@justinspratt

A Peek A Peek Around the Around the

CornerCorner

Why me?Why me?

• Likely because I am not skinny – “don’t trust a skinny chef”

• I work at Internet Solutions, so perhaps I have insight into bandwidth pricing

• I have done a degree in economics and used to work for an investment bank, so perhaps I know stuff about the economy

justin spratt – heavy chef – 2nd of February

DisclaimerDisclaimer

justin spratt – heavy chef – 2nd of February

• Well, it already has: Afrihost @ R22 per GB standard, R14 if you are a customer and top up

• Already almost a 70% fall since launch of Seacom

So when the f*!k is bandwidth So when the f*!k is bandwidth prices going to come down?prices going to come down?

justin spratt – heavy chef – 2nd of February

• Yes, by international standards, SA is still over priced

• Problem now: national “backhaul” (fat pipes that can distribute all the connectivity)

• Mobile Operators, Neotel and DFA are laying down lots of fibre

Okay, but it is still high, right?Okay, but it is still high, right?

justin spratt – heavy chef – 2nd of February

14 C

able

s. C

rikey

. 14

Cab

les.

Crik

ey.

Crazy Times

FOURTEEN cables landing on the African continent

New: WACS, ACE, Main One, Glo1, LION and EIG, SEACOM, TEAMS, EASSy, and the

Existing: SAT-3/WASC/SAFE and FLAG

Crazy TimesCrazy Times

justin spratt – heavy chef – 2nd of February

$6bn in spending (circa R42bn)

Increase capacity from 250Gbps to 1.5Tbps (thanks Seacom) to 10Tbps

Over capacity?

Capital Spigots are FlowingCapital Spigots are Flowing

justin spratt – heavy chef – 2nd of February

Okay Fatty, so what is your prediction?

By mid 2011 prices will have fallen by By mid 2011 prices will have fallen by at least half again.at least half again.

In rand terms, circa R10 per GB per In rand terms, circa R10 per GB per monthmonth

Disclaimer: this is prediction is in my own personal capacity and does not represent IS’s view

justin spratt – heavy chef – 2nd of February

Greater transparencyGreater TransparencyGreater Transparency

justin spratt – heavy chef – 2nd of February

The pirate party

The demand on networks is nothing short of phenomenalAT&T’s network is broken because of it

VideoVideo

justin spratt – heavy chef – 2nd of February

Mobile ticketing

Why use paper ticketing?

Mobile will increasingly replace the need for printed tickets

Mobile TicketingMobile Ticketing

justin spratt – heavy chef – 2nd of February

Augmented RealityAugmented RealityAugmented Reality

justin spratt – heavy chef – 2nd of February

Media farms

Taking your applications into The Cloud

The Cloud = Internet

Social Media is the paragon example of cloud computing

Cloud ComputingCloud Computing

justin spratt – heavy chef – 2nd of February

No chance. Still the best system by far.

So what happened?1.Bad frameworks – “rational investor”2.Bad regulation – regulators didn’t take time

to understand “credit derivatives”

No – not bad investment bankers.

The fall of capitalism?The fall of capitalism?

justin spratt – heavy chef – 2nd of February

The rise of behavioural financeThe rise of behavioural finance

justin spratt – heavy chef – 2nd of February

Cold war with Angola?

According to Stratfor, a global think tank, South Africa is at high risk of a cold war with Angola

Logic is that Angola’s oil wealth is now tapped and it is significant

Also, Angola increasingly appears a Chinese proxy

Cold War with Angola?Cold War with Angola?

justin spratt – heavy chef – 2nd of February

Reinventing Fire

We know how to save half of our oil and gas and three-quarters of our electricity at a cost that is a fraction of what we are paying now.

Amory LovinsRocky Mountain Institute co-founder, chairman and chief scientist

Reinventing FireReinventing Fire

justin spratt – heavy chef – 2nd of February

The World Cup

“Grounds for optimism, citing conservative estimates of benefits at about R56bn, that could reach R80bn”

Financial Times

The World CupThe World Cup

justin spratt – heavy chef – 2nd of February

Media farms

Mass production of contentReporting done by botsEditorials will be the only paid for content

Media FarmsMedia Farms

justin spratt – heavy chef – 2nd of February

Scarcity

Overcapacity and abundance has fallen

“With cost of distribution relentlessly driving towards zero, Chris Anderson, has once again identified the next big thing” Schmidt, on Anderson’s book “Free”

ScarcityScarcity

justin spratt – heavy chef – 2nd of February

Food

Cheap food is based on three things: cheap oil, plentiful water and a constant weather pattern.

Even if you don't believe in global warming, the one point that you can't really argue is that the price of oil is going to go up, and the big food chain was built on $30 a barrel of oil not $130

FoodFood

justin spratt – heavy chef – 2nd of February

“people are increasingly neglecting their voicemails,” explains Streicher

Study by Sprint: people under the age of 30 are 4 times more likely to respond to an SMS within minutes than a voicemail

Over 30, twice as likely

Consumers opting for voice-to-text messages.

justin spratt – heavy chef – 2nd of February

Voicemail is brokenVoicemail is broken

Call Centres vs. Contact CentresCall Centre vs. Contact CentreCall Centre vs. Contact Centre

justin spratt – heavy chef – 2nd of February

geotagging

“check-in” – earn points – become the “mayor”

geotagginggeotagging

justin spratt – heavy chef – 2nd of February

Better measures than GDP?

France’s “Joie de Vivre” Index

Intended to provide a better Measure of well-being than GDP

More countries looking at other measures of prosperity, such as the Triple Bottom Line (people, profits &planet)

Better measure than GDP?Better measure than GDP?

justin spratt – heavy chef – 2nd of February

The pirate party

Challenging “groupthink” on copyright laws

Believe copyright impinges on culture

Parties in 28 countries around the world

The Pirate PartyThe Pirate Party

justin spratt – heavy chef – 2nd of February

Emerging Economies

“Even if developed countries recover completely in 2010, emerging economies will account for 70 - 75% of the growth in global output ‘for the foreseeable future”

New York Times

Emerging EconomiesEmerging Economies

justin spratt – heavy chef – 2nd of February

Emerging Economies

“China’s growth as an economic superpower is increasingly correlated with that of Africa, on which it now relies for 25% of its oil imports, reports the”

Financial Mail

Emerging EconomiesEmerging Economies

justin spratt – heavy chef – 2nd of February

justin spratt – heavy chef – 2nd of February

justin spratt – heavy chef – 2nd of February

Communications tools don't get socially interesting until they get technologically boring

Clay Shirky, “Here Comes Everybody”

justin spratt – heavy chef – 2nd of February

Questions

Thanks@justinspratt