Country for PR: United States
Contributor: PR Newswire New York
Thursday, October 07 2021 - 22:00
AsiaNet
Hivestack Launches Header Bidder for DOOH Publishers
Montreal, Canada, Oct. 7, 2021 /PRNewswire-AsiaNet/ --

  -- Global digital out of home ad tech leader introduces multiple SSP/Ad 
     Exchange support to its flagship Ad Server 

Hivestack ( 
https://c212.net/c/link/?t=0&l=en&o=3315722-1&h=3592437214&u=https%3A%2F%2Fhivestack.com%2F&a=Hivestack 
), the world's largest, independent, programmatic digital out of home (DOOH) ad 
tech company has opened up its Ad Server to work with multiple SSP/Exchanges 
with the introduction of a new, unified auction framework that optimizes 
publisher yield across various sources.

A recent article ( 
https://c212.net/c/link/?t=0&l=en&o=3315722-1&h=412436265&u=https%3A%2F%2Fwww.adexchanger.com%2Fonline-advertising%2Fgoogle-still-dominates-advertiser-perceptions-ssp-report-but-the-field-has-toughened%2F&a=recent+article 
) illustrated that online Web publishers use an average of six SSP/Exchanges 
for programmatic monetization, with header bidding technology being used to 
optimize yield. 

Andreas Soupliotis, Founder & CEO of Hivestack compared this to DOOH: "What 
happened to display, mobile and video is now happening in our space. DOOH 
publishers are using several DOOH-specific SSP/Exchanges for programmatic 
monetization. Incorporating multiple SSPs creates inventory optimization 
complexity that has to be balanced with the direct sales channel." 

To tame this complexity, some media owners have absorbed the cost of hiring 
engineers to build their own homegrown mediation layer. These mediation layers 
are mostly serial waterfalls that check each SSP for bids in a sequence which 
is suboptimal for revenue. With Hivestack's introduction of a unified auction 
framework into the Hivestack Ad Server, publishers can benefit from a 
first-price, parallelized, unified auction that maximizes revenue without 
having to hire a team of developers.

Soupliotis continued: "The Hivestack Ad Server is being used by DOOH publishers 
around the world to deliver true audience-based campaigns across both direct 
and programmatic sales channels. Until today, the only SSP/Exchange that our Ad 
Server was integrated with was our own - the Hivestack SSP. That changes today, 
with the introduction of an upgrade to our Ad Server that has the ability to 
make ad requests to multiple SSPs/Exchanges, mimicking how header bidding works 
in online ad tech. And to promote fairness, even our own SSP participates 
equally in the unified auction framework".

DOOH publishers will still need individual agreements with each SSP, and the 
Hivestack Ad Server is not in the money flow between publishers and their SSP 
partners.

Jennifer Bidwell, EVP Sales and Marketing of Allvision commented "Optimally 
managing programmatic sales across multiple SSPs has always been a complex 
challenge. While we had initially built our own sequential waterfall layer, we 
welcome Hivestack's introduction of a unified auction - akin to a header 
bidding like solution in digital advertising."

Brendan Dillon, VP of Digital and Programmatic Sales at OUTFRONT Canada also 
commented "Coming from the digital space, I can share that the move to a header 
bidding-like ad server that can optimize across multiple SSPs in parallel is a 
natural evolution to the sell side of programmatic DOOH."

Francois Deschenaux, Director of Revenue Management at Astral shared, "The 
introduction of a unified auction framework into Hivestack's ad server means 
that DOOH publishers can maximize every impression with optimal yield, improve 
programmatic revenue, and better serve programmatic buyers."

Kevin McDonald, CEO of Kinetic Canada finalized "Hivestack's introduction of a 
header bidding-like ad server greatly benefits Kinetic Canada. Our media owner 
partners can now safely make inventory available programmatically to us without 
worrying about inventory optimization. And means that we gain programmatic 
access to premium inventory which is a win-win for both the buy and sell side."

The new version of the Hivestack Ad Server is currently in a private beta with 
Canadian DOOH publishers and will become widely available in November to 
publishers internationally in the US, China, Japan, Singapore, the UK, Germany, 
France, Australia and Mexico.

About Hivestack ( 
https://c212.net/c/link/?t=0&l=en&o=3315722-1&h=3045488558&u=https%3A%2F%2Fhivestack.com%2Fabout-us%2F&a=About+Hivestack 
)

Hivestack is a fully independent, global, full stack, marketing technology 
company that powers the buy and sell side of programmatic digital out of home 
(DOOH) advertising. On the buy side, marketers use Hivestack's Demand Side 
Platform to create measurable campaigns that activate DOOH screens in real time 
based on consumer behaviour and audience movement patterns. On the sell side, 
DOOH media owners use Hivestack's Supply Side Platform & Ad Exchange to attract 
programmatic revenue. DOOH media owners can also use Hivestack's Ad Server to 
power audience-based, directly sold campaigns. Attribution is central to 
Hivestack's platform, offering buyers and sellers the ability to measure 
business outcomes at all stages of the consumer sales funnel.

Hivestack is headquartered in Montreal, Canada, and has global operations in 
Toronto, Tokyo, London, Spain, Germany, France, Italy, New York, Mexico City, 
Shanghai, Singapore, Sydney and Guadalajara.

For more information, please visit https://www.hivestack.com/ or follow us on 
LinkedIn, Twitter and Facebook @hivestack

Source - Hivestack Inc.
Translations

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