Enlightening Results for Lenovo™ as an Early Adoptee of Samba TV’s Generative AI to Gain Insights from its Formula 1® Sponsorship
SAN FRANCISCO, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Samba TV, the leading provider of TV technology for audience data and omniscreen measurement, today unveiled a new capability from its game-changing artificial intelligence (AI) portfolio to enable brands to accurately and quickly measure the impact of exposure across linear and streaming sports, scripted and reality programs, video games, and more. Powered by Samba AI®, a suite of generative AI and machine learning (ML) technologies available worldwide, Lenovo is among the first brands to leverage this solution to understand its return on sponsorship investments with significant visibility.
Samba AI® will automatically and instantly recognize when a company’s logo appears on screen – for sports programs, that could be on the track, field, jersey, or car – or when a brand is mentioned during a program, offering comprehensive viewership analysis that spans both traditional media and streaming TV. The product also analyzes the surrounding sentiment of brands, providing companies with a detailed understanding of their portrayal throughout the programming. The AI solution provides rapid analysis delivered to brands in-flight. It’s also interoperable within Samba TV’s outcome-based measurement suite, enabling brands to quickly activate targeting shifts based on the analysis.
“Samba TV has been investing in R&D for generative AI and machine language (ML)-based analysis of video for more than a decade,” said Samba TV Co-founder and CEO Ashwin Navin. “We’re now taking our years of AI innovation a step further by working with some of the world’s most recognizable brands like Lenovo to transform the way media investments are evaluated. We are using our powerful first-party data to train best-in-class AI models to inform the most important decisions made by advertisers.”
As an early adoptee of this new AI solution, Lenovo has already been able to collect useful insights on its Title Race at Circuit of the Americas (COTA) in Austin. On October 22, there were a total of 4,471 instances of the Lenovo brand throughout the race. This frequency translated to strong exposure of the brand for the average viewers and was, in fact, higher than any other brand being advertised at the race. Lenovo sponsorship proved particularly successful as it generated 34% more exposure frequency than a comparable race[1] and its title sponsor.
“Measuring data and tracking analytics have always been critical in modern marketing to better gauge and understand the value of comprehensive brand appearances, including sponsorships and ad spend,” said Lenovo Global Media Center of Excellence Executive Director, Rick Corteville. “Working with Samba TV has been a step forward in taking our data and better retargeting key audiences to build frequency and drive awareness of Lenovo’s brand and tech innovations. Thanks to Samba TV’s insights, we have been able to more accurately measure the value of our F1 partnership across North America. We are looking forward to further testing this solution and linking it to our brand lift and demand generation KPIs.”
Samba AI® goes beyond traditional monitoring and offers recommendations, tactics, and strategic insights into competitor’s activities and audience overlaps between events. These insights can then provide brands with massive opportunities to create incremental reach, eliminate waste, and create a competitive edge, allowing them to adapt their strategies based on the comprehensive market dynamics captured by the solution and help drive expanded monetization capabilities. Additionally, brands can leverage Samba TV’s comprehensive first-party viewership data to create new audience segments for targeted advertising. This feature helps brands to amplify their reach by connecting with the right audience, at the right time, in the right context.
CES Demo Event
Samba TV will be hosting demonstrations of this product January 9-12, 2024 for partners and clients to experience this new technology in action. If you are interested in attending the demo, please reach out to us here: https://sam.ba/ces.
About Samba TV
Samba TV has transformed the TV from a pane of glass on the wall to a window into the heart of audiences. We are the global leader in television technology powering real-time insights and audience targeting to enable unparalleled marketing efficiency and effectiveness. Our proprietary first-party data from tens of millions of opted-in televisions, across more than 20 TV brands sold in over 100 countries, provides advertisers and media companies a unified view of the entire consumer journey. Our independent currency-grade measurement has future-proofed advertising for the next generation, empowering advertisers to connect with their audiences on any platform, across every screen.
Samba TV Media Contact:
Katie North-Fisher
press@samba.tv
LENOVO is a trademark of Lenovo.
[1] FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX 2023
