Contact Information: For more information, contact: Kimberly Weber Atomic birst@atomicpr.com (415) 402-0230 Bill Poll Information Asset Partners bpoll@iapartners.com (732) 662-1859
Information Asset Partners and Birst Partner to Provide Retail Insurance and Financial Institutions With Innovative, Market-Based BI Solutions
Alliance Combines Birst's Easy-to-Use Business Intelligence Solution With Market Metrics to Help Clients Quickly Improve Marketing Performance
| Source: Birst
LOS ALTOS, CA and SAN FRANCISCO, CA--(Marketwire - May 26, 2009) - Information Asset
Partners (IAP) and Birst, a leading provider of on-demand solutions for
business intelligence (BI) and analytics, today announced a partnership to
integrate IAP's Empirics with Birst's on-demand business intelligence. The
new solution, Empirics BI, will use Birst's powerful, user-friendly and
affordable software-as-a-service (SaaS) BI application to provide financial
institutions with Empirics' behavioral, market-based metrics.
"Financial firms have volumes of customer data, but in today's highly
competitive environment you also need objective behavioral measurement,
including market, customer, and growth potential metrics," said Dr. Raisa
Suhir, Co-Founder and Head of Analytics and Development, IAP. "IAP will
offer Empirics BI to provide these metrics to represent buying behaviors
and intents across channels and competitors."
Empirics BI will enable clients to go beyond historical data and
conventional demographics to identify "high potential" customers and
markets, underserved markets, and up-sell and cross-sell opportunities.
Using Birst's powerful BI capabilities, the solution will display the
information and insights in a concise and visual format within minutes, and
will seamlessly link the findings to a "live database" that will track and
benchmark marketing program potential and performance.
Empirics provides a comprehensive series of metrics that represent today's
retail financial market dynamics. For instance, clients can use Empirics'
financial client mobility metrics to assess the "switchability" of
prospective customers throughout their branch network, measure the relative
loyalty and profitability of their current customers, and align marketing
resources with current opportunities to maximize results and minimize risk.
"BI frequently focuses on internal data. What's unique about Empirics BI is
that it bridges the gap between the client's internal, customer-centric
view and external market context, focusing on whatever geographical area is
desired," said Randi DiPrima, Vice President of Global Partners, Birst.
"This intelligence would be very costly and time-consuming to produce using
traditional analytics applications, but the IAP-Birst collaboration can
deliver it affordably and in a matter of days."
About IAP
Information Asset Partners develops market metrics that help organizations
achieve improved marketing performance and ROI. Our approach links strategy
and tactics with objective metrics of today's buyers, their channel
affinities, and investment intents. In retail financial services, IAP's
Empirics solution helps marketers evaluate markets and customer portfolios,
optimize marketing resource deployment, and improve tactical marketing
performance. Visit our Web site at www.iapartners.com.
About Birst
Birst™ is the leading provider of on-demand business intelligence
solutions. Birst brings the benefits of fact-based decision-making to a
much broader audience by making it affordable, fast, and easy to use. Birst
is designed to support users of all sizes -- from individuals to groups and
entire companies, so that everyone can benefit from greater insight into
their business.
Learn more at www.Birst.com. Learn more about the Birst Partner Program at
www.birst.com/partners/index.