5 Sep 2019 07:00
05 September 2019
Location Sciences Group PLC
("Location Sciences" or the "Company")
Partnership with Blis
Location Sciences announces contract with Blis to drive data verification and transparency in the advertising industry
Location Sciences (AIM: LSAI), the leading mobile location data and intelligence expert, announces a new 18-month contract with Blis, the global leader in real-world intelligence. Blis is the first global location intelligence company to embrace independent verification of data quality.
Blis will use Verify, Location Sciences' proprietary location verification platform, to provide independent, media-agnostic analysis and authentication of its location-targeted advertising data.
Blis and Location Sciences are coming together as two independent companies with a common goal for more transparency and data integrity in the advertising industry. At a time when clients are looking for more accountability from their technology partners, and increased transparency for their digital activity, this alliance paves the way for substantial improvements in data accuracy. Clients are demanding third-party verification and Location Sciences' Verify product can now provide that independent layer of validation and assurance for Blis' global client base.
Mark Slade, CEO of Location Sciences, said: "Together with Blis, we are taking the lead globally in terms of bringing transparency to location data. In a market where suppliers can all claim to be experts in location, it's our experience that the best are the first to embrace independent verification. The adoption of Verify is testament to the quality of Blis' platform and the data achieved near perfect scores (99%) in our tests - once again showing that quality and accuracy in this sector can be achieved. Blis' confidence in that data further demonstrates the open and honest approach it takes with its customers."
Greg Isbister, CEO of Blis, commented: "Transparency and data accuracy are at the core of our business, underpinning everything we do. Our proprietary technology, Smart Pin, filters out over 80% of the data received because it doesn't meet our quality and accuracy standards. Our clients turn to us for high-quality data to better understand their customers and drive engagement and sales. Being independently recognised by Location Sciences both for location data and signal quality accuracy adds a valuable layer of impartial authentication for our customers. We're proud to be the first in our industry to offer independently verified data on a global scale."
For further information please contact:
Location Sciences Group PLC | via Milk and Honey PR |
Mark Slade, Chief Executive Officer | |
David Rae, Chief Financial Officer | |
Shore Capital | Tel: +44 (0)20 7408 4090 |
Tom Griffiths | |
David Coaten | |
Milk & Honey PR |
Tel: +44 (0)20 3637 7310 |
Kirsty Leighton | |
Jessica Ballinger |
About Location Sciences Group PLC:
Location Sciences is the pre-eminent global location verification provider to the $106 billion digital advertising industry. Working in partnership with brands, media agencies and suppliers to reduce ad-wastage and improve the effectiveness of location-based advertising campaigns.
The digital advertising marketplace remains unregulated and un-monitored, with an estimated $19 billion wasted on ad-fraud in 2018. Location Sciences has developed Verify, the world's first independent location verification product. Utilising sophisticated machine learning and pattern recognition technologies Verify detects location ad-fraud and shines a light on location data inaccuracy with the aim of bringing back integrity, transparency and trust to the marketplace.
About Blis
Blis is the global leader in real-world intelligence. We specialise in understanding real, human behaviour by analysing vast quantities of mobile location data. This gives businesses a uniquely powerful tool: the truth about what people actually do, to improve consumer engagement and deliver measurable sales uplift.
Our Smart Platform provides unmatched transparency, accuracy and scale through three proprietary technologies: SmartPin, Smart Scale and Smart Places. This enables more effective planning, activation and measurement for marketers and business decision makers alike, fuelling the next generation of insight-driven marketing.
With 33 offices across five continents, Blis works with the world's largest and most customer-driven companies across all verticals including Unilever, Samsung, McDonald's, HSBC, Mercedes Benz and Peugeot, as well as every major media agency to reach over a billion mobile devices a year. To learn more, visit blis.com.