FYI

Malaysian Digital Association picks Comscore and SimilarWeb as partners

MDA’s Serm Teck Choon

The Malaysian Digital Association has renewed a contract with Comscore as its measurement partner for audience currency. 

SimilarWeb has been appointed to the MDA’s first ever measurement partner for market insight. SimilarWeb claims to have the world’s largest panel and to provide granular insights on any website, app, industry or market.   

The announcement:

The Malaysian Digital Association (MDA) have reappointed Comscore as the Measurement Partner for Audience Currency while SimilarWeb is appointed as the body’s first-ever Measurement Partner for Market Insight to provide reliable and holistic industry standards. 

The MDA hopes to help the industry to have a deeper understanding in audience currency and market Insight to uncover growth opportunities and power better buying decisions in the digital media with this endorsement and partnership with the selected vendors. 

MDA President Mr. Serm Teck Choon explained that the thorough pitching process to finalise the two partners entailed input from a Selection Committee comprising senior leaders from amongst agencies, publishers and digital service providers, who are also the MDA council members. 

“With Comscore as our measurement partner for Audience Currency, we provide a trusted currency to the industry for planning, transacting, and evaluating media across platforms. 

Meanwhile, SimilarWeb, who is our newly added measurement partner for Market Insight, will give us multi-device granular insights to understand and track digital market share of various brands and publishers.” Serm, the Malaysia Country Head of CtrlShift, added. 

The MDA’s endorsement of an audience currency partner stretches back to 10 years ago – when the body was founded – and is a result of an initiative under their Audit and Research Council in 2009. 

“As the industry continues to rapidly evolve and churn out so much datasets in such a complex ecosystem, the MDA realise that it is the right time to not only expand the endorsement beyond audience currency but also to include market insight.” Serm said. 

Serm asserted that digital consumption trends and all the accompanying data might overwhelm marketers and the solutions being endorsed allow marketers to analyse these trends and data and determine the proper digital advertising plans to achieve high returns. 

MDA’s Audit and Research Council Co-Chair Yee Wing-Tak (余永德) underlined Serm’s views. 

“In the complex world of digital marketing, we must have data that is insightful and addressable. Every decision has to be measurable and accountable for us to move our digital ambition forward. We are at a stage where we are increasingly hungry for more data measurement sources and for this, we are pleased to have on-board, our measurement partners – Comscore and SimilarWeb.” Yee, head of mPlatform of GroupM, said. 

Comscore, which extends their association with the MDA into the fourth term, is again eager to lend their pioneering audience measurement expertise and independent reporting capabilities to the MDA and industry in general. 

“We are thrilled to be reappointed as the digital audience currency for the Malaysian market. This is a critical market for Comscore and we look forward to continuing to help companies improve their return on investment and make future decisions with confidence.” said Kedar Gavane, Senior Vice President, Asia Pacific at Comscore. 

SimilarWeb, which serves small businesses and leading enterprises across 190 countries, are equally pleased to be embarking on a partnership with the MDA to provide multi-device market intelligence to understand, track and grow digital market share. 

“The MDA have taken the lead in the region by endorsing our solution for advanced business intelligence. As the industry matures, companies need to make decisions based on many more data points to ensure that strategies and execution continue to be more efficient and effective. We are honored and excited to work alongside the MDA in this endeavour”, Carroll Kee, General Manager SEA, SimilarWeb Certified Partner, said. 

Source: MDA press release

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