YouGov acquires social analytics company Portent.IO

INSUBCONTINENT EXCLUSIVE:
YouGov, the international data and analytics group, has acquired ‘social analytics’ startup Portent.IO, a company that it had previously
invested in
Terms of the deal remain undisclosed, although I understand the acquisition includes Portent.IO‘s technology, clients and its team,
including its data scientists.“We’re all staying on and the entire team including myself have 3-year lock-ins,” Portent.IO co-founder
and CEO Hamish Brocklebank tells me
“We are also going to be rebranded as ‘YouGov Signal’ and the existing team will continue to run the business — I’ll be MD
founder of YouGov Signal, for example — but with the added operational, administrative and technical support of the broader YouGov
family”.As well as YouGov providing financially backing for Portent.IO, the two firms had also been working together, with Portent.IO
utilising YouGov data within its solution, which mainly focussed on the film and television industry
This includes using YouGov’s panel to survey consumers and using YouGov Profiles data to help media teams plan their marketing campaigns
by “mining” audiences around movies, programmes, and actors.Portent.IO’s customer base includes Paramount, Sony, Lionsgate, the BBC,
along with other major film studios and a number of TV networks.“Without trying to be too buzzwordy, we’re a data science-focused social
listening and digital media analytics platform,” says Brocklebank
“In short, we track social, news, product reviews and digital data around movies, TV shows, sports teams and now brands across the web and
across 40 countries
This data includes text analysis data, view counts of videos, comments, likes, retweets and more”.Meanwhile, the acquisition is said to
enable YouGov to increase the scope of its offering and provide clients with better social monitoring and data science analytics tools
And although Portent.IO’s tech is currently focussed on the entertainment industry, YouGov plans to extend its application across other
sectors.“The platform plugs into YouGov’s wider product suite – complementing its current services, including data products, data
services, and custom research – to provide a 360 degree view of marketing campaigns,” says the two companies in a statement.“Our data
science team and advance machine learning NLP tools will be assisting with YouGov’s ongoing data science efforts and a lot of our text
classification tools can be applied to their broader market research efforts,” adds Brocklebank
“Our expertise in the film and TV space will [also] help YouGov expand further into that market”.