Tuesday, 3 November 2020

COVID-19 is accelerating digitalisation of the finance function

 






03 November 2020

By Jordaan Burger Financial Director for Sage Africa & Middle East

The COVID-19 pandemic hasn’t just shut down large parts of the world and forced a significant number of employees to work from homJGroup and FoxPush Launch the World’s First Performance & Arabic Demand-side Platform


The DSP platform will include Cost per Action (CPA) and Cost per Lead (CPL) bidding, models


The DSP will offer programmatic direct buy solutions to advertisers, media buying agencies, and brands


The DSP is linked to premium publishers across GCC and over 50 top global Supply-side Platforms (SSPs)


The DSP elevates the performance of targeted campaigns with a focus on Arabic speaking audience.


Dubai, United Arab Emirates, 03 November 2020: JGroup, a Lebanon-based holding company with a vast portfolio of subsidiaries across the Middle East, Europe, Asia, and United States, together with Dubai-based FoxPush, the region’s first company to provide a full-stack solution for publishers and digital advertisers, today announced the launch of world’s first Arabic performance-based Demand-side Platform (DSP). This launch represents the second phase of the partnership between JGroup and FoxPush which centers on unlocking endless possibilities for advertisers, media agencies, and brands worldwide while creating a strong global footprint within the digital advertising industry.

As the first Arabic DSP in the market, the solution will include Cost per Action (CPA) and Cost per Lead (CPL) buying models to cater to the length and breadth of unique and targeted requirements of the brands, advertisers, and media buying agencies. The DSP offers programmatic direct buy solutions to customers and is linked to premium publishers across GCC as well as to over 50 prominent Supply-side Platforms (SSPs) worldwide.

DSP is a software solution used by advertisers and media buying agencies to efficiently purchase videos, mobile, display, and search ads in an automated fashion. JGroup and FoxPush amplifies the performance level of a DSP, especially to target and capture the mind space of Arabic audiences.

Imad Jomaa, Founder and President of JGroup said “digital consumers are swiftly changing the dynamics of advertising across the globe. Advertisers, media buying agencies and brands are expected to interact with digital consumers at every touchpoint to ensure they secure top of mind brand recall. With the world’s first Arabic DSP, we enable a brand to achieve this part of the customer journey with ease, especially when they want to focus on Arabic speaking audience. The launch of the first Arabic DSP in the world is a milestone achievement not only for us, but for the whole advertising industry. It helps, supports and motivates all of us to broaden our offerings to the Arabic-speaking demographic and elevate the engagement level of digital advertising.”

Ahmed Elsayed, Co-Founder, and COO at FoxPush said “launching the first Arabic DSP in the world is a moment of pride for us at FoxPush. It is a game-changing solution that is engineered to cater to the Arabic audience and truly focuses on their needs and demands. There are over 420 million Arabic speaking people in the world and our Arabic DSP will enable brands and advertisers to help reach out to this wide demographic through the power of mobile, video and display. The solution has the capabilities to drive the wave of transformation forward within the digital advertising industry.”

FoxPush is the latest investment venture of JGroup and an addition to the varied businesses across multiple sectors helmed by serial entrepreneur, Imad Jomaa. Recently, JGroup announced an investment of USD 15 million in FoxPush which launched a programmatic performance technology platform that delivers qualified leads to brands with an aim to increase the performance of their website and the efficiency of their targeted digital campaigns.

At present, FoxPush owns a data management platform and is a rich source of curated data for the Arabic audience and its publisher side solutions are used by over 50,000 websites worldwide. By leveraging its advanced suite of solutions, FoxPush can reach 3 out of 5 people living in the Middle East and North Africa region.

Advertisers, brands, and media buying agencies will be able to access the new DSP from Jan 2021, however, JGroup and FoxPush are open to creating accounts for selected brands or advertisers.






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