Predicting Future. What is Web 2.0?
When you host, keep or maintain programs in the web, it does not take up space in your home or office. Further, you can operate anywhere in the world where there are basic ISP services.
Hosting companies throughout the world are well aware of the sweeping powers of web 2.0. They are offering 300GB disk space for around US$10 per month. Wow! 300 GigaByte. And one free hosting offers 1.5 GB disk space. The availability of the cheap disk space is the primary reason that drives the future into web 2.0!
Do you know that Microsoft recently took over a company known as Aquantive for a stunning US$6 billion. Google took over You-Tube for 1.6 billion. Aquantive is a user driven advertising company, generating a revenue of US$54 million in 2006. Microsoft pays a generous PE of 110 for this purchase. Why do Microsoft want to take over this company? Analysts believe Microsoft sees the shift from desktop to web based application.
John Nasbitt is an expert on mega trend. Using his methods , we should be able to see that the next mega trend is the web 2.0 world. Massive opportunities and wealth are to be found within the web 2.0 economy.
In other words, prediction requires knowledge so that we can be in the right place at the right time.
DR SOON
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