BU415 Chapter Notes - Chapter 5: Web 2.0, Open Standard, Emerging Technologies
Document Summary
University network is privately owned while still being connected to: multiplicity of devices the internet. Internet is a digital network consisting of millions of smaller digital networks like your home network: each of these smaller digital networks have digital devices, called nodes, devices like your laptop, printer, router are nodes. Internet is in continuous expansion as the price of bandwidth and microchips drop and the number of devices that become nodes increase: open standards, network nodes follow an agreed-upon set of rules in order to communicate. Internet set of rules tcp/ip: ex. Google and amazon: dominant business models for digital business, online retailing. Infomediaries: organizations that use the internet to provide specialized information on behalf of product or service providers: value prop: gathering product and service specifications and reviewing and creating a system to quickly search and organize the data, ex. Skyscanner. com: content: organizations that develop and publish content, ex.
