LiveRamp Introduces New Capabilities to Fast-Track Value and Boost Marketing Impact
October 03 2024 - 7:00AM
Business Wire
New features in the LiveRamp Data Collaboration
Platform increase speed and efficiency, and unlock immediate value
from clean rooms
LiveRamp (NYSE: RAMP) today announced the newest version of the
LiveRamp Data Collaboration Platform, further accelerating
customers’ time to value by strengthening the ability of marketers
to drive effective and insightful marketing by delivering
personalized and relevant experiences to consumers. The latest
version of the platform enables first-party identity graphs with
self-service capability, standardized queries to help customers
drive immediate insights with clean room measurement, and faster
activation and performance.
According to a commissioned study conducted by Forrester
Consulting, 93% of business leaders say that data collaboration is
critical to drive improvements across companies. As this ecosystem
rapidly matures, leading brands, publishers, and media networks are
building their partner networks and collaborating in the LiveRamp
platform. Customers utilize LiveRamp’s platform for a full range of
data collaboration capabilities, including clean room-powered
measurement and insights, to improve their end-to-end marketing
lifecycle and activate on the world’s most expansive, data-rich
network.
Leveraging the world’s most robust collaboration ecosystem,
LiveRamp’s platform helps customers create business value through
their data and unlock new opportunities by maximizing their
partnership networks with partnerships. LiveRamp has worked with
more than 130 brands, publishers, and media networks using
LiveRamp’s clean room to power cross-cloud data collaboration
through unprecedented connectivity to first- and second-party data.
Collaboration partners include Ampersand, DISH, Fox/TUBI, LG Ads,
LinkedIn, Pinterest, and over 30 of the top retail media
networks.
The new platform features improve performance across these
areas:
- Instantly build a first-party identity graph to grow
insights and revenue via Identity Engine: Companies can more
easily stitch together and resolve all of their own first-party
data back to an individual, based on their own rules, reducing what
was a complex process to hours. This enables clients to more
accurately activate, measure, and optimize across all consumer
experiences, driving strong marketing ROI.
- Operate with greater speed and efficiency to expedite
consumer insights and ecosystem activation: New platform
optimizations enable customers to more quickly activate and
generate insights across LiveRamp’s collaboration network of
hundreds of partners. This now includes the ability for customers
to directly activate with Google’s Display & Video 360 PAIR
(Publisher Advertiser Identity Reconciliation), via
self-service.
- Accelerate clean room value through new standardized query
library: Brands, media networks, and platforms can now unlock
immediate value from their LiveRamp clean room investments through
enhanced standardization, taking advantage of top use cases across
the largest network for collaboration partners. Clients can get
started with a new partner within hours, unlocking immediate access
to insights, saving valuable time, and driving faster, more
efficient outcomes.
“LiveRamp maintains strong relationships with our customers and
takes their feedback into close consideration, helping us to
continuously improve our product and drive the results customers
need. As we continue to evolve our Data Collaboration Platform, our
goal has been to shift customers’ time-to-value to days, and even
hours, in order to help them immediately realize the
transformational promises of data collaboration, make adjustments
to their strategies, then drive even greater returns. With the
ability to gain value in such short times, customers starting data
collaboration gain significant advantages, and are able to
strengthen their collaboration networks to drive even more value,”
said Kimberly Bloomston, Chief Product Officer, LiveRamp.
Learn more about how LiveRamp can help your company drive
marketing impact at liveramp.com/our-platform.
About LiveRamp
LiveRamp is the data collaboration platform of choice for the
world’s most innovative companies. A groundbreaking leader in
consumer privacy, data ethics, and enterprise identity, LiveRamp is
setting the new standard for building a connected customer view
with unmatched clarity and context while protecting precious brand
and consumer trust. LiveRamp offers complete flexibility to
collaborate wherever data lives to support the widest range of data
collaboration use cases—within organizations, between brands, and
across its premier global network of top-quality partners.
Hundreds of global innovators, from iconic consumer brands and
tech giants to banks, retailers, and healthcare leaders turn to
LiveRamp to build enduring brand and business value by deepening
customer engagement and loyalty, activating new partnerships, and
maximizing the value of their first-party data while staying on the
forefront of rapidly evolving compliance and privacy requirements.
LiveRamp is based in San Francisco, California with offices
worldwide. Learn more at www.liveramp.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241003404783/en/
Michelle Millsap PR@liveramp.com
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