Profusion

Research solution

Through a Knowledge Transfer Partnership (KTP) with the University of Essex, Profusion was able to draw on academic expertise from Department of Maths to expand the company’s data science capability, by developing cutting edge data science techniques using statistics and machine learning.

As the KTP evolved it became focused on the goal of developing the Profusion’s first bespoke data science led product, AI Marketer, for predicting customer behaviour based on email marketing. Together with academics, Profusion would explore and develop the best mathematical approaches to create the modules within this new product.

Business value

Today Profusion is a data science and marketing services consultancy, with the KTP helping to accelerate the process of making data science a cornerstone of what they offer.

The AI Marketer product developed through the partnership has delivered a suite of modules that empower marketers to use AI and data science to predict three main things: customer churn, propensity to purchase and customer lifetime value. This has moved Profusion from being a services-only company to a hybrid services and products company with the KTP being the catalyst for that change.

The success of the first KTP has led to the development of a second KTP between Essex and Profusion to embed Natural Language Processing capacity and help build commercialisation capacity for the AI Marketer product. They are now drawing on expertise from the University’s School of Computer Science and Electronic Engineering and Essex Business School alongside the Department of Maths to develop the product further.

Find out more