August 30, 2016 4:18 PM ET

IT Services

Company Overview of Epsilon AB

Company Overview

Epsilon AB operates as a technology and systems development consultancy. The company offers idea and concept services, including strategic new development, technical studies, idea and concept development, risk and feasibility analysis, and product and project definition; and product development services, such as new development, product renewal, variant construction, customization, and problem-solving services. It also provides industrialization services, which comprise plant planning, process engineering, production engineering, production equipment automation, electronics production planning, software installation, and software packaging services; and product and market services, including...

Stora Varvsgatan 6

Malmö,  211 19

Sweden

Founded in 1986

Phone:

46 4 06 62 10 00

Fax:

46 4 06 62 10 99

Key Executives for Epsilon AB

President
Age: 53
Founder, Owner and Chairman
Age: 66
President of Epsilon Engineering Design AB and Manager of Life Science Market Area
Age: 52
President of Epsilon Technology AB
Age: 59
Chief Privacy Officer and Vice President of CRM Strategy & Planning
Compensation as of Fiscal Year 2016.

Epsilon AB Key Developments

Epsilon Launches EpsilonHealth; Announces Executive Appointments

Epsilon announced the launch of a formal health practice, EpsilonHealth, as well as an expanded healthcare team, to continue to meet the growing needs of today’s healthcare marketers. EpsilonHealth will operate as a unit within Epsilon, providing market-specific expertise and knowledge for its healthcare clients across insurance, pharma, medical devices, retail and life sciences. EpsilonHealth helps clients significantly improve business outcomes by fusing together rich data, analytics, creativity and technology to deliver personalized marketing communications that drive authentic engagement. With highly targeted and relevant marketing campaigns that connect emotionally to consumers, EpsilonHealth helps clients significantly improve healthcare experiences through informed choice. This allows consumers to reach the correct healthcare decisions resulting in better patient outcomes. Alex Gochtovtt has joined as Senior Vice President, Client Services. In addition to overseeing strategic client relationships, Alex will lead the digital media solutions for the healthcare vertical. Prior to joining Epsilon, Alex was Chief Analytics and Healthcare Product Officer for Audience Partners where he led the development of digital media services and oversaw all programmatic media buying for healthcare clients. Kurt Zoller has been appointed Senior Vice President, Strategy and Growth for healthcare agency services. A seasoned healthcare marketer and communications leader with expertise in CRM, traditional and digital marketing, Kurt previously served as Director of Marketing and Communications at Blue Health Intelligence. Sherry Byers and Mike Salpas have both joined the team as Vice President/General Manager to lead, manage and evolve Epsilon’s delivery and service excellence models for EpsilonHealth. Prior to joining Epsilon, Sherry served as Group Vice President, Account Management at Digitas Health LifeBrands, while Mike served as Client Partner, Health at Merkle Health. Leslie Rabin has joined the consulting arm of the organization as Vice President, Strategic Consulting where she will lead strategy driven by consumer insights for the healthcare portfolio. Previously, Leslie served as Vice President, Strategic Planning at Discovery USA. Elie Carrier-Walker has been appointed Vice President, Global Agency Lead overseeing healthcare delivery across EMEA and APAC.

Epsilon Announces Earnings Results for the First Quarter of 2016

Epsilon announced earnings results for the first quarter of 2016. Epsilon's revenue decreased 2% to $493 million and adjusted EBITDA decreased 22% to $81 million for the first quarter of 2016. Results were mixed at 3/4 of the business, digital and technology platforms grew a best 8% during the quarter, while the remaining 1/4, agency reforms, where the revenues declined by 23% versus the first quarter 2015. Adjusted EBITDA decreased $23 million from the first quarter of 2015, primarily due to higher payroll costs, staffing levels increased in anticipation of revenue that is yet to occur.

Epsilon Announces India Operations

Epsilon announced its operations in India. The India office located in Karle Town Centre, Bengaluru was inaugurated by Mr. Neil Walsh, Senior Vice President, Shared Services, Epsilon and Mr. Ashish Sinha, Country Head, Epsilon India along with other dignitaries such as Senior Vice President of Global Delivery Services, Sam Gourley and Senior Director of Global Delivery Services, Amit Saxena. An all-encompassing global marketing company, Epsilon harnesses rich data, groundbreaking technologies, engaging creative and transformative ideas to get the results clients require. Epsilon supports hundreds of clients including 15 of the world's top 20 brands, helping them find, acquire and retain customers. Recognizing the immense technology talents in the country, Epsilon has created a new India chapter setting up operations in Bengaluru-the technology hub of India. Associates in India will play a key role in providing insight and strategy support for Epsilon's global clients focusing on strategically combining rich data, analytics, creativity and technology, to create powerful marketing campaigns.

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