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Agorapulse and PlayPlay Reveal Global Social Media and Video Marketing Trends for 2023

Agorapulse and PlayPlay Reveal Global Social Media and Video Marketing Trends for 2023

video advertising 14 Jul 2023

Latest research proves major social media platforms prioritize video and use six essential videos to drive engagement and social media ROI.

Agorapulse, an award-winning leader in social media management, and PlayPlay, a leading video creation platform, have released “Video & Social Media 2023: Global Performance Data and Best Practices.” This in-depth report features performance data and best practices for social media marketing. 

Leveraging data from Agorapulse's social media management platform, we analyzed 5,000 posts to provide insights from industry leaders. The report also offers tips from PlayPlay regarding how brands can maximize their ROI from social media and video marketing. Marketers can dig into the report to learn about eight key video trends to help them succeed this year. Social media teams can also discover the six must-have video types every brand should have in their social media strategy.

“Videos are the most engaging content type on all major platforms," said Emeric Ernoult, CEO of Agorapulse. "We've seen an exponential increase in their use over the past year. But despite the importance of video boosting engagement, the report shows that brands continue to underuse this powerful medium. They're missing out on a huge opportunity for social media ROI!”

With Cloud Service Attacks on the Rise, Only 48% of Enterprise Security Leaders Say Their Threat Defenses Are Effective

With Cloud Service Attacks on the Rise, Only 48% of Enterprise Security Leaders Say Their Threat Defenses Are Effective

cloud technology 14 Jul 2023

Scale Venture Partners’ 2023 Cybersecurity Perspectives Survey reflects what CISOs are up against and how tools like AI/ML fit into the mix

Scale Venture Partners, an early-stage VC fund focused on intelligent business software for enterprise, today announced the findings of its 10th annual Cybersecurity Perspectives Survey. The survey measured responses of hundreds of senior cybersecurity leaders, CISOs, CIOs, VPs, directors and IT managers to delve into the latest security trends.

This year, security leaders shared that although the number of successful ransomware attacks and data breach attempts fell by 30% over the last year, the number of reported security incident types at organizations increased. In fact, 71% of organizations experienced three or more types of security incidents, a 51% increase year-over-year. With staff shortages persisting, security teams continue to face an uphill battle protecting their networks, particularly given how quickly the cloud landscape is evolving.

“The shift to the cloud has been a long journey and attackers are taking advantage now that employees regularly log into multiple cloud services, often from outside the traditional enterprise network perimeter,” said Ariel Tseitlin, Partner at Scale Venture Partners and an avid investor in the cloud and security industries. “Without a strong perimeter, identity becomes the most important and effective way to manage security. That’s where companies most devote resources– both human and machine. Companies are realizing this shift, as IAM has become crucial to security plans for 2024.”

Key Findings

Cloud service attacks were the most common type of incident:

  • Half (50%) of the organizations surveyed experienced at least one incident against a cloud service over the last 12 months.
  • A growing number of cloud services were compromised due to an attack against a third party (43% this survey period versus 37% the year prior), which represented a 16% year-over-year increase.
  • There was also a 58% increase in the number of firms compromised by phishing attacks that resulted in stolen employee credentials via cloud services.

Supply chain software and AI models emerge as risks:

  • Tracked for the first time this year, software supply chain compromise was the fourth most frequently occurring attack at 34% of firms.
  • In its survey debut, AI model attack or compromise incidents occurred at 20% of companies within the last 12 months, taking this category of attack out of the theoretical and into reality.
  • As AI/ML models become more commonplace within organizations, 49% of security leaders worried about threat actors poisoning those AI/ML models to bypass security protections.

Cybersecurity talent remains scarce:

  • Security leaders continued to struggle to find security professionals with the required cybersecurity skills, with 57% of firms indicating the biggest barrier to achieving their desired security posture was not enough security personnel, up significantly from 42% last year.
  • Sixty percent of security leaders identified cloud security the most difficult role to fill on their teams.
  • Security teams reported being overwhelmed with too many alerts and too many tools, forcing organizations to strike the right balance between budgeting to attract and retain skilled cybersecurity talent as well as deploying more effective cybersecurity solutions.
  • More than 60% leveraged security tools with AI /ML capabilities to offset talent shortages, with 79% of security leaders believing AI/ML will be “important” or “extremely important” for improving their security posture by 2024.

Moving Forward

To successfully safeguard systems and applications, security teams are prioritizing their next steps. The survey yielded insight into how they plan to approach security moving forward:

  • Network security was named a primary cybersecurity spending priority, followed closely by Identity and access management (IAM), which ranked #2, surging from #8 last year. Cloud infrastructure security rounded out the top three.
  • Eighty-three percent of firms intend to enforce existing security policies more strictly this year to address their security challenges.
  • Additionally, 62% reported investing in tools to automate manual security processes to identify, contain, and remediate the most urgent cybersecurity threats.

PrivacyHawk Raises $2.7 Million to Pioneer the Personal Data Protection Market

PrivacyHawk Raises $2.7 Million to Pioneer the Personal Data Protection Market

data management 13 Jul 2023

PrivacyHawk is the first personal data manager that empowers individuals to take back control of their personal data. Their groundbreaking product reduces the risk of being targeted by fraud, identity theft, hacks and scams.

PrivacyHawk, a pioneer in personal data protection, today announced it has received $2.7 million in funding. ff Venture Capital (ffVC) led the most recent round, which also includes investments from Nufund, Alumni Ventures, AngelList, Gaingels, Duro Ventures, Sandhill Angels and Seraphim Ventures. ffVC, Tech Coast Angels, Duro Ventures and Gaingels invested in a prior round.

“We are excited to be part of PrivacyHawk's journey to help protect the personal data of everyone,” said John Frankel, lead investor and founder of ff Venture Capital. “We have been following the privacy and personal data space for a long time and believe not only the time is right for a service like this in a huge global market that addresses a real burning need for all Internet users, but also the team is amazing.”

PrivacyHawk is pioneering the new category of personal data protection. The product protects individuals’ personal data from falling into the wrong hands, which is becoming one of the most pressing issues facing humanity today. Our personal data and our digital footprints are critical parts of our identity and can be used against us in many ways if we don’t protect them. Technology to protect personal data is needed because it’s too difficult for individuals to manage and protect their data without it.

“Our personal data has emerged as one of the most valuable things about us,” said PrivacyHawk CEO and co-founder, Aaron Mendes. “It also puts us each at enormous risk of fraud, identity theft, hacks, scams and spam. PrivacyHawk is building a future where people’s data can be automatically protected from falling into the wrong hands by reducing their digital footprints.”

“PrivacyHawk delivers personal data protection through robotic process automation and advanced technology, enabling individuals to confidently navigate the digital landscape without fear of data compromise,” said PrivacyHawk CTO and co-founder, Justin Wright. “We’re committed to a future where everyone has transparency and control over their personal data.”

PrivacyHawk will use the funds to support growth in sales, marketing and product development in its mission to protect personal data and reduce everyone’s risk of being targeted by fraud and cybercrimes. Product enhancements will include additional automation and the use of AI to help identify digital footprint vulnerabilities and optimize the ability to remove those exposures.

DrivenIQ Unveils Enhanced Capabilities to Rival Incumbent CDPs, Empowers Marketers to Achieve Simplified, Intuitive Approach to 1st Party Data

DrivenIQ Unveils Enhanced Capabilities to Rival Incumbent CDPs, Empowers Marketers to Achieve Simplified, Intuitive Approach to 1st Party Data

audience data 13 Jul 2023

DrivenIQ is now poised to be the single best solution for major retailers, brands, and media agencies looking to make the transition to a cookieless world.

DrivenIQ, a global leader in audience data and advertising technologies, today announced enhancements to its flagship Audience Management Platform, VisitIQ. These latest innovations empower enterprise marketers to ingest millions of records from disparate sources – such as customers lists, point of sale data, CRM data, sales logs, or disparate, inaccurate, or incomplete big data – then enrich and augment records in a legally compliant and marketable way in a matter of minutes down to the household and individual level.

These latest enhancements come when 71% of consumers expect personalization (1), yet marketers still depend on 3rd party cookies to power their marketing and customer experiences. DrivenIQ is now poised to be the single best solution for major retailers, brands, and media agencies looking to make the transition to a cookieless world.
Launched in February 2023, VisitIQ revolutionizes audience intelligence by offering marketers and researchers unparalleled consumer insights. The company’s proprietary Audience Management Platform (AMP) is powered by over 14 billion records deterministically linked to 660 million individuals across each device they own. Since its official launch, the platform has undergone continuous evolution. These recent enhancements are nothing short of remarkable for businesses and marketers to best understand online consumer behaviors and their ideal customers, and activate with 1st party data across all digital channels.

"Today’s customers expect brands and marketers to know what and when they want specific products or services,” said Albert Thompson, Founder and CEO of DrivenIQ. “This is nearly impossible given the media fragmentation that exists today, with 8 to 10 devices per person, per household. With our audience personalization capabilities and 360-degree customer views, businesses can implement the most impactful experience-based marketing campaigns to engage their audiences across every digital platform. This is the future of audience data in a cookieless world.”

VisitIQ is also exceptionally flexible, offering marketers the ability to tailor their strategies to specific audience needs, from demographic to real estate to brand awareness or any custom audience they choose, without rigid methodology. Though marketing applications are immediately top of mind, VisitIQ’s use cases run the gamut from facilitating research, business intelligence, and analytics, to greatly enhancing R&D, inventory management, services expansion, and loyalty programs.

This news comes on the heels of DrivenIQ’s announcement that it is now an official data partner and audience data provider for Basis® Technologies, expanding DrivenIQ’s activation reach to new heights in Connected TV, OTT, and programmatic audio and media buying. What’s more, DrivenIQ recently partnered with Roqad, bringing the world’s most comprehensive deterministic and probabilistic data to Europe, Canada, and the U.S., as well as the ability to activate data across virtually every digital pathway, including UID 2.0.

Thompson continued, “These latest VisitIQ enhancements and DrivenIQ partners such as Basis® and Roqad, as well as our work with Google Ads and DSP programmatic buying capabilities, give brands the ability to reach customers through expanded datasets that can be activated across all media in minutes. They can also resolve the identity of consumers visiting their websites with our ResolveID technology. Our data and technologies set a new standard in audience curation and media campaigns for businesses around the globe.”

Thompson says that the ultimate outcome of VisitIQ's capabilities is maximizing marketing ROI and effectiveness.

Michael Pruitt, President of Capstone Technologies Group Inc, a majority investor in DrivenIQ, weighed in on these latest developments.

“We seek out companies that improve business operations and contribute to the betterment of our world through innovation,” said Pruitt. “VisitIQ’s recent enhancements epitomize this ideal, as it harnesses the power of data to revolutionize the advertising landscape. We fundamentally believe that investing in companies like DrivenIQ not only ensures their continued growth, but also propels us forward to a future where technology revolutionizes how we operate business. I am proud that we are driving progress and shaping a world where innovation is the cornerstone of success.”

Capstone (OTC: CATG), a company that acquires, operates, and organically develops disruptive technologies, acquired an initial minority interest in DrivenIQ and has since invested additional capital to further access small, medium, and large businesses across various industries.

Roku and FreeWheel Announce Strategic Partnership to Bring Roku’s Leading Ad Tech to FreeWheel Customers

Roku and FreeWheel Announce Strategic Partnership to Bring Roku’s Leading Ad Tech to FreeWheel Customers

advertising 13 Jul 2023

The collaboration fuels greater interoperability, automation, quality and results for publishers.

Roku , the No. 1 TV streaming platform in the U.S., Canada, and Mexico*, and FreeWheel today announced a new partnership that will bring forth a suite of industry solutions to unlock the full value of streaming TV for advertisers and publishers.

As part of this collaboration, the two companies will be launching new technological offerings that aim to simplify, optimize and enhance TV streaming. The effort is especially timely and noteworthy as the industry approaches a critical time in TV streaming’s evolution. Per Nielsen, time spent with streaming TV surpassed broadcast and cable for the first time since 2022. Additionally, eMarketer projects 57% of U.S. digital video users will stream an advertising-based video on demand (AVOD) service this year.

Having solutions aimed at driving greater interoperability and automation will help accelerate this growth.

Key highlights of this collaboration include:

  • Streamlined Integration: Roku has now integrated its demand application programming interface (dAPI) with FreeWheel’s TV platform. Roku’s demand API gives publishers direct, automatic and real-time access to more advertiser demand. This enhanced integration allows for streamlined ad operation workflows and better inventory quality control, both of which will improve publisher yield and revenue.
  • Seamless Data Targeting: Publishers can now use Roku platform signals to enable advertisers to target audiences and measure campaign performance without relying on cookies. Additionally, FreeWheel and Roku will rely on data clean room technology to enable the activation of additional data sets providing better measurement and monetization to publishers and agencies.
  • Inventory Quality: FreeWheel will leverage Roku’s Watermark solution to prevent sophisticated invalid traffic (IVT)/fraud in TV streaming in partnership with cybersecurity company HUMAN Security, through its robust MediaGuard solution that ensures ad inventory is reaching real humans. Roku’s Advertising Watermark is the industry’s first authentication solution built for TV streaming and gives marketers the confidence that their advertising spend is reaching real streamers. The technology helps marketers and publishers prevent device spoofing and app spoofing by validating ad measurement signals.

“Our goal is to create a better TV experience for our partners and consumers,” said Youssef Ben-Youssef, Senior Director, Technology Partnerships, Roku. “This new collaboration brings together an industry-leading blend of data, tech and reporting to accelerate the shift from traditional TV to streaming TV.”

“There is a lot of synergy, energy and a shared sense of purpose behind our work with Roku,” said FreeWheel Chief Strategy Officer Soo Jin Oh. “At FreeWheel, we believe the industry is stronger and better when we collectively help solve today’s problems while creating future innovation. And so, it’s our hope that this new initiative will help pave the way for greater simplicity, optimization and an even more improved experience for the TV advertising ecosystem.”

Introducing Wault: Empowering Consumers to Monetize Their Personal Data Through Selective Sharing

Introducing Wault: Empowering Consumers to Monetize Their Personal Data Through Selective Sharing

technology 13 Jul 2023

Individuals can now invest in this revolutionary technology and be part of its future success.

WYMSICAL, a leading technology company specializing in data authentication and security, and creator of the revolutionary Wault Software, is proud to announce the launch of its groundbreaking capabilities for consumers to monetize their personal data. Online users can receive rewards and incentives simply by sharing anonymous demographic information to advertisers. This data is then utilized to tailor ads to the specific interests and preferences of the user, resulting in a personalized and engaging experience that benefits both buyers and sellers.

“For decades, brands and marketers have reaped the benefits of consumer data without giving individuals a say or fair compensation,” said Liwen Yaacoby, Co-founder and CEO of WYMSICAL. “The tables have turned. With Wault, consumers finally have the power to take control of their personal information, decide who to share it with, and be rewarded at the same time. It's a game-changing shift that empowers individuals to be active participants in the data economy and rewarded for the value their data brings. Wault leads the way, ensuring individuals are no longer passive subjects but active beneficiaries of their personal information.”

Today’s announcement comes at a critical time when third-party cookies are quickly vanishing and brands are scrambling to find ways to reach consumers in the digital marketing industry, with expected revenues to reach $1 trillion in 2023 (1). Zero-party data that is shared directly by consumers at their discretion, facilitated and provided by Wault, presents a significant advertising opportunity. Simultaneously, Wault presents an entirely new opportunity for consumers to be rewarded for sharing their information, at their choosing and control.

Wault is a powerful platform that combines secure document storage and sharing with user authentication and verified credentials. Unlike traditional collaboration platforms, Wault provides an immutable environment for housing and exchanging verified documents, protecting sensitive information from unauthorized changes. Wault users decide who, when, where, and for how long their information is shared. Authenticated access is granted, providing peace of mind and a revolutionary approach to data security.

In addition to the groundbreaking ways users can earn compensation for their online activities, advertisers can also gain access to verified and relevant consumer data, enabling them to deliver highly targeted advertisements. This tailored approach enhances customer satisfaction, as potential buyers discover products that align perfectly with their interests. At the same time, sellers benefit from improved marketing efficiency, as their ads reach the right audience with precision. Wault presents a win-win solution that drives value for all parties.

“What’s most important is our unwavering commitment to user control and privacy," Yaacoby continued. “We ensure that large corporations can no longer harvest and exploit personal data without consent or compensation. By returning control to the hands of the user, Wault revolutionizes ethical data collection and utilization, ultimately improving consumer satisfaction."

Wault goes beyond data monetization with its protective capabilities and safeguards regarding children. In an age when digital content is abundant and oftentimes inappropriate, Wault's mission is to provide parents with the tools they need to ensure their childrens’ online safety. With Wault's robust security measures, parents can control and filter the content their kids have access to, granting peace of mind and fostering a secure digital environment. Wault also prevents AI and human hacking to unmitigatedly secure the identity of children.

As the digital landscape evolves, the need for advanced encryption, immutability, and authentication has never been more important. Wault addresses these needs head-on, offering a secure, user-centric platform that revolutionizes the way personal data is managed, shared, and monetized.

Today, WYMSICAL also officially announced that individuals can become stakeholders in Wault and benefit from the potential growth and value of this game-changing technology. Wault’s innovative approach to data security, authentication, and monetization aims to redefine the landscape of digital privacy and emerge as a leader in the industry. Don't miss the chance to get in on the ground floor of this investment opportunity.

Tamr Announces Investment by Alteryx Ventures

Tamr Announces Investment by Alteryx Ventures

data management 13 Jul 2023

Investment will further enable the development of data products, which are the best version of data for actionable insights

Tamr, Inc. , the leader in data products today announced an investment from Alteryx, the analytics cloud platform company, via Alteryx Ventures. Alteryx Ventures is a strategic investor in companies that complement and expand Alteryx’s analytics and data science products. This investment will further enable Tamr’s delivery of accessible, trustworthy, and high-quality data products tailored to the needs of data consumers in the modern data-driven, analytically savvy enterprise.

In today's data-driven landscape, business leaders have seen success in democratizing analytics, allowing organizations to harness the power of data for decision-making. With the increasing adoption of artificial intelligence (AI) technologies, organizations will require cleaner and more reliable data to fully leverage analytics and AI's potential. Alteryx and Tamr understand this critical need to develop data solutions that empower businesses with accessible and trustworthy data.

“Our investment in Tamr is a testament to Alteryx's commitment to delivering best-in-class data quality and analytics solutions for our customers. Tamr's unique approach to delivering data products aligns with our efforts to provide accessible analytics insights and trustworthy data that drive informed decision-making,” said Resham Mehta, Vice President and Head of Alteryx Ventures.

Tamr helps organizations master their data as they are blending and transforming it. With Tamr’s machine learning-driven data products, organizations can deliver clean, curated, and continuously updated data through their cloud data warehouse to data consumers across their enterprise. Using the enrichment capabilities that are built into Tamr’s data products, organizations can easily add additional data from third-party sources to increase the quality, completeness, and value of their data. As a result, customers who use Tamr have cleaner, more complete data for use in other applications, including Alteryx.

"We are thrilled to have Alteryx, a true leader in analytics automation, as an investor. This strategic investment will enable us to enhance our data product platform further," said Anthony Deighton, Data Products General Manager at Tamr.

Advanced Influencer Marketing Programs Deliver a 6.2x Greater YoY Increase in Annual Revenue

Advanced Influencer Marketing Programs Deliver a 6.2x Greater YoY Increase in Annual Revenue

reports 13 Jul 2023

CreatorIQ report shows direct correlation between creator investment and increased brand ROI. The company is leading the development of the Return-On-Creator-Spend (ROCS) metric to help advertisers measure the impact of creator-led efforts against traditional digital channels

CreatorIQ, the end-to-end creator marketing platform powering efforts for over 1,000 brands and agencies, today released findings from its Unleashing the Power of Creators report, demonstrating a direct correlation between influencer marketing investment and increased ROI.

According to the report, conducted by independent research firm Aberdeen Strategy & Research, brands with the most advanced influencer marketing programs see far better results from their efforts than competitors with less sophisticated influencer marketing programs.

Influencer Marketing Leaders — defined as brands in the top 20% in metrics like impressions, engagement, conversion, and annual revenue attributed to influencer marketing efforts — outperformed the lower 80% in year-over-year improvement across KPIs in all stages of the funnel. These Influencer Marketing Leaders saw:

  • 9.1x greater improvement in impressions
  • 8.2x greater improvement in engagement
  • 11.7x greater improvement in conversion rates

The study also noted far greater YoY increases in customer retention, brand sentiment, customer satisfaction, and average customer profit margin among the top 20% of brands versus competitors.

Perhaps most importantly, heightened influencer marketing efforts contributed to a 6.2x greater YoY improvement in annual revenue, leading to a Return-On-Creator-Spend (ROCS) of $4.70 on every dollar invested in influencer marketing programs. CreatorIQ is leading the development of the ROCS metric to help brands holistically measure the impact of creator-led marketing programs against traditional digital channels.

As a result, brands in the top 20% of influencer marketing spend say that they plan to invest 30% more in their influencer marketing programs on average in the future. While brands have increased spending on both digital advertising and creator marketing in the last year, the report shows that brands anticipate increasing their investment in creator marketing programs at a rate 13% higher than digital advertising.

“The time to adopt and scale creator marketing efforts is now,” said Tim Sovay, Chief Business Development & Partnerships Officer at CreatorIQ. “And the more advanced brands get with their influencer marketing efforts, the wider the gap they create between themselves and competitors across every KPI, including revenue. With investment in creator marketing solutions only increasing in the years ahead, brands lacking a solid strategy and solution will only get left further behind.”

Unleashing the Power of Creators is based on a survey of over 200 marketing executives in the U.S. and U.K. across multiple industries, including Beauty, Consumer Electronics/CPG, Gaming, Media/Entertainment, Retail/Fashion, and Food/Beverage. Click here to download the full report for free.

The report comes on the heels of CreatorIQ’s brand and agency survey, where 67% of marketers reported increasing creator investment YoY, with 76% of these organizations diverting funds from other marketing functions. This is mainly due to advancements in measurement solutions, which helped 94% of organizations understand and attribute sales to creator efforts.

   

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