Company Research Report: Broadsign International, Inc.
Company Overview
Name and Mission
Broadsign International, Inc. (Broadsign) believes in a world where bold creativity inspires bright ideas. The company aims to make buying, selling, and delivering out-of-home (OOH) media easier than ever. Its mission is to empower customers to inform, entertain, and delight worldwide audiences through connected screens.
Founding and Key People
Broadsign was founded in 2003 as a small Montreal-based company focused on digital signage. The company is led by key individuals including:
- Burr Smith: Chairman, President, and CEO
- Dana Tunks: Chief Financial Officer
- Joe Cotugno: Sr. Vice President, International Operations
- Maarten Dollevoet: Chief Revenue Officer
- Bryan Mongeau: Chief Technology Officer
Headquarters and Employee Base
Broadsign is headquartered in Montreal, Quebec, Canada, with additional offices in locations such as Toronto, Berlin, Sydney, and Shanghai. The company employs 300 people globally.
Revenue
No information is available regarding the company's revenue.
Recognition
Broadsign has been recognized as one of Canada’s Top Small & Medium Employers for four consecutive years as of 2023.
Core Competency
Broadsign is known for its digital signage software and out-of-home advertising solutions that connect media owners, agencies, and brands with audiences on a real-time basis.
Products
Broadsign Platform
Broadsign provides a comprehensive platform designed to manage out-of-home business operations with ease. Its suite of features includes:
- Campaign Planning
- Audience Campaigns & Ad Serving
- Content & Network Management
- Static Campaigns
- Programmatic Supply-Side Platform
- Local Signage Messaging
Key Product Features
- Broadsign Ads: A Demand-Side Platform (DSP) for programmatic DOOH campaigns.
- Broadsign Control: For scheduling and content management.
- Broadsign Direct: For guaranteed campaigns.
- Broadsign Reach: For extending programmatic campaigns.
- Broadsign Publish: Local signage messaging solutions.
Recent Developments
Strategic Partnerships and Acquisitions
- Screenverse Partnership: Broadsign has partnered with Screenverse to maximize programmatic DOOH opportunities.
- Acquisitions: Cumulative acquisitions of Ayuda Media Systems and Canadian DSP Campsite to enhance OOH advertising solutions.
Technological Advancements
Broadsign launched the Broadsign Reach, a programmatic DOOH SSP, rapidly integrating with multiple DSP partners.
Community and Industry Engagement
Broadsign has been active in the industry by organizing online summits and participating in major events such as the World Out of Home Organization Forum.
Sustainability Initiatives
Broadsign is investing in sustainable practices, focusing on reducing its carbon footprint through digital products designed with sustainability in mind.
Notable Campaigns
Several successful client campaigns harnessing Broadsign’s platform have achieved impressive results, including:
- A +500% lift in intent for Holt Renfrew's campaign.
- A 144% increase in purchase consideration for Sea-Doo.
Conclusion
Broadsign stands as a leader in the digital out-of-home advertising industry by constantly driving innovation, leveraging strategic partnerships, and focusing on sustainability. This solidifies its position in a competitive market, empowering brands worldwide to connect with audiences through innovative and meaningful advertising solutions.