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Marketing In Asia > Blog > Business > Brand Highlights > Lotame Unveils Groundbreaking Data Collaboration Tool, Revolutionizing Digital Marketing
Brand HighlightsNewsPress Release

Lotame Unveils Groundbreaking Data Collaboration Tool, Revolutionizing Digital Marketing

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Last updated: 2024/02/19 at 3:55 PM
Dr. Surbhi Sharma
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Mastering the flow and ethical use of data is crucial for digital marketers in this data-driven era. With the release of Lotame Collaborate, the industry-leading customer data accessibility and effectiveness platform Lotame has set a new standard. This cutting-edge product, which is part of Lotame’s extensive Spherical data cooperation ecosystem, will revolutionise how digital marketers and media owners use first-party data, giving them a leg up in the digital revolution.

Empowering Data Collaboration with Lotame Collaborate

The Surge in Demand for Data Collaboration

As we navigate through the digital marketing landscape, the call for advanced data collaboration technologies has reached new heights. With the era of third-party cookies drawing to a close, industry professionals are increasingly gravitating towards collaborative solutions that amplify the scale and efficacy of their data. In this light, Lotame Collaborate shines as a beacon of progress, offering a robust and streamlined platform for the secure exchange and enhancement of data amidst the ever-tightening web of privacy regulations.

Advancing Data Utilization

Lotame Collaborate transcends the ordinary, marking a significant progression from the company’s earlier data exchange initiative, PDX. This innovative platform enables the seamless sharing of permissioned data among various parties, merging authenticated and non-authenticated data streams. This integration has the potential to unlock data volumes up to tenfold for analysis and activation, ushering in a new chapter of scalability and precision in marketing strategies.

Voices from the Vanguard

Andy Monfried, CEO of Lotame, underscored the indispensability of data collaboration in today’s marketplace: “Data collaboration is table stakes today. Unfortunately, fragmented data sets, non-interoperable platforms, and constantly evolving privacy standards have stalled the industry’s ability to deliver on true data enablement and collaboration. With our new offering in Spherical, which we believe is the industry’s most intuitive, interoperable, and high-performing data collaboration platform, we are making data collaboration smarter, faster, and easier than ever.” 

Jo Mackenzie, head of data solutions at Publicis Media APAC, also highlighted the strategic value of first-party data sharing: “First-party data sharing opens up more opportunities to generate meaningful insights and to leverage each marketing touch point for real brand-building impact. Evaluating and testing innovative technologies like clean rooms and data collaboration are critical to delivering cutting-edge, data-driven solutions for our clients, so we’re excited to leverage this new offering as an extension of our existing intelligence suite.”

Also read: UNIQLO Unveils “Dragon Baby Bonus” in Joyous Collaboration with Raffles Hospital

Charting the Future of Data-Driven Marketing

With Lotame Collaborate’s introduction, the horizon of digital marketing brightens, becoming more interconnected and insightful. This platform not only demystifies the complexities associated with data sharing and analysis but also sets the stage for more tailored and impactful marketing endeavors. As the digital ecosystem evolves, tools like Lotame Collaborate will undoubtedly be instrumental in sculpting the future of data-driven marketing excellence.

For further insights into how Lotame is transforming the digital marketing landscape with its pioneering solutions, visit lotame.com.

Legal Disclaimer: The Editor provides this news content "as is," without any warranty of any kind. We disclaim all responsibility and liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. For any complaints or copyright concerns regarding this article, please contact the author mentioned above.

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TAGGED: customer data, data activation, data analysis, data collaboration, Data privacy, Data-Driven Marketing, digital marketing, digital transformation, first-party data, Lotame, Lotame Collaborate, Marketing Strategies, privacy standards, Spherical, technology innovation

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    Surbhi Sharma February 19, 2024 February 19, 2024
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    By Surbhi Sharma
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    I am PhD in Mathematics from IIT Roorkee currently working as a Market Research & Data Analyst. I have a demonstrated history of working with Startups & Corporates across private equity, e-commerce and software product industries.
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