The KSeeker

In Search of Knowledge…

The web of hope…

Posted by Girish Krishnan on August 28, 2006

I am planning to blog my views on web 2.0, the ongoing explosion of web 2.0 companies and of course my predictions on what is going to happen in the future.

The fastest way to get to understand web 2.0 would be to skim through two sites mentioned below..

The wikis version of web 2.0, which i believe is the public opinion..
http://en.wikipedia.org/wiki/Web_2

and the text written by the guy who actually coined the term – Tim O’Reily! The most comprehensive coverage on this particular topic on the internet…
http://www.oreillynet.com/pub/a/oreilly/tim/news/2005/09/30/what-is-web-20.html
The first question which i would like to ponder over is “Is an extensive User data collection sufficient to create a lock in or going to be a decisive advantage in web 2.0?”

I believe that Data is like gasoline for web 2.0. We have a myriad of applications on the internet which do all kinds of fancy stuff on some data! Now if applications dont have access to data, their core functionality, which is conversion of data into useful information by figuring out insights from data design patterns will get affected.

The quality of the output again depends on the quality of the data which goes in. People should be willing to pay for good data.According to me there are three kinds of data available to companies

Primary Data – basically contributed by the users
Custom data – like catalogues, movies, songs etc which have definite ownership and cannot be freely used by everyone.
Modified data/Data pointers – Obtained after some/any Transformations are done on primary data – like page ranks, mining insights, Observations of user behaviour as tracked by a web 2.0 application etc

The power distribution w.r.t the ownership of data makes some players so much more powerful than the others. For e.g. Google has crawled through so many pages more than its nearest competitor that any search made on its cached data gives better results in general. Even if some new players come up with a better crawling/indexing methodology the entry barrier is very high because the investment required for storing these pages is mindboggling.

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2 Responses to “The web of hope…”

  1. Hello. Great job. I did not expect this on a Wednesday. This is a great story. Thanks!

  2. Haber said

    gr8 resrch bro

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