On December 2nd, IAPCO and AICP released a research paper on hybrid events, as part of their alliance announced on October 25th. The document provides a unique insight on how the industry’s approach to hybrid has evolved, the challenges addressed and the ones still to be tackled, and it offers a view on the possible avenues ahead of us.
The event industry is one of innovation and creativity, in a continuous search to deliver unique experiences enabling the exchange of knowledge, stimulation collaboration and driving trade worldwide. The pandemic stimulated us to go even faster and bolder. By creating and implementing digital solutions in record time, we were able to continue to connect communities worldwide.
The learning curve in doing so is steep and there is still a lot to do before excellence is delivered in terms of service, business model, experience, etc. Both organizers and convention centers are still in the process of navigating through uncharted territories, learning both from each other and from other stakeholders and even other industries.
This is the key reason why AIPC and IAPCO decided to create a joint research paper on hybrid events, based on input from each other’s member-communities and enriched with valuable insights from other stakeholders in the event value chain.
The paper is the result of more than 30 interviews with industry thought leaders, combined with in-depth research through 30 reports and 75 articles. While the report does not have the ambition to provide the ultimate answers to all the questions related to hybrid events, it does provide unique insights on how the industry’s thinking on hybrid has evolved over the last 18 months.
“Hybrid gives us opportunities to completely rethink our business models. We can become the Netflix of the events industry, by new audience discovering, bringing content in creative ways and establishing innovative pricing models. This paper is a great source of inspiration for doing so”, says Greg O’Dell, President of AIPC.
This was echoed by Ori Lahav, President of IAPCO: “The hybrid market, to the extent that one can call it really new, is still ill-defined, and that many clients and venues are still struggling with giving hybrid a place. It is the role and responsibility of our associations to provide our communities with insights and guidance on how to embrace this new reality”.
IAPCO and AIPC have a shared ambition: raise the standards of service to excellence. This research paper, based on input from the members of both communities, is another step of making this a tangible reality.