WorldWide Tech & Science. Francisco De Jes�s.
Telefonica Digital inked a deal with augmented reality platform company Aurasma, to integrate the technology into the digital media services the operator group offers brands and advertisers.
In a statement, Telefonica said the agreement, driven by its global advertising team, represents �the biggest deal between a global telecoms company and an augmented reality provider to date�.
The partnership will see brands able to use augmented reality in marketing campaigns, and the technology will be supported alongside other offerings such as location-based marketing and mobile coupons, to offer �new levels of interactivity and customer engagement�.
Telefonica will also look to increase the distribution of Aurasma�s app through its mobile customer base, and will use augmented reality in its own marketing campaigns.
Initial availability will be through Telefonica�s O2 UK arm, before being made available in other markets �in due course�.
Since its launch in June 2011, Aurasma has attracted �over 8,000� commercial partners to its platform, with more than four million downloads of its app.
Press Release:
Telef�nica and Aurasma join forces to drive market for augmented reality.
- Telef�nica Digital to integrate Aurasma�s Augmented Reality platform into its media services and distribute to mobile customer base.
- Biggest deal ever in the Augmented Reality space, with scope to reach 25 markets and 300m customers.
17 September 2012� Telef�nica Digital today announces a global partnership with Aurasma, the world�s leading augmented reality platform. Under the terms of the deal, Telef�nica will integrate Aurasma�s cutting-edge technology into the range of media services Telef�nica offers brands and advertisers. The agreement, made by Telef�nica Digital's global advertising team, represents the biggest deal between a global telecoms company and an augmented reality provider to date and will see Telef�nica drive distribution of Aurasma's technology across its footprint, starting initially with the UK through O2.
Augmented reality (also known as AR) is already bringing traditional media to life, transforming current static forms of advertising into interactive content unlocked by mobiles and tablets. Analysts predict the total AR market will be worth $600 billion by 2016*.
Aurasma's innovative technology recognises images and objects, allowing interactive digital content such as videos, coupons, competitions and 3D animations to be unlocked from virtually any type of media, including outdoor billboards, print adverts, products, physical locations and in-store materials. Since launch in June 2011, the company has already attracted over 8,000 commercial partners to its platform and reached more than four million downloads of its app.
Under the terms of the partnership, Telef�nica will integrate Aurasma into its media offering, enabling brands to benefit from augmented reality as part of their marketing campaigns. The capability will be offered alongside other technologies including location-based marketing and mobile coupons, with Telef�nica helping brands to introduce new levels of interactivity and customer engagement into their advertising campaigns.
Telef�nica will also seek to increase the distribution of Aurasma�s app through its mobile customer base and also implement augmented reality in its own marketing campaigns.
The partnership will initially be rolled out in the UK through O2 and offered to brands through O2 Media. The two companies will work together to introduce new innovations around augmented reality and mobile into the UK market. The capability will be rolled out to other Telef�nica markets in due course.
'Augmented reality has the potential to fundamentally change advertising, transforming current static formats and introducing new levels of interactivity,' said Shaun Gregory, Global Director of Advertising at Telef�nica Digital. 'Aurasma is the undoubted leader in this space with a uniquely scalable platform approach and best in class image recognition technology. It has already demonstrated the power of its technology in thousands of innovative campaigns across the world and we look forward to working with them to further drive the use of this technology in advertising and marketing communications.'
Matt Mills, Head of Global Partnerships at Aurasma said, 'We are delighted to be working with Telef�nica � one of the world�s largest and most innovative telecoms companies. Telef�nica has a deep understanding of the whole mobile ecosystem and so immediately grasped Aurasma's potential to transform the way that people use their phones to engage with the world. We look forward to working with the Telef�nica Digital team to bring this transformation to the thousands of brands who advertise through their media services and over 300 million Telef�nica customers.'
*Source: Semico �Augmented Reality: Envision a More Intelligent World� Aug 2012
About Telef�nica Digital
Telef�nica Digital is a global business division of Telef�nica. Its mission is to seize the opportunities within the digital world and deliver new growth for Telef�nica through research & development, venture capital, global partnerships and digital services such as cloud computing, mobile advertising, M2M and eHealth. It is also driving innovation in over the top communications services under a new umbrella brand called Tu. Telef�nica Digital will deliver these new products and services to Telef�nica's 309 million customers as well as leveraging the power of the internet to enter new markets. It is headquartered in London with regional centres in Silicon Valley, Sao Paulo , Spain
ABOUT AURASMA
Aurasma is the world�s leading augmented reality platform. Available as a free app for iPhones, iPads and high-powered Android devices or as a free kernel for developers, Aurasma uses advanced image and pattern recognition to blend the real-world with rich interactive content such as videos and animations called �Auras�.
Auras can be created for printed images, product packaging, clothing, physical places and users can even use the app to create and share their own. Since its launch in June 2011, Aurasma has had more than four million downloads, 400 Aurasma-enabled apps and over 8,000 partners in markets including retail, fashion, sport, automotive, education, advertising and publishing are using the free technology in their campaigns, on their products or embedding the technology in their own applications. Aurasma was developed by and is part of software company Autonomy � an HP Company.
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