The leading media intelligence technology company continues to see revenue growth in 2014 with an expanding customer base across a diverse set of business sectors
CONSHOHOCKEN, Pa. – iQ media, a leading media intelligence technology company, announced third quarter 2014 results showing strong growth as marketers and public relations professionals increasingly look for new media intelligence solutions to provide smarter insight into earned, paid and original media campaigns.
“Witnessing another quarter of increasing revenues is testimony to our ability to truly listen to our clients’ needs and ensure that we are creating tools that help make them more successful”
iQ media revenues in the third quarter increased 53% from the second quarter 2014. This also marked an increase of 208% in revenues year over year since the third quarter of 2013. The company noted strong annualized growth of 133% throughout the first three quarters of 2014 compared to the same time period in 2013.
“cliQ is the unique, powerful platform that we rely on for unparalled insights into our entire media footprint,” said Brent Rossi, EVP of Marketing & Brand Strategy of the Buffalo Sabres.
As the company continues to witness increasing customer demand for new tools in the media intelligence space, it is developing new ways for marketers to better gauge the strength of their brand across broadcast TV, online news and social media. iQ media launched its new media sharing tool, fliQ, yesterday at PRSA’s International Conference, meeting a growing demand from marketers for a more efficient way to share and monitor video on the web and via social media channels. Customers using fliQ to manage their video sharing include: National Wildlife Federation, SEPTA, and the Big South Conference.
iQ media’s continued success in adding more clients across the US puts the company in a strong position to expand the team to continue this momentum. The company plans to add more staff across sales, marketing and technology over the next year and will open a New York office in January of 2015. As New York continues to be seen as a technology hub along the east coast, the firm sees this as a strategic location to attract and recruit new employees and further build the business.
“Witnessing another quarter of increasing revenues is testimony to our ability to truly listen to our clients’ needs and ensure that we are creating tools that help make them more successful,” said John Derham, CEO of iQ media. “It’s a hard balance to grow as we have while ensuring we’ve scaled in a way that is efficient. We’ve been able to achieve this feat thanks to our great team of technology, sales and marketing experts and I look forward to expanding the business with new employees and the launch of our New York office.”
About iQ media
iQ media is a leading media intelligence technology company focused on transforming the way that companies monitor their brand across broadcast TV, online news, and social media. iQ media’s suite of media intelligence tools allows marketers, public relations experts and others across an organization to better assess the success of both paid and unpaid media opportunities. iQ media’s cloud-based database, cliQ, empowers clients to move beyond media monitoring to proactively leverage media content to drive topline revenue and further their strategic communications goals. To learn more, please visit: www.iqmediacorp.com.