VMblog
recently sat down with
Luminati Networks' CEO Or Lenchner to discuss how
their global data collection automation (DCA) platform provides a
transparent view of the internet for its customers that span over industries
like retail, travel, finance and more - all while maintaining a stringent
code of ethics.
VMblog: Can you start out by letting us know
what Luminati does?
Or Lenchner: Luminati Networks is the largest IP proxy network
operator in the world that helps businesses gather openly available online data
in an ethical manner. We work with over
10,000 customers to provide brands with a transparent view of the internet from
wherever they are based in the world. Using a first-of-its-kind Data Collection
Automation platform, we enable clients to route their data collection
requirements through various points in our global network.
Being able to navigate using geographic locations
lets us achieve our goal of bringing complete transparency and openness back to
the internet. It lets us give our customers the ability to see the web through
the eyes of consumers and potential consumers, so they have an accurate
perspective of how their own customers are interacting with their brand and
competitors' brands. This also lets our customers bypass any blocking deployed
to prevent them from obtaining accurate data on competitor websites.
Ultimately, it means organizations can make better, faster, more informed, decisions
based on real-time competitive intelligence.
To put it in real-life terms, imagine you're
buying a shirt from your favorite e-commerce brand. It's highly likely that, in
order to set the most attractive price for that particular shirt, the brand has
used Luminati's vast Data Collection Automation platform. It's the same for
when you're booking a flight or hotel room through an online travel site.
Chances are the prices being displayed were determined by extensive market
research the travel site has conducted leveraging Luminant's operation.
VMblog: You offer customers several types of
services. What are they, and how can a company decide which is best for them?
Lenchner: We offer
many different data collection automation products to customers, which
allow them to do everything from extensive market research, to determining
pricing strategy, to monitoring their brand display globally, to verifying that
digital advertising campaigns are reaching the correct audience and not falling
into the hands of fraudsters and many more.
Startups often use
the platform to explore innovative ways to add value for their customers, like
training their AI systems, collecting data for new insights and designing new
services. Enterprises tend to use Luminati on a much larger scale, by gathering
data that lets them keep their competitive edge.
Ultimately, the
best service depends on the business use case they're hoping to address, and
our team can help them determine which of our products would best meet their
needs. We currently practice
over 20 use-cases daily, serving different market sectors and business needs. Our retail
customers, for example, collect 1.6m GB a month! In the last 2 years we've seen
an increase of 186% in the overall data collected.
VMblog: Who is the typical Luminati customer
and what are they using your solutions for?
Lenchner: While there is no
one typical Luminati customer in terms of size, industry or location, we do
have a number of use cases that a majority fall into. These are market
research, pricing strategy, ad verification, brand protection and quality
assurance of websites global display.
Diving a bit deeper into one of these use
cases, our ad verification capabilities are being used by a range of customers
to ensure that their advertising campaigns are reaching the correct audience
and not falling into the hands of fraudsters. Ad fraud comes in many different
forms, but however you look at it, it is costing the market billions annually.
Research by the ANA (Association of National Advertisers) puts the total cost
at $5.8 billion globally this year. A report by Juniper
Research even estimated it cost advertisers $42
billion in 2019. Outstanding numbers.
It has never been more essential to ensure
online campaigns are free from fraud by verifying advertising journeys through
the eyes of your target audience i.e. consumers. When a company
pays for a digital ad that's targeted at a particular demographic, there's no
really effective way for them to know that this ad is reaching the correct
audience without using a service like Luminati.
This is a truly effective way to ensure your
mass-scale advertising campaigns are malware free. Data collection automation
platform allows you to do so in real-time, ensuring your campaign reaches its
destination. Those who do take part in fraudulent acts know when they are being
watched or checked on and feed those monitoring them the wrong information
accordingly, in order to mislead them and avoid being caught. It is for that
reason that data collection automation products enable performance marketers
and affiliate marketers a clear view of the internet, enabling them to test and
verify their advertising campaigns from the eyes of their target audience. By
using our products marketers can verify their inventory and make sure all of
their ad spend is going where it's supposed to and isn't going into the hands
of criminals.
Our customers include some of the largest and
most prominent global online retailers (Fortune 500 included), travel sites,
financial services companies, social networks and internet security companies.
What they all have in common is that they are using the power of Luminati's platform
to reach an unveiled view of the internet - just like their consumers do daily.
VMblog: Is
there an industry or use case that you think could really benefit from using Data
Collection Automation that hasn't already embraced it fully?
Lenchner: Financial services is one industry that we see a huge
potential for growth in, especially when it comes to leveraging Luminati's
capabilities for market research. Whether it is researching new markets and
looking into potential investments or getting the right intelligence that is so
critical for this sector, our network offers the right ethical tools to do all
the above safely and securely while remaining compliant to any local
regulations.
We allow companies to use typical consumers' IP addresses.
These addresses were contributed by consumers who have willingly and actively
opted into our network. Our customers can look into any market or geolocation
they're interested in researching to collect accurate product data, ecommerce
research, public opinion research or other market insights they need to make
informed business decisions. These types of insights are especially vital for
financial services companies that are looking to enter new markets or new
business opportunities.
VMblog: Looking
at the data collection domain, what makes Luminati unique?
Lenchner: The
main thing that sets us apart from others in the data collection domain is that
our platform is the largest, fastest and most ethical. Our platform is built
from over 40 million unique IP addresses provided by consumers who have
actively and willingly opted-in to the service in return for ad-free
applications or free software. Consumers can of course opt-out at any time as
well.
We also focus on
innovating new solutions daily. Luminati releases 30 to 50 software updates
daily. We have a fast-moving DevOps team, so products evolve exceptionally
quickly. The rapid development cycle is also due to carefully defined
performance metrics and constant interaction with customers. We don't wait for
our customers to talk to us - we come to them. After receiving
feedback, the team will typically work to incorporate suggested changes into
the platform at record speed. Fast-paced innovation is part of the company's
DNA - we make sure our teams can solely focus on our customers without any
interruptions.
What
also sets us apart is our focus and commitment to keeping our ethical code
intact. We have a very stringent entry criteria that includes a rigorous and
comprehensive Know Your
Customer (KYC) process. We also have compliance officers that
thoroughly vet every new customer to make sure their use case meets our strict ethical standards.
VMblog: Data collection has encountered ethical questions in the
past. How do you ensure your platform maintains high standards when it comes to
ethics and compliance?
Lenchner: It's
no secret that data collection has faced scrutiny over their ethical questions
in the past, but this is why we have put our ethical code at the center of
everything we do at Luminati. We see it as our first and foremost commitment to
our customers.
In
addition to the compliance vetting I spoke about earlier, we also put every
customer through an in-depth on-boarding process. It requires each customer to
sign our compliance statement and verify their identity through various
techniques like sharing their national ID. We also thoroughly check and test
the use case the customer is wishing to implement. No matter how big or small
the customer is - we go through a very comprehensive procedure.
If
our KYC criteria is not met, then that company or user will NOT be able to join
our network and use our operation. With collecting data at such a scale comes
great responsibility and great power and it is crucial that we ensure this is
always done ethically.
We
have recently partnered with several
universities and research institutes to help spread this commitment to ethics,
trust and web-integrity. We'll be taking this a step further in the coming
months as we plan a first of a kind professional compliance forum that we hope
will become a tradition. It's our goal for future data collectors to follow
this ethical path so this domain's success continues.
VMblog: Finally, what
types of security protections does Luminati offer customers?
Lenchner: The
security of customers and partners using our network is always top-of-mind for
our team, and we're an enthusiastic advocate for web-integrity. In addition to
the rigorous compliance standards we maintain to ensure everyone using the platform
is authorized and doing so ethically, we are also constantly on the lookout for
security vulnerabilities in our platform.
Our CTO/CSO works with a team of
engineers to always monitor the platform as well as constantly improving our
automated protection processes so the platform remains safe and secure for our
customers.
Whether the platform is monitored by our compliance
team or checked with automated tools, we ensure the safety of our platform and
comply with all needed regulations. Thanks to proactive work with our legal
team, we have taken steps to prepare for expected upcoming regulations, putting
us ahead in the market - and that's something all the team at Luminati are
proud of.
##