Tag Archives: social media

Deloitte Media Consumer 2015

Sobering PewDiePie vs Corrie viewing stats. Source: Deloitte 2015
Sobering PewDiePie vs Corrie viewing stats.
Source: Deloitte 2015

I went to the Deloitte Media Consumer 2015 survey presentation presented by Matt Guest, their Head of Digital Strategy EMEA. The survey focusses on media consumption habits in the UK, and was an informal, highly interactive presentation. So interactive, that I apologise to the rest of the audience for asking so many questions.

The invite pulled out some key stats:

  • A third of us watch the same TV shows every day
  • 61% watch on average one short form video a day
  • The younger generation prefers sharing social media content with a limited amount of followers
  • 36% of adults feel they don’t need to go and see big releases in the cinema as they are available on demand so quickly
  • For up-to-date news content, 70% of users turn to Twitter

Continue reading Deloitte Media Consumer 2015

How to Produce New Ideas, or “Innovative and Creative Thinking 101”

Don't expect any creative thinking time from this environment. (Credit: John Seb Barber)
Don’t expect any creative thinking time from this environment. (Credit: John Seb Barber)

When we present our innovation process or new ideas for clients, one of the most common first questions is “How do you think like that?”

This applies to all companies, from small start-ups to very large financial services organisations.

When the question is asked, the rest of the audience often pick up their pens as though we’re going to answer with a poignant, silver bullet answer. But as soon as we do answer, you can see the disappointment in everyone’s eyes.

I’m sorry, but the answer is much simpler than they expected.

Here are the key methods that we use at Endava to broaden our horizons, to think of new stuff, to help our clients with their business challenges. Continue reading How to Produce New Ideas, or “Innovative and Creative Thinking 101”

Facebook and Yammer proving the end is nigh for email

Bet you wish you bought some Facebook shares this time last year?
Bet you wish you bought some Facebook shares this time last year

So much for young users leaving Facebook en masse… Facebook’s latest results (Q2 2014) are simply stunning:

  • $2.91bn revenue (from $1.8bn in 2013)
  • $791m profit (from $333m in 2013)
  • Daily active users (DAUs) were 829 million on average for June 2014, an increase of 19% year-over-year.
  • Mobile DAUs were 654 million on average for June 2014, an increase of 39% year-over-year.
  • Monthly active users (MAUs) were 1.32 billion as of June 30, 2014, an increase of 14% year-over-year. This is an amazing statistic – 18% of the world’s population access Facebook monthly!
  • Mobile MAUs were 1.07 billion as of June 30, 2014, an increase of 31% year-over-year.

Continue reading Facebook and Yammer proving the end is nigh for email

11 lessons about innovation from the New York Times

The BBC Newsroom. Currently peaceful. And sometimes less peaceful.

Whilst doing some research at work on innovation within the Publishing industry, a colleague of mine found a leaked report from the New York Times from March this year (the full article is at the end of this page).

At 94 pages, it’s a must-read for anyone within Publishing. I took 11 key points from the document:

  1. (page 16) Hallmarks of disruptors… number 4: “Initially inferior to existing products.” This is so true. Almost every time we work on a new innovative project, there will always be someone criticising that product A does things better, or product B is more comprehensive. The answer is twofold – firstly, you can have something more superior, but it will take a lot longer and cost a lost more money; and secondly, it’s part and parcel of developing something new. Remember Twitter’s outages? Remember how basic Facebook looked?
  2. Only a third of NYT readers visit the homepage. Just think of the effort in designing the homepage! Google is great at providing users links directly into articles, and users share articles not homepages. This is the proof. Continue reading 11 lessons about innovation from the New York Times

LinkedIn creating a Global Economic Graph

By far and away, my favourite social network is LinkedIn. I respect LinkedIn because its user base sees LinkedIn’s core usage so differently. Some see it as a recruitment tool. Others see it as a sales tool. Others see it as a high quality content tool.

LinkedIn has transformed recruitment and networking. When was the last time you spoke to someone and they said “If only you’d have asked me if I knew someone at ABC company? I know Fred, and he works as a blah blah.” These conversations don’t happen any longer because users can go to LinkedIn, type in ABC company, and see how they know people there – sometimes former colleagues work there, sometimes you know someone there without realising. Continue reading LinkedIn creating a Global Economic Graph

Why we should have electronic voting for elections

I look forward to seeing the end of this form (hopefully in my lifetime)
I look forward to seeing the end of this form (hopefully in my lifetime)

We have UK local elections coming up in a couple of weeks’ time, and few things frustrate me as much as paper based postal voting.

Voting is a vital part of our democratic society, yet reading the history of postal voting highlights the bureaucracy and ancient thinking that we expect from government.

It took 83 years to enable postal voting for some people, to letting everyone vote by post.

So rolling out digital voting is going to be a challenge.

Continue reading Why we should have electronic voting for elections

Apple & Facebook’s staggering results

We keep hearing stories about young people leaving Facebook in their droves. And how consumers are buying Android phones in multiples to Apple. Or how China’s growth is stuttering.

Don’t believe the hype.

Facebook and Apple have released their quarterly results, and both are staggering. Continue reading Apple & Facebook’s staggering results

Digital Finance Masterclass London, 2014

Earlier today I gave a short presentation to the Digital Finance Masterclass in London. I only had ten minutes, followed by 8 sessions of pretty intense ‘Digital Surgeries’ – a great format, but quite tiring.

Before the event, I had been told that the Digital Surgeries were like speed dating – thankfully I got married before speed dating, because I can’t imagine going through that process in a relaxed, sociable setting.

With only ten minutes for the first presentation, to a varied audience across Financial Services, I focussed on the following topics, shown in the attached Slideshare presentation:

  • Putting the User First
  • Development
  • Cloud
  • Mobile first?
  • The future

Continue reading Digital Finance Masterclass London, 2014

The Advertising business model

In today’s Western digital businesses, advertising is the main source of revenue for websites, mobile sites, mobile apps and anything in between:

In the first quarter of 2013, Google advertising revenue was $11.9 bn. Advertising revenue was 92% of Google’s revenues for the quarter.

For the fourth quarter 2012, Facebook’s revenue from advertising was $1.33 billion, representing 84% of total revenue.

Personally, I believe the advertising industry is in a bubble which is ready to burst. It is a semi-self-fulfilling industry that has been growing at a rate out of proportion to the businesses revenue which support it.

Organic revenue growth of the big four advertising companies, 2010-2012
Organic revenue growth of the big four advertising companies, 2010-2012. From Statista

Continue reading The Advertising business model