Blog followers may remember I had already posted my opinions about Google Wave. Let’s read now what Borislav Kiprin thinks:
Google Wave – Introduction
When we talk about Internet there is always one company that will be mentioned one way or another in the discussion – Google Inc.
Founded on September 4, 1998 by Sergey Brin and Lawrence Page the company’s service was first and foremost targeting the online search segment. By creating a complex algorithm Google ensured user satisfaction pillaring on the following aspects:
· Simplicity – design that does not make one’s mind busy with something else than getting the stuff that the user is visiting Google Search Engine for
· Relevance – ranking results according to the number of times the search term appears on a page, number of sources linking to that page, trustworthiness etc.
· Added Value Service – Email, News, Coding, Online Advertising etc. (a complete list of Google’s Products)
Nowadays, there are few segments on the Internet that Google has not penetrated and offered a service or a tool. It has grown into such a size and influence that people started comparing it to the ones of Microsoft. But there are few things that are differing the company from Bill Gates’ one.
Its Search Engine amounts to 63% worldwide in 2008 market share. But 99% of Google’s revenue comes from advertising and not only from Google’s AdWords and AdSense, but also from its acquisition of DoubleClick(and Ad Serving company). The latter has turned into quite a buzz and antitrust investigation by US Court of Justice fearing a creation of monopolistic effect favoring Google. Some felt that with the acquisition advertisers will be facing higher prices, users invasion of privacy and website owners lesser revenue. However, both the US Court of Justice and the EU Commission saw none of that threatening the market and allowed the acquisition. Whether their opinion is the correct one, we are yet to see.
But let’s talk a bit more about Google’s Added Value Services and Products! And to do that we should see where the company has put its money:
· Telecommunication & Messaging – GoogleVoice, Gmail, Google Talk
· Software – Google OS, Android (a mobile device OS), Chrome, Picasa, Google Docs and other coding opportunities
· Innovations – Google Labs
· Advertising – AdWords, Adsense and DoubleClick
· Video – YouTube
· Knowledge Base – Google Books & Scholar
· Social - Blogger.com
The list is so extensive that it will be tough on your eyes to lay’em down all and most likely by the time you read this blog entry not so much complete. It seems that Google has some money to spare on achieving goals and is acting very aggressively on the market by purchasing companies with recognized or not so much potential (yet). The big question here, though, is how this will reflect on us as a consumer in the long term. What is the goal in Sergey’s and Larry’s heads?
a. Software wise – At a certain moment of our digital lives, I believe most of us have been complaining about one or other Microsoft’s product. Fast forwarding a few years, I wonder if we are not going to be put in a position where Google with its products will have the same market share that Windows or Microsoft Office Suit has at the moment and force most of us to use them fearing incompatibility with competitor’s products.
b. Information wise – Everyone that has a Gmail account does not have privacy on his/her searches on Google.com anymore. Emails are scanned to deliver tailor-made advertising on the left side of your window or on the top where news feeds are. And besides the Google bot delivers the biggest share of the knowledge base – online published information. The issue here is Google owning both sides of the equation. This is an enormous power source and “Do no evil” will simply not cut it out of peoples mind. After all the company is a business entity with shareholders to satisfy and show/deliver on return of investment.
Google Inc has been on a shopping spree in the past few years. Actually, it was not only the search engine company that was doing so, but also its two biggest competitors in the face of Microsoft and Yahoo.
there seems to be a tough competition all across the board and much of it is not related to the core business of Google, Microsoft and Yahoo… All three companies are trying to evolve and not found themselves behind the competition. But for Google we can recognize four major acquisitions that are proving the company’s determination to stay as the Number 1 search engine and the top online advertising machine:
- YouTube – an online social platform for sharing video content.
- Adscape – an in-game advertising company
- FeedBurner – a customizable web feed management platform
- DoubleClick – an internet ad serving company
This can only make me think that Google is focusing on its Web 3.0 future – the user generated content and customization, where the social effect and personal exhibitionism will be the ruling factors. The only thing missing from that table is a well behaving and progressing social network like Facebook (Microsoft already invested $240 million there securing a 1.6% stake in the company). Of course, Google has Orkut but it failed to hit the jackpot with it and now it is mostly used in South America and particularly Brazil.
Few weeks back, though, two long waited events concerning Google became a reality – the release of Bing and the collaboration pact between Microsoft and Yahoo:
- Bing is a rebranded and a new approach to search offered by Microsoft. It is still on the launch stage and introduction to the user base, but it is gaining fast a market share. However, this is cutting more of the Yahoo searches than of the Google ones.
- Microsoft ‘s and Yahoo’s signed an agreement on combined internet search that will equal to 28% (Bing + Yahoo searches) of the searches in the US. Almost immediately after that, Google has announced a new beta version of its search engine , improving the indexing speed, accuracy, size and comprehensiveness.
So I guess, we can say that we are living in exciting times not only as search engine users, but also as digital advertisers, website owners and fans of the internet medium…
Google Wave – The Application
What is Google Wave? – Communication, Collaboration and Sharing tool (pictures, videos, links, thought etc.).
Up till now, the user had an email client, a social network to share his/her thoughts, an instant messenger to talk to friends and peers, a photo bank to share photos… Virtually, there is a tool to satisfy almost every need of the individual to interact and share stuff with others. But with Google Wave and its launch later this year that landscape will be changed forever.
The marvelous thing about Google wave is the open source code that will allow the long tail usage of this medium. Since the online user is getting more and more demanding this customization will assure the acceptance of this new tool.
- Wikis
- Drag-and-Drop sharing
- Applications and Extensions
- Language spell checker in 40 languages
Another great point here is the fact that interaction is held in real time – users can reply anywhere in the message, edit the content and add participants at any point in the process. And if two or more users are online within the discussion in the same time, they can talk to each other again in real time.
But then the killer here is the fact that Google Wave can be implemented in third party websites – personal and organizational. So this tool will allow real-time follow up and relationship management. One can embed it in his/her website/blog or another CRM system.
From a personal point of view, the Google Wave will allow the user to collect all the online conversations he/she participates in or would like to follow in one place. This is a time saving feature I am sure many will be appreciating.
Now, all is asked from us to be patient enough to wait for this tool to be released later in 2009.
Here is some background reading, should of course you being interested to follow:
http://en.wikipedia.org/wiki/Google_Wave
http://mashable.com/2009/05/28/google-wave-guide/
http://mashable.com/2009/07/21/google-wave-invites/
Google Wave – Application for Marketers
This Google Inc. tool might mean quite a lot to the digital marketer. With it the following are becoming easy to implement:
- eResearch – focus groups and panels
- CRM – data collection, customer satisfaction management, real time Q&A
- Branding & Brand Management – presence, new product awareness
- Event Management & PR
Google wave seems to be a tool that everyone was waiting for without even knowing it, especially SMEs. This application will allow the smaller players in the advertising market to reach potential customers and maintain conversation with current client base relatively effortless in a much more optimized way. They just have to tune to the customer’s wave…
… And something a bit off this posts topic – an interview conducted by TechCrunch’s team with the participation of the Google Wave creators:
http://www.youtube.com/watch?v=55JA6_mm-jE&feature=player_embedded
Link source: http://www.techcrunch.com/2009/05/28/exclusive-video-interview-with-the-google-wave-founders/
Good job, Bobby! Any further comments, my friends?
Best
Manuel A. Alonso Coto






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