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IAB Launches Diligence Platform to Simplify Privacy Compliance in Digital Advertising

IAB Launches Diligence Platform to Simplify Privacy Compliance in Digital Advertising

advertising 14 Aug 2024

Powered by SafeGuard Privacy, the Platform Offers Efficient, Scalable, and Industry-Specific Privacy Diligence for the Digital Advertising Industry

With 19 comprehensive state privacy laws currently in effect and more on the horizon, digital advertising has officially become a regulated industry. The changing legal landscape emphasizes accountability and transparency, particularly in conducting due diligence on partners who handle personal information in digital ad transactions. To address these challenges, the Interactive Advertising Bureau (IAB) has launched the IAB Diligence Platform, powered by SafeGuard Privacy. This platform offers a practical solution for third-party privacy due diligence, accessible to the entire digital advertising industry.

  1. Overview of the IAB Diligence Platform:

    • The IAB Diligence Platform is designed to meet the growing need for third-party privacy due diligence in digital advertising.
    • It is available to brands, agencies, ad tech companies, publishers, and platforms across the industry.
  2. Key Features of the Platform:

    • Advertising Industry-Specific Questions:
      • IAB working groups have developed standardized, industry-specific questionnaires tailored to digital advertising data flows and business use cases.
    • Efficiency and Scalability:
      • The platform streamlines the diligence process by allowing users to complete relevant questionnaires once and share them with current and prospective partners, reducing repetitive tasks and saving time.
    • Comprehensive Compliance:
      • The platform addresses current state privacy laws, including the Protecting Americans' Data from Foreign Adversaries Act and industry compliance initiatives like the Multi-State Privacy Agreement (MSPA).
  3. The Importance of Proactive Compliance:

    • David Cohen, CEO of IAB:
      • Stresses the importance of getting ahead of legal responsibilities and being proactive rather than reactive in privacy compliance.
    • Michael Hahn, EVP, General Counsel, IAB & IAB Tech Lab:
      • Highlights the necessity of third-party risk management in determining liability under state privacy laws.
  4. Collaboration and Industry Support:

    • The development of the IAB Diligence Platform was a collaborative effort, involving industry privacy lawyers and law firms within the Privacy Implementation and Accountability Task Force (PIAT).
    • Companies like Adform, Hershey, and Raptive actively supported the platform’s development, recognizing its potential to streamline compliance and enhance data protection.
  5. Real-World Impact on Digital Advertising:

    • John Piccone, Regional President, Americas, Adform:
      • Points to the platform's ability to streamline vendor due diligence, particularly for companies working with numerous partners.
    • Vinny Rinaldi, Head of Media, U.S. CMG & Salty, Hershey:
      • Notes how the platform helps manage privacy regulations and ensures advertising partners meet high data protection standards.
    • Paul Bannister, Chief Strategy Officer, Raptive:
      • Emphasizes the platform's role in centralizing compliance across multiple partners, keeping companies proactive in their privacy efforts.

The IAB Diligence Platform is a groundbreaking tool for the digital advertising industry, offering a comprehensive and scalable solution for third-party privacy due diligence. As privacy laws continue to evolve, this platform empowers businesses to stay ahead of their legal obligations, ensuring compliance and maintaining high data privacy standards. By adopting the IAB Diligence Platform, companies can confidently navigate the complexities of digital advertising in a regulated environment.

FreeWheel Launches Performance Suite to Enhance CTV Advertising with Advanced Identity Solutions

FreeWheel Launches Performance Suite to Enhance CTV Advertising with Advanced Identity Solutions

advertising 14 Aug 2024

The Performance Suite, available within FreeWheel’s Beeswax, enables automated and precise campaign optimization and measurement on CTV.

FreeWheel, a global technology leader in the TV industry, has announced the launch of the Performance Suite, available on its demand-side platform, Beeswax. The suite is designed to help advertisers reach their connected TV (CTV) performance goals with advanced, machine learning-based solutions and customizable tools. As CTV viewership rises, advertisers face challenges like signal loss and inaccurate targeting due to the instability of IP addresses. The Performance Suite addresses these issues by leveraging FreeWheel’s Identity Network, enabling precise targeting, optimization, and measurement.

  1. Challenges in CTV Advertising:

    • CTV buyers often rely on IP addresses, which are unstable identifiers, leading to inaccurate targeting, understated reach, and misattributed conversions.
    • The shift in CTV viewership presents new advertising opportunities but also increases the complexity of achieving measurable results.
  2. Introducing the Performance Suite:

    • Precise Targeting and Optimization:
      • Powered by FreeWheel’s Identity Network, the Performance Suite uses both deterministic and probabilistic identity resolution for accurate household targeting on CTV.
    • Efficient Custom Bidding:
      • The suite offers off-the-shelf, machine learning-based optimization models that use individual campaign data to improve performance, without needing extensive custom work.
    • Comprehensive Measurement Tools:
      • Advertisers can choose from a variety of measurement and reporting options, including Ghost Bidding, incrementality reporting, and granular log-level data, to prove campaign effectiveness.
  3. Key Features and Benefits:

    • Cost-Per-Acquisition (CPA) Bidding Strategy:
      • A CPA bidding strategy, tailored to each buyer’s campaign goals and data, helps reduce costs and increase conversions. For example, Optimal Media used this strategy to drive 40% more conversions with a 32% decrease in cost-per-acquisition for a national automotive client.
    • Increased Conversions and Efficiency:
      • The Performance Suite enables advertisers to reach their CTV performance goals more efficiently, optimizing their media spend and maximizing results.
  4. Industry Impact and Future Investments:

    • Client Success:
      • Optimal Media’s success story underscores the effectiveness of FreeWheel’s Performance Suite in achieving tangible results for clients in the competitive CTV landscape.
    • Ongoing Innovation:
      • FreeWheel is committed to continually enhancing the Performance Suite, focusing on delivering stronger performance and efficiency for buyers, and improving the overall CTV advertising experience.

The launch of FreeWheel's Performance Suite represents a significant advancement in CTV advertising, providing performance marketers with the tools they need to overcome the challenges of inaccurate targeting and inefficient optimization. By leveraging the FreeWheel Identity Network and machine learning-driven strategies, the suite offers precise targeting, efficient bidding, and comprehensive measurement, ensuring that advertisers can achieve their campaign goals while maximizing their budgets.

SnapLogic and Adobe Celebrate 10 Years of Partnership, Accelerating Data Transformation and Innovation

SnapLogic and Adobe Celebrate 10 Years of Partnership, Accelerating Data Transformation and Innovation

technology 14 Aug 2024

Leading software company reaps the benefits of SnapLogic’s integration platform to power business transformation

SnapLogic, the leader in generative integration, celebrates a decade-long partnership with Adobe, a global leader in digital experiences. This collaboration has been instrumental in Adobe’s data transformation journey, empowering the company to shift from traditional software delivery to a cloud-based SaaS model. With SnapLogic’s robust integration platform, Adobe has streamlined its operations across finance, marketing, and HR, enabling faster access to critical data and more efficient workflows.

  1. The Shift to SaaS:

    • Adobe transitioned from a downloadable software model to a SaaS-based approach, allowing for quicker innovation and cloud-based product delivery.
    • This shift required Adobe’s internal developers to access and integrate multiple data sources and applications efficiently, which was made possible with SnapLogic.
  2. SnapLogic’s Role in Adobe’s Transformation:

    • Modernizing Integration Strategy:
      • Adobe consolidated multiple integration platforms into a single solution with SnapLogic, empowering business users to build integrations quickly and independently.
      • SnapLogic has supported Adobe in managing integration pipelines that process billions of documents and APIs per month, crucial for its cloud operations.
    • Supporting Business Functions:
      • CRM Data Transformation:
        • Ensured real-time synchronization between sales and marketing, enabling Adobe to offer dynamic product previews and accelerate customer workflows.
      • Enhanced Marketing Campaigns:
        • Created integrated pipelines that track campaign effectiveness, refine messaging, and provide actionable insights to the sales team.
      • Streamlined Finance Workflows:
        • Simplified finance operations, improving the auditing process and reducing the time required for mission-critical reporting.
  3. Achievements and Future Outlook:

    • Impact on Adobe’s Business:
      • SnapLogic’s platform has been pivotal in driving Adobe’s growth and innovation, allowing for improved business processes and the development of new workflows.
    • Exploring Generative AI:
      • Adobe is excited to explore SnapLogic’s generative AI capabilities, particularly with the GenAI App Builder, to further enhance its digital transformation journey.
    • Commitment to Innovation:
      • Both companies are committed to continued collaboration, focusing on delivering impactful, AI-driven solutions that provide greater value and efficiency.

The decade-long partnership between SnapLogic and Adobe highlights the power of effective integration in driving business transformation. As Adobe continues to innovate and expand its SaaS offerings, SnapLogic remains a key partner in enabling seamless data integration, optimized workflows, and cutting-edge AI capabilities. This collaboration sets the stage for continued success as both companies explore new frontiers in digital and AI-driven innovation.

AtData and Yotpo Partner to Enhance Email Marketing with Improved Data Accuracy and Deliverability

AtData and Yotpo Partner to Enhance Email Marketing with Improved Data Accuracy and Deliverability

email marketing 14 Aug 2024

AtData today announced they have entered an integration partnership with Yotpo. AtData's goal is to provide Yotpo's email clients access to solutions for improved digital outreach to enhance marketing results by improving email deliverability, personalization and engagement.

AtData, the leader in email address intelligence, has announced a strategic integration partnership with Yotpo, the leading retention marketing platform. This collaboration aims to empower mutual customers by providing enhanced data accuracy and email deliverability, ultimately creating a stronger foundation for effective email marketing and customer engagement. By integrating AtData’s expertise into Yotpo’s platform, brands can now access a more robust suite of tools to drive better customer experiences and increase ROI.

  1. The Power of Accurate Data in Email Marketing:

    • Importance of Data Validation:
      • AtData specializes in validating and correcting email addresses, ensuring brands use accurate and up-to-date information for their email marketing campaigns.
      • Accurate data helps in preventing bounces, improving inbox placement, and maintaining a healthy sender reputation.
    • Enhancing Yotpo’s Platform:
      • By integrating AtData’s solutions, Yotpo enhances its platform’s capabilities, allowing brands to confidently link customer data and personalize their email marketing efforts.
  2. Seamless Integration for Improved Customer Journeys:

    • Combining Insights for Actionable Marketing:
      • Yotpo’s platform, known for its ability to turn customer insights into actionable marketing strategies, now benefits from AtData’s email-centric data validation and enrichment.
      • The integration simplifies the data exchange between the two systems, enabling brands to export lists into AtData’s system quickly, ensuring they are working with clean, validated data.
    • Boosting Email Deliverability and Engagement:
      • With a better data foundation, brands using Yotpo’s email marketing tools can experience increased deliverability rates, higher engagement, and more effective communication with their customers.
  3. Driving Revenue and ROI Through Enhanced Marketing Success:

    • Impact on Marketing Performance:
      • The partnership between AtData and Yotpo supports Yotpo’s mission to help brands create winning customer experiences throughout the ecommerce journey.
      • By improving the quality of consumer data, brands can maximize their email marketing strategies, leading to higher conversion rates and stronger customer relationships.
    • A Commitment to Innovation and Growth:
      • Both companies are dedicated to providing solutions that drive business growth and customer loyalty. This partnership exemplifies their commitment to delivering innovative tools that support brands in achieving their marketing goals.

The integration partnership between AtData and Yotpo marks a significant step forward in enhancing email marketing strategies for brands. By combining AtData’s leading email data solutions with Yotpo’s powerful retention marketing platform, brands can now enjoy improved data accuracy, better deliverability, and more personalized customer engagement. This collaboration not only strengthens the tools available to marketers but also paves the way for increased revenue and long-term customer loyalty.

Productboard Enhances Platform with AI and Welcomes New Executives to Drive Innovation

Productboard Enhances Platform with AI and Welcomes New Executives to Drive Innovation

technology 14 Aug 2024

New vice president of product and head of design to help leading enterprises like Salesforce, Zoom and Pitney Bowes better incorporate the voice of the customer at scale

Productboard, a leader in AI-powered, customer-centric product management, has unveiled significant advancements to its platform and announced two key executive hires. These updates are designed to enhance Productboard's offerings for its extensive customer base, particularly targeting larger organizations seeking to leverage AI effectively. With the latest AI features, Productboard now stands out as the only platform providing seamless integration of customer feedback for continuous product discovery at scale.

  1. Platform Advancements with AI Integration:

    • Continuous Product Discovery:
      • Productboard has integrated advanced AI capabilities that automate the categorization of customer feedback, linking it to relevant feature ideas and identifying trending topics.
      • The AI-driven platform now enables the writing of feature specifications based on summarized user feedback, significantly reducing the time product teams spend on data analysis.
    • Enhanced Enterprise Support:
      • The platform has been rearchitected to support large-scale deployments, accommodating hundreds of product initiatives and vast volumes of customer feedback.
      • Features include automated prioritization of product efforts and improved strategic planning capabilities, aligning with enterprise goals and boosting customer satisfaction.
  2. Impact on Product Teams and Business Outcomes:

    • Increased Efficiency and Productivity:
      • Companies like MDprospects have reported a 40% reduction in manual tracking time and a 30% boost in team productivity due to Productboard’s centralized feedback system.
      • The platform has also contributed to a 20% improvement in customer satisfaction scores by enabling more responsive and targeted product updates.
    • Strategic Benefits:
      • Productboard’s AI enhancements allow teams to focus more on strategy and less on data management, fostering better decision-making and more impactful product development.
  3. New Executive Hires to Drive Innovation:

    • Christian Marek – Vice President of Product:
      • Marek joins Productboard from DocuSign, where he drove significant user growth and product innovation. His expertise is expected to enhance Productboard’s product strategy and value for enterprise customers.
    • Benjamin Sanders – Head of Design:
      • With over 23 years of experience and a background with Atlassian, Sanders brings a strong focus on user experience. His role will involve advancing Productboard’s design strategy to better meet the needs of its users.

Productboard’s latest advancements in AI and the addition of industry veterans Christian Marek and Benjamin Sanders position the company for continued growth and innovation in product management. By integrating AI for continuous product discovery and expanding its leadership team, Productboard is set to deliver even greater value to its customers, supporting their efforts to bring market-leading products to fruition more efficiently.

Box Expands Intelligent Content Management with Alphamoon Acquisition

Box Expands Intelligent Content Management with Alphamoon Acquisition

content management 13 Aug 2024

Expands Box’s Intelligent Content Management Capabilities with AI-powered Document Processing and Metadata Extraction

Box, Inc., a leader in Intelligent Content Cloud, has recently made strategic moves to enhance its platform's capabilities. With the acquisition of Alphamoon's AI-powered intelligent document processing (IDP) technology and Crooze's no-code enterprise content management applications, Box is poised to revolutionize how enterprises manage and derive value from their content. This acquisition marks a significant step forward in the evolution of Intelligent Content Management (ICM), enabling the automation of document-related tasks and the extraction of valuable metadata across various industries.

Expanding Box's Intelligent Content Management Platform

  • Strategic Acquisition: Box's acquisition of Alphamoon and Crooze significantly strengthens its ICM platform.
  • Enhancing Box AI: Integrating Alphamoon's AI technology with Box AI boosts the platform's ability to automate tasks and manage metadata efficiently.
  • CEO's Vision: Aaron Levie, Co-Founder and CEO of Box, emphasizes the transformative potential of this acquisition for enterprise content management.

Innovation in Intelligent Document Processing (IDP)

  • Advanced OCR Technology: Alphamoon’s proprietary OCR technology enables intelligent understanding and structuring of complex documents at scale.
  • AI Integration: Leveraging third-party AI models like GPT-4 and Gemini, Box aims to innovate in metadata extraction, simplifying the structuring of unstructured content.
  • Enterprise-Grade Security: Box ensures that all AI implementations adhere to strict security policies, safeguarding customer data without additional training requirements.

Benefits for Customers

  • Automated Metadata Extraction: Box customers can now automate metadata extraction from various business documents, including invoices, contracts, and financial statements.
  • Streamlined Workflows: Extracted metadata can trigger automated workflows, such as alerting legal assistants to missing information in contracts.
  • Integration with External Applications: Enhanced metadata extraction can be integrated with applications like Salesforce, optimizing workflows such as loan processing.
  • Industry-Specific Applications: The technology supports specialized processes in industries like life sciences and financial services, enhancing the analysis of clinical studies and financial documents.

Box's acquisition of Alphamoon and Crooze represents a significant advancement in Intelligent Content Management. By integrating cutting-edge AI technologies, Box is set to deliver unprecedented automation capabilities, transforming how enterprises manage and utilize their content. This move not only strengthens Box's position in the market but also empowers customers with powerful tools to optimize their workflows and drive innovation.

Samba TV’s 2024 Viewership Report: OTT Surge and Ad-Supported Streaming Rise

Samba TV’s 2024 Viewership Report: OTT Surge and Ad-Supported Streaming Rise

advertising 13 Aug 2024

Streaming Gains Traction While Linear TV Fights to Maintain Audiences Amidst AI Innovations and Shifting Viewer Habits

Samba TV, a leader in omniscreen advertising and analytics, has released its State of Viewership Report for the first half of 2024. The report provides a comprehensive analysis of television consumption, revealing key trends that are shaping the advertising and television landscapes. With approximately 45 billion hours of linear and streaming TV analyzed, the report uncovers the growing role of AI in brand sponsorships, strategies for releasing new shows on streaming services, and the importance of optimizing cross-screen advertising campaigns. As the 2024 election season heats up, political and non-political advertisers alike must adapt to the shifting dynamics of viewership and ad strategies.

Key Trends in Television Viewership

  • Surge in OTT Consumption: U.S. households saw a 40% increase in over-the-top (OTT) content consumption in the first half of 2024, while linear TV experienced a 1% decline as more live events move to streaming platforms.
  • Rise of Ad-Supported Streaming: Ad-supported tiers of Subscription Video on Demand (SVOD) and Free Ad-Supported Streaming TV (FAST) are becoming crucial for advertisers to reach audiences who are shifting away from traditional cable and broadcast.
  • Streaming's Ubiquity and Challenges: With 99 million U.S. households watching OTT content, streaming has become widespread. However, preventing churn remains a challenge as many viewers subscribe to watch specific content and then leave.

Impact of Sports, Politics, and Original Content

  • Linear TV's Reliance on Live Events: The 2024 Super Bowl was the most-watched linear event, demonstrating the enduring appeal of live sports. However, the shift of sports to streaming platforms threatens linear TV's ability to retain viewers.
  • Political Events Drive Viewership: The first presidential debate of 2024 between Trump and Biden was the most-watched non-sports program, underscoring the importance of political events in maintaining linear TV audiences.
  • Streaming Originals Dominate: Streaming platforms are thriving on original content based on existing intellectual property (IP), with shows like Netflix’s "Fool Me Once" and Max’s "House of the Dragon" leading viewership.

Advertising Landscape Shifts

  • Entertainment Leads Ad Impressions: Entertainment remains the top vertical for ad impressions, accounting for 18% across linear and OTT platforms.
  • Growth in Niche Sectors: The Pharmaceutical & Medical, Health & Beauty, and Pet industries have all increased their share of ad impressions, reflecting the dynamic nature of the advertising landscape.

The State of Viewership Report highlights the ongoing transformation in how audiences consume content, with a clear shift toward OTT and ad-supported streaming platforms. Advertisers must adapt to these changes by employing cross-channel strategies and leveraging advanced targeting capabilities to effectively engage audiences across multiple screens. As the 2024 election season intensifies, the ability to reach and resonate with diverse voter segments will be critical for political advertisers, while non-political advertisers must prepare for rising CPM rates in the highly competitive advertising environment.

Canva Launches Refreshed Brand System to Empower Global Workplaces

Canva Launches Refreshed Brand System to Empower Global Workplaces

technology 13 Aug 2024

Canva, the world’s leading visual communication platform, has unveiled a refreshed brand system designed to meet the evolving needs of workplaces worldwide. This new brand identity is crafted to scale globally while maintaining a strong local connection, reinforcing Canva’s mission to empower organizations and individuals alike in their design endeavors.

Empowering Canva’s Next Decade

  • Focus on Organizations: As Canva enters its second decade, it shifts its focus from individual empowerment to supporting organizations with robust design and productivity tools.
  • Global Workplace Trends: With the rise of distributed workforces, the demand for enhanced visual communication and collaboration has grown. Canva’s refreshed brand is tailored to meet these needs across diverse global workplaces.

Scaling an Iconic Brand

  • Simplification and Amplification: The brand refresh aims to simplify Canva’s iconic elements—such as its recognizable gradient and custom typeface—while creating more space for visual content that resonates with its diverse user base.
  • Hyper-Localization: Canva’s new brand system is designed to be culturally relevant and hyper-localized, ensuring it connects with varied audiences across different regions.

Key Elements of the Refreshed Brand System

  • Platform for Content: Inspired by Canva itself, the brand system allows for flexible content creation, with core assets remaining consistent while other elements can be customized for local relevance.
  • Integration of Brand and Product: The design layouts now mirror the user experience within Canva’s platform, featuring immersive full-screen moments and dynamic content flows.
  • Celebrating the Creative Process: The new brand system highlights the joy of creation, focusing on the process rather than just the finished product.
  • Humanizing the User Interface: Canva’s UI now features animated cursors, comments, and custom emojis that bring stories of connection and collaboration to life.
  • Accessible and Playful: The refreshed tone of voice enhances Canva’s playful personality, while a simplified color palette ensures accessibility, meeting AA standards for all users.

Built by Canva, in Canva

  • In-House Creative Process: Canva’s internal team used the platform’s design tools to execute the brand refresh, demonstrating its capability to scale a global brand consistently across a vast team.
  • Collaboration with Creative Agencies: Canva partnered with agencies Vucko and Buck to define the motion system and create a custom emoji style that reflects the updated brand identity.

Canva’s refreshed brand system marks a new chapter in its mission to democratize design, now extending its reach to empower workplaces around the globe. With a focus on scalability, cultural relevance, and user accessibility, Canva continues to redefine how the world works through design, supporting over 190 million monthly active users and achieving significant financial growth.

   

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