We use cookies, including third-party cookies from Google to serve personalized ads through AdSense, to operate this site and understand how it is used. By continuing to browse, you accept this use. See our Privacy Policy and Terms of Use for details, including how to opt out of personalized advertising.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    What Kind of Problem-Solving Distinguishes Data Analysts From Software Engineers -- AI-generated illustration
    What Kind of Problem-Solving Distinguishes Data Analysts From Software Engineers
    7 Min Read
    chatgpt image jul 21, 2026, 04 34 30 pm
    4 Core Benefits of Predictive Maintenance after Vibration Analysis
    10 Min Read
    How Does Data Mining Boost Customer Satisfaction in Logistics? Harnessing Analytics for Results -- AI-generated illustration
    How Does Data Mining Boost Customer Satisfaction in Logistics? Harnessing Analytics for Results
    11 Min Read
    chatgpt image jul 13, 2026, 04 23 45 pm
    How Data Analytics Helps Companies Improve User Engagement
    19 Min Read
    chatgpt image jul 13, 2026, 03 59 46 pm
    How Data Analytics Improves Multi-Location Search Strategies
    10 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: A New Economy of Data
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Data Management > Culture/Leadership > A New Economy of Data
CommentaryCulture/LeadershipData QualityExclusiveNew ProductsUnstructured Data

A New Economy of Data

Editor SDC
Editor SDC
3 Min Read
A New Economy of Data
Photo by Openclay on Pixabay (https://pixabay.com/photos/cryptocurrency-blockchain-bitcoin-3123849/)
SHARE

There is a revolution in data. Yet the revolution is not as much a new technology as it is a new economy of data. Technology has made it easy for every web and mobile app, from social networks and twitter mashups to daily deal sites and iPhone memo apps to quickly and easily store, edit, and update their own data. In fact, the growth of the social web across all social media and social networks has created an underground metropolis of databases.

Data sounds boring and technical, or perhaps scary and private, but the truth about data (or the next era of “data 2.0”) is that all these hundreds of thousands of blogs, social networks, mobile apps need to securely access each other’s data. Personal data aside, if you wanted to build an awesome mobile restaurant review geolocation app you don’t want to build your own database of all restaurants, you don’t want to have to update the restaurant database (hopefully someone bigger than you keeps it updated for you), and you might even want to seed your app with restaurant reviews from somewhere else. In other words, you can’t build your app until you get access to someone else’s data.

This is one of the biggest hurdles for 2011: how these hundreds of thousands of web and mobile apps can access, aggregate, or collaborate on data using services like SimpleGeo, Factual, Socrata, Data.gov, or any of the 50+ data startups at the Data 2.0 Conference in San Francisco on Monday, April 4th.

My personal passion for “data 2.0” questions revolves around one central discussion. Will these hundreds of thousands of web and mobile apps each have their own private database and their own API amidst a jungle of API’s calling other API’s, or is there a possibility of a more “centralized” shared database environment like Google Freebase? Yet equally important are the ideas and topics around “what to do with this new online access to data”. 

More Read

Why AI Technology For YouTube Marketers Is Viewed As A Godsend
Why AI Technology For YouTube Marketers Is Viewed As A Godsend
Big Data Wisdom Courtesy of Monty Python
3 Essential AI And Cloud-Based Tools Modern Business Needs To Thrive
Automating the Extraction of Useable Knowledge From Videos and Photos
Cloud and AI Technology Help USB Flash Drives Stay Relevant

The Data 2.0 Conference is on April 4th in San Francisco, and you can access our press release here.

 

TAGGED:ApplicationscloudData 2.0 Conference
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

Flat editorial illustration: The article explains that training robots for physical interaction requires three distinct data cate
Physical AI: What Data Do You Need to Train a Robot?
Artificial Intelligence Exclusive Robotics
What Kind of Problem-Solving Distinguishes Data Analysts From Software Engineers -- AI-generated illustration
What Kind of Problem-Solving Distinguishes Data Analysts From Software Engineers
Analytics Big Data Exclusive Software
Flat editorial illustration: The article examines AI agents that escalate from legitimate data retrieval to attempted intrusions
OpenAI’s Government Website Incidents Raise a Hard Question for AI Agents: When Should They Stop?
Artificial Intelligence News Security
Flat editorial illustration: The article's core relationship is the alignment between customer behavioral data (visit frequency,
Data-Driven Loyalty: How Restaurants Use Behavioral Analytics to Optimize Revenue
Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Here’s How Much Big Data Companies Make On The Internet
Big DataData ManagementExclusiveNews

Here’s How Much Big Data Companies Make On The Internet

8 Min Read
The Fallacy of the Data Scientist Shortage
AnalyticsBusiness IntelligenceBusiness RulesCloud ComputingCollaborative DataCommentaryData MiningData WarehousingDecision ManagementHadoopJobsMapReducePredictive AnalyticsR Programming LanguageSentiment AnalyticsStatisticsText AnalyticsUnstructured Data

The Fallacy of the Data Scientist Shortage

8 Min Read
What Every CEO Needs to Know About IT
Big DataBusiness IntelligenceIT

What Every CEO Needs to Know About IT

9 Min Read
The Debate Continues: The Future Impact of Net Neutrality on the Cloud
Uncategorized

The Debate Continues: The Future Impact of Net Neutrality on the Cloud

6 Min Read

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

Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-26 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?