Internet Software and Services
Company Overview of First Insight, Inc.
First Insight, Inc. designs and develops cloud based predictive analytic consumer testing solution for department stores, specialty retailers, manufacturers, wholesalers, footwear, and e-commerce companies. The company’s solutions give guidance for product design, buying, assortment planning, pricing, and marketing decisions to improve sales, margins, and inventory turnover; provide forward-looking view of customer demand and merchandise profitability; and deliver inventory investment recommendations and go-to-market price point insight for products that are new to assortments. Its cloud-computing model generates insight on the future success of new products and designs. The company was foun...
2000 Ericsson Drive
Warrendale, PA 15086-6507
Founded in 2007
Key Executives for First Insight, Inc.
Founder, Chief Executive Officer, President and Director
Compensation as of Fiscal Year 2017.
First Insight, Inc. Key Developments
First Insight, Inc. and Chico’s FAS, Inc. Announce Partnership Agreement
Jun 22 17
First Insight, Inc. and Chico’s FAS, Inc. announced a partnership agreement. Using First Insight’s consumer-driven predictive analytics, Chico’s FAS will be able to more quickly and accurately make design, buying and pricing decisions on the apparel, shoes, accessories, and jewelry it offers to its consumers both in stores and online. Through the partnership, First Insight will utilize its online social engagement tools to gather direct consumer input on new products from Chico’s base of customers. The data will then be analyzed using First Insight’s predictive models, enabling Chico’s FAS to better understand its customer base and calibrate inventory buys, optimize allocation strategies and offer products that align with their needs.
the s.Oliver Group Partners with First Insight, Inc
Jun 1 17
First Insight, Inc. announced a partnership agreement with the s.Oliver Group. Using First Insight’s consumer-driven predictive analytics, the s.Oliver Group will be able to more quickly and accurately make design, buying and pricing decisions on the apparel, shoes, accessories, jewelry, fragrances and eyewear it offers to its consumers worldwide. Through the partnership, First Insight will utilize its online social engagement tools to gather preference data on new products from the s.Oliver Group’s base of customers. This data will then be analyzed by First Insight’s predictive models to help the s.Oliver Group better understand their customer base in order to offer products that align with their needs.
First Insight Announces Partnership with Desigual
Apr 4 17
First Insight, Inc. announced a partnership agreement with Desigual to provide consumer-driven predictive analytics. Through the partnership, First Insight will empower Desigual to make faster and more precise design decisions in some of its categories such as women’s, accessories, men’s, kid’s and shoes. First Insight’s solution will enable Desigual to quickly evaluate a greater number of designs and products. The tool also calibrates inventory buys based on direct consumer input and predictive analytics, allowing Desigual to optimize allocation strategies.
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