Raja Jasti’s Blog - Renaissance Thinking

August 3, 2010

Gaming overtakes Email

Filed under: Entertainment, Internet, Trends — Raja @ 10:28 am

Nielsen reports that Americans spend more time playing online games than email. No wonder companies such as Zynga and others are minting money.

Top 10 Sectors by Share of U.S. Internet Time
RANK Category Share of Time
June 2010		 Share of Time
June 2009		 % Change in
Share of Time
1 Social Networks 22.7% 15.8% 43%
2 Online Games 10.2% 9.3% 10%
3 E-mail 8.3% 11.5% -28%
4 Portals 4.4% 5.5% -19%
5 Instant Messaging 4.0% 4.7% -15%
6 Videos/Movies 3.9% 3.5% 12%
7 Search 3.5% 3.4% 1%
8 Software Manufacturers 3.3% 3.3% 0%
9 Multi-category Entertainment 2.8% 3.0% -7%
10 Classifieds/Auctions 2.7% 2.7% -2%
Other 34.3% 37.3% -8%
Source: The Nielsen Company

June 20, 2010

Video: Dennis Crowley of Foursquare

Filed under: Mobile, Trends — Raja @ 9:47 am

Erick Schofield interviews Dennis Crowley, CEO of Foursquare.

June 19, 2010

Zynga = Dreamworks of the Social Web

Filed under: Entertainment, Entrepreneurship, Internet, Media, Trends — Raja @ 10:21 am

I read a quote from Om Malik saying that Zynga is the Dreamworks of the social web. That’s exactly right.

Think of social networks as malls with movie theaters. Social gaming companies such as Zynga, Playdom, Playfish etc. are like movie studios. How does the Hollywood of social gaming look like? Movie industry is not winner take all. There is room for many studios. This is the same for social gaming.  These are early years of building out the new Hollywood of the social web. These are exciting times.

June 18, 2010

E-commerce is hot

Filed under: Business, Internet, Trends — Raja @ 1:13 pm

Sramana Mitra writes about the e-commerce gold rush.

According to some analyst estimates, nearly 20,000 entrepreneurs now open online storefronts every week, and growth in e-commerce sales continues to outstrip that of sales in physical stores. Early online players such as Dell and Starbucks are now joined by luxury watchmaker Longines and clothing designer Roberto Cavalli.

In 1998, online retail sales accounted for about 0.5% of all retail sales in the United States. Dell was one of the only companies truly succeeding with online retailing in the mid-nineties. By the end of 1997, Dell was the first company to record $1 million in online sales.

Forrester predicts that the U.S. e-commerce market will increase from $176.9 billion in 2010 to $229.1 billion in 2013.

During the gold rush, the entrepreneurs who steadily built fortunes were not only those who sought gold, but also those who made the shovels.

Forrester Research also released a five-year forecast for the e-commerce industry in March 2010. According to this report, apparel, computers, and consumer electronics represented more than 44% of online sales ($67.6 billion) in 2009.

Today, the U.S. economy still gasps after the great recession, with only census jobs being added to the country’s payroll. People tired of looking for jobs that do not come are taking destiny in their own hands. In their bedrooms and basements, e-commerce companies are cropping up everywhere.

June 11, 2010

Web Video goes Prime Time

Filed under: Entertainment, Internet, Media, Trends — Raja @ 11:19 am

Prime time is no more about just TV. More and more people are now watching web videos during TV prime time.

[PRIMETIME1] Blip.tv

Scenes from Blip.tv’s ‘Anyone But Me’ (above) and ‘All’s Faire’ Web shows

Original Web series are finding a niche at night.

In a change from traditional online-video watching, which was built during daytime, providers of free original Web content and others that rerun TV programs are reporting strong viewership gains during evening hours.

At Blip.tv, which distributes tens of thousands of independent online video shows, peak viewing time has moved from 12 p.m. to 3 p.m. a year ago to 8 p.m. to 11 p.m. across U.S. time zones.

Online video service Revision3’s prime-time views now top lunchtime views by 20%, a change from last year. Evening viewing at video site Break.com has grown 18% in the past eight months, while daytime viewing was up less than 5% in the same period.

The shift is likely to create new opportunities for Internet video providers, including access to new distribution platforms and premium advertisers. It also signals that Internet video providers could eventually lure people away from traditional television, analysts say—something the emerging industry has failed to do to date.

The rise in prime-time viewing also underscores how consumers are opening up to a wider array of content during nighttime, habits that will shape what they watch when they can get Internet and TV content on one device, said James McQuivey, an analyst at researcher Forrester Research.

“The moment we start doing more prime time Internet video viewing on the TV, then Internet video is actually competing with old-school television,” he said.

June 7, 2010

Presentation: Mary Meeker on Mobile and Web Trends

Filed under: Internet, Mobile, Trends — Raja @ 4:19 pm

Mary Meeker says the golden age of online and mobile advertising is finally here.

Meeker said that smartphone shipments will soon exceed those of PCs shipped (both desktops and notebooks), likely in 2012, in what she called an “inflection point” for mobile advertising and e-commerce. Smartphone shipments should also overtake the number of regular (in other words, not Internet-enabled) handsets shipped sometime next year, she said. Meanwhile, use of mobile apps and mobile browsers has doubled in the past year, she noted, adding that the U.S. passed Japan as the country with the most 3G users last year, with more than 123 million to Japan’s 99 million.

The biggest sign of a potential boom in online advertising, according to the Morgan Stanley analyst, is the gap between the time users spend with various forms of media and the amount of money advertisers are devoting them, which she said was still “out of whack.” In particular, time spent with print makes up just 12 percent of users’ media consumption habits, but consumes 26 percent of the ad dollars; Internet usage, meanwhile, accounts for 28 percent of media consumption but just 13 percent of the advertising dollars spent. That, Meeker said, is “a $50 billion opportunity.”

Internet Trends 2010 by Morgan Stanley Research

View more presentations from CM Summit: Marketing in Real Time.

June 6, 2010

Video: Marissa Mayer on Explosion of Data

Filed under: Technology, Trends — Raja @ 12:57 pm
Innovation at Google: the physics of data [PARC Forum]

View more videos from PARC (Palo Alto Research Center).

June 4, 2010

Presentation: The Future of Netflix

Filed under: Entertainment, Media, Trends — Raja @ 8:36 pm

I love Netflix the service and the company. Reed Hastings is a brilliant entrepreneur. Here is their outlook on their future:

Netflix Business Opportunity
View more presentations from reed2002.
Here is a long but inspiring presentation on their culture:
Culture
View more presentations from Reed Hastings.

May 20, 2010

Native apps or Web apps

Filed under: Internet, Mobile, Technology, Trends — Raja @ 9:54 am

Sergey Brin sees them converging in the not too distant future.

Google co-founder Sergey Brin went further. “These models are likely to converge in the future. And not the too distant future,” Brin says.

He notes that during the keynote today, we got a glimpse at how the HTML model is coming along. Web apps are now able to go offline, and they can have richer graphics thanks to HTML5. “It’s getting similar to app frameworks,” he says. He also notes that there are benefits to using web apps versus native apps, such as the lack of installation, and certain aspects of security. ”It’s headed in a positive direction, but these are fairly recent developments,” Brin says.

Brin acknowledges that for now, the market is proving the need for native apps. The current generation of cellphones aren’t quite powerful enough, and HTML5 isn’t quite developed enough, he notes. Pichai also notes that screen sizes on mobile devices makes native apps more enticing as well.

As I keep saying mobile web will just be web in a few years. The mobile ecosystem today is similar to the PC ecoystem in the early 80s. There will always be some native apps just as there are desktop apps now, but future web apps will run on many devices such as computers, mobile phones, tablet devices, TVs etc.

May 4, 2010

Facebook and Twitter gain ground in 2010 in US

Filed under: Internet, Trends — Raja @ 1:18 pm

Nielsen reports:

 

us-social-march2010

 

Facebook and twitter see huge growth. Suprisingly LinkedIn sees a small drop.

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