Innovid Launches InnovidXP to Solve Cross-Platform TV Measurement
First Global Measurement Platform for Converged TV Advertising Powered by Ad Serving Data & Creative Personalization
NEW YORK, June 15, 2022 /PRNewswire/ -- Innovid (NYSE: CTV) announces the launch of its TV measurement platform for converged TV, InnovidXP – demonstrating Innovid's commitment to measurement innovation with the first unified cross-platform solution directly integrated with ad serving data and creative personalization. The launch of InnovidXP comes one quarter after its acquisition of TVSquared.
Driven by over one billion TV impressions processed daily and delivered to more than 95 million households, InnovidXP is a cross-platform, tag-free measurement solution, powered by currency-grade impression data tied to an ad serving footprint representing 88% of U.S. CTV homes, and integrated with creative personalization technology.
"Cross-platform TV measurement powered by ad serving technology seamlessly creates the most complete picture of the TV ecosystem, addressing a big gap for advertisers in the converged TV marketplace," said Celeste Castle, EVP Head of Research and Measurement, Dentsu. "It's about finding the right data, creatives, investments and video mixes to effectively and efficiently reach audiences that are dispersing across platforms, channels and screens. Empowering our clients with transparent, consistent and reliable measurement insights across linear and CTV plays a vital role in the growth of the total video marketplace."
Brands can use InnovidXP to measure and manage linear and CTV advertising – counting, attributing and analyzing reach and outcomes at scale, across every platform, including walled gardens. InnovidXP gives advertisers a converged TV solution that extends beyond currency, encompassing the full breadth of cross-platform analytics, including a broad set of KPIs that provide the flexibility and actionable insights to measure and evaluate both media and creative performance.
Designed to meet the current and future needs of advertisers in a converged TV environment, InnovidXP includes:
- A unified view of converged TV campaigns, providing consistent audience measurement, reach extension and performance outcomes
- Automated, secure, tag-free process for onboarding brands at scale
- Cross-platform analytics to inform audience intelligence, creative and outcomes optimizations
- Expansion of household- and person-level data, including coverage across all 210 DMAs
- Local, national, and global coverage in a single platform
"Advertisers have long called for an independent measurement solution that can provide a unified, consistent, cross-platform view of advertising, alongside meaningful, actionable metrics. InnovidXP has answered that call," said Jo Kinsella, President, TVSquared by Innovid.
InnovidXP offers the flexibility to measure a diverse set of KPIs, supporting reach and performance objectives across all advertising categories, including CPG, automotive, retail, travel, insurance, DTC and more. Granular, always-on metrics range from audience reach and frequency to creative performance, and lower-funnel metrics tied to both online and offline activities. InnovidXP is available today for local, national and global brands.
Innovid (NYSE:CTV) powers advertising delivery, personalization, measurement and outcomes across linear, CTV and digital for some of the world's largest brands. Through a global infrastructure that enables cross-platform ad serving, data-driven creative, and currency-grade measurement, Innovid offers its clients always-on intelligence to optimize advertising investment across channels, platforms, screens, and devices. Innovid is an independent platform that leads the market in converged TV innovation, through proprietary technology and exclusive partnerships designed to reimagine TV advertising. Headquartered in New York City, Innovid serves a global client base through offices across the Americas, Europe, and Asia Pacific. To learn more, visit innovid.com or follow us on LinkedIn or Twitter.
This press release or related communications may include "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical facts, including, without limitation, statements regarding Innovid's future financial and business performance for the full-year 2022, attractiveness of Innovid's product offerings and platform and the value proposition of Innovid's products, are forward-looking statements. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Innovid's management's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. A number of factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements, including the risks set forth under "Risk Factors" in Innovid's Registration Statements and other SEC filings. Innovid cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Innovid does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Headquartered in New York City, Innovid serves a global client base through offices across the Americas, Europe, and Asia Pacific. To learn more, visit innovid.com or follow us on LinkedIn or Twitter.
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Released June 15, 2022