Saturday, 27 January 2018

POTT - The Innovative Solution and New Buzzword in Tech Speak



POTT is the latest cutting-edge solution and buzz word set to rock the entertainment tech world. But what does this cool acronym actually stand for? The answer is “over the top platform.” It was coined by leading strategist, Christophe Hochart, the CEO and founder of OONA – the YouTube of TV, to help industry insiders and consumers make a clear differentiation between POTT's winning solutions and massive benefits, and: “streaming services [which] are now tasked with solving emerging challenges and standing out in a crowded industry” [1].

The Clear and Present Issues with Streaming

“Despite viewers’ preference for streaming video on demand... there are still major pain points that plague the viewer experience” [1]. According to research from The State of Streaming 2017 Report, conducted by IBM: “Despite enhancements in the video streaming space, technical difficulties still plague consumers when they turn on their streaming services” [1]. Delayed video start-up (which is waiting for the initial loading over a substantial amount of time), or buffering (a lag which break up streaming in real time), is effecting the viewing pleasure of 81% of users. Further, close to a staggering 50% of polled users: “would give up on the video they’re trying to stream due to these problems. What’s more, nearly 20% of consumers also experience poor video quality or problems with audio syncing” [1].

Different geographic regions come into play here, and: “are part of a universal experience of frustration. Globally, consumers also want more from their mobile video streaming experience....” [2]. At the end of the day: “viewers make purchasing decisions based on the quality of their experience,” and this is where OONA's POTT has a powerful advantage: “globally, 50% of consumers say they select video from OTT internet providers because of convenience and ease-of-use, while 44% cite the ability to watch whenever and wherever they want” [2].

So What is the Angle of OONA's POTT?

Firstly, it does not compete with an OTT service such as Netflix, or any other channel which is going OTT. Nor does it vie with a broadcaster such as FOX, which has its own unique app, such as Fox+, for instance. In fact, POTT can be regarded as a platform which is similar to what Expedia is to a hotel. The beauty of this system is that while companies which are going OTT are faced with a barrage of challenges: technical issues, high costs, lack of internal expertise, inadequate marketing, insufficient resources, an so on, POTT is a solution that centralises viewers, thereby providing a bigger audience and reach for channels and the OTT company. With OONA's POTT, the channels' FTA or pay TV can go to market at minimal cost, thereby saving them millions of $s. Moreover, the channels and content providers are able to monetise from advertising right from the get-go.

Stand Alone OTTs are Struggling and Falling, but There is a Better Solution

OONA's global POTT started 2018 with a bang, as it is now in the first phase of delivering free and premium option mobile TV to 185 million mobile-connected Indonesians in conjunction with one of the world's largest telcom companies, Telkom Indonesia. OONA is also on course with its goal to deliver its free POTT model to billions of people in Africa, South America, the Middle East, Europe, the US, and other parts of Asia.

The OONA Advantage

By bringing some sunshine to families and singletons via free data, no commitment mobile TV, OONA is facilitating a new type of user experience. This empowers everyone so they can enjoy fantastic films, shows, series and live sports, along with breaking news, and content from their local region, where ever they are, 24/7, 365 days a year.

OONA's ethos is that “fun should be part of everyone's daily lives”, and through its regulated platform, the OONA Team are inspired to make people feel good by lifting their emotions and happiness levels via the platform's free streaming service. In addition, users can say goodbye to pirate channels (the piracy content market comprises the highest level of consumers in the mobile TV market due to the fact that it does not involve any form of payment or subscription (a 99% prepaid market).

Further, users no longer have to waste away their time browsing, searching and switching, because now, OONA empowers them with all the television they could ever desire, all in one place. And viewers can even earn tcoins (a virtual currency) for watching TV and engaging with other users. These can then be redeemed for branded goods and services, meals, fun days out, discounts, and telcom products.

OONA's POTT offers a win-win situation to all parties. It delivers fantastic high level entertainment to viewers, and at the same time, generates a ready to launch business synergy between TELCOM companies and content owners and broadcasters, enabling leading TELCOM companies to leverage their user base and network infrastructure to significantly expand their Mobile TV business. Now, TELCOMS can generate multi-revenues by offering the best ad supported OTTP YouTube replication.

OONA's world first unique and personalised form of advertising is delivered via a friendly AI bot. This genie in the OONA app, who appears in person when the service is initiated, has regular conversations with users to know what types of films, sports, shows and other programs they would like to see, and what sort of consumer products and services he or she desires. She then offers them excellent promotions and savings on the latter.

This smart advertising strategy enables channels and content holders to reach the mass market at zero cost. It equips them with a strong business model, enabling them to monetise their business via several different methods including programmatic advertising powered by SpotX, the trusted platform for broadcasters. Moreover, they can enjoy 100% control, customization and data transparency, without threatening their existing model.

References

IBM (2017). “The State of Streaming 2017 Report.”
Accessed 25 Jan. 2018.

2. IBM Media and Entertainment industry solutions (2017). Becoming a “Living” Media Partner for Your Consumers. https://www-935.ibm.com/services/us/gbs/thoughtleadership/cogmediaent/ Accessed 25 Jan. 2018.



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