The advent of 5G is a big reason OpenX has decided to move to Google Cloud Platform, says OpenX CEO Timothy Cadogan. “When consumers start to move to 5G on their phones and have a very rapid experience, the advertising experience needs to be incredibly compelling,” says Cadogan. “We wanted to make sure that we could run on infrastructure there. That’s why we wanted to move to the public cloud.”
“Marketing has evolved significantly over recent years, and the old way of operating is no longer sustainable,” said Cadogan. “As we look at the programmatic market today, we see a sector that has experienced massive growth and adoption, but at the same time has stalled in its ability to deliver real innovation for marketers and publishers. We believe it is time to take a completely fresh look at the market and place a major bet on building the infrastructure necessary to drive the next wave of innovation.”
The company says that prior to 2019, almost one-quarter of the OpenX tech workforce was dedicated to maintaining legacy infrastructure. They say that the transition to Google Cloud Platform will free resources to focus on new growth areas for the company, such as people-based marketing, video, and CTV.
“Both OpenX and Google Cloud are dedicated to helping customers achieve their goals with cutting-edge technology,” says Chris Klayko, Managing Director, Americas, Google Cloud. “This collaboration will allow for continued innovation leveraging both OpenX’s Exchange Platform and Google Cloud’s commitment to performance, collaboration, and big data optimization at scale.”
Timothy Cadogan, CEO of OpenX, discussed why OpenX is moving its platform to Google Cloud Platform on Bloomberg Technology:
We Process Over a Trillion Transactions a Day
We run one of the largest advertising exchanges which means we process over a trillion transactions a day. The volume that we’re working with is huge. As we started to think about all of the new innovation we want to bring to the market over the next couple of years we realized that’s going to require even more computing power. We also need that computing power to be extremely efficient.
We started to map out a path to move to the public cloud, which is Google Cloud Platform (GCP) or Amazon (AWS). We really wanted to focus on a system that would give us an incredible amount of scale and enable us to innovate at a rate that would really make a difference in the industry. We didn’t want to have to continue to work on a lot of the maintenance of our own infrastructure that we had to do with our own servers.
5G Requires Rapid Compelling Advertising Experience
An example of the importance of this is moving to 5G. When consumers start to move to 5G on their phones and have a very rapid experience, the advertising experience needs to be incredibly compelling. We wanted to make sure that we could run on infrastructure there. That’s why we wanted to move to the public cloud.
With Google, what you have is really the largest advertising infrastructure in the world and they do a lot of the foundational work that we can build on top of.