A couple of weeks ago, I had the privledge of speaking at Webtrends Engage 2010, their annual user conference. Each speaker was given 5 minutes to present a keynote. Here’s the link to the video http://tiny.cc/P2xgp
I just read a very good report prepared by the IBM Institute for Business Value entitled, “Beyond Advertising, Choosing a strategic path to the digital consumer.” While the article itself doesn’t contain and new thinking, that I haven’t heard discussed across many of my peer networks and among the analyst community like Forrester Research, what does stand out is that IBM, a technology and business consulting company demonstrates it understands what most agencies and marketing services companies still fail to grasp. What it tells me is that instead of worrying about other agencies, especially the large traditional holding company ad agencies, my real competition is going to become more and more the big consulting firms who see the challenges of marketers for what they really are, business issues, that affect the very core of how a company operates and what will make it successful in the future.
The only solace I can have is the fact that while the big consulting firms can do a good job of identifying the problems, they are not equipped to actually produce integrated brands, marketing programs and technological infrastructure necessary to achieve the solutions they will recommend. That still leaves an open field to companies like Ascentium and Sapient and a handful of others. But we had better not slow down the innovation we bring to our clients, or Big Blue will be pushing us out the door.
All summer, I’ve been planning to jump back into the blogosphere and look what finally pushes me back into writing. Omniture is acquiring Visual Science; two of the best web analytics firms are joining forces. But what am I supposed to make of it all. I had heard the rumors for awhile. It was no secret that Visual Science was looking for a suitor. However the real question is who wins from this deal?
Visual Science customers? I doubt it. They will most likely either be forced to migrate to another platform or suffer the lingering death of diminishing support for a no longer offered product. That assumes that Omniture decides to consolidate products. If they don’t what have they gained? If I were a Visual Science customer, I’d probably be visiting www.webtrends.com soon. I’d love to see what their internal analytics show about their site traffic over the next few weeks.
Omniture- Well, they now are a much bigger company with far more customers. But they also have 2 salesforces, 2 accounting systems, 2 partner networks and all the other duplication that occurs when two competitors merge, especially when most of the product offering overlaps with the other company’s.
WebTrends - I think they may be the winner in the short term. They would be foolish not to get out and call on every single Visual Science customer and feed on their uncertainty.
The Analytics Industry - yes, we will all probably win in the long term if you believe consolidation breeds uniform standards which in turn promotes growth. No we won’t win if oyu believe that consolidation of a market can also stifle innovation.
I guess time will tell, and despite all my questions, I wish everyone good luck with it.