Notes
Fee income is defined as PR fees plus any mark up. Figures from 1 Jan–31 Dec 2010 rounded up to nearest £1,000
* Incorporating Fever PR, Things With Wings and Nelson Bostock Communications
** Incorporating Chameleon and Komodo
*** Trading as BCS Public Relations
NE = New entry
Edelman 1
Tech fee income £7,657k Growth 16%
What were the trends in the tech PR sector in the past 12 months?
It was absolutely social media within the consumer space, reaching out to a consumer audience. In the past six months we’ve also seen this begin to happen in b2b communities where they are using platforms such as LinkedIn.
What is the market like now?
Budgets are still being looked at extremely closely, but our big clients are tending to shift their money from advertising to PR. We have suddenly got bigger remits to work with because of social media.
What kind of work do clients want?
The big new area is ‘influentials’. We’re talking to a much broader audience than our traditional remit. We launched a tool – TweetLevel – that measures how influential someone is on Twitter, and we have a similar tool for blogs. The idea is to measure how influential a person is and what they are talking about. This means we can compare influence on different social media platforms.
What will happen in tech PR in the next 12 months?
We will see the idea of ‘influentials’ taking on a strategic role. PR and communications will become structured around the idea of social media and this will change people’s roles from being purely comms to organising and managing their interactions with the outside world.
2010 AT A GLANCE
High points We’ve begun to be taken very seriously by senior management and are seen as a tier one supplier by our big accounts.
Low points Keeping people within the organisation and giving them a view of where we’re going next is hard when there’s not a clear path.
Key client wins Adobe, Palm and HP graphics.
Best hires Gerry Wisniewski, senior VP, and Christope Ginisty, executive VP.
Strategy for 2011 Make sure everyone understands the direction and the broader spectrum of the business. Develop more tools to evaluate social media.
Predicted tech fee income for 2011 £7.6m
The Whiteoaks Consultancy 6
Tech fee income £3,184k Growth 21%
What were the trends in the tech PR sector in the past 12 months?
Top of the list was a demand from clients to see a much more tangible return on investment. During challenging economic times, PROs have to be transparent about the value we offer our clients and their ROI.
What is the market like now?
Budgets are certainly becoming more robust. However, there is a greater demand for agencies to demonstrate transparency in terms of the work they will deliver, and the results they will achieve and, importantly, how those PR results support sales. Across the board there is a return of confidence, budgets are becoming available, but you have to be able to demonstrate value and return on investment.
What kind of work do clients want?
Social media and digital have become more prominent. Clients understand there are other ways to engage with an audience rather than traditional media channels. The opportunity for PR is to broaden its scope, as long as we can define the end audience and what we want to communicate.
What will happen in tech PR in the next 12 months?
I think we will see agencies broadening their offerings to include anything around digital and social media. Its nature is that it will develop over time, so we can’t identify how this will be used yet, but there are bound to be new technologies still to be identified.
2010 AT A GLANCE
High points We broke through the £3m fee barrier, which has been a long-term aim, increased staff by 20 per cent and opened a second office to accommodate that.
Low points The amount of time and money we’ve had to spend finding good people of the right quality and calibre has been a real challenge.
Key client wins Teradata, Honeywell Life Safety Systems and Bull.
Best hires James Farquharson as associate director.
Strategy for 2011 Repositioning in terms of the breadth and types of services we can offer.
Predicted fee income for 2011 £3.8m
3 Monkeys 17
Tech fee income £1,111k Growth 91%
What were the trends in the tech PR sector in the past 12 months?
The tech sector is waking up to the fact it needs to be creative and more lifestyle and issues-led to get beyond the core tech trendsetting audiences. On the corporate and b2b side, there has been a spate of major IT security issues; this has driven more thought leadership, as well as growth in the need for crisis and issues management PR. Cloud computing continues to be a battle ground for tech players on what it means and why businesses and, indeed, consumers, should care.
What is the market like now?
The technology sector appears to have done well through the recession, driven in part by new categories such as the smartphone and 3D televisions. On the b2b side of things, I think that some companies are under pressure, but we have grown that part of our business significantly in the first half of 2011. Consumer technology is the biggest growth sector.
What kind of work do clients want?
More creative, brand centric, integrated campaigns, with social media red dyed throughout.
What will happen in tech PR in the next 12 months?
The battle for social media is being won more by the PR industry. This is a carpe diem moment for all of us if we can get our social shit together.
2010 AT A GLANCE
High points Launches – Internet Explorer 9 in Beta with Gorillaz, Windows Phone 7 with Stephen Fry.
Low points A perception sometimes that 3 Monkeys doesn’t do tech or b2b tech PR.
Key client wins Getronics, Living Social, Thus and Demon.
Best hires Steve Douthwaite, senior account director.
Strategy for 2011 To build our content creation capabilities since it’s essential that we bring our clients’ brands and stories to life with visually rich and engaging collateral.
Predicted fee income for 2011 £2.1 to 2.5m.
Red Lorry Yellow Lorry 20
Tech fee income £835k Growth 30%
What were the trends in the tech PR sector in the past 12 months?
The trend towards video and mobile content continues to grow as clients look to reach audiences beyond print. Tech platforms are being applied to different industries so our job is becoming increasingly broad.
What is the market like now?
Clients are always conscious of spending, but our sense is that we are through the worst of the recession. Technology that may have taken months, if not years, to develop will be brought to market regardless of the economic times. Our challenge is to prove that PR is a core marketing activity that drives measurable results.
What kind of work do clients want?
PR is changing and the digital world has produced both challenges and huge opportunities. Clients are asking us to get involved in developing a broad strategy for their comms beyond traditional media relations. Our opportunity is to carve a larger slice of the marketing mix. Our clients are increasingly asking us to help them integrate their comms into co-ordinated, focused campaigns that can be localised and rolled out worldwide.
What will happen in tech PR in the next 12 months?
Technology is enabling consumers and businesses to interact and access content via mobile and online as well as on a television, cinema screen or network. Regardless of the type of content, it has to be created, stored and managed securely and delivered, and technologies and industries are converging as a result.
2010 AT A GLANCE
High points Digital/social media have enabled us to work strategically across a broader range of our customers’ comms. Business confidence is returning.
Low points Building a measurable business case for social media. The industry hasn’t quite got this right and it’s difficult to establish ROI.
Key client wins Avid Technology, IronKey, Foehn.
Best hires Interns Helen Smith and Laura O’Brien.
Strategy for 2011 To look after the clients we have. To win new business in the sectors that we know well where we can add true value. To build on our experience in brand comms and PR to offer our clients an integrated campaign.
Predicted fee income for 2011 £1m (growth of 30 per cent).