(PRWEB) September 03, 2015
Germantown, MD: DataLab USA (http://datalabusa.com/digital-solutions/), one of the nation's foremost analytics and marketing consultancies, has been awarded first place honors in the ICDM (International Conference on Data Mining) 2015: Drawbridge Cross Device Connections Competition.
DataLab competed against 340 teams, with a total of 2,355 algorithms submitted over a 90 day period.
Provided with usage data and a set of fabricated non-personally-identifiable IDs, contestants were tasked with making individual user connections across a variety of devices. The foundation of multi-touch attribution is the ability to link multiple devices and touch points to an individual or household.
Aaron Davis, Chief of Analytical Services at DataLab, stated “We’re very impressed with the depth of analytical talent our employees regularly demonstrate. Competitions like this help us stay on top of our game and we thank Kaggle, ICDM, and Drawbridge for organizing.”
Alex Aigner, Chief Operating Officer of DataLab’s Digital Division, stated “This is a nice feather in our hat amongst the other national analytical awards we have won. In the real world we do not build one algorithm but rather we create custom solutions for each client. Multi-touch attribution, while more difficult to implement and execute, gives marketers a clear view of their multichannel marketing efforts. This leads to improved campaign optimization and better return on investment versus last-touch attribution. For many marketers this is a serious challenge that we’re able to help solve.”
About the Competition:
As the adoption and use of laptops, tablets, and mobile devices becomes more widespread it is now common for consumers to use multiple devices to complete their online tasks.
In doing so, the consumer’s identity becomes fragmented. This creates a challenge for marketers, as they are unable to discern when activity on different devices is tied to one user vs. many users.
By identifying which devices represent which prospects, marketers can deliver customized messaging at every stage of the customer journey and can significantly improve attribution.
About DataLab USA:
DataLab USA is a customer relationship marketing consultancy that focuses on optimizing multichannel marketing programs. DataLab has won more DMA (Direct Marketing Association) analytical awards than any other company in the United States.
Over the last three years DataLab has been focusing on complementing its industry leading direct marketing solutions with audience based marketing from its digital solution areas. Like its successes in direct marketing, it optimizes performance by leveraging analytics to identify the most valuable prospects and makes these offline audiences targetable online. These audiences can be marketed to via multiple channels such as addressable TV, social media, and online display ads.
Through the effective use of analytics, data sourcing, data processing, and digital services, DataLab USA effectively enables organizations to maximize the results of their direct marketing investments.
DATALAB USA is a privately held company with offices in Washington, DC and Denver, CO.
For more information, contact Nick Lockard at (800) 972-1430 or nlockard(at)datalabusa(dot)com