IBM Executive Declares Web 2.0 Technology to Drive New Business Applications

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In a keynote speech to leading technology executives, Rod Smith, IBM’s vice president of emerging Internet technologies, declared that the technologies underpinning blogs, wikis and innovative sites like Google Maps and Wikipedia on the Web will transform the way productivity applications are developed — in some cases in as little as five minutes — using the ever-expanding palette of Web 2.0 components available for free on the Internet.