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Twitter beats Second Life? Did Facebook get overlooked?

By | March 18, 2009, 8:07am PDT

Summary: There’s winning and winning long-term…. I saw a great piece by Paul Gillin in BtoB magazine last month. Paul took his readers back in time to remember the hoopla, promise and excitement that accompanied Second Life’s birthing. That excitement, like many IT fads is now accorded to Twitter. Paul makes a few really good points [...]

There’s winning and winning long-term….

I saw a great piece by Paul Gillin in BtoB magazine last month. Paul took his readers back in time to remember the hoopla, promise and excitement that accompanied Second Life’s birthing. That excitement, like many IT fads is now accorded to Twitter.

Paul makes a few really good points and I am sure that the limitations of his column prevented him from taking the assessment even further. For my two cents, I would have added an additional transition phase between Second Life and Twitter: Facebook.

In just the last few weeks, I have seen several traditional media outlets run stories that show how Facebook is now being used by grandparents, businesses, etc. Typically, these stories show how ‘yucky’ it is for some tween/college student to discover that their grandpa wants to connect with them on Facebook.

Apparently, when a ‘hot’ technology gets picked up by an older generation, then it is already on the back side of its product life cycle. In other words, the product is closer than ever to becoming passé. Although the case with Twitter may be that it is going from a cool, hip technology that appeals to specific demographic to a technology that is going mainstream.

My desk and briefcase are full of ‘mainstream’ technologies and a few that time has passed by altogether. I do my kids a favor and stay away from their favorite technologies and they usually return the favor. Although it is really is fun when the two universes (hip/cool meets mainstream) collide.

If you sell technology, the end game is always moving your solution into the mainstream as the landscape is littered with product flameouts. Technology with no staying power is akin to teen fashions: hot one day and cold the next. Where is your solution/firm?

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Brian is currently CEO of TechVentive, a strategy consultancy serving technology providers and other firms. He is also a research analyst with Vital Analysis.

Disclosure

Brian Sommer

I am co-owner of TechVentive, Inc. The company has been engaged on numerous consulting engagements, often for technology firms, service firms and litigators. As a general rule, I do not write about current clients of TechVentive. Should that occur, I will note this in blogs. Readers should assume that I have had client relationships with many ERP and other technology providers. Some of these relationships may be quite small and short-lived while others more significant. One of TechVentive's business units publishes research reports about technology providers. As a result, this business receives small amounts of revenues from a wide variety of software firms, software buyers and others when they purchase copies of reports. Some firms do secure reprint rights to these reports. None of these purchases, individually, represents a significant amount of total revenue for me and the nature of it is hard to predict where it will come from. I also provide some marketing strategy and/or market segmentation work for software firms as I have developed a unique database that segments the largest 4000+ technology buyers in the world. Many technology firms periodically engage me for unique views into this database for future marketing campaigns. I do not blog about these efforts and do not blog about client firms while they are active clients unless some pressing news story erupts. If that event occurs, I will indicate any perceived or real conflict of interest. Occasionally, I will develop unique intellectual property pieces for technology or service providers. If I should blog about a vendor with whom I have recently developed a special information product, I will note this in a blog to avoid any appearance, real or unintended, of bias. For the most part, I have no investments in technology firms. While I've been offered friends and family stock and other inducements in the past, I have steadfastly refused these. I used to be a partner with Andersen Consulting and had no ownership stake in the firm for many years. I frequently refer to this in my blogs and do not hide my prior association with the company. I did purchase a few shares of Accenture and Cognizant stock in late - 2008. I have sold some of those positions in late 2009. Readers should assume that most software conferences that I write about involved some measure of fees waived and/or travel reimbursement. I do not charge vendors to attend these events nor will I accept payment for same. I do get reimbursed for many speaking engagements. I generally note at the end of blogs whether the vendor reimbursed me for travel expenses. Generally, this includes airfare and hotel. I do not request, receive nor accept travel perks such as first class airfare.

Biography

Brian Sommer

Brian is in a unique position to diagnosis the winners and the losers in technology and services. He was the longest running (10 years) and most senior director of Andersen Consulting's (now Accenture's) global Software Intelligence unit - a position that required him to pick the best possible software solutions for hundreds of clients globally. He advised the firm on ERP software market forecasts and helped establish manpower planning estimates by vendor for deployment globally.

Brian continues to remain close to technology buyers and sellers. When he left Andersen Consulting, he co-created a dot-com with blogger and former arch-enemy at Price Waterhouse, Vinnie Mirchandani. That firm helped broker efficient services contracts between software buyers and systems integrators. Since then, he's created TechVentive, Inc. - a company that helps technology firms better understand their markets - and Vital Analysis - the research and publishing arm of TechVentive.

Brian still travels the world and publishes an impressive number of articles, research reports and blog posts annually to help software and services buyers make better business decisions. He can be reached at: brian @ vitalanalysis.com

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