Social Media: State of the Union

Social Media isn’t new any more.  The Innovators have been here for a while, the Early Adopters & The Main Stream can’t quite figure out what to do with it.  So what has been happening while we wait for the Loggards?  What’s next?

The Payments Industry is dragging it’s feet as ever, but there are some pretty amazing things happening.

First Generation Social Media Platforms and Market Leaders are in the cross hairs of the major stakeholders in the Hardware and Software wars of the past decade(s).  Google launched Buzz to take on Twitter, while Microsoft have launched Windows Mobile 7 & integrated Augmented Reality into Bing Maps.

This is all happening at the same time as a huge gathering for Mobile Operators have announced an App Platform that makes the Apple App Store look small fry.

What I’m taking from all this is that History is repeating itself.  Apple have completed the first usable implementation of Smart Phones like they did with the GUI, but their closed system will be eaten alive by the creativity of Open.  Keep watching what happens with App Platforms, its a fairly open play at this point but will change everything in the next decade.

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About Sy

Innovation Lead in the Payments Processing Market. Looking for fun in all the right places :)
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