Ep. 43 Kristina Prokop from Dun & Bradstreet chats with AdTechGod
Aug 27, 2024
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Kristina Prokop, former CEO and founder of Eyeota, a leading provider of privacy-compliant audience data, reflects on her journey from startup to a $165 million acquisition. She discusses tackling the impacts of cookie deprecation and highlights innovative solutions like LiveIntent's Hero. Kristina shares insights on navigating diverse European regulations and culture, illustrating the importance of adaptability in tech. She also delves into the entrepreneurial drive behind continuous innovation and the changing landscape of audience data amidst regulatory challenges.
Kristina Prokop highlights the transition to the post-cookie era, emphasizing first-party data's critical role in addressing privacy challenges and enhancing audience targeting.
Prokop shares her entrepreneurial experience with Eyeota's success and its acquisition, underscoring the importance of high-quality, privacy-compliant data in the global market.
Deep dives
Navigating the Post-Cookie Era
The conversation covers the significant shift in advertising technology as the industry moves towards a post-cookie era, raising concerns about future revenue growth. LiveIntent's solution, Hero, is highlighted as a transformative tool that converts non-addressable audiences into addressable inventory through the use of first-party data. This framework is designed to help marketers navigate the complexities brought on by evolving privacy regulations and the deprecation of cookies. With Hero being scalable and interoperable, it aims to maintain effectiveness and drive efficiency in targeting audiences.
The Journey of IOTA
Christina Prokop discusses her entrepreneurial journey leading to the creation of IOTA, a company specializing in privacy-compliant audience data, which was eventually acquired by Dun & Bradstreet for $165 million. Her experience at Adify, which lacked an international focus after being bought by Cox, spurred the development of IOTA as a go-to data company for markets outside the USA. Prokop's insight into the importance of data within digital marketing led to IOTA's significant growth across Europe, Asia, and beyond, before successfully entering the U.S. market. This journey underscores her commitment to adapting and responding to the needs of varied markets while maintaining a focus on high-quality data offerings.
Future of Audience Data and Industry Insights
The discussion delves into the future of audience data, particularly in the context of regulatory changes and the increasing importance of first-party data. Prokop asserts that, while cookie deprecation poses challenges, it also accelerates brand maturity in data management, paving the way for innovative data applications and collaborations. She emphasizes that the integration of data across different identifiers and platforms will drive the next wave of growth in digital advertising. The exploration of emerging channels such as CTV and digital out-of-home indicates a promising horizon for audience targeting and data utilization in the evolving advertising landscape.
Kristina Prokop was the CEO and founder of Eyeota, a global provider of privacy-compliant audience data for marketers and advertisers. Eyeota's innovative approach to delivering high-quality, actionable data significantly impacted the industry. In recognition of its success, Dun & Bradstreet acquired Eyeota in November 2021 for an impressive $165 million.