fbpx

Machine learning

Get the Intel on Artificial Intelligence

Some say Artificial Intelligence is a broad field that includes everything from simple if-then rules for playing Checkers to complex ensembles of deep neural networks for piloting autonomous vehicles. In marketing, AI is a term that is applied to several very different techniques and functions. However, the bigger questions are: how do you best implement AI and what are the commercial solutions?  Read More.

How Machine Learning Is Changing the Game for App Marketers

Editor’s note: The two pieces from Think with Google and Digiday discuss two perspectives on AI (Artificial Intelligence) and marketing.

Forward-thinking companies are using machine learning tools to supercharge their marketing. These early adopters take advantage of the technology’s ability to streamline data, unlock user insights, and engage users in highly relevant ways. In fact, 85% of executives believe AI will allow their companies to obtain or sustain a competitive advantage (The Boston Consulting Group).
Read more »

Networks Plan Q1 Test of Data + Math Ad Platform

Editor’s note: this article is a synthesis of reporting on the same topic from Jeanine Poggi of AdAge and Jon Lafayette of Broadcasting & Cable

In October the Video Advertising Bureau (VAB) held a meeting for about 40 executives representing most of the major TV content companies. The VAB was seeking a way for the industry to develop credible third-party metrics that show how effective TV is at a time when advertisers’ spending on TV is largely flat and spending on digital advertising is growing rapidly.

Now, a handful of those who attended (including A&E Networks, AMC Networks, The CW, Discovery Communications and Fox News) will move forward with a new attribution model created by analytics firm Data + Math.

“When we talk to advertisers they’re aware that TV worked, but I think we all felt we let digital take credit for a lot of the hard work TV does in driving awareness and brand education and, at the end of the day, really driving results,” said Mel Berning, President and Chief Revenue Officer at A+E Networks.

“The industry needs scalable and standard attribution and business outcome measurements that benefit marketers, agencies, buying platforms and publishers,” said Ben Price, President, U.S. Ad Sales at Discovery Communications.

Scott Collins, President of Advertising Sales at AMC Networks, said, “We are pleased to participate in this effort to use technology to demonstrate in clear and direct terms the value of the impressions we deliver across our five popular and well-defined networks in a dynamic and competitive marketplace.”

Data + Math was founded in 2016 and is backed by Comcast Ventures and Greycroft Partners. The company’s solution uses data from set-top boxes, smart TVs and over-the-top platforms combined with machine learning techniques to essentially “learn” the connection between multi-screen TV exposures and customer sales or conversions.

The meeting was part of a recent trend for the industry to discuss some of the key issues in a fast-changing media environment. Earlier this year, Turner, Fox, and Viacom formed Open AP, a consortium designed to standardize the definition of target audiences as more clients look to switch to audience buying from the traditional use of age and sex demographics. Recently, Linda Yaccarino, chair of NBCUniversal for ad sales and client partnerships, gathered more than 100 buyers, sellers, clients and research to come up with a new way to address commercial TV’s problems with consumer experience and measurement.

Lafayette, J. (2017, Dec. 5). Networks Plan Q1 Test of Data + Math Ad Platform. Broadcasting & Cable.

Poggi, J. (2017, Dec. 5). TV Networks Move Forward with New Attribution Model. AdAge.

Leveraging Data to Win Viewers

In this era of hyper competition and digital connectedness, a new business model is emerging, one powered by data, with the consumer firmly at its center. Data has become M&E’s (Media & Entertainment) secret weapon for sustaining and improving consumer engagement and satisfaction.

Enter cognitive computing, which has the ability to examine the choices consumers are making, and under what circumstances, in order to understand and predict what consumers will want next. At IBM we view the most productive implementation of AI as a symbiosis of person and machine.

Two core domains are driving the application of machine learning. One is “audience” (customer or consumer) insight – reaching a new level of personalization by understanding their affinities, traits, likes, dislikes, and how they respond to media. The other is “content” insight – the enrichment of metadata and understanding what’s in the content to exploit it in new ways, in new formats and across new channels of distribution. Combine these, and M&E companies can apply cognitive insights to improve KPIs, including ad sales, content ultimates, productivity and efficiency, and margin growth.

AI is a positive disruption, one that demonstrates the art of the possible.

Steve Canepa is general manager, global telecommunications, media & entertainment industry, at IBM. Multichannel News

Steve Canepa. Leveraging Data to Win Viewers. Multichannel News.

To read the complete article, click to visit Mulitchannel News.