CIO Today

CIO Today Network Sites:   Top Tech News  |   CIO Today   |   Mobile Tech Today   |   Data Storage Today
Daily Briefing for Technology's Top Decision-Makers
Friday, April 18th 
The future of tape is here.
This ad will display for the next 20 seconds. Please click for more information, or scroll down to pass the ad, or Close Ad.
Trending Topics:   Security Heartbleed Big Data Cloud Computing Windows XP Data Centers OS X Mavericks
Home
Enterprise Software
Enterprise Hardware
Big Data
Network Security
Cloud Computing
CRM Systems
Data Storage
Operating Systems
Communications
CIO Issues
Mobile Tech
Chips & Processors
World Wide Web
Business Briefing
After Hours
Press Releases
 
Free Newsletters
Top CIO News
 
Mobile Tech Today
 

Tech Trends

Facebook Turns 10, in Competitors' Crosshairs

Facebook Turns 10, in Competitors
February 3, 2014 1:04PM

Bookmark and Share
It's difficult to predict what will happen in the coming years but partnerships and adaptations will be crucial for Facebook's survival. If Facebook is going to be a long-term player, it must change or partner. Facebook must change with the market and be a very different company every few years and still be attractive to users, said analyst Jeff Kagan.

APC has an established a reputation for solid products that virtually pay for themselves upon installation. Who has time to spend worrying about system downtime? APC makes it easy for you to focus on business growth instead of business downtime with reliable data center systems and IT solutions. Learn more here.

In just 10 years, Facebook has gone from a site intended for college students to a service with 1.23 billion users and hundreds of millions of people who visit it every day. Now, social networks are popping up on a consistent basis and some of them, like Twitter and Google+, pose a greater threat to Facebook than ever before.

Now that it has become such a major part of our lives, it is hard to imagine that Facebook was not around 10 years ago. While there were social network prior to Facebook, it was the first one to change the way that people of all ages connect with their friends and family. Throughout the past decade, Facebook has become a tool for revolutions and it has brought aboard the majority of people with Internet access

Slowing Down

As of 2012, there were only 2.4 billion people in the world who had access to the Internet. Taking this into account, it is not possible for Facebook to continue growing at the same rate as it used to and in that respect, a recent study put out by Princeton University researchers may be correct. In a paper, the researchers suggested that Facebook would lose 80 percent of its users by 2017 and they came to this conclusion by using the same models as those meant for the spread of viruses.

The researchers argued that with fewer people for Facebook to "infect" it will become harder for the social network to increase its total amount of users. There are countless errors in the paper, many of which have been pointed out since it was published, but the idea that Facebook's growth will slow down does appear to be true.

We asked Jeff Kagan, an independent industry analyst, for his opinion on Facebook and its future. He told us that it is difficult to predict what will happen in the coming years but that partnerships and adaptations will be crucial for Facebook's survival.

"If Facebook is going to be a long-term player, they must change or partner," Kagan said. "They must change with the market and be a very different company every few years and still be attractive to users."

Importance Of Mobile

In every key market around the world, smartphone usage has been steadily increasing at the same time as desktop usage has decreased. For the past few years, this has posed a problem for Facebook. Although it is still struggling to find the best mobile monetization strategy, a large portion of its revenue is now coming from tablets and smartphones.

In 2012, the majority of its revenue was still coming from desktop ads but that changed during 2013. When Facebook reported on its financials last month, it announced that 53 percent of the network's $2.34 billion Q4 revenue came from mobile devices. This improvement not only shows that mobile is crucial to Facebook's success but that mobile optimization can lead to significant increases in revenue.

Tell Us What You Think
Comment:

Name:



 Tech Trends
1. Poll: A Mix of Feelings on Future Tech
2. 'Like' Cheerios, Give Up Right To Sue
3. Google Earnings, Sales Disappoint
4. Review: Windows Embraces the Past
5. Intel Reports Lower 1Q Net Income


Have an informed opinion on this story?
Send a Letter to the Editor.
We want to know what you think.
Send us your Feedback.

 Related Topics  Latest News & Special Reports

  Poll: A Mix of Feelings on Future Tech
  Google, Rockstar Suit Stays in Calif.
  Michaels: Nearly 3M Cards Breached
  'Like' Cheerios, Give Up Right To Sue
  Heartbleed Could Cost Millions

 Technology Marketplace

Business Intelligence
Get real-time, cloud-based information services with Neustar.
 
Cloud Computing
BMC's I.T. solutions unleash the power of your business
Next Generation Data Center Is Here! Vblock™ Systems from VCE
 
Contact Centers
HP delivers the future of the contact center with HP Qfiniti 10.
 
Data Storage
Next Generation Data Center Is Here! Vblock™ Systems from VCE
Barium Ferrite (BaFe) is the future of tape.
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
 
Enterprise Hardware
Barium Ferrite (BaFe) is the future of tape.
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
 
Enterprise I.T.
BMC's I.T. solutions unleash the power of your business
 
Hardware
Protect your network with APC Smart-UPS battery backup
 
Network Security
Protect your network with APC Smart-UPS battery backup
 

Network Security Spotlight
Michaels Says Nearly 3M Credit, Debit Cards Breached
Arts and crafts retail giant Michaels Stores has confirmed that a data breach at its POS terminals from May 2013 to Jan. 2014 may have exposed nearly 3 million customer credit and debit cards.
 
Heartbleed Could Cost Millions, Could Have Been Prevented
Early estimates of Heartbleed’s cost to enterprises are running in the millions. The reason: revoking all the SSL certificates the bug leaked will come at a very hefty price.
 
Google's Street View Software Unravels CAPTCHAs
The latest software Google uses for its Street View cars to read street numbers in images for Google Maps works so well that it also solves CAPTCHAs, those puzzles designed to defeat bots.
 

Enterprise Hardware Spotlight
Vaio Fit 11A Battery Danger Forces Recall by Sony
Using a Sony Vaio Fit 11A laptop? It's time to send it back to Sony. In fact, Sony is encouraging people to stop using the laptop after several reports of its Panasonic battery overheating.
 
Continued Drop in Global PC Shipments Slows
Worldwide shipments of PCs fell during the first three months of the year, but the global slump in PC demand may be easing, with a considerable slowdown from last year's drops.
 
Google Glass Finds a Home in Medical Education, Practice
Google Glass may find its first markets in verticals in which hands-free access to data is a boon. Medicine is among the most prominent of those, as seen in a number of Glass experiments under way.
 

Mobile Technology Spotlight
Google Releases Chrome Remote Desktop App for Android
You're out on a sales call, and use your Android mobile device to grab a file you have back at the office on your desktop. That's a bit easier now with Google's Chrome Remote Desktop app for Android.
 
Amazon 3D Smartphone Pics Leaked
E-commerce giant Amazon is reportedly set to launch a smartphone after years of development. Photos of the phone, which may feature a unique 3D interface, were leaked by tech pub BGR.
 
Zebra Tech Buys Motorola Enterprise for $3.45B
Weeks after Lenovo bought Motorola Mobility’s assets from Google for $2.91 billion, Zebra Technologies is throwing down $3.45 billion for Motorola’s Enterprise business in an all-cash deal.
 

Navigation
CIO Today
Home/Top News | Enterprise Software | Enterprise Hardware | Big Data | Network Security | Cloud Computing | CRM Systems
Data Storage | Operating Systems | Communications | CIO Issues | Mobile Tech | Chips & Processors | World Wide Web
Business Briefing | After Hours | Press Releases
Also visit these Enterprise Technology Sites
Top Tech News | CIO Today | Mobile Tech Today | Data Storage Today

Services:
FreeNewsFeed | Free Newsletters | XML/RSS Feed

About CIO Today Network | How To Contact Us | Article Reprints | Services for PR Pros (In partnership with NewsFactor) | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 CIO Today. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.