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
    chatgpt image jul 13, 2026, 03 59 46 pm
    How Data Analytics Improves Multi-Location Search Strategies
    10 Min Read
    cybersecurity efforts
    How Behavioral Analytics and AI Are Redefining Cybersecurity for Boca Raton Businesses
    14 Min Read
    data driven risk management in heatlhcare
    How Data Analytics Is Changing Healthcare Risk Management
    17 Min Read
    big data and customer service outsourcing
    How Data Analytics Improves Customer Service Outsourcing
    18 Min Read
    How a Specialized Marketing VA Improves Campaign Analytics
    How a Specialized Marketing VA Improves Campaign Analytics
    11 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Social Data: Asset and Liability
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 > Social Data: Asset and Liability
Big Data

Social Data: Asset and Liability

MIKE20
MIKE20
3 Min Read
SHARE

Contents
  • The New News Feeds
  • Simon Says: Big Data Is a Full-Time Job
  • Feedback

In late December of 2013, Google Chairman Eric Schmidt admitted that ignoring social networking had been a big mistake. ”I guess, in our defense, we were busy working on many other things, but we should have been in that area and I take responsibility for that,” he said.

Brass tacks: Google’s misstep and Facebook’s opportunistic land grab of social media have resulted in a striking data chasm between the two behemoths. As a result, Facebook can do something that Google just can’t.

More Read

Decision Management, Tom Davenport and the New BI
Too much information
Artificial Intelligence Can Be Our Best Travel Guide
In-database analytics and Decision Management
So You Want to be a Data Scientist…

To his credit, Mark Zuckerberg has not been complacent with this lead. This is an age of ephemera. He is building upon his company’s lead in social data. Case in point: the launch of Graph Search.

The rationale here is pretty straightforward: Why let Google catch up? With Graph Search, Facebook users can determine which of their friends have gone to a Mexican restaurant in the last six months in San Francisco. What about which friends like the Rolling Stones or The Beatles? (Need to resell a ticket? Why use StubHub here? Maybe Facebook gets a cut of the transaction?) These are questions and problems that Google can’t address but Facebook can.

All good for Zuck et. al, right? Not really. It turns out that delivering relevant social data in a timely manner is proving remarkably elusive, even for the smart cookies at Facebook.

The New News Feeds

As Wired reported in May of 2013, Facebook “redesigned its News Feed with bolder images and special sections for friends, photos, and music, saying the activity stream will become more like a ‘personalized newspaper’ that fits better with people’s mobile lifestyles.” Of course, many users didn’t like the move, but that’s par for the course these days. You’re never going to make 1.2 billion users happy.

But Facebook quickly realized that it didn’t get the relaunch of News Feed right. Not even close. Just a few weeks before Schimdt’s revealing quote, Business Insider reported that Facebook was at it again, making major tweaks to its feed and then halting its new launch. This problem has no simple solution.

Simon Says: Big Data Is a Full-Time Job

Big Data is no picnic. “Managing” it isn’t easy, even for billion-dollar companies such as Facebook. The days of “set it and forget it” have long passed. Organizations need to be constantly monitoring the effectiveness of their data-driven products and services, to say nothing of testing for security issues. (Can someone say Target?)

Feedback

What say you?

TAGGED:social media
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

chatgpt image jul 13, 2026, 04 19 58 pm
Can AI Help Companies Improve PPC Fulfilment?
Artificial Intelligence Exclusive
chatgpt image jul 13, 2026, 04 14 54 pm
How AI Helps Companies Adapt to Fulfillment Strategy Changes
Artificial Intelligence Exclusive
chatgpt image jul 13, 2026, 03 59 46 pm
How Data Analytics Improves Multi-Location Search Strategies
Analytics Big Data Exclusive
Turning Monitoring Data Into Customer-Facing Incident Communication
Turning Monitoring Data Into Customer-Facing Incident Communication
Big Data Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Social Karma (Part 5)

11 Min Read

Are you a CTO? Do you use Twitter? See CTOlist.com

6 Min Read

Metrics and Numbers You Should Know if You Want to Measure Social Media ROI

7 Min Read

I Love Social Media Because Sample Sizes Can Be In The Millions

2 Min Read

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

ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence
data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data

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?