WEB 2.0 - Net honchos to discuss Web opportunities

Attendees at this week's Web 2.0 conference will discuss new business opportunities on the Internet, such as online video and mobile Internet services.

As an impressive roster of technology industry celebrities gather at this week's Web 2.0 Summit in San Francisco, all eyes are on emerging opportunities for Internet companies.

Experts point to online video, mobile Internet services, social networking and enterprise adoption of advanced Web technologies as areas that are ripe for further innovation and capitalization.

At the event, CEOs, venture capitalists and entrepreneurs will offer their views, in keynote speeches and panels, on a myriad of topics, both specific to their businesses as well as applicable to the Internet market in general.

The lineup of speakers includes CEOs like News Corp's Rupert Murdoch, Microsoft's Steve Ballmer, Facebook's Mark Zuckerberg, eBay's Meg Whitman, Viacom's Philippe Dauman and AT&T's Randall Stephenson.

Still, by now, the term Web 2.0, once synonymous with bold innovation in online services and applications, "is getting a little tired," said industry analyst Greg Sterling of Sterling Market Intelligence.

"It has always been an elusive term, but now it is very mainstream. It's widely used and the features that were characteristic of those early Web 2.0 companies are now widely adopted," Sterling said in a phone interview, referring to things like content tagging and sharing, blogs, wikis and syndicated feeds.

While receptive to the possibility that new, fresh ideas may come out of the conference, Sterling wonders how much the economic uncertainty in the U.S. is affecting the spirit of innovation so emblematic of the Web 2.0 era.

On the other hand, Tim Draper, founder and managing director of venture capital firm Draper Fisher Jurvetson, sees big opportunities in the application of Web 2.0 technologies in large organizations, particularly in areas like hosted software, project management and communication, and networking.

"All the applications that have driven the enterprise over the last client server generation will be renewed with Web 2.0 applications that will replace or enhance those applications. Big opportunities lie here," he said in an e-mail interview.

Opportunities also exist in the adaptation of online services to mobile devices, as demand for accessing these services from cell phones continues growing strongly, he said.

Draper is also confident that players in the online video space will find business models that will satisfy the video creators, artists and the providers of online video platforms, like Google's YouTube. "Entrepreneurs are honing in on models that work," he said.

Meanwhile, Andrew Parker, an associate analyst at venture capital firm Union Square Ventures, has great faith in online services that, with permission, monitor users' activities and, based on that data, personalize their offerings.

"I call this set of services 'implicit Web services' because they involve implicit data collection instead of explicit data entry," he said in an e-mail interview. "I think we'll see more valuable implicit web services going forward."

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Juan Carlos Perez

IDG News Service
Show Comments

Essentials

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

GGG Evaluation Team

Michael Hargreaves

Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell

LIFEBOOK UH574

The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi

STYLISTIC Q702

The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?