| Pleasanton,
CA – January 2012 / Hospitality 1ST / The New Year brings new possibilities
for virtual meeting technologies and virtual meeting organizers reports
Michael Doyle, founder of Virtual
Edge Institute. As the organization prepares to bring together leaders
from the digital meeting industry at the 2012 Virtual
Edge Summit in San Diego, CA from January 9-12, Doyle released his
top seven predictions for the virtual meetings industry for 2012.
1.
More movement toward a simpler “less is more” approach
The
trend toward a more simplified, web page-based graphical interface for
online events and meetings will continue in 2012. Platform vendors are
moving in the “less is better” direction with their new versions.
2.
More embedded event and meeting solutions
Events
in 2012 will be open and easily accessible to attendees wherever they are
located. Many event and meeting producers will want to take some code and
embed their events and learning
programs into their existing websites to simplify the attendee experience.
3.
More convergence of event technology
The
competitive edge will go to those vendors who have the ability to converge
registration, website, mobile, community/networking and virtual extensions
into a single solution. Most digital event solution providers will continue
to move toward open architecture and a modular approach that will allow
the embedding of elements driven by physical event registration and mobile
communication systems.
4.
More 365 environments
Although
there will always be the need for online environments for single events,
the trend will be toward building perpetual environments that are available
year-round to allow for better utilization and monetization of content.
Users and producers alike will seek easy-to-use solutions that include
their history, sufficient storage for recorded materials and a familiar
social network.
5.
More shuttering of virtual event platforms
“Currently,
there are too many virtual event platforms with too few distinctions,”
Doyle explains. “Mobile technology has changed the game and what was a
workable platform six months ago is now on the verge of being leapfrogged.
That being the case, we will likely see new entrants that come into the
market based on the latest web services, mobile and cloud architecture
as others continue to drop off the radar screen.”
6.
More predictable pricing models and shared risk/reward
In
2012, more simplified and more predictable pricing models will emerge.
Some technology providers will choose a true Software as a Service (SaaS)
model with limited services, while others will focus more on the services
than on the technology platform. Some of these services will be geared
toward making the event producer more successful from an ROI standpoint
and we’ll see compensation models that reward or share in success.
7.
More facilities will bring their Internet costs down while others will
go “plug ‘n play”
Internet
charges for streaming content from events and meetings will come down as
the strategic value of hybrid events continues to grow. Convention centers
will find it a competitive advantage to offer great connectivity packages
that enable attendees and event producers to share their event experiences
via low or no-cost Internet and Wi-Fi. Some centers will also seek to become
leaders in the digital revolution by offering in-house streaming studios,
streaming services and built-in virtual presenter solutions. Event producers
will need to negotiate the digital elements of their physical events before
they sign their facility rental contract to get the best deals.
“To
summarize,” Doyle notes, “the theme is ‘more, more, more’ for 2012, though
not necessarily more of the same. Experimentation and ongoing adjustment
to digital strategies will be with us for the foreseeable future as we
strive to add value to event, meeting, marketing and learning programs
with an ever-growing arsenal of digital tools.”
For
more information about Virtual Edge Institute, visit www.VirtualEdgeInstitute.com.
Participants can still register for the 2012 Virtual Edge Summit at www.VirtualEdgeSummit.com.
About
Virtual Edge Institute
The
Virtual Edge Institute (VEI) is an international organization dedicated
to advancing the development and adoption of virtual event and meeting
technology and best practices for collaboration and marketing. VEI supports
and contributes to research, education, thought leadership, promotion,
and professional networking. The organization will host the 2012
Virtual Edge Summit in San Diego, CA, January 9-12, 2012. For more
information visit www.VirtualEdgeInstitute.com.
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About
Michael Doyle
Michael
Doyle (pictured) is the founder of the Virtual Edge Institute. He is a
20-year veteran of trade shows, magazines and online publishing with extensive
marketing, content and business development experience.
Media
Contact:
Laura
Welsh
Virtual
Edge Institute
317-409-8663
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