Monday, May 12, 2008

Web 2.0 for Business?

Web 2.0 as I have explained earlier as a new way of using the web. Social networking software like Blogs, Wiki, Tagging are applications classify as Web 2.0.

Some examples are Facebook, Myspace, Squidoo, Wikipedia, Blogger etc. These applications focus on collaboration, communication and networking. These applications provides a platform where users can share informaiton as well as collaborate to create new information like the case of Wikipedia.

One would be very concern about the accuracy of the information posted and peer review is the key to correct any inaccuracy. But we cannot be certain if this due process works well and the result is yet to be seen in the years to come.

We are in the phase of Information Explosion; some much information to digest and all over the place. Mashup is a new technology in the making that aims to combine information from different sources into a integrated tool.

The burning question: Is Web 2.0 ready for business?. One has to be mindful and pay attention to security and confidential issue when Web 2.0 platform is to be implemented in the enterprise. I believe that it is a very useful platform for communication within the enterprise.

We will soon see the shift from open social networks to closed social networks where sensitive information needs to be properly regulated. Members of the networks are invited and contribute contents to the networks.

New business opportunities will emerge to cater for the needs of the members. There will be a shift from free to paying membership as information are now systematically reviewed and corrected from any error.

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