Web 2.0

Cherizza Almario

Data is the New Intel Inside

Data has become a very powerful factor in the online environment, as Jason Van Dyk (2010) discusses.

“Since many Web 2.0 services thrive on the participation between users, data storage services become more valuable. Consumers depend on these sites for a safe, fun and interactive environment to connect with other people and information. If the Web 2.0 site fails to provide this service, then the demand will reduce. It is becoming more apparent nowadays that the data found on a site is just as important as the actual software. Google has recently shown this to be the case with their investment to DigitalGlobes imagery and geodata. As technology progresses, we demand more than what the Intel Inside chip has to offer. People now have an interactive environment, where communication is fast, simple and reliable.”

If you look at everyday applications alone, users rely heavily on tools like Facebook for communication, Google Maps for direction and maybe even Twitter for up-to-date news. It all really goes round in a huge circle, as these tools would nowhere be as much of a success if it wasn’t for people submitting and allowing access to their data.

Realistically, to be able to use anything online these days -to its maximum potential- you are required to sign up and give away your details. Although some sites are pretty simple and only require an email address and name, this still contributes to data being collected.

A personal example I can share is the growth of eBay – the online auction website. I have watched eBay develop over the years and although their current upgrade is a fantastic tool, you can definitely see the change and improvement that data has contributed.

A new feature that I found interesting on eBay was the ‘WISH LIST’. The eBay wish list is similar to normal online shop wish lists as it allows users to select items they want (but can’t yet buy) and add to the list…pretty much like bookmarking products. With this list, they can then send/share it with someone, making gift buying clear and simple!


eBay is definitely a much wider community – with users from all over the world. Really goes to show how much data can improve business growth.

REFERENCES
Van Dyk, Jason. Data is the Next Intel Inside. http://www.jason-v.com/2010/03/14/data-is-the-next-intel-inside/.

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6 comments on “Data is the New Intel Inside

  1. Chung-Lin Wu
    March 16, 2012

    Wish list is a good way to share information with other users on Ebay website. This is one powerful effect of Web2.0. Hopefully, my friends can see my wish list and buy birthday presents for me. πŸ™‚

  2. brettstevenson2011
    March 17, 2012

    I will admit I have always steered clear of eBay, partly due to the bad press it sometimes gets, and secondly because I would spend my entire pay check bidding for stuff each week! However the idea you mentioned of a wish list sounds like an ingenious idea!! After all we all struggle to think of gifts for people!! Does the wish list work by bookmarking items from a particular user or just gives you a list of that item from different sources?

    • cherizza.almario
      March 17, 2012

      Thanks for the comment – the wish list bookmarks items that you specifically bookmark & add to the list.. so it can be from any seller, from anywhere in the world (just as long as it’s listed on eBay).

      eBay also features a ‘recommended items’ though on their front page, which lists items that eBay thinks you’ll be interested in by simply collecting data from your searches πŸ™‚

  3. Elizabeth Gorsuch
    March 17, 2012

    eBay is a great example of data being the commodity, and all the data is user generated. I have been a long time user of eBay, but still find it interesting to see that for so many people I know eBay is the “go to” place for shopping. Great post πŸ™‚

  4. nasseralhammad
    March 21, 2012

    Hi cherizza, thanks for sharing this information about ebay . Actually, I have used ebay for years without using wish list till last year and I found it very useful once it avoid a long search to find a good price product that you have found before . I have used (Alibaba ) website and their wish list is very clever . The example that I have selected (http://nasseralhammad.wordpress.com/) has similar thing but they do not called it wish list .

    Thanks .

  5. janithd1
    April 6, 2012

    In my point of view, ebay is another example for this topic. i used ebay many years but i did not use very much this wish list. but when i read your post i found that one is very interesting. Thanks for sharing this information.

    Cheers.

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