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Topic : 2010 Web Predictions
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Will social media reach its potential?

Created by : Archana Singh, Relationship Executive, ICICI Bank  | 11 10 2009 14:01:42 +0000
Industry : InternetFunctional Area : Growth(Strategy & Execution)
Keywords : social media web potential
Activity:  312 views;  last activity : 07 06 2010 20:18:09 +0000

Social media is media designed to be disseminated through social interaction, created using highly accessible and scalable publishing techniques. Social media supports the human need for social interaction, using Internet- and web-based technologies to transform broadcast media monologues (one to many) into social media dialogues (many to many). It supports the democratization of knowledge and information, transforming people from content consumers into content producers.

When social medias carry on to magnetize people on to it, can they capture the future with grabbing more market? Do you think social medias can reach its potential?

  
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I think social media will reach its potential in near future. With people attached to their friends and relations, there had been no better ways of interactiveness. With orkut, facebook, twitter, my space and digg gaining more attention, social medias has greatly evoked the minds of  the people.
By Archana Singh, Relationship Executive, ICICI Bank  11 10 2009 14:01:42 +0000
 
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Several challenges are faced by existing social media. I think new implementations and concepts of "social" media are going to evolve in the next few years... wait and watch.
By Siddharth Sarawgi, CEO/MD/Director, Innoversant Solutions Pvt. Ltd.  | 11 17 2009 13:30:15 +0000
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I think social medias cannot reach heights because the rural areas are not aware of the internet. By the time they are alerted about these social medias, new technologies and happenings may come into existence.
By Radhakrishna Marar, Business Analyst, Oracle  | 11 10 2009 14:12:46 +0000
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