Google will own monitoring
The nimble behemoth lumbers forward. It is only a matter of time before Google owns the brand-monitoring space. Radian6, Scout Labs, Techrigy, are probably looking over their shoulders as they compete for business among the PR firms scrambling to keep tabs on the social web.
Google introduced Alerts in 2004 and became the first true technology solution for the PR industry. The digital clipping service has now become an indispensable tool for PR practitioners everywhere. In May of this year, Google rolled out near real-time search with their search-options functionality. Whether or not this was in response to the growth of Twitter, it made the search giant even more of a player in the crisis-management game. Now, hot on the heels of real-time search comes Google’s patent on sentiment analysis — a clear sign of their desire to own the monitoring space.
This combination of features now competes head-to-head with most of the monitoring companies at a price none of them can match. Ever wonder why all of them give away a free month? They have to; they’re competing with free. For PR, this is the land of milk and honey: one of the most innovative and technologically advanced companies on the planet providing the exact tools needed for crisis management… for free!
Advertisers and marketers need more sophisticated tools geared toward marketing and business strategy though. Google has yet to explore things like semantic search (understanding the meaning behind words, not just the words themselves) because the Google infrastructure is focused on searching for specific things and retrieving that data as fast as possible instead of using large-scale analytics to uncover themes in the data. In addition, Google still has not moved beyond its rather simplistic influence analysis and towards ideas like the evaluation of idea propagation. All this means that analytics companies need to get focused.
Very interesting Dan – but the Nimble Behemoth needs to get going – these other tools are not only getting a really good head start but they are working on the next level of integration with CRM tools like SalesForce and Contact Center tools like Avaya Interaction Center.
A come back strategy is always a challenge even for major players (see GM for details