WHAT’S NEW? MRI SOFTWARE ACQUIRES
SPRINGBOARD Global real estate software solutions business MRI Software has, has acquired UK-based Springboard, a provider of footfall counting and artificial intelligence (AI)-powered analytics to retailers, landlords, and government bodies.
Founded in 2002, Springboard holds the industry’s largest and most comprehensive data set on footfall. Serving more than 450 clients across 3,000-plus sites, the company is trusted by global media outlets, brands, and governing bodies for the accuracy of its data, quality of reporting, and retail insights.
The acquisition will see MRI expanding its MRI@Work for Retail solutions suite, which currently serves more than 500 retailers and retail property owners and operators globally.
Leveraging plug-and-play software, existing camera networks, and proprietary AI-powered algorithms, the Springboard solution provides real-time data and actionable insights, enabling retail stakeholders to optimise operations and improve outcomes for both individual retail locations and retail destinations. The solution continuously measures visitor activity, capturing anonymised demographic and sentiment information while identifying behaviour patterns – such as movement and dwell time
RESTORE RECORDS MANAGEMENT SECURES 10-YEAR BBC DEAL
Restore Records Management has landed the BBC’s commercial storage and archiving contract, with a remit to manage more than 10 million archive assets.
The contract, with a total value of £22 million, is for an initial 10 years and includes 74,000 linear metres of Archive Assets, consisting of audio, moving images, photographic stills, vinyl, and sheet music collected over the last century.
www.tomorrowsfm.com
– and presents this information via a comprehensive, easy-to-use reporting platform.
Patrick Ghilani, Chief Executive Officer of MRI Software, said of the acquisition: “Springboard is an exciting addition to the MRI family that will bolster our retail and smart data offerings and provide clients with deeper insights to guide their business decisions. In light of post-pandemic shifts in the retail landscape, the adoption of in-store technology has become increasingly critical, and physical locations are playing a more prominent role in a redefined shopper and guest experience. Springboard’s intelligent, actionable data enables retail stakeholders to increase shopper traffic and engagement, improve capture and conversation
Services provided will include secure storage, environmental controls, retrievals, and audit tracking.
Nigel Dews, Managing Director at Restore Records Management, said: “This is an important and significant client win for Restore, and we are delighted and excited to be working further with the BBC.
“As part of the procurement process, we spent a lot of time getting to know the BBC’s needs to create a solution with sustainability, security, quality control, audit procedures and conservation at the core. It has been a winning formula
rates, and, ultimately, level the analytical playing field between e-commerce and brick-and-mortar.”
Steve Booth, Chief Executive Officer of Springboard commented: “Our clients will benefit tremendously from Springboard joining an organisation of MRI’s global scale and broad solution portfolio, and we look forward to bringing our solutions to their dynamic client community. Footfall is a huge predictor of business performance, and precise data ultimately helps businesses make faster, more informed decisions that optimise store operations and generate more revenue. We look forward to continued innovation in collaboration with the MRI team.”
www.mrisoftware.com
and we look forward to a long and successful relationship.”
Restore’s solution includes enhancing an existing Restore facility with dedicated temperature- controlled vaults to help maintain strict environmental conditions.
Working closely with Restore’s relocation arm, Harrow Green, the project also includes a fully integrated package to plan, manage and migrate the Archive Collections from the BBC’s existing facility to their new home.
www.restore.co.uk/Records TOMORROW’S FM | 21
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