MBN and Purple create a disruptive data strategy business

13 Jun 2018

Glasgow based MBN Solutions and Purple Management Consulting have announced their new joint venture; "Purple Vantage" and its acquisition of the intellectual property and methodologies of Consilium Analytics for the provision of advanced analytics advisory services.

Purple Vantage will address the market opportunities created by the growth in the application of Data, Insight & Analytics and Blockchain use.


 

The growing use of blockchain technology already includes applications for big data and artificial intelligence, as new, automated analytic techniques look for patterns in the "relationship data" about people, customers and transactions. Purple Vantage has been established to become a market leader in this convergence.


 

Paul Forrest, Chairman of Purple Vantage (pictured left) said "Having spent a number of years at Consilium Analytics, helping large corporates transform their fortunes with the application of digital technologies, AI and analytics, it made sense to use our effective, tried and tested tools and methodologies to form the bedrock for the new venture between MBN & Purple".


 

Michael Young, chief executive, MBN Solutions (right) and Alistair Sergeant, chief executive, Purple (centre) will also take formal roles in the new JV as Chief Client Officer and Chief Executive Officer respectively.

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