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* [[What is the difference between the current Internet and Web2.0?]]<br> | * [[What is the difference between the current Internet and Web2.0?]]<br> | ||
: Ross Mayfield, the CEO of SocialText, a company that sells collaborative wiki software to enterprises and that is hosting the Web 2.0 wiki, had a simpler definition for conference goers. "Web 1.0 was commerce. Web 2.0 is people," Mayfield said. | |||
Retrieved from "http://scenariothinking.org/wiki/index.php/What_is_the_difference_between_the_current_Internet_and_Web2.0%3F" | |||
This page was last modified 12:32, 9 May 2006. | |||
===Media mix=== | ===Media mix=== | ||
Revision as of 16:44, 9 May 2006
Profile
Object from The Future: India Silicon Valley
New
what is new about this object, what makes it different?
It is now the era of the knowledge society, and the Manchester of the industrial era has come to be replaced by the Silicon Valley. The 1500 sq. km. area of enterprise in California that came to be known as the Silicon Valley has become the gold standard for several international cities. Bangalore acquired the title well ahead of the others and as the author, James Heitzman, notes in his book, it is recognised as India's Silicon Valley even by those who live in the "original" in the U.S.
India's well-educated, English-speaking talent pool gives the region a competitive advantage over China and other Asian competitors, Khan said. "I know China has a way of getting things done," he said. "But when you talk about education and a talent base, that takes much longer to create."
Replace
what other objects does this object replace?
Outsourcing in India has experienced explosive growth with overseas companies getting everything from their customer support work to teleradiology done here.
Leading companies worldwide realize that to maintain stay ahead, they need to reduce costs, provide the best quality, use the latest high-tech skills, and be reliable and innovative.
Offshore assignments have moved up the value chain - from data entry to large and complex turnkey projects of 200 to 300 person years.
Applications include:
- E-Commerce
- Business Process Re-engineering
- System Migration
- Maintaining Legacy Systems
- System Integration
- CBI Application
Change
how could this object change its environment (remember the car example)?
Management Trends in Outsourcing
- Harvard Business Review has identified outsourcing as one of the most * important management ideas and practices of the past 75 years.
- Spending by U.S. organizations on outsourced business services will triple from $100 billion to $318 billion.
- Studies indicate that outsourcing is increasingly viewed positively by executives and top management alike, at both US and multinational companies.
Top US Companies Turning to Business Process Outsourcing According to a study released by PricewaterhouseCoopers, top US companies are turning to business process outsourcing based on interviews with senior executives at more than 100 U.S. companies averaging about $4.4 billion in yearly revenue.
About 73 percent of U.S. executives interviewed said their companies presently outsource one or more business processes to external service providers.
Growth
Are there many of these objects around, what are the growth statistics for these objects?
India IT Software and Services Industry (US$ billion)
India’s software industry statistics illustrate the massive strides achieved by this sector and the opportunities the future holds. According to NASSCOM’s estimates for the fiscal year 2000-01, the country’s software industry is worth $8.26 billion, up from $100 million ten years ago.
Software Export as a percentage of India’s Total Export
According to the NASSCOM-McKinsey study, the Indian software industry is expected to gross US$50 billion in exports in 2008! This is based on an average growth rate of 35 percent per year. The industry is well placed to achieve this target.
Other
India vs China
In terms of integration into the global economy, the Chinese reforms have gone much further than India's have, and reaped bigger rewards. But India and China still face similar challenges. When George Fernandes, an Indian opposition politician who was defence minister in the previous government, visited China in 2003, he asked China's prime minister, Wen Jiabao, to list his economic priorities. The answers—unemployment, regional disparities and the enduring poverty of farmers—applied just as much to India. Mr Fernandes, once known as a critic of China, concluded: “We are both sailing in the same boat.”
The two countries have much else in common. Both have massive populations with correspondingly massive needs for resources, especially land, water and energy. Both need to find ways of stemming environmental decay. Both suffer under-reported HIV infection rates. Both face potentially destabilising external disputes: China with America over Taiwan, India with Pakistan over Kashmir.
References
Research Question
BASIC
"Web 2.0, according to 2005 conference sponsor Tim O'Reilly, is an "architecture of participation" -- a constellation made up of links between web applications that rival desktop applications, the blog publishing revolution and self-service advertising. This architecture is based on social software where users generate content, rather than simply consume it, and on open programming interfaces that let developers add to a web service or get at data. It is an arena where the web rather than the desktop is the dominant platform, and organization appears spontaneously through the actions of the group, for example, in the creation of folksonomies created through tagging."
The theory has been percolating for some time. But it intensified last year when O'Reilly published an essay on the topic, as well as a graphic outlining the key categories of this new medium.
- Ross Mayfield, the CEO of SocialText, a company that sells collaborative wiki software to enterprises and that is hosting the Web 2.0 wiki, had a simpler definition for conference goers. "Web 1.0 was commerce. Web 2.0 is people," Mayfield said.
Retrieved from "http://scenariothinking.org/wiki/index.php/What_is_the_difference_between_the_current_Internet_and_Web2.0%3F"
This page was last modified 12:32, 9 May 2006.