The end of the phone number is in sight
We’ve been without our phone numbers for a month. How have we managed?
Continue Reading 3 comments April 24, 2009
The post-telecom era – still undefined but less fuzzy.
Ecomm’s goal was to define the post-telecom era. One possible future is that content for the crowd in the cloud will print money for all of us! Also we can all now be our own GSM operator (local laws permitting).
Continue Reading 2 comments March 8, 2009
The importance of being available – (tech stuff)
Westhawk Ltd had a contract to implement a high availability database backed SIP service – what did we use – and why?
Continue Reading 1 comment January 15, 2009
The importance of being available
To lose one server, Mr. Worthing, may be regarded as a misfortune. To lose both looks like carelessness. (as Lady Lady Bracknell didn’t say in ‘The importance of being Earnest” ) – how to build a high availability telephony service using open source components.
Continue Reading Add comment December 24, 2008
The way to an exit.
This is the second part of my notes on Essential Mediatech 2008.
The whole crowd had basically one strategy for dealing with 2009 – try and survive it – in the hope (rather than expectation) that 2010 will be better.
Indeed the only people who still seemed cheerful by the end of the day were…
Continue Reading Add comment November 14, 2008
The top 100 mediatech companies 2008
I was at Essential Mediatech today,
There was a lot going on, lots of interesting people and (at least at the beginning of the day) a surprisingly bullish attitude. To give you a feel for the crowd, there were almost no t-shirts, lots of suits, a few ties and quite a few cufflinks.
Continue Reading 3 comments November 12, 2008
The new rock and roll. Which is it – Telephony 2.0 or Web 2.0?
Quick summary: Telephony 2.0 is about money – Web 2.0 is about users. Rock and Roll was about both in huge quantities.
Continue Reading Add comment November 8, 2008
The merchant of Prato
I’ve been re-reading “The Merchant of Prato” by Iris Origo.
The central character – Datini – works away from home a lot, his relationship with his young wife is strained, she spends too much on the housekeeping, he doesn’t entirely trust his business colleagues, he lives in fear of sudden changes in tax regimes. He uses cheap labour from eastern Europe and his religious friend councils him to give more to the poor. His wife can’t conceive, he has an affair with a girl half his age producing a child that was probably his, he repents, they patch it up etc.
Think I’ve been reading airport novels again ? Well no. Dantini is a real person, a 14th century Italian merchant who made a vast trading empire which he left to charity when he died. The reason we know this is that he was an egotistical pack-rat. He kept all his records and donated them to the city of Prato on his death. The city promptly lost them for 300 years. Which turns out to have been a good thing as we now have the most detailed archive of letters, accountbooks, menus, shoppinglists and bills providing an incredible insight into his life.
As you can see people haven’t changed much since then. But some things are utterly different. The other woman- was a slave – he bought her. (He subsequently freed her and arranged a ’suitable’ marriage).
Communication was also different. Running a multinational business was a game of patience and huge risks. Basically, you found an adventurous trustworthy young man, you train him, then send him by ship with a pile of your money to (say) England act as your agent. You tell him the sorts of things the English make that you can probably sell (most often wool). The trip takes a few weeks, he settles into the Italian-merchants-in-London scene, and come the summer buys wool at some locally reasonable price.
The agent sends the wool back by ship to you – it arrives at least a year after you sent him out. You now have to hope that the price you can get for the wool is higher than what it cost you to get it. It may not be, but it might be higher elsewhere, you may choose to ship it on, or sell it to a merchant who has an agent in a city where wool is more in demand. If you had know that, you might have had your agent ship it directly there, but he didn’t know that when he sent the ship.
Which brings me (finally) to the point, information traveled no faster than goods. (Ok, a fast courier might trim a few percent off the the time taken by a tonne of wool). These days physical stuff takes much longer to travel than ideas do. This fundamentally alters the way markets work, the way we do business and increasingly the way we conduct our social lives.
Imagine the value of singe message from Datini to the agent – “Austere Pope elected – buy black wool and send to Rome.” Huge – but only if none of the competitors had that information and connection. So the value of a medium is all about timing, content and provenance, not the medium itself.
Modern telephony fails to capitalize on this distinction. A 5 minute call between location A and B is few cents, irrespective of the importance of the message. There is no club-class for Voice. For a crucial business call, sealing a deal, I might be prepared to pay 10$/min if it provided me with critical benefits. So what sort of benefits might add a factor of 1000 to the value of a call?
- provenance – If I know exactly who I am talking to (and even perhaps their legal role?)
- security – certainty that the call won’t be intercepted by my competitors
- un-deniability – The carrier could produce a recording in the event of a legal dispute
- standing out from the crowd – If I get a call and I know the other side is paying $10 per minute then I’ll probably answer it even if I have no clue what it is about. (LinkedIn are heading this way with InMail – a sort of hyper expensive Email)
Conversely there is a largely untapped market in almost free calls – a kind of ambient call, where 2 or more people hangout over the phone whilst doing other things – cooking, homework, watching webTV or whatever where there is absolutely no need for any of the above features.
Would Datini have remained faithful if they had had Facebook and MSN ? Maybe, but probably not, the internet hasn’t changed human nature (yet).
Add comment September 14, 2008
The VC’s holiday home
Your startup is like a holiday home.
Continue Reading Add comment August 30, 2008