AOL to create first screen-agnostic programmatic ad platform as it looks to crack down on “technology tax” rife in the market
AOL is to unite its programmatic offerings into a single, screen-agnostic platform – AOL One – as it looks to crack down on the amount of “technology tax” in the programmatic supply chain.
The internet giant is planning to bring its entire programmatic offering, which includes newly acquired Adap.tv, AdOpenLearn and Marketplace, under one banner as part of overarching plans to simplify the programmatic buying process for publishers and brands, letting them trade across mobile, online, video, and linear TV.
AOL Platforms CEO Bob Lord unveiled the strategy today alongside chairman and CEO Tim Armstrong and launch partner IPG Mediabrands, while outlining the company’s vision for an “open ecosystem” in which partners and competitors, publishers and marketers, are all beneficiaries of a “platform-driven” industry.
The plan to unite its programmatic systems is underway and is aimed at reducing the “chaos” currently rife in the ad tech industry, according to Lord.
“Our industry has developed too many niche offerings and specialised services over the last 25 years, and chaos in ad tech is at an all-time high. The inefficiencies, ineffectiveness and expense of managing multiple teams, tools and metrics for display, mobile and video, across all devices, are stifling,” he said.
IPG Mediabrands has been unveiled as launch partner, reinforcing its commitment to fully automating half of its media investments in the US by 2016.
Lord said the organisation’s “mission” is to foster an open, global ecosystem that “simplifies digital advertising”, letting publisher and advertiser partners tap into the technology and data ecosystem.
“Customers who have a commitment to an external partner for a piece of the ad tech stack will be able to integrate and plug that solution into our platform giving advertisers and publishers alike incredible flexibility with elements like data and attribution to join and manage all of their investments on a single platform in real time,” he added.
AOL has coined the term “technology tax” to refer to the number of middleman intermediations involved in a typical programmatic buy, as well as the mark-ups and margins that can get sucked along with them.
US technology tax infographic: source - AOL
UK technology tax infographic: source - AOL
AOL CEO Bob Lord
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IPG Mediabrands