Tuesday 22nd November 2016
|Text too small?|
David Leach, the former senior vice president at Orion Health, has been appointed chief executive of Spark's big data venture Qrious.
Qrious, which was launched in 2014 as part of incubator Spark Ventures, is a data and analytics business owned by the telecommunications provider.
Leach, a qualified engineer and software developer, held various roles at Orion over the past nine years and will replace Ed Hyde, who was promoted to chief executive of Spark Ventures in October.
Spark said in a statement it has seen strong growth from Qrious and has increased recruitment to support that growth.
"I am looking forward to building on this positive momentum, including preparing for potential international expansion,” Leach said. "Big data and analytics is an exciting and growing market with so much potential and Qrious is in a fantastic position."
In Spark's annual results for the year to June 30, released in August, the company said it had grown Qrious big data analytics revenues year-on-year, though it didn't provide figures. Spark Ventures' financial results are reported within the results of Spark Home Mobile & Business as they are not currently material.
Qrious is focussed on sectors including transport, tourism and events, Spark said, and in the year ahead, it plans to introduce new services, expand into its existing sectors and use Qrious' big data capability across Spark to drive performance.
No comments yet
NZ dollar falls with Aussie after Westpac's RBA rate cut call
Intuit juggernaut grows QuickBooks subscribers but momentum slows
Reaction to Budget rules relaxation shows balance 'about right', says Ardern
Augusta lifts net profit six fold as investors flock into new funds
Annual exports to China top $15 billion for first time
Gentrack posts $8.7M loss on CA Plus write-down
Westpac says RBNZ capital proposals would add $6,000 p.a. to an Auckland mortgage
Cavalier says market conditions still challenging
Ryman hikes dividend as annual earnings grow on wider development margin
24th May 2019 Morning Report