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Is value in the Data?

Started by julien51 · 10 months ago

O’Reilly made it clear when he “invented” the concept of Web 2.0 : he thought that the value was in the data collected by website and web-services. There is not a single day where I can’t see Data-Portability within my twitter fee ... Continue reading »

4 comments

  • I wanted to build something to scan all Groceries receipts, recognize places, products and prices and build a website to see where and when it was the cheapest. I should go back to that idea then? In 2 years maybe...
  • I think your demonstration is just another way to explain how important the data is. Without this personal or collective data, there wouldn't be services such as Notifixio.us. Remove the data from the service and the whole intelligence you put in there becomes worthless.
    For me, data portability is a way to share information between services, make it more volatile, more useful, therefore more accessible. And this is thanks to this available data that new services will rise and adds more value.
  • @Yann : gathering the data is good, but it's worthless if you're not using it to find out interesting things... ;-)

    @Stef : Sure, data is important, but DataPortability brings the posibility to exploit it anywhere, so Data is not anymore a barrier to entry/competitive advantage... It's not anymore the amount of data you gather that counts, but what you make with it!
  • Ok with the fact that it's what you do with the data that matters. Look at Wikio. Pretty smart : they take data from others, repackage it, add value and create revenue from it.

    Apart from data, the value is also in the users and the communities. And in some of these, data does not matter; what matters is the service rendered to the community.

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