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
    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
    cybersecurity efforts
    How Behavioral Analytics and AI Are Redefining Cybersecurity for Boca Raton Businesses
    14 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

Worthy Data Quality Whitepapers (Part 3)
Worthy Data Quality Whitepapers (Part 3)
Creating Impactful Branding: Using Design Tools vs. AI
Big Data Paves The Way For Fantastic New Social Listening Tools
A Better Way to Model Data
Data Scalability Makes CCTV An Optimal Home Security Solution

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

Emergency responder and nurse reviewing tablet with data dashboards
Evaluating Workforce Assessment Tools: Looking Beneath the Dashboard at Psychometric Data
Exclusive Software
Flat editorial illustration: The article's core relationship is the brand protection response workflow: detection of a phishing o
Data & AI Architecture Focus: 6 Best Brand Protection Tools for Phishing and Impersonation
IT Security
Server racks with cloud and user interface panels
Cloud Infrastructure and Workload Migration: A Data-Driven Look at VMware Alternatives in Europe
Cloud Computing Exclusive
Synthetic Data vs Real Web Data: Comparison, Limitations, and Collection Methods  -- AI-generated illustration
Synthetic Data vs Real Web Data: Comparison, Limitations, and Collection Methods 
Big Data Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

DIY Culture: Should Non-IT Employees Be Compensated for Building Apps?
Culture/LeadershipModelingSocial Data

DIY Culture: Should Non-IT Employees Be Compensated for Building Apps?

5 Min Read
10 Companies That Use Cloud Computing — What They Moved, and What Changed -- AI-generated illustration
Cloud ComputingExclusiveIT

10 Companies That Use Cloud Computing — What They Moved, and What Changed

37 Min Read
How The Cloud Can Be Useful In Supply Chain Logistics
Cloud Computing

How The Cloud Can Be Useful In Supply Chain Logistics

8 Min Read
cloud customer support
Business IntelligenceCloud ComputingExclusive

How Cloud Customer Support Helps Your Business Grow

9 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
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

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?