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“We are all experiencing a massive explosion of data,” said Leslie Lorenz, head of North American retail industry at Snowflake, in her presentation at The MarTech Conference. It’s no surprise, then, that her brand is also “getting many [brand] requests that say they want to be data-driven.”.
In this week’s Week in Review: As the industry heads to Cannes, Criteo gets a GDPR fine, Omnicom goes all out on AI, and RTL announces new programmatic partnership for addressable inventory. The CNIL’s decision has been reviewed by all other European data controllers, and all agree with the decision.
Further, the cookieless analysis of first-party data in a datamanagementplatform can be used for lookalike modeling , allowing advertisers to increase their addressable audience pool. Regulatory risks: Several countries and regions have already implemented strict data privacy regulations like GDPR and CCPA.
In the wake of such signal loss , an abundance of replacements have flooded the market with certain technology labels, such as “ datamanagementplatforms ,” losing favor among some, given the perception that they are associated with third-party data.
“Most of the mid-sized companies who run $50, $100, $200 million of media spend don’t have the resources, from analytics specialists to data scientists. Most of them don’t even have a datamanagementplatform,” he said. seems a bit short-sighted. . seems a bit short-sighted.
An important thing to understand about CDPs is that, although they handle customer data , these pieces of software are not the same as a DataManagementPlatform (DMP). Now that you know how to analyze your data for customer insights, it’s time to lock down something else — the data itself.
AdTech, short for advertising technology, refers to the suite of tools, platforms, and software used by advertisers, marketers, and publishers to plan, execute, manage, and measure digital advertising campaigns. Advertisers must ensure they comply with data protection laws, such as GDPR , while using AI-driven solutions.
Publicis has announced the aqusition of ad tech firm Lotame, marking a new agency era that combines data signals and AI, writes Rob Webster, Co-Founder of Tau Marketing Solutions – and publishers should be watching closely. In 2011, the company exited the advertising network business to focus on datamanagement.
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