MetrixLab acquires majority stake in social media analytics specialist Oxyme
Rotterdam and San Francisco – March 11th, 2014. MetrixLab, global provider of marketing analytics and research solutions, announced today that it has acquired a majority stake in Oxyme, a globally operating social media analytics company headquartered in Amsterdam, The Netherlands. Oxyme is known for pioneering digital research methodology which connects social activity to business performance. Oxyme created the Digital Sentiment Index (DSI), a new marketing metric that captures the value of brands online. DSI correlates with key performance metrics like sales and market share and is implemented at an increasing number of international and Fortune 500 companies in Europe and the USA.
“I believe that marketers are looking for a next generation consumer insights provider with a strong digital DNA, data source agnostic marketing analytics skills and a global infrastructure to support them in today’s complex decision making. Oxyme shares our vision in helping clients uncover consumer insights that lead to better business decisions. Both firms share a passion for data quality and innovation. We can now provide our international clients with global social media analytics expertise” said Han de Groot, CEO of MetrixLab.
This addition marks a next step towards MetrixLab’s declared goal to strengthen its capabilities in multi-channel data analytics, a seamless approach to insight development leveraging all available data channels, i.e. surveys, social media, CRM and ERP platforms.
“I am excited to see two digital innovators, MetrixLab and Oxyme, join forces. The MetrixLab offering is now augmented with Oxyme services. Together we will roll out our solutions internationally, particularly the DSI program to integrate our methods and datasources. In the past years, we developed advanced new methods to create insights that help our clients make data informed marketing decisions. We believe the next step for social analytics is to stop treating and dealing with the world of social media in isolation, but by looking at social media as part of the bigger picture. It is what our customers really need, together with Metrixlab we can service that need at scale.” adds Oxyme’s managing director Joep Arts.
As a result of the acquisition, MetrixLab employs over 400 marketing analytics and research professionals and operates a network of 150 social media analysts in the US, Europe and Asia.
MetrixLab is a global provider of marketing analytics and research solutions. We turn data from surveys, social media and sales channels into actionable insights that help leading brands drive innovation, brand engagement and customer retention. Headquartered in Rotterdam and San Francisco with 15 offices across the US, Europe and Asia, MetrixLab collects and analyses data from millions of consumers in more than 50 countries.
Oxyme is fanatical about creating mind-changing insights from social media data that allow companies to make profound data driven marketing decisions. Oxyme operates in 15 languages with a network of over 150 analysts located across the world.