Max Engel of HypeBot recently identified the smart use of data as one of three major trends currently shaping the future of product development. He writes, “The role that data plays goes beyond analytics. Open platforms and API’s allow for the creation of product mash-ups that have broken down barriers to content availability. One cannot underestimate the brilliance of platform-focused companies like SoundCloud and Spotify that allow innovation to occur rapidly and unfettered. Similarly, structured data is going to be increasingly impactful. Facebook’s Open Graph, for example, projects the foundation for the oft-mentioned semantic web.” Read more