An interesting article from Wired about Google and how it sees value in its data.
Keywords and click rates are their bread and butter. "We are trying to understand the mechanisms behind the metrics," says Qing Wu, one of Varian's minions. His specialty is forecasting, so now he predicts patterns of queries based on the season, the climate, international holidays, even the time of day. "We have temperature data, weather data, and queries data, so we can do correlation and statistical modeling," Wu says. The results all feed into Google's backend system, helping advertisers devise more-efficient campaigns. read full article here
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Googlenomics: Data Is The Key To Profitability
Posted by : son of rambow on
Sunday, April 24, 2011
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