A Matter of Time?
                                                                                                                                                                                                     
December 04, 2006
Copyright Mediaware Infotech Pvt. Ltd.

If Netscape was the standard bearer for Web 1.0 (circa 1995-2001), then Google is the standard bearer for today's Web 2.0 !

Burst 2.0

Similarly, if Web 1.0 was measured by the success of (often over-inflated!) IPOs of Internet companies, measuring the value of today's Internet companies is not so easy - simply because there are so few IPOs of Internet start-ups !

So what would be a good yardstick to measure the health of the Web today? As per technology expert Dave Winer, “Google stock crash will signal the downturn of Web 2.0. When Google crashes,” Dave writes, “there'll be no more wave to ride". Leading to the bubble burst 2.0 !

If we go along with Winer's logic, with Google stock's current price/earnings ratio is as high as 61, it seems only a matter of time before ...

                                                                    What is Web 2.0 ?

Web 2.0 was a term coined in 2003 by Internet maven Tim O'Reilly along with web pioneer Dale Dougherty.

Web 2.0 represents the "new" metamorphosis of the Internet. Incidentally, the dot com boom period (1995 - 2001) is referred to as Web 1.0.

Post the dot-com bust in 2001 (also called Bust 1.0 in anticipation of Bust 2.0 ?!), the World Wide Web has taken on new dimensions.

These are briefly described as follows:

* "Open source" or innovation by assembling systems from distributed,
* independent developers

* "Nimble" business models based on content & service syndication

* "The Long Tail" demonstrating the reach & power of the Internet platform

* The Web as a vast platform (rather than a set of servers)

* Data or content as the driving force of the Web

* Network of individual participation

* "Perpetual beta software" or continuous innovation via software releases

IPTV Gains Momentum with BT Vision
British telecom major BT has launched its BT Vision IP TV service with a Windows-based IPTV software from Microsoft and a Philips set top box with 160 GB HDD for a PVR. BT broadband customers can finally receive television signals over broadband into their homes.

BT Vision is designed around the BT Hub - which handles wireless LAN for household PCs & VoIP calls, Internet surfing and of course, IPTV. BT Vision has already tied up with major content producers.

But what's unusual for a telecom operator is that BT has eschewed the monthly subscription route - keeping the revenue model for BT Vision as strictly "pay per view".

Walled Gardens & Mobile ISPs
Nokia has just introduced its Peer-to-peer Traffic Control tools to help mobile operators to black out data hungry applications. (The official description is to help mobile operators to profitably manage their bandwidths.)

With Internet over mobile networks, the stage should be set for mobile ISPs. Yet, much like the "walled garden" model adopted for many years by AOL, the major mobile operators are trying to selectively block Internet content downloaded through mobile networks. In fact, U.S. mobile operators have already approached Google asking it to stop their customers from applications like its mobile maps.

Mobile operators are clearly rejecting the ISP-style model (a la fixed-line telecom operators. What remains to be seen is how long they can stop subscribers from downloading what they want from the Internet. And who will be the first mobile operator to embrace "mobile ISP" !


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