SXSW – Storytelling

SXSW LogoAustin welcomed the 20th SXSW Interactive event. That’s right twenty years. Despite the fact that digital moves at the speed of light, it has a way of creeping up on us. We’ve become so comfortable with it permeating nearly every corner of our lives we hardly notice when it does.

And so there I was in the midst of digital humanity. It’s kind of like being in a tsunami of content. Tens of thousands of smart (and quite polite) people from all over the world in one place sharing ideas, collaborating and connecting.

The question most asked of me was, “Why did you come here and what do you hope to get back for this large time commitment?” I found myself giving a different answer each time I was asked. Or maybe just identifying another layer of the onion which shaped my personal narrative of benefits. Here’s why I attend SXSW.

  • Quality session content presented by knowledgable and experienced professionals
  • Opportunity to see what’s coming next in the expansive exhibit hall
  • Hear directly from politicians, business leaders, entrepreneurs, inventors, icons and media mavens
  • Meet new potential vendors, agencies, partners and customers
  • Conduct business in the context of an innovative atmosphere
  • Reconnect with people from the past and meet your social friends IRL
  • Make cool new friends and followers
  • Network for future opportunities
  • Come back completely exhausted and fully energized

It’s hard to say exactly who should attend SXSW from your company. It’s not obvious what you are going to get out of it. One has to really spend some time thinking about what you’re seeing and experiencing. It has to be carefully observed, listened to and processed. Only then does your own personal narrative will emerge. My advice is send people who thrive in a crowded environment, are gifted observers, good note takers and have stamina to remain focused on about four hours of sleep a night.

There are hundreds of sessions so one must spend a good chunk of time preparing. Reading the titles gives you a window into what people deem important. The words “story or storytelling” appeared in 112 session titles! Why? My opinion is that we have been inventing, innovating, disrupting and layering so fast that we now need time to step back, take a breath and see if we can recognize what we have made. What does it mean? What do we see? Where do we go next?

Sometimes you can tell what’s going on by noticing what people are not talking about. This year there was a lot less hype around mobile, aside from the mobile focused sessions. The cry of “mobile first” has done its job. Message received. We have apps and mobile web and responsive design. Mobile is an “extension” of almost everything now, Our smartphones are a swiss army knife and that’s the problem. They are maddeningly distracting. Show-rooming gets a lot of notice, but shopping is a flow that is best not interrupted or you have an abandoned cart. We begin to shop and then there’s the call of Twitter or Facebook or Text that takes us off track. Solving this problem is what’s next for mobile. Delivery of relevant content that can garner the same interest as a text from a friend would be awesome. So much of what people are doing now on mobile are either payments or offers related. Of course we love Angry Birds, but it’s time now for mobile to get down to business.

The white space left by the volume on mobile being turned down this year has been filled with stories. I noticed a more than usual amount of personal life content in many of  the sessions. They delved into their past, even their childhood, to paint a personal narrative of what motivated them and what fuels their passion.

Here are my notes from the first day, Friday, March 8, 2013

Opening Remarks – Bre Pettis

Bre Pettis is co-founder of MakerBot, a 3-D printer manufacturer. He told his story showing photos of himself as an 8 year old interested in taking things apart and putting them back together. The narrative progressed to the early days of MakerBot and how the team worked almost around the clock to realize their dream. He is deeply passionate about building this printer to help people create and build.

Maker Bot opens the world of creation the way Dreamweaver opened the way to making web sites. — Bre Pettis

He launched thingverse.com in 2008, a web site that has thousands of templates and examples of things you can make with a MakerBot. Their biggest customer is NASA, who uses it to build prototypes, saving them hundreds of thousands of dollars on each project. One of the best stories he shared was a about a the collaboration between two gentlemen who are using the MakerBot to build prototype hands for that will eventually become prosthetics for children who were born with no hands or fingers. He introduced a new product called The Digitizer. A small contraption that uses lasers to scan in an object and upload it directly to the MakerBot, eliminating the need to know CAD software to create the template. They have a store in New York where you can visit and have a likeness of yourself printed for free. Mr. Pettis was humble and inspiring. I want a MakerBot.

Tales of US Entrepreneurship Beyond Silicon Valley – Alexis Ohanian

Alexis OhanianThe Internet wants, needs to be kept as open as possible. As it has grown in influence and usage it was only a matter of time before politics and legislation would leave its mark. Alexis Ohanian, co-founder of Reddit and Internet activist talked about the growing number of entrepreneurs outside Silicon Valley. Small towns using the Internet to start businesses and people connecting online then moving to the physical world to manifest their ideas. He chartered an across the country bus trip and documented these travels in a film. Proof that the Internet of things is the Internet of things. Mr. Ohanian is concerned about the encroachment of regulation on digital assets. He feels that your digital footprint should be protected with the same vigor as all other personal content. Through due process, court orders an search warrants. Not a broad shut down policy or request to get at the information.

Technology, Imagination and Exponential Thinking – Jason Silva

Jason Silva is a futurist, filmmaker and epiphany addict. That’s how he describes himself. I would not disagree, but would add that he is also a 5 hour energy drink. He did not hold still for even a millisecond onstage. You got the feeling that he is a perpetual steeping pot ready to go off any second. His talk spanned just about everything related to the web, human nature, physics, the future. You name it and he talked about it. He was the perfect end of day speaker, raising the energy bar and sending everyone off on a high. I won’t even try to describe what he does. The only way to understand is to watch.

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Jason Silva
Me with Jason Silva

So many of the speakers are approachable and happy to talk along the way. I ran into Jason the following day in one of the lounges and he took the time to connect and engage. Not promote himself, but talk and ask me what I thought. This kind of interaction opportunity is rare. Another benefit of SXSW.

There you have my snapshot of day one! More to come.

Finovate. Worth the Wait

I attended Finovate 2009 (Financial Innovation) in New York on Tuesday, September 29th. I love this format. Thirty-two companies show-up to present their next generation releases and try to convince banks and credit card issuers to buy their solutions and embed them into their online environments. Here’s the really cool part. Each firm gets only 7 minutes on stage and must demo their wares, no PowerPoint allowed.

FinnovateLogo

You don’t want to go first or last here, but in my opinion the pre-lunch slots were the best in terms of keeping the audience’s attention and avoiding the numbing blur of one demo after another. There were a lot of mobile solutions, particularly for payments, as well as personal financial management applications and a sprinkling of social/community. Needless to say I won’t be summarizing all of them, but I want to make mention of the ones I found most interesting based on the following criteria.

  • Utility
  • Uniqueness
  • Innovative
  • Good user experience
  • Helps financial firms solve problems
  • Presentation quality

BrightScope – They had a mission statement. “Help Americans Retire in Dignity.” Their research showed a large percentage of Americans rely heavily on their 401k to support them after they stop working. Their online application rates over 10,000 plans with a simple score and shows you where yours stacks up vs. others. If your plan isn’t there, you can request it be added and in most cases it’s up within two weeks. It has a neat projection tool that calculates shortfalls in money, or additional years you may need to work. They also have a solution for plan advisors as well. I mention them because retirement is being re-thought by almost everyone in the wake of the downturn. Also for their focus on trying to do one thing and doing it well. Visit them here.

BancVue/First ROI – I know, not a memorable name, but their product is called Kasasa (new day). It’s a turn key co-op solution that helps smaller banks come together and at least have some way of competing with the mega-banks. They focus on the younger market by offering a rewards checking program that pays them in iTunes cash. Spending is only part of the solution. The program encourages saving and giving to charity. The marketing is really crisp and encompassing. They seem to have thought of everything; advertising, customization, all the way down to email reminders. Great presentation and the only firm to bring a customer on stage for a testimonial. This one was my choice for best in show and I found out later, that it actually won it. Visit them here.

Kasasa

TILE Financial – Their observation is today’s wealth is sandwiched between the aging population and their financial advisor. When the inevitable time comes, that wealth, about $1 trillion according to TILE, transfers to survivors and the advisor and her firm loses it. Their solution, The Investing Learning Environment (TILE). It helps manage the shift in assets from one generation to the next while keeping the funds and investments at the firm. Three modules in the application, Spend, Grow and Give help young and old make decisions together as well as reinforce the practice of giving back to the less fortunate. They have an elegant user-interface and a strong feature set that seems usable for seniors, but cool enough for their children. The spend module captures where spending occurs and presents company stock price and carbon footprint adjacent to the transactions, expanding the potential horizons. I spoke with them afterwards because I was curious as to how they were selling the product. It needs to travel from advisor to client to their family in order for the relationship to take hold. They didn’t give me a satisfying answer apart from saying this would be most effective to newer wealth. Visit them here.

Yodlee – In the past Yodlee has always been strong in functionality, but not always the most easy to use UI. This time around they clearly focused on the user experience and presentation layer in their upcoming release. Their MoneyCenter product accounts for 90% of their use cases onto one widgetized screen, eliminating pop-ups, glides and page reloads. These widgets can be dragged around the screen to create a personalized environment. The window is framed off with the ability to house critical stats you always want front and center. And oh yes, it’s now blue. These changes are big moves. Viewing, tracking and paying are all here. They have an interesting feature that shows good and bad days to pay based on your cash flow. They announced a partnership with UltraSoft that will come to the rescue of soon to be abandoned MS Money users. Your data will be fully importable to Yodlee in the near future. Visit them here.

Finovate

iPay Technologies – The women who presented really made their product come alive with the use of personas and storytelling. Tops here. They took us inside the world of a small business owner and their back office assistant as they demonstrated the product. Take away here is, the owners are too busy to bother with the office, and the office managers need help getting direction from the owner. Their solution gives business owners a customer database, online invoicing, online payments and choice of templates for easy personalization. Their get paid faster functionality allows business owners to email the invoice and their customers can click into the iPay site and pay right there. An email summary is produced at the end of each day so keeping track of your money is easy. Nice interface. Clean, feature-rich, but not confusing. Visit them here.

That’s my short, short list. I thoroughly enjoyed the day and got some great ideas to bring back to the office. Would consider returning next year.