Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    image fx (67)
    Improving LinkedIn Ad Strategies with Data Analytics
    9 Min Read
    big data and remote work
    Data Helps Speech-Language Pathologists Deliver Better Results
    6 Min Read
    data driven insights
    How Data-Driven Insights Are Addressing Gaps in Patient Communication and Equity
    8 Min Read
    pexels pavel danilyuk 8112119
    Data Analytics Is Revolutionizing Medical Credentialing
    8 Min Read
    data and seo
    Maximize SEO Success with Powerful Data Analytics Insights
    8 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Google and Amazon as Benchmarkers
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Data Mining > Google and Amazon as Benchmarkers
Business IntelligenceData MiningData WarehousingPredictive Analytics

Google and Amazon as Benchmarkers

TheodoreOmtzigt
TheodoreOmtzigt
3 Min Read
SHARE

One of the most interesting aspects of cloud computing is the opportunity for benchmarking. Instead of paying market research firms Gartner or IDC thousands of dollars, industry wide benchmarking data would be readily integrated in the workflow offered by a cloud computing provider. SaaS, because of its single workflow focus, will be in the early lead to provide this added value to its customers. As a matter of fact, when I am evaluating SaaS pr…


One of the most interesting aspects of cloud computing is the opportunity for benchmarking. Instead of paying market research firms Gartner or IDC thousands of dollars, industry wide benchmarking data would be readily integrated in the workflow offered by a cloud computing provider. SaaS, because of its single workflow focus, will be in the early lead to provide this added value to its customers. As a matter of fact, when I am evaluating SaaS providers and find out that they don’t offer benchmarking, I discount them for two reasons.

  • The core functionality I buy from a SaaS provider is the best-known-practice for the workflow they offer. We all know that best-known-practices involve some performance based feedback mechanism. Thus if a SaaS provider doesn’t have benchmarking, they don’t have the best-known-practice.
  • More Read

    Where is BI heading?
    SAS Warranty Solutions First Look
    Can you learn data mining in undergraduate or graduate school?
    Technologies and Analyses in CBS’ Person of Interest
    Happy New Year : 2009 Predictions and 2008 Recap
  • Given that benchmarking is a core tenet of SaaS, if a SaaS provider does not offer benchmarking it is most likely because they don’t have enough customers signed up to generate reasonable statistics and thus their longevity is in doubt.
  • The next innovation in benchmarking is when Google and Amazon jump in. Google has already started with Google Trends, but the real business value is held by online retailers like Amazon. Amazon as part of its own offering already demonstrates lots of benchmarking prowess in generating customer focused result pages that bring together your query and purchasing history and that of other shoppers that appear to be similar in context of your current query/purchase. For retailers this is so powerful. Amazon as a cloud computing provider has its platform perfectly positioned to attracked more specialized retailers that would not have the scale to do proper benchmarking. There is no doubt in my mind that Amazon will leverage this incredible information asset and make oodles of money.
    <–URL–>

    Share This Article
    Facebook Pinterest LinkedIn
    Share

    Follow us on Facebook

    Latest News

    image fx (2)
    Monitoring Data Without Turning into Big Brother
    Big Data Exclusive
    image fx (71)
    The Power of AI for Personalization in Email
    Artificial Intelligence Exclusive Marketing
    image fx (67)
    Improving LinkedIn Ad Strategies with Data Analytics
    Analytics Big Data Exclusive Software
    big data and remote work
    Data Helps Speech-Language Pathologists Deliver Better Results
    Analytics Big Data Exclusive

    Stay Connected

    1.2kFollowersLike
    33.7kFollowersFollow
    222FollowersPin

    You Might also Like

    analytics
    AnalyticsBig DataPredictive AnalyticsR Programming LanguageStatistics

    Revolution Analytics CEO: Big Data Is a New Management Discipline

    8 Min Read

    More Amazing Social Media Statistics

    3 Min Read

    “Corporate life and the life of the mind”

    1 Min Read
    Image
    Big DataData WarehousingHadoopITMapReduceOpen SourceSoftwareSQL

    3 Big Hadoop Myths Dispelled

    4 Min Read

    SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

    data-driven web design
    5 Great Tips for Using Data Analytics for Website UX
    Big Data
    ai chatbot
    The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
    Chatbots

    Quick Link

    • About
    • Contact
    • Privacy
    Follow US
    © 2008-25 SmartData Collective. All Rights Reserved.
    Go to mobile version
    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?