Firebolt Group Acquires Glimpse Analytics, Strengthening Its Retail Tracking Solutions Portfolio
Firebolt Group, a leading global smart sign manufacturer and data capture partner for the experience economy, has acquired Glimpse Analytics, an emerging AI analytics and computer-vision-based experience tracking platform for the physical world.
“This acquisition helps us in our goal of providing meaningful data and real-time insights associated with our POS signage and materials,” said Philip Ochtman, Firebolt Group CEO. “We want to provide our customers with true ROI reporting associated with their marketing activations.”
Recommended AI News: Oracle Automates the Tasks Sellers Despise with Next Generation CRM
The move to acquire Glimpse Analytics signals Firebolt’s intention to capture a share of the growing behavioral tracking and operations monitoring market for retail, transportation, and service brands. Glimpse leverages a brand space’s existing CCTV to deliver rich insight into over 200 data points centered around customer behaviors, consumer demographics, and the effectiveness of operational activities.
The acquisition of Glimpse Analytics fits into Firebolt’s strategy to become a leader in connected brand artifacts and integrated brand tracking platforms. Firebolt’s earlier purchase of Envisage, a Canadian-based event data capturing platform for enterprise-level brands in 2019, now branded as Iconex™, set the company’s course for entry into the audience and customer insights marketplace. Now with the addition of Glimpse, Firebolt is fully positioned to solve for gaps and fractures in awareness, engagement, trial, utilization, and efficacy for brands operating within the experience economy.
Recommended AI News: ITsavvy Announces Acquisition of Technology Resource Advisors K-12 Computing
The founders of Glimpse Analytics will remain with the business moving forward, with John Price taking on the Chief Growth Officer role, Kakshil Shah the Chief Technology Officer, Darshika Joshi as Director of Engineering, and Kedar Pataki as Operations Director. David Bright from Firebolt will join as Chief Operating Officer, and Philip Ochtman will take over as Chief Executive Officer and Chairman of the Board.
“Completing this deal with Firebolt provides us with the financial security, reach, and global support platform to continue our growth trajectory,” said John Price.
[To share your insights with us, please write to firstname.lastname@example.org]