The question has come up in a great Quora forum, which I highly recommend and should get a number of members in this group excited about either joining or founding a startup. Most companies I speak with do not have the capability to analyze data like they could using the Big Data tools, the time difference between payoff and investment is far too long to warrant this type of investment.So, a huge startup opportunity is in providing the information these companies would like to have - and based on some of these ideas, large corporations are willing to spend a pretty penny on these.
The four areas of that Startups could make money using Big Data that I find most promising are:
1.) Recruiting: this industry is still suffering from poor conclusions from unstructured data
2.) Online Video Processing: much could be machine recognized to enable indexing
3.) Knowledge Management: still a fleeting target for many companies
4.) Store Location Information: the right mix of parameters could be gold for some
Any others? Comments?
Here the link to the Quora forum: http://www.quora.com/What-Big-Data-opportunities-will-be-most-interesting-and-profitable-for-startups
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