Covario Adds Analytics to Help Customers Measure Social Media ‘Buzz’

6/17/10Follow @bvbigelow

San Diego’s Covario, the venture-backed analytics company that specializes in helping customers improve the results of their search-based marketing, has added to its Software-as-a-Service capabilities for tracking online search and display advertising.

The company says its latest innovation, the Covario Social Media Insight (SMI) solution, is an extension of its Web-based platform for Cross Media Optimization, or CMO. As if disambiguating acronyms like CMO isn’t hard enough as it is, Covario says it developed its CMO platform to help Chief Marketing Officers (a different kind of CMO) who want to improve their Current Mode of Operation (another form of CMO). Are you noticing a pattern here? It’s a confusing method of organization, to say the least.

As I’ve reported before, Covario has been expanding its software analytics tools to help customers improve their results in search engine marketing (SEM) and search engine optimization (SEO). Covario targets many of the largest companies in the world and its customers include such companies as IBM, Microsoft, Sony Pictures, T-Mobile, Lenovo, and Yahoo.

Covario is expanding its offering of Web-based tools to help customers measure their online marketing success as new competitors are emerging, such as BrightEdge, a startup in San Mateo, CA, that specializes in SEO management—and which Wade recently profiled.

In announcing the added social media capability of its CMO dashboard, Covario cites data from Forrester Research that says online consumer-generated comments—or “impressions”—about products and services totaled more than 500 billion last year. That’s close enough to the 2 trillion ad impressions that were created … Next Page »

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

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