How this Adtech Firm uses AI to Ensure Audience sees Relevant In-video Ads The digital tool can identify brand logos, faces, emotions and objects, but what about consumer's privacy?

By Pooja Singh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

Shutterstock.com

How many times have you closed a video on your phone or laptop because of pesky, irrelevant advertisements? SilverPush wants to change that.

The India-based adtech firm, which serves clients across the world, has launched Mirrors, an artificial intelligence (AI)-powered technology that delivers more relevant in-video ads by way of analysing what appears in the content. It uses context detection technology to analyse logos, faces, emotions or objects and then delivers an in-video ad that is connected to the content.

Inserting context

"The collective problem of users seeing irrelevant ads prompted us to make these ads meaningful and targeted for both advertisers and audience. To solve the random placement of ads, our mission was to come up with innovations that not only put "context' back in content marketing but also simultaneously respect consumer's privacy and data concerns," says Kartik Mehta, the chief revenue officer of SilverPush. He adds that Mirrors is a first of its kind in-video advertising tool that blends advertisement with the user's most interested visual and emotional elements in the video, "to not just advertise brands but help them to be a part of a story well told."

To illustrate the use of technology, Mehta explains, "When a player scores a goal during a soccer game, our technology detects his face and the brands endorsed by him can be showed in the in-video ads to the user watching the match. Now imagine content showing an interesting model of shoes, Mirrors identifies the brand logo and helps in the positioning of an actionable ad which could facilitate its purchase."

The APAC effect

India is currently the second largest market for Netflix after the US, and along with India, across the whole Asia-Pacific region, content streaming has seen a rapid growth of platforms and providers. Cheap data, high quality content and audience with plenty of idle time means a huge uptake in online video views which is to say that people are shifting from long-form TV content to digital. It is obvious that brands will shift to online video sooner or later.

Multiple reports have highlighted the stupendous growth in over-the-top (OTT) subscriptions, and heavy video consumption rates are one of the highest in the world, with an estimated 64 per cent of connected consumers in Asia Pacific watching online video content daily. Asia-Pacific is home to one of the most competitive subscription over-the-top video markets in the world. The region has the highest growth potential for subscribers and video services are building libraries of content to drive interest. OTT investment into Asia-Pacific will spur the fastest subscriber growth rate worldwide in 2018, rising 35.2 per cent to 331.5 million, informs Mehta.

Now the question arises, how does a brand invest in online video by making a relevant consumer experience by getting the most out of their spend. "As brands are expected to follow the user's most preferred mode of media consumption for advertisement, Mirrors will play a crucial role in aligning brand's communication towards a non-intrusive and future proof mode of engagement with customers," he says.

Key Issues with Contextual Advertising

Similar to how Google works, SilverPush relies on context to share data. "We do not necessarily know if user wanted to see the ad or not. However, this approach is still better than serving blind ads. Example, we serve anti-skid tyre ads if we see an automobile in rain. However, we do not actually know if the user is interested in automobile or not," he says.

But what about privacy? "This is public data being utilized at a generic level, hence this is completely privacy complaint," he plugs.

Pooja Singh

Former Features Editor, Entrepreneur Asia Pacific

 

A stickler for details, Pooja Singh likes telling people stories. She has previously worked with Mint-Hindustan Times, Down To Earth and Asian News International-Reuters. 

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Starting a Business

Market Research: What It Is and How to Conduct It

To boost your competitive advantage, you may want to do market research. Entrepreneur is here with a guide on market research and how to conduct it.

Money & Finance

Do You Have the Right Insurance for Your Business? Here's How to Understand Your Options

Having the right insurance for your business can mean the difference between growth and success or closing your doors. With an ever-changing market and risk environment, it's a good time to ask if traditional insurance fits your business, or if it's time to consider alternative solutions.

Thought Leaders

How to Master Bookkeeping for Your Business Without an Accounting Degree

If you loathe bookkeeping, you're not alone. Many business owners dread this very necessary task, and it can be hard to learn if you're unfamiliar with accounting -- so here's your guide.

Growth Strategies

3 Ways To Embrace Resilience And Achieve Success

From hardships extending from loss and grief, Blair Kaplan has built a life of success by focusing on her own resiliency, taking herself further in life

Business News

How to Write a Business Plan

Learn the essential elements of writing a business plan, including advice and resources for how to write and conduct each section of your business plan.