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Interactive Websites Web 2.0 Defined
• Web 2.0 = Applications which can only exist on
the Internet, deriving their power from the human
connections and the network effects.
Examples: eBay, craigslist, Wikipedia, Skype,
Adsense
Source: O'Reilly Radar
Mind Map of Web 2.0
Source: Constructed by Markus Angermeier on November 11, 2005
Will Future Investment in Web 2.0 Increase in the Industry? Percent of Respondents Saying Yes, 2007
Source: 2007 McKinsey Survey on Internet Technologies
PharmaceuticalsFinancial Services
TelecommunicationsHigh Tech
Retail
100
90
80
70
60
50
Percent
Will Future Investment in Web 2.0 Increase in the Region? Percent of Respondents Saying Yes, 2007
Source: 2007 McKinsey Survey on Internet Technologies
Latin AmericaNorth America
ChinaEurope
Asia-PacificIndia
80
75
70
65
60
Percent
Web 2.0 Technologies Helping toInterface with Suppliers, and Partner? Out of All Respondents Saying Yes, 2007
Source: 2007 McKinsey Survey on Internet Technologies
46
24
9 9
Purchasing, 17%
Better Interface
Integration and
Communication,
83%
Broadband Internet Statistics Per 100 Inhabitants
Country DSL Cable Other Total
Korea 13.2 8.8 4.5 26.4
Netherlands 17.2 11.1 0.5 28.8
Denmark 17.4 9.0 2.8 29.3
Iceland 26.5 0.0 0.7 27.3
Switzerland 16.9 9.0 0.4 26.2
Canada 10.8 11.5 0.1 22.4
Finland 21.7 3.1 0.2 25.0
Belgium 11.9 7.4 0.0 19.3
Norway 20.4 3.8 0.4 24.6
Sweden 14.4 4.3 4.0 22.7
Japan 11.3 2.7 4.9 19.0
United States 8.0 9.8 1.4 19.2
United Kingdom 14.6 4.9 0.0 19.4
Source: OECD, 2006
World Internet Statistics March 2007
Population,
Millions
Internet
Usage,
Usage
Growth % Population % World
( 2007 Est.) Millions 2000-2007 (Penetration) Users
Africa 933 14.2% 33 638.4% 3.6% 3.0%
Asia 3,713 56.5% 399 248.8% 10.7% 35.8%
Europe 810 12.3% 315 199.5% 38.9% 28.3%
Middle East 193 2.9% 19 491.4% 10.0% 1.7%
North America 335 5.1% 233 115.7% 69.7% 20.9%
Latin America/Caribbean 557 8.5% 96 433.4% 17.3% 8.7%
Oceania / Australia 34 0.5% 18 142.0% 53.5% 1.7%
WORLD TOTAL 6,575 100.0% 1,114 208.7% 16.9% 100.0%
World Region% of World
Population
Source: http://www.internetworldstats.com
Broadband Subscribers
Per 1000 People, 2006
Source: The World Bank
Country Per 1000 People
Canada 164.3
Japan 145.8
United States 129.0
France 108.2
United Kingdom 102.5
Germany 83.7
China 16.5
Mexico 3.1
Russian Federation 0.86
India 0.65
Internet Users Per 100 Inhabitants
Source: United Nations
Region 1990 2002 2004
World 0.3 10.1 13.7
Developing Regions 0 4.3 7
Northern Africa 0 2.6 6.3
Sub-Saharan Africa 0 1 1.8
Latin America and the Caribbean 0 8.2 11.9
Eastern Asia 0 7 10.3
Southern Asia 0 1.5 3.4
South-Eastern Asia 0 4.6 7.4
Western Asia 0 6.3 10.5
Oceania 0 3.6 4.7
Commonwealth of Independent States 0 3.1 8.9
Transition Countries of South-Eastern 0 7.5 16.5
Developed Regions 0.3 42.9 51.4
Least Developed Countries (LDCs) 0 0.3 0.7
Landlocked Developing Countries (LLDCs) 0 0.8 1.4
Small Island Developing States (SIDS) 0 8.7 12.9
WorkNets: A General Theory…and the Case of Facebook
WorkNets: A General Theory…and the Case of Facebook
WORK
Purpose
• Scan / Sense
• Innovate
• Convene
• Allocate
• Influence
1
WorkNets: A General Theory…and the Case of Facebook
TALENT2
Content
• Segments
• Roles
• Knowledge
WORK
Purpose
• Scan / Sense
• Innovate
• Convene
• Allocate
• Influence
1
WorkNets: A General Theory…and the Case of Facebook
EXCHANGE
Value
• Economic
• Information
• Emotion
3TALENT
2
Content
• Segments
• Roles
• Knowledge
WORK
Purpose
• Scan / Sense
• Innovate
• Convene
• Allocate
• Influence
1
WorkNets: A General Theory…and the Case of Facebook
EXPERIENCE
Calendar of Events
• Conversations
• Topics
• Venues
• Style
4EXCHANGE
Value
• Economic
• Information
• Emotion
3TALENT
2
Content
• Segments
• Roles
• Knowledge
WORK
Purpose
• Scan / Sense
• Innovate
• Convene
• Allocate
• Influence
1
WorkNets: A General Theory…and the Case of Facebook
EXPERIENCE
Calendar of Events
• Conversations
• Topics
• Venues
• Style
4EXCHANGE
Value
• Economic
• Information
• Emotion
3TALENT
2
Content
• Segments
• Roles
• Knowledge
WORK
Purpose
• Scan / Sense
• Innovate
• Convene
• Allocate
• Influence
1
Virtual and Physical
SEARCHING SENSING INTERACTING BROADCASTING DISTRIBUTING VALUING ARCHIVING
TECHNOLOGY
WorkNets: A General Theory…and the Case of Facebook
Example: Facebook
EXPERIENCE
Calendar of Events
• Conversations
• Topics
• Venues
• Style
4EXCHANGE
Value
• Economic
• Information
• Emotion
3TALENT
2
Content
• Segments
• Roles
• Knowledge
WORK
Purpose
• Scan / Sense
• Innovate
• Convene
• Allocate
• Influence
1
Virtual and Physical
SEARCHING SENSING INTERACTING BROADCASTING DISTRIBUTING VALUING
ARCHIVING
TECHNOLOGY
Enable Students toForm Relationships Students--ONLY
Econ: NoneInfo: Who’s WhoEmo: Make Friends
“My Wall”
What is Web 2.0?
Source: blog of Jeremiah Owyang, Web Strategist
Over 60 different types of Wiki Software available
More than 40 companies offer White Label (you can rebrand)
Social Networking Software, and the list continues to grow
29 flavors of Blogging Software available
There are over 20 Online Video Platforms
More than 140 Podcast Directories
Over 50 Internet Forum Software packages are available
Nearly 20 different Instant Messaging clients available (Many don’t work together)
25 Social Bookmarking services
A list of 8 enterprise Online Data Storage vendors, and hundreds ofstartups that offer online data storage as a primary or secondary feature
At least 6 Online Office Suites, 9 Online Spreadsheet companies,
9 Online Word Processors, and at least 8 Online Presentation tools
Over 100 Online Photo Sharing services availableSource: blog of Jeremiah Owyang, Web Strategist
Speakers:
Chris Larsen, CEO and Co-Founder, Prosper Marketplace Inc.
Barry Libert, CEO, Shared Insights LLC
Christopher Meyer, Chief Executive, Monitor Networks, Monitor Group
Yossi Vardi, Chairman, International Technologies Ventures (Tel Aviv)
Moderator:
Yoram (Jerry) Wind, The Lauder Professor; Founding Editor, Wharton
School Publishing; The Wharton School, University of Pennsylvania
THE WISDOM OF CROWDS IN TODAY’S DIGITAL
WORLD: WE VS. ME
Milken Global Conference
April 23, 2007
Have You CapitalizedOn the Opportunities Offered By:
Objective and Structure
Objectives
Explore the business opportunities offered by theadvances in Web 2.0 for social networking and help eachof you develop an action plan.
Structure
1. Brief (5 min) opening comments by each panelist
2. Small group discussion (5 min) to: (a) identify newopportunities and (b) prepare a question to the panel
3. Discussion with the expert panelists on the groupinsights and questions (45 min)
4. Final action suggestion by each of the panelist (5 min)
Second Wave (Web 2.0)
• What is New?
– Value creation:communication, community,commerce
– Source of value is people
– Company is servantinfrastructure
Web 1.0 Web 2.0 Market
Videos
Guides
Loans
Prosper is like an “eBay” for Money
• Marketplace for Money– Brings together borrowers with people who have money to lend
– Administers validation, payments, and collections
• Open access to Consumer Credit Market– Anyone with as little as $50 can lend
– Community decides where and why to grant credit
• Leverages Power of Community– Groups and endorsements provide acquisition, shame, and support
• Market Size and First Year Results– Focus on $2 trillion US consumer credit market
– 250,000 users, $50,000,000 in loans
How It Works
Anyone with min. $50can bid on listing
Borrower createslisting, sets max rate
Borrowing Groups
User generated.Performance ranked.
Borrowers gain valuefrom group’s reputation
Key Observations
• New Asset Class
– First time consumers gain access to consumer creditopportunity
– Users set bottom-line: ROI, charity, social engagement
• Challenges
– Balancing freedom and safety
– Balancing transparency and privacy
• Implications
– Consumer market and capital market merge – Banking spreadbusiness in question
– Continues trend away from command and control systems
• WHAT IS IT?
• WHO IS INVOLVED?
• WHY DID WE DO IT?
• WHAT DID WE LEARN?
“The irony of this
book is that a single
person wrote it …”
Project Overview
Project Overview Continued
• An experimental project to allow a community of
“authors” to write a book
• Topic: How to leverage the power of communities
• Platform: “Wiki plus…”
• Business model: traditional model, but all authors
share the royalties
• WHY: To see what happens!
Current Statistics
4500+ authors
150+ unique contributors to the wiki
800+ individual wiki contributions
1000+ posts to the discussion forums
We Are Smarter Than Me
7 Rules For Success
• Gain leadership buy-in
• Think big, but start small
• Technology is not enough
• Invite a few, then expand
• Keep it fresh and relevant
• Moderation is critical
• Surrender control
Thank you
We are smarter then me
“Most of the smart people are somewhere
else “
Bill Joy
People are the killer-app!
The cathedral and the Bazaar
The six driving forces of the users
• Self expression, self publishing , be seen, attracting,
comparing
• Belonging – community, aggregation, finding
• Attending and being attended to, togetherness, presence
• Sharing,
• Communication
• Collaboration and contribution
We are wired for collaboration
0
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80
100
120
140
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ICQ Milestones
Cu
rre
nt
Nu
mb
er
of
Use
rs (
in M
illi
on
s)
7/96 Mirabilis Founded in Tel Aviv
11/96 First ICQ Client
7/97 1 Million Users
12/97 5 Million Users
4/98 10 Million Users
6/98 AOL Acquires ICQ
12/99 50 Million Users
05/00 100 MillionDownloads on c|net
09/00 2Way SMS
05/01 100 Million Users
12/01 122 Million Users
The first 100 million users is always the toughest
The new type of content
• Aggregation services: the packing of hundred of feeds and sources of informationonto a single page or pages
• Directory services: the categorization and linking of millions f sites into anintuitive, easy-to-use research and navigation tool
• Communications services: email, chat, message-boards, instant messaging,voice, video conferencing
• Personal productivity tools: calendars, address books, bill-paying services,reminder services
• Personal finance tools: bank accounts, portfolios, insurance, research
• Information: telephone listings, address listings, TV listings, restaurant listings
• Reviews: professional and individual feedback and ratings regarding products,services, sites, etc.
• User-generated content: photographs, message boards, reviews, clubs, videos
• Commerce products and services: shopping, auctions, classifieds, “bots”, price-comparison engines, wallets
• Games
• News (and, more importantly, news aggregation)
• Horoscopes
• Entertainment – and the marketing and distribution of entertainment productssuch as music and movies
• Source: Merrill Lynch Internet research, Oct. 2001
Discovery
• Reviews
• Tags
• Critics
• Rating
• Top lists
• Collaborative filtering
• Testimonials
• Votes
• Hit lists
• ranking
• reputation
The magic of collaborative filtering
The amazon case:
• Reviewers
• Affiliates
• Web services
• Api
How DAP works - Multi-Connection Downloading from the Fastest Servers200% - 400% Faster download*
*According to users and website reviews
Proximity checks
The end user arbitrarily
finds a server to start a
file download
End User
Mirror
Server
SpeedBit’s Mirror Search Server sends
to the inquiring user the
list of mirror sites
which hosting the fileMirror
Server
Mirror
Server
DAP performs proximity
checks to the mirror sites
list determines which
will be the fastest for the
specific user location
3
2Mirror
Server
Mirror
ServerMirror
Server
5
Mirror
ServerDAP detects the
download and send a
query to SpeedBit’s
Mirror Search Server
1
4
4
5
Downloading
4
44
4
44
5
5
5Load Balancing and multi-server
download : DAP begins to download
the file in portions from the fastest mirror
sites via several parallel connections (from
a single or several servers)
and reassembled on the
end user's computer.5
ISP
Downloading
Technology and Architecture
WeFi Top Mappers
top related