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Evolution of Internet and Innovation of Third Party Apps |
It was in the early 1950's when the internet was initially conceived parallel
of development of electronic computers.
It was first tested by the U.S Department of Defense followed by Professor
Leonard Klein rock at the University of California in 1969 when he sent a
message through ARPANET.
The concept was then tested in other parts of the United States regarding
extensive area networking that connected several computers to one connection.
The concept testing was then followed in the United Kingdom and France by the
end of 1970.
The success of ARPANET project led to the start of revolution called the
Internet.
The evolving nature of internet led to many opportunities that changed the human
behavior, business conception, and most importantly brought the whole world
together as one economy.
The internet led to the first search engine in 1990 by Archie which helped
people to gain knowledge/ search on anything and everything just by having
access to the internet.
And by 1993, there were more than 200 sites that were listed on the internet.
In the early 2000's, there was a sudden surge in the use of Internet across
United States of America and few dozen countries of Europe. The rise in the west
led to gain interest among few Asian countries in the mid-2006-07.
The surge brought a lot of competition within companies providing a search
engine that would accumulate all of the listed sites on the internet.
The real competition began in 2008, and almost 90% of the companies providing
search engine were closed, and the race only existed between Bing, Yahoo, Google
and Ask.
This competition led to many more innovations in the field of the internet such
as an Upbringing of Social Media platforms from 2005-06 which would purely
define the existence of the internet, i.e., to connect with people from all over
the world, talk with each other and perform other social life-based actions.
Once Google had dominated search engine market, the flexibility of internet led
to people doing online shopping/trading, reading the news over the internet,
sharing their stories/views/opinion through blog posts.
It motivated more and more businesses to go online and expand into the global
market without much of investment.
Well, this can genuinely be said Globalisation - Part Two.
And Both The Parts put together meant that any business can go global without
much effort.
One thing that caught an eye of the world was the feature to shop from stores
across the globe.
The number of business listed on the internet by the year end of 2010 went to
millions in name, and also, the number of users accessing the internet increased
in the fold of 75%.
Businesses such as Amazon, eBay, Uber and many others started to boom.This
feature of the internet and evolution of Flipkart and Facebook led to the surge
in the use of the Internet in India.
From 2007-2012, there was an increase of about 10 million accessing the internet
in India. Flipkart after Facebook was the revolution in Online Business in
India.
Within a couple of years of Flipkart's inception, there were already hundreds of
business listed online.
The Boom and Effect of Flipkart respectively gave growth opportunities to Cloud
Server Management Companies which helped people to get their business's websites
and apps developed, Deals/Coupons Market Place for Indian customers to choose
from hundreds of companies online with varieties and amazing discounts,
IT/Software products, etc.
Seeing the Boom of Flipkart, it led to Amazon and other international online
entered into the market. The ever growing e-commerce market led to increase in
competition and market size of deals and coupons marketplace parallel. In
today’s scenario, there are more than 75 companies and market capital of more
than 300 cr.
A special mention to the upcoming market of Coupons and CashBack, the founder of
DealsShutter Tarundeep Singh says that 'Majority of the Indian community still
consist of Middle-Class Income Level, and they are actively looking to save some
money while shopping either Offline and Online. So,
Dealsshutter
associated with various offline and online stores to offer cashback/discount
coupons for people to shop at their favorite stores'.
The Mindset of giving varieties of options that were available with amazing
discounts and deals helped Indian customer to use the e-commerce marketplace to
buy more products.
Final Words-
Development of Internet has been the epitome of Globalization. As we have read
in the article that it has led to many third party innovations, there is no
better innovation than e-commerce and seach engine. We have also mentioned deals
and coupons marketplace.
TAGS:
ARPANET,
internet evolution,