Is Data the currency of the Internet or is it the new oil?

September 28, 2011

I have “long” thought that data is the currency of the Internet, it is what is monetized and when aggregated, parsed and made accessible, where the value lies for businesses and individuals.  I was interested then to read in Rich Miller’s article about another analogy that had recently been drawn:

“Data is the new oil,” said Andreas Weigend, social data guru and former chief scientist at “Oil needs to be refined before it can be useful. Big data startups are the new refineries.”

Another way of putting this might be to say that the internet runs on data.

Just a few thoughts to share over my much needed morning coffee.  Talk amongst yourselves.

Pau for now…

OSCON: How foursquare uses MongoDB to manage its data

July 27, 2011

I saw a great talk today here at OSCON Data up in Portland, Oregon.  The talk was Practical Data Storage: MongoDB @ foursquare and was given by foursquare‘s head of server engineering, Harry Heymann.  The talk was particularly impressive since, due to AV issues, Harry had to wing it and go slideless.  (He did post his slides to twitter so folks with access could follow along).

After the talk I grabbed a few minutes with Harry and did the following interview:

Some of the ground Harry covers

  • What is foursquare and how it feeds your data back to you
  • “Software is eating the world”
  • How foursquare  got to MongoDB from MySQL
  • Handling 3400% growth
  • How they use Hadoop for offline data
  • Running on Amazon EC2 and at what point does it make sense to move to their own servers

Extra-credit reading

Pau for now…

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