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The formation of the Open Web Foundation (OWF) was announced on July 24, 2008 at the OSCON 2008 Conference. OWF is "applying the open source model of seeing a common pain point and trying to patch the system by creating an 'organizational library' that makes it easier to go through a collaborative specification process and come out of it with clean IPR, leading to faster implementation and adoption.

According to the OWF web site: "The Open Web Foundation is an independent non-profit dedicated to the development and protection of open, non-proprietary specifications for web technologies. It is an attempt to create a home for community-driven specifications. Following the open source model similar to the Apache Software Foundation, the foundation is aimed at building a lightweight framework to help communities deal with the legal requirements necessary to create successful and widely adopted specification. The foundation is trying to break the trend of creating separate foundations for each specification, coming out of the realization that we could come together and generalize our efforts... The Open Web Foundation is made up of individuals who believe that the open web is built on technologies that are created in the open by a diversity of contributors, and which free to be used and improved upon without restriction."

The good folks over at the Gartner Group have revealed the top 10 technologies that they believe will change the world over the next four years:Multicore and hybrid processorsVirtualization and fabric computingSocial networks and social softwareCloud computing and cloud/Web platformsWeb mashupsUser InterfaceUbiquitous computingContextual computingAugmented realitySemantics

As innovation in the consumer space spills over into the enterprise, IBM believes its social software suite that includes blogs and social networks for business will give users the collaboration features they want while giving IT the ability to hook it into existing systems.

Lotus Connections represents IBM's response to a Web 2.0 world.

While analysts say the social software in SharePoint lacks the functionality and usability of competitor products, its tight integration with existing Microsoft systems such as Exchange and Office makes it an attractive buy for IT departments looking to capitalize on the Web 2.0 movement while still utilizing the technology tools they already have inside their companies.

For its part, Microsoft boasts a staggering rate of adoption for SharePoint. According to Rob Curry, director of SharePoint, Microsoft has sold around 100 million licenses of the product

The Open Government Data Initiative (OGDI) is an initiative led by Microsoft Public Sector Developer Evangelism team. OGDI uses the Azure Services Platform to make it easier to publish and use a wide variety of public data from government agencies. OGDI is also a free, open source ‘starter kit’ (coming soon) with code that can be used to publish data on the Internet in a Web-friendly format with easy-to-use, open API's. OGDI-based web API’s can be accessed from a variety of client technologies such as Silverlight, Flash, JavaScript, PHP, Python, Ruby, mapping web sites, etc. Whether you are a business wishing to use government data, a government developer, or a ‘citizen developer’, these open API's will enable you to build innovative applications, visualizations and mash-ups that empower people through access to government information. This site is built using the OGDI starter kit software assets and provides interactive access to some publicly-available data sets along with sample code and resources for writing applications using the OGDI API's.