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| PHD Predicts How New Technologies Will Impact Society And The Marketing |
| Monday, 19 September 2011 12:44 |
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New technologies that will become prevalent over the next five years and their impact on society and the marketing and communications industry, is the subject of a new book released today by global media and communications agency PHD, part of Omnicom Media Group. David Fischer, Vice President of Advertising and Global Operations, Facebook comments, “In 2016 Beyond the Horizon, PHD takes us through a fascinating and detailed look back at how technology has brought us closer together even as geography has pushed us farther apart. PHD details how a social approach to technology will drastically alter institutions from government to gaming, from media to marketing. The future outlines in the book is a place where technology enables us to connect with our friends and harness their collective wisdom to make better decisions. It is a future that is connected, networked and, while uncertain, certainly better.” 2016 explores the likely developments within areas such as connected TVs, augmented reality, enhanced voice‐recognition, Natural User Interface (NUI) and NFC (Near Field Communication) and how, coupled with the acceleration of social media usage, they are changing the actual physics of marketing. The book considers that with one in every two people in the developed world connected to a social network, there are now 1.2 billion independent media owners all linked to each other. This will lead to a complete change in how society functions and all of this activity is increasingly mobile. 2016 looks at how technology will affect the areas of infrastructure, interface and internet as well as the implication on society in 2016, including: The most defining difference from 2011 will be people looking through their devices and holding them in‐front of their vision to augment their surroundings. It will be a common sight in the street, in shopping malls, in front of outdoor ads, in shops and in cinemas. An increasing amount of purchases will be made after a device has been held over the product to see a summary of user reviews and even brand sentiment. As people enter stores, they will be peering through their translucent devices and seeing hovering ads and user reviews. Youth audiences will amuse the older generations by holding phones in front of their friends’ faces to gain access to their social graph. A large percentage of youths will abandon any concerns of data‐privacy, as the desire to be witnessed will be overwhelming. These super‐socialisers will allow more of their activities to be witnessed by their social networks. Voice controlled smart devices will act like personal assistants. We will speak naturally into them to book restaurants, flights or even to find out specific pieces of information. Computation will be done in the Cloud and every single engagement will improve the overall algorithm for all. Devices will be constantly tapped as people use them in most parts of their daily lives from payment‐pads to micro‐payments and against shop windows to check‐in or check‐out. TV viewing will be done in some connection with people in the same social graph – people will get used to knowing who they are watching TV with. This will become the central fireplace around which social networks will gather. A large percentage of people will consume TV with their smart‐device in their hands and have the content working across both screens – this is particularly the case for appointment‐to‐view content.
Agencies will take client data and combine it with their pools of existing data and social data to create high propensity segments – therefore increasing the bespoke nature of audiences and increasing the potential scale. Some communications agencies may divide themselves into two halves with one side focusing on Upscale services and account management and the Automation half being centrally ‘pooled’ within the holding companies. The Upscale half will be ultimately on a road to compete with the existing creative agencies. The Automation half will be on a road to compete with the algorithm‐based software/investment houses. What we will see is an increase in the value that communications agencies add. Advertisers will spend more time selecting their communications agencies than they do today with any other agency as the complexity in assessing one against the other will increase. Tags:
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