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  • Loop Insights (MTRX) has hired a new chief technology officer to support the company’s growth
  • Tamer Shafik is the former Director of Solution Architecture at NTT DATA Corp of Japan
  • On December 17th, Loop Insights announced a partnership with NTT DATA Corp of Japan with the goal of creating new recurring revenue streams for both companies
  • Shafik spent three years as the Director of Solution Architecture at NTT Data, the world’s eighth-largest software company with a market cap of over US$20-billion
  • Loop Insights is down 2.67 per cent to C$1.46 per share

Loop Insights (MTRX) has hired a new chief technology officer to support the company’s growth.

Tamer Shafik is the former Director of Solution Architecture at NTT DATA Corp of Japan.

Loop Insights CEO Rob Anson said he’s proud that Shafik recognized the opportunity and had the confidence to make the decision to walk away from the comfort and security of his current role at a global leader in NTT Data.

“Tamer’s decision to join Loop as our CTO truly speaks volumes about where we are headed as a company. Having an established and proven world-class talent capable of driving our technology at a truly global commercialized scale gives me incredible confidence.”

On December 17th, Loop Insights announced a partnership with NTT DATA Corp of Japan with the goal of creating new recurring revenue streams for both companies, including the integration of Loop’s automated marketing capabilities with NTT Data’s NTT Smart Platform.

The partnership between Loop and NTT Data has been beneficial for both parties and led directly to Shafik’s decision to join Loop Insights.

Shafik spent three years as the Director of Solution Architecture at NTT Data, the world’s eighth-largest software company with a market cap of over US$20-billion, where he excelled as a digital transformation expert.

Shafik brings over 20 years of experience working in IT and eCommerce to the Loop Insights team, including five years spent working with leading Canadian multinational information technology consulting and systems integration company, CGI.

Shafik said he’s looking forward to working with the Loop Insights team.

“Loop’s AI-driven data and venue management platform along with its digital Wallet pass technology are well-positioned to revolutionize the world of artificial intelligence and data management. After working with clients to transform their digital infrastructure, I am very eager to begin demonstrating the power of Loop’s technology.”

Loop Insights is down 2.67 per cent to C$1.46 per share at 1:43pm EST.

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