InnoTech Conference Teeming With Emerging Trends

October 25, 2011

Sean Lowry, Exe. Dir., Innotech and Carrie Vanston, Co-Author, MINITRENDS at Innotech Conference, Photo by Sloan Foster

Sean Lowry, Exe. Dir., Innotech and Carrie Vanston, Co-Author, MINITRENDS at Innotech Conference, Photo by Sloan Foster

I’ve attended the InnoTech Conference and Expo and its associated eMarketing Summit for several years now and always learn a lot. This year I wanted to pass on some comments from experts that I heard yesterday relating to emerging trends that are becoming more and more important:

Sean Lowry, of the very successful InnoTech series, always does a great job of making sure everything runs smoothly. I was even able to steal him for a minute to ask what emerging trends he saw coming. He told me, “I see continued convergence of all the different technologies we are seeing here today. Development of mobile applications and host applications in the cloud are particularly important. There is so much video activity and a lot of it is being hosted in the cloud now.”

I asked Giovanni Galluci, social media expert and Dallas photographer what he thinks the next trend in social media is going to be. He said, “Getting over it. Everyone is burnt out with all the hype and now people are looking for more meaning in social media. Twitter is ridiculous. Those who do marketing are beginning to realize it. Online social media is becoming part of the umbrella of marketing, which is where it belongs. Social media is becoming more commodatized—as in more of a commodity.”

He gave several great hints about Facebook including that Facebook ads are the best way to grow a fan base; Facebook is the 2nd largest search engine, so take advantage of it (including using pictures with metatags, main key words in description, etc.); and put Facebook info on all your printed matter including cards and bills.

I chatted with William Leake, CEO of Apogee Search Marketing, and his take was that “More and more advertising presence is going to be driven by physical location. If you don’t have a physical location strategy, you are going to lose.”

Craig Wax, CEO of Invodo and a video expert, had a lot to say about the future of video marketing. According to Craig, “In the future, no one is going to stand in line anymore. Offline and online is no longer relevant. This is already starting to happen and it is going to become ubiquous.” He added that “QR readers are going to be incorporated into devices and the present obstacles to their use will be chipped away.” (On a side note, Craig was most recently the Senior Vice President and General Manager at Match.com. That had to be an interesting job!)

According to Pat Scherer, Web and Mobile Deployment Manager at The Detail Person,  ”Mobile space is going to be huge. With the explosion of devices, I think it’s going to make a huge impact on the retail industry. Not only for payments, but for creating local-based experiences utilizing mobile social media. I anticipate this leveling the playing field with e-commerce.”

Finally, I got to chat briefly with siblings Kevin Olsen and Kerri Olsen, Co-Founders of the Austin Grand Prix. Having Formula 1 in Austin exciting!

Cheers,

Carrie Vanston
Media/Marketing Director, Technology Futures, Inc.
Co-Author, MINITRENDS: How Innovators & Entrepreneurs Discover & Profit From Business & Technology Trends

IDC Sees Perfect Storm in Portable Computing

December 8, 2010

Perfect Storm
On December 2, International Data Corporation (IDC), the giant IT research firm out of Framingham,  Massachusetts, released its annual predictions for IT in the coming year. The firm is forecasting a perfect storm for IT: a combination of cloud computing, mobile computing, and social networking that threatens to consign desktop PCs to the storage closet.

The author of the survey is IDC’s chief analyst, Frank Gens, who leads IDC’s 1,000 analysts in 110 countries in tracking IT trends. Summarizing this year’s report, Gens sees a nearly complete transformation in the dominant computing platform:

What really distinguishes the year ahead is that these disruptive technologies are finally being integrated with each other — cloud with mobile, mobile with social networking, social networking with ‘big data’ and real-time analytics. As a result, these once-emerging technologies can no longer be invested in, or managed, as sandbox efforts around the edges of the market. Instead, they are rapidly becoming the market itself and must be addressed accordingly.

As the IDC report ripples through the Internet, different players are examining what it means for the future of computing. At ComputerWorld, Sharon Gaudin comments on the surge in social networking, suggesting that business startups will stop building expensive and complicated websites and opt for free Facebook pages instead.

Anuradha Shukla at TechWorld is enthusiastic about IDC’s upbeat predictions for IT expenditures. The report forecasts a 5.7% increase in outlays over 2010, to $1.6 trillion worldwide. IDC sees half of that spending coming from emerging market countries shrugging off the recession.

At PC World, Patrick Thibodeau focuses on IDC’s prediction that shipments of apps-enabled mobile devices — smartphones and tablets — will surpass shipments of PCs in the next 18 months. Thibodeau points out, however, that shipments of PCs are not declining; rather, they are growing, but not nearly as quickly as mobile devices.

Another prediction that is sure to catch the eye of venture capital firms: Gens says that nearly a third of the major players in social networking will be bought up in the coming year by the likes of Oracle, Microsoft, HP, and IBM, who need to get in the game.

While many others futurists we have covered on the Minitrends blog have made similar predictions about the growth in cloud computing, mobile computing, and social networking, none of them have joined them together with such a powerful vision of a whole new way of working that Frank Gens brings to IDC’s report.

What do you think is coming in 2011? Do you think it will be just more of the same, or the beginning of a totally new platform, as the IDC report speculates? We welcome your comments.

STEVE O’KEEFE
News Editor, Minitrends Blog

Source: “IDC Predicts Cloud Services, Mobile Computing, and Social Networking to Mature and Coalesce in 2011, Creating a New Mainstream for the IT Industry,” IDC Press Release, 12/02/10
Source: “Business will get more social in 2011, IDC says,” ComputerWorld, 12/06/10
Source: “Cloud services, mobile computing and social networking to mature in IT industry,” TechWorld, 12/07/10
Source: “In historic shift, smartphones, tablets to overtake PCs,” PC World, 12/07/10
Photo by davedehetre (David DeHetre), used under its Creative Commons license.

Lundquist: Service Is Top Tech Trend for 2011

December 1, 2010

AlphabetDecember marks the peak season for looking back on trends from the previous year and forward to trends in the coming year. We’d like to start the month at the Minitrends Blog by sharing the forecasts of famous prognosticators in technology trends to see where they are pointing.

First up is Eric Lundquist. Lundquist is a fixture at Ziff Davis Enterprise, where he has ridden the waves of publishing trends as he reports on technology trends. The Harvard-educated scientist began his career as a journalist (you remember what those are, don’t you?), honing his craft as a daily newspaperman. A newspaper is collection of alphabet in ink on paper that was written yesterday, about today, and is worthless tomorrow.

Lundquist joined Ziff Davis back when eWeek was named PC Week, and quickly rose to editor-in chief of that publication. Following his own advice that video is growing as a method of information delivery, Lundquist moved into video production as creator of CIO Insight, a program on The Pulse Network, which combines streaming video with social networking.

In 2009, Lundquist revealed a love-hate relationship in his technology forecast for 2010. Along with the usual suspects (cloud computing, the migration to mobile, etc.), Lundquist expected CIOs to suffer from whiplash as the economy cut their budgets at a time when IT should be growing its budget. He has similar mixed feelings over social networks, seeing them as a growing trend and a growing source of embarrassment for thoughtless executives.

In his new forecast for 2011, the operative word is “service.” Lundquist predicts that most CIOs will have to evaluate and purchase software as a service in 2011. He also sees the rise of “apps” allowing employees to test and choose services rather than the CIO. He sees social networking, tablets, and mobile platforms all working hard to service business and B2B users who need to communicate on closed networks. He concludes his forecast by lauding the Apple Store for its $99/year training service that has created real-world (not virtual) communities of users.

Mixed-in with Lundquist’s predictions for 2011 are some of the usual suspects: the continuing migration to mobile, cloud computing, virtualization, and tablets. Included is his steadfast belief that “video will take a front seat for businesses to provide new product details, showcase executives, and create how-to explanations for their products and services.” Could this be the last time we see Eric Lundquist’s predictions in print? Enjoy the alphabet while you can.

STEVE O’KEEFE
News Editor, Minitrends Blog

Source: “Lundquist’s Top Tech Trends for 2011,” CIO Insight, 11/19/10
Source: “Ten Top Tech Stories of 2009,” CIO Insight, 12/15/09
Source: “CIO Insight,” The Pulse Network
Photo courtesy of fdecomite, used under its Creative Commons license.

Verizon’s Top Tech Trends for 2011: Really Bad Video

November 23, 2010

Verizon Top 10 Business Technology Trends 2011: Video, the New App Darling

CLICK FOR VIDEO: Screen capture from the video, "Verizon Top 10 Business Technology Trends 2011: Video, the New App Darling"

Verizon just released its predictions for the top technology trends of 2011, and it appears that really bad video is on the list for the new year.

The Verizon top trends list was reported by the popular tech site, CIOL, which is short for CyberMedia India Online Ltd. CIOL provides thumbnail descriptions for each of the 10 trends Verizon forecasts. Here’s the shortlist:

  1. High-IQ Networks Take Center Stage
  2. Everything as a Service: a ‘Cloudy’ New Mindset
  3. Seeing Security Through
  4. Enterprise Apps Go Mobile
  5. Video, the New App Darling
  6. Machine to Machine Cacophony Triggers Transformation
  7. UC&C Becomes More Than a “Buzz Phrase”
  8. Farewell to IPv4
  9. Hello to Universal Identity
  10. Personalization Inspires Innovation

Number five on that list is “Video, the New App Darling.” About this burgeoning trend, Verizon says in a news release announcing the trends:

Video will be among the most engaging business applications to take advantage of higher-capacity wireless networks for face-to face and face-to-machine interaction… [V]ideo will become an essential tool for workers everywhere.

The problem with this prediction is the video used to deliver it. On the Think Forward Blog, Verizon’s business technology blog, Chris Kimm, Verizon’s vice president of intelligent networking, added a post last Wednesday offering a 10-part video series to introduce Verizon’s Top 10 Technology Trends for 2011. The videos, unfortunately, show what we have to look forward to in the coming video onslaught: Very poorly made videos from people who should know better. Click on the graphic at the top of the post to watch Verizon’s video on the video trend, and see if you can spot these Top-10 Amateur Video Mistakes:

  1. Uses a low-quality webcam instead of a mini-DV cam or other inexpensive, high-quality digital camera.
  2. Uses only one third of the visual real estate. Two thirds of the screen is black.
  3. Uses a built-in microphone rather than a lapel mic or boom mic.
  4. Terrible audio that makes Kimm sound like he’s at the bottom of a Chilean mineshaft and desperately needs a rescue.
  5. Looks like he’s in a mineshaft. The narrow but long depth of field creates a tunnel-like visual impression.
  6. Poor quality backdrop. Even a blank wall would have been better. Has about as much charm as a cheap porn video shot in a Motel 6.
  7. Horrible backlighting. The backlighting increases the contrast and makes it hard to see Kimm’s facial expressions.
  8. Doesn’t use directional lights. Even a small, desktop lamp directed toward his face would have made the videos much more watchable.
  9. Doesn’t use a close-up perspective, which is essential for talking-head videos that are most likely being watched on a small screen, such as a Verizon phone.
  10. No editing. The videos appear to not have been edited at all. How else to explain the opening and closing moments as a super-close-up Kimm turns on, then off, the camera?

Frankly, these videos make Verizon look like one of the lean solopreneur companies we’ve been talking about on the Minitrends blog — the trend of companies that look big but actually have only one employee and no offices. Isn’t Verizon the company with “The Network” behind it?

My new prediction for top tech trends of 2011: Corporate executives getting some training and equipment for making better impromptu videos.

STEVE O’KEEFE
News Editor, Minitrends Blog

Source: “Top technology trends for 2011: Verizon,” CIOL, 11/18/10
Source: “Cloud Strategies, Economy Continue to Underscore Top Technology Trends for 2011,” Verizon press release, 11/16/10
Source: “Verizon Launches 10-Part Video Series on Technology Trends for 2011,” Verizon Business Think Forward Blog, 11/17/10
Screen capture from Verizon Business video is used under Fair Use: Commentary.

Information Security Victim to IT Trends

November 9, 2010

Privacy

Lured by the prospect of reduced costs, more companies are putting their information assets at risk by embracing technology trends such as cloud computing. A new survey finds that companies are failing to assess these risks and take defensive measures.

Consulting giant Ernst & Young released its 13th annual Global Information Security Survey last week, and the privacy picture that emerges is not good. The Vancouver Sun summarizes the findings this way:

Less than a third of global businesses have an IT risk management program capable of addressing the risks related to the use of new technologies… In spite of the rapid emergence of new technology, just one in ten companies consider examining new and emerging IT trends a very important activity for the information security function to perform.

What are the IT trends eroding information security at major corporations?

Mobile Computing, including smartphones, tablets, and laptop computers: “Devices that can contain information are increasingly prevalent; they are used for both work and home purposes, blurring the lines between the two, and results in ceding of control over the devices and the information to employees, service providers and others.”

Cloud Computing, including Software-as-a-Service (SaaS): “While organizations may have chosen in the past to avoid cloud technologies and the possible privacy and security challenges they bring about, in this economic climate, the cost reduction benefits that such solutions offer have brought many organizations to reassess whether these transformational technologies are right for them.”

Social Networking and other “Web 2.0″ technologies: “60% perceive increased risk from the use of social networking.”

In their new book, MINITRENDS, John and Carrie Vanston cite increased interest in privacy as one of the most promising areas for entrepreneurial activity in the coming two-to-five years:

In general, communications and computer technologies designed to gather personal information have progressed more rapidly and dramatically than those designed to protect this information. Serious efforts are being expended, however, to develop protection technologies.

The authors suggest some of the avenues for Minitrend development, including making it easier for employees to use privacy-protection software and teaching employees how to protect sensitive information. This insight is bolstered by the Ernst & Young report, in which a whopping 92% of respondents indicate that employee awareness of security issues is a problem.

Information security was a lot easier when it was a matter of protecting the perimeter around a company’s information assets. But in today’s economy, those information assets are widely distributed and stored in the hands of employees and outside vendors, making it much more difficult for organizations to protect them. Clearly, Ernst & Young’s shocking report shows tremendous opportunity for innovators and entrepreneurs who can develop technological solutions to modern privacy problems.

STEVE O’KEEFE
News Editor, Minitrends Blog

Source: “Ernst & Young Report Reveals Companies Unprepared to Address Risks Created by New Technology,” The Vancouver Sun, 11/04/10
Source: “Top privacy issues for 2010,” Ernst & Young, 02/10
Source: “Emerging Technology Trends Increase Risks of Protecting Corporate Information,” PR Newswire, 11/04/10
Source: MINITRENDS: How Innovators & Entrepreneurs Discover & Profit From Business & Technology Trends, Technology Futures, Inc., p. 95.
Photo by D. Sharon Pruitt (Pink Sherbet Photography), used under its Creative Commons license.