Is Web 2.0 a Goldmine ?

Kevin Murphy has recently shared about whether or not there is a #place for a feature on so-called Web 2.0 technologies in a serious enterprise IT magazine#.

If in the late 80’s and early 90’s, web developers were rushing for the goldmine when they went public, in this new era of web 2.0, everyone is rushing to dip in for a piece of the pie by developing great mashup tools and wishing to be acquired by either Google, Yahoo or MSN.

In its simplest meaning, web 2.0 can be defined as an easier interactive way for people to share information among themselves.

The majority of web users always doubt if there is any money to be made by the investors, and this subject is still being questioned. As for Google, their recent acquisition of Youtube definitely is a way for them to diversify their search business for their return on investment (ROI).

And the recent joint project by Intel to release SuiteTwo, a portal that allows enterprises or individuals to control their blogs, wikis, RSS feed reading, and RSS feed management, under a single management interface. SuiteTwo now consists of Six Apart and the blogging application, Socialtext for the wikis standard, NewsGator as the RSS feed reading tool, SimpleFeed for the RSS feed management tool. All these applications are packaged into one by using the technology from SpikeSource. The irony with this joint project is in the fact that the profit will be shared between Six Apart, Socialtext, NewsGator, SimpleFeed and SpikeSource only. I just wonder what they are up to. With the media attention and influence that Intel has, web 2.0 is definitely going to get a better exposure to the masses.