Management in an age of information abundance

How do managers and business owners deal with an age of abundant information?

The Twentieth Century was defined by abundant and cheap energy while this century will be shaped by our access to massive amounts of data.

How do managers deal with the information age along with the changes bought about by technologies like the Internet of Things, 3D printing, automation and social media?

Management in the Data Age looks at some of the opportunities and risks that face those running businesses. It was originally prepared for a private corporate briefing in June 2015.

Some further background reading on the topic include the following links.

 

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Delivering on the promise of the connected stadium

The connected stadium promises a lot but has a long way to deliver on those expectations

Once a year I come out of the closet in Sydney and admit I support Carlton in the Australian Football League. This usually ends in humiliation as Carlton hasn’t beaten Sydney in the last twenty years.

This year’s ritual humiliation coincided with an offer by Telstra to review their smart stadium rollout at the Sydney Cricket Ground’s rebuilt MA Noble stand following a tour of Etihad’s stadium earlier this year.

Late last month I interviewed Mike Caponigro, Cisco’s head of Global Solutions Marketing for Sports and Entertainment, around how smart stadiums are being rolled out around the world, including the Sydney Cricket Ground.

Caponigro sees the smart stadium as complementing the ground experience and Cisco are working with over three hundred venues in thirty countries around the world.

“Live is always going to be best,” states Caponigro. “You can’t replace that tribal passion of the crowd. No matter how excited I get in my living room or with some friends in a pub you’re never going recreate that enthusiasm.”

However the expectations of sports fans are changing Caponigro points out citing how HD television and the internet is changing the experience for spectators outside the stadium, “fans don’t want to be removed from that action.”

So how does the connected stadium experience stack up for a punter who’s used to being in the cheap seats and often wonders if buying that ticket along with putting up with the hassles of getting to the ground, being overcharged for bad food and water down beer is worthwhile compared to staying at home and enjoying it on TV?

A limited App

Like all the smart stadium rollouts, the SCG’s revolves around the onscreen displays and the spectators’ smartphones. Once downloaded the 35Mb app isn’t spectacular. The sports news focuses on cricket – somewhat irrelevant in a Sydney winter – while the transport map front ends into Google Maps.

Probably the biggest disappointment with the app is the venue map which is a detailed PDF lacking any interactive capabilities which successfully manages to pack a lot of information, like the location of light towers, without actually telling you anything useful.

In seat ordering is one of the attractions of the app. Unfortunately we were unable to test it as the collection points are within the members section of the Noble stand which we didn’t have access to.

The lack of real time information about seating, transport and ground information makes the app at best ornamental, indeed there are opportunities missed in upselling such as offering spectators seat upgrades or merchandising offers.

In stadium connectivity

Where the SCG smart stadium shines is in the Wi-Fi connectivity. Mobile connections over 3 and 4G services have always been problematic during match breaks. During the game, the connection was flawless, the only gripe being that the login screen reappeared for a moment everytime the phone was bought out of sleep.

Again though it’s hard not to think the ground management are missing opportunities with the Wi-Fi as the login screen asked for an email address but didn’t give the option of providing an SCG or Swans membership number rather than just an email address.

Not so smart screens

The biggest boast of smart stadiums are the connected screens, the previous tour of Melbourne’s Etihad Stadium showed what could be done but the SCG game was an opportunity to see the videos in action.

Smart-stadium-action-shot

Unfortunately the screens actually detracted from the experience. While the main scoreboards were showing game details and replays the smaller screens were showing the SCG members in ground advertising which added nothing for spectators.

Even during the match play, the screens carried the Channel Seven television feed with food outlet advertising wrapped around it. Disappointingly the screens didn’t give any updates on the match play, the goal kicked by Swans’ debutante Dan Robinson (who played for my local junior club) didn’t receive a mention at all.

Overall the spectator experience from the SCG’s smart stadium rollout is underwhelming. This isn’t a result of Telstra and Cisco’s technology but of its implementation with a focus on low value advertising rather than adding value for spectators.

Leaving money on the table

The smart screens need to be delivering more relevant information to fans in the stadium while the smartphone app has to be giving dynamic and useful data to help spectators before during and after the game.

At the moment, it seems there’s a lot of money being left on the table as opportunities beyond pushing advertising onto spectators aren’t being explored.

smartscreen-connected-stadium

It’s hard not to think that right now the smart stadium is a solution in search of a problem. Certainly for fans to take anything except the improved Wi-Fi service seriously there ground managements have to offer more than continuous ads for chicken outlets and expensive private schools.

Then again, maybe I’m just bitter as once again us Carlton fans were humiliated by another hundred point loss. For Blues supporters it was another dismal night at the footy ground.

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Social media types, IoT gadgets and the internet’s future –ABC Nightlife May 2015

Paul Wallbank regularly joins Tony Delroy on ABC Nightlife on to discuss how technology affects your business and life.

Along with covering the tech topics of the day listeners are welcome to call, text or message in with their thoughts and questions about technology, change and what it means to their families, work and communities.

If you missed the May program, it’s now available on our Soundcloud account.

For the May 2015 program Tony and Paul looked at some of the gadgets coming out of the Internet of Things, what your social media posts say about you and Mary Meeker’s big Internet Trends report.

Join us

Tune in on your local ABC radio station from 10pm Australian Eastern Summer time or listen online at www.abc.net.au/nightlife.

We’d love to hear your views so join the conversation with your on-air questions, ideas or comments; phone in on 1300 800 222 within Australia or +61 2 8333 1000 from outside Australia.

You can SMS Nightlife’s talkback on 19922702, or through twitter to @paulwallbank using the #abcnightlife hashtag or visit the Nightlife Facebook page.

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Google joins the IoT operating system race

Google joins the vendors looking to power the Internet of Things

Later this week Google will announce an Android based IoT operating system later this week at their I/O Conference, Netimperative reports.

In doing so they’ll be joining Microsoft, GE, BlackBerry and a host of others in looking at providing the software that runs the Internet of Things.

The carving up of the IoT continues.

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The tough world of IoT hardware startups

Starting a business making IoT hardware is a tough challenge

Yesterday Internet of Things startup Ninja Blocks announced it was shuttering its doors after three years of operations, two successful Kickstarter campaigns and three successful fundraising campaigns that netted $2.4 million.

Ninja blocks aimed to become the centre of the smarthome with its simple controllable device but, as many other startups have found out, the costs and complexities of designing, manufacturing and shipping hardware are not trivial.

Last year I spoke to Ninja Blocks and a similar IoT startup which also failed, Moore’s Cloud, about their opportunities and challenges. In the light of both companies failing they are worth watching again.

Daniel Friedman, CEO of Ninja Blocks outlined the company’s plans along with the limits of crowdfunding.

The CEO of Moore’s Cloud, Mark Pesce, had much stronger views on crowdfunding and its limits.

From the Moore’s Cloud and Ninja Blocks story it would be tempting to conclude that pure IoT hardware startup plays are doomed to failure, however the lessons of companies like Fitbit and the Pebble watch show otherwise.

A very good example of success is Spanish IoT company Libelium whose founder and CEO Alicia Asin told Decoding The New Economy two years ago how the company had started under the shadow of the 2009 economic crisis and thrived since.

The failure of Ninja Blocks and Moore’s Cloud really tell us we’re in the early days of the IoT and the business models and technologies are not certain. It’s also a commentary on the risks involved in startup businesses, as investor Dave McClure says, “not every one will be a unicorn.”

As the markets grow and the technologies evolve we’ll be seeing many more IoT startups, few will become billion dollar unicorns and many will fail. That’s the nature of new industries.

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Beacons and the hype cycle

Industry experts believe beacon technologies are being overhyped in the retail sector.

Are beacon technologies being overhyped? Some industry experts believe they are in the retail sector.

This week’s Netsuite Suiteworld conference had a heavy focus on the retail industry and one of the points being strongly made is that beacon technologies are a long way from prime time in the sector.

A reason for this is the current clunkiness of beacon driven apps points out Miya Knights, Senior Research Analyst of IDC Retail Insights, “customers have to go through the rigmarole of downloading apps, accepting permissions and so on. It’s too hard.”

One of the answers to this could be in creating compelling reasons to install the app, at the eBay Innovation Showcase last year the company showed off some of the potential with how a connected sports stadium could make ticketing easier while improving access to food and drink concessions.

However for many stores Knights’ point is going to remain a problem as creating a value proposition that encourages time and attention poor customers to enable apps will be difficult.

On the other hand, it may well be that beacon technologies are currently better suited in being used for the business operations in roles such as stock control and point of sale systems.

For the beacons themselves it’s likely we’re seeing the hype cycle in action with the technology grinding its way to The Peak of Inflated expectations.

Should it be the case that beacons could be about to become unfashionable, then we’ll start to see the technology find its industrial role.

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Microsoft builds its future

Microsoft makes a statement on its future

A billion devices running Windows 10 was the promise made by Microsoft at the company’s Build Conference in San Francisco yesterday.

The ambition is based upon delivering the system on devices ranging from desktop computers down to the embedded systems on Internet of Things devices.

 

As part of the drive to get onto the IoT, Microsoft also announced Windows 10 initiatives for the makers’ community with various programs for Arduino, Raspberry Pi and Intel’s Minnowboard.

At the same time the company announced how some software will soon be able to run on iPhones and Android devices with an extended Software Developers Kit.

While this makes Windows more attractive for developers who no longer have to develop different versions for the Microsoft product, it’s also an admission the company’s phone strategy has failed.

For Microsoft yesterday’s Build Conference was the opportunity for the company to show their vision of the market’s future that involves computers, mobile devices, the cloud and the Internet of Things.

Whether Microsoft is part of that future is the main concern of CEO Satya Nadella.

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