News & Information for Technology Purchasers NewsFactor Sites:     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
This ad will display for the next 20 seconds. Please click for more information, or scroll down to pass the ad, or Close Ad.
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
Vblock™ Systems:
Advanced converged infrastructure
increases productivity & lowers costs.
World Wide Web
Tame your scariest paperwork. Find Out How
Average Rating:
Rate this article:  
Facebook Turns 10, in Competitors
Facebook Turns 10, in Competitors' Crosshairs

By Seth Fitzgerald
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.

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


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.

 World Wide Web
1.   FCC Defends Internet Traffic Proposal
2.   Google Maps, Now with Time Travel
3.   NYPD Twitter Campaign Backfires
4.   Net Gets Faster, But Easier to Attack
5.   Verizon Report Exposes Cyberthreats

Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Tech Giants Fund Initiative To Prevent Future Heartbleeds
Can more funding prevent Heartbleed vulnerabilities in future open-source software? A new Core Infrastructure Initiative at the Linux Foundation is attempting to find out.
What Verizon's Data Breach Report Can Teach Enterprises
It’s probably not a jaw-dropper, but cyberespionage is officially on the rise. And the use of stolen or misused credentials is still the leading way the bad guys gain access to corporate information.
Top Cyberthreats Exposed by Verizon Report
Beyond Heartbleed, there are cyberthreats vying to take down enterprise networks, corrupt smartphones, and wreak havoc on businesses. Verizon is exposing these threats in a new report.

NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | Small Business | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters | XML/RSS Feed

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

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