Welcome!

Recurring Revenue Authors: Yeshim Deniz, Zakia Bouachraoui, Elizabeth White, Pat Romanski, Xenia von Wedel

Related Topics: Agile Computing

Agile Computing: Blog Post

Web 2.0 Is Dead and Web 3.0 Is Five Years Away

New Media, Virtualization and Cloud Computing Will Flourish During this Recession

http://twitter.com/fuatkircaali

Do you remember our Y2K problem eight years ago? On January 1, 2000, all of a sudden, there was no Y2K problem. For many years every software company collectively made billions of dollars on Y2K projects. Y2K became an industry inside the software industry. I recall meeting a computer consultant who claimed to be fixing the Y2K problem on QuickBooks on a local PC used by a local mom and pop shop, a "hire a nurse" small business.

Unfortunately Web 2.0 was not so lucky.

Forget about the IBMs, Microsofts, Oracles of the industry for a moment that forayed into the Web 2.0 craze simply because of the buzz that started a couple of years ago. For the rest of the software vendors and the VC-based start-ups who bet their entire business on Web 2.0, the season is unfortunately over for now.

The new game is played a little differently now in the brave new World. IT departments around the world, small or large, have new priorities on their plate:

Cost Cutting!

I can't imagine a single company having a spare team of programmers sitting bored in a room today, with nothing better to do than implementing a "social computing" module to their corporate website, or my favorite, "enterprise mashups" for their management team.

Web 2.0 became a mute subject overnight as it relates to the "software business," almost like Y2K but for different reasons.

When you think about it, the entire Web 2.0 concept was a "no concept" to start with. We are not talking about "a new technology," we are not talking about "a new platform" or a "solution" to a business problem.

Bloggers do not need hundreds of Web 2.0 software companies to help them, neither did the kids who started MySpace, YouTube, or Facebook. As a matter of fact, not a single Website whose name is mentioned alongside the term Web 2.0 ever used any technology from a single Web 2.0 software vendor. We certainly didn't as we built Ulitzer.

Whose Web 2.0 software platform is the guy who launched Digg using? No one's. Why would K-Mart need social computing features on their website? Why would IBM need social computing elements on its website? Why would Sony need an enterprise mashup? Well, Zillow is a hit. Do we need to change every website on earth to mini Zillows?

As I said, companies, like the families and individuals of our times, are in survival mode now. They have a task at hand to cut costs, improve efficiencies, and survive the next five years.

K-Mart's IT department is trying to find a way to load those trucks more efficiently and the last thing people in Armonk are thinking about is when to launch IBM's very own corporate Web 2.0 site.

As far as the software industry goes, these tough economic days give the biggest business advantage to those companies who contribute directly to the solution of the big global problem and they will be the first to flourish as we dig ourselves from the ditch. Call that the new Y2K problem of our times, and it won't go away on a predetermined date, as the clocks hit midnight.

And on top of this list comes three recession curing technologies: SOA, Virtualization, and Cloud Computing.

Now, let's get back to work folks.

http://twitter.com/fuatkircaali

More Stories By Fuat Kircaali

Fuat Kircaali is the founder and chairman of SYS-CON Media, CloudEXPO, Inc. and DXWorldEXPO, Inc.

Kircaali came to the United States from Zurich University, Switzerland in 1984 while studying for his PhD, to design computer systems for SH-2G submarine hunter helicopters for the U.S. Navy. He later worked at IBM's IS&CG Headquarters as a market research analyst under Mike Armstrong's leadership, an IBM executive who later ran IBM Europe and AT&T; and Fuat was the Director of Information Systems for UWCC, reporting to CEO Steve Silk (later Hebrew National CEO), one of the top marketing geniuses of the past two decades.

Kircaali founded SYS-CON Media in 1994, a privately held tech media company with sales exceeding $200 million. SYS-CON Media was listed three years in a row by Inc 500 and Deloitte and Touche among the fastest-growing private companies in America. Kircaali launched DXWorldEXPO LLC, a Lighthouse Point, FL-based "digital transformation" events company in March 2017.

Fuat completed Bogazici University (ranked among the top 100 universities in the world) Business Administration program in 1982 with a Bachelor's Degree in Istanbul, Turkey. He was one of 50 students accepted to the program out of over 1 million high school graduates.

http://twitter.com/fuatkircaali

Comments (3) View Comments

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


Most Recent Comments
nni123 10/21/08 11:59:35 PM EDT

not sure how you come to the conclusion that web 2.0 is dead & I don't see the details to support that.

1. Adobe Flex
2. Google web tool kit
3. Microsoft silverlight
4. Appcelerator.com (they have SOA support)
5. ZK
6. Open source Lazalo

I mean top three are doing pretty well in that current market & people always need user interface for their website using web 1.0 or 2.0 or 3.0. So I am not sure how web 2.0 is dead or even close to that..

ndwalsh 10/21/08 01:18:04 PM EDT

wrong link - this one - http://in.sys-con.com/node/712598 to Jame's article.

ndwalsh 10/21/08 01:08:57 PM EDT

Hi Fuat,

Y2K was the biggest non-event event - but like us all, there was too much risk in ignoring it and looking back and saying if only....

I agree - there are interesting times ahead, I’m not sure Web 2.0 is dead yet - it could just pave the way through these turbulent times for us all. It's probably best to baseline what web 2.0 is - in the same way CRM is not a single technology its a number of methodologies, processes, a concept for care, service and interacting - all bought together and enabled by many CRM vendors.

In the same sense, Web 2.0 - simply describes - (quote from Wikipedia) "changing trends in the use of World Wide Web technology and web design that aims to enhance creativity, secure information sharing, collaboration and functionality of the web".

ultimately - whatever we call it - this is evolution and "recession curing technologies" are just fancy words for saying here’s something that’s evolved and got better Mr Customer, applying it to current business challenges and environements.

just my 2c...

Cheers
Nigel

PS - did you see also your colleagues post - http://in.sys-con.com/node/707147 - I think you must definitely have been speaking about K-Mart over coffee!

IoT & Smart Cities Stories
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
Early Bird Registration Discount Expires on August 31, 2018 Conference Registration Link ▸ HERE. Pick from all 200 sessions in all 10 tracks, plus 22 Keynotes & General Sessions! Lunch is served two days. EXPIRES AUGUST 31, 2018. Ticket prices: ($1,295-Aug 31) ($1,495-Oct 31) ($1,995-Nov 12) ($2,500-Walk-in)
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...