Signs strategic agreement to include Yumi’s nudging platform in BTS global offering
STOCKHOLM, SWEDEN – BTS Group AB (publ), a leading global strategy implementation company, partners with Feedback Loop Srl and invests in the nudging platform Yumi (https://www.yumi.network/en/), launched in Italy in 2018. Yumi is a digital platform supporting change initiatives, which supports employees in improving their work through personal insights and suggestions from colleagues. Yumi also provides companies with organizational network analysis and diagnostics on the progress of change initiatives.
With this agreement BTS can integrate an innovative solution that pushes the themes of people analytics and nudging and is already successfully used by corporate clients from different industries, into its digital offering. The integration of Yumi will enable BTS to support its clients in an even more data-driven approach to change and enhance employee engagement. The agreement will offer Yumi access to a large international market and integration with innovative coaching, training, leadership development and cultural design tools and services offered by BTS.
"With Yumi we saw a team and technology very aligned with our approach to change. There is a clear opportunity for the use of Yumi in BTS portfolio meeting a growing demand from our customers for digital, engaging solutions that allow our change programs to scale to ever larger populations. Integration of BTS services and the Yumi platform is facilitated by the latter’s ability to work across campaigns and customize content based on contextual priorities. The people analytics and network analysis components will allow us to serve our clients even better with a diagnostic capability that is non-intrusive, user-engaging, and fast,” says Katy Young, Partner, Head of the BTS Growth, Strategy and Culture portfolio in Europe.
“Working with BTS will be a great opportunity for us, and we see great potential for the use of the Yumi platform to expand when implemented and incorporated at innovative clients and projects with BTS. Combined with BTS excellence it will allow us to open new perspectives and provide value adding thought leadership in the most challenging topics in the people world today, such as change and transformation, leadership development, and learning. In this context, we will continue to innovate and develop the platform by enhancing the many BTS offerings and continue to challenge the new digital frontiers, foremost AI," says Emanuele Scotti, Managing Director of Feedback Loop Srl, creator of the Yumi app.
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About BTS Group AB
BTS is a global professional services firm headquartered in Stockholm, Sweden. BTS has about 1,200 professionals in 37 offices located on six continents. BTS competes in both talent and HR consulting as well as the traditional consulting markets. BTS’s services support a broad range of client challenges including top-to-bottom and on-demand leadership development, talent selection and readiness, strategy creation and strategy implementation, as well as culture and broad-scale change. For over thirty years, BTS has been focused on the people-side of change and uses proprietary simulation, learning, coaching, and assessment methodologies to power better performance.
We partner with nearly 450 organizations, including over 30 of the world’s 100 largest global corporations. Some of our major clients include ABB, Chevron, Coca-Cola, Ericsson, EY, HP, Mercado Libre, Salesforce, SAP, and Tencent.
BTS is a public company listed on the Nasdaq Stockholm exchange and trades under the symbol BTS B.
About Feedback Loop and Yumi
Feedback Loop Srl was founded in 2018 in Milan (Italy) with the objective to develop the YUMI platform.
Yumi is a nudging platform that continuously improves the measuring, engagement and development of teams at work. It helps people to share nudges about their behaviours with a spontaneous approach. It allows companies to put their change strategy in action.
Yumi was initially launched in May 2020. With its user-centered design and with Feedback Loop winning projects with some large Italian groups and abroad, Feedback Loop has continued to develop the platform based on feedback from thousands of users, by expanding functionality and user experience.