OMA Annual Report 2016 OMA_Annual_Report_ForPrint_5_23 | Page 38

Our ongoing transformation | SECTION 07 Technology and innovation The digital revolution continues to breathe new life into Out of Home (OOH). It’s an exciting time to be part of the OOH industry. The types of innovations that have AU TO MATE D TRA N SACT I O N emerged over the years include: P L ATF O R M • Live feeds The industry continues to look • Near Field Communications (NFC) and Quick Response (QR) codes for ways to make the planning of • Beacon technology of the Automated Transaction • Mobile and social media integration Platform (ATP): a one-stop hub • Day-parting for the buying and selling of OOH The demand for immediacy and flexibility • Facial Recognition in Australia across all formats. continued to drive digital OOH (DOOH) • Geo-targeting net media revenue upwards in 2016, with • Touch-screen this area of the market representing • Tap and Go payments (including donations and e-commerce) Interest process to provide a more • 3D and Augmented Reality special effects. for Proposal from the OMA. While the digital revolution is fragmenting many other media channels, the opposite is true for OOH. 40.2% of total OOH media revenue, up from 28.4% for the previous year. Technology has strengthened the impact of OOH, taking it from a passive medium, to one that can be fully interactive; a potential one-stop shop for promotion, engagement, and transaction. With consumers demanding to be connected with the world on their terms, DOOH is becoming more relevant than ever before. By aligning with mobile and digital technologies, OOH easier with the development In March, eight companies were selected from an Expression of detailed response in a Request Following extensive reviews of their The opportunity for advertisers to submissions, four were selected to uniquely engage and transact with present to the Board in August. consumers increased greatly in 2016 After deliberation, the OMA thanks to developments in OOH Board concluded none met the technology in more locations around requirements of the industry and an Australia. OMA members continued to push the boundaries, searching for new and innovative ways of incorporating alternate plan was prepared for the development of the ATP in 2017. new technology into OOH executions. advertisers are now able to connect with their audience anywhere, anytime. 2012 2013 2014 2015 2 01 6 7.5% 11.3% 17.2% 28.4% 40.2% D O O H AS A P E RC ENTAGE O F TOTAL O O H RE VENUE: 36