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  • 8/6/2019 March 29 Business Gets Social Vliu Jroster

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    This presentation, including any supporting materials, is owned by Gartner, Inc. and/or its affiliates and is for the sole use of the intended Gartner audience or otherauthorized recipients. This presentation may contain information that is confidential, proprietary or otherwise legally protected, and it may not be further copied,distributed or publicly displayed without the express written permission of Gartner, Inc. or its affiliates.

    2011 Gartner, Inc. and/or its affiliates. All rights reserved. 0

    65% ofFortune 1000

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    55Conferences

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    in 80Countries

    100,000IT End-User

    Inquiries

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    Enterprises

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    Welcome!Thank you for joining us on todays Gartner webinar.

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    This presentation, including any supporting materials, is owned by Gartner, Inc. and/or its affiliates and is for the sole use of the intended Gartner audience or otherauthorized recipients. This presentation may contain information that is confidential, proprietary or otherwise legally protected, and it may not be further copied,distributed or publicly displayed without the express written permission of Gartner, Inc. or its affiliates.

    2011 Gartner, Inc. and/or its affiliates. All rights reserved.

    Venecia K. Liu, Research DirectorJeff Roster, Research VP

    March 29, 2011

    Gartner Webinar:Business Gets Social: Social Media Toolsand Sites, Buyers and Budgets

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    Key Issues

    What are the industry adoption patterns andchallenges for social media?

    Which social media tools and social networkingsites are hot, and which are not?

    How much are companies spending on socialmedia and who owns the budget?

    3

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    50 to 99employees

    3%

    100 to 999employees

    22%

    1,000 to2,499

    employees13%

    2,500 to4,999

    employees9%

    5,000 to9,999

    employees12%

    10,000 or

    moreemployees41%

    Gartner 2011 Social Media Survey

    4

    Online survey conducted from Dec.2010 to Jan. 2011 About 50% of 4,321 survey participants

    have a social media presence 798 qualified respondents were

    active in social media and werepersonally knowledgeable aboutor responsiblefor planning, evaluation or selectionof social media & collaborationwithin their organizations.

    Roughly half of the respondentswere from U.S. vs. U.K. and halffrom IT vs. Marketing

    Companies with less than 50employees were screened out

    N = 798Source: Gartner Social Media Survey, March 2011

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    Social Media and Collaboration ToolAdoption: Telecom Industry Leads

    5

    N = 4,321Source: Gartner Social Media Survey, March 2011

    33

    3641

    42

    48

    49

    49

    51

    55

    56

    57

    59

    63

    68

    0 10 20 30 40 50 60 70 80

    Other

    RetailWholesale

    Healthcare Providers

    Government

    Transportation

    Manufacturing

    Utilities

    Insurance

    Banking and Securities

    Services

    Education

    Media

    Telecom

    Percentage of Respondents

    Screener Q. Does your organization currently use and/or participate in social media and collaboration tools suchas Wikis, blogs, RSS, web chats, or podcasts for business purposes either for internal or externalcommunication and collaboration?

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    Social Networking Site Usage:Lag in Banking and Securities

    6

    N = 4,321Source: Gartner Social Media Survey, March 2011

    46

    3435

    38

    38

    42

    44

    4647

    49

    52

    56

    58

    77

    0 10 20 30 40 50 60 70 80 90

    Other

    Banking and SecuritiesWholesale

    Healthcare Providers

    Services

    Utilities

    Transportation

    ManufacturingInsurance

    Government

    Retail

    Telecom

    Education

    Media

    Percentage of Respondents

    Screener Q: Does your organization currently use and/or participate in social networking sites such asFacebook, YouTube, Twitter, SecondLife, Foursquare or an equivalent, for use either internally orexternally?

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    Heat Map for Social Media DriversAcross Industries

    H e a

    l t h c a r e

    T r a n s p o r t a t

    i o n

    M a n u f a c

    t u r i n g

    B a n

    k i n g

    R e t a i

    l

    W h o l e s a

    l e

    I n s u r a n c e

    T e l e c o m

    M e d

    i a

    G o v e r n m e n

    t

    Improve Communications

    Idea Creation/Creativity

    Problem Solving

    Generate Revenue

    Sharing/Knowledge Transfer

    Brand Enhancement

    Enhance Teamwork

    Retain Customer Loyalty

    Enhance Productivity

    Decrease Marketing Costs

    Lead Generation

    Keeping up with Peers

    Significant factor Somewhat of a factor Small factor

    7

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    Heat Map on Social Media InhibitorsAcross Industries

    H e a

    l t h c a r e

    T r a n s p o r t a t

    i o n

    M a n u

    f a c t u r

    i n g

    B a n

    k i n g

    R e t a i

    l

    W h o

    l e

    s a l e

    I n s u r a n c e

    T e l e c o m

    M e d

    i a

    G o v e r n m e n

    t

    Unclear ROI

    Lack of Strategy

    Lack of Understanding

    Loss of Control

    Lack of IT skills

    Lack of Executive Support

    Lack of Funding

    Data Risk/Concern of ExposureRegulatory Hurdles

    Security Concerns

    Loss of Productivity

    Significant factor Somewhat of a factor Small factor

    8

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    Social Media:Top Technical Challenges

    Content Management Monitoring Analytics and/or

    Datamining Integration Challenges Linking Social Media to

    Databases

    9

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    Key Issues

    What are the industry adoption patterns andchallenges for social media? Which social media tools and social networking

    sites are hot, and which are not? How much are companies spending on social

    media and who owns the budget?

    10

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    48

    47

    39

    35

    31

    30

    30

    29

    26

    22

    20

    159

    21

    15

    22

    20

    21

    23

    18

    20

    18

    20

    13

    2012

    5

    5

    9

    8

    9

    10

    8

    7

    9

    8

    9

    108

    0 10 20 30 40 50 60 70 80

    Online video

    Instant messagin g (IM)

    Webcasts

    Web chats

    Microblogs

    Blogs

    Tags

    Forums, user groups

    Podcasts

    Wikis

    Location based services

    Vlogs- video blogsCrowdsourcing

    Percentage of Respondents

    Fu ll Deployment Limited Deploymen t Pilotin g

    Tools: Whats Hot and Whats Not

    11

    N = 798Source: Gartner Social Media Survey, March 2011

    Q: Thinking about your organization's social software deployments for collaboration and social networking in theworkplace, please indicate what phase of technology adoption your organization is currently in for each tool?

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    Social Networking Sites:Whats Hot and Whats Not

    12

    N = 798Source: Gartner Social Media Survey, March 2011

    80

    74

    70

    63

    61

    43

    26

    12

    11

    9

    8

    5

    43

    6

    6

    8

    9

    9

    10

    4

    10

    4

    4

    4

    6

    54

    6

    8

    7

    7

    6

    11

    4

    11

    7

    6

    6

    5

    77

    0 20 40 60 80 100

    Facebook

    Twitter

    YouTube

    Proprietary internally created networking site

    LinkedIn

    Proprietary external ly created community or site

    MySpace

    Foursquare

    Vimeo

    Bebo

    SecondLife

    Technorati

    JoostRevveer

    Percentage of Respondents

    Cu rren tly Usin g Plan to with in 6 mon th s Plan to with in 6-12 mon th s

    Q: For each of the following social network sites, please indicate whether your organization currently uses thatsite, plans to use in the next six months, plans to use in the next six to 12 months, or has no plans to use in the

    next 12 months.

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    Customer Service on Twitter

    13

    Q. Which of the following statements describe your organization's activities onTwitter?

    N = 590Multiple responses allowedSource: Gartner Social Media Survey, March 2011

    70

    48

    37

    28

    25

    22

    9

    4

    7

    0 20 40 60 80

    We use Twitter for product announcement

    We use Twitter for customer service

    We use Twitter to track users

    We promote discounts, coupon codes

    Use Promoted Tweets

    Use Promoted Trends (advertising)

    We currently do not use Promoted Tweetsbut plan to in the next 6 months

    We currently do not use Promoted Trends

    but plan to in the next 6 monthsNone of the above

    Percentage of Respondents

    http://topnews.in/files/Twitter-Logo.jpg
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    Context Aware Computing:Foursquare for Business

    14

    Q. Which of the following statements describe your organization's activities onFoursquare?

    N = 93Multiple responses allowedSource: Gartner Social Media Survey, March 2011

    55

    49

    38

    27

    22

    13

    12

    10

    0 10 20 30 40 50 60

    Our venue is listed on Foursquare

    We are tracking customer engagement

    We use Foursquare to identify customers

    We use Check-in specials

    We use Frequency based specials

    We use Wildcard specials

    We use Mayor Specials

    None of the above

    Percentage of Respondents

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    Key Issues

    What are the industry adoption patterns andchallenges for social media? Which social media tools and social networking

    sites are hot, and which are not? How much are companies spending on social

    media and who owns the budget?

    15

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    Social Media Ad Campaign Budgets

    16

    Q: What percentage of your organization's advertising campaign budget in fiscalyear 2010 is allocated to social media advertising spending?

    N = 398Source: Gartner Social Media Survey, March 2011

    13

    14

    16

    10

    9

    4

    7

    2

    1

    1

    25

    0 5 10 15 20 25 30

    Less than 1%

    1% to less than 3%

    3% to less than 5%

    5% to less than 10%

    10% to less than 15%

    15% to less than 20%

    20% to less than 30%

    30% to less than 40%

    40% to less than 50%

    50% or more

    Don't Know

    Percentage of Respondents

    Average Budget: 8.84%

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    Marketingbudget

    43%

    IT budget17%

    Don't Know13%

    Does not incurfinancial cost

    14%

    EnterpriseBudget

    7%

    Other businessunits outside of

    IT and Marketingsuch as Legal,

    HR, R&D6%

    Marketingbudget

    40%

    IT budget25%

    Don't Know14%

    Does not incurfinancial cost

    10%

    EnterpriseBudget

    6%

    Other businessunits outside of

    IT and Marketingsuch as Legal,

    HR, R&D5%

    Majority of Social Media and CollaborationSoftware Costs from Marketing Department

    17

    U.K. Respondents (N = 160)U.S. Respondents (N = 172)Source: Gartner Social Media Survey, March 2011

    Q. Which of the following best describes the cost structure of social media andcollaboration tools and software within your organization?

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    Key Findings from Social Media Study

    While Facebook, YouTube, and Twitter lead in socialnetworking sites, respondents show interest inFourSquare for 6 to 12 months out

    Video Dominates Social Media Tool Adoption

    Twitter Use of Customer Service Gaining Traction Communications Industry Leads in Tool Adoption and

    Media Industry Leads in Social Networking Site Adoption. Social Media and collaboration software costs mostly

    originate from Marketing Department.

    18

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    Recommendations

    19

    For Tech ProvidersTrack and investigate marketplayers- software, monitoringtools, etc. - it continues to morph

    Target specific messaging to keystakeholders and industries

    Identify key business processesby industry, social BPM

    Build architecture and workflowto link social media into overallIT systems (database, contentmanagement systems)

    For IT MarketersIntegrate Social Media into theCorporate Communications Plan

    Build Brands on targeted

    ChannelsSet Policy and Conduct MediaTraining for Participants

    Establish a R3 Team (Recourse,Real-Time, Response) Team

    Monitor Social Media Channel

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    Vertical Industries Research Team

    Robert L. Goodwin MVPVertical Industries and Software Research GroupTransportation

    Contributing Analysts

    Susan CournoyerMVP, Vertical Industries Financial Services

    Jeff RosterResearch VP Retail

    Kenneth F. Brant

    Research Director Manufacturing

    Derry N. FinkeldeyPrincipal Analyst InsuranceVertical Industries, APAC

    Venecia LiuResearch Director Media & Communications

    Rishi SoodResearch VP Government

    Robert P. Anderson

    Research VP Wholesale & Distribution

    Vittorio DOrazioResearch Director Financial ServicesVertical Industries, EMEA

    Kristine PfeilerResearch Director Financial Services

    Joslyn Faust

    Principal Analyst Communications

    John-David LovelockResearch VP Group Forecast Director,Healthcare

    Rika NarasawaResearch Analyst Vertical Industries, Japan

    Vertical Industries

    Marianne DAquilaSr. Research Analyst Vertical Specific Software

    20

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    Published Research User Survey Analysis: U.S. and U.K. Social-Media Activity and Adoption Across

    Industries, 2011 Market Trends: Social Media in Banking and Investment Services, Western Markets, 2011 Business Gets Social Case Study: Using Social Media to Deepen Partner Relationships, an Inside Look at the

    Oracle Partner Network

    Magic Quadrant for Externally Facing Social Software Toolkit: Employing a Purpose Road Map to Build and Execute a Social-Media Strategy Defining A Social Media Strategy: Identify Audience and Engagement Social BPM: Design by Doing Market Share: Web Conferencing, Teaming, and Enterprise Social Software, Worldwide,

    2009 Market Trends: Web Content Management Market is Driven by Enhancements to Online

    Channels, Worldwide, 2010 Look Beyond Marketing for Competitive Advantage With Social Media The Six Core Principles of Social-Media-Based Collaboration

    21

    http://scone.gartner.com:4001/webdv/doc_display?Doccode=172930
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    Visit gartner.com/symposium

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