AOL sharpens advertising ambitions with its One platform

The One platform offers an enhanced form of automated ad-buying

AOL CEO Tim Armstrong, announcing the company's "One" ad platform.
AOL CEO Tim Armstrong, announcing the company's "One" ad platform.

AOL is pushing to become an elite advertising business with a new platform for buying and selling ads tied to big data.

On Wednesday the company announced "One," a system designed to help automate the process of buying and selling ads, and give marketers better data about the effectiveness of their campaigns across channels such as display, social and video.

The platform springs from new technology built by AOL, as well as a series of acquisitions the company has made over the years, including Adap.TV, for video ads, and Gravity, for personalizing ads.

AOL already provides a platform for programmatic ad buying, the industry's term for automated trading systems that allow companies to place ads across the Internet as well as traditional media.

But AOL hopes that One will take things further. "Today is a tipping point in the industry," said AOL CEO Tim Armstrong, in announcing the system at an advertising trade show in San Francisco. Currently, the advertising business makes more money with more hands on deck, he said, but One is designed to provide better value by automating more of the process.

The system will provide more tools for marketers to gather and track data about customer engagement signals, and unify that information from different sources such as display and TV ads.

Previously, those data sets existed in different places and were harder for marketers and agencies to make sense of, said AOL's Bob Lord, who heads the company's ad technology arm, following the announcement.

AOL's release of One shows a major power play by the company to seize a booming trend around automated advertising, a US$50 billion market in the U.S. alone, AOL's Lord said.

One could help AOL compete against online advertising companies such as Google, as well as marketing software players such as Adobe Systems and Salesforce.

"Google is the closest," Lord said, describing how close that company's automated ad-buying platform is to AOL's One.

One also marks a different type of venture for AOL, separate from providing original content, a bit of a sore spot for the company given its struggles with the news site Patch.

AOL's first beta partner for One is Magna Global, the media agency of IPG Mediabrands. Magna Global hopes to automate 50 percent of its ad buying by 2016.

Over the next six months, AOL plans to bring other big brand advertisers on board with One.

Zach Miners covers social networking, search and general technology news for IDG News Service. Follow Zach on Twitter at @zachminers. Zach's e-mail address is zach_miners@idg.com

Join the newsletter!

Error: Please check your email address.
Show Comments

Blog Posts

The competitive advantage Australian retailers have over Amazon

With all of the hype around Amazon, many online retailers have been trying to understand how they can compete with the American retail giant.

Joel Milligan

Performance manager, Columbus Agency

How to become the customer experience custodian

The number one objective enterprises give for embarking on a digital transformation is to improve customer experiences with new engagement models, according to IDC’s 2017 global study.

Fear not: It's only a robot

Every time I pass through the automated border controls at the Sydney airport I walk away with a feeling of exasperation on the one hand and relief on the other. Exasperation, because the face recognition technology inevitably always fails to recognise me. Relief, because we seem to be safely years away from the Orwellian reality of states controlling every aspect of our lives; something the media is keenly warning us against each day.

Dan Kalinski

CEO, iProspect Australia and New Zealand

And to add after looking at event pictures plus, observing all AU's visible Blonde Bimbos (think Julie Bishop to this Georgie Gardnerare)...

absolutelyconcerned

In pictures: CMO 50 2017: The who's who of Australian marketing leadership

Read more

CMO 50 2017 announcement mentioning "innovation". I checked date and its November not April so its wasn't an April Fools' Joke. Australia...

absolutelyconcerned

In pictures: CMO 50 2017: The who's who of Australian marketing leadership

Read more

I worked at Momentum when the transformation started way back in 2013 (not 2015 as stated in the article). It was a painfully slow and co...

Jay

How Momentum Energy has transformed its entire business to be customer-led

Read more

Another buzzword thoughtlessly latched onto, without any thought for the implications on the organisations that have to lumber through th...

Tired

Rolling out agile marketing at Deakin

Read more

Useful., also don’t miss out on these 5 features of Adobe Experience Cloud - Visit here > http://www.softcrylic.com/b...

Sunil Joseph

Adobe debuts Advertising Cloud, Experience Cloud

Read more

Latest Podcast

More podcasts

Sign in