This Startup Wants to Help Brands Make Videos Using Artificial Intelligence
January 11 2017 - 6:29AM
Dow Jones News
By Mike Shields
A new startup says it can make it easier for brands to ramp up
the volume and quality of their content on social media, with the
help of artificial intelligence.
Justin Fuisz, who founded the interactive video ad startup Fuisz
Video in 2013, is rolling out Octi, a video technology company
designed to help marketers pull together video shot by teams on the
ground at live events and use that content to populate their
various social media feeds.
Marketers these days have an ever-pressing need to produce more
and more content for their social media channels. But feeding that
beast often requires paying multiple agencies to crank out post
after post -- and the quality of such content can vary widely.
Instead, Octi allows marketers to shoot videos using multiple
cameras at the same time and then uses artificial intelligence to
automatically produce a seamlessly edited single clip to be
distributed on social media, according to Mr. Fuisz.
Anheuser-Busch InBev, which along with startup incubator
Techstars has invested an undisclosed amount in Octi, plans to
begin a pilot test in the coming weeks.
Ben Kosinski, director of digital Innovation at Anheuser-Busch,
said the hope is that the new product allows the beer giant to do
more in social media with fewer resources.
"This allows us to create quality content at scale," he said.
"Typically for something like this you have to bring on agencies,
pay them. That takes up a lot of time. This lets you produce high
quality content without all that."
Here's how a marketer could use Octi: Let's say a brand was
sponsoring the Super Bowl. The brand can send a group of social
media executives (they don't have to be professional video
producers) to the game to shoot lots of footage on their phones
using Octi's app -- everything from key plays to live shots of the
brand's marketing presence at the game. The marketer can set up a
custom Octi editing filter, so the AI will focus on integrating
into a single clip only videos that feature people's faces, or
action shots, or whatever kinds of video shots they prefer,
explained Mr. Fuisz.
Then via a digital dashboard, the marketer can quickly push the
videos out to social media platforms like Facebook and Twitter.
The result could be compilations of scenes from a sporting event
or car dealer opening or concert that could instantly be woven
together in a narrative form that is not unlike Snapchat or
Instagram Stories -- only with a slicker look and feel, Mr. Fuisz
explained.
Down the road, brands might be able to ask fans to shoot
hundreds of such videos at events, particularly local gatherings,
on their behalf. This technology could even be used for live
streaming on Facebook, said Mr. Fuisz.
"Brands really need their video to be authentic these days," he
said. "This feels like it fills that gap."
Write to Mike Shields at mike.shields@wsj.com
(END) Dow Jones Newswires
January 11, 2017 06:14 ET (11:14 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Anheuser Busch Inbev SA NV (NYSE:BUD)
Historical Stock Chart
From Aug 2024 to Sep 2024
Anheuser Busch Inbev SA NV (NYSE:BUD)
Historical Stock Chart
From Sep 2023 to Sep 2024