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IRI introduces new corporate name.

CHICAGO -- SymphonyIRI Group Inc. is the new name for Information Resources Inc.

Pursuing the goal of enabling consumer packaged goods (CPG), retail and health care companies to drive growth through innovative insights, marketing and sales, SymphonyIRI builds on an established leadership position in market measurement and adds a new family of solutions for predictive and automated analytics, technology platforms, and strategic consulting services to deliver a step change in value.

An important foundation of these new capabilities is the Advantage Solutions suite, built on the IRI Liquid Data (ILD) platform.

"While we now have all of the capabilities to play a much broader role, the IRI brand name in some ways was confining," says SymphonyIRI president and chief executive officer John Freeland. "The last two years have been about fortifying the required set of building blocks, defining a bolder vision and, most important, innovating new capabilities and executional competencies to place us center stage in addressing clients' most important strategic issues. SymphonyIRI Group is more than a new name; we are revitalizing our core business, strengthening our emerging businesses and evolving our fundamental value proposition to more accurately reflect our broader, higher value orientation and focus--a transformation that both embraces and extends beyond the traditional market research space."

The evolution of IRI to SymphonyIRI reflects the company's increased agility and relevance, combining its heritage in market measurement with an expanded ability to solve clients' most challenging strategic business issues across their entire enterprise, including at the C-suite level.

Supporting this ongoing transformation, the company has continued to make significant investments to materially broaden and deepen the value of its core information assets, translating day-to-day data to new levels of powerful business insights.

"The company has rapidly grown into the worldwide leader for creating innovative solutions to the continuously evolving needs of CPG, retail and health care companies," says SymphonyIRI chairman Romesh Wadhwani. "A unified SymphonyIRI Group enables our blue-chip clients to translate deep, highly nuanced business insights into transformational strategies and actions for a markedly elevated level of impact across their entire organizations, including sales, marketing, merchandising, category/brand management and shopper marketing.

"This approach represents an entirely new plane of value creation and engagement with our clients to help them achieve breakthrough performance and dramatically improved ROI."

Adds Freeland: "In today's rapidly evolving economy, the shopper is the center of gravity, so we're providing the next level of consultative insight, shopper marketing solutions and forward-looking decision support capabilities to raise performance levels. 'SymphonyIRI' underscores how we are continuing to transform our business to be an even stronger strategic partner for our clients, so they can more effectively identify and leverage new opportunities with today's shoppers to drive growth."

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Title Annotation:Supplier News; Information Resources Inc.; SymphonyIRI Group Inc.
Comment:IRI introduces new corporate name.(Supplier News)(Information Resources Inc.)(SymphonyIRI Group Inc.)
Author:Wadhwani, Romesh
Publication:Chain Drug Review
Geographic Code:1USA
Date:Apr 26, 2010
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