Title
AWS re:Invent 2022 - Accelerating innovation in advertising and marketing technology (ADM101-L)
Summary
- Tim Barnes, General Manager of the AdTech and MarTech vertical at AWS, discussed the evolution of advertising and marketing technology since 2006, highlighting the challenges and innovations in the industry.
- AWS announced a new initiative, AWS for Advertising and Marketing, offering purpose-built services, solutions, and partner offerings to help customers innovate faster, operate more efficiently, and collaborate at scale.
- Key AWS services that have driven innovation in AdTech and MarTech include Amazon EC2, S3, EC2 Spot Instances, Elastic MapReduce, Redshift, DynamoDB, Lambda, Recognition, and SageMaker.
- Customer examples were provided, showcasing how companies like Quantcast, GumGum, Axiom, Salesforce, Triplelift, and Freewheel have leveraged AWS services to achieve significant savings and performance improvements.
- AWS introduced AWS Global Accelerator and Graviton-based compute instances to address the need for ultra-low latency and sustainability in programmatic advertising.
- AWS Cleanrooms was announced, a new service enabling secure, scalable, and easy data collaboration without sharing underlying raw datasets.
- Speakers from Analect, Amazon Advertising, and Fox shared their experiences and future plans with AWS technologies, emphasizing the impact on their businesses and the industry.
Insights
- The advertising and marketing industry has undergone significant changes due to the rise of digital media, programmatic auctions, and the need for data privacy and security.
- AWS has been at the forefront of providing scalable, efficient, and cost-effective solutions to meet the technical challenges faced by AdTech and MarTech companies.
- The use of AWS services has enabled companies to process and analyze large volumes of data, optimize compute resources, and innovate in machine learning and contextual advertising.
- AWS Cleanrooms represents a significant advancement in data collaboration, allowing companies to generate insights and collaborate on campaigns while maintaining data privacy and security.
- The presentations from Analect, Amazon Advertising, and Fox demonstrate real-world applications of AWS technologies and the potential for future innovations in audience insights, activation, measurement, and identity management within the advertising and marketing industry.