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Tuesday, August 09, 2005
We recently covered Web 2.0 transcend new frontiers wherein we wrote,"small pieces - loosely joined are creating new functionality by combining these different services. While location-based advertising revenue is only beginning to emerge from the new mapping services, the tools being made available, known as application programming interfaces, have already led to an outburst of innovative applications. Clarence Wooten writes,the web is clearly changing before us. Most folks don’t have a complete picture of what’s happening, What’s different about today’s Web is that new technologies and behaviors that have popularized the blogging phenomenon, are also transforming the Web from a medium where information is simply published and remains static, into a platform where applications reside and services are distributed. This transformation is being referred to as Web 2.0- a collection of small pieces of loosely joined technologies coupled with a movement towards collaboration and interoperability. Implications of Web 2.0 will be far reaching. It has already significantly affected how to use the Web. Information is not received only through Google or Yahoo but through services like del.icio.us, Technorati, and Gataga. Collection of feeds can be used to create TagClouds that generate automatic folksonomies that allow me to analyze the popularity of related information (tags) over time. An arms race is clearly already happening between Yahoo and Google as evidenced by a spate of recent micro-acquisitions of promising Web 2.0 startups Flickr, Dodgeball, Blo.gs, etc. These strategic acquisitions are a clear attempt by each to acquire knowledge, technology and data to position them to capture mindshare and advertising dollars from the changing Web.
Category :Web2.0 |
|Sadagopan's Weblog on Emerging Technologies, Trends,Thoughts, Ideas & Cyberworld