Oracle Advertising

Last updated
Oracle Advertising
FormerlyDatalogix
Industry Online Advertising
Founded1 January 2002  OOjs UI icon edit-ltr-progressive.svg
Successor Oracle Corporation
Headquarters Austin, Texas, United States
Website www.oracle.com/cx/advertising/

Oracle Advertising, formerly Datalogix, is a cloud-based consumer data collection, activation, and measurement platform for use by digital advertisers. Datalogix was a consumer data collection company based in Westminster, Colorado [1] [2] that provided offline consumer spending data to marketers. [3] In December 2014, Oracle signed an agreement to acquire Datalogix. After the acquisition, Datalogix's name changed to Oracle Data Cloud, [4] [5] [6] which later became Oracle Advertising. [7] [8] Oracle Advertising is part of the Oracle Advertising and Customer Experience (CX) application suite.

Contents

This collected data, which includes purchase data from stores, credit cards, and loyalty cards, helps marketing teams determine their ad campaigns' effectiveness and those that will potentially increase profits, [9] with Datalogix clients including retail stores, grocers, travel agencies, PepsiCo, Ford, and the Dr. Pepper Snapple Group. [10] After consumer spending behaviors are measured, the information is sold to advertising companies and publishers, such as Facebook, Google, Twitter, Snapchat, and Pinterest. [11] [5] [4] Advertisers then use the information obtained to tailor online ads and reach new or existing customers. In turn, publishers use the data to determine the amount of profit advertisers earn and to convince them to purchase more ads that will feature on their websites. [12] Advertisers and publishers have used Datalogix to help increase profits, as the use of digital media continues to expand.

In 2017, Oracle also acquired Moat, an ad measurement company, which also became part of Oracle Data Cloud, now Oracle Advertising. The Moat acquisition added measurement and analytics capabilities to allow advertisers to track and measure media, as well as the performance of interactions with online ads. [13]

BlueKai, acquired by Oracle in 2014, is a cloud-based data collection platform that uses website cookies to collect online tracking data. The tracking data is then used by marketers to target users with ads specific to their interests, behavior patterns, or demographics. BlueKai is part of Oracle Marketing. [14]

In June 2024, Oracle announced it would stop supporting its advertising products on September 30 2024. [15] [16]

Privacy issues with consumer data collection

Some consumers and agencies are against companies that use Datalogix because it brings into question the issue of consent, as a vast majority of consumers do not want their information collected, measured, or sold. [9] The FTC was involved in investigating a deal between Datalogix and Facebook, to see if it violated privacy issues. [9] Datalogix obtains data from Facebook users by matching e-mail addresses from a Customer Relationship Management database (CRM), along with additional information people use to create personal Facebook accounts, in order to tailor specific audiences for advertisers. [9] Datalogix tailors specific audiences by grouping consumers together according to their similar interests, behavior patterns, or demographics. [17] The company reports that it keeps the information anonymous and gives consumers the option to opt out of data collecting and reporting by selecting the opt-out option on its website. [18]

Funding

In May 2014, Datalogix raised $45 million Series C round led by Wellington Management Company. This round, joined by existing investor IVP, brought Datalogix to $86.5 million in funding plus an undisclosed round raised from Breyer Capital. In April 2013, the company raised $25 million. [19]

See also

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References

  1. ↑ Constine, Josh. "Datalogix Raises $ 25M to Pump Juicy Offline Purchase Data into Google and Facebook" . Retrieved 28 January 2014.
  2. ↑ "Oracle buys Westminster ad-analytics firm Datalogix". The Denver Post. 2014-12-23. Retrieved 2022-05-31.
  3. ↑ "Not All Audiences Are Created Equal" . Retrieved 27 January 2014.
  4. 1 2 Shields, Mike (2017-01-19). "Snapchat to Enable Ad Targeting Using Third Party Data". Wall Street Journal. ISSN   0099-9660 . Retrieved 2022-05-31.
  5. 1 2 Shields, Mike (2017-08-09). "Oracle is quietly becoming the most intriguing company in advertising". Business Insider. Retrieved 2022-05-31.
  6. ↑ Sell, Meredith (2021-07-01). "Eric Roza Is Ushering in a Healthier Era of CrossFit". 5280. Retrieved 2022-05-31.
  7. ↑ "Companies Using Oracle Data Cloud, Market Share, Customers and Competitors". discovery.hgdata.com. Retrieved 2022-05-31.
  8. ↑ Bennathan, Matt (2021-05-20). "Third-party cookie cull: Ready for the cliff-face?". The Drum. Retrieved 2022-05-31.
  9. 1 2 3 4 Mills, Elinor. "Privacy Experts to Ask FTC to Probe Facebook-Datalogix Deal" . Retrieved 28 January 2014.
  10. ↑ Edwards, Jim. "The CEO of Datalogix Just Gave Us a Glimpse Into Facebook's "Big Data" Strategy" . Retrieved 28 January 2014.
  11. ↑ Constine, Josh. "Datalogix Raiser $25M to Pump Juicy Offline Purchase Data into Google and Facebook" . Retrieved 28 January 2014.
  12. ↑ Constine, Josh. "Datalogix Raises $25M to Pump Juicy Offline Purchase Data into Google and Facebook" . Retrieved 28 January 2014.
  13. ↑ Ha, Anthony (2017-04-18). "Oracle acquires ad measurement company Moat". TechCrunch. Retrieved 2022-06-18.
  14. ↑ Whittaker, Zack (2020-06-19). "Oracle's BlueKai tracks you across the web. That data spilled online". TechCrunch. Retrieved 2022-06-30.
  15. ↑ Perloff, Catherine (2024-06-17). "Oracle Will End All of Its Ad Products by Sept. 30". www.adweek.com. Retrieved 2024-06-19.
  16. ↑ Perloff, Catherine (2024-06-12). "Oracle Is Shutting Down Its Ad Business". www.adweek.com. Retrieved 2024-06-19.
  17. ↑ "How Data is Used" . Retrieved 27 January 2014.
  18. ↑ "Privacy Policy". Datalogix. Retrieved 27 January 2014.
  19. ↑ "Datalogix Raises $45 Million Series C To Pipe Offline Purchase Data To Facebook And Twitter". TechCrunch. Retrieved 10 August 2020.
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