ATLANTA, Jan. 31, 2012 – Digital Signage Expo® (DSE), the world’s largest International Tradeshow and Conference dedicated exclusively to digital signage, interactive technology and digital out-of-home networks (DOOH), has just introduced a new digital engagement platform designed to showcase the ground-breaking innovation, new ideas and envelope-pushing applications that will be featured at DSE in Las Vegas March 6-9th.
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Show Off Your Assets: MediaPost Digital Out-of-Home Awards
On April 11th, MediaPost will host the fourth annual Digital Out-of-Home Awards in New York City to celebrate the year’s most innovative and effective advertisements in the realm of digital out-of-home media. Awards are now open for entries: enter your work
The 16 categories for this year’s awards will cover everything from the best digital out-of-home brand campaigns, to the most innovative use of technology and delivery formats, to the best use of location, and the best integrations with other forms of media. Get all the info at the event site.
We’d like to encourage all of the brands and DOOH vendors in the DOmedia Marketplace to enter MediaPost’s Digital Out-of-Home Awards and show off your success! We’d be happy to help you in your application process. Contact us at marketing@domedia.com.
What People Were Saying: #DSInvestor Conference Twitter Roundup
There was quite a buzz around the Strategy Institute’s Digital Signage Investor Conference 2011 held in New York on October 17 and 18th. Taking a look at some Twitter metrics, it’s clear the chatter was centered around 110:30am Monday: Network’s Operations Panel & CEO Panel; and 9:50am Tuesday: Keynote Address & Investor Panel.
Have You Seen the Agenda for DPAA’s Digital Media Summit?
If you haven’t seen the agenda yet, check it out here; it really is going to be a great day focused on digital place-based media’s ability to reach consumers at the right time, in the right place with relevant content. The agenda has a number of topical panels with senior level speakers and some truly provocative thought leaders.
Triple-digit Growth – Can the Digital Signage Industry Handle it?
Article By Lyle Bunn
Recent analyst reports forecast ongoing double digital growth for the Dynamic Signage industry in terms of display shipments, advertising and overall industry revenues. DisplaySearch, iSupply, PQ Media, ABI Research, Northern Sky Research, Frost & Sullivan and others all point to growth in the 20% CAGR territory for most areas of the industry.
At the 6th annual Strategy Institute Digital Signage Investors Conference in New York on October 17-18, 2011 – with its annual focus on the investment status and outlook for the industry – there will surely be a more intense and thoughtful discussion than previous years. Most presenters (and delegates) are industry veterans with others bringing fresh perspectives at industry touch points.
Digital place-based media has achieved a critical mass of installed base of networks, established its infrastructure of associations, events, awards and education, developed supply chains and refined its technologies and business processes. It has also proven itself as an influential media that can simultaneously merchandise, brand and improve a location experience. The investment drivers for advertising-based, corporate and hybrid networks have been continuously refined during industry maturity, and these too will be a key part of the event information take-ways.
While serving as Chair of the Digital Screenmedia Association, Stuart Armstrong, President North America of ComQi would note that “every part of the industry needed to have enough sail up to catch its share of coming winds”. As all elements of the industry appear ready to enjoy triple digit growth (some companies already are), many will continue to be satisfied with 2-digit numbers, but this too will call on astute management.
During the 2-day event, new industry opportunities will be outlined and best practices in business acceleration will be profiled. Furthermore, a consensus to the answers to two of this industry’s primary questions may finally emerge: a) Is the current level of projected growth sustainable and suitable to supply and b) How should managed acceleration be achieved?
A survey by DigitalSignageToday that compares the views of 1200 respondents in 2011 to their 2009 views reflects that:
- Expenditure increases are planned. In 2009, 79% said they planned to spend up to $100K compared with 84% in 2011. 16% of survey respondents in 2011 said they would spend more than $1 million, versus just 6% in 2009.
- 73% expect budget increases over the next year versus the 53% who expected it in 2009.
- 57% of displays are now networked versus just 35% in 2009.
- In 2009, 60% of displays had no third party advertising. In 2011, only 37% have no third party advertising.
- 24% of 2009 survey respondents expected to deploy new or additional screens in the 0-3 month period, whereas 49% of 2011 respondents expect to deploy or add displays.
- Respondents expecting to use Digital Signage primarily for internal communications doubled in the period 2009 to 2011.
Improvements in the design, deployment and operations of networks are ongoing. As the applications grow, and supply of products and services expand – commoditizing and cannibalizing itself – the Return on Investment proposition becomes more important and put under greater scrutiny.
In my session titled “Investing Wisely in DOOH”, I will outline some opportunities, prospects, predictions, and red flags while noting several key industry activity indicators, how and where money is being made in this industry, what mistakes are being repeated and who will have highly successful outcomes.
I look forward to seeing you at the 6th annual Strategy Institute Digital Signage Investors Conference in New York, October 17-18, 2011.
Lyle Bunn is an independent consultant and educator in North America’s dynamic signage industry who regularly assists end users and investors in their planning and optimization. He has published over 200 articles and whitepapers and regularly presents at industry events. See www.LyleBunn.com or email Lyle at LyleBunn.com
About the Digital Signage Investor
The Digital Signage Investor Conference is the only event bringing together investors, networks, hardware and software companies and M&A specialists. Majority of attendees are Founders, Presidents, Chief Executive Officers, Partners, Principals or Managing Directors. The summit sheds light on what it takes to grow investment in the DOOH industry. Case studies illustrate success & the speed-networking session facilitates lasting relationships, which have often proved to be the basis upon which deals – both big and small – have been struck in the industry.
