The Future Foundation will become part of Experian’s Business Strategies division, one of the UK’s leading economic forecasting groups and foremost provider of market analysis, consumer profiling, retail research and consultancy.
The Future Foundation will continue trading as an independent strategic consultancy but the business will immediately benefit from close-fitting synergies within Experian’s Business Strategies division. In particular, the Future Foundation will gain from Experian’s established network of international offices, providing rapid access to global markets and a worldwide client base for the Future Foundation’s highly successful nVision service.
nVision is a web-based consumer intelligence service covering the UK and Europe and contains the Future Foundation’s views on the most significant changes in the consumer environment. nVision draws on extensive research, containing more than 6,000 charts of trend data, over 500 forecasts, market analyses and emerging consumer trends. Both nVision and The Future Foundation’s projects business will benefit from Experian’s vast repository of data, analysis and in-house economic forecasting expertise.
Charles Burton, Managing Director of Experian’s Business Strategies division, commented:
“These are genuinely exciting times for Experian’s Business Strategies division as we look to establish, with the Future Foundation, an international strategic consultancy offering unrivalled analysis and understanding of consumers, markets and economies in the UK and around the world, past, present and future.”
Paul Flatters, Chief Executive of the Future Foundation added:
“This acquisition will give the Future Foundation immediate access to international markets for its consultancy products. Similarly, we will work closely with Experian’s Business Strategies division to provide strategic insight and expertise in the design, interpretation and marketing of its consumer profiling and analytics. The Future Foundation’s broader market positioning will help open up new sales opportunities for Experian’s Business Strategies division whilst Experian’s strong analytical resources will greatly enhance all aspects of The Future Foundation’s research and analysis.”
The acquisition of the Future Foundation Group is consistent with Experian’s global strategy of acquiring complementary businesses that provide new products, new data or entry into new vertical or regional markets, while leveraging the core assets of Experian.
Bruno Rost
Experian Press Office, Business Strategies division
Embankment House, Electric Avenue, Nottingham NG80 1EH
Tel: 0115 968 5009 or mobile 07967 567012
The Future Foundation Group is a leading commercial think tank and strategic consultancy. It has a very strong reputation for thoughtful and credible futures research. Over the last 9 years it has produced a number of high profile studies that have determined the strategic development of organisations in the private, public and not for profit sectors. The Future Foundation is structured to work with clients in a variety of ways, but has two core offers:
Experian’s Business Strategies division is a market leader in consumer profiling, market segmentation, economic forecasting and public policy research, supporting businesses, policy makers and investors in making tactical and strategic decisions. As part of the Experian group, Business Strategies has access to a wealth of research data and innovative software solutions.
Experian’s Business Strategies business has wholly-owned operations in eight countries: UK, France, Netherlands, Spain, Norway, Sweden, Finland and Hong Kong – China. This is supplemented by franchise operations in eight other markets – Germany, Czech Republic, Ireland, Greece, USA, Japan, Australia and New Zealand.
For more information about Experian Business Strategies go to www.business-strategies.co.uk.
Experian is a global leader in providing information solutions to organisations and consumers. It helps organisations find, develop and manage profitable customer relationships by providing information, decision-making solutions and processing services. It empowers consumers to understand, manage and protect their personal information and assets. Experian works with more than 50,000 clients across diverse industries, including financial services, telecommunications, healthcare, insurance, retail and catalogue, automotive, manufacturing, leisure, utilities, e-commerce, property and government. Experian is a subsidiary of GUS plc and has headquarters in Nottingham, UK, and Costa Mesa, California. Its 12,000 people in 27 countries support clients in more than 60 countries. Annual sales exceed £1.3 billion.
For more information, visit the company’s website on www.experian.com.
The word ‘Experian’ is a registered trademark in the EU and other countries and is owned by Experian Ltd and/or its associated companies.