The Marketing Technology Landscape

I’m not 100%  sure how to address the growing complexity of the marketing function, except to suggest that you take some time to re-evaluate and redefine what marketing is about. Consider layering in your technology mix along with your media and marketing mix. Then bring together a team of mobilists, technologists, data analysts and creative folks and you can get the ball rolling.

– Ted Morris, 4ScreensMedia

The CMO Dilemma continues: IBM’s 2011 Global CMO Study

IBM recently released “From Stretched to Strengthened: Insights from the Global Chief Marketing Officer Study”.

The executive summary is here. To obtain the full text, go to:  http://www935.ibm.com/services/us/cmo/cmostudy2011/cmo-registration.html .

The most compelling finding is the first: CMO Underpreparedness. Thematically, it fits a number of opinions expressed in the 4ScreensMedia online journal. Data, devices and social/digital media are three of the most challenging areas for a CMO to understand and leverage. This triad, if you will, is characterised by exponential growth, the shortest of product lifecycles and the problematic aspect of measurement.

 

I highly recommend you read the report especially as a marketing professional. Getting a perspective on what’s on the mind of the global CMO is extremely valuable when it comes from a large and respected firm such as IBM.

As much as technologists are shedding light on the marketing function, marketers ought to be doing some listening of their own and thinking like ‘marketing technologists’.

– Ted Morris, 4ScreensMedia

The Zettabyte Era: A Brave New World of Devices

Cisco VNI 2011

 

Big Data is getting bigger. Here are some top findings from Cisco’s latest VNI – Visual Networking Index:

 

IP traffic will increase worldwide 4x by 2015, reaching 966 exabytes or just under 1 Zettabye (which is 10 to the 21^st power).Factors that are driving this growth, include:

• Video, as it is increasingly a part of nearly every networked experience.  By 2015, one million minutes of video – nearly two years worth – will cross the network every second.
• More devices are connecting to the network – we forecast more than 15 billion will be on the network by 2015, making it on average more than two devices (whether it be a PC, phone, TV, or even machine-to-machine) per person for every person on earth (and if you’re like me, you’re an “overachiever” on this number, with well over a dozen devices connected to the network…by the way, just how many network connections are you responsible for?)
  • More people will be using the network – a total of 3 Billion people will be on the network in 2015, compared to 1.9 Billion estimated in 2010, due to increased broadband penetration – much of it mobile – and accessibility of lower cost devices.
  • Increased speed – overall connectivity speed doubled from 2009-2010 from 3.5 to 7Mbps and is expected to increase 4-fold to 28 Mbps by 2015.  This is relevant because when people can do more with the network, they tend to do so… video usage increases all the more which starts the cycle all over again.

– Ted Morris, 4ScreensMedia