Web 2.0 Essay Example | Topics and Well Written Essays - 250 words

Web 2.0 - Essay Example Another advantage is low cost of communication across the world. A major disadvantage is over dependence on the internet which is not available all the time. It can also lead to loss of crucial data incase the computer crashes (University of Phoenix, 2011). Key impact of web 2.0 on business is that it is a marketing tool that is cheaper compared to convectional ways of marketing thus low operational cost and increase in revenue. It provides a platform where the organization interacts with their clients, prospects, service providers and suppliers. Based on the increased use of web 2.0, firms are able to create strong connection with various stakeholders regardless of their destinations. In this way, companies can regularly update all the parties concerned on the progress of their investment. As a result, the technology has led to expansion of companies globally as well as enhancement of stakeholders trust and loyalty towards their companies. University of Phoenix. (2011). Wireless infrastructure: Can our current system handle bandwidth demands? Retrieved from