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Full Version: Web 2.0 focuses on the fundamental shift in how businesses are delivering value
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Quote:Web 2.0 focuses on the fundamental shift in how businesses are delivering value. Third parties are empowered, and consumers can become content producers or repurposers of content in new and fascinating ways...

Web 2.0 is about harnessing collective intelligence and eliminating the software release cycle -- it's about providing services, not products. It's about trusting users as co-developers of content or even of technology. As an example, Amazon.com does this with its user review system...

Web 2.0 includes a social dimension, greater openness and transparency in process. It includes the use of new technologies such as really simple syndication (RSS), Web service definition language (WSDL) and extensible markup language (XML)...

full article: http://www.technewsworld.com/story/53258.html