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Facebook Platform: The Dawn of Social Computing

Published by: Generator Research Limited

Published: Oct. 19, 2007 - 25 Pages


Table of Contents


FACEBOOK PLATFORM

Application Programming Interface (API)

Mass Distribution Function

Conventional Viral Distribution Process

Viral Distribution within the Facebook Platform

Key Point: Opportunity

Monetisation Environment

LIMITATIONS

Proprietary

Current Reality: Incompatible Platforms

Market Requirement: Platform Independence

Platform Licensing

Current Reality: Facebook Platform not Licensable

Market Requirement: Licensable Platform

Weak on Social Data

Market Dynamics

New Growth: Emerging Social Networking Markets

Limits to Growth: Facebook

Saturation of the Application Market: User Overload

New Distribution Channel, but Limitations

TOWARDS A COMMON PLATFORM

Market Demand

Analogy: Desktop Operating Systems

Need for a Common Platform

Competing with Partners: Application Developers

Market Development

Market Expansion: New Sites, New Services and New Applications

Inter-graph Features

MARKET IMPLICATIONS

We Design vs. You Design

Portal Model

Extension to P2P

Media Distribution

Mobile

Facebook: The New Bowser?

Abstract

The first part of this report explains what Facebook Platform is and what it offers to developers, service providers and brands. Particular attention is paid to the platform’s role as a new, super-efficient distribution channel for digital content and services.

The report then explains how Facebook has managed to greatly improve the efficiency of a conventional viral distribution process throughout a social graph by cleverly embedding several ‘viral booster’ mechanisms deep inside the user experience. The report then explains why and how others can benefit from this effect by re-engineering their own social graphs.

The report next identifies four major limitations of Facebook Platform by analysing the gap between what the platform currently offers and market demand that will increasingly come from developers, niche social networking sites, internet websites that include social networking features and others whose businesses are based on social graphs.

Next, the report explains why and how this demand would be best fulfilled by a new platform for ‘social computing’ that worked across multiple social networking platforms, like those offered by Facebook and MySpace, and different types of social data. The report explains why Facebook and MySpace are unlikely to be able to perform this role themselves.

The report concludes by examining some of the implications of an open social computing platform by considering:
  • The role of service innovation within a service provider;
  • The resilience of the internet portal model;
  • The emergence of P2P-based social graphs;
  • Impact on the distribution of digital content;
  • Mobile service development and mobile operator portals;
  • Facebook’s emergence as a replacement for the web browser.


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