Some informed opinions from two industry analysts - James Governor, Redmonk and Judith Hurwitz, Hurwitz & Associates, on success factors for virtual events.
Judith posted: What's the future of the virtual conference?
James posted: Cisco and Microsoft virtual analyst conferences
The back story is that Microsoft's Server and Tools Business (STB) held a virtual conference for analysts. Although a Microsoft event (which is a customer), we weren't involved in this one (big company, lots of initiatives going on, etc). Clearly, Cisco did likewise.
Both Judith and James highlight the main payoff for virtual events: less travelling, less cost, less carbon.
But to achieve those benefits trade offs need to be made. A virtual event is a different kind of experience, one that shouldn't be judged in a straight comparison with physical equivalent events.
I suspect because of the size of the analyst universe, these events were in the hundred or less attendees ballpark, rather than in the multiple thousands seen at big virtual launches. Obviously the number of online participants dramatically effects how much interactivity is desirable and can be managed effectively.
We are beginning to see different execution models for virtual events with requests falling into two categories:
- Those with thousands of online visitors, where interaction is part of building buzz in and around the event and the activities that take place at it, but quality discussion has to be handled outside the main virtual presentations, in breakouts and supporting sessions.
- And smaller events aimed at around 50 or less visitors, who are usually known to the client, where sessions can be interactively moderated and meaningful Q&A takes place efficiently.
Assuming that there would have been a considerable number of highly knowledgeable and critical tech analysts at each event (it was possible to track some of their activity through associated Twitter hashtags), it would be great to read more feedback from analysts on their virtual event experience.
Any feedback can only help advance the quality of the virtual event experience faster.
Tags: virtual events, Judith Hurwitz, Redmonk, James Governor