| By Kevin Benedict | Article Rating: |
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| January 9, 2013 01:19 PM EST | Reads: |
337 |
There was an interesting article by John Letzing in the The Wall Street Journal on December 18, 2012, titled Twitter Creates New TV Metric. It was about a new partnership between Twitter and the TV ratings giant Nielsen Co. Apparently, Twitter becomes very active around different TV shows and Nielsen wants to be able to monitor and report on this activity.Letzing writes that the joint service called, Nielsen Twitter TV Rating, will develop a metric based on Twitter activity. These days, TV viewers increasingly have one hand on the remote and the other on their smartphone tweeting. The new service will gauge "the reach of the TV conversation on Twitter," and provide "TV networks and advertisers the real-time metrics required to understand TV audience social activity."
This is a fascinating development to me. It is a real-time-virtual-meets-human-meets-virtual-meets-bigdata (#VMHMVMBD) solution. My apologies for the acronym. It just seemed like a requirement. This kind of real-time feedback has the potential to significantly impact broadcasters, TV production companies and the advertising industry. I can imagine companies wanting to get immediate viewer feedback on new ad campaigns before making long term commitments. I can see completely new business models erupting based on real-time tweets. I can see companies connecting ad agency fees and contractual terms to the real-time social sentiment.
This partnership demonstrates more time-space compression. There is less time between an event and event feedback. Less time between feedback and adjustments or changes. Viewers opinions from across a wide geographical landscape are immediately known.
The increasing pace of business introduced by social, mobile, analytics and cloud solutions will be a very interesting development in 2013.
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Published January 9, 2013 Reads 337
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Kevin Benedict is an enterprise mobility analyst, mobile strategy consultant, writer, speaker and SAP Mentor Alumnus. Follow him on Twitter @krbenedict. He is a popular speaker around the world on the topic of enterprise mobility. He maintains a busy schedule writing and speaking at events in North America, Asia and Europe. He has over 22 years of experience working with enterprise software applications and has built a mobile enterprise software company from the ground up that experienced 100% year-over-year growth for 4 straight years.
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