35. Build Relationships. Faster.
#BIGDATA
Volume Velocity Variety Veracity
5B
Smartphones
by 2017 Customer
Data
Purchase
Data
500m+Social Networks, Blogs
& Forums
Social
Data 2.5
Quintillion bytes
of data every day
Connected
Data
36. We ask too much
of technology
and not enough
of ourselves.
37.
38.
39.
40. “Let’s go invent tomorrow…
instead of worrying about
what happened yesterday”.
Key Takeaway:
We live in a connected world. Computers have evolved from connecting us through thousands of mainframes to billions of devices. In this third wave of computing or the “Internet of Things” we are connected to each other and devices like never before.
ACTION: Provide relevant personal example
Talk Track:
What I also love about my job is that the technology we use is constantly changing. Today, we are in a world where everything is becoming more and more connected. Many people call this the internet of things, but we look at it as simply an opportunity to connect with our customers in a whole new way, an Internet of Customers.
In the first wave of computing, companies used mainframes and terminals across thousands of computers. Then we moved to the second wave of computing -- client server computing - where millions of PCs existed on networks. But today, we're entering into a third wave of computing, the most exciting wave of computing ever because everything is becoming connected. It’s not just PCs, but it’s smartphones, tablets, products, sensors, watches – almost anything can be connected. In fact, over 75 billion things will become connected by 2020, and this has lead to Trillions of customer interactions.
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Additional Context & Acronyms as defined by Wikipedia:
Systems Network Architecture (SNA) is IBM's proprietary networking architecture, created in 1974
A local area network (LAN) is a computer network that interconnects computers in a limited area such as a home, school, computer laboratory, or office building using network media.
A wide area network (WAN) is a network that covers a broad area (i.e., any telecommunications network that links across metropolitan, regional, or national boundaries) using private or public network transports.
LTE, an initialism of long-term evolution, marketed as 4G LTE, is a standard for wireless communication of high-speed data for mobile phones and data terminals
People aren’t interested in companies anymore
20 years (1995) 4 years
Value of a Millisecond (Flashboys book by Michael Lewis)
Capitalising on the discrepancies between +/- 3 milliseconds between the 2 trade exchanges meant each single bank would stand to make approx $20bn year extra
All for only $14m in costs and sevices
Limited to only 200 customers obvs
6000 tweets second (10,000 trades second)
By 2018 ~ 25% of all corporate traffic will flow directly from mobile to cloud
Twitter 3.5 yrs – 1 billion Now under 2 days
0-2003 data now reproduced every 48 hours
Our clients trying to make sense of it – can’t keep up.
90% worlds data didn’t exist 2 years ago
But how do we make sense of it all?
1759 - Business man who loved creating things
People and numbers
250 years ago Josiah Wedgwood figured out how to mass produce pottery (1759)
the very first brand
the first brand to use direct mail
It worked - It made him rich
Worlds first brand
1st to use direct mail
Very successful – made him a lot of money
Josiah Wedgwoods great grandson Charles Darwin went on to change the world again
It is not the strongest of the species that survives, nor the most intelligent but the one that is most adaptable to change.
My favourite brand in the world told us to just do it
Customer company – we work with them on email to help them connect to their customers faster
Gartner – voice of the analyst
Only 42% companies know how to measure LCV – Dell know EVERYTHING!
There are now 400+ marketing metrics
Just because you can measure everything doesn’t mean that you should
Dark social CNN
Deeply moral / ethically grey
Morally deep but ethically grey
SF1 Munich ~ 7 secs attn span
Goldfish 8 Storytelling in 7 seconds (JFK – Obama)
Halflife of a tweet = 7-8 minutes av.
Small town rules – remember orders – family names – deeper personal & professional connections…
The Sacredness of Privacy
How to Reply to People
How to Write Recommendations
Find your purpose – and then think it into shape
Success comes from 10 years dedicated to any kind of business (no matter how compromising it might be in the beginning)
Conclusion = Sir, I understood my business and I attended to it”.
Peter Field slides from earlier today
Voice of the analyst – Forrester
Forrester, Competitive Strategy In The Age Of The Customer
F.R.Y. Dominos
Hedvig – 14 years. Longest running commercial
Two companies. 1 retains 95% / 1 retains 90% customers (First company loses 5% / Second co loses 10%) If both companies grew by 10% year ~ the first firm would double in size but the 2nd would have no real growth.
ICA Hedvig King (agency)
14 years Sweden’s longest running campaign
Muhammad Yunus – Nobel Peace Price 2006
"for their efforts through microcredit to create economic and social development from below"
Social enterprise customer success platform
Every business is a social enterprise. It’s just a matter of when. And how much.
Social = the one area of business where you don’t need to out spend your competitors in order to beat them
0-2003 48 hours
90% 2 years
48000 metrics day
Predictive – PUBS / weather
FRESHPLUM
Dell $168
$12 tweet / -$42
Who / What / Why / Where / When
“It’s not enough to do your best. You need to know what to do, and then do your best”.
Salesforce1 for Apple Watch has three main components: the new Salesforce Analytics Cloud for Apple Watch, Salesforce1 for Apple Watch and Salesforce Wear Developer Pack for Apple Watch.