Home AdExchanger Talks Podcast: Adform Follows Function

Podcast: Adform Follows Function

SHARE:

AdExchanger Talks is a podcast focused on data-driven marketing. Subscribe here.

Adform is a proud member of the tiny club of huge independent ad platforms.

With 900 people working in 26 countries, the Denmark-based company takes an engineering-driven approach to data-driven ad buying. Profitable since the early days, its top-line revenue has doubled year on year for each of the last 16 years.

Close to half of its employees have engineering roles, nearly matching the code-writing horsepower of AppNexus before it was acquired by AT&T’s Xandr.

“That’s why we’ve been able to compete with the Googles and Adobes of the world,” Julian Baring, Adform’s general manager of North America, says in this week’s episode of AdExchanger Talks. “We’re a very mature platform with significant commitment toward tech.”

Yet if you’re based in the United States, it’s entirely possible you’re only dimly aware of Adform.

“We’re not well known in the US market,” Baring says. “Where there has been available budget we always invested it in technology … The founders have had the challenge of bootstrapping the business but the luxury of not having to jump through certain hoops in terms of the expectations of investors.”

A seasoned ad tech and startup guy, Baring also shares his observations of the industry at large and Brexit. (He has dual UK-US citizenship.)

On agencies: “Agencies are amorphous organizations. They have to evolve. They’ve evolved at every stage of the evolution of media – cable to digital to programmatic to new channels now. My view is that the agency will always play a meaningful role in the execution … We’re very focused on how we make the agencies win as well as how we make the clients win.”

Consolidation: “We see consolidation obviously … and that shrinks the number of competitors, but we’ve always viewed our competitors to be the scaled walled gardens that we perhaps can provide an alternative to. Independence is critically important.”

Subscribe

AdExchanger Daily

Get our editors’ roundup delivered to your inbox every weekday.

Data and privacy: “Consumers being more concerned about privacy, I think that’s a good thing … Where we as an industry have been going a little bit long is trying to get all the information.”

Brexit: “Brexit is just a sign of our times, where it seems that uncertainty is the rule of the day. I’m a firm Remainer, and I’m an optimist in my worldview as well. Politicians are trying to work their way out of a very dark corner that they’ve painted themselves into.”

Must Read

Wall Street Wants To Know What The Programmatic Drama Is About

Competitive tensions and ad tech drama have flared all year. And this drama has rippled out into the investor circle, as evident from a slew of recent ad tech company earnings reports.

Comic: Always Be Paddling

Omnicom Allegedly Pivoted A Chunk Of Its Q3 Spend From The Trade Desk To Amazon

Two sources at ad tech platforms that observe programmatic bidding patterns said they’ve seen Omnicom agencies shifting spend from The Trade Desk to Amazon DSP in Q3. The Trade Desk denies any such shift.

influencer creator shouting in megaphone

Agentio Announces $40M In Series B Funding To Connect Brands With Relevant Creators

With its latest funding, Agentio plans to expand its team and to establish creator marketing as part of every advertiser’s media plan.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Google Rolls Out Chatbot Agents For Marketers

Google on Wednesday announced the full availability of its new agentic AI tools, called Ads Advisor and Analytics Advisor.

Amazon Ads Is All In On Simplicity

“We just constantly hear how complex it is right now,” Kelly MacLean, Amazon Ads VP of engineering, science and product, tells AdExchanger. “So that’s really where we we’ve anchored a lot on hearing their feedback, [and] figuring out how we can drive even more simplicity.”

Betrayal, business, deal, greeting, competition concept. Lie deception and corporate dishonesty illustration. Businessmen leaders entrepreneurs making agreement holding concealing knives behind backs.

How PubMatic Countered A Big DSP’s Spending Dip In Q3 (And Our Theory On Who It Was)

In July, PubMatic saw a temporary drop in ad spend from a “large” unnamed DSP partner, which contributed to Q3 revenue of $68 million, a 5% YOY decline.