SAN DIEGO--(BUSINESS WIRE)--VizExplorer, a leading provider of operational intelligence solutions today announced that it has closed a strategic investment and technology development agreement with Stanley Black & Decker, a world-leading provider of tools and storage, commercial electronic security and engineered fastening systems.
“We are pleased to partner with VizExplorer to accelerate development of new products for our customers," said Larry Harper, VP, Stanley Ventures, the newly formed corporate venture arm of Stanley Black & Decker. "The partnership has great potential to address common operational challenges our customers face on a daily basis.”
The investment and collaboration enhances the joint strategies articulated by VizExplorer and Stanley Black & Decker. Together, the companies will collaborate to develop products that move the industry forward and help businesses gain insight into their day-to-day operations.
“We are excited that Stanley has selected VizExplorer to power the next generation of solutions for its customers" said VizExplorer CTO and Founder Andrew Cardno. “This agreement marks our entry into the manufacturing world, where we are eager to leverage our expertise gleaned from the gaming industry.”
VizExplorer offers Operational Intelligence (OI) solutions to the casino, sports and entertainment, and manufacturing industries. The next generation in data-driven decision-making, OI delivers on the promise of business intelligence by letting businesses analyze live, fast-changing data and take immediate action using a single toolset. VizExplorer’s applications and tools enable enterprises to address smart space and profit optimization, marketing campaign management, CRM and customer development, dispatch and service management, and customer service automation.
VizExplorer is led by a team of distinguished OI experts, seasoned industry veterans and world class software developers devoted to building the very best products backed by extraordinary support. VizExplorer is headquartered in San Diego, with offices in Las Vegas and Wellington, New Zealand. www.vizexplorer.com
About Stanley Black & Decker
Stanley Black & Decker, a Fortune 500 component of the S&P 500, is the world’s largest tools and storage company, the world’s second-largest commercial electronic security company, and a world-leading provider of engineered fastening systems, with unique and powerful growth platforms in the oil & gas and infrastructure industries. World headquarters are located in New Britain, Connecticut. Visit www.sbdinc.com for more information.