IAB Europe Report: Attitudes to Programmatic Advertising 2017Romain Fonnier
The third annual IAB Europe Attitudes to Programmatic report highlights four key findings:
Quality of advertising and transparency of fees are bottlenecks to investment
The business impacts of programmatic advertising beyond efficiencies are being realised
In-house strategies are becoming more prevalent
Investments in programmatic are set to continue to increase
Better campaign reporting and control on the buy-side and improved inventory control on the sell-side are now cited more frequently as business impacts than lower media costs and trading efficiencies.
It is also worth noting that whilst programmatic is most likely to be used for display and mobile campaigns, video is not far behind in terms of adoption. Indeed, programmatic video revenues increased by 155% in 2016 emphasising it as a key growth area.
In 2017 brand safety and fraud increased as barriers to investment for all stakeholder groups whilst viewability decreased as a barrier. Transparency of fees in the delivery chain is also a concern for advertisers and in response to IAB Europe formed its Transparency Working Group. The Working Group published a Transparency Guide with questions for stakeholders to ask of their supply chain partners in relation to fees. The guide also covers data and inventory source to address all key elements of programmatic trading.
The study shows that programmatic strategies are evolving and in-house operations becoming more prevalent. For example, a quarter of advertisers are now using an in-house model compared to just 16% in 2016, and the number of advertisers outsourcing to an agency has decreased. The number of agencies and publishers with in-house programmatic operations has also increased.
Looking forward to 2018, the majority of respondents state that they plan to further increase their programmatic trading activity.
Summary of Stacey Delaney's presentation from SAGE 2016Ruperta Daher
Stacey Delaney, Managing Director at Sparcmedia, presented on 'How to Add New Revenue Streams to your Business by Incorporating Programmatic Capabilities' at Sparcmedia's sponsored breakfast session at SAGE.
PROGRAMMATIC FOR PUBLISHERS
An Insider’s Guide to Leveraging Technology to Increase Ad Inventory Value and Profitability
NTRODUCTION: WHAT IS PROGRAMMATIC?
Just like traditional media, digital media began with a similar buying process of negotiating with a publisher’s account executives on
CPM rates/impressions and signing off on an insertion order.
Inboundsys is an award-winning Marketing and Technology (MarTech) company based out of Bangalore, India. We are a Hubspot’s Platinum Solutions Partner Agency, providing all-round technological solutions in marketing and sales automation. We are the most experienced and oldest Hubspot partner agency in India that started in 2012, and since then, have been helping diverse clients and industry domains across the globe by solving their marketing challenges and contributing to their business growth.
IAB Europe Report: European Programmatic Market Sizing 2017Romain Fonnier
The European Programmatic Market Sizing Report produced in collaboration with IHS Markit reveals that the total programmatic display advertising market in Europe experienced another year of double-digit growth jumping 27.1% to €12bn in 2017.
Pertaining to this growth, 62% of European display ad spend was traded programmatically in 2017. Mobile continues to be the ‘most’ programmatic format as more than 80% of mobile was traded programmatically whilst video catches up – 74.1% of video was traded programmatically. Further, programmatic video is the force behind the growth as it saw 64.6% growth followed by programmatic mobile at 53.2%.
Whilst CEE is still small in size it continues to make large gains and grew by 65% compared to Western Europe which grew by 24%.
Programmatic revenues by format:
Mobile – €6.8bn
Video – €3.9bn
Programmatic revenues by region:
Western Europe – €10.8bn
Central and Eastern Europe – €1.2bn
Given that in 2013 the industry drove some 10% of the
UK’s eCommerce traffic and commanded a marketing
spend of £1bn according to the PwC / IAB OPM study
(see page 6), it’s a permanent (and growing) feature
of integrated digital marketing programmes. In
fact it’s a channel that exemplifies just how digital
is merging marketing and sales channels.
Affiliate Marketing is not a ‘channel’. Rather it’s an
advertising objective. Affiliate campaigns deploy
most digital advertising and marketing disciplines
including email, display, content, search, social
media and audience targeting. It works across mobile
platforms, uses programmatic methods and is now
establishing exciting offline opportunities for digital
marketers. Affiliate data is packed with audience
and customer insight providing marketers with
customer journey and point-of-sale perspectives
that enrich standard advertising analytics.
This handbook, the work of the IAB’s Affiliate Marketing
Council, exposes the industry’s diversity and even
if you thought you knew affiliate marketing, you’ll
probably be surprised by some of the marketing
opportunities mapped out in these pages. If
you’re new to digital or haven’t used affiliate
marketing before, this handbook will help you
understand the industry’s value and mechanics.
Overall, this handbook represents one of the fastest
growing digital marketing channels which many of
the UK’s top advertisers recognise as highly effective
and are thus increasing their investment in. This
isn’t simply because its yields are extraordinarily
high (14:1 ROI); it’s also because it’s a flexible
and creative space to work within that touches
customers throughout the marketing funnel.
IAB Europe Attitudes-to-programmatic-advertising-report Sept-2019Romain Fonnier
IAB Europe Attitudes-to-programmatic-advertising-report-2019 sept-2019
Attitudes to Programmatic Advertising Report 2019
IAB Europe’s annual Attitudes to Programmatic Advertising Report is a comprehensive analysis of the European programmatic landscape, covering strategies and adoption trends, drivers of and barriers to growth, and forecasts for the future for 31 markets. The study, now in its fifth year, was developed by the IAB Europe Programmatic Trading Committee. The key findings of the 2019 study include:
There is a continued push for a quality and safe advertising environment
Ads.txt is well established amongst publishers but awareness and adoption on the buy-side is low
Talent and skills remain a barrier to investment
Supply chain transparency is still an issue
The number of advertisers with in-house operations for programmatic is now higher than the number that outsource to an agency
Programmatic continues to be a catalyst for delivering brand campaigns at scale
In light of GDPR, stakeholders are looking to use more first party data, private marketplaces and contextual targeting
In virtual events, there are four significant facets: the attendees, engaging programs, content strategies and marketing, and revenue management. Starting from attaining an audience, reaching out to the public, delivering quality content to how these efforts increase the ROI- measures the success of an event organizer. Read more https://bit.ly/3wQ2nwv
IAB Europe Report: Attitudes to Programmatic Advertising 2017Romain Fonnier
The third annual IAB Europe Attitudes to Programmatic report highlights four key findings:
Quality of advertising and transparency of fees are bottlenecks to investment
The business impacts of programmatic advertising beyond efficiencies are being realised
In-house strategies are becoming more prevalent
Investments in programmatic are set to continue to increase
Better campaign reporting and control on the buy-side and improved inventory control on the sell-side are now cited more frequently as business impacts than lower media costs and trading efficiencies.
It is also worth noting that whilst programmatic is most likely to be used for display and mobile campaigns, video is not far behind in terms of adoption. Indeed, programmatic video revenues increased by 155% in 2016 emphasising it as a key growth area.
In 2017 brand safety and fraud increased as barriers to investment for all stakeholder groups whilst viewability decreased as a barrier. Transparency of fees in the delivery chain is also a concern for advertisers and in response to IAB Europe formed its Transparency Working Group. The Working Group published a Transparency Guide with questions for stakeholders to ask of their supply chain partners in relation to fees. The guide also covers data and inventory source to address all key elements of programmatic trading.
The study shows that programmatic strategies are evolving and in-house operations becoming more prevalent. For example, a quarter of advertisers are now using an in-house model compared to just 16% in 2016, and the number of advertisers outsourcing to an agency has decreased. The number of agencies and publishers with in-house programmatic operations has also increased.
Looking forward to 2018, the majority of respondents state that they plan to further increase their programmatic trading activity.
Summary of Stacey Delaney's presentation from SAGE 2016Ruperta Daher
Stacey Delaney, Managing Director at Sparcmedia, presented on 'How to Add New Revenue Streams to your Business by Incorporating Programmatic Capabilities' at Sparcmedia's sponsored breakfast session at SAGE.
PROGRAMMATIC FOR PUBLISHERS
An Insider’s Guide to Leveraging Technology to Increase Ad Inventory Value and Profitability
NTRODUCTION: WHAT IS PROGRAMMATIC?
Just like traditional media, digital media began with a similar buying process of negotiating with a publisher’s account executives on
CPM rates/impressions and signing off on an insertion order.
Inboundsys is an award-winning Marketing and Technology (MarTech) company based out of Bangalore, India. We are a Hubspot’s Platinum Solutions Partner Agency, providing all-round technological solutions in marketing and sales automation. We are the most experienced and oldest Hubspot partner agency in India that started in 2012, and since then, have been helping diverse clients and industry domains across the globe by solving their marketing challenges and contributing to their business growth.
IAB Europe Report: European Programmatic Market Sizing 2017Romain Fonnier
The European Programmatic Market Sizing Report produced in collaboration with IHS Markit reveals that the total programmatic display advertising market in Europe experienced another year of double-digit growth jumping 27.1% to €12bn in 2017.
Pertaining to this growth, 62% of European display ad spend was traded programmatically in 2017. Mobile continues to be the ‘most’ programmatic format as more than 80% of mobile was traded programmatically whilst video catches up – 74.1% of video was traded programmatically. Further, programmatic video is the force behind the growth as it saw 64.6% growth followed by programmatic mobile at 53.2%.
Whilst CEE is still small in size it continues to make large gains and grew by 65% compared to Western Europe which grew by 24%.
Programmatic revenues by format:
Mobile – €6.8bn
Video – €3.9bn
Programmatic revenues by region:
Western Europe – €10.8bn
Central and Eastern Europe – €1.2bn
Given that in 2013 the industry drove some 10% of the
UK’s eCommerce traffic and commanded a marketing
spend of £1bn according to the PwC / IAB OPM study
(see page 6), it’s a permanent (and growing) feature
of integrated digital marketing programmes. In
fact it’s a channel that exemplifies just how digital
is merging marketing and sales channels.
Affiliate Marketing is not a ‘channel’. Rather it’s an
advertising objective. Affiliate campaigns deploy
most digital advertising and marketing disciplines
including email, display, content, search, social
media and audience targeting. It works across mobile
platforms, uses programmatic methods and is now
establishing exciting offline opportunities for digital
marketers. Affiliate data is packed with audience
and customer insight providing marketers with
customer journey and point-of-sale perspectives
that enrich standard advertising analytics.
This handbook, the work of the IAB’s Affiliate Marketing
Council, exposes the industry’s diversity and even
if you thought you knew affiliate marketing, you’ll
probably be surprised by some of the marketing
opportunities mapped out in these pages. If
you’re new to digital or haven’t used affiliate
marketing before, this handbook will help you
understand the industry’s value and mechanics.
Overall, this handbook represents one of the fastest
growing digital marketing channels which many of
the UK’s top advertisers recognise as highly effective
and are thus increasing their investment in. This
isn’t simply because its yields are extraordinarily
high (14:1 ROI); it’s also because it’s a flexible
and creative space to work within that touches
customers throughout the marketing funnel.
IAB Europe Attitudes-to-programmatic-advertising-report Sept-2019Romain Fonnier
IAB Europe Attitudes-to-programmatic-advertising-report-2019 sept-2019
Attitudes to Programmatic Advertising Report 2019
IAB Europe’s annual Attitudes to Programmatic Advertising Report is a comprehensive analysis of the European programmatic landscape, covering strategies and adoption trends, drivers of and barriers to growth, and forecasts for the future for 31 markets. The study, now in its fifth year, was developed by the IAB Europe Programmatic Trading Committee. The key findings of the 2019 study include:
There is a continued push for a quality and safe advertising environment
Ads.txt is well established amongst publishers but awareness and adoption on the buy-side is low
Talent and skills remain a barrier to investment
Supply chain transparency is still an issue
The number of advertisers with in-house operations for programmatic is now higher than the number that outsource to an agency
Programmatic continues to be a catalyst for delivering brand campaigns at scale
In light of GDPR, stakeholders are looking to use more first party data, private marketplaces and contextual targeting
In virtual events, there are four significant facets: the attendees, engaging programs, content strategies and marketing, and revenue management. Starting from attaining an audience, reaching out to the public, delivering quality content to how these efforts increase the ROI- measures the success of an event organizer. Read more https://bit.ly/3wQ2nwv
We are in the midst of the next great transformative era in the media business. The digital age, supported by data, technology, and predictive analytics has created a new opportunity to be more precise, more efficient, and more effective with our clients’ media investments:
- New ways of identifying who your customers are.
- New ways of reaching and influencing them at critical moments.
New ways of discovering the 50% of advertising that works, and avo- iding the 50% that doesn’t.
This reports analyses the state to digital media and its impact on the future.
For further information please look up your regional contact here: http://news.ipgmediabrands.com/magna-global/press-releases/
Un estudio reciente del Boston Consulting Group (BCG) ha revelado que los editores que aprovechan por completo la oportunidad programática, que crece rápidamente, obtienen unas ganancias económicas medidas y una mejor posición en el mercado a largo plazo.
BCG completó recientemente un estudio global realizado entre 25 editores y aplicado a una serie de segmentos para entender mejor la contribución de la programática a los resultados finales de un editor.
Los resultados indicaron que los mejores editores que utilizan la programática de forma estratégica superan el promedio del mercado, lo que genera un porcentaje elevado de ventas programáticas a la vez que aumenta los CPM generales. Utilizan la tecnología con efectividad para operar de forma más eficaz y aumentar los ingresos y los márgenes.
En el informe se describen las cuatro mejores prácticas que los principales editores aplican para crear su sólido camino hacia los beneficios.
MoPub's quarterly Mobile Programmatic Trends report explores the current state of the mobile programmatic landscape. The report provides market data from real-time bidded auctions for mobile ad impressions, aggregated from mobile applications, advertisers, and demand side platforms on MoPub Marketplace, one of the world’s leading advertising exchanges for mobile apps.
The Q3 2015 report focuses on the uncharted inventory opportunity, Q4 holiday outlook, and the idea that moments continue to matter on mobile.
Iab europe road_to_programmatic_white_paper_july_2015_15.07.15IAB Europe
The IAB Europe Road to Programmatic White Paper is aimed at helping brand advertisers, agencies and publishers formulate their programmatic strategies by detailing some key factors for consideration.
With a buy-side and sell-side decision tree, the White Paper covers scenarios for decision, data considerations and other strategic considerations including quality, programmatic mobile and video.
The White Paper will be followed by a Road to Programmatic webinar series aiming to cover:Operational Considerations and choosing the right solution for a Programmatic Trading Strategy:
- Operational Considerations and choosing the right solution for Programmatic Trading Strategy
- Buy side considerations for Programmatic Trading
- Sell side considerations for Programmatic Trading
You can watch the recording of the first webinar here: http://bit.ly/1RJ6DUA
Road to Programmatic - An IAB Europe White PaperBoris Loukanov
The Road to Programmatic explores the operational models of agency and agency trading desks, independents and independent trading desks, programmatic services, client in-house and hybrid. It demonstrates the different levels of expertise and involvement required of the different stakeholders for each approach. This enables advertisers, agencies and publishers to develop their strategies and maximise value.
Iab europe attitudes towards programmatic advertising report june 2016IAB Europe
Attitudes towards Programmatic Advertising:
Nearly all stakeholders including strategists, planners, buyers and operational teams across the digital ecosystem are embracing programmatic advertising and building on its potential for value creation. With only 13% of advertisers, 8% of publishers and 7% of media agencies claiming that they are not using programmatic technology, the study shows that almost everybody in the industry is now deploying some form of programmatic advertising.
Respondents named a reduction of media wastage and greater cost and trading efficiencies as the most important impacts of programmatic. The research also highlights growing recognition among the industry that as programmatic matures, it contributes to key advertising objectives such as scaling mobile campaigns and reaching consumers more effectively with branding messages.
Greater integration with wider ad measurement models and increasing sophistication beyond the click are other two other key factors driving programmatic adoption.
With benefits clearly recognised and cited in the research, and emergence of proven models, programmatic adoption is likely to continue to grow. Indeed, all stakeholders remain optimistic about the outlook of programmatic with over 90% of them citing an increase in investment over the next 12 months.
But the benefits are accompanied by challenges, and significant barriers to adoption remain. The biggest bottleneck is finding the people with the right skills and experience to navigate this brave new world successfully.
For the first time the research looked at the operational models used to execute programmatic and there is a clear evolution of programmatic strategy across markets. Advertisers start out on their programmatic journey with an independent specialist, then move to an agency or DSP and then in mature markets adopt an agency or hybrid model, i.e. a combination of more than one strategy. Similarly, publisher strategies are evolving; they start out with a hybrid model, then lean more heavily on their SSP and finally bring the expertise in-house. For agencies, the in-house agency trading desk remains dominant.
IAB europe - Viewable Impressions - White Paper - Feb 2015Romain Fonnier
Livre blanc IAB sur la visibilité des impressions
L'IAB propose son dernier livre blanc sur le sujet de la visibilité des impressions publicitaires, avec pour but de favoriser la confiance des acteurs et donc les investissements média dans le digital.
Ce livre blanc aborde notamment:
- l'état de l'art sur le sujet visibilité en Europe
- la métrique visibilité dans un contexte de métriques élargi
- les perspectives et les évolutions prévisibles sur le sujet
- un récapitulatif des termes et concepts utilisés couramment
Similar to PwC / IAB Programmatic revenue report 2014 results (20)
29ème Observatoire de l’e-pub SRI, réalisé par Oliver Wyman, en partenariat avec l’UDECAM
[sri-france 02.02.23]
En 2022, le marché français de la publicité digitale affiche une croissance de +10% vs 2021, malgré un net ralentissement au 2ème semestre, pour atteindre 8,5 Md€.
19ème observatoire de l’e-pub SRI (bilan 2017)yann le gigan
>>[Etude] 19ème observatoire de l’e-pub SRI (bilan 2017)
[sri-france.org 11.07.17]
19ème édition de l’Observatoire de l’e-pub du SRI, réalisé par PwC, en partenariat avec l’UDECAM
> Télécharger la présentation :
http://www.sri-france.org/wp-content/uploads/2017/07/PwC_Observatoire_S12017.pdf
13e Bilan ARPP " image et respect de la personne 2017 "yann le gigan
13ème BILAN ARPP « IMAGE ET RESPECT DE LA PERSONNE »
[arpp.org 07.09.17]
Dans le cadre de ce 13ème bilan, 50 328 publicités ont été examinées et 25 manquements ont été relevés (dont 12 provenant des affaires traitées par le Jury de Déontologie Publicitaire (JDP) sur la période de 4 mois étudiée), soit un taux de conformité à la Recommandation de l’ARPP « Image et respect de la personne humaine » de 99,95 %, taux qui reste équivalent à ceux des années précédentes. Comme lors du 12ème bilan publié en octobre 2016, l’essentiel des manquements relevés portent sur l’emploi de stéréotypes. Ils sont essentiellement diffusés en bannière ou sur les réseaux sociaux. Ce bilan a été présenté lors des Rencontres de l’UDECAM le 7 septembre 2017.
http://www.arpp.org/actualite/13eme-bilan-arpp-image-respect-de-personne/
Télécharger le pdf :
http://www.arpp.org/wp-content/uploads/2017/09/Bilan-Image-et-respect-de-la-personne-2017.pdf
18ème observatoire de l’e-pub SRI (1er Semestre 2017)yann le gigan
>>[Etude] 18ème observatoire de l’e-pub SRI (1er Semestre 2017)
[sri-france.org 11.07.17]
18ème édition de l’Observatoire de l’e-pub du SRI, réalisé par PwC, en partenariat avec l’UDECAM
> Télécharger la présentation :
http://www.sri-france.org/wp-content/uploads/2017/07/PwC_Observatoire_S12017.pdf
>>Ad Age Agency Family Trees 2016
[siia.net 02.05.16]
Key networks, agencies and holdings for the world’s five biggest agency companies. Estimated worldwide revenue in 2015
https://www.siia.net/archive/neals/2017/filez/562497/562497_13BestInfo_POSTP001_AA_20160502.pdf
« Les usages du numérique en France en 2016 » Credoc / Agence du numérique, A...yann le gigan
>>[Etude] « Les usages du numérique en France en 2016 » Credoc / Agence du numérique, Arcep, Conseil Général de l’Économie
[credoc.fr 01.12.16]
Le CRÉDOC a publié début décembre son étude annuelle « Baromètre du numérique », qui permet de disposer d’un panorama complet de l’équipement des français et de leurs usages des technologies numériques.
http://www.credoc.fr/pdf/Rapp/R333.pdf
[Livre Blanc] Repenser le temps : Rencontres de l’Udecam / 06 septembre 2015yann le gigan
[Livre Blanc] Repenser le temps : Rencontres de l’Udecam / 06 septembre 2015
http://dev.udecam.fr/wp-content/uploads/2016/11/UDECAM_LivreBlanc_RepenserLeTemps_6Septembre20161.pdf
[Livre blanc] « Gouvernance de l’Intelligence Artificielle dans les entrepris...yann le gigan
>>[Livre blanc] « Gouvernance de l’Intelligence Artificielle dans les entreprises » CIGREF
[cigref.fr 28.09.16]
Dans le prolongement de son colloque, le CIGREF publie un Livre Blanc réalisé en partenariat avec le cabinet Alain Bensoussan Avocats. Ce Livre Blanc présente les principales conclusions du Cercle Intelligence Artificielle, créé pour explorer les enjeux managériaux, éthiques, juridiques, liés à la poussée de l’Intelligence Artificielle.
http://www.cigref.fr/wp/wp-content/uploads/2016/09/Gouvernance-IA-CIGREF-LEXING-2016.pdf
Observatoire EY de l’information extra-financière des entreprises du SBF 120 ...yann le gigan
>>Observatoire EY de l’information extra-financière des entreprises du SBF 120 - Nov 2016
[ey.com nov 2016]
Le temps de la maturité : de la maitrise de l’information aux stratégies de durabilité..
http://www.ey.com/Publication/vwLUAssets/ey-observatoire-de-l-information-extra-financiere-des-entreprises-du-sbf120/$FILE/ey-sbf-120-presentation-des-resultats.pdf
2ème édition du Baromètre Annonceurs Mobile SRI-Harris Interactive - Nov 2016yann le gigan
>>2ème édition du Baromètre Annonceurs Mobile SRI-Harris Interactive
[sri-france.org 01.12.16]
Au 1er semestre 2016, avec une croissance de 71%[2], les investissements sur mobile explosent. Afin de dresser un nouvel état des lieux de la perception du mobile et de son intégration dans les stratégies médias, le SRI a choisi de reconduire l’étude qualitative menée en 2014[3] par Harris Interactive auprès des annonceurs.
http://www.sri-france.org/2016/12/01/2eme-edition-barometre-annonceurs-mobile-sri-harris-interactive/
Télécharger la présentation de l’étude :
http://www.sri-france.org/wp-content/uploads/2016/12/Prez-Barometre-Annonceurs-Mobile-SRI-Harris-Interactive-NOV16.pdf
>>[Etude] Baromètre Adblock IPSOS - IAB 2016
[ipsos.fr 21.11.16]
Le taux d'usage de l'ad-blocking en France passe de 30 à 36% selon une étude réalisée par Ipsos pour l'IAB France
http://www.ipsos.fr/sites/default/files/doc_associe/20160309-iab-etude_ad_blockers_-_v5_0.pdf
Livre blanc Arcep : Préparer la révolution de l’internet des objets yann le gigan
>>[Livre Blanc] Préparer la révolution de l’internet des objets
[arcep.fr 07.11.16]
Document n° 1 – Une cartographie des enjeux
DGE - Cnil - ANFR - Ministère du Logement et de l’Habitat durable - ANSSI - France Stratégie
http://www.arcep.fr/uploads/tx_gspublication/livre_blanc_IoT-01-cartographie-071116.pdf
Les résultats du marché publicitaire 1er semestre 2016 – Irep / France Pub yann le gigan
Les résultats du marché publicitaire au 1er semestre 2016 : Le marché renoue avec la croissance
[irep.asso.fr 23.09.16]
Les recettes publicitaires des médias selon l’IREP
Les dépenses de communication des annonceurs selon FRANCE PUB
http://www.irep.asso.fr/download.php?id=115&module=news&type=file
« Dirigeants vs Millenials » 5 recommandations pour supporter le choc numérique yann le gigan
>>[« Dirigeants vs Millenials » 5 recommandations pour supporter le choc numérique
[culturenumerique.eu 25.09.16]
rapport du Think Tank #culture_numerique - saison 3
http://www.culturenumerique.eu/CultureNumerique_Saison3.pdf
Partage ! - cahiers IP innovation & prospective de la CNIL - Juin 2016yann le gigan
>>[Etude] Partage ! - cahiers IP innovation & prospective de la CNIL
[cnil.fr juin 2016]
Motivations et contreparties au partage de soi dans la société numérique.
Partage de la valeur, enjeux de pouvoirs et de régulation.
https://www.cnil.fr/sites/default/files/atoms/files/cnil_cahier_ip_partage_version_finale_web_1.pdf
Marché du livre belge 2015 - ADEB (papier + numérique)yann le gigan
Le Numérique (p. 6-9)
En 2015, la part du numérique représente 9,66 % du total du chiffre d’affaires en langue française (contre 8,62 % en 2014). Toutes langues confondues (en éditions propres), elle grimpe jusqu’à 19,3 % du chiffre d’affaires total (papier et numérique) en 2015, contre 16,6 % en 2014. Le pourcentage du numérique s’avère nettement au-dessus de la moyenne européenne. En cause, la spécificité de notre édition avec une part importante référée aux sciences humaines (base de données juridique,
fiscale, comptable...)
http://adeb.be/sites/502a034d9f83256166000004/assets/576a327a1dd6476da9005d21/StatADEB2016_synth_se.pdf
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...Subhajit Sahu
Abstract — Levelwise PageRank is an alternative method of PageRank computation which decomposes the input graph into a directed acyclic block-graph of strongly connected components, and processes them in topological order, one level at a time. This enables calculation for ranks in a distributed fashion without per-iteration communication, unlike the standard method where all vertices are processed in each iteration. It however comes with a precondition of the absence of dead ends in the input graph. Here, the native non-distributed performance of Levelwise PageRank was compared against Monolithic PageRank on a CPU as well as a GPU. To ensure a fair comparison, Monolithic PageRank was also performed on a graph where vertices were split by components. Results indicate that Levelwise PageRank is about as fast as Monolithic PageRank on the CPU, but quite a bit slower on the GPU. Slowdown on the GPU is likely caused by a large submission of small workloads, and expected to be non-issue when the computation is performed on massive graphs.
As Europe's leading economic powerhouse and the fourth-largest hashtag#economy globally, Germany stands at the forefront of innovation and industrial might. Renowned for its precision engineering and high-tech sectors, Germany's economic structure is heavily supported by a robust service industry, accounting for approximately 68% of its GDP. This economic clout and strategic geopolitical stance position Germany as a focal point in the global cyber threat landscape.
In the face of escalating global tensions, particularly those emanating from geopolitical disputes with nations like hashtag#Russia and hashtag#China, hashtag#Germany has witnessed a significant uptick in targeted cyber operations. Our analysis indicates a marked increase in hashtag#cyberattack sophistication aimed at critical infrastructure and key industrial sectors. These attacks range from ransomware campaigns to hashtag#AdvancedPersistentThreats (hashtag#APTs), threatening national security and business integrity.
🔑 Key findings include:
🔍 Increased frequency and complexity of cyber threats.
🔍 Escalation of state-sponsored and criminally motivated cyber operations.
🔍 Active dark web exchanges of malicious tools and tactics.
Our comprehensive report delves into these challenges, using a blend of open-source and proprietary data collection techniques. By monitoring activity on critical networks and analyzing attack patterns, our team provides a detailed overview of the threats facing German entities.
This report aims to equip stakeholders across public and private sectors with the knowledge to enhance their defensive strategies, reduce exposure to cyber risks, and reinforce Germany's resilience against cyber threats.
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...John Andrews
SlideShare Description for "Chatty Kathy - UNC Bootcamp Final Project Presentation"
Title: Chatty Kathy: Enhancing Physical Activity Among Older Adults
Description:
Discover how Chatty Kathy, an innovative project developed at the UNC Bootcamp, aims to tackle the challenge of low physical activity among older adults. Our AI-driven solution uses peer interaction to boost and sustain exercise levels, significantly improving health outcomes. This presentation covers our problem statement, the rationale behind Chatty Kathy, synthetic data and persona creation, model performance metrics, a visual demonstration of the project, and potential future developments. Join us for an insightful Q&A session to explore the potential of this groundbreaking project.
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IAB Programmatic
Revenue Report
2014 Results
An industry study
conducted by PwC and
sponsored by the
Interactive
Advertising Bureau
(IAB)
July 2015
2. 2
Table of contents
Acknowledgements..............................................................................................................................................................3
Preface..................................................................................................................................................................................4
Executive summary .............................................................................................................................................................6
2014 programmatic environment.......................................................................................................................................7
Defining the 2014 programmatic ecosystem .....................................................................................................................8
Making sense of the 2014 programmatic players ............................................................................................................10
Programmatic advertising revenue ..................................................................................................................................12
Programmatic definitions & types....................................................................................................................................13
Programmatic revenue mix...............................................................................................................................................16
2014 programmatic ad formats ........................................................................................................................................ 17
Driving programmatic forward.........................................................................................................................................19
Appendix ............................................................................................................................................................................22
3. 3
Acknowledgements
The IAB thanks the Gold Sponsors of this report, Google and PulsePoint, for their support of this study. The study
would not be possible without their backing.
4. 4
Preface
About the IAB programmatic advertising study
Over the last several years, publishers and advertisers have continued to adopt programmatic buying and selling of
digital inventory into their media strategies; however, within the complex programmatic ecosystem there has been
a lack of consensus around the definition of programmatic and its associated types and formats and the size of the
programmatic market in comparison with the overall internet advertising market. This study, commissioned by the
IAB, seeks to estimate revenue associated with programmatic selling and buying of advertising and establish a
benchmark for measuring the growth of programmatic.
Working together with the IAB, PwC has been reporting internet advertising revenue estimates since 1996. These
estimates are considered to be an accurate measurement of internet/mobile advertising revenues because much of
the compiled data is supplied directly from the companies selling advertising online. This study builds upon PwC’s
history of estimating internet advertising revenues and further provides a new focused look into the programmatic
segment of internet advertising.
The study was conducted independently by PwC on behalf of the IAB. PwC does not audit the information that is
provided to us and provides no opinion or other forms of assurance with respect to the report’s findings.
David Silverman
PwC
Study methodology
This study used three core methods to derive estimated programmatic revenues which include the following: 1)
quantitative survey results administered in the 4th quarter of 2014 2) publicly available corporate and industry data
and 3) in depth interviews with senior executives involved with selling and buying digital advertising
programmatically. The quantitative survey was distributed to leading industry players, including ad tech vendors,
web publishers, ad networks, mobile providers and other online media companies that generated revenue from
programmatic. Extensive qualitative interviews were conducted between August 2014 and March 2015 with senior
executives at leading agencies, publishers and ad tech companies in the programmatic landscape. Altogether 46
companies participated in the study through survey or interview. To maintain the confidentiality of participating
companies, interviews and survey data collected remain in strict confidence of PwC and only aggregate data is
released.
Programmatic revenue, as referred to in this report, included revenues associated with non-search internet /
mobile ads that were bought or sold through a programmatic channel including revenues that were derived from
both publishers and ad tech companies. To achieve accuracy in estimates, revenues associated with traffic
acquisition were excluded to avoid double counting of revenues.
Throughout the course of this study we found pockets of definitional misalignment across the programmatic
ecosystem. As a result, some participants were unable to provide us with a breakout of programmatic revenues
beyond aggregates in the categories requested. This was due in part from companies not being able to align and
report revenues segmented by our requested programmatic types and/or formats for this study.
5. 5
Additionally, we found occurrences where companies played multiple roles within the programmatic ecosystem.
For instance, some companies operated as both a publisher and as an ad tech provider adding an additional layer of
complexity when estimating programmatic revenues.
As a result of the limitations in certain survey respondents’ ability to provide requested data breakouts, estimates
were made based on publicly available information or through information that was derived from other sources.
When reliable alternative sources were not available, we did not provide deeper disaggregation of breakouts.
This report is representative of the 2014 programmatic landscape and does not address more recent programmatic
developments such as the decentralization of agency trading desks (ATDs) or native programmatic.
6. 6
Executive summary
Key trends underlying 2014 results
Programmatic revenues totaled $10.1 billion in 2014 comprising approximately 20% of total
internet advertising revenues ($49.5 billion)1, inclusive of mobile and comprised a majority of
display related revenues.2
Programmatic revenues made up approximately 52% of display related advertising ($19.6 billion) in 20141, while
non-programmatic display related revenues comprised the remaining 48%.
The majority of programmatic inventory was bought and sold through Open Auctions, but as this
study will examine, we expect a shift to Other types (i.e. Private Auction, Unreserved Fixed Rate or
Automated Guaranteed) in the next few years.
Open Auctions made up approximately 70% of the programmatic revenue in 2014, but we foresee a shift to other
types as advertisers and premium publishers see a strategic shift to buy and sell inventory within the Other types.
Programmatic revenues from ad tech outweighed those from publishers in 2014.
Ad tech accounted for approximately 55% of programmatic revenues, while publishers accounted for approximately
45% of programmatic revenues in 2014.
Display banner ads were the predominant format for programmatic in 2014, but other formats are
likely to increase in the near future.
Display banner ads made up approximately 80% of programmatic revenues in 2014, but we expect more
advertisers and publishers will shift their budgets and inventory toward mobile and video formats over time.
Programmatic buying and selling are moving forward; however, sizing the programmatic industry
will continue to be a challenge until standardization and increased transparency become
more apparent.
1 IAB/PwC Internet Ad Revenue Report, FY 2014. April 22, 2015
2 Display related advertising includes banner ads, digital video, rich media and sponsorship on desktop and mobile
devices
7. 7
2014 programmatic environment
Background
The rise of programmatic advertising has garnered significant attention in recent years; however, there have been
varying definitions and wide differences in the estimates of the overall market size. Some have described
programmatic as the future of advertising with a unique ability to improve relevancy, create efficiencies and drive
improved profitability. Others have described it as a race to the bottom.
Ad buyers are demanding programmatic to increase their access to a broader range of inventory and deeper data,
which will enable improved targeting and relevancy, resulting in greater response and /or improved ad campaign
results. Programmatic tools will also enable the ad buyers to adjust ad campaigns on a real time basis and with
increased buying efficiencies.
Publishers are interested in expanding programmatic selling in an effort to keep up with the buyers who are seeking
programmatic opportunities. Furthermore, publishers are seeking greater operational efficiencies and expanded
access to targeting data with the goal of improved pricing and higher ROIs through more relevant advertisements
to the end user.
Despite these demands from both buyers and sellers, there are many questions around the continued growth of
programmatic advertising. We consistently heard among the companies we spoke with that there is a lack of
quality premium inventory currently available through programmatic channels, specifically with video. Initiatives
around Automated Guaranteed (i.e. fixed prices and reserved inventory) and Invitation Only Auctions (i.e.
unreserved inventory and auction pricing) are attempting to address this, but have not yet gained widespread
attraction. We also heard concerns over the lack of transparency in the marketplace with respect to viewable and
fraudulent transactions. This is further compounded by fragmentation in the industry. Because there are so many
programmatic platforms and technologies offering a wide range of solutions from a fully integrated stack to niche
mobile or video specific solutions, there is an increased number of touch points in which transparency can be
obscured. Fragmentation has also resulted in increased costs to the ad buyer with each touch point extracting a fee
for the value added service being provided.
Regardless of these challenges, one thing was abundantly clear in our discussions with the industry participants –
programmatic will likely continue its significant growth as more and more ads will be bought and sold through
programmatic channels.
Defining programmatic
For the purpose of this study, programmatic was defined, but not universally accepted, as “machine based buying
and selling of digital media including auction based methods like RTB and private marketplaces as well as the
automation of direct sales, sometimes called programmatic direct.” We will further discuss this definition later in
the report within the Programmatic definitions & types section.
8. 8
Defining the 2014 programmatic
ecosystem
Programmatic buying ecosystem
The programmatic ecosystem is extremely complex and navigating it is difficult even for the most seasoned
programmatic veteran. Understanding the players that contribute to programmatic revenues is an essential step in
sizing industry-wide programmatic revenues. In the programmatic world, the path from advertiser to publisher
varies with multiple ad tech intermediaries along the way. To provide a thorough measurement of programmatic
advertising revenues, we gauged revenues across the programmatic buying and selling ecosystem.
The programmatic ecosystem is made up of several technology components from the buy side and sell side. The buy
side is comprised of the advertisers, agency trading desks (ATDs) and demand side platforms (DSPs). The sell side
is comprised of ad exchanges, supply side platforms (SSPs), publishers and ad networks, although ad networks can
fall on both sides of the ecosystem. Overlaid across the buy side and sell side is the data, analytics, measurement
and verification tools along with data management platforms (DMPs). These ad tech components make up the
programmatic ecosystem.
2014 programmatic ecosystem: through the lens of
an advertiser
Looking at the programmatic ecosystem through the lens of an advertiser, there are several different paths an
advertiser’s dollar could take to reach the publisher. Below is a simplified process flow to illustrate the potential
paths the advertiser’s dollar could take, represented by arrows, to reach the publishers within the 2014
programmatic landscape. This illustrated landscape does not factor in the complexity brought upon by the
proliferation of mobile and video specific solutions.
9. 9
The life of a programmatic RTB ad impression
While marketers may spend hours, days, weeks or months planning their ad campaigns, the life span of a
programmatic RTB impression is only a fraction of a second. To help conceptualize the interactions a programmatic
RTB impression takes throughout the ecosystem, we have outlined the process below.
10. 10
Making sense of the 2014
programmatic players
Buy side ecosystem
Advertisers
Advertisers sit on the buy side and are responsible for purchasing digital ad impressions or digital inventory
ultimately made available from publishers.3
Trading Desks / Agency Trading Desks (ATDs)
Trading desks, known for their programmatic trading expertise, play the day-to-day campaign management role. 4
These trading entities can be independent or operate within an agency holding company.
ATDs are the trading arm (or trading entity) of agencies or holding companies. During 2014 this was the most
common form of trading desks. ATDs, while leveraging their buying technology, can purchase programmatic digital
inventory on ad networks, ad exchanges and SSPs. ATDs often charge a percentage of media spend averaging 5-
15%.5
Demand Side Platforms (DSPs)
A demand side platform (DSP), also called “buy side optimizer” and “buy side platform” is a technology platform
that provides centralized and aggregated media buying from multiple sources including real time
bidding capabilities of these sources.3
Leveraging a DSP gives marketers, advertisers and/or agencies greater access to programmatic digital inventory
made available through ad networks, ad exchanges or SSPs. DSPs typically charge based off a percentage of media
transacted model. DSP fees can range from 6-25%5 of media spend depending on the level of managed services
associated with the agreement.
Hybrid ecosystem
Ad Networks
Ad networks provide an outsourced sales capability for publishers and a means to aggregate inventory and
audiences from numerous sources in a single buying opportunity for media buyers. Ad networks may provide
specific technologies to enhance value to both publishers and advertisers, including unique targeting capabilities,
creative generation and optimization.3
Historically, ad networks sold their aggregated, packaged inventory and audiences in bulks of impressions. With
the rise of programmatic, ad networks began buying and selling some of their inventory at the individual
impression level as opposed to bulks of impressions.
3 IAB UK - Jargon Buster. Accessed May 1, 2015
4 IAB Wiki – Glossary of Interactive Advertising Terms. Accessed May 1, 2015
5 Ranges derived from a mix of industry sources, which were not a part of our survey, and validated through
interviews
11. 11
Ad networks can sit on the buy side as they can purchase programmatic digital inventory through ad exchanges or
other ad networks by leveraging DSPs. Ad networks can also be on the sell side as they offer up their inventory
through private market places. Ad networks typically add 30%-50% value-add mark-up fees with a few networks
charging greater than 50%.6
Sell side ecosystem
Publishers
Publishers sit on the sell side and are the end seller of the digital ad impression or digital inventory.7
Ad exchanges
Online ad exchanges are auction-based marketplaces that facilitate the buying and selling of inventory across
multiple parties.7 Ad exchanges typically sell their inventory to DSPs, ATDs (who either license or build an in-house
DSP), ad networks, and to other exchanges. Ad exchanges generate revenue from a percentage of media revenue
transacted basis ranging from 7%-20%.6
Ad exchanges give buyers access to more digital inventory in real-time, more control of ad pricing at the impression
level and other benefits. Similarly, ad exchanges give sellers the ability to make their inventory available to more
advertisers in real-time, simplify reporting within a single view when leveraging a single ad exchange and more.
Supply Side Platforms (SSPs)
A sell side platform (SSP), which may also be referred to as a “sell side optimizer”, “inventory aggregator” and/or a
“yield optimizer”, is a technology platform that provides outsourced media selling and ad impression inventory. An
SSP does not provide services for advertisers. 7 SSPs help publishers yield the highest price for their unsold
inventory in a programmatic environment including real-time bidding.
SSPs sell digital inventory on behalf of the publisher through DSPs, ad exchanges or ad networks. SSPs generally
price based off a percentage of media revenue transacted through their platform. The percentage charged is
typically 10-20%.6
6 Ranges derived from a mix of industry sources, which were not a part of our survey, and validated through
interviews
7 IAB UK - Jargon Buster. Accessed May 1, 2015
12. 12
Programmatic advertising
revenue
Programmatic revenues totaled $10.1 billion in 2014
Total programmatic revenues in the United States
reached $10.1 billion in 2014, comprising
approximately 52% of total 2014 display related
advertising ($19.6 billion) and approximately 20% of
2014 total internet advertising revenues ($49.5
billion).8
In our first year of recording programmatic revenues,
we found that programmatic driven advertising
revenues surpassed non-programmatic display
related revenues.
Programmatic as a % of Display Related*
Advertising Revenues - 2014
Source: IAB Programmatic Advertising Study,
IAB/PwC Internet Ad Revenue Report, FY 2014
*Display related advertising includes banner ads,
digital video, rich media and sponsorship on desktop
and mobile devices.
Top 10 companies command 66% of programmatic revenues
in 2014
When analyzing total programmatic revenues
(inclusive of both publishers and ad tech companies),
we found that online programmatic advertising
revenues were concentrated with the ten (10) leading
companies, which accounted for 66% of total
programmatic revenues in 2014.
Companies ranked in the top 25 accounted for
approximately 75% of total programmatic revenues.
Remaining companies accounted for 25% of total
revenues.
% Share of Total Revenues – by Company
Rank
Source: IAB Programmatic Advertising Study
8 IAB/PwC Internet Ad Revenue Report, FY 2014. April 22, 2015
52%
48%
Programmatic Non-Programmatic
66%
9%
25%
1-10 11-25 26+
13. 13
Programmatic definitions & types
Programmatic is not universally defined
Over the course of this study, we found that there were differences within the market
as to a universal definition of programmatic.
Programmatic, as defined in our study, is the “machine based buying and selling of
digital media including auction based methods like RTB and private marketplaces as
well as the automation of direct sales, sometimes called programmatic direct.”
There was significant
disparity within the
industry on what
participants considered
to be programmatic.
There was a consensus
on Open Auction;
however, there were inconsistencies with respect to inventory that was either
unreserved with a fixed price (Unreserved Fixed Rate) or reserved inventory with a
fixed price (Automated Guaranteed) as some participants viewed these types as non-
programmatic buying methods. One leading exchange indicated that their logic
behind the disagreement was with the notion that programmatic promises a “harder
working dollar.” Buy side and sell side algorithms should work to yield the highest
CPM price for the publishers and find the “best” impression with the right price and
audience for the buyer resulting in a harder working dollar. If the price and quantity is
fixed, this hypothetical, ‘harder working dollar’ scenario could no longer exist.
This definitional disagreement also bled over into defining and reporting on
programmatic types. As the term “programmatic” was not universally defined, the four
programmatic types (illustrated on page 14) as we defined them (Open Auction,
Invitation-Only Auction, Unreserved Fixed Rate, and Automated Guaranteed) were
also not universally agreed upon during our interviews. Several survey participants
mentioned their back end reporting systems were unable to break out their reporting
by these four types. Due to these definitional and reporting constraints, this report
only categorizes programmatic into two types: Open Auction and Other (i.e.
Invitation-Only, Unreserved Fixed Rate and Automated Guaranteed).
An overview of
programmatic
types
For the purpose of
this study, we
defined
programmatic into
the following
four types:
Open Auction
Unreserved
Inventory
Auction Pricing
One – All
Participation
Invitation-Only
Auction
Unreserved
Inventory
Auction Pricing
One-Few
Participation
Unreserved Fixed
Rate
Unreserved
Inventory
Fixed Pricing
One-One
Participation
Automated
Guaranteed
Reserved
Inventory
Fixed Pricing
One-One
Participation
Programmatic is the “machine based buying and
selling of digital media including auction based
methods like RTB and private marketplaces as
well as automation of direct sales, sometimes
called programmatic direct.”
14. 14
Open Auction accounted for approximately 70% of
programmatic revenues
We heard consistently among the companies we
spoke with or who submitted revenue figures that the
majority of programmatic activity in 2014 was
transacted through Open Auctions.
Based on our study findings, we estimate Open
Auction accounted for approximately 70% of
programmatic revenues in 2014, while the Other
category, comprised of Invitation-Only Auction,
Unreserved Fixed Rate and Automated Guaranteed,
made up approximately 30%. Differences in how
companies report non-Open Auction programmatic
revenues created challenges in accurately estimating
the other categories. However, our survey findings
would lead us to believe that no individual category
within Other made up a significant portion.
Programmatic Types – 2014
Source: IAB Programmatic Advertising Study
Future state: strategic shift from Open Auction to Other
While Open Auction made up the majority of programmatic revenues in 2014, based on our findings, we expect the
Other category to gain more traction in the coming years. A leading ad tech platform executive told us that they see
70%
30%
Open Auction Other
15. 15
that private marketplaces are becoming much more prevalent. We believe this shift is due to an increase in demand
on the buy side for increased transparency (i.e. reporting, targeting and features), brand safeguarding, along with a
desire from ad buyers to ensure reserved and quality inventory.
We also expect an increase in supply from the sell-side as more premium inventory is made available
programmatically. A premium publisher said “we are moving away from Open Exchanges and shifting inventory to
Private Exchanges” as there is better pricing (i.e. enacting price floors for optimal yield) and inventory access
control. As publishers gain more control and realize greater yields within the private marketplaces, we expect
there will be a greater shift from Open Auction to Other types.
We found that Automated Guaranteed was the least mature
programmatic type in 2014, but we foresee it growing in the near
future. This statement is supported and echoed by a leading exchange
that stated “Automated Guaranteed is seen as a ‘shiny object with
huge opportunity’ because of its lack of market saturation.”
We expect Automated Guaranteed buying and selling to be a push for the Other type segment in the coming years
for several reasons. One, more publishers will shift to Automated Guaranteed as revenue forecasting would be more
predictable than with unreserved, auction-based inventory. And secondly, publishers also see added value moving
away from Open Auctions as premium inventory can be reserved with a better assurance of quality and price for the
buyers, which protects the commoditization of price. As these benefits are realized, we expect there will be a
greater shift from Open Auctions to Automated Guaranteed.
“Automated Guaranteed is seen as
a ‘shiny object with huge
opportunity’….”
16. 16
Programmatic revenue mix
How ad tech plays a role within programmatic
Understanding the programmatic revenue flow from advertiser to publisher is an important component in sizing
the overall programmatic market.
We consistently heard throughout our conversations with industry executives that programmatic ad tech fees are
substantial – generally close to 50% or more. These ad tech fees were often referred to as the “ad tech tax” in our
conversations. Ad tech tax in this context refers to the fees imposed on buyers and sellers for leveraging ad tech
technology, and/or value adds from ATDs, DSPs, SSPs, ad servers and ad networks. In many instances, these fees
get compounded as fees from one supplier get added to the costs of the next supplier in the programmatic value
chain.
The ad tech fees imposed on buyers and sellers is not consistent, but rather can vary greatly depending on how
programmatic inventory is bought and sold and the level of managed services being requested. For example, an
advertiser that uses a DSP to buy programmatic inventory on an ad exchange, which receives its inventory direct
from the publisher, may have less ad tech costs in comparison to an advertiser who hired an agency that uses an
ATD, who then licensed a DSP to buy the same inventory. Depending on the total mix of suppliers utilized
throughout the buying process – ATDs, ad networks, DSPs, etc. – the amount of ad tech fees can increase
substantially.
Ad tech programmatic revenues outweigh
publisher revenues
For this study, we looked at the amount of revenues
that were getting to the end publisher versus the
industry players prior to the publisher. We refer to
this as “ad tech” revenues vs. publisher revenues.
From our findings, we estimate ad tech revenues
represented approximately 55% of the programmatic
revenue pie in 2014 and approximately 45% of
programmatic revenues ultimately found its way to
the the publishers.
Publisher vs. Ad Tech Programmatic
Revenues - 2014
Source: IAB Programmatic Advertising Study
45%
55%
Publisher Ad Tech
17. 17
2014 programmatic ad formats
2014 programmatic revenues were predominately display
banner ads
From our findings, a large majority of programmatic revenues came from display banner ads in 2014. We estimate
approximately 80% of programmatic revenues in 2014 were from banner ads.
With an overabundance of display inventory, leveraging
programmatic selling provides publishers an ability to monetize
unsold ad space – making display the logical format to lead the
charge in programmatic.
As we see programmatic advertising continue to expand, leading
industry players suggest that high growth formats, such as mobile and video, will need to overcome certain
challenges to gain greater traction within programmatic.
Mobile programmatic
There are varying industry estimates to the degree in which mobile ad revenues are programmatically driven, with
some reports indicating that there is a high degree of programmatic buying in mobile. In our survey and
discussions we found that this wasn’t necessarily the case.
While growing, mobile programmatic adoption is behind that of programmatic desktop. Challenges in the ability to
effectively track and target audiences across devices have hindered mobile adoption of programmatic. Social
platforms are an exception to this as they have access to their customers’ logged-in data. By leveraging logged-in
data, social platforms can more accurately target across devices. Because of this advantage, we saw a much higher
adoption rate for mobile programmatic within social than within non-social categories.
Another challenge that burdens the adoption of mobile programmatic is in the natural data and targeting
disconnect that occurs across mobile web, mobile applications (Apps) and desktop. For example, behavioral data
that is available in Apps may not be available outside of those Apps.9 As a result, mobile programmatic buying
strategies may not always translate seamlessly outside of mobile or even between in Apps versus mobile web.
Solutions that bridge the audience gap across devices may also bring about the potential of unlocking the disparate
signals, bringing them together to create a stronger audience profile and ultimately an enhanced ability to
programmatically target relevant ads based on user behavior and location regardless of device.
Although mobile programmatic does face hurdles, it is a growing force of programmatic. Across the industry there
have been mergers and acquisitions by some of the largest ad sellers and platforms in an effort to increase mobile
capabilities, thus further demonstrating the belief that mobile programmatic is a critical component to growth.
We expect to see mobile programmatic grow as the challenges brought about from cross device targeting and data
gaps are addressed and as we continue to see internet advertising revenues shift to mobile.
9 IAB - Mobile Programmatic Playbook. Accessed May 1, 2015
Approximately 80% of programmatic
revenues in 2014 were from display
banner ads.
18. 18
The case for premium programmatic video
Like mobile, we found that the adoption of programmatic digital video lagged behind that of display banner ads in
2014 although for a different reason. From our study, we heard that the adoption of programmatic video in 2014
was hindered partly due to the scarcity of available premium video inventory. As eyeballs have shifted away from
traditional TV viewing to newer forms of video consumption, including online and mobile devices, brands want to
connect with their audiences at the right time and right place. For video that often means through premium
publisher inventory, but it is often not available for advertisers via programmatic channels.
Through our discussions, we repeatedly heard that premium video
inventory is selling out through traditional digital direct sales channels. As
a result of this demand, premium video publishers are able to sell their
inventory directly and can negotiate deals with advertisers at a premium
price. Inventory that goes unsold (remnant) on premium video publishers,
which is often less valuable, is then pushed to the programmatic channels.
While multiple industry executives told us in our interviews that premium programmatic video inventory is limited,
they expect growth in this area. We suspect that until there is significant growth in premium inventory, the
projected growth will likely come from Invitation-Only Auctions and through Automated Guaranteed buys where
publishers can better manage pricing on their existing premium inventory.
With major players investing in programmatic video capabilities and premium inventory partnerships, along with
the significant increase in video views within social sites, we will likely see the projected growth come to fruition.
Securing premium
programmatic video
inventory has been a
challenge for advertisers.
19. 19
Driving programmatic forward
There is no doubt that programmatic buying and selling is going to continue to grow, but the industry will need to
overcome the obstacles that were prevalent in 2014 to reach its full potential.
As we reached the end of our study, we found ourselves asking two questions: how do we get a better sense of the
size of programmatic revenues going forward and what changes are needed to push programmatic industry
adoption?
How to better size programmatic revenues moving forward
To provide a more exhaustive breakdown of programmatic revenues across types, formats and industries, we
believe the following changes are needed in the industry:
1. Standardization & adoption of programmatic definitions: We’ve discussed in this study that the
current programmatic landscape is complex and is a common source of confusion among those on both the buy
and sell side. The outcome of our study has confirmed that there is not a universally adopted definition of
programmatic, nor is there standardization of programmatic types.
As a result of the prominence in variations of what programmatic is
and is not, it is difficult to obtain uniform revenues across
breakouts. It is possible that companies participating in
programmatic advertising may be under or over reporting
programmatic revenues at an aggregate and breakout level. For
example, what one company may consider Automated Guaranteed, another may consider as non-programmatic
revenue. A universal definition of programmatic and industry-wide adoption needs to occur to be able to
accurately size the programmatic landscape. In particular, the industry needs to have uniform agreement
around non-Open Auction programmatic types. Throughout our study we found the largest discrepancies
across companies in these categories substantiating the notion of industry misalignment.
2. Increased dollar transparency: With our estimate of approximately 45% of programmatic revenues
reaching publishers, understanding where dollars are distributed across the ad-stack from advertiser to
publisher can be quite disorienting in the current programmatic landscape. How does that opaqueness impact
advertiser net pricing and advertising revenues relative to the value add of the ad stack? Are the added costs of
programmatic buying and selling resulting in stronger overall revenues than traditional direct sales?
Growing industry adoption of programmatic
In 2014, programmatic revenues exceeded that of non-programmatic display related revenues, but only slightly.
With the notion that programmatic promises greater efficiency in the ad process, increased audience targeting,
improved profitability and the significant prospect of programmatic growth in both mobile and video,
programmatic should be poised to take off. So what has been holding it back? How do we push forward?
1. Reduce confusion: Programmatic is today’s flavor of the month, driving many participants on both the buy
and sell side to go programmatic without fully understanding the landscape and determining which type of
programmatic is right for their business.
As the rush to programmatic continues and more and more companies enter the market, confusion will likely
only increase. As market complexities increase, will advertisers continue to push towards programmatic if they
don’t thoroughly understand where to invest and more importantly the incremental value of that investment?
The absence of a universally
adopted definition of programmatic
hinders a more robust sizing of
programmatic revenues.
20. 20
A unified understanding of programmatic will provide greater clarity for both buyers and sellers. Beyond
reducing confusion in definition, simplification of the landscape will play a role as buyers and sellers both
desire greater transparency and understanding of the landscape.
2. Increase advertiser trust: Buyers of programmatic want to know where their ads are being placed and if
those ads are being viewed by their targeted audience. It comes back to the adage: Right People, Right Place
and Right Time. In its current state, the Open Auction market is perceived as a big black box for advertisers,
and demand from advertisers for greater control over brand safety, ad verification and performance
measurement will require better solutions. Enhancements to,
and the standardization of viewability metrics are necessary to
improve the perception of programmatic.
As the standardization of viewable impressions continues to be
debated, major players are starting to add viewability metrics to reporting and other programmatic players are
beginning to offer “Money Back Guarantees” to alleviate viewability concerns within the market. While
capabilities to optimize viewability are emerging, they are not yet mature enough to be leveraged as a
transaction method.
Viewability concerns are not the only elephant in the room when it comes to sanitizing the validity of digital
inventory. Bot traffic and other fraudulent activities pertaining to non-human interaction with digital
inventory is widespread. Detecting and reporting on ad fraud within the programmatic ecosystem is a
significant concern for advertisers. Programmatic supply sources need to make fighting ad fraud a priority,
taking action by increasing transparency and improving fraud detection (inclusion and policing) to help
alleviate advertiser concerns.
Advertisers want to be reassured that the dollars they are spending programmatically are actually driving
increased results, reaching their targeted audiences, and that Brand quality is upheld.
3. Increase quantity of premium inventory: The Open Auction market allows for publishers to monetize
excess inventory, but it can’t be a rush to the bottom. Buyers want quality, premium inventory, particularly for
video. As the demand for premium programmatic inventory increases, publishers will need to adapt and find
ways to sell premium inventory programmatically through Other
(non-Open Auction) types. Publishers need to identify the
organizational operating models necessary to grow revenues as they
shift away from traditional direct sales channels to meet demand.
4. Advance cross device targeting capabilities: As mobile advertising and revenues continues to grow,
finding solutions to increase mobile adoption of programmatic will be paramount for overall growth. As
personalization and audience targeting become greater influencers of marketing activity, mobile advertisers
and technology players will need to find new ways to target and measure audiences across devices that are not
dependent on a user cookie. At the same time, advertisers need to be mindful of the concerns around user
privacy and data collection.
5. Enhance the quality and value of programmatic selling: As the buying and selling of ads becomes
automated, it will be critical to make sure that programmatic expands the volume of quality inventory by
efficiently connecting premium inventory to advertisers
with premium brands. The shift to these Other categories
may be the way to enhance the value delivered to
advertisers in programmatic. Although we predict a greater
role for these Other categories, the abundance of display
inventory and the continuing increase in mobile inventory will likely provide increased usage of Open Auction
as this currently remains the most cost effective way to monetize excess inventory.
6. Adaptability of publisher operations: Buyers have been driving the demand for programmatic while
many publishers have been left on the reactionary end. Publishers recognize the impact of programmatic but
The programmatic landscape needs
to become more transparent to
secure advertiser trust.
Publishers need to meet the
demand for premium
programmatic inventory.
Monetizing inventory cannot come at the
cost of the quality of ad inventory in the
shift to programmatic.
21. 21
many have not yet identified their strategic approach to making it work. Publishers will need to identify new
value propositions that can help differentiate their offerings, provide greater availability of programmatic
inventory (quantity, format, quality) and re-envision ad sales operations.
7. Consolidation within the programmatic ecosystem: With the fragmented ecosystem adding to the lack
of transparency, many believe the system is ripe for consolidation. While there have been significant
acquisitions over the past few years, the pace of new company development seems to outpace the consolidation.
Furthermore, some of the major players that are leading the consolidation also happen to be significant
providers of content, which could lead to increased conflicts of interest. The growth and consolidation of
platforms that are independent of the buyers and sellers may be critical to maintain fair and competitive
pricing.
Programmatic has become a strong contributor to internet advertising revenue. The potential for growth is clear,
but demystifying the programmatic landscape is critical to reach this potential.
22. 22
Appendix
Definitions of programmatic types
1. Automated Guaranteed – This type of transaction most closely mirrors a traditional digital direct sale. The
deal is negotiated directly between buyer and seller, the inventory and pricing are guaranteed, and the
campaign runs at the same priority as other direct deals in the ad server. The programmatic element of the
transaction that differentiates it from a traditional direct sale is the automation of the RFP and campaign
trafficking process. Negotiation through to fulfilment can be, should the publisher desire, completed within the
technology platform providing the automated reserve functionality.
2. Unreserved Fixed Rate – This auction type is very similar to an Open Auction except a publisher restricts
participation to select buyers/advertisers via Whitelist/Blocklist. A publisher may choose to not participate in
an Open Auction and only run an Invitation-Only Auction. It is important to note that an Invitation-Only
Auction is an auction and buyers will be expected to bid on inventory. A publisher may choose to expose
different information such as transparency or data, through the use of Deal IDs or Line Items to add value to
this select group of buyers while participating in this tactic.
3. Invitation-Only Auction – This auction type is very similar to an Open Auction except a publisher restricts
participation to select buyers/advertisers via Whitelist/Blocklist. A publisher may choose to not participate in
an Open Auction and only run an Invitation-Only Auction. It is important to note that an Invitation-Only
Auction is an auction and buyers will be expected to bid on inventory. A publisher may choose to expose
different information such as transparency or data, through the use of Deal IDs or Line Items to add value to
this select group of buyers while participating in this tactic.
4. Open Auction – An Open Auction is the Wild West of auctions. A publisher will generally allow any and all
buyers to participate in accessing their inventory through this tactic. Usually there is no direct relationship with
the buyer. Publishers may choose to use Blocklists and floor pricing to prevent advertisers from gaining access.
On the advertiser side they are often unaware of what publisher they are buying on. DSP’s usually present a list
of exchanges/SSPs to the buyer that they automatically opt into. Buyers may not know or care that they are
buying a publisher’s inventory. Because of this, publishers can participate in the Open Auction on a blind basis
The following table summarizes these four types and might help to drive commonality of terms.
Programmati
c type
Type of
inventory1
Pricing2 Participatio
n
Other terms used in
market
Other
considerations
Automated
Guaranteed
Reserved Fixed One-One Programmatic
guaranteed
Programmatic premium
Programmatic direct
Programmatic reserved
Prioritization in
the ad server
Deal ID
Data usage
Transparency
to buyer
Price floors
Unreserved
Fixed Rate
Unreserve
d
Fixed One-One Preferred deals
Private access
First right of refusal
Invitation-
Only Auction
Unreserve
d
Auctio
n
One-Few Private marketplace
Private auction
Closed auction
Private access
Open Auction Unreserve
d
Auctio
n
One-All Real-time bidding(RTB)
Open exchange
Open marketplace
1 Reserved Inventory is advertising space on a publisher’s site that is put aside for a specific advertiser for an agreed price.
2 Fixed Price is any arrangement where the buyer & seller agree on a flat price that the buyer pays rather than the highest bidder
in an auction environment. Programmatic Overview| IAB. Accessed May 1, 2015
23. 23
Definitions of advertising formats
Banner
Advertising
Advertiser pays an online company for space on one or more of the online company’s pages to
display a static or linked banner or logo.
Sponsorship Advertiser pays for custom content and/or experiences, which may or may not include ad
elements such as display advertising, brand logos, advertorial, or pre-roll video. Sponsorships
fall into several categories:
Spotlights are custom-built pages incorporating an advertiser’s brand and housing a
collection of content usually around a theme
Advergaming can range from an advertiser buying all the ad units around a game or a
“sponsored by” link to creating a custom branded game experience
Content & Section Sponsorship is when an advertiser exclusively sponsors a particular
section of the site or email (usually existing content) re-skinned with the
advertiser’s branding
Sweepstakes & Contests can range from branded sweepstakes on the site to a full-fledged
branded contest with submissions and judging
Search Fees advertisers pay online companies to list and/or link their company site domain name to a
specific search word or phrase (includes paid search revenues). Search categories include:
Paid listings – payments made for clicks on text links that appear at the top or side of
search results for specific keywords. The more a marketer pays, the higher the position it
gets. Marketers only pay when a user clicks on the text link.
Contextual search – payments made for clicks on text links that appear in an article based
on the context of the content, instead of a user-submitted keyword. Payment only occurs
when the link is clicked.
Paid inclusion – payments made to guarantee that a marketer's URL is indexed by a
search engine (i.e. advertiser isn’t paid only for clicks, as in paid listings).
Site optimization – payments made to optimize a site in order to improve the site’s
ranking in search engine results pages (SERPs). (For example, site owner pays a company
to tweak the site architecture and code, so that search engine algorithms will better index
each page of the site).
Lead
Generation
Fees paid by advertisers to online companies that refer qualified potential customers (e.g.,
auto dealers which pay a fee in exchange for receiving a qualified purchase inquiry online) or
provide consumer information (demographic, contact, behavioral) where the consumer opts in
to being contacted by a marketer (email, postal, telephone, fax). These processes are priced on
a performance basis (e.g., cost-per-action, -lead or -inquiry), and can include user applications
(e.g., for a credit card), surveys, contests (e.g., sweepstakes) or registrations.
Classifieds
and Auctions
Fees paid to advertisers by online companies to list specific products or services (e.g., online
job boards and employment listings, real estate listings, automotive listings, auction-based
listings, yellow pages).
24. 24
Definitions of advertising formats (cont.)
Rich Media Display-related ads that integrate some component of streaming interactivity. Rich media ads
often include flash or java script, but not content, and can allow users to view and interact with
products or services (e.g., scrolling or clicking within the ad opens a multimedia product
description, expansion, animation, video or a “virtual test-drive” within the ad).
All IAB Rising Stars ad formats are considered Rich Media. Video commercials that appear in
video players are considered Digital Video Ads, not Rich Media.
“Interstitials” have been consolidated within the rich media category and represent full- or
partial-page text and image server-push advertisements which appear in the transition
between two pages of content. Forms of interstitials can include a variation of the following
terms:
Splash screens – a preliminary page that precedes the regular home page of a website that
usually promotes a particular site feature or provides advertising. A splash page is timed to
move onto the home page after a short period of time.
Pop-up ads and pop-under ads – an advertisement that appear in a separate window
which automatically loads over an existing content window, without an associated banner.
Daughter windows – an advertisement that runs in a separate window associated with a
concurrently displayed banner. The content and banner are typically displayed first,
followed by the daughter window.
Superstitials – ads that are distinct from interstitials because of the much higher ad quality,
and that they play instantly (ads are fully downloaded before they are displayed).
Digital Video
Advertising
Advertising that appears before, during or after digital video content in a video player (i.e. pre-
roll, mid-roll, post-roll video ads). Digital Video Ads include TV commercials online and can
appear in streaming content or in downloadable video. Display-related ads on a page (that are
not in a player) that contain video are categorized as rich media ads.
Video Overlays are also categorized as Digital Video Advertising. Video overlays include small
ads that appear on top of digital video content. They can appear to be display, video, rich
media, text or another ad format but are contained within the video player.
Mobile
Advertising
Advertising tailored to and delivered through wireless mobile devices such as smartphones,
feature phones (e.g. lower-end mobile phones capable of accessing mobile content), and media
tablets. Typically taking the form of static or rich media display ads, text messaging ads, search
ads, or audio/video spots, such advertising generally appears within mobile websites (e.g.
websites optimized for viewing on mobile devices), mobile apps, text messaging services (i.e.
SMS, MMS) or within mobile search results (i.e., 411 listings, directories, mobile-optimized
search engines).
Mobile advertising formats include: Search, Display (banner ads, digital video, digital audio,
sponsorships, and rich media), and Other advertising served to mobile devices.
Social Media
Advertising
Advertising delivered on social platforms, including social networking and social gaming
websites and apps, across all device types, including desktop, laptop, smartphone and tablet.
25. 25
Survey scope and methodology
Survey scope
The Interactive Advertising Bureau (IAB) retained PwC to produce an independent report that sizes the overall
market, help standardize definitions and start measuring the growth for programmatic advertising revenue in order
to share these study findings with the industry. The "IAB programmatic advertising study" is part of an ongoing
IAB mission to provide an accurate barometer of internet advertising growth.
Key aspects of the survey include:
Obtaining historical data directly from companies generating programmatic advertising revenues;
Making the survey as inclusive as possible, encompassing all forms of internet/online/mobile advertising,
including websites, consumer online services, ad networks and mobile devices; and
Maintaining a confidential process, releasing only aggregate data.
Methodology
To develop an estimate of programmatic revenue, PwC performs the following:
Compile a database of industry participants selling internet/online and mobile programmatic advertising
revenues.
Conduct interviews with leading companies that buy and sell programmatic inventory and request quantitative
estimates.
Distribute a quantitative survey with leading industry players, including web publishers, ad networks, mobile
providers and other online media companies that generate revenue from programmatic.
Request and compile several specific data items, including breakouts by the various types of programmatic,
formats and devices.
Exclude revenues associated with traffic acquisition to avoid double counting.
Identify non-participating companies and apply a conservative revenue estimate based on available
public sources and information obtained from our interviews.
Analyze the findings; identify and report key trends.
26. 26
About the Interactive Advertising Bureau
The Interactive Advertising Bureau (IAB) empowers the media and marketing industries to thrive in the digital
economy. It is comprised of more than 650 leading media and technology companies that are responsible for
selling, distributing and optimizing digital advertising and marketing. Together, they account for 86 percent of
online advertising in the United States. Working with its member companies, the IAB evaluates and recommends
standards and practices and fields critical research on interactive advertising. The organization is committed to
professional development, elevating the knowledge, skills, and expertise of individuals across the digital marketing
industry. The IAB also educates marketers, agencies, media companies and the wider business community about
the value of interactive advertising. Founded in 1996, the IAB is headquartered in New York City.
Overall report guidance provided by IAB leadership
Executive Committee
President and CEO
Randall Rothenberg
IAB
Joe Apprendi
Collective
Joan Gillman
Time warner Cable Media
Chairman
David Morris
CBS Interactive
Curt Hecht
The Weather Channel
Neal Mohan
Google
Vice Chair
Lauren Wiener
Tremor Video
Jim Norton
AOL
Vivek Shah
Ziff Davis, LCC
Rik van der Kooi
Microsoft Advertising
Board of Directors
Michael Barrett
Millennial Media
David Brinker
News Corporation
Ned Brody
Yahoo!
Paul Caine
Bloomberg Businessweek
Kevin Conroy
Univision
Jory Des Jardins
SheKnows
Mark Ford
Time Inc.
Eric Franchi
Undertone
Michael Friedenberg
IDG Communications
Eric Harris
BuzzFeed
Mark Howard
Forbes Media
Scott Howe
Acxiom
Eric Johnson
ESPN.com
Neil O. Johnston
CMG Digital
Seth Ladetsky
Turner Broadcasting System
David Lawenda
Facebook
Meredith Kopit Levien
The New York Times Company
Jean-Philippe Maheu
Twitter
Harold Morgenstern
Discovery Communications
Penry Price
LinkedIn
Scott Schiller
NBC Universal
Drew Schutte
Condé Nast
Tad Smith
The Madison Square Garden Company
John Trimble
Pandora
Jacob Weisberg
Slate
Mike Welch
AT&T AdWorks
Troy Young
Hearst Magazines Digital Media
Ex-Officio
Founding Chairman
Rich LeFurgy
Archer Advisors
David Moore
Xaxis
Treasurer
John Toohey
Time Warner Cable Media
Secretary
Joe Rosenbaum
Reed Smith LLP
27. 27
PwC New Media Group with the Entertainment, Media, and
Communications practice
As business, accounting, and tax advisors to many of the world’s leading Entertainment, Media, and
Communications (EMC) and Technology (Tech) companies, PwC (www.pwc.com) has an insider’s view of trends
and developments driving the industry. With approximately 1,200 practitioners serving EMC and Tech clients in
the United States, PwC is deeply committed to providing clients with industry experience and resources. In recent
years, our pioneering work in EMC and Tech has included developing strategies to leverage digital technology,
identifying new sources of financing, and marketplace positioning in industries characterized by consolidation and
transformation. Our experience reaches across all geographies and segments of the EMC and Tech sectors,
including broadband, wireless, the internet, music, film, television, publishing, advertising, gaming, theme parks,
computers and networking, and software. With thousands of practitioners around the world, we're always close at
hand to provide deep industry knowledge and resources.
PwC’s New Media Group was the first practice of its kind at a Big Four firm. Currently located in New York, Los
Angeles, Boston, Seattle, and the Bay Area, our New Media Group includes accounting, tax, and consulting
professionals who have broad and deep experience in the three areas that converge to form new media: advanced
telecommunications, enabling software, and content development/distribution.
Our services include:
Business assurance services
Web audience measurement and advertising delivery auditing and advisory
IAB Measurement Certification Compliance auditing
Privacy policy structuring, attestation, and compliance advisory
Mergers & acquisitions assistance
Tax planning and compliance
Capital sourcing and IPO assistance
For more information about our New Media Group, contact one of the following PwC professionals:
New York
David Silverman
Partner, Assurance Services
646.471.5421
david.silverman@us.pwc.com
New York
Russ Sapienza
Principal, Advisory Services
646.471.1517
russell.j.sapienza@us.pwc.com
Hallandale Beach
Stephanie Faskow
Manager, Advisory Services
954.604.1968
stephanie.faskow@us.pwc.com
Boston
Vic Petri
Partner, Assurance Services
617.478.1698
victor.petri@us.pwc.com
San Jose
Mike Pearl
Principal, Assurance Services
408.817.3801
michael.pearl@us.pwc.com
Seattle
Suzanne Faulkner
Principal, Assurance Services
206.398.3550
suzanne.faulkner@us.pwc.com