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evolve24 and Sherpa Analytics Merge, Creating Powerful ‘Big Data’ Analytics Company
|By Business Wire
|August 18, 2014 11:38 AM EDT
Analytics announced a merger between the two companies, effective
immediately, to create a dynamic and powerful entity in the big data
analytics industry. The combined company, which will keep the evolve24
name, will leverage their state-of-the-art data collection and
processing platforms to offer end-to-end audience engagement,
anticipatory intelligence, issue management and strategic insight
solutions. From data integration and management to development of
innovative analytics and models, analysis, strategic insights, reporting
and dashboards, the combined company will provide answers to companies
interested in making confident, data-driven business decisions.
evolve24 has been a leader in the social analytics commercial
marketplace, while Sherpa Analytics has held a strong position in the
government and non-profit sector. CIO
Review has cited both companies among the top 20 most promising data
analytics companies. The combined company will continue to provide
organizations across industry and government with solutions for audience
engagement insights, program effectiveness measurement and anticipatory
intelligence for issue management.
“The choice to combine these two entities was driven by a need in the
market, as we’ve watched ‘big data’ explode in recent years,” said
Michael Bryars, chief operating officer, evolve24. “We are thrilled to
combine evolve24 and Sherpa Analytics to have the freedom to innovate
and grow in a market that is experiencing record growth and advancement.”
Anthony Sardella, an expert in big data analytics, will lead the
combined company as president and chief executive officer. He founded
evolve24 in 2004, and led the company through its early growth stage
before Maritz Research acquired it in 2010. He was the president and
founder of Sherpa Analytics, and has been responsible for the company’s
strategic growth over the past several years. The combined company will
become a separate legal entity with a stand-alone board of directors and
appoint a combined leadership team. Maritz Holdings, Inc. will maintain
an ownership interest in the new combined company.
“evolve24 will not only have the most advanced technology infrastructure
to collect, process and integrate traditional media, social and digital
media and company-proprietary data sources but also will be powered by
advanced analytics to make ‘big data’ actionable – exactly what Fortune
500s need in today’s evolving business environment,” said Sardella. “Our
unique ability to not only discover what matters to audiences, but also
what drives behavior allows us to provide unprecedented insights and
actionable, strategic support for decision making.”
Both evolve24 and Sherpa Analytics have made significant technological
advances in their respective marketplace with the aid of Ph.D.-level
data scientists and senior decision makers to provide actionable
insights. By merging, the combined company will leverage those advances
to provide clients with access to new products and solutions, a
dedicated team of data scientists, big data researchers and strategic
advisors as well as access to innovative analytics, such as Emotion,
Opinion, Trust and Loyalty.
The combined company will lead with its innovative suite of products,
Mirror, a big data and social analytic platform for consumer and
Vector, a powerful analytical product for measurement of program
Pivot14, for real-time global anticipatory issue intelligence; and
AimAware, a leading enterprise, global risk management application.
The company's headquarters will be located in St. Louis, Missouri, with
additional offices in Chicago and Washington, DC.
evolve24 is a big data analytics and research company that offers the
Fortune 500 an end-to-end intelligence solution to make more confident
business decisions. We collect, process and integrate various consumer
data using our leading-edge technology and apply our expertise in big
data analytics to reveal answers to business challenges. Backed by a
team of Ph.D.-level data scientists, industry experts and big data
researchers, evolve24 uses big data to derive market and consumer
insights, measure program effectiveness and provide anticipatory issue
intelligence. Learn more at evolve24.com
or follow us @evolve24.
ABOUT SHERPA ANALYTICS
Sherpa Analytics is a big data analytics company that uses a
research-driven approach to find answers and reveal rich insights for
our clients in government departments, political organizations, and
advocacy groups. Our solutions in the areas of anticipatory
intelligence, audience insights and measures of effectiveness can be
applied across our product lines, from applications to consulting, each
designed to help our clients identify emerging issues, uncover new
trends, and quantify the impact of campaigns.
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