Social Bookmarking has been a byword in the Internet realm today, and is the term referred for the way internet users store, classify, share and search Internet bookmarks.
In a social bookmarking network, users catalogue and store lists of Internet resources that they find useful. These lists can be made accessible to the public by users of a specific network or website and other web users with the same interests can view the links by topic, category, tags, or randomly. Some however, allow for privacy or on a per-bookmark basis.
Users can also categorize their resources by utilizing informally assigned, user-defined keywords or tags. Most social bookmarking networks, like wirefan.com and conbuzz.com, allow users to search for bookmarks which are assigned with given "tags", and the resources are ranked by the number of users which have already bookmarked them.
Many social bookmarking services also have implemented algorithms to draw connections from the tag keywords that are assigned to resources by analyzing the clustering of particular keywords, and the relation of those keywords to one another. Aside from allowing only web page bookmarks, services specialized to a specific subject or format, such as feeds, books, videos, music, fashion apparel, cosmetics, cameras, etc could also be found.
In addition, there's an interesting sidebit to the information or bookmarking business, which is business Information, and most of it lies hidden away without too much scrutiny since the tedious nature of business transaction and information processing would mean that it won't interest too many people either. You may call it boring, but on the other hand, if you look at the bigwigs in the technology industry,a large part of their business comes from other businesses.
So, lastly, is there a definite analogy to social bookmarking that makes sense for businesses?. There definitely is. The key to social bookmarking is that it effectively harnesses the conventional wisdom of customers to bring order and organization to the problems of overwhelming content.
The same technique solves a key problem for businesses; how do they implement knowledge management, by helping contribute key insights and knowledge across the organization? Most large organizations have very diverse amounts of expertise on hand, however these remain underutilized because no one knows that it is available. However, unlike personal or entertainment oriented data, business content is often confidential or proprietary, and so there is a need for appropriate protection measures, i.e copyright, patent issues.
Conbuzz - http://conbuzz.com - Business Bookmarking
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