Euromedia May June euromedia | Page 15

Europe. The key challenge is to make sure, both for brands and the traditional media industry players, that the infrastructure in place evolves fast enough to deliver maximum value to all stakeholders, including consumers whose expectations for relevant and entertaining advertising are also increasing,” he observes. “The technology is readily available, but it isn’t advanced enough to deliver the high- end, advertising experience necessary to make it viable yet,” asserts Jim O’Neill, principal analyst at Ooyala. “While the infrastructure is in place to deliver relevant adverts, current addressable advertising technology won’t deliver advertising that a viewer would look forward to watching and even see as valuable.” “The way audiences view TV content has evolved,” notes Leon Siotis, MD of SpotX in the UK and Southern Europe. “Viewers expect to watch their favourite shows across devices and at flexible times as OTT (over-the-top) delivery formats have developed and become the norm. This has led to the advancement of advertising technology built specifically to provide broadcasters with the infrastructure they need to compete in the market. Our Addressable TV Platform covers full ad logistics, with ad serving and decisioning, ad operations, and ad management, as well as measurement and reporting of TV reach and usage data.” MATURATION. Walt Horstman, SVP and GM of advanced media and advertising at TiVo, suggests that the addressable market has started to reach a true maturation point, but the issue really seems to be scale. “A recent report by ANA and Forrester showed that 15 per cent of the ANA members who answered the survey are already including addressable TV in their plans, while another 35 per cent are currently experimenting. If the industry can collectively work together to scale addressable TV, then TV can provide the kind of granular targeting that the ecosystem needs and wants in a more brand-safe infrastructure than digital has been able to provide.” Tom Pollard, VP of product management, Verimatrix, also notes the maturity of the American market. “Addressable TV infrastructure has certainly been available for some time in the United States, primarily driven by Comcast, TWC (now Spectrum) and AT&T. Global challenges around scale, targeting and measurement, however, still remain. It’s the sort of chicken and egg problem. We believe trustworthy and secure measurement, from all multiscreen devices, is the foundation for growing demand in the market and helping advertisers to target consumers, based on context rather than audience segment,” he “We see momentum states. Alain Nochimowski, in making each executive vice president platform capable innovation at Viaccess- Orca, notes that although of some form of still in its infancy, targeted video advertising.” - Boris addressable TV is showing solid growth in Felts, Ericsson the North American and Media Solutions UK markets. “Operators’ “When broadcasters go D2C with an OTT offer, they gain direct, first-hand data on viewers.” - Nick Moreno, Arqiva direct access to TV inventories combined with sophisticated and granular third-party data offerings (facilitated by historically lax privacy protection regulations) have helped fuel this growth. Recent innovations in the field of connected and smart TV data (e.g., through Automatic Content Recognition (ACR) technologies) will accelerate TV channels’ migration from traditional GRP (gross rating point) sales to programmatic advertising, with the ability to overlay granular segments on TV viewership,” he explains. ECONOMICS. “The situation is different in continental Europe. It is expected that the GDPR regulation, approved in May 2018, will dramatically impact the economics of targeted advertising, making it more expensive to obtain opted-in third-party datasets. Moreover, the absence of direct access to TV inventories by most EU operators, which still control the largest TV audiences, will force them to invent new collaboration models with TV channels. In parallel, connected TV-centric approaches, such as HbbTV, have not yet reached maturity. The dust is far from having settled on this topic,” he declares. “At YouView we are developing the technical capability to allow broadcasters to make use of addressable advertising in linear TV, leveraging the opportunity across our three million homes,” advises Susie Buckridge, the connected TV platform’s director of product and business development. “YouView will enable adverts to be served and targeted to individual households and data on views to be returned in real time.” As to what the broadcast industry should do to make data gathering and analysis as efficient as possible, Comcast’s Bremond recommends EUROMEDIA 15