Copenhagen, April 05, 2021 (GLOBE NEWSWIRE) — Announcement (Selskabsmeddelelse) no. 5-2021
The media-tech firm Hypefactors presents strong development figures for 2020.
Despite the surprising challenges arising from the covid-19 state of affairs, 2020 was the perfect yr for Hypefactors up to now. Revenue for the interval amounted to DKK 4.380m, in comparison with DKK 1.950m in 2019, similar to a rise of 125%. Hypefactors reached an annual recurring income (ARR) of DKK 4.910m as per December 31, 2020, (2019: 2.760m) which is a rise during the last twelve months of 78%. Significant investments have been made within the formidable growth of the corporate’s software program platform, which i.a. supplies customers with higher and extra data-driven nationwide and worldwide media intelligence.
On the industrial facet, the corporate continues the constructive pattern as we see a steady improve within the shopper base. Agreements have been made with various totally different firms and organizations. Saxo Bank, Louis Poulsen, Synoptik, MENU, Arriva, Billund Airport, Nemlig.com, Torm, Toms, Fleggaard, and Anti Doping Denmark may be talked about, however probably the most attention-grabbing level would be the variation among the many purchasers.
Agreements have additionally been made with assume tanks (corresponding to Justitia and Cevea), with various organizations inside tourism (like VisitAarhus and Destination Sjaelland), with elements of the general public sector (like Struer Municipality) and now we have additionally seen traction inside sports activities and leisure, because the Danish Golf Association, the Danish Canoe Federation, and the skilled soccer golf equipment Lyngby Boldklub and Odense Sport & Event at the moment are utilizing the Hypefactors platform. Further to this, now we have additionally gained contracts throughout the monetary space, bringing in purchasers corresponding to Basisbank, Newsec, and Akademikerpension
In addition, we see a rising curiosity amongst PR and communications companies, each in Denmark the place Kompas Kommunikation is likely one of the new purchasers, and in markets like Portugal and UK from the place different communications companies have entered into Hypefactors agreements.
Another commentary is that Hypefactors have gained contracts in opposition to all primary rivals in Denmark, UK, and Portugal, proving the worth of the Hypefactors’ product, and the need of getting trendy tech within the communications departments. WellChild, TechNation, FundCalibre, Prince’s Trust International, CCP Games, and Zwift are among the many UK purchasers and Discovery Channel and Levi’s are among the many Portuguese purchasers.
Hypefactors launched model 4.Zero of the Intelligent Media Reputation Crawler within the Hypefactors tech platform. This will profit all present and future purchasers in addition to open up new enterprise segments and alternatives. As one in every of few media intelligence firms on the planet, Hypefactors has developed a proprietary superior crawler know-how, looking, discovering, and enriching related media mentions in close to actual time. With model 4.0, greater than Four million articles are being streamed in constantly as large knowledge and enriched utilizing custom-built automated machine studying (ML) options. Add to this that greater than 2 million social media posts, photos, and movies are processed each day. The machine-learning primarily based Artificial Intelligence (AI) allows a singular stage of automation, scale and precision mixed that’s unreported of in science and enterprise. This specialised utility of AI on media knowledge turns our large knowledge into sensible knowledge for the customers.
Highlights of model 4.Zero are:
- Machine-learned commercial detector
- AI-assisted automated detection of latest related media sources
- Global media impression indicators
- Time-series evaluation utilizing AI-based publication date recognition throughout all languages
- More correct impression/readership estimation
- Unmatched machine-learned fame evaluation
Through these updates, extra media sources from non-Western areas have been added, incl. from Latin America, Middle East, and Asia. Also, extra area of interest websites and blogs have been added. This has considerably expanded our international media protection. The growth offering customers with the market’s most correct streams of related media knowledge has been made doable utilizing current theoretical advances in machine studying, and supported by Google and Amazon cloud options via the Silicon Valley-based accelerator Founder Friendly Labs, through which Hypefactors was invited to affix in 2019.
The milestone implementation is anticipated to supply new enterprise potential past the communications departments. R&D, Business Intelligence, Marketing and Sales may benefit from injecting related and sensible media intelligence knowledge into their operations. The Intelligent Media Reputation Crawler vers. 4.Zero strengthens the corporate’s platform and technological asset base and is anticipated to make a constructive contribution to the industrial growth of the corporate.
As the funding within the growth of the tech, belongings have additional strengthened the corporate’s answer and because the inflow of serious prospects paperwork the corporate’s worldwide competitiveness, the administration considers the corporate’s efficiency to be passable, not least given the detrimental impression of covid-19 in 2020.
CEO Casper Janns feedback:
“The growing demand for an easier, more data-driven, and measurable approach to media intelligence and reputation management matches perfectly with Hypefactors’ intuitive and AI-based solution. In 2020, we have strengthened our technological platform through a series of innovations and we have shown solid commercial progress. The international market potential for Hypefactors is substantial and we are in a better position than ever to unleash this potential.”
The demand for complete media intelligence tech options is anticipated to proceed to develop. Current turbulence and uncertainties surrounding the covid-19 associated adjustments in macro-and microeconomic issues, make it troublesome to launch outlook situations with a excessive diploma of certainty. The long-term market potential is anticipated to not be affected. The firm is experiencing substantial curiosity out there to entry a media intelligence answer that’s higher, cheaper or each in comparison with conventional press clippings options.
The full revised annual report for 2020 will shortly be made accessible for obtain at www.hypefactors.com/investor. When accessible an organization announcement may also be launched.
The firm’s annual normal assembly might be held on May 19, at 16:00 at Hypefactors’ premises, Kronprinsessegade 8B in Copenhagen Okay. However, that is topic to doable change attributable to Covid-19.
About Hypefactors A/S
Hypefactors is an built-in AI-powered Earned Media tech platform to help higher media intelligence and fame administration. Hypefactors mix knowledge, analytics, know-how, and instruments to supply a unified and easy-to-use expertise. With all of the instruments to automate and ease the work, and all of the info to doc the outcomes. In addition to media monitoring throughout the totally different media channels, the platform supplies entry to various info, incl. automated documentation of the financial worth and high quality evaluation of every third-party media point out. The platform additionally comprises different time-saving instruments corresponding to automatically-generated media experiences and a cellular app giving entry to real-time media mentions. The firm is listed at Nasdaq Growth Market in Copenhagen, Denmark.
For extra data, please contact:
Casper Janns, CEO: Tlf.: +45 20167481, e-mail: email@example.com
Pierre André Montjovet, Chairman of the Board: Tlf: +41 (0)78 922 33 0, e-mail: firstname.lastname@example.org
1306 Copenhagen Okay
Kapital Partner ApS
1608 Copenhagen V