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adMarketplace Expands Team with Key Hires from Google, Walmart, and Yahoo

adMarketplace Expands Team with Key Hires from Google, Walmart, and Yahoo

advertising 5 Jun 2024

With the addition of a VP of Sales, General Counsel, and Germany Country Manager, adMarketplace leads in growth and expansion, challenging the status quo amid industry job cuts. 

adMarketplace, a leading search advertising company, has announced the addition of three key new hires to expand its capabilities and continue delivering incremental revenue to the world's largest advertisers. These strategic hires bring extensive experience from industry giants like Google, Walmart, and Yahoo, positioning adMarketplace for significant growth and innovation in the search advertising sector.

New Key Hires

  • Dave Hollander, VP of Sales:
    • Background: Joins from Google where he led sales enablement strategy and operations across the U.S. and EMEA.
    • Experience: Over nine years at Google, managing multiple sales teams for enterprise performance clients.
  • Michael Kraver, General Counsel:
    • Background: Previously managed a legal team at Walmart supporting emerging technology initiatives.
    • Role: Will oversee all legal aspects of adMarketplace’s operations.
  • Reza Najib, Country Manager for Germany:
    • Background: Formerly at Yahoo, managing products across Search, Native, Display, and Video ad formats.
    • Role: First full-time hire in Germany, aiming to expand adMarketplace's presence in the European market.

Market Expansion and Innovation

  • Transformation in Search Advertising: adMarketplace is capitalizing on the ongoing transformation of search on the open web.
  • Strategic Goals: Enhancing offerings and market reach to meet growing demands for diversified and innovative search advertising solutions.

Leadership Endorsement

  • Adam Epstein's Statement: Co-CEO and President of adMarketplace, Adam Epstein, expressed excitement about the new hires, emphasizing their role in driving global innovation and disruption in the search advertising space.
  • Company Vision: With unmatched volume and value for advertisers and publishers, adMarketplace is poised to meet the evolving challenges of the market.

The addition of Dave Hollander, Michael Kraver, and Reza Najib to adMarketplace’s leadership team marks a significant milestone in the company's growth strategy. Their combined expertise from leading tech companies will drive adMarketplace’s mission to innovate and expand in the global search advertising market, ensuring continued value for advertisers and publishers.

OpenX Expands TV by OpenX to Global Markets and Enhances US Offering

OpenX Expands TV by OpenX to Global Markets and Enhances US Offering

advertising 5 Jun 2024

OpenX advances its ongoing initiative to combine the benefits of linear plus the performance enhancements of CTV.

OpenX Technologies, Inc., a leading omnichannel supply-side platform, announced the international expansion of TV by OpenX to seven new markets: Australia, France, Germany, Italy, Japan, Spain, and the United Kingdom. Alongside this global expansion, OpenX is enhancing its US TV offering to deliver differentiated, data-driven curation to high-quality, biddable CTV.

Global Expansion

  • New Markets: TV by OpenX now available in Australia, France, Germany, Italy, Japan, Spain, and the UK.
  • Transparency and Quality: Exclusive broadcast-quality and direct inventory, excluding resellers, ad networks, and other non-premium sources.
  • Buyer Benefits: Target viewers across CTV with direct, premium, and targetable inventory from global broadcasters and publishers.

Benefits of TV by OpenX

  • Improved Transparency and Control: Direct-sourced inventory and log-level reporting provide complete visibility into impressions.
  • Increased Monetization: Since its US launch, publishers have seen a 22% increase in monetized impressions, highlighting the demand for premium, biddable environments.

Enhancements in the US

  • Focus on Data-Driven Curation: Combining future-proofed data-driven curation with high-quality, transparent CTV.
  • Audience Targeting: Leverage OpenX’s supply-side graph to target audiences across direct CTV inventory.
  • Data Partners: Access to 250+ data partners, including Captify, Samba TV, and TVision, for precise audience targeting via cross-platform identity graph.
  • Political Advertising: Enable political advertisers to reach high-value audiences with ACR audiences from Samba TV.

Leadership Endorsements

  • Matt Sattel's Statement: SVP of buyer development at OpenX, emphasizes the success and innovation brought by the global expansion and US enhancements.
  • Doug Cuesta's Statement: Senior director at Captify, highlights the value of direct, transparent inventory and the unique ability to match IDs to CTV devices.

The international expansion and US enhancements of TV by OpenX mark a significant milestone in OpenX’s mission to deliver premium advertising experiences. By improving transparency, control, and data-driven targeting, OpenX continues to provide exceptional value to both buyers and publishers in the evolving CTV landscape.

LOKKER Launches Consent Verification Tool for Privacy Compliance

LOKKER Launches Consent Verification Tool for Privacy Compliance

data management 5 Jun 2024

Provides businesses with insight into whether their consent management tool is working properly

LOKKER, a leading provider of online data privacy and compliance solutions for enterprises, has unveiled Consent Verification, a new feature in their Privacy Edge Platform. This tool offers businesses a straightforward method to verify if their consent banners are correctly configured and functioning, a critical need as new state and federal privacy laws mandate consumer data consent management.

Importance of Consent Verification

  • Research Findings: Over 90% of consent banners are improperly configured.
  • Legal Requirements: New laws require consumers to opt in or opt out of data sharing with third parties and trackers.
  • Consumer Trust: Ensuring consent banners work as intended is crucial for maintaining consumer trust and legal compliance.

Issues Identified by LOKKER's Research

  • Premature Data Loading: On average, 33 cookies load before any interaction with the consent banner.
  • Misconfigured Tags: Many websites load cookies and trackers incorrectly, even after users select "Reject All."
  • Compliance Risks: These issues can result in privacy violations and potential legal repercussions.

How Consent Verification Works

  • User State Analysis: Evaluates website behavior in three user states – accepting all, rejecting all, or no interaction.
  • Detailed Reporting: Provides insights into:
    • Active cookies, trackers, and tags for each user state.
    • Their locations on the website.
    • Unauthorized loads in the "Reject All" state.
    • Hidden tags, pixels, and trackers not shown in the consent banner.
    • Piggybacking tags that appear without the website owner’s placement.

Benefits of Consent Verification

  • Real-Time Adaptation: Keeps up with the near-daily changes in the ad tech ecosystem.
  • Enhanced Control: Helps businesses identify and rectify issues before they escalate.
  • Compliance Assurance: Ensures alignment with privacy laws like the Washington My Health, My Data Act, which requires opt-in data sharing.

Leadership Insights

  • Ian Cohen's Statement: CEO of LOKKER emphasizes the necessity of advanced tools to prevent unauthorized data collection and maintain compliance.
  • Operational Impact: Consent Verification provides a critical layer of defense against non-compliance, reducing the risk of financial and reputational damage.

LOKKER’s Consent Verification tool is a vital addition for businesses aiming to ensure their consent management systems are properly configured and compliant with evolving privacy laws. By offering detailed insights and real-time updates, it helps organizations protect consumer data, maintain legal compliance, and build trust with their users.

Viant Expands Adtricity Program with Groundbreaking Supply Decarbonization Initiative

Viant Expands Adtricity Program with Groundbreaking Supply Decarbonization Initiative

advertising 5 Jun 2024

Adtricity® Now Delivers Net-Zero Emissions Across Viant’s Programmatic Supply Chain 

Viant Technology Inc. a leading advertising technology company, has announced a significant expansion of its flagship sustainability program, Adtricity. Central to this expansion is the innovative Supply Decarbonization Initiative, which ensures that all ad campaigns executed through Viant’s demand-side platform (DSP) are powered by 100% renewable energy. This initiative aims to make the entire programmatic supply chain carbon-neutral, including supply-side platform (SSP) and publisher emissions.

Supply Decarbonization Initiative

  • Objective: Achieve a carbon-neutral digital advertising supply chain.
  • Implementation: Ensures all ad campaigns on Viant’s DSP are powered by renewable energy.
  • Scope: Extends to the entire programmatic supply chain, including SSP and publisher emissions.

Carbon Label Introduction

  • Transparency for Consumers: Introduction of a “Carbon Label” – a green leaf icon on digital ads.
  • Purpose: Indicates ads delivered through the purchase of renewable energy.
  • Consumer Confidence: Reinforces Viant's commitment to sustainability and informs consumers about the environmental impact of their interactions.

Leadership and Commitment

  • CEO's Statement: Tim Vanderhook, CEO and Co-Founder, emphasizes the initiative as a step towards a sustainable future in digital advertising.
  • Industry Leadership: Viant is setting a precedent for carbon-neutral digital ad campaigns.

Endorsements and Support

  • Industry Recognition: Rob Davis, President and CMO of Novus Media, acknowledges Viant’s leadership in carbon reduction.
  • Collaborative Efforts: Viant’s initiatives are supported by clients and industry leaders.

Milestones in Viant’s Sustainability Journey

  • Founding Member of U.S. Ad Net Zero: Established to drive industry-wide sustainability.
  • Green-e® Certification: Ensures Adtricity’s renewable energy meets North American standards.
  • Consumer Sustainability Study: Highlights the importance of sustainability in consumer choices.
  • Carbon Emissions Calculator: Allows advertisers to estimate RECs earned through Adtricity.
  • Supply Path Optimization: Reduces both costs and carbon emissions through Viant’s Direct Access program.
  • Infrastructure Rebuild: Achieved a reduction of 526 metric tons of CO2 per year.
  • Carbon Neutrality: Viant achieved company-wide carbon neutrality in 2023.
  • Sustainability Report: Released its first sustainability report in February 2024.

Viant’s expansion of the Adtricity program with the Supply Decarbonization Initiative marks a significant step towards a sustainable future in digital advertising. By ensuring a carbon-neutral supply chain and introducing the Carbon Label, Viant demonstrates its commitment to transparency, sustainability, and innovation, setting a new standard for the industry.

Integral Ad Science Launches Industry's First Deepfake Measurement Tool

Integral Ad Science Launches Industry's First Deepfake Measurement Tool

data management 5 Jun 2024

Innovation Builds Upon IAS's AI-Driven Misinformation Reporting To Safeguard Brands Ahead of U.S. Elections

Integral Ad Science, a leading global media measurement and optimization platform, has announced the launch of the industry's first deepfake measurement offering. Currently in Beta testing, this innovative tool enables advertisers to verify the safety and suitability of their digital media investments using AI-powered technology, aligning with the Global Alliance for Responsible Media (GARM)-defined Brand Safety Floor and Suitability Framework.

Importance of Deepfake Detection

  • Rising Threat: Deepfake content is increasingly prevalent, posing significant risks to brand safety.
  • Proactive Solution: IAS's deepfake measurement offering helps advertisers avoid running ads adjacent to manipulated content, especially important ahead of critical events like the U.S. elections.

Features of IAS's Deepfake Detection

  • AI-Driven Multimedia Technology: Utilizes frame-by-frame analysis for high accuracy in detecting visual manipulations.
  • Misinformation Categorization: Integrates with IAS's existing brand safety products to enhance misinformation detection capabilities.
  • GARM Framework Alignment: Ensures content authenticity according to industry standards.

Leadership Insights

  • Lisa Utzschneider, CEO of IAS: Emphasizes the need for reliable partners and data to help marketers safeguard their brands against deepfake and misinformation threats.
  • Kumaresh Singh, SVP, Data Science of IAS: Highlights the accuracy and scalability of IAS's multimedia technology, and the commitment to continuous development and rigorous testing.

Technical and Operational Details

  • Deepfake Signals: Detects faceswaps and other AI-synthesized visual manipulations.
  • Benchmarking and Accuracy: Claims up to 74% greater accuracy, benchmarked against open-source frameworks and internal classification systems.
  • Customer Partnership: Focuses on developing video-first solutions in collaboration with clients.

Benefits for Advertisers

  • Actionable Data: Provides advertisers with reliable data to mitigate risks associated with deepfake content.
  • Enhanced Brand Safety: Ensures digital media investments are protected against misinformation and harmful content.
  • Future-Ready Technology: Positions advertisers to handle emerging threats in digital media.

Integral Ad Science’s deepfake measurement tool marks a significant advancement in the fight against misinformation and harmful digital content. By leveraging cutting-edge AI technology, IAS empowers advertisers to safeguard their brands with unprecedented accuracy and reliability, reinforcing their commitment to maintaining brand safety and integrity in the digital media landscape.

Storyblok Secures $80M Series C to Drive AI-Powered Content Management

Storyblok Secures $80M Series C to Drive AI-Powered Content Management

content syndication 5 Jun 2024

The company also launched the Ideation Room beta, which previews its vision to build the first end-to-end content platform, powered by AI and automation 

Storyblok, a modern content management system (CMS) designed for all teams, has successfully closed an $80 million Series C financing round, bringing its total funding to $138 million. Led by Brighton Park Capital, with participation from existing investors HV Capital, Mubadala Capital, 3VC, and firstminute capital, this funding will propel Storyblok's expansion in the US and Europe and support its vision of creating the first end-to-end content platform powered by AI and automation.

Funding and Investment

  • Series C Financing: Raised $80 million, totaling $138 million in funding.
  • Lead Investors: Brighton Park Capital, with significant contributions from HV Capital, Mubadala Capital, 3VC, and firstminute capital.
  • Growth Focus: Accelerate expansion in the US and Europe to strengthen market presence.

Storyblok's Impact and User Base

  • Adoption by Major Brands: Over 200,000 developers and marketers from brands like Adidas, T-Mobile, Renault, and Oatly use Storyblok.
  • Global Team: Fully-remote team comprising 240 people across 45 countries.

New Developments: The Ideation Room

  • Public Beta Launch: Introduction of the Ideation Room, a centralized and collaborative space for teams to brainstorm and develop content ideas.
  • AI Integration: Utilizes AI to enhance content creation, improving efficiency and innovation in the early stages of the content process.

Vision and Leadership Insights

  • Dominik Angerer, CEO and Co-Founder: Emphasizes the importance of consistent content experiences and the need for businesses to keep up with consumer expectations.
  • Kevin Magan, Partner at Brighton Park Capital: Highlights Storyblok's differentiation and rapid growth, expressing confidence in the company’s continued success.
  • Ibrahim Ajami, Head of Ventures at Mubadala Capital: Notes the remarkable scaling of Storyblok since their Series A investment, reinforcing the product’s unique value and quality.

Market Challenges and Opportunities

  • Business Pain Points: Research indicates 48% of businesses are dissatisfied with their website content, struggling to meet consumer expectations.
  • ROI and Efficiency: Storyblok aims to help teams deliver modern content experiences quickly and efficiently, providing best-in-class return on investment.

Future Plans and Strategic Goals

  • AI and Automation: Invest in developing AI and automation tools to enhance content management throughout the content lifecycle.
  • Expansion Strategy: Leverage new funding to build a robust presence in key markets and continue scaling operations globally.

With the recent $80 million Series C funding, Storyblok is set to accelerate its growth in the US and Europe, further solidifying its position as a leader in the CMS space. The introduction of the AI-powered Ideation Room underscores Storyblok's commitment to innovation and helping businesses create exceptional content experiences.

 Lucid Software Enhances Visual Collaboration with Intelligent Product Capabilities

Lucid Software Enhances Visual Collaboration with Intelligent Product Capabilities

technology 5 Jun 2024

Lucid Software, a leader in visual collaboration, has unveiled new intelligent product capabilities designed to enhance team coordination and alignment. These innovations aim to streamline workflows, drive efficiency, and foster innovation, essential for organizational success in a hybrid work environment.

Enhanced Team Collaboration Tools

  • Team Hubs:

    • Centralized Workspace: A one-stop shop for team-related needs, including projects, workflows, documents, and status updates.
    • Streamlined Access: Easy addition of team members to ensure everyone has access to necessary information and updates.
    • Improved Cross-functional Projects: Contributors can be added to projects with automatic access to all relevant documentation.
  • Survey Insights:

    • Communication Challenges: 75% of hybrid team employees cite ineffective communication and collaboration as major obstacles.
    • Project Alignment Issues: 41% of teams struggle with alignment, resource location, task ownership, and visualizing project status.
    • Solution: Team hubs provide a dynamic space for strategizing, aligning, and making informed decisions.

AI-Powered Features

  • AI-Driven Diagram Generation in Lucidchart:

    • Auto-Generate Diagrams: Quickly create diagrams with AI assistance.
    • Iterative Improvements: Users can refine diagrams through typed prompts.
    • Streamlined Workflow: Enhanced efficiency in creating complex diagrams.
  • Microsoft Copilot Integration:

    • Seamless Document Retrieval: Easily access Lucid documents within Microsoft tools.
    • AI-Generated Summaries: Quickly get summaries of documents to save time and streamline workflows.

Continued Innovation in Diagramming

  • New Diagramming Features:
    • Quick Shape Changes: Rapidly alter diagram shapes for better visual representation.
    • Automatic Branching: Efficiently create and expand diagrams.
    • Quick Shape Banks and Actions: Access essential items like sticky notes and stickers directly within Lucidchart.

Lucid Software's latest intelligent product capabilities, including team hubs and AI-powered diagram generation, address the critical challenges of hybrid collaboration. These innovations enhance efficiency, improve alignment, and empower teams to make confident decisions, reinforcing Lucid Software’s position as a leader in visual collaboration.

Bridging the Divide: Gartner Survey Reveals Gaps in Marketing and Sales Collaboration

Bridging the Divide: Gartner Survey Reveals Gaps in Marketing and Sales Collaboration

marketing 5 Jun 2024

Experts Explore How Cross-Functional Alignment Can Drive Outsized Results During Gartner Marketing Symposium/Xpo, June 3-5 in Denver 

According to Gartner's recent survey of senior marketing and sales leaders, collaboration between marketing and sales teams remains severely lacking, with key commercial activities often missing contributions from either side. This article explores the survey findings, highlighting the implications of poor collaboration and the opportunities for growth through strategic alignment.

Survey Insights on Collaboration

  • Low Collaboration Rate: Only three out of 15 commercial activities involve collaboration between marketing and sales teams.
  • Conflicting Priorities: 90% of respondents report conflicts in functional priorities between marketing and sales.

Importance of Strategic Collaboration

  • Impact on Commercial Results: Strategic collaboration between marketing and sales is crucial for generating stronger commercial outcomes.
  • Double Success Likelihood: Organizations achieve double the likelihood of commercial success when marketing and sales collaborate on buyer journey insights.

Shared Buyer Journey Insights

  • Enhanced Sales Conversion: Organizations with shared buyer journey insights experience 2.3x higher sales conversion rates.
  • Limited Collaboration: Despite the benefits, 60% of survey respondents lack shared buyer journey insights.

Omnichannel Buyer Journeys

  • Profit Growth Potential: Organizations offering rep-led and self-service interactions are 3.9x more likely to exceed profit growth expectations.
  • Hybrid Journey Design: Optimizing both digital and human channels signals the future of B2B buying.

Sales Enablement and Buyer Support

  • Aligned Content and Tools: Effective sales enablement involves aligning content and tools with buyer needs and dynamics.
  • Cross-functional Alignment: True alignment between marketing and sales sparks growth by avoiding disjointed efforts.

Gartner's survey underscores the urgent need for improved collaboration between marketing and sales teams to drive commercial success. By leveraging shared insights, optimizing omnichannel buyer journeys, and enhancing sales enablement, organizations can unlock growth opportunities and better meet the evolving needs of B2B buyers.

   

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