Commenting on this development, Anuj Khanna Sohum, the Chairman, MD and CEO of Affle said, “Affle has pioneered inventions and innovations in mobile marketing since 2005 and we are thrilled to be granted a total of 6 US patents as on date. Our patents for fraud prevention filed in 2017, demonstrate our scientific rigor and our commitment towards powering digital transformational journeys for advertisers globally. Ad fraud remains one of the top industry concerns and we have invested to enhance our intellectual property on ad fraud detection capabilities to prevent ROI erosion for top marketers. We continue to invent cutting-edge platform-focused solutions, advancing our tech thought leadership and augmenting our strategic defensibility globally.”
Closely driving the patents portfolio at Affle, Charles Yong, the Chief Architect and Technology Officer said, “Our team has done extensive R&D to build robust and reliable algorithms to help detect, highlight and eliminate multiple types of ad fraud. We have identified future usage of Blockchain technology as the trusted immutable platform for efficient sharing of insights amongst relevant stakeholders within the mobile marketing ecosystem to minimise mobile ad fraud in real-time. This technology has many applications and use cases for the future especially in fraud with the proliferation of devices such as IoT devices growing exponentially.”
Affle is a global technology company with a proprietary consumer intelligence platform that delivers consumer engagements, acquisitions and transactions through relevant Mobile Advertising. The platform aims to enhance returns on marketing investment through contextual mobile ads and also by reducing digital ad fraud. While Affle's Consumer platform is used by online & offline companies for measurable mobile advertising, its Enterprise platform helps offline companies to go online through platform-based app development, enablement of O2O commerce and through its customer data platform.
Affle (India) Limited successfully completed its IPO in India and now trades on the stock exchanges (BSE: 542752 & NSE: AFFLE). Affle Holdings is the Singapore based promoter for Affle (India) Limited, and its investors include Microsoft, Bennett Coleman & Company (BCCL) amongst others.
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