|23 March 2016|
ThinkAnalytics™, developer of the world’s most deployed multiplatform TV search and recommendations engine, today announced that it signed 12 new customers in 2015 and is now used by over 70 video service providers in more than 40 countries around the world. Over the last year, ThinkAnalytics has added support for ten new languages and now supports 32 languages, including Hindi and Mandarin.
As well as expanding its footprint at Liberty Global, ThinkAnalytics signed Astro Malaysia, US provider CenturyLink, and PCCW in Hong Kong in 2015. The company also won contracts with a number of high profile operators in North America and Europe, Asia and LatAm. These wins take the number of subscribers that will benefit from ThinkAnalytics’ technology to over 170 million.
Demonstrating the scale of its business expansion, ThinkAnalytics recorded year-on-year revenue growth of 25% for the year ending 31 December 2015 while profits were up by 50 per cent over the same period.
ThinkAnalytics’ personalised recommendations helps customers to differentiate their offerings by enhancing the viewing experience, resulting in increased loyalty and the potential for higher ARPU.
At CES 2016 ThinkAnalytics enhanced its portfolio of products with the announcement of its Big Data analytics platform, ThinkBigData. This new solution delivers key insights and actionable information from viewing behavior data and content metadata, leading to reduced churn, new revenue opportunities, increased viewer engagement and enhanced content discovery.
“With our regional offices around the world we now have global reach. This, combined with the capability of deploying the solution in a matter of weeks either on-premise or as a cloud-based service, is resulting in an increased demand for our technology. We have a very positive outlook for 2016 with contracts wins and customer deployments continuing at an increasing pace,” said Peter Docherty, Founder and Chief Technology Officer, ThinkAnalytics.