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{"id":52577,"date":"2018-05-28T21:31:12","date_gmt":"2018-05-29T01:31:12","guid":{"rendered":"https:\/\/www.beet.tv\/?p=52577"},"modified":"2018-05-28T21:31:12","modified_gmt":"2018-05-29T01:31:12","slug":"ad-tech-is-complex-over-engineered-wavemakers-korenfeld","status":"publish","type":"post","link":"https:\/\/dev.beet.tv\/2018\/05\/ad-tech-is-complex-over-engineered-wavemakers-korenfeld.html","title":{"rendered":"Ad-Tech Is Complex & Over-Engineered: Wavemaker’s Korenfeld"},"content":{"rendered":"

There are “point solutions<\/a>” – and then there are “what’s the point?” solutions?<\/p>\n

In ad-tech, many software vendors are risking ending up in the last category, as a dizzying array of function-specific tools risks confusing buyers.<\/p>\n

That is according to one agency boss communicating how technological complexity is actually working against buyers and their vendors.<\/p>\n

Oleg Korenfeld, chief platforms officer at Wavemaker, was speaking in this video interview with Beet.TV.<\/p>\n

“Often enough this technology actually is serving the opposite of what it was supposed to be,” he says.<\/p>\n

“Where it’s supposed to deliver in this kind of efficient way to activate the audience to cut media waste, we’re getting this fragmentation and fragmentation is doing the complete opposite of that.”<\/p>\n

Korenfeld’s Wavemaker was formed from the merger of Group M\u2019s MEC and Maxus.<\/p>\n

In 2018, the ad industry is looking back on at least 10 years of explosive growth, during which new tools and data sets aligned to give marketers unprecedented new targeting capabilities.<\/p>\n

But, in that explosion, the industry is now wrestling with complexity. The VC rush to ad-tech propelled a thousand flowers to bloom. Now buyers are grappling with which way to turn.<\/p>\n

\n

The display LUMAscape explained by @AdOpsInsider<\/a> http:\/\/t.co\/MtEzCcOmCV<\/a> #digitalmarketing<\/a> #adtech<\/a> pic.twitter.com\/3aoAOERKZS<\/a><\/p>\n

— Remi Boudard (@rboudard) June 19, 2015<\/a><\/p><\/blockquote>\n