Mike Hoskins, CTO of Pervasive Software, said the stars of the information technology industry consisted of hardware companies in the 1950s through 1980s. software companies in the 1980s through 200s, and now data companies.
“Is Google a software company?” he asked. “Is Facebook a software company?” They’re not, they’re data companies. The value they and many other companies provide to the market is their ability to manage data and provide analysis
Maybe the future business model of Facebook will be two-sided market.
Side 1 - social network.
Side 2 - data company.
It makes sense. This year, Facebook teamed up with Politico. The social network gave Politico deep access to users’ political sentiments.Jun 29, 2012