Top Story

e4m_logo.png

Home >> Industry Briefing >> Article

Meltwater acquires Encore Alert, strengthens social offering with smart alerts

04-April-2016
Font Size   16
Share
Meltwater acquires Encore Alert, strengthens social offering with smart alerts

Meltwater—the global leader in media intelligence solutions—has announced the acquisition of Encore Alert, the Virginia-based SaaS platform that uses artificial intelligence to sift through online information 24/7 to derive critical insights used to improve a company’s marketing and PR efforts.

Jorn Lyseggen, Founder and CEO, Meltwater said, “We are all drowning in social media, and the challenge we have is to identify information that is important and actionable. The team at Encore Alert is passionate about this problem. For the last three and a half years, they have worked tirelessly to condense this clutter down to a handful of daily alerts using sophisticated artificial intelligence. Their algorithms are successfully helping top brands such as the Denver Broncos, Le Creuset, and CES stay on top of emerging crises, important events, and critical trends.”

Encore Alert uses their proprietary algorithm to sort through billions of social posts —24/7—to identify trends, track interactions with important influencers, and arm users with critical industry intelligence. By sending alerts about only top priority conversations, Encore frees marketers from spending time sifting through overwhelming data dashboards and helps them concentrate on what matters most.

James Li, CEO, Encore Alert said, “We are very excited to be joining the Meltwater family. As the volume of online conversations about brands continues to increase at an overwhelming rate, the need for smart alerts that show marketing and PR professionals what to focus on is stronger than ever. The team at Meltwater shares this vision, and we’re excited to work with them to bring this solution to their thousands of incredible customers worldwide.”

Lyseggen added, “By integrating Encore Alert’s proprietary technology into our social offering, we will be even better positioned to help our 24,000 global clients to accelerate their follower growth, increase engagement, drive referral traffic, and protect their brand reputations. Meltwater’s acquisition of Encore Alert is another step in our commitment to create the world’s smartest software to aid executives in making informed decisions based on Outside Insight, insights created from external information.”

The production house has already established itself as the leader in the non-scripted genres. However, Rege now wants Endemol to achieve the same in the original scripted zone and film production

Naidu also talks about the ushering in of a new era of digital payments and says this is just the beginning and there’s lots of space for newer players to step in and evolve

Markus Noder, Managing Partner, Serviceplan International, shared innovative tools, ideas and methodologies to generate tangible business values

The primary reason that led to growth of OTT is the constant improvement of internet speed and service across the country: Sandeep Gupta, ACT Fibernet

India has become the diabetes capital of the world, with prevalence of the disease estimated to rise from 69.2 million to 123.5 million by 2040

Laban Stretchy Man, the new human shaped, stretchy, fruit flavoured chews from Orkla- Norway’s number one confectionery brand, has been launched and localized by MTR Foods in India