Posts filed under 'online social networks'
This article discusses how to create a virtual web server on the Amazon cloud and install/configure SugarCRM in less than an hour. It should actually take 30 minutes if you already have an Amazon account and Elasticfox installed. This is intended as a hackers technical general guide, rather than something a novice could do.
I chose to implement SugarCRM and use it to manage contacts, segment the customer base, and conduct campaigns. This provided a platform to restructure the marketing function of the business to be less reliant on redundant Web 1.0 distribution and more Web 2.0 (participation) and Web 3.0 (contribution).
Continue Reading August 27th, 2008
Rightscale offers to manage a farm of servers to automatically scale the processing and storage capacity of a web application to service growing, or declining, demand from internet users. Rightscale costs USD500 per month plus a USD2,000 setup fee (last time I checked). Scalr is an open source application that performs the same function as Rightscale. You can implement Scalr yourself from here or use Scalr’s USD50 per month paid version (with no setup fee).
Continue Reading August 23rd, 2008
Our society is in transition. It is applying new technologies to create new structures. Proprietary information is no longer necessary to encourage innovation or distribution channels. The internet provides a virtually free distribution channel in a services based economy. Online social networks have redefined how we interact with large numbers of people adopting new behaviours. Online industry network will redefine industry. Online political networks will redefine politics.
The following is intended to provide a summary of how our society operating in a Web 1.0 world and the emerging Web 3.0 world. This is one of a series of concepts that explain the evolution toward Web 3.0. I recommend you review the visual overview of these concepts in the Marcus.cake overview presentation.
Continue Reading August 19th, 2008
An online political network can replace expensive proprietary distribution channels and with a virtually costless channel that provides a superior means to deliver the primary objective of democracy to ensure “political sovereignty [is] retained by the people and exercised directly by citizens”. Democracy is entirely based upon information and could be facilitated by an online political network. Our politicians make choices about economic, social and industry policies and implement them with laws. Citizens choose politicians based on information. Online political networks provide internet applications to facilitate the exchange of information, collaboration and the political process between citizens, government executives, politicians and other stakeholders in the politcal process. This article offers a potential structure for this network. I have also developed an initial prototype of this web application that has the global scalability of the Amazon Web Services cloud. The web application may be available in six weeks, but the transition to this online network may take six months or 50 years In Politics 3.0, individual transparency through online networks and internet traffic to a politicians profile may be determine whether a politician gets elected or not.
Continue Reading July 31st, 2008
Rightscale and Amazon Web Services now offers essential features not previously available - automatic scaling , Manager for MySQL and Persistent Storage. The Amazon Web Services platform empowered the entrepreneur, but advanced technical skills were still required to solve storage and scalability issues to create a truly scalable application. These latest developments are critical building blocks of transformative online networks and bring the power direct to the entrepreneur. This power is available by using the Rightscale dashboard/service. They charge USD2,500 to setup your server and USD500 per month to use the dashboard. This is a fraction of the cost of a comparable web hosting configuration five years ago, assuming a comparable web hosting configuration could be built. Competitive advantage can no longer be derived from the prohibitive cost of web hosting or ability to scale a web application. Unlimited storage and global scalability is now available to the entrepreneur (that is a hacker).
Continue Reading July 30th, 2008
The era of online networks which manage information of no value is ending. The era of online networks that manage valuable information and reshape industry is beginning. The foundation for online networks has been building for decades. The most recent milestone may have been 90% broadband penetration rates in the major economies. The next generation of online social, industry and political networks will deliver unprecedented transparency, liquidity and accessibility in all aspects of society.
Continue Reading July 27th, 2008
Online social networks provide internet applications to facilitate social interaction between people. Online industry networks provide internet applications to facilitate collaboration, information distribution and markets between participants within an industry. A focus on an industry fundamentally changes the economics of an online social network in terms of profitability, time to break-even and investment funding required.
Continue Reading July 10th, 2008
Morgan Stanley has released a research report on Internet Trends (June 2008). I recommend reviewing the presentation. It contains some interesting statistics on shifts in online advertising, the movement of market share to Asia and the decline in US relevance to the global economy.
Continue Reading June 30th, 2008
I recently read A New Earth by Eckhart Tolle. “At the core of the teachings lies the transformation of consciousness, a spiritual awakening that he sees as the next step in human evolution. An essential aspect of this awakening consists in transcending our ego based state of consciousness. This is a prerequisite not only for personal happiness but also for the ending of violent conflict endemic on our planet” (Inside back cover, A New Earth ). This has prompted the following question? Could a open source style online network, like Linux, focus the global consciousness to accelerate the solutions to immediate global problems. How would the online network be structured? How many people would be needed? Can this right brain global consciousness be just another resource or function of a left brain information distribution and collaboration online network?
Continue Reading May 25th, 2008
There is an opportunity for a Linux style online community to coordinate the individual contribution of scientists, government, corporations, philanthropists and the community to pursue/deliver climate stability. Virginearth.com would be an ideal forum for this initiative. Richard Branson and Al Gore could inspire an global online community and encourage government and corporations to contribute essential intellectual property to a solution and deliver climate stability.
Continue Reading May 5th, 2008
The primary ego on the world stage today is the US - its excessive consumption, insolvency, military aggression and use of 60% of the world’s savings make it the world’s most gluttonous consumer. Its military acquisition of the worlds resources may be the greatest strategic move in history. It provides resources to pay back unserviceable debts and leverage other countries on the global stage. However, the destruction of relationships in the process will crowd out an opportunity to deliver a sustainable future for the planet. Unrelenting ego by the US may win the resource wars, but the destruction of global relationships in the process sacrifice the opportunity for a sustainable future. An online network may not save the world, but could a collective conscious network.
Continue Reading May 2nd, 2008
We need to deploy five online political, industrial and social networks to avert disaster by 2012. Existing structures that rely on proprietary ownership of information, distribution channels, institutions and regional approaches are unable to solve our most pressing problems. Even if they could solve the problems, they are simply unable to coordinate a global endeavour in a rapidly closing timeframe. I had previously written that online networks could be delayed for up to 50 years by three epic battles. In some aspects of our global community, we can wait 50 years (and there is only an opportunity cost). However, for some specific problems, online networks need to be built, acquire a significant audience, and achieve their objective by 2012.
Continue Reading April 1st, 2008
Recent market turmoil is likely to eliminate the growth on stock exchange trading volumes. This growth had driven the growing revenue of stock exchanges in the last five years. Cost cutting has also contributed significantly to profitability. With growth unlikely and further opportunities for cost reduction minimal, stock exchanges will now seriously consider other strategic initiatives. Collaborative hubs are likely to be at the top of the list.
Continue Reading April 1st, 2008
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Continue Reading October 1st, 2007
At its simplest, the business of stock exchanges is the matching of buyers and sellers of quantities of shares. At its more complex are important functions of settlement and custody. The industry could, however, run on a single computer anywhere in the world and offers a very narrow niche of functionality for the equity market. Most of the stock exchange infrastructure in the world is obsolete. It could also be suggested that much of the software that runs enterprises is also obsolete. If the software is not obsolete, it could be replaced or rebuilt at a fraction of the cost. Stock exchange consolidation may just combine redundant technology, declining customers bases and a redundant business model. This legacy may prevent new initiatives to provide greater access to the equity market for smaller companies. We may have a larger organisation with the same redundant business model with limited access to a niche of potential market participants. Will this new organisation provide greater access to capital markets for all market participants?
Continue Reading September 29th, 2007
Grant Thornton conducts an annual review of global growth markets. The report confirms a number of key trends. Capital markets are becoming more global and less regional, financial centres and specialising and certain stock exchanges are growing strongly. The most popular growth exhanges are in UK (AIM), Singapore, Hong Kong and Canada. Companies are becoming increasingly comfortable listing on foreign exchanges. This is contributing the the rise of specialist financial centres and global growth stock exchanges. The internet provides investors with transparency and direct access to information. Many stock exchanges and their closed information networks will struggle to find a niche in a globally connected world and free flow of information. Globally distributed online networks are likely to support growth companies and growth exchanges. Online networks will deliver the international companies, advisers and investors necessary to deliver liquidity to small exchanges that have been historically restricted to local business.
Continue Reading August 31st, 2007
Regional stock exchanges are deprecated. They will be superseded by new structures in a global market. These new features include online industry networks, global and specialist stock exchanges and a global private equity industry that can provide capital for any size of transaction - small and large in any market. Companies will need time to change their approach and use these new features of the global equity market. Regional stock exchanges are likely to throw up a lot of deprecation errors, or public relations messages, as they struggle with emerging global exchanges and online industry networks. The pace of industry consolidation has rapidly increased in the last 18 months as the global stock exchange is created. With economies of scale, a global stock exchange may be able to provide access to the equity market for companies which previously could not get access. It is unclear whether the global exchanges currently being created will improve access to the equity market by smaller companies.
Continue Reading June 4th, 2007
The next phase of economic development will be driven by the freedom of information and innovation generated by enthusiastic open source communities. Microsoft is asserting its patent portfolio is being violated by open source community software. It seems determined to strike at the heart that may drive the next phase of economic development. That heart is information freedom and enthusiasm of open source communities.
We empower government with the responsibility of providing the framework to promote economic development. Proprietary ownership of knowledge is no longer necessary to encourage innovation, but it still form a key part of our economic system. Open source communities are being unleashed on a global stage. Our community has a choice - enforcement of the current system of private ownership of knowledge, or allow information to be free to make humanity wealthier. Microsoft probably can’t kill humanity’s opportunity to become wealthier, but the broader battle may. The key threat to open source and online networks is the government regulatory response to the battle between community knowledge and intellectual property.
Continue Reading May 22nd, 2007
Online networks which embody every facet of industrial, social and politcal aspects of our modern society are inevitable. They simply offer a superior way to interact and transact. The transition to a global community based around online networks will take six months, sixteen years or fifty years. The timeframe will depend upon the outcome of three epic battles. The battles are economic development vs geostrategy, community knowledge vs intellectual property, and online networks vs closed systems. Online industrial, political and social networks which are involved in these battles could be delayed for decades.
Continue Reading May 22nd, 2007
Online industry networks could develop pharmaceutical products using open source principles. The Tropical Diseases Initiative is an example of an “open source” online network developing drugs for tropical diseases. It operates in a niche that is uneconomic or unviable for the pharmaceutical industry. It has been allowed to survive as a result. It demonstrates the potential of online networks in the pharmaceutical industry. A description of the Tropical Disease Initiative is provided below.
Continue Reading May 22nd, 2007
Most financial products, and particularly insurance, are entirely information based products. They have no physical existance and very little need for physical things to occur within a specific country. The internet allows any provider of an information product to form a direct relationship with the consumer. The two parties may be in any country. An insurance provider could be located in a specialist financial center optimised for insurance companies. The policy holder could be located anywhere in the world. The insurance provider could use freelancers in local countries to perform local tasks. For existing insurance providers, the internet could be seen as Pandora’s box by the insurance industry.
An online industry network for the insurance industry would be quite simple. The products would be identified. The assessement criteria for each product would be determined and broken down into questionaires. Local freelancers could be used for pre-policy due diligence and post-claim investigations. All could be coordinated by an open source application on a elastic cloud. Maybe a hacker could build an online industry network for the insurance industry for US$25k in 90 days. I suspect the insurance industry may take US$50k an 180 days for a truly global platform. The participants in an online industry network could be limited by company, country or encompass an entire industry. Ultimately, a global platform will develop.
Continue Reading May 16th, 2007
Information technologies which capture, store, process or transmit information double in performance or halve in cost every 18 months. Moore’s law has been working patiently for 40 years. In an information economy, this should have had a dramatic effect. However, political, industrial and social structures largely remain the same. Advances in technology have not changed the fundamentally way that our society or economy has operated. The right information in the right place at the right time will transform the world. This transformation will only start now. This article will discuss why such a process should only begin now and what role information is likely to have.
Continue Reading May 15th, 2007
Open source communities have developed a critical mass of tools and are beginning to morph into the development of solutions. Amazon’s elastic cloud is a critical building block that will support the next wave of economic development. Moore’s law has been improving information technology at a rapid rate for more than 40 years. In isolation, each technology advance represents a rapid advance in a technology area. The combination of these technologies can now deliver a paradigm shift which presents new opportunities for economic development. This article is focussed on how elastic clouds and open source communities can provide virtual building blocks for business and social entrepreneurs building tomorrows disruptive structures.
Continue Reading May 3rd, 2007
Amazon web services are pioneering essential building blocks for economic development. These blocks will provide a foundation for the next phase of online networks which will pioneer new structures. They reduce processing power and information storage to basic utilities, just like telephone, gas and electric supply. The storage service (S3) and web hosting service (EC2) cost less than 50% of traditional approaches and are more flexible and simpler to use.
Hackers can design their online network at home and simply drag and drop it onto the Amazon cloud. The conventional approach would require a large number of employees or consultants to deliver equivalent functionality. Ofcourse, a significant amount of time was required to raise capital from investors to pay for it. Today, a hacker can create an application on the (free) Linux desktop and an open source development platform. A major ebusiness could be built by a hacker with less than US25k in external development. If you are not a hacker, then you will need to raise some serious capital because you will need significant support to navigate unfamiliar ground and achieve your outcomes.
Continue Reading April 24th, 2007
What if we did have cars that cost $25 and got 1,000 miles to the gallon? What if the Moore law rates of innovation and improvement could be applied to the world’s problems. What if Moore’s law rates of improvement applied to aircraft engines, car engines, carbon dioxide emissions, industrial pollution, cures for disease, energy and minerals usage, education and leadership. Our world is evolving. Advances in technology present new ways to organise. Online networks are likely to be a step forwards. An expansion of intellectual property laws is likely to be a step backwards. If there was a new way to deliver greater rates of innovation, we have a compelling need to solve specific global problems. We need to question that our underlying assumptions of how to organise.
Continue Reading April 6th, 2007
Typo3 is a content management system. It was named as one of the top 100 companies and projects in the digital content management industry. It is rapidly developing new features and will improve its standing.
Continue Reading April 3rd, 2007
The objectives of open source will change over time. As open source evolves and proves its capability, it will move beyond technology, beyond specific industries, to all other aspects of our society. This has been suggested in the past. However, existing organisations are not sufficiently motivated to apply advances in technology to promote development. Business, social and political entrepreneurs that establish online networks are likely to be the primary force for change.
This article outlines the first four stages of the development of online networks and the .Net boom. The objective of the online network in each stage is identified.
Continue Reading March 24th, 2007
Paul Webber released Linux Media Center edition on on 17th March 2007. It was the culmination of five months work by two individuals full-time. He leveraged the Ubuntu Linux distribution and plutohome.com open source projects to deliver a “free” Linux Media Centre. It may be better than Microsoft’s media centre. I expect a quality community will join this project and fix any issues quickly.
It demonstrates the power of one individual to make a significant contribution to the world by leveraging free and open source software. It also extends Ubuntu to deliver a “Media Centre edition” for a specific target segment. The Linux community is moving from tools to solutions for different customer segments.
Continue Reading March 24th, 2007
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