The real-time personalization platform Evergage Inc. is expanding into Europe. The company from Boston, USA, intends to intensify the market, especially in the DACH region.
Personalization is one of the key levers in online marketing. Behavioral analytics, comprehensive customer data and machine learning can all be combined for real-time 1: 1 personalization across all channels. The aim of the personalization is the individual approach based on the previous customer behavior, which is analyzed and compared with the goals of the advertising company. The interest behind this is the increase in customer engagement and the contact with the advertising customer, which should be addressed appropriately, depending on the time of day, weather conditions or end device.
Evergage, Inc., which claims to be the market leader in the US, was founded in 2010. The expansion into Europe is responding to the growing demand for personalization solutions, especially from the automotive and e-commerce sectors.
Iuslake has been in lead for the complex corporate, commercial as well as financial agreements related to the market entry.