Curated News
By: NewsRamp Editorial Staff
May 13, 2024
Ocurate Unveils Groundbreaking Machine Learning Technology for Digital Advertising
TLDR
- Ocurate's ML technology increases ROAS by 15%, giving advertisers a competitive advantage in acquiring customers at the ideal price point.
- Ocurate's ML uses real-time event stream data and advanced neural networks to predict customer value, enhancing model performance and setting new industry standards.
- Ocurate's ML technology helps D2C brands add $1.5M in revenues for every $10M generated from online ads, a significant step toward profitability.
- Ocurate's new White Paper on machine learning technology transforms digital advertising by increasing ROAS and delivering unprecedented precision and accuracy.
Impact - Why it Matters
The release of Ocurate's new machine learning technology has the potential to significantly impact the digital advertising industry, as it promises to increase ROAS by 15% and more for D2C ecommerce companies. This innovation could lead to a major shift in how online ads are utilized, ultimately resulting in increased revenue generation and a significant step toward profitability for businesses utilizing the technology.
Summary
Ocurate has released a new White Paper on its machine learning technology, which promises to revolutionize digital advertising by increasing ROAS by 15% and more. The company's sophisticated framework utilizes real-time event stream data and advanced neural networks to predict customer value with unprecedented precision and accuracy. The end-to-end solution has already shown a ROAS increase of at least 15% for some of the biggest D2C ecommerce companies, and is expected to add an additional $1.5M in revenues for every $10M generated from online ads.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, Ocurate Unveils Groundbreaking Machine Learning Technology for Digital Advertising
