Geospark Analytics founder and executive chairman Omar Balkissoon will take on another role as CEO, the company has announced.
With 17 years’ experience in tech startups, Balkissoon will help lead Geospark Analytics through its next phase of growth, with a focus on improvements to Hyperion, the company’s artificial intelligence machine-learning product.
“I firmly believe the best ideas win through mini experiments,” Balkissoon said. “With the next phase underway, having a creative process around the outcomes is key for customer success. Our customers are expecting continuous innovation, and this is how we define that.”
In addition to Balkissoon’s new role, the company has promoted Chief Operating Officer John Goolgasian to president and chief growth officer.
“We are entering into what we call Phase III of our company, moving beyond concept and start-up to a true scale-up,” Goolgasian said. “As part of this evolution, we know the needs of the company are quickly shifting and I will be focusing on our long-term business agenda, corporate resilience, and growth across our public and private sectors.”
This change follows the newly launched Control Risk partnership, which Balkissoon and Goolgasian were instrumental in getting off the ground. The company described the partnership as a driver of its strategic vision and growth moving forward.