Web 2.0 allows for greater collaboration and sharing of information online compared to earlier versions of the web. It emerged in response to more interactive websites and user-generated content following the dot-com bubble. Examples include social media sites that help build business relationships worldwide and file sharing services that distribute files using users' bandwidth. Research found that over two-thirds of companies benefit from Web 2.0 through more innovative products and services, better marketing and access to knowledge, lower costs, and higher revenues.

1. Web 2.0 What is it and how does it affect business 1 Description 2 Emergence 3 Difference between Web 1 and Web 2 and examples 4 Impact on business 5 Business examples 6 Research result on Web 2.0 7 Conclusion

2. Description Web 2.0 describes a second generation of world wide web that is focused on the ability for people to collaborate and share information online

6. Business examples BitTorrent ·Every client is also a server files are broken up into fragments that can be served from multiple locations, transparently harnessing the network of downloaders to provide both bandwidth and data to other users. The more popular the file, the faster it can be served, as there are more users providing bandwidth and fragments of the complete file. Jim Petrassi CSC Global Business Solutions NA