Industry 4.0 & cloud computing technologies have transformed all industries including the music industry. In this article, we will be acquainted with Spotify (www.spotify.com ) which is the biggest music portal in the world.
Spotify is the world’s largest music streaming service with 350 million active users. Its music streaming service launched in 2008. It streams only digital legal copyrighted music including more than 70 million songs – from record labels & media companies. The number of music artists registered on Spotify is 7 Million singers & artists.
Spotify cloud computing technology allows downloads & offline listening and advert-free listening. Its advanced AI algorithms search music based on artist, album, or music type & can automatically create edit & share playlists.
By the end of 2021 – Spotify is expected to operate in 178 countries. The service is presented on Windows, macOS, and Linux platforms, iOS. Also, the service is available on Android smartphones and tablets and AI-enabled smart speakers including Amazon Echo & Google Home.
The amazing advantages of cloud computing technologies like Spotify are following:
- No need to buy cassettes, CDs, USBs, etc. – these get outdated and CDs, etc. become damaged over 5-10-15 years.
- No need to store music on laptops, HDD, SSD, etc.
- Music is stored in data centers on the cloud.
- The user can access it on any device including smartphone, laptop, desktop, etc.
- The technology is not dependent on the device.
- Any music can be deleted or added without any hassle on Spotify.
Spotify model and its benefits
- Spotify model is an independent method that is people-driven for scaling agile.
- That highlights the significance of culture and network.
- It has facilitated Spotify and other organizations to raise innovation and productivity by concentrating on autonomy, email, accountability, and quality.
- As Spotify coach Henrik Kniberg noted that Spotify model isn’t a framework.
- It is Spotify’s view on scaling from equally a technical and cultural viewpoint.
- It’s one illustration of shaping several teams in a product development organization and emphases the essential for culture and networks.
- The Spotify model was first presented to the world in 2012 and made a lot of buzzes and became widely held in the agile transformation space.
- It emphasizes on bring together work rather than following a particular set of practices.
- It focuses on how businesses may erect an organization to allow agility.
- Spotify model defenders team autonomy, consequently that each team selects their framework.
- Squads are prepared into Tribes and Guilds to help keep people aligned and cross-pollinate knowledge.
The structural benefits of applying the Spotify model comprise:
- Spotify model emphasizes establishing around work and not essentially processes and ceremonies.
- This provides an organization better flexibility when it derives to how Squads work.
- In place of needful Squads to change how they do their work.
- It emphasizes on bring into line them with each other and motivating towards individual team outcomes.
- Spotify model inspires autonomy and creativity by believing people to complete the work they are doing in the way they understand appropriate.
- Spotify’s model may provide augmented transparency across the work being done.
- Also produce an extra experimentation-based method to problem-solving in a high trust environment.
- All this may lead to things like improved products, gladder customers, and more involved employees.
In-house expansion at Spotify
- Currently, Spotify is getting bigger on its in-house podcasting plan by the entrance of two more communications-related podcasts.
- Those are being focused on addressing particular industries, with creators, entertainment, consumer trends, lifestyle supporters, and the business and financial community.
- Spotify has been at work to hold the podcast creator community with its gaining of podcast-related companies over the years.
- Those are including many studios and creation tools, like Anchor.
- It has also been operational to help creators better monetize their struggles with the presentation of new advertising products.
- As like paid subscriptions, engagement tools, and integrations that would enable creators to link their existing subscriber base to Spotify’s platform.
- It similarly launched a social audio app named Spotify Greenroom, where it will host live content.
- The company is as well taking back its flagship show called “For the Record” for a third season on October 26.
- This show will remain to offer Spotify’s annotation on product and financial news.
What We Can Pick up From the Music Industry
- New business replicas have been created with cloud services and the Io.
- The music industry revealed to us that those models which create the life of customers and consumers relaxed will succeed.
- Demanding to stop changes with patents, lawsuits, and campaigns will expect to end in loss of business opportunities.
- Cloud computing may deliver tailored and cost-efficient entrance to high computing power.
- Similar to CDs, hardware will be in part outdated by cloud services.
- Like, put on to local storage technology.
- Smart services, which will deal with custom-made solutions and prompt support to customers, will be additional differentiators.
- Provision, consultancy, and maintenance help will no longer be traded created on issues.
- As they happen they have to be combined as on-demand solutions straight in the customer’s processes.
- This will allow predictive problem solving, more rapid, and more effective production.