ThinkAnalytics profits up 200%
February 10, 2015
ThinkAnalytics, developer of a multiplatform TV search and recommendations engine, has announced year-on-year revenue growth of 50 per cent for the year ending December 31st 2014; profits were up by 200 per cent over the same period.
New customers that signed in 2014 include Fox, Sony, Sunrise, Get and Viaplay. The company also won several major new OTT contracts in North America and Europe and significantly expanded its footprint with existing customer Liberty Global. This brings the number of subscribers that will benefit from ThinkAnalytics’ technology to more than 150 million.
ThinkAnalytics’ Recommendations Engine has now been selected by over 60 video service providers in more than 30 countries across Europe, the Americas and Asia. The company now supports 22 languages worldwide, up from 17 in 2013. The breadth of the platform and functionality continues to expand, covering multi-channel deployments across STB, web, mobile, games consoles, and IPTV for cable, satellite, IPTV and OTT service providers.
ThinkAnalytics ended the year on a high, having received an Emmy® Award for Technology and Engineering from the National Academy of Television Arts & Sciences (NATAS), a fantastic accolade rewarding the pioneering spirit of the company in TV.
“We are continuing to see increasing demand for our technology offering and best practice solutions of intelligent search and personalized recommendations, making ThinkAnalytics the product of choice. Our solution can be deployed quickly in a matter of weeks, either on-premise or as a cloud-based service. In today’s fiercely competitive market, true personalised recommendations help video service providers differentiate their offerings, improve loyalty and increase ARPU,” said Peter Docherty, Founder and Chief Technology Officer, ThinkAnalytics.