Chicago, IL - July 21, 2020 - IPV, experts in intelligent video content management for more than 20 years, have just released the report, The Future of Video for Creative Agencies By the World’s Leading Creative Agencies. The report provides an in-depth look at four of the world’s largest creative agencies, Foote, Cone, and Belding (FCB), Wavemaker, GMR and Mustache, and how they adapted to a sudden seismic shift in how their teams create and deliver client work by moving to a fully remote workflow model.
In the report, readers will gain an understanding of what is anticipated to be the new normal for agencies creating video content in the age of COVID-19 and beyond. Leading professionals from each agency share their approach to managing a complete 180-degree shift in the way their globally dispersed teams collaborate and manage content, implementing long-term solutions that will change the way they work forever.
This report examines the various challenges that creative teams have to overcome to match current and future demands for video content in a work from home environment, such as:
- Slow WiFi further burdened by family members or housemates being online at home.
- Limited access to media files and footage from outside networks.
- Issues with software licenses on home equipment.
- Poor performance of home equipment, as compared to office workstations.
- Creative slumps as a result of not being able to meet in person and work physically together — for instance, quickly showing someone else a scene or clip or discussing an idea.
- Security concerns and permissions controls for files and media.
- Difficulty honing briefs, given a new inability to meet in person with colleagues and clients.
- 92% of digital marketers say video is an important part of their strategy, and those who use video see their revenue grow nearly 50% more quickly than those who don’t.
- 62% of agencies predict significant increases in their video production output and 34% predict similar rises in their online video creation services.
- 63% of teams want to use cloud-based tools to help them with video production to ensure business continuity in the future.
