VIDEO: Sorrell talks 'horizontality', frenemies and his new tech alliance
By Daniel Farey-Jones, campaignlive.co.uk, Wednesday, 25 April 2012 09:00AM
WPP's chief Sir Martin Sorrell talks about the logic of partnering with an IT company, his desire for "horizontality" and his mixed feelings about Google, Facebook and Twitter.
Speaking at the offices of WPP's new ally Infosys on Monday (23 April) to inaugurate the latter's new "customer experience centre", Sorrell expanded on the background to the tie-up with Infosys, which has produced a cloud-based marketing platform dubbed "Infosys BrandEdge in partnership with Fabric" (Fabric is a WPP company).
Sorrell explained his latest buzzword – "horizontality" – his label for pulling together all WPP's businesses to work together, "because clients don't hire agencies but people".
Asked what he thought would happen to WPP's peers if they didn’t follow it down the road of applying technology, Sorrell was measured, responding that "we all" managed to survive the rise of Google and then the recession.
He went on to claim WPP had "good relationships" with key digital players – companies he has previously described as "frenemies" – predicting it is on course to spend $2bn with Google and $400m with Facebook this year.
True to form, he turned critical, accusing them of being new media owners masquerading as technology companies and comparing their pitch to Rupert Murdoch going "straight to our clients".
He suggested it would be wise for marketing services companies to strike alliances with technology companies which have relationships with chief technology officers or chief information officers.
"We'd better prepare for the day when we engage just as much with CIOs as CMOs," he concluded.
Follow Daniel Farey-Jones on Twitter @danfareyjones
This article was first published on campaignlive.co.uk
- Account Manager Purple Consultancy £25000 - £34000 per annum, London
- Designer Dahling Ltd Up to £35,000, London (Central), London (Greater)
- Sales and Delivery Enablement - Marketing Services Better Placed Recruitment £45000 - £55000 per annum + benefits and discretionary bonus, Weybridge
- Account exeutive /Senior Account Executive/Junior Account Manager KHWS Competitive, London (Greater)
- Qualitative Associate Director Lipton Fleming £45000 - £55000 per annum + Excellent Benefits, London
- Land Rover to move global ad account into Spark44
- Martin Sorrell talks Maurice Lévy, Tesco, and the global outlook
- Viacom to bring Breaking Bad to Freeview with Spike launch
- WPP's Martin Sorrell reconsiders strength of newspapers
- Group M retains £80m Lloyds media
- Gogglebox stars encourage viewers to vote