Internet Innovation has Changed your Business and What you can expect!
Take into consideration the following decade and the evolution of technology and internet innovation throughout these years. From 2010 onwards, each year brought something new to the system and each advancement had its own unique effect on society.
A New Direction in Social Media
This was a significant time for social media networks and its users. Instagram launched in October 2010 and photo-sharing social media was introduced. Instagram brought a different type of view to the entire social scene.
The application was initially designed to focus solely on instant communication through images – hence the name Instagram – which could be done by uploading photos, commenting on other users’ images and also liking them.
From a handful of users, Instagram became a giant in the social network landscape by gathering 100,000 in just one week, later increasing its user signups to 1 million in 2 months. Today around 27 million individuals globally use Instagram and is an effective internet marketing and social media advertising tool.
Social Network Battles
LTE was officially launched for users to have rapid internet speeds. It was developed to be 10 times faster than 3G and superior to 4G speeds that are currently available. Not only does LTE give increased speeds but also improves performance capabilities. This gave the upper hand to website designers and app developers who could now add more details to websites and applications. LTE’s increased bandwidth allowed designers and developers to create advanced gaming environments for gamers, along with real-time interaction with other users through mobile devices.
In the same year, we saw the launch of Google+, another social network owned by Google, designed to challenge other networks like Facebook, Twitter and LinkedIn. It was a useful tool, but the features it offered already existed within other services and platforms. Even though it isn’t as effective as other previously mentioned social networks, it’s Google’s social layer and augments other services such as Gmail, Play Store and Search, and having said this, many digital agencies today use Google Search to competitively rank in its search engine.
Facebook steps up its game
This was an important year for social behemoth Facebook who reached 1 billion users, signifying their position as a leading social network. In the same year, Facebook became official owners of Instagram by paying $1billion in cash and stock and showing the importance of photos and other media online.
Consider the following, Facebook knew that Instagram had a slightly better idea of what its users were doing and what they like doing. Example, chefs take pictures of their foods, skiers take selfies on the top of mountain slopes, and so forth. Facebook’s databases needed information like that of Instagram’s to optimize the media it brings to the user. This data is worth a lot! So if you’re a skier and want to reach a ski resort in the Alps, well Instagram could offer this, something that Facebook couldn’t do at the time.
Internet Economy fueled by New Internet Innovations
There was noticeably a large focus in internet economy and technological change. The world as we know it was and still is hyper-connected and all sectors of the economy will have technology embedded in one way or another.
The next 10 years would show a massive evolution in internet economy which will be fuelled by innovations in technology such as Artificial Intelligence, Blockchain and the Internet of Things (IoT). We see these technologies affecting certain features and industries in today’s society with greater visibility over transactions and assets or smartphones being equipped with bar codes.
Furthermore, there were improvements in the digital and internet marketing industry. Everything from creating a Facebook Ad to digitally transforming how marketers interact with consumers captured a large percentage of the world’s revenue for agencies of all disciplines.
Better Internet Connection, Better Human Connection
Improved 5G networks that offer faster connectivity at low latencies and lower power consumptions were promoted this year. Mobile connectivity was and still is faster than before and will fuel innovation in augmented reality, virtual reality, media, cloud services and the IoT. It will create business opportunities throughout many industries including the digital and internet marketing industries.
Another key aspect of 2018 was optimized communications. It’s clear to see that businesses cannot function successfully without connection or communication so internet speeds in general improved significantly this year. The faster and better internet connections become, the faster and better human connections become also. This goes without saying, that it improves the way agencies produce work also, by maintaining a strong connection between the agency, their team – either local or abroad – and of course their clients.
A Glimpse into the Future
A new year and new decade is here and internet innovation is continuously improving and expanding. Major innovations such as blockchain, artificial intelligence, virtual reality and augmented reality are the future of society and most trends, if not all, will eventually revolve around these.
The digital marketing landscape, for instance, is a large sector that’s bursting for opportunities like this. Can you picture yourself in a world where voice search will be used in conjunction with A.I, or perhaps influencers with virtual reality or blockchain? Combining internet innovations with recent technologies and trends can be likened to a road into the future.
…If you’re out of date with trends so far, then your brand reach and repetition is limited..
Marketing trends in 2020 like chatbots, voice search, micro-influencers and programmatic advertising need to be seriously considered, as we see the general pull of digital marketing going in the direction of a more personal relationship with targeted niches.
Taking into consideration the above, the means of creating those connections rely on new technology and innovations. Digital marketing’s heart though remains the same as people get what they want and how they want it, with the new decade and its technology opening new ways and opportunities.
In order to stay up to date with internet innovations and advancements in the digital marketing industry, get in touch with us today and get your free consultation so that you, your brand and business are aligned with all the latest trends of this decade.