Samsung and LG Inclusion Boosts OM SDK Coverage to 40% of CTV Market
NEW YORK, May 30, 2024 /PRNewswire/ -- IAB Tech Lab, the global digital advertising technical standards-setting body, announced today the expansion of its Open Measurement Software Development Kit (OM SDK) to include Samsung and LG. The expansion represents an important step toward achieving standardized and reliable viewability measurement across all digital advertising platforms.
OM SDK, renowned for its widespread adoption across iOS, tvOS, Android, and web video platforms, has extended its reach to address the increasing demand for holistic measurement solutions in CTV. With the addition of support for Samsung and LG platforms, OM SDK now covers a substantial portion of CTVs in households, amounting to a remarkable 40% of the market.
"We're seeing the importance of standardizing campaign measurement and verification across digital ad platforms, especially with CTV's growth," said Anthony Katsur, CEO, IAB Tech Lab. "By expanding OM SDK for CTV to encompass additional platforms, we're ensuring advertisers and agencies access consistent, normalized measurement metrics, ultimately addressing industry demands for improved cross-device and environment measurement, which supports increased ad spend on CTV platforms."
The fragmentation of measurement signals across various platforms has long been a challenge. OM SDK for CTV aims to address this issue by providing a unified framework for measuring CTV-specific viewability signals like TV off, device type, and how long the user has been watching, similar to its successful implementation in mobile apps and web video. Advertisers and buyers, confronted with the escalating complexity of CTV inventory, can leverage the standardized measurement provided by OM SDK signals to ensure transparency and accountability in their campaigns.
"By adopting this standardized approach to measurement, CTV app developers and buyers can collectively enhance the effectiveness and reliability of advertising across all digital channels," said Oracle Advertising's Rachel Creel-McGuire, Vice President, Product Management, Oracle Moat. "Leveraging the same open measurement signals across mobile app, web video, and CTV enables stakeholders to achieve greater consistency and transparency in advertising metrics, driving the industry towards a more accountable and efficient future."
Leading CTV advertising platforms like Freewheel, Direct TV Advertising, and Bedrock Streaming have already integrated OM SDK for Android TV and TV OS, securing IAB Tech Lab certification. For more information about OM SDK for CTV and its integration guidelines, please visit here.
About IAB Technology Laboratory
Established in 2014, the IAB Technology Laboratory (Tech Lab) is a non-profit consortium that engages a member community globally to develop foundational technology and standards that enable growth and trust in the digital media ecosystem. Comprised of digital publishers, ad technology firms, agencies, marketers, and other member companies, IAB Tech Lab focuses on solutions for brand safety and ad fraud; identity, data, and consumer privacy; ad experiences and measurement; and programmatic effectiveness. Its work includes the OpenRTB real-time bidding protocol, ads.txt anti-fraud specification, Open Measurement SDK for viewability and verification, VAST video specification, and Project Rearc initiative for privacy-centric addressability. Board members/companies are listed at https://iabtechlab.com/about-the-iab-tech-lab/tech-lab-leadership/. For more information, please visit https://iabtechlab.com.
SOURCE IAB Tech Lab
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