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Behind The ScreenBehind The Screen
Home»Fintech»Sagacity Solutions acquires REaD Group
Fintech

Sagacity Solutions acquires REaD Group

October 12, 2022Updated:October 12, 2022No Comments3 Mins Read
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Cion Digital names Sundar Nagarathnam COO
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Knowledge options professional, Sagacity Options Ltd., in the present day introduced its acquisition of award-winning knowledge advertising and perception company, REaD Group Ltd.

The acquisition will give purchasers a one-stop-shop for clear, correct and compliant knowledge with market main complete insights. Sagacity will present an intelligently knowledgeable buyer lifecycle proposition which begins from buyer prospecting and advertising to buyer administration, billing, collections and retention over the lifetime of the shopper and past.

Sagacity is a technology-enabled data-led firm that helps purchasers to resolve complicated enterprise challenges, cut back unhealthy debt, improve margins, and optimise worth. Sagacity’s proprietary software program platforms and bespoke providers assist purchasers to operationalise knowledge from the second a buyer has been onboarded – making use of superior analytics and machine studying to interrupt down the organisational siloes that act as boundaries to insights.

“This can be a strategic funding that may form Sagacity’s future path and development,” feedback Anita Dougall, Co-Founder and CEO of Sagacity. “REaD Group has delivered spectacular development and we are able to see that’s right down to the standard of the information insights the workforce uncover. By combining the strengths of each firms we are able to unlock the ability of knowledge and ship one thing actually particular.”

Fusing Sagacity and REaD’s knowledge options into one built-in service will facilitate elevated Return on Funding amplifying the worth that Sagacity delivers. Purchasers will unlock new ranges of profitability, determine and plug income leaks, purchase the proper forms of prospects, and strengthen buyer bonds and model popularity. Supporting a big blue-chip and enterprise shopper base – principally throughout the Monetary Providers, Retail and Charity sectors – REaD, a specialist buyer knowledge company, targeted on extremely moral practices and GDPR compliance in actual time, additionally opens the door to new markets for Sagacity. Equally, Sagacity’s heritage in delivering billing grade knowledge to the telecoms, vitality and water sectors does the identical for these coming from REaD.

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Jon Cano-Lopez, CEO of REaD Group, who has been appointed to the board of Sagacity Options Ltd, says “I’m extremely pleased with the expansion REaD Group has had over time, serving to most of the UK’s most recognisable manufacturers create and implement roadmaps for higher outcomes in addition to serving to to accumulate and retain the perfect prospects with high quality knowledge options. Our capacity to harness extra-ordinary knowledge perception and our unparalleled ranges of knowledge accuracy permits us to work with some implausible purchasers and resolve complicated points with unbeatable options.

Right now marks one other interval of development as REaD Group joins Sagacity creating one single distinctive knowledge enterprise, providing first-class enterprise platforms, unparalleled knowledge, synthetic intelligence, proprietary software program and seamless API connectivity for the perfect options and providers for enterprise knowledge wants.”

Founding father of REaD Group, Mark Roy, feedback, ‘We’ve met a variety of events nevertheless Sagacity stood out and confirmed that they share our unerring dedication to offering shopper service and worth like no different. The time is correct for REaD Group and our workforce to show the web page and speed up onto the subsequent chapter. This can be a implausible alternative for everybody concerned.”

Dougall provides, “At Sagacity, we’re pushed through the use of knowledge to realize enterprise perception and worth. This journey has beforehand began after a buyer has been onboarded by our purchasers… and that’s the place REaD is available in – to seize the entire buyer lifecycle from prospecting. The complementary nature of our companies and tradition will open limitless alternatives for our purchasers and our workers.”

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