Peerius Boosts R&D Spend By 120%
LONDON, July 5, 2013 /PRNewswire/ --
Europe's leading personalisation provider moves to strengthen its advantage in the marketplace
Peerius, the global leader in personalisation, has more than doubled its spending on research and development this year, adding mathematicians, technologists, scientists and retail analysts to a team headed by chief scientist, Bruce D'Ambrosio - a man widely regarded as 'the godfather of personalisation'.
The investment has accelerated Peerius' product roadmap as it prepares to bring a series of new solutions to market, and expanded the expertise and resources available to the teams focused on developing its mobile and in-store propositions.CEO, Roger Brown said: "Peerius is a leader in its space, and building on that advantage means continuing to innovate in delivering outstanding, and highly effective multi-channel solutions to customers. "There are lots of opportunities to do that. The industry as a whole is really only scratching the surface in terms of the potential in personalisation. That is why our investment in R&D will continue to accelerate, rising by a further 300% next year." Crucially, the influx of talent, as well as a close collaboration with Cambridge University, strengthens a key element of Peerius' competitive advantage - its commitment to partnering with retailers and arming them with the local market insight required to derive maximum commercial advantage from personalisation. Brown explained: "Customers look to Peerius to lead the way and we take that responsibility very seriously. Unlike other companies we work closely with all our customers, providing each with a roadmap detailing what they could and should be doing to deliver a better experience and drive sales. "Adding new expertise to the team enhances our ability to help customers to do more and get more, whether in the presentation layer for different devices or in deploying ever smarter multi-channel solutions that drive revenue."
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts