| Metcalfe's Law |
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Information AboutMetcalfe's Law |
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Metcalfe's law states that the value of a Telecommunications Network is proportional to the square of the number of users
The law has often been illustrated using the example of Fax machines: A single fax machine is useless, but the value of every fax machine increases with the total number of fax machines in the network, because the total number of people with whom each user may send and receive documents increases. APPLICATIONS OF METCALFE'S LAW Metcalfe's Law can be applied to more than just telecommunications devices. Metcalfe's Law can be applied to almost any computer systems that exchange data. Examples of applications include:
Metcalfe's Law frequently predicts whether a single vendor or interface standard will tend to dominate a marketplace. This has implications for whether an innovative solution can enter a marketplace that requires different interfaces. The same law can be applied to other technological systems, such as personal genome sequencing. As more human genomes are sequenced and tied to personal health information in an interconnected system, the value of the information that a personal genome can contribute to personal health grows. SEE ALSO
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