NEW YORK – In DMA’s 2016 Analytic Challenge data scientists from today’s leading data and analytics firms have gone head-to-head to determine who can best calculate a customer’s lifetime value and a team from, AdTheorent, Inc., a technology company whose data-driven predictive solutions are transforming digital advertising, has been awarded 1st Place. Sponsored by DMA’s Analytics Community and EY (Ernst & Young LLP), the 2016 Analytic Challenge recognizes the top solutions to driving personalized customer interactions. All three winning companies were highlighted earlier this month at DMA’s &THEN event in Los Angeles, where attendees gained a full briefing on the competitors and their solutions.
“And with data’s growing role in the marketing and advertising industry, the DMA Analytic Challenge is increasingly one of the most significant of DMA’s annual awards programs. We are proud to recognize the winners of this competition and celebrate their innovative and responsible use of data to improve lives.”
“AdTheorent’s machine learning platform is uniquely equipped to process immense amounts of data in a rapid and efficient manner, which capabilities we leverage each day on behalf of our advertiser clients in order to identify audience attributes and deliver unprecedented engagement,” said James Lawson, Managing Partner and CLO of AdTheorent. “We are especially proud of our brilliant team of data scientists, under the leadership of Xiaofei Du, and pleased to see our core capabilities leveraged to predict customer lifetime value in the lending space. We are thrilled to be awarded first place in the DMA Analytic Challenge and we thank DMA and EY for their efforts in organizing and administering the Challenge.”
“An ever expanding sea of data is changing the way we communicate, do business and live almost every aspect of our lives,” said Tom Benton, DMA CEO. “And with data’s growing role in the marketing and advertising industry, the DMA Analytic Challenge is increasingly one of the most significant of DMA’s annual awards programs. We are proud to recognize the winners of this competition and celebrate their innovative and responsible use of data to improve lives.”
“At EY, we work with our clients to unlock information from large collections of data and wide networks of data in public domains,” said Joe Kruse, Data Analytics, Financial Services Office for EY. “In this data-rich environment analytical sciences are key to find meaningful signals that can be the difference for critical business decisions. EY has been extremely pleased to sponsor this challenge, to encourage participation in this field, to work with teams from a variety of disciplines, and to have the privilege to see how these teams have used their skills, creativity and persistence to create their solutions.”
Competitors in DMA’s Analytic Challenge were provided with two datasets containing more then 850,000 records, and were tasked with predicting the lifetime customer value of the customers listed within. Each of the three winning solutions were developed with a team of four or more data scientists. Common strategies used across solutions included segmentation, text mining and deep learning/machine learning techniques.
The DMA Analytic Challenge is organized by DMA’s Analytics Community. The Community’s purpose is to provide marketing strategists and analytic practitioners with a forum to develop thought leadership and best practices related to customer-centric, data-driven marketing and analytics. Click here to learn more or join the group. DMA’s Analytics Community is one of five practitioner communities curated by DMA for its members to connect peer to peer groups for networking and knowledge-building. For more information on DMA Communities, click here.
About AdTheorent®
AdTheorent is a technology company that is transforming digital advertising through user identity mapping and data-driven predictive solutions. AdTheorent’s machine learning technology platform, Cross-Environment Map and Barometric® technologies help brands understand and connect with their audiences at scale.
AdTheorent’s machine learning technology platform combines millions of data attributes into precise and accurate adaptive models for the purpose of identifying optimal audiences. Powered by data-driven intelligence, AdTheorent’s platform delivers the right ad, to the right user, at the right time – all in “real time” within brand advertisers’ ROAS and performance goals.
AdTheorent provides the most comprehensive cross-environment mapping infrastructure in market, which maps millions of unique device IDs to US households (without using or obtaining individual identities) and other physical locations, and appends those device IDs with extensive 1st, 2nd and 3rd party data sources. As a mobile-first Data Management Platform, AdTheorent is uniquely positioned to match offline and online data to mobile at scale, affect cross-environment targeting and break new ground in media attribution including physical activity such as purchase.
AdTheorent’s Barometric measurement and analytics solution features the advertising industry’s most advanced cross-environment tracking and attribution solution, providing the “post-click and post view” signals necessary for modeling to (i.e., predicting) true user engagement and awareness.
The collective result to AdTheorent-partnered brands and marketers is higher engagement rates across any client-defined metric – The Intelligent Impression®. For more information, visit: www.adtheorent.com.
About DMA (www.thedma.org): Founded in 1917, the Data & Marketing Association (DMA) is the community that champions deeper consumer engagement and business value through the innovative and responsible use of data-driven marketing. DMA’s membership is made up of today’s leading tech and data innovators, brand marketers, agencies, service providers and media companies. By representing the entire marketing ecosystem – from demand side to supply side – DMA is uniquely positioned to bring win/win solutions to the market and ensure that innovative and disruptive marketing technology and techniques can be quickly applied for ROI. DMA advances the data-driven marketing industry and serves its members through four principal pillars of leadership: advocating for marketers’ ability to responsibly gather and refine detailed data to identify and fulfill customer needs and interests; innovating to bring solutions forward to the data & marketing ecosystem’s most vexing challenges; educating today’s members of the data & marketing ecosystem to grow and lead marketing organizations in the ever-increasing omnichannel world; and connecting industry participants to stay current, learn best practices and gain access to emerging solutions through &THEN – the largest global event for data-driven marketing – and DMA’s portfolio of other live events.
