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Advertising strategies are transitioning from real-time bidding to real-time forecasting.

MiQ's Chief Commercial Officer discusses Sigma, the firm's solution aiming to address the divided programmatic marketplace

Shift from Real-Time Bidding to Real-Time Forecasting in Programmatic Advertising
Shift from Real-Time Bidding to Real-Time Forecasting in Programmatic Advertising

Advertising strategies are transitioning from real-time bidding to real-time forecasting.

In the ever-evolving world of digital marketing, MiQ Sigma stands out as a game-changer in the realm of programmatic advertising. This AI-powered platform is designed to streamline and optimize the often fragmented and complex programmatic ecosystem, offering a unified solution for data, technology, and media workflows [1][3].

Key Capabilities of MiQ Sigma -------------------------------

MiQ Sigma consolidates data sources and media workflows, integrating over 300 separate data feeds and processing over 700 trillion signals related to consumer viewing, browsing, and purchasing behaviours [1][3]. This comprehensive view of audience data allows for AI-driven audience discovery, automated buying, and real-time insights to drive smarter media decisions [1][3].

The platform's modular architecture supports integration with multiple demand-side platforms (DSPs), enabling cross-channel programmatic advertising management from a single point of entry [1]. MiQ Sigma's AI analyses vast data sets in real-time, improving media outcomes like conversion rates and reducing costs per action [1][3].

The Problem It Aims to Solve -----------------------------

Historically, the programmatic advertising ecosystem has been fragmented and complex, with multiple disparate data sources, platforms, and processes that can slow down decision-making and reduce campaign effectiveness [1][3][4]. MiQ Sigma aims to unify this landscape, providing a data-driven, AI-enhanced approach that transforms enormous volumes of complex consumer data into actionable intelligence for smarter media buying [1][3].

By offering faster and more accurate campaign execution, MiQ Sigma enables marketers to navigate the complexities of the programmatic ecosystem more efficiently [1][3]. The platform's agentic AI is used for campaign decisioning, activation, and optimization, making processes quicker, more agile, and more precise [1].

Notable Features -----------------

MiQ Sigma is interoperable, allowing agency partners to build into the environment or use pieces of it to advance their technology capability [2]. The platform is designed for audience discovery, planning, activation, and reporting, all within a single interface [2].

The platform's predictive modeling capabilities shift the programmatic industry from real-time bidding to real-time predictions [1]. MiQ's intention with Sigma is to enhance, not replace, human involvement in campaigns [1]. There is no additional cost to clients for using Sigma; it does not add an incremental cost layer due to its advanced AI technology [1].

MiQ Sigma's data set covers the key consumer states of watching, browsing, and buying, and includes approximately 300 different data feeds that provide visibility over 700 trillion behavioural signals [1]. The platform's data comes from various sources, including automatic content recognition partners, panel data, YouTube data, browsing data from partners like Experian, and commerce data from partners like Fable and Circana [1].

Sigma provides deep layers of transparency in audience building and media curation, ensuring agencies and brands maintain control over their campaigns [1]. Clients find the simplicity of Sigma's single, seamless interface particularly resonant, as it consolidates the end-to-end campaign process previously spread across multiple interfaces and tools [1].

Currently, Sigma has demonstrated a 132% improvement in conversion rates and a 57% reduction in cost per action, but third-party validation of these metrics is in progress [1]. Future plans for Sigma include data partnerships with retail media networks and continuous evolution of the platform's capabilities [1].

References ---------- [1] MiQ. (2021). MiQ Sigma. Retrieved from https://www.miqdigital.com/products/miq-sigma/ [2] AdExchanger. (2021). MiQ's Sigma: An AI-Powered Tool for Programmatic Advertising. Retrieved from https://adexchanger.com/data-exchanges/miqs-sigma-an-ai-powered-tool-for-programmatic-advertising/ [3] MiQ. (2021). MiQ Sigma: The Future of Programmatic Advertising. Retrieved from https://www.miqdigital.com/blog/miq-sigma-the-future-of-programmatic-advertising/ [4] Adweek. (2021). MiQ Launches AI-Powered Programmatic Advertising Platform. Retrieved from https://www.adweek.com/programmatic/miq-launches-ai-powered-programmatic-advertising-platform/

  1. MiQ Sigma's comprehensive data integration, including over 300 data feeds and real-time analysis of consumer behaviors, empowers artificial intelligence-driven audience discovery, automated buying, and generates actionable insights in data-and-cloud-computing for smarter media decisions.
  2. In the media landscape, MiQ Sigma's AI-enhanced, modular architecture enables marketers to streamline their programmatic advertising through a unified solution, integrating with multiple demand-side platforms (DSPs) and providing faster, more efficient campaign execution.
  3. The consolidation of data sources and media workflows by MiQ Sigma also offers media insights for unifying the often fragmented and complex programmatic ecosystem, solving historical problems of inefficiencies and reduced campaign effectiveness by offering a data-driven, AI-powered approach, transforming complex consumer data into actionable intelligence.

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