Open is the Only Way to Go
Thursday, October 18th, 2007
Of all the change Web 2.0 has created, the biggest impact to business has been the open developer model. Apple just announced it will release a software developer kit (SDK) in a few months for the iPhone (WSJ article), a famously closed platform. And MySpace just announced (Reuter article) it will broaden its third party software model to include an SDK anyone can use (not just a select few key developers chosen by MySpace management).
Facebook has proven the market wants open platforms. Its growth from 28M visitors in May when it first offered its developer kit to 47M today — just 5 months later is astounding. Over 6000 applications have been developed for the Facebook platform in that short time.
The model for third-party developed applications has been around for a long, long time. What makes it so powerful now? Wikis, social sites, blogs, and podcasts have made for a Web where anyone can share their ideas and work or collaborate with like minded people anywhere in the world. It fosters an environment of creativity around products and platforms people like.
Where 10 years ago a company might spend 5 years or more building up a developer base of just 1000-2000 applications, today triple the number of apps can be developed in just 5 months. If you don’t play in the open arena, you’re going to get left behind.
For a deeper look at building an open model into your company read Henry Chesbrough’s Open Business Models: How to Thrive in the New Innovation Landscape. Show me more »
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