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It is safe to say that Google's greatest advantage right now is not its
technology but the explosive brand name it owns. Internet brands have a volatile
nature, with many of them becoming extinct after a couple of years after failing
to meet expectations (AOL is a prime example of a multimedia company gone
(almost bust) losing out to DSL, Cable, and the host of Internet options
available.) Right when Google is starting to slow down and appear to become
susceptable to a sound beating by other brands, they turn an about face and use
their search as a profitable means.
The biggest competitor Google might be facing today is Microsoft. They've come
up with their own version of "web crawler", which was noticed online last April.
MSN decided to dive headfirst into the search business a while ago but has been
hesitant to throw their MSN Search feature up-a-notch into the spotlight. Their
managers claim that their engineers find the search engine computer algorithms
as extremely hard to conquer. Don't count Microsoft out though - they have been
entering profitable markets for quite some time now. Microsoft have beaten the
likes of Netscape, Apple, and IBM. A Microsoft equipped with a powerful search
engine on MSN and Longhorn, their new operating system - will send a shockwave
through the industry and force competitors to take a step back.
An interesting tidbit is that Google has competitors that aren't even search
engines. One of Google's most vicious competitors is Amazon.com, the world's
largest online bookstore. In October, Amazon came up with a service called
Search Inside the Book which let customers sift through a couple of their books
pages before purchasing. To complete this project, Amazon had to scan every page
of more than 120,000 books into a huge database, which lets customers read the
first few pages contents to get a gist of the book. This is an entirely new kind
of information gathering over the Internet, comparable to an encyclopedia form
that is unmatches. Joel Mokyl, a professor at Northwestern University of
economics, said people could be in remote places of the world and still have
access to this load of information! What a democracy, to say the least.
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