Omniture

This article, written by Neil Mason, was originally published on Clickz.com and is republished here with permission.

The first sign of spring is the beginning of the conference season and it kicked off for me this week when Omniture came to town hosting their European Summit in London. Around a 1,000 people from across Europe gathered together last Tuesday to listen to what one of the largest marketing technologies companies had to say. Read more…

Foviance, the expert in digital customer experience, today announced the completion of its acquisition of Applied Insights, a leading provider of analytical consulting solutions to blue chip businesses. The acquisition will accelerate the development of Foviance’s technology agnostic analytics division and supports Foviance’s strategy to provide a comprehensive customer experience solution to its global customer base.

Neil Mason joins Foviance as director of analytical consulting.

The acquisition brings Applied Insight’s director and co-founder Neil Mason to the Foviance team as director of analytical consulting. With his vast experience, he will serve on Foviance’s board of directors and lead the company’s new initiative and analytical consulting practice. Mr. Mason is a renowned industry figure and brings Applied Insights best practices of predictive analytics, optimisation and measuring digital marketing effectiveness to Foviance. He also brings with him Applied Insights existing blue chip client base which includes Barclays, BP and Total Jobs and he will have a pivotal role in developing further Foviance’s strategic partners such as Omniture and Google.

Neil Mason joins Foviance with 25 years of in-depth industry experience in marketing analytics and strategy. Prior to founding Applied Insights, Mr. Mason has worked in a number of senior leadership roles for many major companies including QXL ricardo and Research International UK. He also currently serves on the board of directors of the Web Analytics Association, the global industry body for digital analytics professionals.

“The combination of Foviance’s expertise in delivering seamless cross-channel experiences with Applied Insight’s leadership in understanding data analytics, is ideal for our customers, both in providing innovative services and optimising usability and conversion rates” said Paul Blunden, CEO, Foviance. “Our combined global customer base now has a partner with proven expertise to deliver a strong blend of business, analytical and technology consulting capabilities.”

“Many e-businesses are looking to improve their online performance but are not clear about what they should be measuring or how to measure it effectively, our merger with Foviance presents us with an incredible opportunity to improve the digital usability experience for businesses globally”, said Neil Mason, director of analytical consulting, Foviance.

Execs & Accounts UK & EU: IAB U.K., MySpace, Foviance
By Jack Marshall , November 10, 2008

Miles Bennett: Applied Insights joins Foviance
By Miles Bennett, November 8, 2008

NetImperative.com Foviance snaps up consulting solutions firm
By Net Imperative, November 07, 2008

M&Adeals.co.uk Foviance gains Applied Insights
By Ryan Daff, November 07 2008

Liesdamedlies.com Applied Insights falls into the gaping Foviance maw
By Ian Thomas, November 07,2008

Research-live.com Usability consultancy Foviance acquites Applied Insights. By James Verrinder, November 06, 2008

Mrweb.com Foviance Buys Applied Insights.
By www.drno.org – Daily Research News Online, part of www.mrweb.com, November 06, 2008

Growthbusiness.co.uk Foviance Acquires Applied Insights
By Growth Business, November 06, 2008

Omniture, the online business optimisation specialist, recently announced that it had agreed to acquire search and merchandising assets from solutions provider Mercado.

Another day, another Omniture acquisition! How fun it is watching the leviathan consume all in its wake searching for the Holy Grail that is the perfect online business optimisation solution. Is this the final piece of the puzzle? If so, how will this fit in with the rest of the Omniture suite?

On the face of it, acquiring these central elements of Mercado’s business will allow Omniture to help its own customers market their products better. Online retailers are gaining a good deal of experience selling products and services, but they also want to be able to provide customers with pointers towards related products that best marry with their purchases.

Merchandising in this sense is an effective way of collaborating products together. Mercado’s technology will allow Omniture to record sales details, receptiveness to merchandising, track and compare customer data from external search with internal searches, and manage keyword and pay-per-click campaigns dynamically. The concept of merchandising is not just about collecting information about what customers look at in terms of site design, it is about analysing pure product focus information – what is hot and what is not?

Of course collecting data across online channels is one thing, but refining businesses based upon the information collected is more of a challenge. One of Omniture’s more interesting acquisitions of late was web optimisation company Offermatica. This flagged Omniture’s intent of moving from its analytical routes to something much more ambitious, a completely automated online business optimisation solution.

Test & Target, as it is now known to Omniture customers, provides the ability to conduct real-time multivariate testing – an extremely powerful tool that could provide the answer to what combination of content drives customers the most. But here’s the flaw; what happens if all the permutations Test & Target displays are bad? Just because ‘Layout A’ has the highest conversion rate does not mean it is the most you can achieve, maybe it is the information itself and not the means by which it is displayed. What if there was a means of determining the best content to serve on products to push?

Enter Mercado’s merchandising technology.

Merchandising encourages commercial activity via the promotion of content. This process involves analysing sources of data to determine which content sells and what doesn’t. Quite simply, Omniture is attempting to come up with an automated merchandising solution that analyses data sources and serving product/services information directly into Omniture Publish (online CMS system) via Omniture’s Test & Target.

Omniture started life as a highly-effective statistical reporting company. By acquiring new tools like Offermatica & Mercado, the Omniture suite is another step closer to delivering a fully automated online optimisation tool. The benefit of which will be the most powerful tool on the market giving businesses a ’switch to flick’, kick-starting a self-learning tool that will automatically increase the likelihood of turning visitors into a customers.