|
OpenAP Introduces new OpenAP Data Hub to Power the Future of Television Advertising with Snowflake
Friday, June 24, 2022
New cross-platform and cross-publisher clean room solution will be built on Snowflake's Media Data Cloud
OpenAP Data Hub will be developed in phases to provide publishers and advertisers access to rich cross-platform data for more effective planning, targeting and measurement of TV advertising campaigns
CANNES, France, June 23, 2022 /PRNewswire/ -- OpenAP, the advanced advertising company bringing simplicity and scale to audience-based campaigns in television, today announced a new strategic partnership with Snowflake, the Data Cloud company, to develop OpenAP Data Hub, a new cross-platform and cross-publisher clean room solution for the television industry built on Snowflake's Media Data Cloud. OpenAP Data Hub will give publishers and advertisers access to rich, cross-platform data in privacy-compliant environments to power more effective audiences for targeting and measurement. OpenAP will release the first of several planned capabilities for production use at the start of Broadcast Year 2023.
The OpenAP Data Hub will be the central destination for cross-publisher and cross-platform campaign data and analysis. The solution will enable access to the OpenID spine and TV data appended to the spine, including OpenAP demographic audiences, custom audiences and OpenID exposure data.
"Enabling data-rich, cross-platform advertising that is relevant to how consumers are viewing video today requires the resolution of viewership data across multiple environments. The future of advertising must be built on top of powerful clean room technology to perform at the massive scale of TV. Together with Snowflake, we are designing an ecosystem for TV advertising that is open and interoperable, all while protecting the privacy of viewer data," said OpenAP CEO David Levy.
OpenAP Data Hub will adopt a develop-and-release cadence to build out the clean room solution and capabilities needed by core constituents, including TV publishers, cross-platform measurement providers, agencies, brands, and audience and attribution data providers, who are looking to run targeted advertising campaigns that preserve a high standard of consumer data privacy and governance. The phase one release scheduled for October of 2022 will enable the seamless sharing of proprietary digital exposure data resolved to OpenIDs with authorized advertisers and advertiser systems, with NBCUniversal, Paramount, Fox and Warner Brothers Discovery the first to participate.
The new clean room solution for the television industry will be built on Snowflake and will include bespoke environments for publishers, data and measurement companies as well as marketers. Pre-built native Snowflake functions will make it easier and faster to upload and distribute data, facilitating more effective cross-publisher and cross-platform planning, targeting and measurement in privacy-safe environments.
"Our partnership with OpenAP will empower publishers and advertisers with the cross-platform capability they need to execute and measure privacy-based, targeted advertising campaigns," said Bill Stratton, Global Head of Media, Entertainment and Advertising Vertical, Snowflake. "Our work together integrating the OpenAP Data Hub with the Media Data Cloud will set a new standard for cross platform advertising and collaboration in this new age of data and privacy."
"Cross-screen viewership has meant that campaign data must be seamlessly matched across multiple devices and doing this at scale for advertisers requires data sets to be matched between multiple parties fast and securely. By creating the OpenAP Data Hub as the TV clean room solution, we are designing a future for advertising that will power relevant brand messages wherever consumers are viewing video without ever having to move or copy data for identity resolution and enrichment," said Dan Callahan, SVP, data strategy and sales innovation at FOX; Krishan Bhatia, president & chief business officer at NBCUniversal; John Halley, chief operating officer, advertising revenue at Paramount; and Jim Keller, EVP, digital ad sales and advanced advertising at Warner Brothers Discovery, Inc. in a joint statement.
About OpenAPOpenAP is the advanced advertising company bringing simplicity and scale to audience-based campaigns in television. Powered by a standards-based approach to data activation, we enable advertisers to onboard audiences centrally for use in planning, campaign execution and measurement across the largest footprint of premium video advertising. OpenAP makes it possible for unified ID-based audiences to be used for targeting and measurement across any TV publisher in both linear and digital viewing environments, unlocking transformative insights when using the same audience consistently across all screens. Our technology is open and interoperable, delivering workflow automation and efficiencies on advanced audience campaigns for agencies, brands and publishers. For more information, visit www.openap.tv and follow @OpenAPTV on Twitter and LinkedIn.
View original content:https://www.prnewswire.com/news-releases/openap-introduces-new-openap-data-hub-to-power-the-future-of-television-advertising-with-snowflake-301573723.html
SOURCE OpenAP
|
|
|
|
|
|
 |
ISSAQUAH FINANCIAL PROVIDES NOTICE OF POTENTIAL DATA EVENT | Mar 28, 2025
|
|
Foregoing Banking-as-a-Service: Case study concludes Current's core banking technology provides a key edge in the market | Mar 28, 2025
|
|
Xojo 2025r1 Launches with Linux ARM Support, Web Drag and Drop and Direct App Store Submission | Mar 28, 2025
|
|
OrthoMinds, LLC Provides Notice of a Data Security Event | Mar 28, 2025
|
|
O'Shaughnessy Ventures Launches Infinite Books, Names Bestselling Author Jimmy Soni as CEO and Editor in Chief | Mar 28, 2025
|
|
Earnest Analytics launches AI-powered data summaries in its online platform, Dash | Mar 28, 2025
|
|
Disrupting Digital Identity: Sentry's Biometric Solution to Stop Fraud | Mar 28, 2025
|
|
Casio America Announces Strategic Transformation to Drive Innovation and Growth | Mar 28, 2025
|
|
Canon Announces V1 Digital Camera, Reboots Compact Lineup with Video Centric PowerShot V1 Camera, YouTube First Look Video and More Info at B&H | Mar 28, 2025
|
|
Weekly Recap: 10 Finance Press Releases You Need to See | Mar 28, 2025
|
|
|
|
