Insights: Strategic priorities in media archive monetisation

Chapter 4.

Balancing technology investments with business objectives

While the potential of AI-driven archive management is clear, successful implementation requires careful alignment with business objectives. Our survey shows variations in how organisations prioritise archive monetisation, from "critical" to "low", reflecting different business models and digital transformation stages.

Ayushman Saha articulates this fundamental principle: "If an organisation lacks a clear strategy for leveraging their archived information, the investment becomes questionable regardless of how impressive the technology might be." This insight captures the essence of effective technology investment – purpose must drive implementation, not the other way around.

The challenge extends beyond purchasing technology to ensuring adoption. Saha explains, "Many organisations have purchased company-wide AI tool licences, representing significant investments, especially when providing access to thousands of employees. However, we often see only 5-10% becoming regular users. This highlights the importance of having a foundational understanding of how new technology will either improve current operations or support strategic initiatives."

McKinley Muir Hyden shares the Financial Times' approach to technology implementation: "Any new technology must fulfil a genuine commercial or customer need rather than being adopted for its own sake. Second, we need to consider both short-term returns and long-term implications for our business model. Finally, ethical considerations must be central to our decision-making, particularly when working with generative AI."

For CNBC International, implementation decisions involve regional variations. Meropi Kylika notes: "Different regions present varying challenges and opportunities. While some markets remain predominantly subscription-based, others are rapidly shifting towards digital platforms. This requires a nuanced approach to content distribution and monetisation strategies, considering regional preferences and market maturity."

The timing of adoption also presents strategic challenges. Kylika explains, "The adoption timeline presents a strategic challenge. Companies must assess whether to be early adopters or wait for more mature solutions. This decision involves careful risk assessment, considering not only technological capabilities but also workforce implications and industry dynamics."

Our survey reveals the multifaceted nature of implementation challenges. Content discovery, rights management, resource constraints, legacy system compatibility, and lack of expertise were all identified as primary barriers by different respondents. This diversity highlights the need for customised approaches rather than one-size-fits-all solutions.

Success requires clear metrics and governance structures. Saha emphasises: "The success of these initiatives ultimately depends on having clear, measurable KPIs that become the organisation's North Star. When introducing new tools or approaches to content monetisation, the entire organisation needs to understand the purpose and have quantifiable metrics to guide their efforts."

The key to success lies in media organisations' ability to:

  • Align technology investments with clear business objectives
  • Establish measurable KPIs for implementation success
  • Consider regional variations in audience needs and platform maturity
  • Balance early adoption advantages with implementation risks
  • Create governance structures that span editorial and technical teams

This balanced approach has already yielded results for forward-thinking organisations. As Hyden notes, the Financial Times has "achieved a 600% reduction in time spent on B2B prospecting through AI implementation." Such concrete metrics demonstrate how well-aligned technology investments can deliver measurable business impacts.

Key Insights Recap

Successful technology implementation requires clear alignment with business goals, with measurable KPIs and governance structures. Our survey shows varying degrees of prioritisation for archive monetisation, highlighting the need for tailored approaches that match each organisation's strategic objectives.

Quick Action Guide

Key Insights Recap

Successful technology implementation requires clear alignment with business goals, with measurable KPIs and governance structures. Our survey shows varying degrees of prioritisation for archive monetisation, highlighting the need for tailored approaches that match each organisation's strategic objectives.

Quick Action Guide

Connect with us and let's shape the media's future together.

Globant is a digitally native company that helps organizations reinvent themselves and unleash their potential. They bring innovation, design and engineering together at scale to create impactful solutions. Globant specializes in digital strategy, design, and development, leveraging cutting-edge technologies and trends. With their agile pods methodology and commitment to innovation, Globant is a trusted partner for top brands looking to lead their industries in the digital landscape. They create digital transformations using disruptive technologies like AI, blockchain, and cloud computing. Major clients include Google, EA, and Disney. Globant bridges the gap between design and engineering to develop innovative software products. Overall, Globant helps global organizations reinvent themselves digitally.

Globant-UK@globant.com

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Insights: The state of B2B marketing: Key trends and transformations

Chapter 5. Maintaining content integrity and control in an AI-driven ecosystem

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