A collision of thoughts

 

I just attended the 1st US edition of the Collision conference in New Orleans.
A 3 days marathon of start up pitches and product demos, talks by founder, developers, media execs and investors.

I focused my time mostly on keynote sessions to get a good feel for tech and media tends.

Here is what I captured.

I am not going to write about the strategic value of data, the astronomic rise of video, the audience fragmentation push and pull game, the importance of native content or the need to experiment with bots, etc…

All these topics were definitely highly discussed but I’d rather share fresh new insights that I haven’t heard much about before.

There are 2 of them.

1- VR is better with AR and AI:

VR was at the center of many many, many conversations. Every company, every start up seems to be involved in some way or another.

It is like we are recreating the invention of the moving image but instead of doing it over 100 years, it is happening in 3 to 5 years.

The impact of VR on our lives, our social interactions, our empathy is (will be) huge.

From the New York Times Displaced documentary covering the refugee crisis, to Charity water story telling, to Cirque du Soleil working on integrating VR into their shows, or recording important moments of our lives with the new Samsung VR camera being released next month….

VR is the next big thing. That is pretty obvious.
What was interesting at Collision conference was to hear about what will happen when VR is here, at scale.

 VR will be bigger with AR and AI (and vice versa)

The potential for VR + AR +AI merged together deepen utility and “enterpisification” in the work place, education and general life experiences…

For instance, imagine a VR experience with voice recognition, space tracking, hand movements and personal data all in one.

You are in a VR experience, you turn your hand up, your emails appear, speak to dictate your response, swipe right  and it calls the person you want to communicate with…

As screen definition improves, processing power speeds up, content creation becomes simpler, new human behaviors that we don’t even know could be possible will emerge simply because the VR echo system exists…

This is a good transition to the next insight.

2- Ethics:

If we are going to create robots and attempt to enhance human genetics and physiological functions, we need to solve ethical questions that didn’t need to be asked before.

I started to think about that at SXSW where I saw a few engineers giving presentations that we were closer to philosophy than technology.

Right now we know 2 stages of life “alive” and “not alive. So where do robots fit in and how we define their missions in society?

Andrea Keay, Managing Director of Silicon Valley Robotics has endless knowledge and opinion about that. Here is one of her previous keynote.

What about the fascinating applications that Halo Neuroscience will have not only on sport performances but learning, education, medicine… how can the device be used without aggravating inequalities?
Is it pushing the limits of the human conditions?

As you can sense, the Collision conference was a great experience.
After 3 days of hyper stimulation, my brain was ready for some relaxing rhythm at NOJazzfest.

 

Marie Sornin

Trends from SXSW- Day 2

Today I focused as much as I could on sessions about videos with a brand panel about Live videos and  a session New York Times CEO about VR .
Here is a summary of day 2 (and the last day for me)
Live video:
Just one year after its launch at SXSW, Meerkat has announced that it is abandoning live streaming
Many keynotes from SXSW were periscoped from the official @handle of shows/ influencers- check this one out if you are a fan of Mr. Robot.
Everyone is convinced that Facebook live is perfectly set up to be (a) the leader in live video: It’s got the reach/ it’s integrated with the Facebook experience & is easy to use.
Mashable had a big partnership with Facebook Live a booth at the Mashable house.
Periscope is perceived like the best tool, best features and a must when it comes to Live video strategy.
Advertisers love the lightweight/ low production budgets of live video + the fact that the audience is totally integral from to the storyline
Some grey areas for advertisers are:
They haven’t figured out when to start promoting a live video campaign (early is frustrating for the audience, close to the broadcast only brings little reach).
They all agree that it is important to promote live content across multiple platforms: FB/ Insta/ Twitter
VR:
VR cameras are already becoming easier & cheaper to access, however production and story telling still remain very complex.
Cross function collaboration is paramount to execute VR well.
Monetization potential is strong for the future but for now, budgets & commitment are only coming from partners innovation funds and from those ready to take some risks (doesn’t mean budgets are small, just scarce)
Based on the New York Times experience, we are not too far off from citizen journalism in VR. The Olympics might be the tipping point where we start seeing a lot of VR content from professionals as well as amateurs.
Google is fully invested in supported media outlet to produce VR content (Google cardbord + developing computing power & Software?)

Trends from #SXSW- Day 1

I concentrated my selection of keynotes and panels focused on the future of media.
Here are the key trends that emerged from what I have seen on the 1st day of SXSW.
1- Marketing moments:
From Google, to Facebook, Twitter and start ups in the advertising industry. Everyone is shifting from audience clusters to moments that matter.
Intent is the new demographic.
Marketing mastery is about predicting intent and providing passive automation (amazon, for instance, is already very good at it. ever noticed? no? that’s why they are good)
2- Instant gratification/ gamification:
In the wake of Periscope, Instagram, Snapchat, services like Uber, Instacart, Postmates and now magic & operator are transforming consumers expectations in fields a lot broader than social media.
These features are becoming key to consumer loyalty.
3- Connected devices:
The internet of things; that is when your car will allow you to buy a ticket for a movie on your way to the mall and have the soundtrack of the movie added to your playlist by the time you get out of the theatre.
This is making the 2 above points extremely more complex.
It is not about multi screen any more but a simple and ubiquitous user experience. That is the goal sought by marketers
For now, the majority agree that the experience must be centered on the smart phone. The device that is still at the core of the connectivity.
4- VR:
VR is the hot topic on everybody’s mind, from sport to media to retail.
It all seems very experimental still, which of course brings the questions about computer power and graphical computer. How long until this really hits us?
Haven’t heard a lot about live video yet, but that’s day one.
I have some more exploration to do!
Tweet @mariesornin if you are at #SXSW2016

MEDIAWATCH #3: Australia

I am back in Australia, a country that I know well, yet the media landscape is evolving quite fast with some big moves happening during my week such as Channel 7 launching its new live streaming site for the Melbourne Cup, Optus snapping the EPL rights from Foxtel…

For those who are not as familiar wit the local Australian media & digital landscape, here is my new & improved mediawatch, now as an infographic.

Mediawatch Australia

Download the Mediawatch Australia PDF

Marie Sornin

MEDIAWATCH #1: South Korea

Over the last year, I have been fortunate to visit 10 different countries on business.
The experience and learnings I captured during each trip are tremendously valuable.
I have been writing specific work reports, and I have also decided to share broader observations about each market.

This is my media watch, starting with South Korea where I am spending the week.
I will then backfill with India, Brasil, Singapore, Indonesia, Mexico, Australia, France..

  • Population: 49.3 Million
  • Internet penetration: 85.3%

Skorea population and internet metrics

  • Media Spend:  Mobile ad spend is said to account for 10-15% of total ad spend in 2015 and as much as 29% by 2019.
    IPTV & Mobile represent the strongest growth. This demonstrates the power of fast mobile network accessible anywhere (when everyone watches mobile on their phone in the subway: commute time is the new prime time).

S Korea spend by media

  • Mobile leaders: Google and Facebook are strongly represented, yet they are being crushed by the regional giants Daum Kakao and Naver.

S Korea mobile apps used

  • Opportunities for international companies: South Korea is well connected and extremely competitive. The lessons learnt by observing the dynamics can be very valuable (Kakao’s vertical integration is fascinating. Although described as a messaging service it also offers e commerce, content curation, taxi services…).
    South Korea is a great benchmark.
  • Barriers for international companies: Language.
  • Personal observation: This is the most competitive market I have ever seen with local player being extremely advance + vertical integration like nowhere else.
  • Fun fact: #KPOP is everywhere.
      • Travel tips: Traveling to Korea is like stepping into the future.

Marie Sornin

Start up thinking// thinking start up

Here is a fun chat with Dan Day, founder of Kinderloop, about what it’s like to create your own start up!

Have a look at Kinderloop, and if you like the idea, let Dan know!

Good luck to the team at Kinderloop for their quest in the Silicon Valley and stay tuned an update when they return from the States!

Marie

Back to the Future

Oct 2010 feels like Aug 2000 to me… different times, different places but a sensation of “de déjà vu”.

August 2000, was when back in Paris, my two business partners and I started eclosion.net, independent digital consultancy agency. Back then web marketing only just beginning. There were only 11 million web users* in France and the online spend was less than 2% of the advertising expenditure*.

Today I am in Sydney and just joined Mediabrands to structure, head up and champion social media for all the agencies of the group and their clients. In Australia, the web has gone a long way over the last 10 years: fully recovered from its initial crash, grown strongly and steadily to the $2 billion** mark, taking over cinema and radio and proving to be one of the most efficient and measurable advertising channel … Mobile and cloud computing are now on the horizon shaping up the future….

Back_to_the_future

So looking at those 2 situations, you could think they are very different; that I am in much more comfortable situation selling social media now that a large majority of Australians are using the Internet… well, think again. Being head of social, feels very much like being a pioneer back in the early digital days. People look at you like you are the messiah. You are not introduced as a director, a business developer or a GM… No, you are a guru, a wiz, a star, a legend…. Clients listen to you like you are going to bring the solution to all the questions their managers have been asking them about stuff they think they know but secretly don’t want to admit that don’t really grasp. Interestingly, they also doubt everything you say and are extremely cautious when it comes to signing off the part of their marketing budget to social media. You have to educate, present, justify, explain, detail, slice and dice everything you envisage for the brand…

They know they can’t do without but don’t really what to do with… They absolutely want to get in that space without having clear objectives or KPIs.
Remember when every client wanted a .com…. feels familiar when they all cry out for a Facebook page, or a twitter account, doesn’t it?

Remember when ad servers were only tracking CTR, and then post view got introduced and de duplication, and now… feels familiar when you were talking about blogging, and now recommending social applications, building communities, geo localized content….

Objectives are confused, measurement is tricky, technology is evolving fast and as a specialist, rather than a guru, you lead your clients and colleagues onto this rocky road ahead…

Paris 2000, Sydney 2010: Same same but different! Loving every single bit of it!

Marie Sornin

Source:
*Benchmark group
** IAB