All that growth doesn’t mean marketers are doing a great job managing their money. A study from ID Comms found that just 15% of advertisers say they’re using media technology effectively, even though 75% agree they need a clear adtech strategy. Good news for some of us: specialist tech consultants are the most trusted adtech advisors.
Sometimes what companies do is less interesting than how they choose to present it. For example, Jumpshot tracks consumer behavior with a global panel of 100 million devices. They’ve chosen to describe that as a way to “unlock walled-garden data” so marketers can connect ad exposures to behaviors inside walled garden domains like Amazon and Google. They’re also positioning themselves as a campaign optimization solution, another hot topic. Two trends for the price of one.
But let’s end on a positive note: three firms that I classify as Customer Data Platforms made it onto the Deloitte Technology Fast 500 list issued last week. They were Datorama (ranked 35 with 5,149% growth rate), Signal (rank 193 with 548% growth rate), and Tealium (rank 195 with 538% growth rate). Congratulations to them and happy Thanksgiving to all.
Google lashed out at the Department of Justice’s threat to break up the company, calling the proposals “radical.” Among other things, Google says the proposals would threaten users’ privacy, stifle innovation and break Android and Chrome. Given the appeals process, it will likely be years before we know whether Google will stay in one piece.