’re excited to welcome him to the company. I’m confident his extensive experience in private equity, venture capital, M&A and international business expansion will provide tremendous value to Zilliant,” said Greg Peters, CEO, Zilliant.

“It’s an exciting time to join Zilliant. Zilliant is helping B2B organizations transform their traditional and digital channels to maximize the immediate value of every transaction. In today’s hyper-competitive B2B market, the company is helping their customers create a significant competitive advantage. I look forward to helping the company optimize its financial operations,” said Fraher.

Phil Fraher

Fraher’s experience includes serving as CEO, COO, and CFO for FuelQuest, a fuel supply chain software company, which he guided to a series of successful exits. Other roles include President and CEO of Visual Numerics, Inc., COO and CFO of Brightmail, Inc., and financial management positions at Cahners Business Information Electronic Media Division, Pilot Software, and Dun & Bradstreet. Fraher previously served as an Executive in Residence at the Houston Technology Center and holds an MBA from the Simon School of Business at the University of Rochester and a BS in computing engineering from Auburn University.

Zilliant helps B2B enterprises turn data into actionable intelligence that accelerates profitable growth. The Zilliant IQ Platform uses AI to deliver actionable, real-time sales and pricing intelligence for traditional and digital channels, so you can maximize the immediate value of every transaction – and the lifetime value of every customer.

 

Technekes And XSInc Agree To Merge

New Company Will Drive B2B Sales and ROI with Full Roster of Data Collection, Data Science, Incentive and Analytic Solutions

Technekes LLC and XSInc announced the signing of a letter of intent (LOI) to merge their respective technology businesses. By combining complementary strengths, the new company will be uniquely positioned to provide clients with unparalleled technology and data capabilities, greater efficiencies and increased ROI.

Each company has a proven track record of delivering bottom-line results for global B2B marketers. Technekes, a leading North American data-driven marketing and sales enablement company headquartered in Charlotte, brings 18 years of B2B demand generation, marketing and sales technologies, teleservices and incentive management solutions. XSInc, headquartered in Raleigh, started in 1998 and is an acknowledged global leader in data collection, management and analytics for the agriculture and turf and ornamental industries.

Steve Amedio
Steve Amedio

“This merger allows us to deliver an extraordinary suite of data-driven services,” says Steve Amedio, Technekes’ President and COO. “Both companies have deep, long-standing relationships with clients throughout North America. Together, we can provide all of our clients with new tools and teams, and combine proprietary software programs like Incent and Cultivator, to take full advantage of current market dynamics.”

Incent, an advanced calculation and analytics engine developed by Technekes, allows for real-time processing of the rebate, incentive and other payment and loyalty programs that are commonplace in agriculture, construction supply and equipment industries. Cultivator™ is a global trials management platform developed by XSInc for managing pre- and post-commercial product trials for crop and animal inputs, seed traits and genetics and on-farm precision technology.

“In many ways, our announcement to merge is a formality,” says Thad Armbruster, XSInc’s CFO. “We have already been working together with several clients and have seen great success. Clients appreciate the comprehensiveness of our combined offerings, as well as our reputations for being innovative and responsive.”

No other provider in the agriculture industry brings as much experience and expertise to bear as XSInc. Technekes’ bolsters that agriculture experience with adjacent lines of business in healthcare, construction, industrial supply and technology.

“We are excited to identify new opportunities,” says Amedio. “On paper, our combined strengths are obvious, but there’s something about our work ethos that is equally powerful. For clients seeking a long-term service provider who is committed to their industry and their business, our merger timing couldn’t be better.”

Effective immediately, the two companies will begin taking the necessary steps to complete the merger.

FISION Delivers New Level of Digital Asset Management and Sales Enablement to Leading Electronic Billing Software Provider

The FISION Platform Also Provides Visibility into Sales Asset Performance through the Entire Sales Funnel

FISION Corporation has deployed its cloud-based, digital asset management and sales enablement solution for a leading electronic billing and payment solutions software provider which improves customer experiences with over 15,000 clients in all 50 states across the U.S.

“With a broad customer roster that includes insurance, healthcare, municipalities, and utilities, our client will now be much better equipped to support aggressive growth and will leverage FISION into an expanded presence across the country.”

Jason Mitzo
Jason Mitzo

“As the customer experience increasingly becomes the main differentiator for their business, improving localized communications has become mission critical. We are excited to be working with this client in offering a truly modernized user experience, one focused on personalization and unparalleled efficiency when it comes to customer-facing content,” said FISION Chief Revenue Officer, Jason Mitzo. “With a broad customer roster that includes insurance, healthcare, municipalities, and utilities, our client will now be much better equipped to support aggressive growth and will leverage FISION into an expanded presence across the country.”

By having its sales and marketing communications centralized on the FISION SaaS platform, the client is now able to realize numerous benefits. They can locate and personalize the most effective content and track every level of engagement. They will be able to leverage dynamic sales and readiness materials to maximize the impact of every one of their customer interactions, all while ensuring that they have consistent brand messaging and regulatory compliance down to the local level. The FISION platform also provides visibility into sales asset performance through the entire sales funnel, providing insight into what content most effectively advances deals. After implementation, they’ll see a return on their investment in less than 90 days.

Mike Brown
Mike Brown

“Companies producing customer-facing content that is personalized, compliant, and driven by the latest data insights are the ones most likely to retain existing clients and grow new customer relationships,” said Mike Brown, CEO of FISION. “FISION has an incredible track record of facilitating this for some of the world’s largest brands, and this alliance will help our client reduce content creation costs and drastically increase speed-to-market capabilities. This client is an industry leader and offers one of the most forward-looking suites of electronic billing technology solutions to help their customers lay the foundation for a technology-enabled future. We are proud to share their devotion to clients on this front.”

This client will join the ranks of several other large enterprises from a range of industries that have also deployed the FISION and Volerro platforms, including a global provider of aerospace and building systems, a top provider of online higher education, an operator of the world’s largest business network, and a Super Bowl-winning National Football League team.

SalesLoft Raises $50 Million Series C To Fuel Innovation Of Category Leading Sales Engagement Platform

Company to Deliver AI And Open Platform In Response To Rising Market Demand For Its Sales Engagement Platform

SalesLoft, the sales engagement platform on a mission to help authentic sellers deliver the best sales experience,  announced it has raised $50 million in its Series C round, bringing total funding to $75 million. Insight Venture Partners led the round with participation from LinkedIn, and Series A and B investor Emergence Capital.

In recent years, the company quickly emerged as the sales engagement category leader, growing sales by more than 800 percent in the past two years alone, and being named the 7th fastest-growing technology company in North America by Deloitte. Along the way, SalesLoft expanded its team to more than 220 employees and has built a company culture that has earned it recognition as the #1 best place to work in Atlanta. The growth and accolades are the results of the relentless platform innovation which balances the authentic, human side of sales with the scalable, scientific side.

“Things have gotten very noisy for buyers these days. They are bombarded with sales activity via phone, email, social, and many other channels. When buyers are able to peel away from those distractions, they still have problems to solve — and an overwhelming range of solutions to sift through. Now more than ever, buyers really need sellers who can rise above all this noise and provide them with a better sales experience — through our product innovation and our people, it’s our mission to help sellers do just that,” said Kyle Porter, Co-Founder and CEO, SalesLoft.

Looking ahead, the company will continue platform innovation, including the highly anticipated launch of its SalesLoft Assist offering, the category’s first true artificial intelligence (AI) capability — which is informed by more than 500 million sales interactions, providing users with dynamic and real-time suggestions. SalesLoft has opened its platform and plans to aggressively expand its developer community and partner ecosystems, including a recently launched app marketplace of more than 30 available integration providers.

One popular integration option on its sales engagement platform is through LinkedIn’s Sales Navigator, where SalesLoft is one of the top partner integrations of LinkedIn’s Sales Navigator Application Platform (SNAP).

“SalesLoft is one of the most innovative companies in the sales engagement category and a leading provider on the Sales Navigator Application Platform. SalesLoft has integrated Sales Navigator into their application in a way that provides great user value while protecting LinkedIn member data. We look forward to working with SalesLoft to create even more value for our joint customers in the future,” said Doug Camplejohn, VP of Product, Sales Solutions, LinkedIn.

With this new investment and innovation, SalesLoft plans to add over 200 employees across its Atlanta headquarters, San Francisco, New York, and Europe. The company intends to continue developing innovative solutions for its commercial and enterprise customers.

SalesLoft has more than 2,000 customers — including Square, Cisco, MuleSoft, Alteryx, and Dell — who have boosted sales by delivering better experiences to their customers. SalesLoft recently shared the results of a study where it analyzed customer performance 90 days prior to and 90 days following their implementations and found an average of a 36 percent increase in opportunities created.

“We didn’t create the sales engagement category; our customers did. They weren’t satisfied with the tools their teams had to connect and engage buyers. They made their needs clear, and we listened. As a result, sales engagement has evolved from a point solution to the system of record for sales organizations. Users are spending more time within SalesLoft than any other technology, including their CRM. Our customers are leading the way in this exciting new category, which is really just a reflection of their efforts to serve their customers in new, authentic ways,” adds Porter.

“Sales engagement has emerged as the fastest-growing area in the sales and marketing stack. And for good reason: it works. SalesLoft consistently helps customers increase their pipelines, but also strengthen their relationships with buyers — that’s a huge differentiator. We’re looking forward to partnering with SalesLoft on their mission to activate authentic sellers and help them deliver better sales experience for the customers they serve,” said Jeff Horing, Co-Founder and Managing Director, Insight Venture Partners.

This latest investment comes 15 months after the company announced its $16M Series B. In that time, the company has increased annual recurring revenue by over 150% and significantly expanded its platform in four primary areas: automated workflows, CRM integration, connected apps, and enterprise security.

HGS Acquires Majority Stake in Element Solutions

Adds Digital Transformational Capabilities in the Buy-Side Segment to HGS’ Digital Services Business

Hinduja Global Solutions Limited (HGS), announced that its subsidiary Hinduja Global Solutions UK Limited has entered into a definitive agreement to acquire 57 percent equity stake in Element Solutions LLC, USA, a digital consulting services company, for a consideration of US$ 5 million. The transaction is expected to close in the next 15 days.

Element Solutions provides high-end digital strategy and solutions in customer digital experience, data-driven marketing and cloud managed services areas. With over 160 successful digital engagements, the company supports more than 35 top Fortune 500 brands, primarily in the healthcare, manufacturing and retail industries.

The modern customer lifecycle has two broad areas: Buy-side – comprising of market and sell segments and the Own-side – comprising of support and serve segments. HGS has traditionally been focused on the Own-side but started to cater to the Buy-side in the last couple of years. The acquisition of Element will help HGS Interactive (HGSi), HGS’ digital services division, to strengthen its Buy-side portfolio by adding new capabilities and expertise in customer digital experience and digital marketing. It will also bring together a complementary client base across sectors and add significant onshore presence for HGSi. Post acquisition, HGS will add over 75 employees comprising strategic thinkers, digital marketers, user-centric designers, software engineers and developers, of whom 33 are in the US and the rest in India.

Partha DeSarkar

“As part of our strategy to drive digital-led transformation for clients, HGS has been investing significantly in technology and solutions to reimagine customer experiences. The investment in Element Solutions expands on this strategy and helps position us as an end-to-end digital transformational leader who can impact the entire customer lifecycle for brands,” said Partha DeSarkar, Chief Executive Officer, HGS. “I am pleased to welcome the talented team of Element to the HGS family and look forward to leveraging their expertise to drive higher value.”

“The partnership with HGS will help us deliver better on our brand promise of ‘Creating Digital Experiences that transform traditional businesses to digital innovators’ at scale. We are excited about the opportunities ahead and are committed to working with our clients to drive impact,” said Venkatesh Korla, Founder & CEO, Element Solutions.

An innovative, global digital agency, HGSi provides global brands an array of 360-degree digital solutions including digital marketing, social CRM and web/ mobile apps to several marquee clients in CPG, hospitality, BFSI, and ecommerce sectors. The business has over 150 employees, most of whom are based in Mumbai. Analyst firm NelsonHall recently named HGS as a LEADER in its Digital Marketing Services NEAT report 2018.