Adgorithms Ranked Number 7 Fastest Growing Company in Israel on Deloitte’s 2016 Technology Fast 50™
Company Attributes 1102% Percent Revenue Growth to Quickly-Expanding Client Roster and the Launch of its Artificial Intelligence Platform Albert
Tel Aviv, IL, December 13, 2016
TEL AVIV, Israel–(BUSINESS WIRE)–Adgorithms, creators of Albert, the world’s first artificial intelligence marketing platform, was named one of the 50 fastest-growing technology companies in Israel. Adgorithms has a revenue growth rate of 1102%. For more about Adgorithms and Albert, please visit www.adgorithms.com.
The Deloitte Israel annual Technology Fast 50 program recognizes and honors the 50 fastest growing technology companies in Israel (private and publicly-held), based on percentage revenue growth over a four-year period. To qualify, companies must operate in any area of technology and own proprietary technology.
Adgorithms’ 1102% revenue growth is attributed to its first-to-market status in the marketing industry, heavy commitment to R&D, and the successful adoption of its fully autonomous artificial intelligence platform Albert by global brands, including Harley-Davidson, EVISU, and Made.com. Albert fills a great need for digital marketers who are overwhelmed by the number of channels, devices and formats they must wade through to try to keep up with the changing consumer landscape. As a result, the demand for Adgorithms’ offering has accelerated its year-over-year growth.
“Albert was brought to life over six years by a team of 80+ data scientists, engineers, and mathematicians, all based in Tel-Aviv. Our product is the result of their innovation,” said Or Shani, CEO of Adgorithms. “Deloitte’s recognition is a nod to our commitment to continuously applying new technologies to business solutions, and to our delivery of the most transparent and holistic digital campaigns brands have ever had access to. We are honored to be recognized by such a prestigious organization.”
Albert serves as a highly intelligent and sophisticated member of brands’ marketing teams, autonomously executing multi-channel digital campaigns by identifying the audiences most likely to convert, eliminating low-value audiences, and applying insights across channels. He performs many of the manual, time-consuming tasks that plague marketers—from digital media buying and execution to optimization, and analysis. Albert also offers proactive, ongoing insights and recommendations on information he has learned and uncovered along his journey.
“Making it on the Technology fast 50 shows a deep understanding of the market.” Said Shally Tshuva Technology, Media & Telecommunications Industry Leader at Deloitte Israel. “Presenting such growth rates shows that Adgorithms holds the agility needed to prosper in a challenging and dynamic market.
About the Deloitte 50 Awards
Deloitte’s Technology Fast 50 provides a ranking of the fastest growing technology companies including hardware, software, communications, media life sciences or clean tech – both public and private – in Israel. Technology Fast 50 award winners must be headquartered in Israel and are selected based on their growth percentage over the last four years.
Founded in 2010, Adgorithms is the maker of “Albert”, the first-ever autonomous marketing platform. Albert serves as a highly intelligent and sophisticated member of brands’ marketing teams that autonomously performs many of the manual, time-consuming tasks that comprise modern digital advertising and marketing campaigns. Albert also offers proactive, ongoing insights and recommendations on information he has learned and uncovered along his journey. Leading brands such as Harley Davidson, Evisu, and Made.com are leveraging Albert’s artificial intelligence capabilities to increase and accelerate revenue, make more informed investment decisions, and reduce operational costs – all at a pace and scale not previously possible. For more information visit www.adgorithms.com
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