Value have been first in the hardware as a first stage, in a second it has been within software and it seems “The age of data is upon us” declared Redmonk’s Stephen O’Grady at the Open Source Business Conference.
On a great articles available here which summarize O’Grady’s words: http://www.ecommercetimes.com/story/72471.html
Mainly it summarize the timefline as follow:
- The first stage, epitomized by IBM, held that the money was in the hardware and software was just an adjunct.
- Stage two, fired off by Microsoft, contended the money is in the software.
- Google epitomizes the third stage, where the money is not in the software, but software is a differentiator. “Google came up at a time when a lot of folks were building the Internet on the backs of some very expensive hardware and software. Google uses commodity hardware, free — meaning no-cost — software, and focuses on what it can do better than its competitors with that software.”
Wondering what could be the the fourth stage ? It might be Facebook and Twitter. “Now, software is not even differentiating; it’s the value of the data. Facebook and Twitter monetize their data in different ways.”
Symantec (a computer security company) announced few days ago finding a potentially huge breach, from a faulty API used by developers of Facebook applications. It caused “hundreds of thousands” of Facebook applications to accidentally expose the so-called access tokens that are granted by users to Facebook applications. “Each token or ‘spare key’ is associated with a select set of permissions, like reading your wall, accessing your friend’s profile, posting to your wall, etc.,” the researchers said.
The controversy is open as Facebook denies privacy breach allegations by Symantec.“No personal data could have been passed to third parties”, the company says. The company which recently admitted 7.5 Million users are kids.
But while denying Facebook has now fixed the problem, but it could still be a big problem for users, according to Symantec. That’s because these tokens may still be in circulation, stored in server log files or in other places on the Web. One of these access tokens will keep working until the Facebook user changes his password, so Symantec said that concerned users should change their Facebook passwords, like “changing the lock” on their Facebook account.
Symantec announce and issue details available here
Quick reminder that predictability is more important to scalability than performance.
Facebook as recently explained their strategy in this matter, and gave a very interesting MySQL Tech Talk .