Semantic Technology Blog: Linked Open Data : Can we learn anything from failure of many B2B Exchanges?.

“You can’t stop an idea whose time has come!”Linked data seems to be that idea in the grand vision ofSemantic Web! The growth of Linked data cloud always reminds you that we are in exponential times! The Semantic technology community, including me, believes that Linked Data is the best thing happened to the Semantic Web vision.It makes sense and it is the next step for web and can also contribute significantly, if done right,to the evolution of this civilization. The possibilities are endless! We also have one of the best brains behind this initiative.

Whenever I hearMetcalfe’s law (byBob Metcalfe) , in context of Linked data, which states that “the value of the network is proportional to the square of the connected users of the system” then it always reminds me of those early B2B days during late 90s when the world was about to change. Metcalfe law was very popular during those times also! B2B exchanges were considered the pillars of the new economy and their valuations made us lose our sleep. It seemed to all of us that everything was going to be re-defined and we wanted to be part of it. Well, it didn’t happen exactly as we were led to believe! Despite the differences between B2B and Linkedata like one is trasactional and other is knowledge oriented, privately owned vs free, different technologies, different era etc., there are some similarities in both of them. Lets do some introspection so that we don’t repeat some of those mistakes!

Continues @http://priyankmohan.blogspot.com