Yahoo launches big data analytics tool for online advertisers

'Genome' designed to let marketers deliver more targeted campaigns

Yahoo today launched a new tool for online advertisers designed to take advantage of the company's extensive experience with big data analytics.

The tool, called Genome, is designed to help companies deliver more targeted online advertising and marketing campaigns. Genome is scheduled to become available in July and will let online advertisers sift through and analyze massive amounts of behavioral and advertising-related data gathered from Yahoo's networks as well as those of interclick, a company Yahoo acquired in December.

The tool will also let advertisers bring in their own data, mash it up with Yahoo's data sets and run analytics on the combination, Yahoo said in a statement.

"Genome is the culmination of a strategy that was put in place last year with the display ad agreement with Microsoft and AOL as well as the acquisition of interclick," Yahoo said. It will help "marketers organize and navigate the chaos of the data ecosystem while delivering results that can build brand value, increase conversion rates and grow revenue."

Yahoo's Genome announcement comes just a few weeks after Google touted BigQuery, a service that lets enterprises upload and analyze massive amounts of data on Google's cloud infrastructure. Google's service differs from Genome in that it is designed to let enterprises use Google infrastructure for analyzing their own data sets for different applications. Genome is targeted specifically at marketers and will allow companies to leverage Yahoo's data sets in addition to their own.

Both Genome and BigQuery are a response to what analysts say is a growing need for technologies that can help companies manage and analyze the massive volumes of data resulting from trends such as cloud computing, mobile computing, social media and globalization.

Over the past two years or so, scores of startups have emerged up with tools to help companies run business intelligence, data analytics and predictive analytics applications against big data sets. In many cases, companies have been implementing these tools on their own. With Genome and BigQuery, Internet companies such as Yahoo and Google are looking to deliver tools and services that enterprises can without having to invest in their own infrastructure.

Yahoo's Genome announcement comes even as the company is reeling from the departure of CEO Scott Thompson, who left Yahoo Sunday amid questions about the validity of his academic credentials. Ross Levinson has been named interim CEO while the company looks for a replacement for Thompson.

Jaikumar Vijayan covers data security and privacy issues, financial services security and e-voting for Computerworld. Follow Jaikumar on Twitter at @jaivijayan or subscribe to Jaikumar's RSS feed. His e-mail address is jvijayan@computerworld.com.

See more by Jaikumar Vijayan on Computerworld.com.

Read more about bi and analytics in Computerworld's BI and Analytics Topic Center.

FILL IN THE SURVEY - AND YOU COULD BE A WINNER: ARN wants to hear from YOU. Tell us how you run a successful business and you could win an adrenaline-fuelled adventure of your choice. COMPLETE THE ARN SURVEY.

More about AOLGoogle AustraliaMicrosoft Pty LtdScott CorporationTopicYahoo

ARN Directory | Distributors relevant to this article

Comments

Comments are now closed

 
Computerworld
CIO
Techworld
CMO

Latest News

02:30PM
Investment in services pays off for ASG
01:50PM
Voice over 4G: Vodafone lands Australian first
12:47PM
Distribution Central launches Fusion Systems in SAN Systems rebrand
11:59AM
Elisha joins Pivotal as new CTO
More News
21 Aug
CAST 611 Advanced Penetration Testing
25 Aug
CA IT Leaders Forum ’14 Brisbane
26 Aug
Integrate 2014 Exhibition & Conference
26 Aug
CA Expo ’14 Sydney
View all events