our look at the year ahead
There has been an undeniable shift in the market with TV everywhere
becoming the leader of the pack – never before has it been so important
to deliver content across platforms and screens efficiently and effectively.
The explosion of connected devices means viewers are demanding their
favourite content whenever, wherever and however they choose - all at
the touch of a button. And although broadcasters and content owners
are responding to this change and delivering the much sought after TV
everywhere experience, they are facing the commercial challenges of
enhancing the viewer experience whilst embracing new routes to market.
At PayWizard we believe that in order to truly monetize the multiplatform world, it is important to combine an intelligent subscriber management technology with rich marketing functionalities and a powerful finance system. And that is why our enterprise class software platform does exactly that. Our award-winning technology enables us to deliver a highly interoperable end-to-end solution that will enhance the viewer experience across all screens.
After a very busy and successful 2013, which saw the launch of our dedicated subscriber and payment solution, PayWizard has continued to welcome new clients including BT Sport, Discovery Networks and NBCUniversal. 2014 is set to be an exciting year for us all and we look forward to what it may bring to the market. I’m sure that this year will see some of these great new trends come to light, and see existing technologies grow from strength to strength.
Jonathan Guthrie
Chief Executive
Our SMS processed over
500,000
DSAT enablements in one month
2013
supporting our clients’
tv everywhere
strategies
over
401m
viewing requests
this year
ITV has increased distribution online in the UK and on other IP
platforms such as YouView.
SVOD & Subscription
Android and Online
7
platforms
and
devices
pan european
7
countries across
the globe
1. Subscriber Management
The rise of content everywheremeans subscriber management isn’t as straight forward as it used to be. Responding to consumer demand, and making content available on different platforms and screens makes managing multiple payments problematic. So we believe that a new type of Subscriber Management System (SMS) is required in 2014 - SMS 2.0. If broadcasters and service providers want to meet the needs of
a new type of viewer and build long lasting relationships, then they need to adopt a SMS 2.0 approach to truly exploit the content everywhere experience. By combining payment processing, intelligent subscriber management technology with rich marketing functionalities and customer service operations, SMS 2.0 can create a compelling personalised consumer experience, increase customer satisfaction and life time value.
considerations
for your 2014
roadmap
Over the past 12 months we’ve seen plenty of change in the broadcast industry - some technologies have come and gone (3D who?), whilst others have certainly prospered (all hail the second screen). We have seen the rise of 4K and Ultra HD, big data making a stand, and many have been trying to see through the Cloud. Content everywhere has certainly been the leader of the pack - never before has it been so important to deliver content across platforms and screens efficiently and effectively. And the opportunities it presents will certainly be impacting the market next year. So as we step into 2014, we anticipate that it will be just as dynamic a year. And here is why…
2. TV Everywhere Integration
TV everywhere also means TVrevenue models are no longer restricted to a subscription service in the home. Broadcasters and media organisations face the challenge of data consolidation and managing viewer entitlement and authentication across devices and platforms, whilst maximising operational efficiency and enabling a consistent user experience on all screens. Brands and broadcasters need to be able to authenticate and perform entitlement checks and deal with messaging traffic across a number of screens and territories effectively and efficiently. In order to do this, companies should
4. Actionable Data
The key to any successfulmonetization strategy lies with actionable data. Actionable data determines what is really relevant to the viewer, giving companies a more intimate picture of customer behaviour and preferences. Broadcasters and service providers can use actionable data to drive direct and meaningful relationships with consumers, using personalisation and targeted marketing campaigns to improve audience retention and profitability.
74%
of consumers get frustrated
when
offers
have nothing to
do with their interests
3. Blended monetization
One of the opportunities thatTV everywhere has presented is monetization. But companies need to diversify their offerings; both advertising and pay funded, and create new routes to market in order to embrace a device, platform, multi-territory monetization strategy in 2014. Blending monetization and
maximising transaction success across major global payment schemes and worldwide currencies will allow broadcasters to improve monetization opportunities and in turn, improve customer experiences and loyalty.
We believe that over the next 12
months these four factors are going
to play a vital role in creating a holistic
TV everywhere experience. Providing
personalised content and creating
a compelling user experience is
becoming increasingly important to
brands and broadcasters and SMS
2.0, TV everywhere integration,
blended monetization and actionable
data can make this dream a reality.
The ability to build a profile of an
audience and their preferences is a
great advantage - not only does it allow
companies to get their propositions
right, but it can also drive revenues and
profitability. So if any media business
wants to make their mark on 2014 and
deliver a compelling TV
everywhere experience,
then PayWizard strongly
recommends getting to
grips with these four
winning factors.
Jamie Mackinlay
Commercial Director
520m
Racing UK selected PayWizard’s Subscriber Management
System (SMS) to support its TV Everywhere strategy ‘Racing
UK Anywhere’. PayWizard consolidated Racing UK’s disparate
CRM systems to provide a single view of its customers across
connected devices and platforms – maximising operational
efficiency and enabling a consistent user experience on all
screens.
Racing UK Anywhere enables customers, in the UK and Ireland to enjoy top-class racing from 33 of the UK’s top tracks on Sky TV, Freeview, Desktop, iPhone, iPad, Android and Mobile Web. Racing UK will broadcast 733 races in 2014 and are using the PayWizards flexible payment options and customer support services.
We have launched on multiple platforms
and screens. But we found that having
different systems for multiple devices and
multiple relationships meant that gathering
payments became problematic, and we
therefore required a ‘one account’ approach.
Upgrading with PayWizard was seamless and
provides exactly what we need to enable a
smooth and consistent consumer experience
across all screens.
Clive Cottrell
Marketing Director Racing UK
our clients are
leading the way
PayWizard’s award winning enterprise class software was
chosen by BT as middleware to enabling the brand new BT
Sport channels on BSkyB’s DSAT platform. We integrated
BT’s SMS with Sky’s conditional access (CA) to allow Sky
customers, around the UK and Northern Ireland, to buy and
watch BT Sport through their existing set-top box.
BT Sport has over 2 million customers subscribed to its channels and customers can enjoy high profile sporting fixtures throughout 2014 including Barclays Premier League matches, Aviva Premiership rugby and live woman’s tennis.
Extending audience reach without
compromising content security is one of
the biggest challenges facing premium
content broadcasters today. We have
chosen PayWizard to help us overcome this
challenge. Its robust platform and extensive
experience in the media industry make it an
ideal partner for such an important part of BT
Sport.
Marc Watson
CEO BT TV
what do our experts think about SMS?
PayWizard are proud of our people and with over 16 years experience in the media sector,
we have learned a few things along the way.
Implementing your subscription and
billing platform should take a matter
of weeks or months, and it should
be cost effective- it should not
impact on IT, finance or operation
resource too heavily. It is therefore
important to check your vendor’s
levels of productisation, solution
specific functionality and configuration
capability to ensure a quick time to
market.
Revenue generation within the
broadcast and media sector is
constantly evolving. The industry is
being driven by changes in products,
services, devices and platforms, so it is
important to have a SMS that is flexible
to changes in direction. This will ensure
that your SMS can quickly respond to
expanding or emerging markets.
Ultimately, you need an SMS that
can perform. It is crucial that you
seek a highly operationally focused
vendor who has invested heavily in
the development of a robust, scalable
and continuously monitored platform
to ensure it can manage and support
your business.
Craig Baxendale
Director of Product Development
Gordon Tainton
Chief Operating Officer
Debbie Leishman