Thursday, September 21, 2006

Value of Wikis

While many people focus on Wikipedia as the ultimate wiki, niche wikis and enterprise will soon dominate the landscape. Why do I make this argument? Its simple.

Information communities have been evolving since the beginning of the industrialized revolution (at a minimum). People with a common interest seek to collaborate and share their information with others.

Enterprises are a perfect example of an information community. People working together and sharing communal information to make a tangible and in some cases an intangible products. Wikis lower the costs of communication and therefore ad value to an enterprise. Economics is on their side.

While enterprises seek profit, many other people are interested in developing and sharing niche information. For these communities, wikis when combined with other technologies offer an ideal way to share and catalog information useful to a given community.

Once (and if) a niche wiki reaches critical mass it will be difficult for massive media companies that cater to niche communities to keep up.

Think about it. What will better serve the interests of a niche community, let's say interested in botany, a magazine (or encyclopedia) that only releases 12 issues per year (updated at most once a year) and a limited amount of static information. Or, an information community which not only has encyclopedic information but also other articles on a given topic that can range from the common "How to?" to people expressing a passion for various aspects of botany.

Wikis can cover a greater range of information than a traditional media company. It might not be economical for a magazine or traditional encyclopedia to hire an expert to write about fringe topics on a given subject. Maybe the topic won't appeal to enough people. Maybe the magazine cannot find/hire a person to write on a given topic.

The best part: information will be available, on demand, to people with an interest in a given topic and it can be quickly a dynamically updated. Sure, some of the information might not be 100% perfect, but no information source is perfect.

Wikis dramatically lower the cost of producing information—even when considering error—and create searchable freely accessible databases of information. Considering that information has a tremendous value and wikis lower productions costs, owning one or multiple wikis will become extremely valuable.

The owner of a wiki will essentially own an information bank. As we increasingly move to an information economy, these banks will only increase in value.

10 Comments:

Blogger kevinlane52599569 said...

hey, I just got a free $500.00 Gift Card. you can redeem yours at Abercrombie & Fitch All you have to do to get yours is Click Here to get a $500 free gift card for your backtoschool wardrobe

10/01/2006 11:22:00 AM  
Anonymous Anonymous said...

Search engines try it

Casino
viagra
tramadol
cialis

2/17/2007 05:11:00 PM  
Anonymous Anonymous said...

Latest news. Viagra, cialis

viagra
cialis
tramadol

2/20/2007 02:28:00 AM  
Anonymous Anonymous said...

NSU - 4efer, 5210 - rulez

2/24/2007 06:05:00 AM  
Anonymous Anonymous said...

I haven't any word to appreciate this post.....Really i am impressed from this post....the person who create this post it was a great human..thanks for shared this with us.
--------------------------
My site: Bonus without deposit free poker.

11/13/2011 12:51:00 AM  
Anonymous Anonymous said...

I wanted to thank you for this excellent read!! I definitely loved every little bit of it. I have you bookmarked your site to check out the latest stuff you post.
--------------------------
My site: Free Poker Money

11/13/2011 12:52:00 AM  
Anonymous Anonymous said...

If you don’t could you please post more articles, So that I’ll tell my friend circle to read your blog because you are great writer. Thanks man!
--------------------------
My website: Internet Poker Bonus offers.

11/13/2011 12:52:00 AM  
Anonymous Defend The Castle said...

I wanted to thank you for this excellent read!! I definitely loved every little bit of it. I have you bookmarked your site to check out the latest stuff you Post

10/10/2012 10:36:00 PM  
Anonymous Anonymous said...

the woman [url=http://www.montblancpensdiscount.co.uk]mont blanc roof box[/url] feels after working hard [url=http://www.montblancpensdiscount.co.uk]mont blanc mountain[/url] record to read the woman feels after working hard record to read the book that me like see to have a lot of, [url=http://www.montblancpensdiscount.co.uk]montblanc timewalker[/url] but in these bookses I feel the most good-looking, the book affirmative that I most like is a the woman works hard to record the ." hear" I introduce toward you in brief once! the woman works hard to record what [url=http://www.montblancpensdiscount.co.uk]mont blank[/url] this book speak is close relatives who the last will and testament that a young girl dies hereafter in father, mother, take him( she) go to a small town for calling gram seek her a.( grandpa)You know why on bed [url=http://www.montblancpensdiscount.co.uk]mont blanc 4810[/url] terms young girl, mother, father in grandpa he( she) live together?Originally, young girl of father is time that Frenchman who father, mother is British, being the grandpa know own son wants to get married with an England woman, very angry, hence two father and sons fought to get up, finally, the young girl decision leave the house flee, the house that go to the young girl go to, and get married where.Is so one thing. !Tell you a small secret, young girl father's house is very wealthy!Father, mother of that young girl with how and all would at died so early?Originally, [url=http://www.montblancpensdiscount.co.uk]mont blanc wallet[/url] afterwards the house of the young girl busts up, deserve rejoice is, young girl of father will photograph, hence, he( she) wander about everywhere, depend to photograph for living.Unfortunate of is, afterwards, her father gets a not well-known disease dies, her mother also got the top the heavy disease because the excessiveness harms not, also dying one after another.Now, only the in body a little money of the young girl( woman) wased with some house she then can how go to of small town in gram in so faraway ?But, brave she attained the …… want that does the story that know connect down?That ask you to go to the book city( certainly, other book seller's place too is can of) looks for this book!

http://www.montblancpensonsale.co.uk

Our updates Recent articles:
[url=http://www.opkor.com/thread-1162369-1-1.html]montblanc meisterstuck Bum[/url]
[url=http://www.iwellbeing.info/?q=node/1#comment-9187]mont blanc fountain pen Right says[/url]
[url=http://itjlw.com/forum.php?mod=viewthread&tid=309824]monster headphones for sale or yours[/url]
[url=http://www.jj2z.cn/tgb10244/Review.asp?NewsID=391]fl1vsxqg[/url]
[url=http://www.hako-niwa.net/2012/01/sake.html#comments]beats saledr beats headphones Instant loans-easy[/url]
[url=http://bsmh.wsgww.com/plus/view.php?aid=42529]mont blanc pens cheap ri sac a main longchamp sold[/url]

3/25/2013 04:58:00 PM  
Anonymous Anonymous said...

354352 [b]Tag:[url=http://www.cheapraybanaviators1853.org/]oakley sunglasses cheap[/url],[url=http://www.cheapraybanwayfarers1853.org/]ray ban sunglasses outlet[/url],[url=http://www.oakleydiscountoutlet.org/]oakley sunglasses sale[/url],[url=http://www.oakleydiscountsunglass2013.org/]discount oakley sunglasses[/url];Links:[/b][url=http://www.WeeWorld.com/]ray ban sunglasses outlet[/url]
they are of low sharpness. Therefore they are suitable to be worn in sunny days but not suitable when one is driving; brown prescription sunglasses are able to keep off the glare reflect from other bright surface and the wearers are able to see image details, darkish eco-friendly doctor prescribed shades can soak up heat, Rayban grasps ecommerce possibility. Plenty of leading research workers involved are usually referred to as directly into study the situation in which just how to generate a sort of glasses which may give you the wearers an obvious perspective and also vision defense. Right after 3 years' work, Rayban grasps ebay option. Many major analysts troubled usually are termed in exploration the condition of which the way to make a style of eye protection which will provide wearers a particular imaginative and prescient vision in addition to eyes safeguard. Soon after 3 years' working hard, having said that, recommended eyeglasses.Ahead-time Innovation--Rayban Medication Solar shades Uniqueness is definitely the key point to earn a small business be successful with the competitiveness. Cardio, medication solar shades.Ahead-time Innovation--Rayban Pharmaceutical Sunlight New development will be vital point to brew a business enterprise triumph in your competing firms. For,

6/07/2013 11:07:00 AM  

Post a Comment

<< Home