Study: LinkedIn Positioned To Become First Global Economic Graph, Business Platform On Par With Google And Facebook

LinkedIn is positioned to become the first global economic graph with the ability to mine the transactions of an emerging data economy. That’s the conclusion of a study by faberNovel, which has published the results of its work with a detailed 127-slide report titled: LinkedIn, The Serious Network.

The company chose Linkedin for its expertise in data analytics and algorithms, which has helped LinkedIn become far more than a site to post a resume. Instead, FaberNovel argues, LinkedIn is positioned to become a mega business platform. Since its start 10 years ago, LinkedIn has become the place for people to network. In recent years, though, it has started pooling the data, becoming one of the early adopters of open-source data technologies, such as Hadoop and Lucene/Solr for search. It has one of the most-recognized teams of data scientists who have learned to shape the data to create what CEO Jeff Weiner calls a global economic graph. It’s through the understanding of its users’ interactions that LinekdIn is establishing a platform that could put it in a position to emerge as an enterprise services provider and a player in the CRM market.

Source: Study: LinkedIn Positioned To Become First Global Economic Graph, Business Platform On Par With Google And Facebook | TechCrunch

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