While getting significant buzz, the use of social media in the analyst ecosystem is still at a nascent stage. Some analysts and AR professionals are making interesting use of blogs, Twitter, and so on, but for the most part social media is just being played with a little or being ignored all together. Those members of the ecosystem who are not seriously looking at social media might wake up one day to find that social media has become a force and they are seriously and dangerously behind the curve.
A natural pearl occurs when an irritant, such as a grain of sand, gets inside an oyster’s shell which the oyster cannot expel. The oyster then starts to secrete a mixture of aragonite and conchiolin in minute layers around the irritant to coat it and reduce the irritation. Over time, many many layers of coating transform the grain of sand into a beautiful pearl. This is an apt metaphor for social media because definitely some members of the community, analysts and AR teams, consider social media an irritant and have yet see the slow transformation that is happening around it.
Major changes in a market or form of communications are often not via a big bang, but by the accretion of little changes that reach a critical mass. The individuals or companies who benefit the most from these changes are (more…)