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NIQ Announces the Launch of the Full View™ - Measurement, the Next Evolution in CPG Market Insights

NIQ Announces the Launch of the Full View™ - Measurement, the Next Evolution in CPG Market Insights

technology 3 Apr 2024

Expanded offering of xAOC to bring Comprehensive, Actionable, and Customizable Coverage Insights without Blind Spots

NIQ is excited to unveil the Full ViewTM - Measurement, an evolution of core capabilities poised to transform the consumer intelligence industry. This expanded offering ensures that retailers, manufacturers, and the financial services community can access data. The Full ViewTM - Measurement will provide unmatched coverage, granularity, and accuracy by offering an omnichannel view that marries data across critical online retailers, direct-to-consumer brands, social commerce, quick commerce, and emerging e-commerce platforms. To further complement NIQ’s portfolio, the Full View TM - Measurement will offer an expanded version of xAOC, including account level-details from the U.S.’s largest online marketplace. 

With the Full View TM - Measurement, NIQ clients will benefit from a suite of features designed to provide a deep and broad understanding of the market. This advanced solution transcends basic analytics by revealing the intricacies of online and offline markets with unprecedented clarity, all available in client custom or syndicated data hierarchies. This data will empower NIQ clients to make informed decisions with greater confidence by consolidating comprehensive insights into NIQ’s Discover platform, providing unparalleled convenience and eliminating the need for multiple analytical tools.

"With the Full View TM - Measurement, we are redefining how the CPG industry views and utilizes data,” said Kim Cox, Managing Director of NA E-Commerce with NIQ. “Our unparalleled approach to integrating online and offline insights ensures our clients are always one step ahead in a rapidly evolving marketplace. Our expanded market coverage also uncovers blind spots for our CPG clients. They rely on us to provide comprehensive visibility into retail account performance and granular data, empowering them to make informed decisions for their growth strategies.”

Key benefits of NIQ’s Full View TM - Measurement solution include:

Expanded Coverage for a Comprehensive Market View: NIQ is expanding the horizons of market understanding by integrating new data sources to provide clients with the most actionable omnichannel insights. Today’s expanded xAOC offering ensures that retailers and manufacturers can access a full spectrum analysis of the CPG landscape, capturing nuanced consumer behavior and market trends and setting the stage for future enhancements.

Unmatched Granularity for Competitive Edge: NIQ has built the Full View TM - Measurement with a focus on granularity, not just increased coverage. Clients can delve deeper into retail accounts, categories, brands, and thousands of key product attributes, including size, form, flavor, and sustainability or ingredient profiles. This game-changer hasn't previously been available alongside sales volume for items on top e-commerce marketplaces. This competitive point of differentiation enables clients to analyze the market with a previously unavailable precision, offering insights down to the most minute details.

Minimize Private Label Blind Spots: Our standout feature surpasses competitors by thoroughly tracking private-label products. Using next-generation data techniques this capability addresses a crucial market blind spot, empowering brands with a comprehensive understanding of private label dynamics down to the item level.

Customization at Your Fingertips: The Full View TM - Measurement goes beyond standard analytics, offering customized hierarchy views that cater to clients' specific analysis needs and allow them to view the market through the lens that best suits their business strategies.

Accuracy, Power, and Convenience: The Full View TM - Measurement stands out for its unwavering commitment to accuracy. It empowers clients to make confident decisions based on billions of meticulously collected data points offered through a comprehensive suite of solutions. In addition to its accuracy, The Full View TM - Measurement's strength lies in its ability to merge what previously necessitated multiple tools into one seamlessly integrated solution. This amalgamation enhances users' convenience by providing a unified view and delivers powerful insights through intuitive reports, guided workflows, and interconnected data, revolutionizing how businesses access and leverage e-commerce data within Discover.

"We've designed Full View TM - Measurement with our client's actionability in mind,” said Liz Buchanan, President of NIQ North America. “Merging comprehensive insights into a single, intuitive platform means that actionable data is just a few clicks away, eliminating the complexity and clutter of using multiple tools and helping our clients reclaim countless hours they would otherwise spend piecing together data independently. We believe new coverage shouldn’t create new blind spots for our clients.”

This Full View TM of the market with item-level granularity, enriched with NIQ attributes, account-level breakouts, and visibility into private labels, is the first phase of NIQ’s Full View TM - Measurement expansion in 2024.

TicketRev Achieves SOC 2 Type 1 Certification

TicketRev Achieves SOC 2 Type 1 Certification

technology 3 Apr 2024

The certification affirms TicketRev's Unmatched Data Security Protocols and Protection 

TicketRev, the first demand-driven technology platform for live event tickets, today announced it has attained System and Organization Controls (SOC) 2 Type 1 Certification, underscoring its unwavering dedication to fortifying customer data protection.

SOC 2 Type 1 certification evaluates an organization's systems and controls based on standards established by the American Institute of Certified Public Accountants (AICPA). It assesses the effectiveness of controls over information security, availability, processing integrity, confidentiality, and privacy.

This milestone underscores TicketRev's commitment to implementing robust security measures, positioning the company as a trusted ally for the sports teams and organizations they partner with. With this certification, TicketRev reiterates its promise to maintain unparalleled security protocols, ensuring the integrity and confidentiality of customer data while empowering teams to engage with fans seamlessly.

"Securing our SOC 2 Type 1 Certification isn't just a milestone for us at TicketRev; it's a clear reflection of our unwavering dedication to security, data privacy, and maintaining reliable service for all our stakeholders. This achievement underscores our commitment to safeguarding customer data and ensuring the best experience possible," said Frank Perez, Chief Strategy Officer of TicketRev. "Our continually evolving and improving security protocols make TicketRev the ideal trusted platform for teams seeking to democratize ticketing access for their fans, while gaining invaluable insights into consumer preferences safely."

TicketRev is the first demand-driven technology platform for live event tickets, allowing teams to let their fans choose their preferred price for tickets.

Proxima AI Raises $12 Million in Series A Financing

Proxima AI Raises $12 Million in Series A Financing

technology 3 Apr 2024

AI-powered data intelligence solution helps consumer tech brands maximize ad performance, customer acquisition and retention

Proxima, a data intelligence software company that empowers consumer technology businesses to scale customer acquisition profitably, expand customer lifetime value and optimize full lifecycle marketing, today announces the closing of a $12 million Series A round led by Mucker Capital. Other investors in the round include Aglae Ventures (family office of LVMH founder), Great Oaks Venture Partners, Data Point Capital, Broadway Venture Partners, FirstLook Partners and Connexa Capital. 

Since launching in May 2022, Proxima has achieved over 400% revenue growth and increased its proprietary network of B2C connections to over 12,000. This powerful network harnesses over 65 million unique, anonymized shopper profiles, blending these with advanced AI models. This synergy empowers clients to elevate their marketing performance by unlocking deep, actionable insights and superior targeting. Their suite of offerings enables businesses to scale paid media efficiently across advertising platforms including Meta and TikTok, improve retention and customer lifetime value with predictive intelligence, and gain tactical insights with network-powered industry benchmarks.

Led by eCommerce and marketing technology veterans, Proxima was founded to address the challenges faced by many consumer technology companies from increasing privacy restrictions and challenging unit economic headwinds. Serial entrepreneur and Goldman Sachs alum, Alex Song, has built a data-driven solution designed to power the future of how brands accelerate and maximize marketing performance.

“Our team saw first hand the sense of apprehension and skepticism among brands spending on paid channels following the iOS privacy changes in 2021. But since our launch, we’ve seen the widespread embrace of data insights and enhanced targeting as our clients have become more successful with AI-powered experimentation, leading to our 4x growth,” said Alex Song, Founder and CEO of Proxima. “This investment will allow us to evolve our platform to enable our clients to achieve superior decision making in acquiring and retaining customers as well as leverage AI to execute marketing strategies with unparalleled performance.”

“Proxima is addressing one of the most important issues for marketers today - leveraging data effectively to drive profitable growth in the face of challenging market dynamics for both customer acquisition and retention,” said Omar Hamoui from Mucker Capital. “We’re thrilled to lead their Series A fundraise and are eager to collaborate with the leadership team on the exciting journey ahead.” Before joining Mucker Capital, Omar Hamoui was the Founder and CEO of AdMob which he sold to Google and a partner at Sequoia Capital.

The new funding will support the growth of Proxima’s technology platform, including AI-powered feature development, as well as further expansion of their technology and commercial functions.

Twilio Appoints Andy Stafman to Board of Directors

Twilio Appoints Andy Stafman to Board of Directors

customer engagement 2 Apr 2024

Twilio, the customer engagement platform that drives real-time, personalized experiences for today’s leading brands, today announced that it has appointed Andy Stafman, a partner at Sachem Head Capital Management LP (“Sachem Head”), to the company’s Board of Directors, effective immediately.

“Over the last year and a half, we have made important changes to accelerate our path to profitability and position Twilio to capitalize on the opportunities we see ahead,” said Jeff Epstein, Chair of the Board for Twilio. “We look forward to benefiting from the addition of Andy’s perspectives as an additional shareholder in the boardroom as we continue our strong oversight of the company’s strategy to enhance value for all our stakeholders.”

Khozema Shipchandler, CEO of Twilio, added, “We are operating Twilio with greater focus, rigor, and discipline than ever before, and remain focused on our commitment to drive durable, profitable growth. As we look ahead, we are confident that Twilio is well positioned to unlock the power of AI by converging our data capabilities with our powerful Communications solutions. The Board and I will partner with Andy as we continue to advance our strategy to realize the full potential of the business.”

Twilio plans to hold an investor day within the next twelve months to discuss the company’s strategy in greater detail and to share medium-term financial targets. Twilio will provide more details on the investor day once a date for the event has been set.

“I am excited to join the Twilio Board during an important time for the company,” said Mr. Stafman. “Sachem Head invested in Twilio because of its strong leadership position in the customer engagement market and the significant upside potential from the application of AI. The company has already taken meaningful actions to strengthen Twilio’s profitability and growth trajectory, and I look forward to working with the rest of the Board and management team to build upon that progress and enhance value for shareholders.”

Twilio has entered into a cooperation agreement with Sachem Head. Pursuant to the agreement, Sachem Head has agreed to customary standstill, voting and confidentiality commitments, among other provisions.

With the appointment of Mr. Stafman, Twilio’s Board will increase to 10 directors, nine of whom are independent.

About Andy Stafman

Mr. Stafman is a partner at Sachem Head Capital Management LP, a value-oriented investment management firm based in New York. Prior to Sachem Head, Mr. Stafman worked as an Associate at Silver Lake Partners, a global private equity firm focused on technology-enabled investments. He received a B.S. in Economics, with a concentration in Finance from The Wharton School at the University of Pennsylvania.

Cadent Announces Intent to Acquire Performance Advertising Pioneer AdTheorent

Cadent Announces Intent to Acquire Performance Advertising Pioneer AdTheorent

advertising 2 Apr 2024

Combined Company Will Connect the Programmatic and TV Ecosystems, Unifying Audience-Based and Performance-Focused Advertising for Buyers and Sellers 

Cadent, one of the largest independent solutions providers for converged TV advertising, today announced a definitive agreement to acquire all outstanding shares of AdTheorent Holding Company, Inc., a machine learning pioneer and industry leader delivering measurable value for programmatic advertisers, for a cash consideration of $3.21 per share.

The combination of Cadent and AdTheorent will create one of the largest independent omnichannel audience activation platforms for buyers and sellers of advertising. The newly formed entity will focus on providing expanded performance advertising solutions that cater to both digital and traditional TV markets, powered by advanced machine learning and a unified media and data marketplace.

"Together, Cadent and AdTheorent will enable our customers to drive performance across all strategic audiences, no matter where they consume media or where they are in the sales funnel," said Nick Troiano, CEO of Cadent. "We will connect the worlds of programmatic and TV, providing solutions across our partner ecosystem that will drive next-generation omnichannel reach and performance results."

Upon closing, the combined company will serve nearly 1,000 advertisers, and partner with leading holding companies, agency groups, independent agencies, and premium publishers.  In addition, AdTheorent's leadership in ID-independent machine learning and algorithmic audience solutions, combined with Cadent's cookieless household identity graph uniquely positions the combined company to be at the forefront of unifying fragmented audiences.

"AdTheorent's customer-focused culture, award-winning technology and commitment to innovation has helped our team build a strong brand that is a recognized leader in performance-first programmatic advertising," said James Lawson, CEO of AdTheorent. "In Cadent, we've found a partner with a shared commitment to delivering measurable results for customers, and a complementary vision for the future of omnichannel advertising. In an increasingly competitive and evolving adtech sector, we are excited to bring together our teams, technology, and solutions to drive continued value to our customers and our employees."

Novacap, the Montreal-based private equity firm which acquired Cadent in August 2023, provided strategic services and funding support to Cadent for the transaction.

"Novacap accelerates growth companies through strategic investments. We're pleased to empower the Cadent and AdTheorent teams to further their vision of building a leading omnichannel audience platform, by providing the foundational resources necessary to complete a transaction of this scale," said Samuel Nasso, Partner at Novacap, and Chairman of the Board of Cadent.

The transaction is subject to customary closing conditions and completion of regulatory review and AdTheorent shareholder approval. The transaction has been approved by the AdTheorent Board of Directors and is expected to close in approximately 90 days.

Moelis & Company LLC is acting as lead financial advisor to Cadent. RBC Capital Markets also is acting as a financial advisor, and Baker Botts LLP is providing legal counsel. Canaccord Genuity is acting as financial advisor and McDermott Will & Emery LLP is acting as legal counsel to AdTheorent in connection with the proposed transaction.

Clario announces acquisition of AI-powered software company ArtiQ

Clario announces acquisition of AI-powered software company ArtiQ

technology 2 Apr 2024

Acquisition advances Clario's Respiratory Solutions portfolio, combining Clario's deep scientific expertise with ArtiQ's innovative artificial intelligence capabilities

  • Clario's respiratory devices will integrate seamlessly with ArtiQ's AI models to provide instant feedback on test quality, delivering faster, more reliable data for sponsors and yielding a better patient experience.
  • The addition of ArtiQ, coupled with Clario's recent acquisition of Inofab Health, expands Clario's leadership position in supporting respiratory clinical trials and broadens the existing AI capability which encompasses over 50 proprietary AI/ML algorithms.
  • ArtiQ CEO Marko Topalovic will join Clario and continue to lead ArtiQ while simultaneously leading AI at the company.

Clario, a healthcare research and technology company that delivers the leading endpoint technology solutions for clinical trials, today announced the acquisition of the technology company ArtiQ. This acquisition expands the power of artificial intelligence (AI) in Clario's Respiratory Solutions portfolio and enhances the company's ability to further leverage and develop innovative uses of AI across its service lines.

"We're thrilled to welcome ArtiQ into our organization," said Chris Fikry, Chief Executive Officer at Clario. "Since 2018, Clario has been a pioneer in applying artificial intelligence to improve the quality and efficiency of clinical trial execution. This move significantly advances AI within our respiratory portfolio. With ArtiQ's technology, we are expanding our ability to rapidly scale AI for overreading while ensuring data quality and streamlining the clinical trial process for patients worldwide."

In addition to continuing to lead ArtiQ, Marko Topalovic will step in to lead Clario's overall AI strategy across the organization. Of the acquisition, he said: "Joining forces with Clario is a pivotal moment for ArtiQ. Our technology's integration into Clario's portfolio not only enhances the quality and efficiency of spirometry data analysis but also marks a sizable step toward minimizing the patient burden and improving trial outcomes. With Clario, our technology can scale worldwide to all clinical trials and sponsors, and we now have the chance to foster a positive impact beyond the scope of respiratory care."

In addition to the ArtiQ acquisition, Clario acquired Inofab Health, the manufacturer of easy-to-use ultrasonic sensor spirometer devices, in November 2023. Bringing these acquisitions together with Clario's deep respiratory scientific capabilities will strengthen Clario's Respiratory Solutions portfolio, serve as a launchpad for advancing AI within clinical trials, and increase its reach into the broader healthcare market.

"We're committed to pioneering AI models that help rapidly deliver high-quality data in clinical trials," said Jay Ferro, Clario's Chief Information, Technology and Product Officer. "This acquisition reinforces that commitment and ensures we continue to make good on our mission to help our customers transform patient lives around the world."

Ruder Finn's Tejas Totade Named Data Professional of the Year by PRovoke Media

Ruder Finn's Tejas Totade Named Data Professional of the Year by PRovoke Media

marketing 2 Apr 2024

Ruder Finn's Chief Technology Officer, Tejas Totade, has been named Data Professional of the Year by Provoke Media as part of the 2024 Innovation SABRE Awards. The awards celebrate influence, innovation, and disruption across the public relations and communications industry.

"Winning the Data Professional of the Year Award is an incredible honor, and it's a testament to the data-driven mindset we have at Ruder Finn, championed by our CEO, Kathy Bloomgarden," said Tejas. "It's our shared belief that the real magic happens when we turn data into actionable insights and innovative solutions! This award truly highlights our collective dedication to excellence in data and analytics!"

With over 15 years of experience in the industry, Tejas is a trailblazer in the nexus of technology, communications, and marketing. He is a distinguished analytics leader, always channeling creative solutions to successfully merge communications with data-driven emerging technologies. He leads RF TechLab, Ruder Finn's innovative analytics and tech incubator that has played a critical role in growing and nurturing the agency's cutting-edge analytics tools suite. He also co-leads Ruder Finn's AI-powered creative studio, RF Studio53 which provides clients with full-service creative offerings from design, branding, and short and long-form video, to websites, apps, and immersive emerging tech experiences from AI/AR to the metaverse.

"Tejas' visionary mindset and expertise in both technology and communications has been instrumental in driving innovation within our agency," said Kathy Bloomgarden, CEO of Ruder Finn. "His forward-thinking leadership has been pivotal to keeping the firm at the industry's cutting edge."

The Innovation SABRE Awards winners will be honored during the PRovoke North America Summit in New York City on May 1.

Emily DiMiceli Named New CEO of Corporate Visions

Emily DiMiceli Named New CEO of Corporate Visions

technology 2 Apr 2024

Corporate Visions, a leading provider of revenue growth insights, services, and technology, is pleased to announce the appointment of Emily DiMiceli as its new Chief Executive Officer. DiMiceli brings with her deep strategic leadership experience and a proven track record of success in senior executive roles within the business services, information services, and fintech sectors.

Throughout her career driving operational transformations, digital enablement efforts, and major M&A transactions, DiMiceli has been consistently recognized for her strong leadership, customer and employee engagement, and strategic business acumen.

"As a former client of Corporate Visions, I have experienced the company's industry-leading proprietary insights and capabilities first-hand.  I am honored to now join as CEO and start working with this high-energy and innovative team to drive continued success and bring value for our customers, employees, and shareholders," said DiMiceli. "Corporate Visions has built long-lasting relationships with some of the most respected brands in the world, helping them shape how business conversations happen. This team has the track record, expertise, and technology capability that's going to be unstoppable as we move forward together." 

"We are thrilled to welcome Emily as the new CEO of Corporate Visions," said J.P. Fingado, chairman of the Board of Directors for Corporate Visions. "Her exceptional leadership, strategic vision, and track record of delivering results make her the ideal candidate to lead our company into its next phase of growth and innovation."

Prior to joining Corporate Visions, DiMiceli served as the COO and Chief Customer Operations Officer of the Data and Analytics Division at London Stock Exchange Group (LSEG), where she led an organization of ~10,000 employees spanning 60+ countries at Refinitiv. She played a key role in integrating LSEG's $27B acquisition of Refinitiv. She also recently served as a Senior Advisor at Boston Consulting Group.

   

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