As a result, we now have over 200 million subscribers under contract - by far the largest in the industry. - Eddie Young
IBC 2016, London and Los Angeles, X, 2016 - ThinkAnalytics ™, developer of the world's most deployed multiplatform TV search and recommendations engine, today announced strong FY2016 results on the back of continued global expansion across North and South America, Europe and Asia. Results for the financial year ending 30 June 2016 reveal turnover up 25% and profits up 45% year-on-year. The company now has over 200 million subscribers under contract.
Highlights in Europe include the extension of the firm's long-standing partnership with Sky UK to include all of Sky's European businesses as they roll out the new Sky Q platform and NowTV. Further afield ThinkAnalytics has signed a number of new customers in Asia including Star India, Hotstar and Astro – together encompassing substantial subscriber growth.
ThinkAnalytics' product development activity also showed no sign of slowing down during the year. The ThinkBigData platform, which was announced at CES 2016, is already operational in a number of clients and feedback is very positive. This takes the firm's Search and Recommendations Engine technology into the field of actionable data, giving customers further tools to drive their business with increased viewership and loyalty.
"Our continued strong momentum comes from securing strategic contract extensions with current customers, as well as further expansion throughout the regions from our local offices in the UK, Los Angeles, Pune and Singapore. As a result, we now have over 200 million subscribers under contract - by far the largest in the industry. Also important is our constant focus on new product development. Our team includes some of the brightest minds in the industry whose task it is to push the search and recommendations boundaries and deliver unrivalled technologies to our customers to help them achievetheir business goals." - Eddie Young, Chairman
ThinkAnalytics. 2016 has also been a good year for awards. ThinkAnalytics won two awards at the HSBC Exporter of the Year awards in March, including Exporter of the Year and Most Entrepreneurial Exporter of the Year. ThinkAnalytics will be showcasing its latest technologies at Hall 1, D92, IBC 2016.
ThinkAnalytics is the most widely deployed real-time personalized content and recommendations engine, bringing together intelligent search with comprehensive media content recommendations. With deployments possible in just weeks, ThinkAnalytics broadens customers' tastes with a personalized experience for live linear TV, VOD and over-the-top, delivered through multiple platforms including the set-top box, Web, IPTV, tablet, mobile, and more.
The platform, available as a cloud-based or on-premise solution, is based on the industry's most comprehensive data and text mining techniques. The company's customer base of over 70 video service providers serves more than 200 million subscribers worldwide. Customers include Cox Communications, Liberty Global, Sky, Swisscom, Viaplay, Unitymedia and Zon.
ThinkAnalytics is a private, employee-owned company jointly headquartered in the U.S. and the UK.
In 2014 ThinkAnalytics received an Emmy® Award for Technology and Engineering from the National Academy of Television Arts & Sciences (NATAS).