« "Software für die amerikanische Börse" | Hauptseite | Suchmaschinen: Next Generation »

01.06.2007

Parallelen der Wall Street & Web 2.0

Im Beitrag "Finanzer & Wissensmanagement & Web 2.0" haben wir die Thematik schon einmal angesprochen. Einen interessanten Ansatz bietet Jimmy Gutermann im O'Reilly radar. Im Posting "Release 2.0.2: Web 2.0 Meets Wall Street" schreibt er über Parallelen von Web 2.0-Anwendungen und der Wall Street (als Symbol für die Finanzindustrie).

1. Latency
If, as some suggest, the latency of financial transactions is moving from milliseconds to nanoseconds, approaching zero, the business benefits of even incremental speed increases can be considerable. That’s why Automated Trading Desk moved equipment from South Carolina to New York: Gaining the handful of extra milliseconds made business sense. It’s all about speed. But speed doesn't necessarily make you smarter. As Warburg Pincus senior advisor (and O'Reilly board member) Bill Janeway puts it, “It’s cheaper, faster, and easier to buy the wrong stock.” Similarly, for many years the canonical Google front page was as bare as possible: a lighter page meant a faster load meant more reliable customers.

2. Connectivity
Connectivity is the liquidity of Web 2.0. Liquidity gives financial markets the lubrication to move; connectivity gives Web 2.0 an opportunity to exist. Your fastest, most efficient application won’t accomplish much if it can’t connect to the Net. No wonder so much effort is being put into Web 2.0 applications that can work offline -- it would change our definition of how we can do business in Web 2.0. Another way connectivity is like liquidity: The more desperately we need it, the less available it is.

3. Sensors and actuators
We all have access to the pretty much the same sensors. As Peter Bloom of General Atlantic notes, the trick is to extract the relevant signal from the avalanche of noise. It’s identifying the actuators and putting them to work in a timely manner that helps define business winners. We acknowledge that almost everything we need to know is in the cloud; the trick is to know where to look and how to act.

4. Reputation
Once upon a time, a stockbroker performed an almost curatorial role. He (it was usually a he) had access to the proprietary data and decided how best to distribute it. Now, with reputational systems ranging from eBay to SwiftTrade rating us in sundry parts of our business lives, we don’t have to believe someone has all the information. We have evidence. With this information, each stop in a transaction, whether in financial or Web 2.0 markets, can become a new point of innovation.

Verfasst von Hans Fischer um 01.06.07 13:25