Signal Hill recently had the pleasure of being a marquee sponsor of OASIS: The Montgomery Summit, an inaugural event that was held in Santa Monica, CA on March 5th and 6th. The event, a reincarnation of the former Montgomery Tech Conference, brought together approximately 150 technology companies with both national and international investors and corporate development executives. Each of the technology companies had the opportunity to present his/her company – to discuss capabilities, success stories and strategic growth plans. The event also showcased thought leaders such as Eric Schmidt and Jared Cohen of Google, Deepak Chopra and John Chen of Blackberry, among others. Here are some of the themes that emerged from the conference:
Tech is Thriving. The approximately 150 technology companies showcased at OASIS represented small subsets of an increasingly broad tech community – there were companies with capabilities in IT security, email marketing, mobility, data analytics and subscription-based consumer products, among many others. These companies were able to engage with investors and corporate development executives during one-on-one meetings, one of the key aspects of the conference. Investors are always looking for “next big thing” – the sheer number of meetings proved there is certainly no shortage of potential opportunities in the tech community.
Community Engagement is Key. During many of the presentations, companies made clear that a growing customer base or email subscriber base doesn’t perfectly predict the success of a company – it’s the engagement with these customers that leads to success. For example, with Mashable, an OASIS presenter and leading source of news and information about digital innovation, its success has been dependent on social media sharing and customer engagement. Through engagement, Mashable is able to populate the most relevant content for the consumer, ultimately leading to more viewers. It’s the sharing and engagement that leads to real, growing and measurable success.
The Importance of Disengaging from Technology. While the OASIS conference was all about technology and how it enables our lives, a key theme emerged from a presentation by Deepak Chopra: disengaging from technology is crucial to our health and well-being. He shared groundbreaking scientific findings – through meditation, mindfulness, exercise and nutrition we can actually stop our cellular aging process. As important as technology is to our businesses and our lives, equally, if not more important, is taking the time to disengage. It will make all of our interactions more productive and our lives more joyful and successful.