Skype - Essay Example right blend of a sound business vision and an exclusive access to the relevant technologies will dominate the economies in the times to come (Amor 2008: p.4). Since, in today’s info savvy world, every financial venture has a technological aspect associated with it, therefore the converse is also true. That is, every innovative technology has a commercial value associated with it, the right and timely exploitation of which can work wonders for a business. Skype is one such e-business that is based on the exploitation of the synergies existing between business and technology. Skype was founded by Niklas Zennstrom and Janus Friis in the year 2003 (Skype 2009). The ingenuity of Skype lied in inventing software that enabled its customers to make telephone calls via internet, anywhere in the world by paying a reasonable fee. Besides this, Skype offered additional features as file transfer, instant messaging and video conferencing.

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