CES Depressed

This year, all Las Vegas was abuzz with the expectations of attendance to CES – and how they were not met. From cab drivers to convention exhibitors, everyone was touting the scale of the downturn.

To us, the convention presented a more mixed picture. As often is the case in downturns, in an overall downbeat environment, a few interesting developments could be observed:

1) The Slingbox by Slingmedia: offering some 14 Mil. subscribers of its parent company, a midsize cable operator in the US, the opportunity to access Web TV content through their cable content.

2) The advent of HD to TV and other screens, including a number of interesting personal camera devices.

3) The increasing dissemination of “cloud” (now there’s a buzzword) logic to the consumer world: first through “thin client” notebooks that are not much more than windows to web services, and second through a push towards homes servers, ranging from Windows solutions to proprietary home hifi systems. Its too early to name this a significant consumer trend, but slowly we are seeing the first applications for the “internet of things”, “cloud computing”, and “semantic web”.

Recession is the best time for entrepreneurs, Ken Morse (and others) says. Now is the time to see and grasp the potential of these new technologies as they slowly approach end consumer relevance.

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Axel Schmiegelow

About me

As a Founder of denkwerk Group, I have been involved in marketing, media, the internet, and start-ups for the past 15 years. I have seen the New Economy come and go (and come back again). At denkwerk, we founded the world's first bookmarking and tagging startup, oneview, in 1998, and rolled it out in 16 countries and 10 languages. denkwerk has always endeavoured to make innovation happen and attract some of the brightest talents (and start-ups) in our industry.

As a seed investor, I am an active Board Member of the company shaping the future of travel commerce, itravel, and a Board member of the exciting local search and rating company, Qype. As an investor in armedangels and an Advisor to betterplace, I support endeavours to make the world a better place.

In December 2005, I met Ibrahim "Ibo" Evsan and Tom Bachem. They had just developed a ground-breaking technology for an online Video Player. With seed funding from denkwerk we incorporated in April 2006, and in Summer 2006 I became CEO of sevenload!. In 2007 Andreas Heyden, the RTL in-house Founder of our main competitor, clipfish, left RTL group to join us as COO, and Andreas and I developed a licensing and business model that will help shape the future of TV and internet media, while Ibo and Tom turned their technology sights to Social Gaming when they left sevenload step by step between late 2008 and Summer 2009. Today sevenload is headed by a brilliant management team which I find exciting and rewarding to work with and learn from.

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