It's great to see someone taking piles of data and pulling some meaning out of it. I think it's easy enough these days to be able to see the potential of data-mining a site like Facebook, but I expect a lot of value to come out of sites like FlightCaster that are getting value in domains that folks don't normally think of being data-intensive. Google was more or less data-mining, but it was a relatively easy set of data to access: public websites. Now, we're seeing the exploitation of more obscure, but not necessarily less valuable, data.
Thanks Hexis. The key for us was being able to combine deep domain expertise with Brad's data-mining capabilities. The model is a nice mix of statistical induction and domain-based logic. We're adding more data sources to it, so both the power of the algorithms and capabilities will only get better.
Comments
It's great to see someone taking piles of data and pulling some meaning out of it. I think it's easy enough these days to be able to see the potential of data-mining a site like Facebook, but I expect a lot of value to come out of sites like FlightCaster that are getting value in domains that folks don't normally think of being data-intensive. Google was more or less data-mining, but it was a relatively easy set of data to access: public websites. Now, we're seeing the exploitation of more obscure, but not necessarily less valuable, data.
Thanks Hexis. The key for us was being able to combine deep domain expertise with Brad's data-mining capabilities. The model is a nice mix of statistical induction and domain-based logic. We're adding more data sources to it, so both the power of the algorithms and capabilities will only get better.
~Jason (@FlightCaster)