30 Social Data Applications that Will Change Our World

Social media is popular — no surprise there. And as a result, there’s a huge amount of social media data in the world and every day the pool of data grows… not just a little bit, but enormously. For instance, just recently our partner Twitter blogged about their business growth and the numbers are staggering.

This social conversation data is valuable. Someday it will yield insights worth many millions, perhaps billions, of dollars for businesses. But the analyses and insights are only barely beginning to take shape. We hear from social media analytics companies every day and we see lots of interesting applications of this data. So… how can social media data be used? Here’s a partial list of social data applications that I believe will begin to take shape over the next decade or so:

  1. Product development direction
  2. Product feedback
  3. Customer service performance feedback
  4. Customer communications
  5. Stock market prediction
  6. Domestic/political mood analysis
  7. Societal trend analysis
  8. Offline marketing campaign impact measurement
  9. Word-of-mouth marketing campaign analysis
  10. URL virality analysis
  11. News virality analysis
  12. Domestic economic health indicator
  13. Linguistic analysis
  14. Educational achievement metric by time and locale
  15. Personal scheduling: see when your friends are busy
  16. Event planning: see when big events will happen in your community
  17. Online marketing
  18. Sales mapping & identification
  19. Consumer behavior analysis
  20. Internet safety implementation
  21. Counter-terrorism probabilistic analysis
  22. Disaster relief communication, mapping, and analysis
  23. Product development opportunity identification
  24. Competitive analysis
  25. Recruiting tools
  26. Connector, Maven, and Salesperson identification (to borrow Malcolm Gladwell’s terms)
  27. Cross-platform consumer alerting services
  28. Brand monitoring
  29. Business accountability ratings
  30. Product and service reviews

All of these projects can be built on public social media conversation data that’s legally and practically accessible. All of the necessary data is (or is on the roadmap to be) accessible via Gnip. But access to the data is only step one — the next step is building great algorithms and applications to draw insights from that data. We leave that part to our customers.

So, here’s to the analysts who are working with huge social data sets to bring social data analyses and insights to fruition and ultimately make the barrage of public data that surrounds us increasingly useful. Here at Gnip we’re grateful for your efforts and eager to find out what you learn.