Cognitiv Performance CTV uses custom deep learning algorithms to optimize & measure advertising performance
NEW YORK, May 17, 2022 /PRNewswire-PRWeb/ -- Cognitiv, the leading provider of deep learning AI for marketers, today announced the launch of Cognitiv Performance CTV, a new solution that combines advertisers' first party data and Cognitiv's proprietary data assets to create a custom, unique deep learning CTV buying algorithm, enabling superior campaign results at scale. Advertisers will now be able to deterministically measure and auto-optimize their CTV performance campaigns with their own algorithms.
According to Insider Intelligence, in 2022, CTV will account for more than one-fifth of total programmatic video ad spending for the first time, as well as one-tenth of total programmatic digital display. While the growth of CTV in the last 5 years has been consistent, advertisers still struggle to effectively measure the impact of their campaigns because they have not been able to directly map exposures to online actions due to the complexity of linking CTV with other devices.
"Measurement and accurate attribution has been a huge challenge for marketers looking to capitalize on the growing popularity of CTV," said Cognitiv's CEO and Co-Founder Jeremy Fain. "Cognitiv's CTV solution finally gives marketers insight into which viewers are responding to their ads and has the ability to recognize patterns in this data to find net new consumers who display similar patterns. This gives advertisers increased transparency, valuable insights on viewers, and more efficient targeting of new consumers."
Through its powerful, deterministic device graph, Cognitiv Performance CTV analyzes and measures consumers who are exposed to a CTV ad, whether they took an action online, and the time it took for them to take this action. With that intelligence, Cognitiv's advertiser-unique deep neural network recognizes those types of users and seeks out similar users, making the campaign far more effective.
"By activating deep learning algorithms, or the 'brain' behind advertising campaigns, we are accelerating performance at scale and helping marketers take advantage of everything CTV has to offer, including full-funnel measurement and attribution," added Fain.
Cognitiv's core platform, NeuralMind, improves data-driven decision-making while accurately measuring ROI and driving key business outcomes across the customer journey at scale. By ingesting vast amounts of first- and third-party customer data, NeuralMind autonomously builds algorithms that are automatically optimized based on a client's needs, customers and KPIs.
Cognitiv's suite of solutions also includes: Cognitiv Performance, Cognitiv Incremental, Cognitiv CPG, Cognitiv Retargeting, Cognitiv Retention and the most recent addition Cognitiv Curation.
About Cognitiv
At Cognitiv, the brain behind the brands, our deep learning applications and technologies autonomously drive full-funnel marketing performance at scale. Each marketer has a unique set of goals, which is why we created a platform capable of automatically building custom algorithms that simultaneously consider the user, the context, the message and the campaign objectives. We combine deterministic data and advanced data processing techniques to continuously train these algorithms as they optimize towards our clients' key performance indicators.
Our combination of award-winning technology, advanced data processing and AI experts deliver personalized media experiences across display, mobile, connected TV and custom audiences. Our proprietary platform, NeuralMind, and innovative performance solutions deliver our clients and their customers engaging ad experiences proven to convert.
Learn more at cognitiv.ai; follow us on Twitter @teamcognitiv, on LinkedIn, and on Facebook.
Media Contact
Jennifer Fugel, Briz Media Group, 1 8456574202, [email protected]
SOURCE Cognitiv
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