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Atricle Dump - 5 Latest Trends Portals Can't Ignore in the Internet Economy in India
China Manufacturing Secrets y into new markets. To expand its presence in the digital living room, Cisco spent $6.9 billion last year-nearly twice its entire R&D budget-to buy cable-box maker Scientific-Atlanta. This is R&D by M&A.China's focus is to become the manufacturer to the world. Their rate of expansion is 15% or higher over the last few years and is maxing out many of the resources of the country and world. Commodity prices for metal, concrete and other natural resources have skyrocketed. Chinese power plants can not produce enough electricity to keep up with the industrial production that is going on in their country.What is their secret to such prolonged manufacturing growth? First and most important, the government in Beijing decided many years ago that if China was going to be a world power. They will need to manufacture goods. They saw it work in Japan and obviously, they knew it worked in the United States.They knew they had a technologically advanced workforce. Factories had been manufacturing electronic components since the 70's and early 80's. Not only are the Chinese technologically advanced, they are a very hard working culture.So to speed up up their progress, they put a plan in place to grow as fast as possible. In order to do that, they invited manufacturers from Taiwan to establish plants in mainland China. Many manufacturing operations in China started with relatively small sales and now produce $500 million to $ 1 billion in sales in less than 15 years. It's incredible! The Chinese government has made their mission to be "The M This trend is now evident across the world across the industries especially so in the online world. In 2005, News Corporation entered the social networking fray with a $580 million buyout of MySpace’s parent company. In May of this year it bought online karaoke player kSolo.com and news aggregator Newroo. eBay last year dropped $2.6 billion on voice-over-IP player Skype. Owing to booming ad revenue, Google and Yahoo have a combined $4.3 billion in cash and equivalents, and they’re not afraid to spend big. In the last 18 months, Google gobbled up Dodgeball, Urchin Software, and Upstartle, gaining entry into mobile social networking, Web analytics tools, and Web-based word processing. Yahoo went on to its way swallowing Konfabulator, Webjay, Upcoming.org, Flickr, and del.icio.us. Now the company offers interface widgets, online playlists, an event-tracking service, and photo and bookmark sharing. Microsoft on the other hand extended its domain by acquiring a staggering 24 companies in the last year or so, including bookmarking startup Onfolio. Small Internet firms meanwhile, are eager to step up to the auction block. In Indian Internet space one this trend will also gain momentum in the months to come. Consolidation will soon start happening in verticals like online travel. This space is already getting crowded, with almost all new players offering the same service model. Soon the big pla Russ Dalbey - Marketing Your Cash Flow Business Trend 1: People Power and Web 2.0:I’m not a team sports guy. So, this time of year my head isn’t spinning with Super Bowl afterthoughts or dreams of missed calls and dropped passes. But I did watch the Super Bowl. And I enjoyed it.See, there is a not-so-obvious element of individual competition there that I like. In fact, it’s probably the part that most of us casual observers enjoy most – the commercials. While Super Bowl commercials may not be the most cost effective use of a marketing budget (they have singlehandedly sunk large companies into financial ruin) they do provide good lessons for entrepreneurs like us.How?Well, it’s hard to squeeze a message into 30 seconds. Near impossible. Yet, as a home business owner you MUST do it. And you must do it effectively if you want to leave a lasting impression.“On whom,” you ask?On anyone and everyone you meet.So, I always recommend that every home-based entrepreneur come up with his or her own “30 Second Face-to-Face Commercial.” Word of mouth is your most powerful source of advertising. And it’s free. But what better place to take a cue from than the $2.6 million sound bites on Super Bowl Sunday.In 30 seconds you don’t have time for detail. Instead, you need to communicate the key messages of who you are, what benefit you provide and how your customers should feel about you.Some commercials The web has entered its second-generation. As a manifestation of this second-generation Web today we are witnessing the spawning of user-generated, user controlled, and user-validated content on Web. The tools of production of content, from blogging to video sharing, are fully democratized, and the engine for growth is the talent, and capacity of regular folks, who are, in aggregate, creating a distributed labor force of unprecedented scale. Each of us has knowledge that’s valuable to someone, somewhere. What does this all mean for Portals and Corporations? The most successful Web companies today are building business models around or based on user-generated content. From Amazon.com to MySpace.com to Craiglist to Wikipedia to Flickr, the most successful of the companies on Web today belongs to the second-generation Web. Even for the regular veterans like Amazon.com and even for companies like NetFlix.com much of the Value comes from their tens of millions of customer reviews. Users click trail on Amazon is used to create better recommendations for those who follow. A query on Google and the pages that one find relevant give feedback that fine-tunes the search algorithms. These companies have found ways to harness the wisdom of the crowd, extracting information that was there all along, just latent and lost. Indian portals have started realizing and noticing this trend but they still have to figure out the full potential of harnessing the second-generation Web on their portals. The pace of adoption at these portals is quite slow currently. Successful verticals like travel, jobs and matrimony in India are also slow movers in this context. Successful market portals will have an edge in this regard. But a majority of the portals are still trying to figure out the issue of second-generation Web and how to gain full steam from this latest trend of user-generated content. They can’t ignore it and are quite sure of it, but how fast they adapt to this trend is still to be seen in the Indian context. Trend 2: Any Time, Any Place, Any Format, Any Screen-A show is always on In 2004, viewers tuned in to 2.9 billion music videos streamed from the Yahoo Music site. In 2005, close to 25 million unique viewers visited Yahoo Music and watched 4 billion clips. But it wasn’t until 2006, when music labels started looking to Yahoo as an indispensable part of their marketing strategy. This multiscreen video trend is fast catching up across the nations of the world and India is no exception to this trend. All major telecom and Internet players in India have seen a promising growth in the mobile downloads and Internet downloads market in the last 2 to 3 years. The demand for content has fueled portals like Yahoo to come up with content tailored for all kinds of different screens: first run television shows, original content such as online webisodes of the soap opera and time-sensitive news and sports segments. Once posted such content take on a viral life of their own. Recently STAR India has launched India’s first webisode for “Pyaar Ke Do Naam”. March 31, 2006 saw STAR’s official website, Indya.com, premiering the channel’s forthcoming show, ‘Pyaar Ke Do Naam…Ek Radha, Ek Shyaam’ on Indya Tube. As content companies scramble, hardware makers are also responding to the multiscreen demand with offerings of their own. Apple’s video iPod and Samsung’s video-enabled cell phones are just the start. Portals like Indiatimes.com in India are well positioned to gain from this trend. They have the early movers advantage in this category of business model and they are expecting a spike in their short code 8888 based download services in the coming few months. Many other portals in the new segments and travel segments have been quick to adopt this latest trend. Recently irctc.co.in launched a mobile-based railway ticket booking facility to facilitate booking through tailored for all kinds of access devices and screens. However portals in India have still time to catch up with this new trend. One reason being that worldwide leading corporations are still working to trying figure out the details pertaining to the demand patterns of these new multiscreen consumers. This move toward any time, any screen content will also push portal players and other creators to post their wares on third-party sites like Yahoo, Google, and iTunes. Trend 3: Personalize It Amazon.com uses purchase and pageview histories to create a unique Web page that includes recommendations tuned to your taste. Netflix looks at past DVD rentals and suggests future choices. Apple’s iTunes and Google Video are prodding radio and television out of the broadcast era and into the dawning age of individualized media. Today whether it is buying Jeans, shoes, cosmetics or booking an online travel service for that matter, the era of consumer products tailored to personal tastes is fast catching up. Personalization remains the exception in hard goods but has become a rule online. This trend has fuelled the adoption of various types of personalization techniques on portals. Techniques like collaborative filtering, choice matrix and fuzzy sets matching have become a necessity rather than just fads on portals. With increasing pressure on content creation, portals are differentiating their content more and more on the basis of various tools and techniques to personalize the content. Trend 4: Buy It Now: Acquisition is the new end game The old school approach is to build a big R&D department and to put smart minds on control and let them come up with something innovative. But today more and more corporation across the world has realized that blue-sky research is fast becoming a drag on the bottom line. They are increasingly taking an alternative route that saves them money, saves extra pains and they get someone else to do the sweaty work for them. And as a solution more and more corporation worldwide has started buying out small firms that are already succeeding in a new market. Cisco long ago adopted this approach-acquiring 107 companies over a 12-year period ending in 2005-and along the way became one of the most valuable tech companies in the world. The network equipment manufacturer continues to deal its way into new markets. To expand its presence in the digital living room, Cisco spent $6.9 billion last year-nearly twice its entire R&D budget-to buy cable-box maker Scientific-Atlanta. This is R&D by M&A. This trend is now evident across the world across the industries especially so in the online world. In 2005, News Corporation entered the social networking fray with a $580 million buyout of MySpace’s parent company. In May of this year it bought online karaoke player kSolo.com and news aggregator Newroo. eBay last year dropped $2.6 billion on voice-over-IP player Skype. Owing to booming ad revenue, Google and Yahoo have a combined $4.3 billion in cash and equivalents, and they’re not afraid to spend big. In the last 18 months, Google gobbled up Dodgeball, Urchin Software, and Upstartle, gaining entry into mobile social networking, Web analytics tools, and Web-based word processing. Yahoo went on to its way swallowing Konfabulator, Webjay, Upcoming.org, Flickr, and del.icio.us. Now the company offers interface widgets, online playlists, an event-tracking service, and photo and bookmark sharing. Microsoft on the other hand extended its domain by acquiring a staggering 24 companies in the last year or so, including bookmarking startup Onfolio. Small Internet firms meanwhile, are eager to step up to the auction block. In Indian Internet space one this trend will also gain momentum in the months to come. Consolidation will soon start happening in verticals like online travel. This space is already getting crowded, with almost all new players offering the same service model. Soon the big play Small Business Consulting: Overcoming Unrealistic Expectations is quite slow currently. Successful verticals like travel, jobs and matrimony in India are also slow movers in this context.If you’re new to small business consulting, you may think there is no such thing as a prospect or client being too enthusiastic about jumping headfirst into a major IT project. Enthusiasm is a good thing when it comes to signing your firm’s small business consulting contract, right? Well, not always.Manage Clients’ OptimismAlthough hype isn’t exactly a sales obstacle, you need to manage client expectations regarding "unjustified" optimism at your earliest opportunity. During small business consulting projects, there is often a need to combat hype with vertical industry software solutions.Keeping Client’s Expectations RealisticThe small business owner or manager may return from a trade show with a gorgeous glossy brochure (and mouse pad) for an industry-specific application. Since your small business consulting client thinks the application is the best software since Lotus 1-2-3, he is ready to open up his firm’s checkbook -- but wants to run the application by the internal guru and your small business consulting firm, first.Although the ISV’s marketing literature and Web site seem quite professional, upon further investigation you learn this $5,000 per seat package is built on an MS-DOS-based Clipper database engine (circa 1991).The Bottom Line about Small Business ConsultingWhile your client might have been im Successful market portals will have an edge in this regard. But a majority of the portals are still trying to figure out the issue of second-generation Web and how to gain full steam from this latest trend of user-generated content. They can’t ignore it and are quite sure of it, but how fast they adapt to this trend is still to be seen in the Indian context. Trend 2: Any Time, Any Place, Any Format, Any Screen-A show is always on In 2004, viewers tuned in to 2.9 billion music videos streamed from the Yahoo Music site. In 2005, close to 25 million unique viewers visited Yahoo Music and watched 4 billion clips. But it wasn’t until 2006, when music labels started looking to Yahoo as an indispensable part of their marketing strategy. This multiscreen video trend is fast catching up across the nations of the world and India is no exception to this trend. All major telecom and Internet players in India have seen a promising growth in the mobile downloads and Internet downloads market in the last 2 to 3 years. The demand for content has fueled portals like Yahoo to come up with content tailored for all kinds of different screens: first run television shows, original content such as online webisodes of the soap opera and time-sensitive news and sports segments. Once posted such content take on a viral life of their own. Recently STAR India has launched India’s first webisode for “Pyaar Ke Do Naam”. March 31, 2006 saw STAR’s official website, Indya.com, premiering the channel’s forthcoming show, ‘Pyaar Ke Do Naam…Ek Radha, Ek Shyaam’ on Indya Tube. As content companies scramble, hardware makers are also responding to the multiscreen demand with offerings of their own. Apple’s video iPod and Samsung’s video-enabled cell phones are just the start. Portals like Indiatimes.com in India are well positioned to gain from this trend. They have the early movers advantage in this category of business model and they are expecting a spike in their short code 8888 based download services in the coming few months. Many other portals in the new segments and travel segments have been quick to adopt this latest trend. Recently irctc.co.in launched a mobile-based railway ticket booking facility to facilitate booking through tailored for all kinds of access devices and screens. However portals in India have still time to catch up with this new trend. One reason being that worldwide leading corporations are still working to trying figure out the details pertaining to the demand patterns of these new multiscreen consumers. This move toward any time, any screen content will also push portal players and other creators to post their wares on third-party sites like Yahoo, Google, and iTunes. Trend 3: Personalize It Amazon.com uses purchase and pageview histories to create a unique Web page that includes recommendations tuned to your taste. Netflix looks at past DVD rentals and suggests future choices. Apple’s iTunes and Google Video are prodding radio and television out of the broadcast era and into the dawning age of individualized media. Today whether it is buying Jeans, shoes, cosmetics or booking an online travel service for that matter, the era of consumer products tailored to personal tastes is fast catching up. Personalization remains the exception in hard goods but has become a rule online. This trend has fuelled the adoption of various types of personalization techniques on portals. Techniques like collaborative filtering, choice matrix and fuzzy sets matching have become a necessity rather than just fads on portals. With increasing pressure on content creation, portals are differentiating their content more and more on the basis of various tools and techniques to personalize the content. Trend 4: Buy It Now: Acquisition is the new end game The old school approach is to build a big R&D department and to put smart minds on control and let them come up with something innovative. But today more and more corporation across the world has realized that blue-sky research is fast becoming a drag on the bottom line. They are increasingly taking an alternative route that saves them money, saves extra pains and they get someone else to do the sweaty work for them. And as a solution more and more corporation worldwide has started buying out small firms that are already succeeding in a new market. Cisco long ago adopted this approach-acquiring 107 companies over a 12-year period ending in 2005-and along the way became one of the most valuable tech companies in the world. The network equipment manufacturer continues to deal its way into new markets. To expand its presence in the digital living room, Cisco spent $6.9 billion last year-nearly twice its entire R&D budget-to buy cable-box maker Scientific-Atlanta. This is R&D by M&A. This trend is now evident across the world across the industries especially so in the online world. In 2005, News Corporation entered the social networking fray with a $580 million buyout of MySpace’s parent company. In May of this year it bought online karaoke player kSolo.com and news aggregator Newroo. eBay last year dropped $2.6 billion on voice-over-IP player Skype. Owing to booming ad revenue, Google and Yahoo have a combined $4.3 billion in cash and equivalents, and they’re not afraid to spend big. In the last 18 months, Google gobbled up Dodgeball, Urchin Software, and Upstartle, gaining entry into mobile social networking, Web analytics tools, and Web-based word processing. Yahoo went on to its way swallowing Konfabulator, Webjay, Upcoming.org, Flickr, and del.icio.us. Now the company offers interface widgets, online playlists, an event-tracking service, and photo and bookmark sharing. Microsoft on the other hand extended its domain by acquiring a staggering 24 companies in the last year or so, including bookmarking startup Onfolio. Small Internet firms meanwhile, are eager to step up to the auction block. In Indian Internet space one this trend will also gain momentum in the months to come. Consolidation will soon start happening in verticals like online travel. This space is already getting crowded, with almost all new players offering the same service model. Soon the big pla Call Center Killers and How To Prevent Them al website, Indya.com, premiering the channel’s forthcoming show, ‘Pyaar Ke Do Naam…Ek Radha, Ek Shyaam’ on Indya Tube.To some these may be common sense to others these concerns will grab your interest. My goal is to not just provide the list to avoid but to also provide techniques you can employ to address these issues proactively and positively.Three Areas of Focus1. Employee Retention (attrition) 2. Absenteeism 3. Ineffective Frontline LeadershipCan you see the relationship among all three? Clearly, ineffective frontline leadership can and does have an impact on Employee satisfaction.This article will provide you with a brief explanation of the cost of each "Killer" and a brief overview of solutions to each of these three issues.As you will see to truly solve these areas of opportunity you will have to approach the solutions from a Holistic methodology. I know your time is limited soEmployee Retention vs. AttritionSimply stated....follow the golden rule and call center life will be productive. Meaning, treat people the way you want to be treated.Looking at the importance of attrition reduction some say "so what we can hire and train for pennies on the dollar." This view is short sighted and I will explain why.The cost of attrition needs to be calculated based on both hard and soft dollars.Hard DollarsIncreased Training cost (Agent's As content companies scramble, hardware makers are also responding to the multiscreen demand with offerings of their own. Apple’s video iPod and Samsung’s video-enabled cell phones are just the start. Portals like Indiatimes.com in India are well positioned to gain from this trend. They have the early movers advantage in this category of business model and they are expecting a spike in their short code 8888 based download services in the coming few months. Many other portals in the new segments and travel segments have been quick to adopt this latest trend. Recently irctc.co.in launched a mobile-based railway ticket booking facility to facilitate booking through tailored for all kinds of access devices and screens. However portals in India have still time to catch up with this new trend. One reason being that worldwide leading corporations are still working to trying figure out the details pertaining to the demand patterns of these new multiscreen consumers. This move toward any time, any screen content will also push portal players and other creators to post their wares on third-party sites like Yahoo, Google, and iTunes. Trend 3: Personalize It Amazon.com uses purchase and pageview histories to create a unique Web page that includes recommendations tuned to your taste. Netflix looks at past DVD rentals and suggests future choices. Apple’s iTunes and Google Video are prodding radio and television out of the broadcast era and into the dawning age of individualized media. Today whether it is buying Jeans, shoes, cosmetics or booking an online travel service for that matter, the era of consumer products tailored to personal tastes is fast catching up. Personalization remains the exception in hard goods but has become a rule online. This trend has fuelled the adoption of various types of personalization techniques on portals. Techniques like collaborative filtering, choice matrix and fuzzy sets matching have become a necessity rather than just fads on portals. With increasing pressure on content creation, portals are differentiating their content more and more on the basis of various tools and techniques to personalize the content. Trend 4: Buy It Now: Acquisition is the new end game The old school approach is to build a big R&D department and to put smart minds on control and let them come up with something innovative. But today more and more corporation across the world has realized that blue-sky research is fast becoming a drag on the bottom line. They are increasingly taking an alternative route that saves them money, saves extra pains and they get someone else to do the sweaty work for them. And as a solution more and more corporation worldwide has started buying out small firms that are already succeeding in a new market. Cisco long ago adopted this approach-acquiring 107 companies over a 12-year period ending in 2005-and along the way became one of the most valuable tech companies in the world. The network equipment manufacturer continues to deal its way into new markets. To expand its presence in the digital living room, Cisco spent $6.9 billion last year-nearly twice its entire R&D budget-to buy cable-box maker Scientific-Atlanta. This is R&D by M&A. This trend is now evident across the world across the industries especially so in the online world. In 2005, News Corporation entered the social networking fray with a $580 million buyout of MySpace’s parent company. In May of this year it bought online karaoke player kSolo.com and news aggregator Newroo. eBay last year dropped $2.6 billion on voice-over-IP player Skype. Owing to booming ad revenue, Google and Yahoo have a combined $4.3 billion in cash and equivalents, and they’re not afraid to spend big. In the last 18 months, Google gobbled up Dodgeball, Urchin Software, and Upstartle, gaining entry into mobile social networking, Web analytics tools, and Web-based word processing. Yahoo went on to its way swallowing Konfabulator, Webjay, Upcoming.org, Flickr, and del.icio.us. Now the company offers interface widgets, online playlists, an event-tracking service, and photo and bookmark sharing. Microsoft on the other hand extended its domain by acquiring a staggering 24 companies in the last year or so, including bookmarking startup Onfolio. Small Internet firms meanwhile, are eager to step up to the auction block. In Indian Internet space one this trend will also gain momentum in the months to come. Consolidation will soon start happening in verticals like online travel. This space is already getting crowded, with almost all new players offering the same service model. Soon the big pla Effective Lead Generation into the dawning age of individualized media.How to Gain your Prospective Clients’ Attention and Generate the Leads You Need to Make Your Business a SuccessIf you’ve ever tried to get a child who is engrossed in their favorite video to do another task you know you must first get their attention. Often the best way to do this is to use their name so they realize you are speaking directly to them. The process of effective lead generation requires that we communicate with many prospective clients at one time. Before we can communicate with them we must first get their attention. And our prospective clients must each feel we are talking directly to them.Getting a prospective client’s attention is not an easy task, especially given the hundreds of thousands of other products and services that are also competing for their attention. Like the mother who has learned to “tune-out” her kids bickering in the back-seat while she is trying to drive, our prospects have learned to tune out all the promotional clutter that bombards them daily. Here is a four step process to gain your prospects’ attention and help generate the leads you need to make your business a success.1. Define Your Target Market: To gain prospective clients’ attention you must understand their biggest problems and greatest desires. This requires really knowing your target market. And in order to know your target marke Today whether it is buying Jeans, shoes, cosmetics or booking an online travel service for that matter, the era of consumer products tailored to personal tastes is fast catching up. Personalization remains the exception in hard goods but has become a rule online. This trend has fuelled the adoption of various types of personalization techniques on portals. Techniques like collaborative filtering, choice matrix and fuzzy sets matching have become a necessity rather than just fads on portals. With increasing pressure on content creation, portals are differentiating their content more and more on the basis of various tools and techniques to personalize the content. Trend 4: Buy It Now: Acquisition is the new end game The old school approach is to build a big R&D department and to put smart minds on control and let them come up with something innovative. But today more and more corporation across the world has realized that blue-sky research is fast becoming a drag on the bottom line. They are increasingly taking an alternative route that saves them money, saves extra pains and they get someone else to do the sweaty work for them. And as a solution more and more corporation worldwide has started buying out small firms that are already succeeding in a new market. Cisco long ago adopted this approach-acquiring 107 companies over a 12-year period ending in 2005-and along the way became one of the most valuable tech companies in the world. The network equipment manufacturer continues to deal its way into new markets. To expand its presence in the digital living room, Cisco spent $6.9 billion last year-nearly twice its entire R&D budget-to buy cable-box maker Scientific-Atlanta. This is R&D by M&A. This trend is now evident across the world across the industries especially so in the online world. In 2005, News Corporation entered the social networking fray with a $580 million buyout of MySpace’s parent company. In May of this year it bought online karaoke player kSolo.com and news aggregator Newroo. eBay last year dropped $2.6 billion on voice-over-IP player Skype. Owing to booming ad revenue, Google and Yahoo have a combined $4.3 billion in cash and equivalents, and they’re not afraid to spend big. In the last 18 months, Google gobbled up Dodgeball, Urchin Software, and Upstartle, gaining entry into mobile social networking, Web analytics tools, and Web-based word processing. Yahoo went on to its way swallowing Konfabulator, Webjay, Upcoming.org, Flickr, and del.icio.us. Now the company offers interface widgets, online playlists, an event-tracking service, and photo and bookmark sharing. Microsoft on the other hand extended its domain by acquiring a staggering 24 companies in the last year or so, including bookmarking startup Onfolio. Small Internet firms meanwhile, are eager to step up to the auction block. In Indian Internet space one this trend will also gain momentum in the months to come. Consolidation will soon start happening in verticals like online travel. This space is already getting crowded, with almost all new players offering the same service model. Soon the big pla Too Few Resume Responses?-Try These Ten Tips to Improve Results y into new markets. To expand its presence in the digital living room, Cisco spent $6.9 billion last year-nearly twice its entire R&D budget-to buy cable-box maker Scientific-Atlanta. This is R&D by M&A.You can expect to receive about ten responses for every 100 resumes you send out. Some will be simple acknowledgments; some will be rejected as spam or incorrectly addressed. The remainder might be in a recruiter or human resource department inbox ready for inspection. Those reviews of the final three or four are the critical ones that will determine the effectiveness of your current job hunting campaign. These ten tips will help you get better responses.1. The name of your resume document should be in the form: Last, First. Add your middle initial if your name is common. Using resume or tomresume05 or such is certain to cause the recipient to lose it or lose interest because of the time consuming step necessary change it so it can be saved correctly. Make the document name unique to yourself. It should be in Microsoft Word format, not PDF or WordPerfect.2. The cover letter is basically wasted material. No one reads cover letters with any degree of interest or attention. Make it short and to the point. You are looking for a position in a certain area and your salary needs are $. That’s enough. If you will relocate or not it is a good idea to state that also. Any detailed information will have to be in your resume to do any good.3. Your resume should have many methods to reach you. Home, cell, work, alternate, these numbers must be at the This trend is now evident across the world across the industries especially so in the online world. In 2005, News Corporation entered the social networking fray with a $580 million buyout of MySpace’s parent company. In May of this year it bought online karaoke player kSolo.com and news aggregator Newroo. eBay last year dropped $2.6 billion on voice-over-IP player Skype. Owing to booming ad revenue, Google and Yahoo have a combined $4.3 billion in cash and equivalents, and they’re not afraid to spend big. In the last 18 months, Google gobbled up Dodgeball, Urchin Software, and Upstartle, gaining entry into mobile social networking, Web analytics tools, and Web-based word processing. Yahoo went on to its way swallowing Konfabulator, Webjay, Upcoming.org, Flickr, and del.icio.us. Now the company offers interface widgets, online playlists, an event-tracking service, and photo and bookmark sharing. Microsoft on the other hand extended its domain by acquiring a staggering 24 companies in the last year or so, including bookmarking startup Onfolio. Small Internet firms meanwhile, are eager to step up to the auction block. In Indian Internet space one this trend will also gain momentum in the months to come. Consolidation will soon start happening in verticals like online travel. This space is already getting crowded, with almost all new players offering the same service model. Soon the big players will gobble up the small new startups and the market travel space will mature further in the coming few months in India. The market for IPOs has weakened since the bubble burst, and new regulations have made an exit strategy a costly and cumbersome affair for new players. So the new endgame is acquisition all the way and it will indeed be a win-win situation for all. Trend 5: Open Standards and Open Access Technology is the order of the day Today openness has become a fundamental business principle, but its value hasn’t always been so obvious. In the 1970s and 80s, front-runners were companies like Oracle and Microsoft. They tried to make their proprietary technologies into de facto standards. Owning the standard made a company dominant, allowing it to dictate how customers used its products. With each new product cycle, customers had to tear out the old apps and install the new, and companies selling accessories had to scramble to update their wares. Then came along the Internet-the apotheosis of open standards. Now, apps didn’t need to be written with their own user interface to run locally on Windows, Mac OS, or Unix. The browser window became the default interface for all kinds of things, from commerce to network administration to stock trading to email. Once installed on a vendor’s server, updates were available immediately. And the open environment encouraged competition, driving continual improvements. Now we have Salesfore.com, which delivers software through a browser window. The model has been so successful that salesforce.com has recently furthered its reach to deliver their services on mobile as well. The company revenue is growing by more than 50 percent annually, and rivals like Oracle and SAP are picking hints from its strategy. Now companies are taking this software-as-service model to the next level by making public the instructions that control certain internal operations. For instance, users can tap into the Amazon.com or eBay servers to create their own storefront. Similarly, one can mash up Google Maps with Flickr photos. SOA, XML, Web services are defining the winners in the Web space today. Rescinding ownership results in cheaper, better software for everyone and the advantages of SOA (Service Oriented Architecture) are becoming more and more obvious to tech players around the world. While online vendors open their servers in pursuit of profit, programmers have embraced open source licensing for idealistic reasons. However closed systems aren’t obsolete-yet. They still rule in game consoles and handheld devices. And the telecom and cable TV industries seem reluctant to adapt to the changing technological environment. Still, the power of openness is boosting efficiencies and pumping up bottom lines throughout the business ecosystem. The path forward is clear: It starts with an open door.
HTTP = HTML link (for blogs, profiles,phorums):
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