the post-digital era is upon us are you readyf or what’s … · 2019. 10. 22. · global global...
TRANSCRIPT
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INTOTHE NEWAccenture Media Technology Vision 2019
The Post-Digital Era is Upon Us ARE YOU READY FOR WHATrsquoS NEXT
CONTENTSIntroduction 3
Trend 1 DARQ Power Understanding the DNA of DARQ 8
Trend 2 Get to Know Me Unlock unique consumer opportunities 13
Trend 3 Human+ Worker Evolve your workplace to enhance your workforce 17
Trend 4 Secure Us to Secure Me Donrsquot be a victim protect the health of your enterprise 21
Trend 5 MyMarkets Meet consumersrsquo needs at the speed of now 26
Authors 31
Research Methodology 32
Survey Demographics 33
References 34
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US2
TECHVISION2019
COMPANIES ARE TAKING THEIR FIRST STEPS IN A NEW WORLDmdashONE THAT TAILORS ITSELF TO FIT EVERY MOMENT
3
Itrsquos a world where products services and even peoplersquos surroundings are customized and where businesses cater to the individual in every aspect of their lives shaping the very realities they live in
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US3
TECHVISION2019
33
Introduction
Introduction
The emergence of a post-digital world We as a society are nearing a turning point in digital enterprise where more businesses will have completed their digital transformations than not Digital-era technology which began as a differentiating advantage years ago is now expected from every business But its impact is still changing the relationship between businesses and society and the expectations of individual people
The digital saturation of reality has granted media and entertainment companies with the potential for exceptional capabilities They can understand their customers with a new depth of granularity They have more channels than ever to reach those consumers And with companies in every industry heavily investing
in digital technologies there are more digital ecosystems and more potential partners to help companies create holistic experiences But these capabilities and advantages are now available to every organization Looking forward into the post-digital era how will media leaders set themselves apart
Just as people no longer say they live in the ldquoage of electricityrdquo the days of calling something digital to insinuate that it is new and innovative are numbered The word is already passeacute in the consumer space Soon it will be the same for enterprise There is no need to say you are a ldquodigital businessrdquo If yoursquore still in business investing in digital is understood
WHAT IS ENABLINGmdashAND DRIVINGmdashTHIS REALITY-SHAPING SHIFT
4 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US4
WHAT DOES ldquoPOST-DIGITALrdquo MEAN FOR MEDIA COMPANIES
Traditional revenue sources for media and entertainment are flat and in many cases declining But digital revenues are on the rise Pressure from advanced technology and innovation are reshaping the competitive landscape led by a few global industry trends
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US5
TECHVISION2019Introduction
Content-spending has changed dramatically as digital natives and new Direct to Consumer (D2C) offerings drive competition These players are on track to increase their content spend 3X to $17B by 2020 (up from $6B in 2015) with no signs of slowing down Consider the fact that there has been a deep proliferation of Over-The-Top (OTT) video streaming products with 200 in the US alone And it is easy to understand why ecosystem plays are taking center stage as media companies seek to unlock new value by playing new roles These strategies are driving high valuations luring liquid consumers and enabling early adopters to dominate their markets For example Amazon Channels has created an ecosystem that connects demand and supply allowing users single sign on access to an agrave la carte menu of channels thus becoming an OTT channel distributor
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences with their customers Traditional media companies are investing in creating new experiences and reaching new audiences by leveraging emerging technologies and strategic platform partnerships For example WarnerMedia is developing and producing up to 10 shows per year for Snapchat from across its divisions including those with scripted drama and comedy formats
Disruptors are also ushering in a reinvention of advertising Evolving ad technologies as well as targeting and attribution expectations are reshaping the market Rapid growth in digital advertising (from $50 billion in 2015 to $107 billion in 2018) is in marked contrast to TV advertising revenue which remains flat As digital explodes itrsquos changing expectations for advertisers and audiences alike That includes intuitive and adaptive ad experiences dynamic product placement within actual content and new programmatic and addressable ad sales models
Finally media companies are becoming more aggressive in keeping pace with their nimble digital competitors when it comes to adopting a data-driven technology culture that cuts across content creation advertising dynamic pricing and user profiling
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US6
TECHVISION2019TECHVISION2019Introduction
Such pervasive industry disruption has deep implications for the way the media ecosystem is evolving shaking up outmoded technology paradigms and challenging the relevance of traditional business models To succeed future-minded leaders know that they will need every digital tool in their current arsenal and theyrsquoll also need new ones
This yearrsquos Accenture Technology Vision highlights five emerging trends that will shape businesses over the next three to five years Each trend shows how digital saturation is raising expectations abilities and risks across industries and how businesses are seeking new ways to differentiate themselves as the world moves toward the post-digital era
7 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US7
TECHVISION2019Introduction
UNDERSTANDING THE DNA OF DARQ
TREND 1
DARQ POWER
TECHVISION2019
8 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US8
TECHVISION2019TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US9
TECHVISION2019
The next set of technologies every company will need to master
Distributed Ledger Technology (DLT)
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
Distributed ledgers will expand networks by eliminating the need for trusted third parties And quantum technology will usher in novel ways to approach and solve the hardest computational problems
Individually each of these four technologies represent opportunities for media businesses to differentiate their products and services Collectively they will open unimagined new pathways into the future
AI already plays a critical role in optimizing processes and influencing strategic decision-making Extended reality an immersive technology creates entirely new ways for people to experience and engage with the world around them
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences Embracing the next generation of DARQ technologies will enable them to reimagine customer expectations in the future
9
TECHVISION2019TECHVISION2019
99
Trend 1 DARQ POWER
Across the DARQ technologies investments and adoption are rising steadily VR and AR saw a 12 percent increase in investment between 2016 and 2017 reaching $3 billion that year And companies invested $750 million in ARVR startups in the first quarter of 2018 Distributed ledger investments are exploding with blockchain and cryptocurrency-focused startups alone collecting almost $39 billion in investments in the first three quarters of 2018mdashnearly three times the total for all of 2017
PilotingAdopted across multiple business units Adopted in one business unit Evaluating or planning to pilot Not planning or evaluating for adoption Donrsquot know
GLOBAL GLOBAL GLOBALMEDIA
ARTIFICIAL INTELLIGENCE DISTRIBUTED LEDGERSBLOCKCHAIN EXTENDED REALITY
MEDIA MEDIA
24 21 2317
22 25
18 14 15 11 13 17
25 28 27 29 27 24
22 25 23
28
24 26
2 1 3 2 3 17 10 9 13 11 7
Our research shows that 94 percent of media executives are already experimenting with one or more DARQ technologies expecting them to be key differentiators Each technology is at a different point on the adoption curve
but the first wave of companies using DARQ technologies to drive differentiation is already here
Figure 1 Organizationrsquos stage of adoption for each of the following emerging technologies today
Global Sample n=6672 Media Executives n=166
10
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US10
Trend 1 DARQ POWER
Artificial Intelligence
When asked to rank which of the DARQ technologies will have the greatest impact on their organization over the next three years 36 percent of media executives ranked AI as number one AI is already a powerful tool with nearly all media organizations investing in experimenting with the technology Itrsquos poised to take on an even bigger role in digitally-led media companies The pressing need to maintain pace with digital natives and digital disruptors in the industry calls for applications of AI in every context from B2C to B2B
One of AIrsquos strong applications is managing advertising operations to maximize their accuracy and efficiency AIrsquos ability to mine existing data is also creating new ways to drive audience engagement notably via content recommendations and using cognitive technology to tag content gain a deeper understanding if audience behavior and improve targeted advertising
For example Italian publisher GEDI Group and its advertising sales agency Manzoni are partnering with Accenture to use Artificial Intelligence to better monetize digital content for both ad-funded and pay business This enables identification of highly-qualified audience segmentsmdashby age gender interest etcmdashand the ability to target them with extremely accurate advertising campaigns and tailored content 1 Greatest impact Second greatest impact Third greatest impact Fourth greatest impact
MEDIA MEDIA MEDIA MEDIA19
24
24
3623 19
27
26
17
2525 28
32
28 15 18 19
22 27
28 26
29 25
19
25 25
19
19
41
17 24 23
Distributed Ledger Blockchain
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
GLOBAL GLOBAL GLOBAL GLOBAL
Global Sample n=6672 Media Executives n=166
Figure 2 Technologies ranked by media executives in terms of which will have the greatest impact on their organization over the next three years
11
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US11
Trend 1 DARQ POWER
Extended Reality
Twenty three percent of media executives ranked extended reality as the technology likely to have the greatest impact over the next three years That finding is higher than the global average across industries and demonstrates the potential of this platform for media content owners and distributors Some like YouTube and Redbull have already created content exclusively for VR The proliferation of affordable cardboard VR viewers has standardized these experiences over the past few years The next stage of extended reality experiences is now arriving with virtual reality experiences supporting new ways to interact with live events such as sporting fixtures and concerts Star India for example has trialed VR livestreams of Indian Premier League cricket matches on its Hotstar platform 2 Experiences are taking the technology beyond a marketing concept and building them out at scale As these experiences improve and the technology becomes more accessible wersquoll see their mainstream adoption
Blockchain
Distributed ledger technologies like blockchain will increasingly support and protect the technology-based partnerships that media businesses need to grow and compete
Quantum Computing
While most traditional media companies have yet to explore quantum computing its enormous power will inevitably enable other DARQ technologies to reach new heights For example quantum could speed up complex AI-driven recommendation engines to deliver personalization with unprecedented precision Likewise quantum applied to programmatic ad buying could enable almost instant responses to market trends to drive targeting in real time
TECHVISION2019
12 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US12
Trend 1 DARQ POWER
TREND 2
GET TOKNOW MEUNLOCK UNIQUE CONSUMER OPPORTUNITIES13
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US13
TECHVISION2019
13 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 2: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/2.jpg)
CONTENTSIntroduction 3
Trend 1 DARQ Power Understanding the DNA of DARQ 8
Trend 2 Get to Know Me Unlock unique consumer opportunities 13
Trend 3 Human+ Worker Evolve your workplace to enhance your workforce 17
Trend 4 Secure Us to Secure Me Donrsquot be a victim protect the health of your enterprise 21
Trend 5 MyMarkets Meet consumersrsquo needs at the speed of now 26
Authors 31
Research Methodology 32
Survey Demographics 33
References 34
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US2
TECHVISION2019
COMPANIES ARE TAKING THEIR FIRST STEPS IN A NEW WORLDmdashONE THAT TAILORS ITSELF TO FIT EVERY MOMENT
3
Itrsquos a world where products services and even peoplersquos surroundings are customized and where businesses cater to the individual in every aspect of their lives shaping the very realities they live in
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US3
TECHVISION2019
33
Introduction
Introduction
The emergence of a post-digital world We as a society are nearing a turning point in digital enterprise where more businesses will have completed their digital transformations than not Digital-era technology which began as a differentiating advantage years ago is now expected from every business But its impact is still changing the relationship between businesses and society and the expectations of individual people
The digital saturation of reality has granted media and entertainment companies with the potential for exceptional capabilities They can understand their customers with a new depth of granularity They have more channels than ever to reach those consumers And with companies in every industry heavily investing
in digital technologies there are more digital ecosystems and more potential partners to help companies create holistic experiences But these capabilities and advantages are now available to every organization Looking forward into the post-digital era how will media leaders set themselves apart
Just as people no longer say they live in the ldquoage of electricityrdquo the days of calling something digital to insinuate that it is new and innovative are numbered The word is already passeacute in the consumer space Soon it will be the same for enterprise There is no need to say you are a ldquodigital businessrdquo If yoursquore still in business investing in digital is understood
WHAT IS ENABLINGmdashAND DRIVINGmdashTHIS REALITY-SHAPING SHIFT
4 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US4
WHAT DOES ldquoPOST-DIGITALrdquo MEAN FOR MEDIA COMPANIES
Traditional revenue sources for media and entertainment are flat and in many cases declining But digital revenues are on the rise Pressure from advanced technology and innovation are reshaping the competitive landscape led by a few global industry trends
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US5
TECHVISION2019Introduction
Content-spending has changed dramatically as digital natives and new Direct to Consumer (D2C) offerings drive competition These players are on track to increase their content spend 3X to $17B by 2020 (up from $6B in 2015) with no signs of slowing down Consider the fact that there has been a deep proliferation of Over-The-Top (OTT) video streaming products with 200 in the US alone And it is easy to understand why ecosystem plays are taking center stage as media companies seek to unlock new value by playing new roles These strategies are driving high valuations luring liquid consumers and enabling early adopters to dominate their markets For example Amazon Channels has created an ecosystem that connects demand and supply allowing users single sign on access to an agrave la carte menu of channels thus becoming an OTT channel distributor
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences with their customers Traditional media companies are investing in creating new experiences and reaching new audiences by leveraging emerging technologies and strategic platform partnerships For example WarnerMedia is developing and producing up to 10 shows per year for Snapchat from across its divisions including those with scripted drama and comedy formats
Disruptors are also ushering in a reinvention of advertising Evolving ad technologies as well as targeting and attribution expectations are reshaping the market Rapid growth in digital advertising (from $50 billion in 2015 to $107 billion in 2018) is in marked contrast to TV advertising revenue which remains flat As digital explodes itrsquos changing expectations for advertisers and audiences alike That includes intuitive and adaptive ad experiences dynamic product placement within actual content and new programmatic and addressable ad sales models
Finally media companies are becoming more aggressive in keeping pace with their nimble digital competitors when it comes to adopting a data-driven technology culture that cuts across content creation advertising dynamic pricing and user profiling
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US6
TECHVISION2019TECHVISION2019Introduction
Such pervasive industry disruption has deep implications for the way the media ecosystem is evolving shaking up outmoded technology paradigms and challenging the relevance of traditional business models To succeed future-minded leaders know that they will need every digital tool in their current arsenal and theyrsquoll also need new ones
This yearrsquos Accenture Technology Vision highlights five emerging trends that will shape businesses over the next three to five years Each trend shows how digital saturation is raising expectations abilities and risks across industries and how businesses are seeking new ways to differentiate themselves as the world moves toward the post-digital era
7 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US7
TECHVISION2019Introduction
UNDERSTANDING THE DNA OF DARQ
TREND 1
DARQ POWER
TECHVISION2019
8 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US8
TECHVISION2019TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US9
TECHVISION2019
The next set of technologies every company will need to master
Distributed Ledger Technology (DLT)
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
Distributed ledgers will expand networks by eliminating the need for trusted third parties And quantum technology will usher in novel ways to approach and solve the hardest computational problems
Individually each of these four technologies represent opportunities for media businesses to differentiate their products and services Collectively they will open unimagined new pathways into the future
AI already plays a critical role in optimizing processes and influencing strategic decision-making Extended reality an immersive technology creates entirely new ways for people to experience and engage with the world around them
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences Embracing the next generation of DARQ technologies will enable them to reimagine customer expectations in the future
9
TECHVISION2019TECHVISION2019
99
Trend 1 DARQ POWER
Across the DARQ technologies investments and adoption are rising steadily VR and AR saw a 12 percent increase in investment between 2016 and 2017 reaching $3 billion that year And companies invested $750 million in ARVR startups in the first quarter of 2018 Distributed ledger investments are exploding with blockchain and cryptocurrency-focused startups alone collecting almost $39 billion in investments in the first three quarters of 2018mdashnearly three times the total for all of 2017
PilotingAdopted across multiple business units Adopted in one business unit Evaluating or planning to pilot Not planning or evaluating for adoption Donrsquot know
GLOBAL GLOBAL GLOBALMEDIA
ARTIFICIAL INTELLIGENCE DISTRIBUTED LEDGERSBLOCKCHAIN EXTENDED REALITY
MEDIA MEDIA
24 21 2317
22 25
18 14 15 11 13 17
25 28 27 29 27 24
22 25 23
28
24 26
2 1 3 2 3 17 10 9 13 11 7
Our research shows that 94 percent of media executives are already experimenting with one or more DARQ technologies expecting them to be key differentiators Each technology is at a different point on the adoption curve
but the first wave of companies using DARQ technologies to drive differentiation is already here
Figure 1 Organizationrsquos stage of adoption for each of the following emerging technologies today
Global Sample n=6672 Media Executives n=166
10
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US10
Trend 1 DARQ POWER
Artificial Intelligence
When asked to rank which of the DARQ technologies will have the greatest impact on their organization over the next three years 36 percent of media executives ranked AI as number one AI is already a powerful tool with nearly all media organizations investing in experimenting with the technology Itrsquos poised to take on an even bigger role in digitally-led media companies The pressing need to maintain pace with digital natives and digital disruptors in the industry calls for applications of AI in every context from B2C to B2B
One of AIrsquos strong applications is managing advertising operations to maximize their accuracy and efficiency AIrsquos ability to mine existing data is also creating new ways to drive audience engagement notably via content recommendations and using cognitive technology to tag content gain a deeper understanding if audience behavior and improve targeted advertising
For example Italian publisher GEDI Group and its advertising sales agency Manzoni are partnering with Accenture to use Artificial Intelligence to better monetize digital content for both ad-funded and pay business This enables identification of highly-qualified audience segmentsmdashby age gender interest etcmdashand the ability to target them with extremely accurate advertising campaigns and tailored content 1 Greatest impact Second greatest impact Third greatest impact Fourth greatest impact
MEDIA MEDIA MEDIA MEDIA19
24
24
3623 19
27
26
17
2525 28
32
28 15 18 19
22 27
28 26
29 25
19
25 25
19
19
41
17 24 23
Distributed Ledger Blockchain
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
GLOBAL GLOBAL GLOBAL GLOBAL
Global Sample n=6672 Media Executives n=166
Figure 2 Technologies ranked by media executives in terms of which will have the greatest impact on their organization over the next three years
11
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US11
Trend 1 DARQ POWER
Extended Reality
Twenty three percent of media executives ranked extended reality as the technology likely to have the greatest impact over the next three years That finding is higher than the global average across industries and demonstrates the potential of this platform for media content owners and distributors Some like YouTube and Redbull have already created content exclusively for VR The proliferation of affordable cardboard VR viewers has standardized these experiences over the past few years The next stage of extended reality experiences is now arriving with virtual reality experiences supporting new ways to interact with live events such as sporting fixtures and concerts Star India for example has trialed VR livestreams of Indian Premier League cricket matches on its Hotstar platform 2 Experiences are taking the technology beyond a marketing concept and building them out at scale As these experiences improve and the technology becomes more accessible wersquoll see their mainstream adoption
Blockchain
Distributed ledger technologies like blockchain will increasingly support and protect the technology-based partnerships that media businesses need to grow and compete
Quantum Computing
While most traditional media companies have yet to explore quantum computing its enormous power will inevitably enable other DARQ technologies to reach new heights For example quantum could speed up complex AI-driven recommendation engines to deliver personalization with unprecedented precision Likewise quantum applied to programmatic ad buying could enable almost instant responses to market trends to drive targeting in real time
TECHVISION2019
12 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US12
Trend 1 DARQ POWER
TREND 2
GET TOKNOW MEUNLOCK UNIQUE CONSUMER OPPORTUNITIES13
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US13
TECHVISION2019
13 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 3: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/3.jpg)
COMPANIES ARE TAKING THEIR FIRST STEPS IN A NEW WORLDmdashONE THAT TAILORS ITSELF TO FIT EVERY MOMENT
3
Itrsquos a world where products services and even peoplersquos surroundings are customized and where businesses cater to the individual in every aspect of their lives shaping the very realities they live in
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US3
TECHVISION2019
33
Introduction
Introduction
The emergence of a post-digital world We as a society are nearing a turning point in digital enterprise where more businesses will have completed their digital transformations than not Digital-era technology which began as a differentiating advantage years ago is now expected from every business But its impact is still changing the relationship between businesses and society and the expectations of individual people
The digital saturation of reality has granted media and entertainment companies with the potential for exceptional capabilities They can understand their customers with a new depth of granularity They have more channels than ever to reach those consumers And with companies in every industry heavily investing
in digital technologies there are more digital ecosystems and more potential partners to help companies create holistic experiences But these capabilities and advantages are now available to every organization Looking forward into the post-digital era how will media leaders set themselves apart
Just as people no longer say they live in the ldquoage of electricityrdquo the days of calling something digital to insinuate that it is new and innovative are numbered The word is already passeacute in the consumer space Soon it will be the same for enterprise There is no need to say you are a ldquodigital businessrdquo If yoursquore still in business investing in digital is understood
WHAT IS ENABLINGmdashAND DRIVINGmdashTHIS REALITY-SHAPING SHIFT
4 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US4
WHAT DOES ldquoPOST-DIGITALrdquo MEAN FOR MEDIA COMPANIES
Traditional revenue sources for media and entertainment are flat and in many cases declining But digital revenues are on the rise Pressure from advanced technology and innovation are reshaping the competitive landscape led by a few global industry trends
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US5
TECHVISION2019Introduction
Content-spending has changed dramatically as digital natives and new Direct to Consumer (D2C) offerings drive competition These players are on track to increase their content spend 3X to $17B by 2020 (up from $6B in 2015) with no signs of slowing down Consider the fact that there has been a deep proliferation of Over-The-Top (OTT) video streaming products with 200 in the US alone And it is easy to understand why ecosystem plays are taking center stage as media companies seek to unlock new value by playing new roles These strategies are driving high valuations luring liquid consumers and enabling early adopters to dominate their markets For example Amazon Channels has created an ecosystem that connects demand and supply allowing users single sign on access to an agrave la carte menu of channels thus becoming an OTT channel distributor
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences with their customers Traditional media companies are investing in creating new experiences and reaching new audiences by leveraging emerging technologies and strategic platform partnerships For example WarnerMedia is developing and producing up to 10 shows per year for Snapchat from across its divisions including those with scripted drama and comedy formats
Disruptors are also ushering in a reinvention of advertising Evolving ad technologies as well as targeting and attribution expectations are reshaping the market Rapid growth in digital advertising (from $50 billion in 2015 to $107 billion in 2018) is in marked contrast to TV advertising revenue which remains flat As digital explodes itrsquos changing expectations for advertisers and audiences alike That includes intuitive and adaptive ad experiences dynamic product placement within actual content and new programmatic and addressable ad sales models
Finally media companies are becoming more aggressive in keeping pace with their nimble digital competitors when it comes to adopting a data-driven technology culture that cuts across content creation advertising dynamic pricing and user profiling
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US6
TECHVISION2019TECHVISION2019Introduction
Such pervasive industry disruption has deep implications for the way the media ecosystem is evolving shaking up outmoded technology paradigms and challenging the relevance of traditional business models To succeed future-minded leaders know that they will need every digital tool in their current arsenal and theyrsquoll also need new ones
This yearrsquos Accenture Technology Vision highlights five emerging trends that will shape businesses over the next three to five years Each trend shows how digital saturation is raising expectations abilities and risks across industries and how businesses are seeking new ways to differentiate themselves as the world moves toward the post-digital era
7 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US7
TECHVISION2019Introduction
UNDERSTANDING THE DNA OF DARQ
TREND 1
DARQ POWER
TECHVISION2019
8 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US8
TECHVISION2019TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US9
TECHVISION2019
The next set of technologies every company will need to master
Distributed Ledger Technology (DLT)
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
Distributed ledgers will expand networks by eliminating the need for trusted third parties And quantum technology will usher in novel ways to approach and solve the hardest computational problems
Individually each of these four technologies represent opportunities for media businesses to differentiate their products and services Collectively they will open unimagined new pathways into the future
AI already plays a critical role in optimizing processes and influencing strategic decision-making Extended reality an immersive technology creates entirely new ways for people to experience and engage with the world around them
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences Embracing the next generation of DARQ technologies will enable them to reimagine customer expectations in the future
9
TECHVISION2019TECHVISION2019
99
Trend 1 DARQ POWER
Across the DARQ technologies investments and adoption are rising steadily VR and AR saw a 12 percent increase in investment between 2016 and 2017 reaching $3 billion that year And companies invested $750 million in ARVR startups in the first quarter of 2018 Distributed ledger investments are exploding with blockchain and cryptocurrency-focused startups alone collecting almost $39 billion in investments in the first three quarters of 2018mdashnearly three times the total for all of 2017
PilotingAdopted across multiple business units Adopted in one business unit Evaluating or planning to pilot Not planning or evaluating for adoption Donrsquot know
GLOBAL GLOBAL GLOBALMEDIA
ARTIFICIAL INTELLIGENCE DISTRIBUTED LEDGERSBLOCKCHAIN EXTENDED REALITY
MEDIA MEDIA
24 21 2317
22 25
18 14 15 11 13 17
25 28 27 29 27 24
22 25 23
28
24 26
2 1 3 2 3 17 10 9 13 11 7
Our research shows that 94 percent of media executives are already experimenting with one or more DARQ technologies expecting them to be key differentiators Each technology is at a different point on the adoption curve
but the first wave of companies using DARQ technologies to drive differentiation is already here
Figure 1 Organizationrsquos stage of adoption for each of the following emerging technologies today
Global Sample n=6672 Media Executives n=166
10
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US10
Trend 1 DARQ POWER
Artificial Intelligence
When asked to rank which of the DARQ technologies will have the greatest impact on their organization over the next three years 36 percent of media executives ranked AI as number one AI is already a powerful tool with nearly all media organizations investing in experimenting with the technology Itrsquos poised to take on an even bigger role in digitally-led media companies The pressing need to maintain pace with digital natives and digital disruptors in the industry calls for applications of AI in every context from B2C to B2B
One of AIrsquos strong applications is managing advertising operations to maximize their accuracy and efficiency AIrsquos ability to mine existing data is also creating new ways to drive audience engagement notably via content recommendations and using cognitive technology to tag content gain a deeper understanding if audience behavior and improve targeted advertising
For example Italian publisher GEDI Group and its advertising sales agency Manzoni are partnering with Accenture to use Artificial Intelligence to better monetize digital content for both ad-funded and pay business This enables identification of highly-qualified audience segmentsmdashby age gender interest etcmdashand the ability to target them with extremely accurate advertising campaigns and tailored content 1 Greatest impact Second greatest impact Third greatest impact Fourth greatest impact
MEDIA MEDIA MEDIA MEDIA19
24
24
3623 19
27
26
17
2525 28
32
28 15 18 19
22 27
28 26
29 25
19
25 25
19
19
41
17 24 23
Distributed Ledger Blockchain
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
GLOBAL GLOBAL GLOBAL GLOBAL
Global Sample n=6672 Media Executives n=166
Figure 2 Technologies ranked by media executives in terms of which will have the greatest impact on their organization over the next three years
11
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US11
Trend 1 DARQ POWER
Extended Reality
Twenty three percent of media executives ranked extended reality as the technology likely to have the greatest impact over the next three years That finding is higher than the global average across industries and demonstrates the potential of this platform for media content owners and distributors Some like YouTube and Redbull have already created content exclusively for VR The proliferation of affordable cardboard VR viewers has standardized these experiences over the past few years The next stage of extended reality experiences is now arriving with virtual reality experiences supporting new ways to interact with live events such as sporting fixtures and concerts Star India for example has trialed VR livestreams of Indian Premier League cricket matches on its Hotstar platform 2 Experiences are taking the technology beyond a marketing concept and building them out at scale As these experiences improve and the technology becomes more accessible wersquoll see their mainstream adoption
Blockchain
Distributed ledger technologies like blockchain will increasingly support and protect the technology-based partnerships that media businesses need to grow and compete
Quantum Computing
While most traditional media companies have yet to explore quantum computing its enormous power will inevitably enable other DARQ technologies to reach new heights For example quantum could speed up complex AI-driven recommendation engines to deliver personalization with unprecedented precision Likewise quantum applied to programmatic ad buying could enable almost instant responses to market trends to drive targeting in real time
TECHVISION2019
12 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US12
Trend 1 DARQ POWER
TREND 2
GET TOKNOW MEUNLOCK UNIQUE CONSUMER OPPORTUNITIES13
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US13
TECHVISION2019
13 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 4: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/4.jpg)
Introduction
The emergence of a post-digital world We as a society are nearing a turning point in digital enterprise where more businesses will have completed their digital transformations than not Digital-era technology which began as a differentiating advantage years ago is now expected from every business But its impact is still changing the relationship between businesses and society and the expectations of individual people
The digital saturation of reality has granted media and entertainment companies with the potential for exceptional capabilities They can understand their customers with a new depth of granularity They have more channels than ever to reach those consumers And with companies in every industry heavily investing
in digital technologies there are more digital ecosystems and more potential partners to help companies create holistic experiences But these capabilities and advantages are now available to every organization Looking forward into the post-digital era how will media leaders set themselves apart
Just as people no longer say they live in the ldquoage of electricityrdquo the days of calling something digital to insinuate that it is new and innovative are numbered The word is already passeacute in the consumer space Soon it will be the same for enterprise There is no need to say you are a ldquodigital businessrdquo If yoursquore still in business investing in digital is understood
WHAT IS ENABLINGmdashAND DRIVINGmdashTHIS REALITY-SHAPING SHIFT
4 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US4
WHAT DOES ldquoPOST-DIGITALrdquo MEAN FOR MEDIA COMPANIES
Traditional revenue sources for media and entertainment are flat and in many cases declining But digital revenues are on the rise Pressure from advanced technology and innovation are reshaping the competitive landscape led by a few global industry trends
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US5
TECHVISION2019Introduction
Content-spending has changed dramatically as digital natives and new Direct to Consumer (D2C) offerings drive competition These players are on track to increase their content spend 3X to $17B by 2020 (up from $6B in 2015) with no signs of slowing down Consider the fact that there has been a deep proliferation of Over-The-Top (OTT) video streaming products with 200 in the US alone And it is easy to understand why ecosystem plays are taking center stage as media companies seek to unlock new value by playing new roles These strategies are driving high valuations luring liquid consumers and enabling early adopters to dominate their markets For example Amazon Channels has created an ecosystem that connects demand and supply allowing users single sign on access to an agrave la carte menu of channels thus becoming an OTT channel distributor
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences with their customers Traditional media companies are investing in creating new experiences and reaching new audiences by leveraging emerging technologies and strategic platform partnerships For example WarnerMedia is developing and producing up to 10 shows per year for Snapchat from across its divisions including those with scripted drama and comedy formats
Disruptors are also ushering in a reinvention of advertising Evolving ad technologies as well as targeting and attribution expectations are reshaping the market Rapid growth in digital advertising (from $50 billion in 2015 to $107 billion in 2018) is in marked contrast to TV advertising revenue which remains flat As digital explodes itrsquos changing expectations for advertisers and audiences alike That includes intuitive and adaptive ad experiences dynamic product placement within actual content and new programmatic and addressable ad sales models
Finally media companies are becoming more aggressive in keeping pace with their nimble digital competitors when it comes to adopting a data-driven technology culture that cuts across content creation advertising dynamic pricing and user profiling
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US6
TECHVISION2019TECHVISION2019Introduction
Such pervasive industry disruption has deep implications for the way the media ecosystem is evolving shaking up outmoded technology paradigms and challenging the relevance of traditional business models To succeed future-minded leaders know that they will need every digital tool in their current arsenal and theyrsquoll also need new ones
This yearrsquos Accenture Technology Vision highlights five emerging trends that will shape businesses over the next three to five years Each trend shows how digital saturation is raising expectations abilities and risks across industries and how businesses are seeking new ways to differentiate themselves as the world moves toward the post-digital era
7 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US7
TECHVISION2019Introduction
UNDERSTANDING THE DNA OF DARQ
TREND 1
DARQ POWER
TECHVISION2019
8 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US8
TECHVISION2019TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US9
TECHVISION2019
The next set of technologies every company will need to master
Distributed Ledger Technology (DLT)
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
Distributed ledgers will expand networks by eliminating the need for trusted third parties And quantum technology will usher in novel ways to approach and solve the hardest computational problems
Individually each of these four technologies represent opportunities for media businesses to differentiate their products and services Collectively they will open unimagined new pathways into the future
AI already plays a critical role in optimizing processes and influencing strategic decision-making Extended reality an immersive technology creates entirely new ways for people to experience and engage with the world around them
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences Embracing the next generation of DARQ technologies will enable them to reimagine customer expectations in the future
9
TECHVISION2019TECHVISION2019
99
Trend 1 DARQ POWER
Across the DARQ technologies investments and adoption are rising steadily VR and AR saw a 12 percent increase in investment between 2016 and 2017 reaching $3 billion that year And companies invested $750 million in ARVR startups in the first quarter of 2018 Distributed ledger investments are exploding with blockchain and cryptocurrency-focused startups alone collecting almost $39 billion in investments in the first three quarters of 2018mdashnearly three times the total for all of 2017
PilotingAdopted across multiple business units Adopted in one business unit Evaluating or planning to pilot Not planning or evaluating for adoption Donrsquot know
GLOBAL GLOBAL GLOBALMEDIA
ARTIFICIAL INTELLIGENCE DISTRIBUTED LEDGERSBLOCKCHAIN EXTENDED REALITY
MEDIA MEDIA
24 21 2317
22 25
18 14 15 11 13 17
25 28 27 29 27 24
22 25 23
28
24 26
2 1 3 2 3 17 10 9 13 11 7
Our research shows that 94 percent of media executives are already experimenting with one or more DARQ technologies expecting them to be key differentiators Each technology is at a different point on the adoption curve
but the first wave of companies using DARQ technologies to drive differentiation is already here
Figure 1 Organizationrsquos stage of adoption for each of the following emerging technologies today
Global Sample n=6672 Media Executives n=166
10
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US10
Trend 1 DARQ POWER
Artificial Intelligence
When asked to rank which of the DARQ technologies will have the greatest impact on their organization over the next three years 36 percent of media executives ranked AI as number one AI is already a powerful tool with nearly all media organizations investing in experimenting with the technology Itrsquos poised to take on an even bigger role in digitally-led media companies The pressing need to maintain pace with digital natives and digital disruptors in the industry calls for applications of AI in every context from B2C to B2B
One of AIrsquos strong applications is managing advertising operations to maximize their accuracy and efficiency AIrsquos ability to mine existing data is also creating new ways to drive audience engagement notably via content recommendations and using cognitive technology to tag content gain a deeper understanding if audience behavior and improve targeted advertising
For example Italian publisher GEDI Group and its advertising sales agency Manzoni are partnering with Accenture to use Artificial Intelligence to better monetize digital content for both ad-funded and pay business This enables identification of highly-qualified audience segmentsmdashby age gender interest etcmdashand the ability to target them with extremely accurate advertising campaigns and tailored content 1 Greatest impact Second greatest impact Third greatest impact Fourth greatest impact
MEDIA MEDIA MEDIA MEDIA19
24
24
3623 19
27
26
17
2525 28
32
28 15 18 19
22 27
28 26
29 25
19
25 25
19
19
41
17 24 23
Distributed Ledger Blockchain
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
GLOBAL GLOBAL GLOBAL GLOBAL
Global Sample n=6672 Media Executives n=166
Figure 2 Technologies ranked by media executives in terms of which will have the greatest impact on their organization over the next three years
11
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US11
Trend 1 DARQ POWER
Extended Reality
Twenty three percent of media executives ranked extended reality as the technology likely to have the greatest impact over the next three years That finding is higher than the global average across industries and demonstrates the potential of this platform for media content owners and distributors Some like YouTube and Redbull have already created content exclusively for VR The proliferation of affordable cardboard VR viewers has standardized these experiences over the past few years The next stage of extended reality experiences is now arriving with virtual reality experiences supporting new ways to interact with live events such as sporting fixtures and concerts Star India for example has trialed VR livestreams of Indian Premier League cricket matches on its Hotstar platform 2 Experiences are taking the technology beyond a marketing concept and building them out at scale As these experiences improve and the technology becomes more accessible wersquoll see their mainstream adoption
Blockchain
Distributed ledger technologies like blockchain will increasingly support and protect the technology-based partnerships that media businesses need to grow and compete
Quantum Computing
While most traditional media companies have yet to explore quantum computing its enormous power will inevitably enable other DARQ technologies to reach new heights For example quantum could speed up complex AI-driven recommendation engines to deliver personalization with unprecedented precision Likewise quantum applied to programmatic ad buying could enable almost instant responses to market trends to drive targeting in real time
TECHVISION2019
12 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US12
Trend 1 DARQ POWER
TREND 2
GET TOKNOW MEUNLOCK UNIQUE CONSUMER OPPORTUNITIES13
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US13
TECHVISION2019
13 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 5: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/5.jpg)
WHAT DOES ldquoPOST-DIGITALrdquo MEAN FOR MEDIA COMPANIES
Traditional revenue sources for media and entertainment are flat and in many cases declining But digital revenues are on the rise Pressure from advanced technology and innovation are reshaping the competitive landscape led by a few global industry trends
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US5
TECHVISION2019Introduction
Content-spending has changed dramatically as digital natives and new Direct to Consumer (D2C) offerings drive competition These players are on track to increase their content spend 3X to $17B by 2020 (up from $6B in 2015) with no signs of slowing down Consider the fact that there has been a deep proliferation of Over-The-Top (OTT) video streaming products with 200 in the US alone And it is easy to understand why ecosystem plays are taking center stage as media companies seek to unlock new value by playing new roles These strategies are driving high valuations luring liquid consumers and enabling early adopters to dominate their markets For example Amazon Channels has created an ecosystem that connects demand and supply allowing users single sign on access to an agrave la carte menu of channels thus becoming an OTT channel distributor
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences with their customers Traditional media companies are investing in creating new experiences and reaching new audiences by leveraging emerging technologies and strategic platform partnerships For example WarnerMedia is developing and producing up to 10 shows per year for Snapchat from across its divisions including those with scripted drama and comedy formats
Disruptors are also ushering in a reinvention of advertising Evolving ad technologies as well as targeting and attribution expectations are reshaping the market Rapid growth in digital advertising (from $50 billion in 2015 to $107 billion in 2018) is in marked contrast to TV advertising revenue which remains flat As digital explodes itrsquos changing expectations for advertisers and audiences alike That includes intuitive and adaptive ad experiences dynamic product placement within actual content and new programmatic and addressable ad sales models
Finally media companies are becoming more aggressive in keeping pace with their nimble digital competitors when it comes to adopting a data-driven technology culture that cuts across content creation advertising dynamic pricing and user profiling
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US6
TECHVISION2019TECHVISION2019Introduction
Such pervasive industry disruption has deep implications for the way the media ecosystem is evolving shaking up outmoded technology paradigms and challenging the relevance of traditional business models To succeed future-minded leaders know that they will need every digital tool in their current arsenal and theyrsquoll also need new ones
This yearrsquos Accenture Technology Vision highlights five emerging trends that will shape businesses over the next three to five years Each trend shows how digital saturation is raising expectations abilities and risks across industries and how businesses are seeking new ways to differentiate themselves as the world moves toward the post-digital era
7 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US7
TECHVISION2019Introduction
UNDERSTANDING THE DNA OF DARQ
TREND 1
DARQ POWER
TECHVISION2019
8 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US8
TECHVISION2019TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US9
TECHVISION2019
The next set of technologies every company will need to master
Distributed Ledger Technology (DLT)
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
Distributed ledgers will expand networks by eliminating the need for trusted third parties And quantum technology will usher in novel ways to approach and solve the hardest computational problems
Individually each of these four technologies represent opportunities for media businesses to differentiate their products and services Collectively they will open unimagined new pathways into the future
AI already plays a critical role in optimizing processes and influencing strategic decision-making Extended reality an immersive technology creates entirely new ways for people to experience and engage with the world around them
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences Embracing the next generation of DARQ technologies will enable them to reimagine customer expectations in the future
9
TECHVISION2019TECHVISION2019
99
Trend 1 DARQ POWER
Across the DARQ technologies investments and adoption are rising steadily VR and AR saw a 12 percent increase in investment between 2016 and 2017 reaching $3 billion that year And companies invested $750 million in ARVR startups in the first quarter of 2018 Distributed ledger investments are exploding with blockchain and cryptocurrency-focused startups alone collecting almost $39 billion in investments in the first three quarters of 2018mdashnearly three times the total for all of 2017
PilotingAdopted across multiple business units Adopted in one business unit Evaluating or planning to pilot Not planning or evaluating for adoption Donrsquot know
GLOBAL GLOBAL GLOBALMEDIA
ARTIFICIAL INTELLIGENCE DISTRIBUTED LEDGERSBLOCKCHAIN EXTENDED REALITY
MEDIA MEDIA
24 21 2317
22 25
18 14 15 11 13 17
25 28 27 29 27 24
22 25 23
28
24 26
2 1 3 2 3 17 10 9 13 11 7
Our research shows that 94 percent of media executives are already experimenting with one or more DARQ technologies expecting them to be key differentiators Each technology is at a different point on the adoption curve
but the first wave of companies using DARQ technologies to drive differentiation is already here
Figure 1 Organizationrsquos stage of adoption for each of the following emerging technologies today
Global Sample n=6672 Media Executives n=166
10
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US10
Trend 1 DARQ POWER
Artificial Intelligence
When asked to rank which of the DARQ technologies will have the greatest impact on their organization over the next three years 36 percent of media executives ranked AI as number one AI is already a powerful tool with nearly all media organizations investing in experimenting with the technology Itrsquos poised to take on an even bigger role in digitally-led media companies The pressing need to maintain pace with digital natives and digital disruptors in the industry calls for applications of AI in every context from B2C to B2B
One of AIrsquos strong applications is managing advertising operations to maximize their accuracy and efficiency AIrsquos ability to mine existing data is also creating new ways to drive audience engagement notably via content recommendations and using cognitive technology to tag content gain a deeper understanding if audience behavior and improve targeted advertising
For example Italian publisher GEDI Group and its advertising sales agency Manzoni are partnering with Accenture to use Artificial Intelligence to better monetize digital content for both ad-funded and pay business This enables identification of highly-qualified audience segmentsmdashby age gender interest etcmdashand the ability to target them with extremely accurate advertising campaigns and tailored content 1 Greatest impact Second greatest impact Third greatest impact Fourth greatest impact
MEDIA MEDIA MEDIA MEDIA19
24
24
3623 19
27
26
17
2525 28
32
28 15 18 19
22 27
28 26
29 25
19
25 25
19
19
41
17 24 23
Distributed Ledger Blockchain
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
GLOBAL GLOBAL GLOBAL GLOBAL
Global Sample n=6672 Media Executives n=166
Figure 2 Technologies ranked by media executives in terms of which will have the greatest impact on their organization over the next three years
11
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US11
Trend 1 DARQ POWER
Extended Reality
Twenty three percent of media executives ranked extended reality as the technology likely to have the greatest impact over the next three years That finding is higher than the global average across industries and demonstrates the potential of this platform for media content owners and distributors Some like YouTube and Redbull have already created content exclusively for VR The proliferation of affordable cardboard VR viewers has standardized these experiences over the past few years The next stage of extended reality experiences is now arriving with virtual reality experiences supporting new ways to interact with live events such as sporting fixtures and concerts Star India for example has trialed VR livestreams of Indian Premier League cricket matches on its Hotstar platform 2 Experiences are taking the technology beyond a marketing concept and building them out at scale As these experiences improve and the technology becomes more accessible wersquoll see their mainstream adoption
Blockchain
Distributed ledger technologies like blockchain will increasingly support and protect the technology-based partnerships that media businesses need to grow and compete
Quantum Computing
While most traditional media companies have yet to explore quantum computing its enormous power will inevitably enable other DARQ technologies to reach new heights For example quantum could speed up complex AI-driven recommendation engines to deliver personalization with unprecedented precision Likewise quantum applied to programmatic ad buying could enable almost instant responses to market trends to drive targeting in real time
TECHVISION2019
12 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US12
Trend 1 DARQ POWER
TREND 2
GET TOKNOW MEUNLOCK UNIQUE CONSUMER OPPORTUNITIES13
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US13
TECHVISION2019
13 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 6: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/6.jpg)
Content-spending has changed dramatically as digital natives and new Direct to Consumer (D2C) offerings drive competition These players are on track to increase their content spend 3X to $17B by 2020 (up from $6B in 2015) with no signs of slowing down Consider the fact that there has been a deep proliferation of Over-The-Top (OTT) video streaming products with 200 in the US alone And it is easy to understand why ecosystem plays are taking center stage as media companies seek to unlock new value by playing new roles These strategies are driving high valuations luring liquid consumers and enabling early adopters to dominate their markets For example Amazon Channels has created an ecosystem that connects demand and supply allowing users single sign on access to an agrave la carte menu of channels thus becoming an OTT channel distributor
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences with their customers Traditional media companies are investing in creating new experiences and reaching new audiences by leveraging emerging technologies and strategic platform partnerships For example WarnerMedia is developing and producing up to 10 shows per year for Snapchat from across its divisions including those with scripted drama and comedy formats
Disruptors are also ushering in a reinvention of advertising Evolving ad technologies as well as targeting and attribution expectations are reshaping the market Rapid growth in digital advertising (from $50 billion in 2015 to $107 billion in 2018) is in marked contrast to TV advertising revenue which remains flat As digital explodes itrsquos changing expectations for advertisers and audiences alike That includes intuitive and adaptive ad experiences dynamic product placement within actual content and new programmatic and addressable ad sales models
Finally media companies are becoming more aggressive in keeping pace with their nimble digital competitors when it comes to adopting a data-driven technology culture that cuts across content creation advertising dynamic pricing and user profiling
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US6
TECHVISION2019TECHVISION2019Introduction
Such pervasive industry disruption has deep implications for the way the media ecosystem is evolving shaking up outmoded technology paradigms and challenging the relevance of traditional business models To succeed future-minded leaders know that they will need every digital tool in their current arsenal and theyrsquoll also need new ones
This yearrsquos Accenture Technology Vision highlights five emerging trends that will shape businesses over the next three to five years Each trend shows how digital saturation is raising expectations abilities and risks across industries and how businesses are seeking new ways to differentiate themselves as the world moves toward the post-digital era
7 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US7
TECHVISION2019Introduction
UNDERSTANDING THE DNA OF DARQ
TREND 1
DARQ POWER
TECHVISION2019
8 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US8
TECHVISION2019TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US9
TECHVISION2019
The next set of technologies every company will need to master
Distributed Ledger Technology (DLT)
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
Distributed ledgers will expand networks by eliminating the need for trusted third parties And quantum technology will usher in novel ways to approach and solve the hardest computational problems
Individually each of these four technologies represent opportunities for media businesses to differentiate their products and services Collectively they will open unimagined new pathways into the future
AI already plays a critical role in optimizing processes and influencing strategic decision-making Extended reality an immersive technology creates entirely new ways for people to experience and engage with the world around them
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences Embracing the next generation of DARQ technologies will enable them to reimagine customer expectations in the future
9
TECHVISION2019TECHVISION2019
99
Trend 1 DARQ POWER
Across the DARQ technologies investments and adoption are rising steadily VR and AR saw a 12 percent increase in investment between 2016 and 2017 reaching $3 billion that year And companies invested $750 million in ARVR startups in the first quarter of 2018 Distributed ledger investments are exploding with blockchain and cryptocurrency-focused startups alone collecting almost $39 billion in investments in the first three quarters of 2018mdashnearly three times the total for all of 2017
PilotingAdopted across multiple business units Adopted in one business unit Evaluating or planning to pilot Not planning or evaluating for adoption Donrsquot know
GLOBAL GLOBAL GLOBALMEDIA
ARTIFICIAL INTELLIGENCE DISTRIBUTED LEDGERSBLOCKCHAIN EXTENDED REALITY
MEDIA MEDIA
24 21 2317
22 25
18 14 15 11 13 17
25 28 27 29 27 24
22 25 23
28
24 26
2 1 3 2 3 17 10 9 13 11 7
Our research shows that 94 percent of media executives are already experimenting with one or more DARQ technologies expecting them to be key differentiators Each technology is at a different point on the adoption curve
but the first wave of companies using DARQ technologies to drive differentiation is already here
Figure 1 Organizationrsquos stage of adoption for each of the following emerging technologies today
Global Sample n=6672 Media Executives n=166
10
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US10
Trend 1 DARQ POWER
Artificial Intelligence
When asked to rank which of the DARQ technologies will have the greatest impact on their organization over the next three years 36 percent of media executives ranked AI as number one AI is already a powerful tool with nearly all media organizations investing in experimenting with the technology Itrsquos poised to take on an even bigger role in digitally-led media companies The pressing need to maintain pace with digital natives and digital disruptors in the industry calls for applications of AI in every context from B2C to B2B
One of AIrsquos strong applications is managing advertising operations to maximize their accuracy and efficiency AIrsquos ability to mine existing data is also creating new ways to drive audience engagement notably via content recommendations and using cognitive technology to tag content gain a deeper understanding if audience behavior and improve targeted advertising
For example Italian publisher GEDI Group and its advertising sales agency Manzoni are partnering with Accenture to use Artificial Intelligence to better monetize digital content for both ad-funded and pay business This enables identification of highly-qualified audience segmentsmdashby age gender interest etcmdashand the ability to target them with extremely accurate advertising campaigns and tailored content 1 Greatest impact Second greatest impact Third greatest impact Fourth greatest impact
MEDIA MEDIA MEDIA MEDIA19
24
24
3623 19
27
26
17
2525 28
32
28 15 18 19
22 27
28 26
29 25
19
25 25
19
19
41
17 24 23
Distributed Ledger Blockchain
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
GLOBAL GLOBAL GLOBAL GLOBAL
Global Sample n=6672 Media Executives n=166
Figure 2 Technologies ranked by media executives in terms of which will have the greatest impact on their organization over the next three years
11
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US11
Trend 1 DARQ POWER
Extended Reality
Twenty three percent of media executives ranked extended reality as the technology likely to have the greatest impact over the next three years That finding is higher than the global average across industries and demonstrates the potential of this platform for media content owners and distributors Some like YouTube and Redbull have already created content exclusively for VR The proliferation of affordable cardboard VR viewers has standardized these experiences over the past few years The next stage of extended reality experiences is now arriving with virtual reality experiences supporting new ways to interact with live events such as sporting fixtures and concerts Star India for example has trialed VR livestreams of Indian Premier League cricket matches on its Hotstar platform 2 Experiences are taking the technology beyond a marketing concept and building them out at scale As these experiences improve and the technology becomes more accessible wersquoll see their mainstream adoption
Blockchain
Distributed ledger technologies like blockchain will increasingly support and protect the technology-based partnerships that media businesses need to grow and compete
Quantum Computing
While most traditional media companies have yet to explore quantum computing its enormous power will inevitably enable other DARQ technologies to reach new heights For example quantum could speed up complex AI-driven recommendation engines to deliver personalization with unprecedented precision Likewise quantum applied to programmatic ad buying could enable almost instant responses to market trends to drive targeting in real time
TECHVISION2019
12 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US12
Trend 1 DARQ POWER
TREND 2
GET TOKNOW MEUNLOCK UNIQUE CONSUMER OPPORTUNITIES13
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US13
TECHVISION2019
13 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 7: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/7.jpg)
Such pervasive industry disruption has deep implications for the way the media ecosystem is evolving shaking up outmoded technology paradigms and challenging the relevance of traditional business models To succeed future-minded leaders know that they will need every digital tool in their current arsenal and theyrsquoll also need new ones
This yearrsquos Accenture Technology Vision highlights five emerging trends that will shape businesses over the next three to five years Each trend shows how digital saturation is raising expectations abilities and risks across industries and how businesses are seeking new ways to differentiate themselves as the world moves toward the post-digital era
7 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US7
TECHVISION2019Introduction
UNDERSTANDING THE DNA OF DARQ
TREND 1
DARQ POWER
TECHVISION2019
8 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US8
TECHVISION2019TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US9
TECHVISION2019
The next set of technologies every company will need to master
Distributed Ledger Technology (DLT)
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
Distributed ledgers will expand networks by eliminating the need for trusted third parties And quantum technology will usher in novel ways to approach and solve the hardest computational problems
Individually each of these four technologies represent opportunities for media businesses to differentiate their products and services Collectively they will open unimagined new pathways into the future
AI already plays a critical role in optimizing processes and influencing strategic decision-making Extended reality an immersive technology creates entirely new ways for people to experience and engage with the world around them
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences Embracing the next generation of DARQ technologies will enable them to reimagine customer expectations in the future
9
TECHVISION2019TECHVISION2019
99
Trend 1 DARQ POWER
Across the DARQ technologies investments and adoption are rising steadily VR and AR saw a 12 percent increase in investment between 2016 and 2017 reaching $3 billion that year And companies invested $750 million in ARVR startups in the first quarter of 2018 Distributed ledger investments are exploding with blockchain and cryptocurrency-focused startups alone collecting almost $39 billion in investments in the first three quarters of 2018mdashnearly three times the total for all of 2017
PilotingAdopted across multiple business units Adopted in one business unit Evaluating or planning to pilot Not planning or evaluating for adoption Donrsquot know
GLOBAL GLOBAL GLOBALMEDIA
ARTIFICIAL INTELLIGENCE DISTRIBUTED LEDGERSBLOCKCHAIN EXTENDED REALITY
MEDIA MEDIA
24 21 2317
22 25
18 14 15 11 13 17
25 28 27 29 27 24
22 25 23
28
24 26
2 1 3 2 3 17 10 9 13 11 7
Our research shows that 94 percent of media executives are already experimenting with one or more DARQ technologies expecting them to be key differentiators Each technology is at a different point on the adoption curve
but the first wave of companies using DARQ technologies to drive differentiation is already here
Figure 1 Organizationrsquos stage of adoption for each of the following emerging technologies today
Global Sample n=6672 Media Executives n=166
10
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US10
Trend 1 DARQ POWER
Artificial Intelligence
When asked to rank which of the DARQ technologies will have the greatest impact on their organization over the next three years 36 percent of media executives ranked AI as number one AI is already a powerful tool with nearly all media organizations investing in experimenting with the technology Itrsquos poised to take on an even bigger role in digitally-led media companies The pressing need to maintain pace with digital natives and digital disruptors in the industry calls for applications of AI in every context from B2C to B2B
One of AIrsquos strong applications is managing advertising operations to maximize their accuracy and efficiency AIrsquos ability to mine existing data is also creating new ways to drive audience engagement notably via content recommendations and using cognitive technology to tag content gain a deeper understanding if audience behavior and improve targeted advertising
For example Italian publisher GEDI Group and its advertising sales agency Manzoni are partnering with Accenture to use Artificial Intelligence to better monetize digital content for both ad-funded and pay business This enables identification of highly-qualified audience segmentsmdashby age gender interest etcmdashand the ability to target them with extremely accurate advertising campaigns and tailored content 1 Greatest impact Second greatest impact Third greatest impact Fourth greatest impact
MEDIA MEDIA MEDIA MEDIA19
24
24
3623 19
27
26
17
2525 28
32
28 15 18 19
22 27
28 26
29 25
19
25 25
19
19
41
17 24 23
Distributed Ledger Blockchain
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
GLOBAL GLOBAL GLOBAL GLOBAL
Global Sample n=6672 Media Executives n=166
Figure 2 Technologies ranked by media executives in terms of which will have the greatest impact on their organization over the next three years
11
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US11
Trend 1 DARQ POWER
Extended Reality
Twenty three percent of media executives ranked extended reality as the technology likely to have the greatest impact over the next three years That finding is higher than the global average across industries and demonstrates the potential of this platform for media content owners and distributors Some like YouTube and Redbull have already created content exclusively for VR The proliferation of affordable cardboard VR viewers has standardized these experiences over the past few years The next stage of extended reality experiences is now arriving with virtual reality experiences supporting new ways to interact with live events such as sporting fixtures and concerts Star India for example has trialed VR livestreams of Indian Premier League cricket matches on its Hotstar platform 2 Experiences are taking the technology beyond a marketing concept and building them out at scale As these experiences improve and the technology becomes more accessible wersquoll see their mainstream adoption
Blockchain
Distributed ledger technologies like blockchain will increasingly support and protect the technology-based partnerships that media businesses need to grow and compete
Quantum Computing
While most traditional media companies have yet to explore quantum computing its enormous power will inevitably enable other DARQ technologies to reach new heights For example quantum could speed up complex AI-driven recommendation engines to deliver personalization with unprecedented precision Likewise quantum applied to programmatic ad buying could enable almost instant responses to market trends to drive targeting in real time
TECHVISION2019
12 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US12
Trend 1 DARQ POWER
TREND 2
GET TOKNOW MEUNLOCK UNIQUE CONSUMER OPPORTUNITIES13
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US13
TECHVISION2019
13 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 8: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/8.jpg)
UNDERSTANDING THE DNA OF DARQ
TREND 1
DARQ POWER
TECHVISION2019
8 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US8
TECHVISION2019TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US9
TECHVISION2019
The next set of technologies every company will need to master
Distributed Ledger Technology (DLT)
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
Distributed ledgers will expand networks by eliminating the need for trusted third parties And quantum technology will usher in novel ways to approach and solve the hardest computational problems
Individually each of these four technologies represent opportunities for media businesses to differentiate their products and services Collectively they will open unimagined new pathways into the future
AI already plays a critical role in optimizing processes and influencing strategic decision-making Extended reality an immersive technology creates entirely new ways for people to experience and engage with the world around them
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences Embracing the next generation of DARQ technologies will enable them to reimagine customer expectations in the future
9
TECHVISION2019TECHVISION2019
99
Trend 1 DARQ POWER
Across the DARQ technologies investments and adoption are rising steadily VR and AR saw a 12 percent increase in investment between 2016 and 2017 reaching $3 billion that year And companies invested $750 million in ARVR startups in the first quarter of 2018 Distributed ledger investments are exploding with blockchain and cryptocurrency-focused startups alone collecting almost $39 billion in investments in the first three quarters of 2018mdashnearly three times the total for all of 2017
PilotingAdopted across multiple business units Adopted in one business unit Evaluating or planning to pilot Not planning or evaluating for adoption Donrsquot know
GLOBAL GLOBAL GLOBALMEDIA
ARTIFICIAL INTELLIGENCE DISTRIBUTED LEDGERSBLOCKCHAIN EXTENDED REALITY
MEDIA MEDIA
24 21 2317
22 25
18 14 15 11 13 17
25 28 27 29 27 24
22 25 23
28
24 26
2 1 3 2 3 17 10 9 13 11 7
Our research shows that 94 percent of media executives are already experimenting with one or more DARQ technologies expecting them to be key differentiators Each technology is at a different point on the adoption curve
but the first wave of companies using DARQ technologies to drive differentiation is already here
Figure 1 Organizationrsquos stage of adoption for each of the following emerging technologies today
Global Sample n=6672 Media Executives n=166
10
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US10
Trend 1 DARQ POWER
Artificial Intelligence
When asked to rank which of the DARQ technologies will have the greatest impact on their organization over the next three years 36 percent of media executives ranked AI as number one AI is already a powerful tool with nearly all media organizations investing in experimenting with the technology Itrsquos poised to take on an even bigger role in digitally-led media companies The pressing need to maintain pace with digital natives and digital disruptors in the industry calls for applications of AI in every context from B2C to B2B
One of AIrsquos strong applications is managing advertising operations to maximize their accuracy and efficiency AIrsquos ability to mine existing data is also creating new ways to drive audience engagement notably via content recommendations and using cognitive technology to tag content gain a deeper understanding if audience behavior and improve targeted advertising
For example Italian publisher GEDI Group and its advertising sales agency Manzoni are partnering with Accenture to use Artificial Intelligence to better monetize digital content for both ad-funded and pay business This enables identification of highly-qualified audience segmentsmdashby age gender interest etcmdashand the ability to target them with extremely accurate advertising campaigns and tailored content 1 Greatest impact Second greatest impact Third greatest impact Fourth greatest impact
MEDIA MEDIA MEDIA MEDIA19
24
24
3623 19
27
26
17
2525 28
32
28 15 18 19
22 27
28 26
29 25
19
25 25
19
19
41
17 24 23
Distributed Ledger Blockchain
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
GLOBAL GLOBAL GLOBAL GLOBAL
Global Sample n=6672 Media Executives n=166
Figure 2 Technologies ranked by media executives in terms of which will have the greatest impact on their organization over the next three years
11
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US11
Trend 1 DARQ POWER
Extended Reality
Twenty three percent of media executives ranked extended reality as the technology likely to have the greatest impact over the next three years That finding is higher than the global average across industries and demonstrates the potential of this platform for media content owners and distributors Some like YouTube and Redbull have already created content exclusively for VR The proliferation of affordable cardboard VR viewers has standardized these experiences over the past few years The next stage of extended reality experiences is now arriving with virtual reality experiences supporting new ways to interact with live events such as sporting fixtures and concerts Star India for example has trialed VR livestreams of Indian Premier League cricket matches on its Hotstar platform 2 Experiences are taking the technology beyond a marketing concept and building them out at scale As these experiences improve and the technology becomes more accessible wersquoll see their mainstream adoption
Blockchain
Distributed ledger technologies like blockchain will increasingly support and protect the technology-based partnerships that media businesses need to grow and compete
Quantum Computing
While most traditional media companies have yet to explore quantum computing its enormous power will inevitably enable other DARQ technologies to reach new heights For example quantum could speed up complex AI-driven recommendation engines to deliver personalization with unprecedented precision Likewise quantum applied to programmatic ad buying could enable almost instant responses to market trends to drive targeting in real time
TECHVISION2019
12 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US12
Trend 1 DARQ POWER
TREND 2
GET TOKNOW MEUNLOCK UNIQUE CONSUMER OPPORTUNITIES13
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US13
TECHVISION2019
13 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 9: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/9.jpg)
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US9
TECHVISION2019
The next set of technologies every company will need to master
Distributed Ledger Technology (DLT)
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
Distributed ledgers will expand networks by eliminating the need for trusted third parties And quantum technology will usher in novel ways to approach and solve the hardest computational problems
Individually each of these four technologies represent opportunities for media businesses to differentiate their products and services Collectively they will open unimagined new pathways into the future
AI already plays a critical role in optimizing processes and influencing strategic decision-making Extended reality an immersive technology creates entirely new ways for people to experience and engage with the world around them
Digital disruptors have changed consumer expectations forcing a shift in how media organizations drive unique experiences Embracing the next generation of DARQ technologies will enable them to reimagine customer expectations in the future
9
TECHVISION2019TECHVISION2019
99
Trend 1 DARQ POWER
Across the DARQ technologies investments and adoption are rising steadily VR and AR saw a 12 percent increase in investment between 2016 and 2017 reaching $3 billion that year And companies invested $750 million in ARVR startups in the first quarter of 2018 Distributed ledger investments are exploding with blockchain and cryptocurrency-focused startups alone collecting almost $39 billion in investments in the first three quarters of 2018mdashnearly three times the total for all of 2017
PilotingAdopted across multiple business units Adopted in one business unit Evaluating or planning to pilot Not planning or evaluating for adoption Donrsquot know
GLOBAL GLOBAL GLOBALMEDIA
ARTIFICIAL INTELLIGENCE DISTRIBUTED LEDGERSBLOCKCHAIN EXTENDED REALITY
MEDIA MEDIA
24 21 2317
22 25
18 14 15 11 13 17
25 28 27 29 27 24
22 25 23
28
24 26
2 1 3 2 3 17 10 9 13 11 7
Our research shows that 94 percent of media executives are already experimenting with one or more DARQ technologies expecting them to be key differentiators Each technology is at a different point on the adoption curve
but the first wave of companies using DARQ technologies to drive differentiation is already here
Figure 1 Organizationrsquos stage of adoption for each of the following emerging technologies today
Global Sample n=6672 Media Executives n=166
10
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US10
Trend 1 DARQ POWER
Artificial Intelligence
When asked to rank which of the DARQ technologies will have the greatest impact on their organization over the next three years 36 percent of media executives ranked AI as number one AI is already a powerful tool with nearly all media organizations investing in experimenting with the technology Itrsquos poised to take on an even bigger role in digitally-led media companies The pressing need to maintain pace with digital natives and digital disruptors in the industry calls for applications of AI in every context from B2C to B2B
One of AIrsquos strong applications is managing advertising operations to maximize their accuracy and efficiency AIrsquos ability to mine existing data is also creating new ways to drive audience engagement notably via content recommendations and using cognitive technology to tag content gain a deeper understanding if audience behavior and improve targeted advertising
For example Italian publisher GEDI Group and its advertising sales agency Manzoni are partnering with Accenture to use Artificial Intelligence to better monetize digital content for both ad-funded and pay business This enables identification of highly-qualified audience segmentsmdashby age gender interest etcmdashand the ability to target them with extremely accurate advertising campaigns and tailored content 1 Greatest impact Second greatest impact Third greatest impact Fourth greatest impact
MEDIA MEDIA MEDIA MEDIA19
24
24
3623 19
27
26
17
2525 28
32
28 15 18 19
22 27
28 26
29 25
19
25 25
19
19
41
17 24 23
Distributed Ledger Blockchain
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
GLOBAL GLOBAL GLOBAL GLOBAL
Global Sample n=6672 Media Executives n=166
Figure 2 Technologies ranked by media executives in terms of which will have the greatest impact on their organization over the next three years
11
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US11
Trend 1 DARQ POWER
Extended Reality
Twenty three percent of media executives ranked extended reality as the technology likely to have the greatest impact over the next three years That finding is higher than the global average across industries and demonstrates the potential of this platform for media content owners and distributors Some like YouTube and Redbull have already created content exclusively for VR The proliferation of affordable cardboard VR viewers has standardized these experiences over the past few years The next stage of extended reality experiences is now arriving with virtual reality experiences supporting new ways to interact with live events such as sporting fixtures and concerts Star India for example has trialed VR livestreams of Indian Premier League cricket matches on its Hotstar platform 2 Experiences are taking the technology beyond a marketing concept and building them out at scale As these experiences improve and the technology becomes more accessible wersquoll see their mainstream adoption
Blockchain
Distributed ledger technologies like blockchain will increasingly support and protect the technology-based partnerships that media businesses need to grow and compete
Quantum Computing
While most traditional media companies have yet to explore quantum computing its enormous power will inevitably enable other DARQ technologies to reach new heights For example quantum could speed up complex AI-driven recommendation engines to deliver personalization with unprecedented precision Likewise quantum applied to programmatic ad buying could enable almost instant responses to market trends to drive targeting in real time
TECHVISION2019
12 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US12
Trend 1 DARQ POWER
TREND 2
GET TOKNOW MEUNLOCK UNIQUE CONSUMER OPPORTUNITIES13
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US13
TECHVISION2019
13 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 10: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/10.jpg)
Across the DARQ technologies investments and adoption are rising steadily VR and AR saw a 12 percent increase in investment between 2016 and 2017 reaching $3 billion that year And companies invested $750 million in ARVR startups in the first quarter of 2018 Distributed ledger investments are exploding with blockchain and cryptocurrency-focused startups alone collecting almost $39 billion in investments in the first three quarters of 2018mdashnearly three times the total for all of 2017
PilotingAdopted across multiple business units Adopted in one business unit Evaluating or planning to pilot Not planning or evaluating for adoption Donrsquot know
GLOBAL GLOBAL GLOBALMEDIA
ARTIFICIAL INTELLIGENCE DISTRIBUTED LEDGERSBLOCKCHAIN EXTENDED REALITY
MEDIA MEDIA
24 21 2317
22 25
18 14 15 11 13 17
25 28 27 29 27 24
22 25 23
28
24 26
2 1 3 2 3 17 10 9 13 11 7
Our research shows that 94 percent of media executives are already experimenting with one or more DARQ technologies expecting them to be key differentiators Each technology is at a different point on the adoption curve
but the first wave of companies using DARQ technologies to drive differentiation is already here
Figure 1 Organizationrsquos stage of adoption for each of the following emerging technologies today
Global Sample n=6672 Media Executives n=166
10
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US10
Trend 1 DARQ POWER
Artificial Intelligence
When asked to rank which of the DARQ technologies will have the greatest impact on their organization over the next three years 36 percent of media executives ranked AI as number one AI is already a powerful tool with nearly all media organizations investing in experimenting with the technology Itrsquos poised to take on an even bigger role in digitally-led media companies The pressing need to maintain pace with digital natives and digital disruptors in the industry calls for applications of AI in every context from B2C to B2B
One of AIrsquos strong applications is managing advertising operations to maximize their accuracy and efficiency AIrsquos ability to mine existing data is also creating new ways to drive audience engagement notably via content recommendations and using cognitive technology to tag content gain a deeper understanding if audience behavior and improve targeted advertising
For example Italian publisher GEDI Group and its advertising sales agency Manzoni are partnering with Accenture to use Artificial Intelligence to better monetize digital content for both ad-funded and pay business This enables identification of highly-qualified audience segmentsmdashby age gender interest etcmdashand the ability to target them with extremely accurate advertising campaigns and tailored content 1 Greatest impact Second greatest impact Third greatest impact Fourth greatest impact
MEDIA MEDIA MEDIA MEDIA19
24
24
3623 19
27
26
17
2525 28
32
28 15 18 19
22 27
28 26
29 25
19
25 25
19
19
41
17 24 23
Distributed Ledger Blockchain
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
GLOBAL GLOBAL GLOBAL GLOBAL
Global Sample n=6672 Media Executives n=166
Figure 2 Technologies ranked by media executives in terms of which will have the greatest impact on their organization over the next three years
11
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US11
Trend 1 DARQ POWER
Extended Reality
Twenty three percent of media executives ranked extended reality as the technology likely to have the greatest impact over the next three years That finding is higher than the global average across industries and demonstrates the potential of this platform for media content owners and distributors Some like YouTube and Redbull have already created content exclusively for VR The proliferation of affordable cardboard VR viewers has standardized these experiences over the past few years The next stage of extended reality experiences is now arriving with virtual reality experiences supporting new ways to interact with live events such as sporting fixtures and concerts Star India for example has trialed VR livestreams of Indian Premier League cricket matches on its Hotstar platform 2 Experiences are taking the technology beyond a marketing concept and building them out at scale As these experiences improve and the technology becomes more accessible wersquoll see their mainstream adoption
Blockchain
Distributed ledger technologies like blockchain will increasingly support and protect the technology-based partnerships that media businesses need to grow and compete
Quantum Computing
While most traditional media companies have yet to explore quantum computing its enormous power will inevitably enable other DARQ technologies to reach new heights For example quantum could speed up complex AI-driven recommendation engines to deliver personalization with unprecedented precision Likewise quantum applied to programmatic ad buying could enable almost instant responses to market trends to drive targeting in real time
TECHVISION2019
12 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US12
Trend 1 DARQ POWER
TREND 2
GET TOKNOW MEUNLOCK UNIQUE CONSUMER OPPORTUNITIES13
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US13
TECHVISION2019
13 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 11: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/11.jpg)
Artificial Intelligence
When asked to rank which of the DARQ technologies will have the greatest impact on their organization over the next three years 36 percent of media executives ranked AI as number one AI is already a powerful tool with nearly all media organizations investing in experimenting with the technology Itrsquos poised to take on an even bigger role in digitally-led media companies The pressing need to maintain pace with digital natives and digital disruptors in the industry calls for applications of AI in every context from B2C to B2B
One of AIrsquos strong applications is managing advertising operations to maximize their accuracy and efficiency AIrsquos ability to mine existing data is also creating new ways to drive audience engagement notably via content recommendations and using cognitive technology to tag content gain a deeper understanding if audience behavior and improve targeted advertising
For example Italian publisher GEDI Group and its advertising sales agency Manzoni are partnering with Accenture to use Artificial Intelligence to better monetize digital content for both ad-funded and pay business This enables identification of highly-qualified audience segmentsmdashby age gender interest etcmdashand the ability to target them with extremely accurate advertising campaigns and tailored content 1 Greatest impact Second greatest impact Third greatest impact Fourth greatest impact
MEDIA MEDIA MEDIA MEDIA19
24
24
3623 19
27
26
17
2525 28
32
28 15 18 19
22 27
28 26
29 25
19
25 25
19
19
41
17 24 23
Distributed Ledger Blockchain
Artificial Intelligence (AI)
Extended Reality (XR)
Quantum Computing
GLOBAL GLOBAL GLOBAL GLOBAL
Global Sample n=6672 Media Executives n=166
Figure 2 Technologies ranked by media executives in terms of which will have the greatest impact on their organization over the next three years
11
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US11
Trend 1 DARQ POWER
Extended Reality
Twenty three percent of media executives ranked extended reality as the technology likely to have the greatest impact over the next three years That finding is higher than the global average across industries and demonstrates the potential of this platform for media content owners and distributors Some like YouTube and Redbull have already created content exclusively for VR The proliferation of affordable cardboard VR viewers has standardized these experiences over the past few years The next stage of extended reality experiences is now arriving with virtual reality experiences supporting new ways to interact with live events such as sporting fixtures and concerts Star India for example has trialed VR livestreams of Indian Premier League cricket matches on its Hotstar platform 2 Experiences are taking the technology beyond a marketing concept and building them out at scale As these experiences improve and the technology becomes more accessible wersquoll see their mainstream adoption
Blockchain
Distributed ledger technologies like blockchain will increasingly support and protect the technology-based partnerships that media businesses need to grow and compete
Quantum Computing
While most traditional media companies have yet to explore quantum computing its enormous power will inevitably enable other DARQ technologies to reach new heights For example quantum could speed up complex AI-driven recommendation engines to deliver personalization with unprecedented precision Likewise quantum applied to programmatic ad buying could enable almost instant responses to market trends to drive targeting in real time
TECHVISION2019
12 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US12
Trend 1 DARQ POWER
TREND 2
GET TOKNOW MEUNLOCK UNIQUE CONSUMER OPPORTUNITIES13
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US13
TECHVISION2019
13 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 12: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/12.jpg)
Extended Reality
Twenty three percent of media executives ranked extended reality as the technology likely to have the greatest impact over the next three years That finding is higher than the global average across industries and demonstrates the potential of this platform for media content owners and distributors Some like YouTube and Redbull have already created content exclusively for VR The proliferation of affordable cardboard VR viewers has standardized these experiences over the past few years The next stage of extended reality experiences is now arriving with virtual reality experiences supporting new ways to interact with live events such as sporting fixtures and concerts Star India for example has trialed VR livestreams of Indian Premier League cricket matches on its Hotstar platform 2 Experiences are taking the technology beyond a marketing concept and building them out at scale As these experiences improve and the technology becomes more accessible wersquoll see their mainstream adoption
Blockchain
Distributed ledger technologies like blockchain will increasingly support and protect the technology-based partnerships that media businesses need to grow and compete
Quantum Computing
While most traditional media companies have yet to explore quantum computing its enormous power will inevitably enable other DARQ technologies to reach new heights For example quantum could speed up complex AI-driven recommendation engines to deliver personalization with unprecedented precision Likewise quantum applied to programmatic ad buying could enable almost instant responses to market trends to drive targeting in real time
TECHVISION2019
12 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US12
Trend 1 DARQ POWER
TREND 2
GET TOKNOW MEUNLOCK UNIQUE CONSUMER OPPORTUNITIES13
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US13
TECHVISION2019
13 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 13: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/13.jpg)
TREND 2
GET TOKNOW MEUNLOCK UNIQUE CONSUMER OPPORTUNITIES13
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US13
TECHVISION2019
13 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 14: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/14.jpg)
Media companies must invest in reaching new audiences while also creating seamless hyper-relevant advertising experiences to reach a fluid customer base with complex and evolving needs
THE KEY OPPORTUNITY FOR THE MEDIA INDUSTRY
14 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US14
TECHVISION2019Trend 2 GET TO KNOW ME
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 15: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/15.jpg)
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US15
Media IT and business executives are well aware of the potential with 80 percent agreeing that digital demographics give their organization a new way to identify market opportunities for unmet customer needs
Agree Strongly agree
MEDIA
8049
GLOBAL
8345
38
31
New sources of data mean new revenue opportunities while also providing highly relevant experiences that benefit the consumer The sets of technologies people choose to use are now so integrated into their lives that they have become a part of consumersrsquo identities and media leaders are using those identities to create a new generation of offerings
Digital identities are part of an emerging enterprise feedback loop one that first began to show its potential with the personalization efforts of the digital era Through digital technologies media companies gained new direct touchpoints with customers They used the resulting ldquosnapshotsrdquo of insight into customer needs and goals to deliver personalized products and services which in turn gave them even more insight into their customers
Now that technology-driven feedback loop is about to kick into overdrive As the world moves into the post-digital era media companies are beginning to build new products and services that shift the one-off transactional exchanges between businesses and consumers to an ongoing customized relationship They are moving beyond personalized products to individualized experiences creating a one-to-one relationship with each customer where technology plays the starring and ever-present role
Global Sample n=6672 Media Executives n=166
Figure 3 Digital demographics are expanding the number of ways media companies deliver products and services
TECHVISION2019Trend 2 GET TO KNOW ME
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 16: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/16.jpg)
We are already seeing signs of this Companies are beginning to understand the very different responses individuals have to the ad loads served up to them In the UK Sky is using machine learning and AI to connect with individual customers They can tell who is watching what on which device and serve the right number and type of ads according to that userrsquos behavior and preferences 4
Connecting with customers through relevant ads is really the first stage in the journey to create end-to-end individualized experiences Wersquore now starting to see media companies experiment with offering customers ways to interact directly with the content itself Netflix for example has produced ldquoBlack Mirror Bandersnatchrdquo a truly interactive film where consumers can make choices that influence the storyline making each viewing truly unique 5
Other media companies are exploring ways to enable consumers to interact via a second-screen to create highly-engaging digital media experiences Start-up Applicaster is just one example The second-screen app factory helped boost downloads of Dish Nation a companion app for Dish Networkrsquos Fox-syndicated TV show by 2080 percent as well as increasing average four-day usage by 598 percent 6
From interactive content to connected devices a balance needs to be struck between the wealth of data thatrsquos available the value it creates and the need to maintain consumer trust Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share As all these capabilities increasingly depend on AI itrsquos essential that therersquos robust governance around its use to avoid bias ensure security and maintain compliance with data standards such as GDPR
Itrsquos not just identifying what a customer wants that matters Media companies must continuously curate that content to ensure it is constantly relevant to every individual consumer That means driving engagement to ever higher levels to go beyond retention and instead truly delight consumers by anticipating their needs AI and machine learning have a key role to play here in harnessing the surging amounts of data that can inform even greater relevance so the entire experience can be personalized along the customer journey
Even for those media organizations that are not the platform owners their first step needs to be identifying opportunities for interaction Doing this successfully requires a complete shift in mindset Rather than relying on segmentation alone media companies need to think in terms of the relationship they have with every customer and exactly how to interact with them as individuals
Consumers want to know that their private data is safe They also want clear value from the data that they do agree to share
16
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US16
Trend 2 GET TO KNOW ME
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 17: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/17.jpg)
TREND 3
HUMAN+ WORKER
17
EVOLVE YOUR WORKPLACE TO ENHANCE YOUR WORKFORCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US17
TECHVISION2019
1717 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 18: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/18.jpg)
As media companies transform to look and act more like technology companies they must develop workforce expertiseand operating models that empower data-driven decision making culture
GLOBAL
7141
30
70
MEDIA
42
28
Agree Strongly agree
The workforce is becoming ldquohuman+rdquo each individual is empowered by their skillsets and knowledge plus a new constantly growing set of capabilities made possible through technology But as the line between employees and the technology they use blurs a new divide is emerging The workforce is evolving at a rapid pace incorporating new technology-driven abilities and
skills to deliver value for the companymdashwhile the enterprise itself is still optimized for the workforce of the past 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
Global Sample n=6672 Media Executives n=166
Figure 4 70 percent of media executives agree their employees are more digitally mature than their organization resulting in a workforce ldquowaitingrdquo for the organization to catch up
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US18
TECHVISION2019Trend 3 HUMAN+ WORKER
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 19: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/19.jpg)
But that also means an increasing number of career paths for businesses to identify manage and support The BBC is attempting to capture and grow these skills early through apprenticeship programs In early 2019 they began recruiting for the Data Scientist Degree Apprentices offering a practical understanding of BI and AI systems and their use in the fast-moving broadcast industry 7 While this is one way to align talent-finding strategies with the capabilities of human+ workers when we look at investments in learning and reskilling as a whole they are falling short of where they need to be Knowledge management and access strategies havenrsquot kept pace more information is available than ever for both workers and organizations but it has become harder to find as people move fluidly between roles
Technology innovation combined with increasing employee velocity has created an ever-expanding number of potential paths for workers to explore
TECHVISION2019
19 MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US19
Trend 3 HUMAN+ WORKER
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 20: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/20.jpg)
The bottom line for media companies Adapt the technology strategies that have successfully created this next-generation workforce to empower them even further Through AI extended reality (XR) and sentiment analysis media businesses can propel their workforce forward blazing a trail for the companyrsquos continued growth
However doing so is a huge challenge for the media industry which needs to engage an increasingly diverse set of expertise to support an ever-wider range of digital businesses To remain competitive and future-proof companies need to focus on developing skills that will support their growth in the post-digital era Digital transformation journeys must include a strong focus on the relevance of the roles and skills companies have today as well as those theyrsquoll need tomorrow
To see what some of those skills need to look like itrsquos worth checking out the digital natives and how they operate Take Spotify for example Its success is deeply rooted in the agile methodologies and cloud-first models it uses to rapidly scale and grow its business 8 Illustrating that itrsquos not just how companies deploy technology but where that will increasingly
count in the future So reskilling the workforce to be knowledgeable of cloud-centric business models is essential Equally itrsquos vital to understand how test deploy run models can be automated and supported by AI to improve efficiency and enhance benefits
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions People can be trained to code or work in the cloud but they must also have the willingness to work across functions in order to integrate business and technology into a single value-producing engine
So how can media companies attract the talent needed to be successful in the evolving post-digital ecosystem One approach is the collaboration between the Fossil Foundation Pearson and Accenturersquos Dock They have joined the Unreasonable Group to launch Unreasonable FUTUREmdasha bold multi-year initiative that brings together disruptive innovators and entrepreneurs to design a future in which people and technology work side-by-side to solve workplace challenges and unlock human potential everywhere 9
Technical skills vital as they are should not eclipse the need for softer skills such as flexibility and adaptability and the ability to work collaboratively and effectively across functions
20
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US20
Trend 3 HUMAN+ WORKER
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 21: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/21.jpg)
TREND 4
SECURE US TO SECURE ME ENTERPRISES ARE NOT VICTIMS
THEYrsquoRE VECTORSMEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US21
TECHVISION2019TECHVISION2019
21
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 22: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/22.jpg)
Todayrsquos ecosystem-dependent business is highly susceptible to cyberattacks that can cripple its enterprise grow rapidly and expand to threaten the companyrsquos entire ecosystem While media companies find rich opportunities in working with whole ecosystems they are simultaneously extending and absorbing the risk and vulnerabilities of their ecosystem partners
Media companies are unlocking value by playing new ecosystem roles Those developing new platform ecosystems must hold security at the center of developing those new partnerships to establish the right consumer trust
22
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US222222
Trend 4 SECURE US TO SECURE ME
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 23: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/23.jpg)
Threat actors see ecosystems as an ever-widening attack surface while most media businesses still look at cybersecurity as strictly an individual effort
Only 36 percent
of media executives say they know that their ecosystem partners are working diligently like they are to be compliant and resilient with regard to security
GLOBAL MEDIA
56 50
29 3614 13
1 11
Trust Doubt Do not knowKnow Hope
Global Sample n=6672 Media Executives n=166
Figure 5 Only 36 percent of media executives know their ecosystem partners are working diligently to be compliant and resilient with regard to security
23
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US23
Trend 4 SECURE US TO SECURE ME
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 24: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/24.jpg)
To respond to this dichotomy organizations must include growing ecosystem dependencies as part of their own security posture and make security a cardinal component of how they build partnerships Interconnectedness increases companiesrsquo exposures to risks and leading media businesses are recognizing that while they already collaborate to deliver best-in-class products services and experiences itrsquos high time security joins that effort as well
24
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US242424
Trend 4 SECURE US TO SECURE ME TECHVISION2019
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 25: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/25.jpg)
Establishing ecosystem security processes is not one and done All participants must ensure they are future proofing while being cognizant of growth OpenAP the open platform for cross publisher audience targeting ensures that agencies and advertisers can maintain strict control over which partners can analyze their target segments The platform was designed with security and rights management as fundamental requirements allowing for secure growth as new partners are on-boarded
One way media leaders can better understand the risk they and their ecosystems face is by expanding their approach to threat modeling Threat modeling across an entire ecosystem will help companies expose and understand immediate enterprise and ecosystem risk But businesses do not stand stillmdash and neither does risk Ecosystem partners are changing constantly bringing with them new business ambitions priorities and limitations in operational maturitymdashyet assessing security risks is a step that is frequently bypassed when these business relationships change or grow Only 38 percent of businesses report including the chief information security officer (CISO) when considering new business opportunities
Media companies are increasingly being targeted by cybercriminals looking to steal their intellectual property 10 Theyrsquore vulnerable because they store their valuable content in the cloud That creates an urgent requirement for them to enforce strong security from their cloud providers But it goes beyond that They need to safeguard the entire value-chain evaluating vendorsrsquo and partnersrsquo security practices and working with them to create optimized internal processes and standards
Media businesses also need to protect their content rights by monitoring for breaches For example Sky has partnered with Google Cloud to use machine learning that identifies the pirated streaming of sporting events in which Sky owns exclusive and extremely valuable rights 11 Also in the UK Synamedia recently unveiled a new service that uses machine learning to spot shared passwords among viewers using streaming services 12 By looking at a range of factors the solution detects patterns that indicate a shared password If the sharing pattern is extreme indicating that the credentials may have been sold to multiple users for example the provider can shut down the accounts But if itrsquos more benign maybe a password shared between a family the
provider can send a nudge over email suggesting an upgrade to a premium account
As well as protecting their own IP media organizations must also work together to protect consumer data Not only is this important because of new regulatory demands such as GDPR but itrsquos critical to maintain trust with consumers Accenture partnered with BBC on the launch of its digital services helping to enable tens of millions of concurrent users to sign on securely and protect their personal information from attack 13
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought Instead itrsquos a prominent concern built into project planning and contracting with partners
As awareness of security increases and media businesses create more partnerships to provide richer services security is no longer an afterthought
25
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US25
Trend 4 SECURE US TO SECURE ME
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 26: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/26.jpg)
TREND 5
MYMARKETSMEET CONSUMERSrsquo NEEDS AT THE SPEED OF NOW
26
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US262626
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 27: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/27.jpg)
With direct digital access to customers and increasingly powerful analytics capabilities media companies can understand their current and potential markets with increased accuracy And with sophisticated backend technology that can reorient the business quickly they can deliver for those momentary markets faster than ever before Put those capabilities together and every moment is a chance to deliver a new product or service designed not just for a specific customer but for their needs at a specific point in time
Traditional media companies must evolve from B2B organizations to become customer-first by building their knowledge of each individual and delivering the right content at the right time
27
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US27
Trend 5 MYMARKETS
With companies workforces consumers and industries now inextricably connected being digital is no longer enough for a media business to differentiate itself But it does give media organizations a foothold for their next big opportunity capturing moments
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 28: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/28.jpg)
When unsatisfied 76 of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
When unsatisfied 76 percent of customers believe it is easier than ever to simply take their business elsewhere But opportunity awaits the businesses that are prepared to capture the moments when they come Their ability to remain continuously relevantmdasha living business in the face of constantly changing customer partner or employee needsmdashwill set them apart in a way that was not previously possible
MISS THE MOMENT AND THERE IS NO SECOND CHANCE
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US28
TECHVISION2019
2828
TECHVISION2019Trend 5 MYMARKETS
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 29: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/29.jpg)
But before media companies can deliver for a given moment they have to know that the opportunity exists While they already do demand planning and forecasting on a large scale in the era of momentary markets forecasts and predictive models wonrsquot be limited to long-range planning or major trends Instead theyrsquoll be used for everything to anticipate key opportunities
To anticipate these moments of opportunity media organizations must dramatically improve the granularity of their forecasting and the first step is turning to AI It is not a question of simply collecting more data however Companies already have huge and growing amounts of information about consumer behaviors content trends advertising needs and so on The challenge No team can tackle this deluge of information alone
When it comes to addressing momentary markets the media already holds a lot of power Companies in this
industry are at the tip of the spear inventing and curating many of the trends that others will soon follow Disney for example is capitalizing on its leadership by releasing its own streaming service This service Disney+ is spearheading a trend in the marketplace going direct-to-consumer and offering a vast library of exclusive content 14
Other media companies are similarly taking advantage by revising their licensing models to create new markets After all many customers follow the content not the platform its being shown on That may mean exploring new content windows with more rapid cycles giving restricted rights to more players and establishing innovative methods of increasing overall value One technology to control and enable this could be blockchain Blockchain can be used to impose strict time-limited access to content in order to create a series of new value steams from the same content 15
GLOBAL
8546
39
85
MEDIA
43
42
Agree Strongly agree
85 percent of media executives agree that the integration of customization and real-time delivery will be the next big wave of competitive advantage
Global Sample n=6672 Media Executives n=166
Figure 6 Most media executives see the importance of the integration of customization and real-time delivery to their business
29
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US29
Trend 5 MYMARKETS
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 30: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/30.jpg)
How can media companies make the leap They can transform their core businesses and operations to realize efficiencies that unlock trapped value This will free up cashflows that can be used to grow their core businesses and scale into new ventures and ultimately compete better with disruptors The hallmark of successful media organizations will be those who take their digital transformation to the next level applying new technologies investing in talent and organization to build skillsets and building deep trust-based relationships with customers employees and business partners
PULLING IT ALL TOGETHER
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US30
TECHVISION2019
3030
Trend 5 MY MARKETS
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 31: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/31.jpg)
CONTACTS STAYCONNECTED
wwwaccenturecommedia-morphosis
Accenture Comms and Media
Accenture Comms
SHAD FAMILYMedia and Entertainment Lead North America
farshadfamilyaccenturecom
31
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US31
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 32: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/32.jpg)
RESEARCH METHODOLOGYEvery year the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies government agencies and other organizations in the coming years These trends have significant impact across industries and are actionable for businesses today
The research process begins by gathering input from the Technology Vision External Advisory Board a group of more than two dozen experienced individuals from the public and private sectors academia venture capital and entrepreneurial companies In addition the Technology Vision team conducts interviews with technology luminaries and industry experts as well as nearly 100 Accenture business leaders from across the organization
Each year the research process also includes a global survey of thousands of business and IT executives from around the world to understand their perspectives on the impact of technology in business Survey responses help to identify the technology strategies and priority investments of companies from across industries and geographies
As a shortlist of themes emerges from the research process the Technology Vision team reconvenes its advisory board The boardrsquos workshop a series of lsquodeep-diversquo sessions with Accenture leadership and external subject-matter experts validates and further refines the themes
These processes weigh the themes for their relevance to real-world business challenges The Technology Vision team seeks ideas that transcend the well-known drivers of technological change concentrating instead on the themes that will soon start to appear on the C-level agendas of most enterprises
About the Technology Vision
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US32
TECHVISION2019
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 33: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/33.jpg)
27 Countries(Respondent Location)
1 Argentina2 Australia 3 Austria4 Brazil5 Canada6 Chile7 China8 Columbia9 France
10 Germany 11 India 12 Indonesia13 Ireland14 Japan15 Malaysia16 Peru17 Poland18 Portugal
19 Saudi Arabia20 Singapore21 South Africa22 Spain23 Switzerland24 Thailand25 UAE26 UK27 United States
20 Industries1 Aerospace
and Defense 2 Automotive3 Banking 4 Consumer Goods
and Services5 Chemicals 6 Communications
7 Energy 8 Healthcare9 Industrial
Equipment10 Insurance 11 Life Sciences 12 Media13 Metals and Mining
14 Public Service 15 Retail 16 Semiconductors 17 Software and
Platforms18 Transportation19 Travel 20 Utilities
Revenues (USD)1 $50 billion or more2 $20-$499 billion3 $10-$199 billion
4 $6-$99 billion5 $1-$59 billion6 $250-$999 million
Roles (50 percent Business Executives50 percent IT Executives Director Level and Above)
bull Chief Information Officerbull Chief Mobility Officer bull Chief Technology Officer bull Chief Marketing Officerbull Chief Finance Officerbull Chief Operating Officerbull Chief Security Officerbull Chief Information Security Officer
bull Chief Strategy Officerbull Director of Technologybull Director ITbull Director of Business Function
(Non IT-related)bull Director Line of Business
(Non IT-related)
SURVEY DEMOGRAPHICS
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US33
TECHVISION2019TECHVISION2019
33
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
![Page 34: The Post-Digital Era is Upon Us ARE YOU READYF OR WHAT’S … · 2019. 10. 22. · GLOBAL GLOBAL GLOBAL GLOBAL Global Sample n=6672; Media Executives n=166 Figure 2. Technologies](https://reader036.vdocument.in/reader036/viewer/2022071021/5fd5471b8ee42e44304c3baf/html5/thumbnails/34.jpg)
REFERENCES1 wwwaccenturecomie-encase-studiescommunications-mediamanzoni
2 wwwfortuneindiacomtechnologyhotstars-vr-venture-novelty-or-game-changer101726
3 wwwadweekcomprogrammaticcomcast-is-working-with-spectrum-and-viacom-on-a-blockchain-based-identity-solution
4 wwwcomputerweeklycomnews252448534Sky-mixes-Adobe-machine-intelligence-and-intuition
5 wwwthevergecom20191218165182black-mirror-bandersnatch-netflix-interactive-strategy-marketing
6 venturebeatcom20190326applicaster-raises-22-million-to-develop-second-screen-experiences
7 wwwdatacampcomcommunityblogdata-science-bbc
8 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
9 mediumcommedia_75624exploring-key-elements-of-spotifys-agile-scaling-model-471d2a23d7ea
10 wwwpearsoncomcorporatenewsmedianews-announcements201903fossil-foundation--pearson--accenture--unreasonable-group-launchhtml
11 wwwamericanbarorggroupsintellectual_property_lawpublicationslandslide2017-18march-aprilheld-hostage
12 wwwcomputerworldukcomdatasky-turns-machine-learning-shut-down-premier-league-pirate-sites-3681318
13 wwwthevergecom20191818174161netflix-hbo-hulu-shared-password-account-synamedia-machine-learning-ai
14 Accenture Investor amp Analyst Conference Transcript
15 wwwbloombergcomnewsarticles2019-04-12disney-service-to-cost-6-99-a-month-undercutting-netflix
16 wwwstreamingmediacomArticlesReadArticleaspxArticleID=125704 httpswwwforbescomsitesbradadgate20181112the-ripple-effect-of-streaming-video1288eb0e4327
34
TECHVISION2019
MEDIA TECHNOLOGY VISION 2019 THE POST-DIGITAL ERA IS UPON US34
About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture
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About AccentureAccenture is a leading global professional services company providing a broad range of services and solutions in strategy consulting digital technology and operations Combining unmatched experience and specialized skills across more than 40 industries and all business functionsmdashunderpinned by the worldrsquos largest delivery networkmdashAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders With 469000 people serving clients in more than 120 countries Accenture drives innovation to improve the way the world works and lives Visit us at wwwaccenturecom
About Accenture LabsAccenture Labs incubates and prototypes new concepts through applied RampD projects that are expected to have a significant impact on business and society Our dedicated team of technologists and researchers work with leaders across the company and external partners to imagine and invent the future
Accenture Labs is located in seven key research hubs around the world San Francisco CA Sophia Antipolis France Washington DC Shenzhen China Bangalore India Herzliya Israel and Dublin Ireland and 25 Nano Labs The Labs collaborates extensively with Accenturersquos network of nearly 400 innovation centers studios and centers of excellence located in 92 cities and 35 countries globally to deliver cutting-edge research insights and solutions to clients where they operate and live For more information please visit wwwaccenturecomlabs
About Accenture ResearchAccenture Research shapes trends and creates data driven insights about the most pressing issues global organizations face Combining the power of innovative research techniques with a deep understanding of our clientsrsquo industries our team of 300 researchers and analysts spans 20 countries and publishes hundreds of reports articles and points of view every year Our thought-provoking researchmdashsupported by proprietary data and partnerships with leading organizations such as MIT and Harvardmdashguides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients For more information visit wwwaccenturecomresearch
Copyright copy 2019 Accenture All rights reserved
Accenture its logo and High Performance Delivered are trademarks of Accenture