Experian expands data and innovation lab in North America

SAN DIEGO, April 12, 2016 /PRNewswire/ -- Experian^®, the leading global information services company, today announced that its DataLabs in North America is growing and expanding into a new state-of-the-art facility in the San Diego area. This environment will enhance innovation and enable leading data scientists to help Experian clients and businesses solve strategic marketing and risk management problems through advanced data analysis processes, research and development.  

"San Diego has become a hot bed for data scientists and a powerful center for Experian's data and analytics research," said Eric Haller, executive vice president, Experian Global DataLabs. "We couldn't think of a better place in the United States to provide an environment that will allow our data scientists to look at problems and find solutions that are good for businesses, consumers and society."

The new facility will be outfitted with beacons, biometrics and emerging technologies to keep Experian on the forefront of innovation.

Experian DataLabs is staffed by teams of Ph.D. scientists and applied research practitioners with expertise in advanced analytics and modeling, as well as other statistical methods. The labs provide access to Experian resources such as broad and secure consumer and commercial credit data and demographics, which can guide Experian clients in determining their approaches. Projects often tackle high-dimensionality problems where computer science, applied mathematics and business acumen intersect to create solutions that can be implemented cost effectively.

"We are proud that Experian has selected San Diego as home for its new innovation lab facility. This commitment from an information services giant like Experian is further validation that companies are expanding, growing and helping us to create more jobs in San Diego," said San Diego Mayor Kevin L. Faulconer. "San Diego is indeed a world-class city of innovation, and our highly skilled scientific and technology talent is clearly helping to make San Diego a destination for new businesses, jobs and opportunities."

Experian DataLabs was established five years ago to provide clients with innovative techniques and applications to capture the value hidden within their data assets. The labs do this by providing a safe, secure environment to partner with clients to enable breakthrough data experimentation and innovation. By combining Experian's data assets with those of clients, Experian's data scientist team is able to present a larger picture and experiment with new and innovative ways of analyzing that data to deliver greater competitive advantages.

"Our world is filled with endless amounts of data. From credit card transactions to social media content, we are constantly surrounded by information that is vitally important to both ourselves and corporations around the world," said Kerry Williams, Experian's global chief operating officer. "While many companies are in the business of mining data for solutions using time-tested algorithms and mathematical equations, few invest the resources to find new breakthrough data insights. This is understandable in many respects, because innovation is hard and not always guaranteed to produce results. But this is exactly what we do in Experian DataLabs."

Experian DataLabs operates globally with labs in San Diego, Calif.; London, England; and São Paulo, Brazil. To find out more about Experian's data innovations and the Experian DataLabs, please visit http://www.experian.com/big-data/datalabs.html.

About Experian

We are the leading global information services company, providing data and analytical tools to our clients around the world. We help businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making.

We also help people to check their credit report and credit score, and protect against identity theft. In 2015, we were named by Forbes magazine as one of the "World's Most Innovative Companies."

We employ approximately 17,000 people in 37 countries and our corporate headquarters are in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2015, was US$4.8 billion.

To find out more about our company, please visit http://www.experianplc.com or watch our documentary, "Inside Experian."

Experian and the Experian marks used herein are trademarks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.

Contact:

Michael Troncale
Experian Public Relations
1 714 830 5462
[email protected]

SOURCE Experian

Related Links

http://www.experian.com