Vizexplorer momentum continues with appointment of new CEO
Technology industry veteran to lead company through expansion phase. VizExplorer, a leading provider of analytics, data visualization and operational intelligence solutions, have announced that it has appointed technology veteran Ron Frankel as the company’s new CEO. Former CEO Ian Bonner will assume the role of Executive Chairman of the Board, and will partner with Frankel as VizExplorer continues its growth trajectory. Since its founding, VizExplorer has focused on building its technology platform to serve the needs of the casino gaming industry. Under Bonner’s leadership, VizExplorer emerged as a leader in the real-time analytics and operational intelligence category, experiencing more than 65 percent average revenue growth and a 13-fold increase in annual recurring revenue since 2013. With Frankel at the helm, VizExplorer will continue to invest in solutions for gaming, while expanding the focus and leveraging its patented technology to provide sophisticated analytics, data visualization and operational intelligence products for operators across industries, including manufacturing, entertainment venues and healthcare. The announcement follows news of the company’s most recent investment round led by Morgan Stanley Expansion Capitaland the formation of its new Board of Directors. “I’m excited to join VizExplorer at this pivotal point in its transformation, and to lead it into the next phase of maturation,” said Frankel. “I am impressed with what the team has delivered to date, and believe strongly in the application of its technology to solve a range of data needs across many types of businesses,” he added. “I couldn’t be more pleased to welcome Ron to his new role. The VizExplorer Board of Directors and I are confident in his vision and his proven ability to execute, and are eager to support him in this next phase,” said Bonner. Frankel joins VizExplorer with a wealth of technology industry experience as a public company chief executive, board member, advisor and investor in the software industry.