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Monetizing the Semantic Web
Denny Vrandečić, Elena Simperl, Rudi Studer
STI Summit, Riga, Latvia


Institut AIFB – Angewandte Informatik und Formale Beschreibungsverfahren




KIT – University of the State of Baden-Württemberg and
National Large-scale Research Center of the Helmholtz Association          www.kit.edu
Classic monetizing for technology

    !    Product

    !    Consulting

    !    Apps for money or with ads

    !    Training

    !    Books

    !    Save tons of money by using better technology

         06.07.2011   Monetizing the Semantic Web        Institut AIFB
2
Different roles, different monetizing

    !    End user

    !    App developer

    !    Data publisher

    !    Technology provider

    !    Research and standard development




         06.07.2011   Monetizing the Semantic Web   Institut AIFB
3
Every bubble costs… someone




    06.07.2011   Monetizing the Semantic Web   Institut AIFB
4
Unique Semantic Web monetizing

    !    Metadata publication as collateral

    !    Accountability and transparency

    !    Freemium data

    !    Dump for free, rest for money

    !    Data curation and aggregation

    !    (not a complete list)

         06.07.2011     Monetizing the Semantic Web   Institut AIFB
5
Metadata publication as collateral

    !    Companies selling services or products may want to offer
         data for 3rd party websites
          !    In control of the data content
          !    Data is available anyway, can be turned into asset for others
          !    Increases value and presence of primary product


    !    Metadata as a collateral for search engine optimization
          !    GoodRelations data seems to have improved rank
          !    Snippets and filters can be built on metadata (e.g. Google recipe
               search)




         06.07.2011         Monetizing the Semantic Web                        Institut AIFB
6
Accountability and transparency

    !    Consumers crave for more information and better
         consciousness
          !    e.g. fair-trade coffee and chocolate


    !    Providing such information on a small package is infeasible

    !    Instead, provide metadata about the products accessible
         through mobile device
          !    Where was it produced?
          !    Allergies and nutritional values
          !    Certificates for bio / fair trade / no child labor …
          !    Mobile device can check compliance to user demands


         06.07.2011         Monetizing the Semantic Web               Institut AIFB
7
Freemium data

    !    Provide entities (secure URI ownership) with minimal
         useful data

    !    Establish yourself as authority

    !    Richer data for additional money
          !   IMdb provide contact data and full financial breakdowns
          !   Geonames provides full quality check data as premium data




         06.07.2011       Monetizing the Semantic Web                     Institut AIFB
8
Dump for free, rest for money

    !    Dumps and simple access as Linked Data are cheap
          !    GoodRelations seems to be unusually expensive vocabulary


    !    Access via SPARQL can be very expensive
          !    Powerful filter and aggregation mechanism
          !    Especially in SPARQL 1.1
          !    Provide more power, later time outs for money




         06.07.2011         Monetizing the Semantic Web                   Institut AIFB
9
Curation and aggregation

 !    Using Semantic Web data means
       !    Selecting,
       !    Crawling,
       !    Cleaning,
       !    Mapping,
       !    Integrating,
       !    Storing,
       !    Inferencing over, and
       !    Querying the data.


 !    This is hard and expensive – and can be outsourced

 !    Data enriching as added value, e.g. legal publishers
      06.07.2011         Monetizing the Semantic Web         Institut AIFB
10
Monetization and incentives

 !    Today much of the data and links are made for free

 !    Bringing money into the game may change things
       !    Performance of individuals and groups may be affected
       !    Voluntary work may be stifled


 !    How will a ecosystem look like that allows and promotes
      both?
       !    Wikipedia killed encyclopedias
       !    Android killed mobile Linux development
       !    Open source coexists with commercial software



      06.07.2011        Monetizing the Semantic Web                 Institut AIFB
11
Discussion

 !    Metadata publication as collateral
 !    Accountability and transparency
 !    Freemium data
 !    Dump for free, rest for money
 !    Data curation and aggregation

 !    (not a complete list)

 !    Others?
 !    Maybe write a white paper?


      06.07.2011     Monetizing the Semantic Web   Institut AIFB
12
Every bubble costs… someone


                              $
                                         $                 $
                      $

                                                                                               $
                                                       $               $

                                  $
                  $
                          $                                        $
                                               $
                          $
                                                                                       $
                                                               $
                                                                   $       $

                                                                                           $

                                                   $                   $
                                                                                   $

                                                       $
                                                                               $




     06.07.2011                   Monetizing the Semantic Web                                      Institut AIFB
13

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STI Summit 2011 - Monetizing the Semantic Web

  • 1. Monetizing the Semantic Web Denny Vrandečić, Elena Simperl, Rudi Studer STI Summit, Riga, Latvia Institut AIFB – Angewandte Informatik und Formale Beschreibungsverfahren KIT – University of the State of Baden-Württemberg and National Large-scale Research Center of the Helmholtz Association www.kit.edu
  • 2. Classic monetizing for technology !  Product !  Consulting !  Apps for money or with ads !  Training !  Books !  Save tons of money by using better technology 06.07.2011 Monetizing the Semantic Web Institut AIFB 2
  • 3. Different roles, different monetizing !  End user !  App developer !  Data publisher !  Technology provider !  Research and standard development 06.07.2011 Monetizing the Semantic Web Institut AIFB 3
  • 4. Every bubble costs… someone 06.07.2011 Monetizing the Semantic Web Institut AIFB 4
  • 5. Unique Semantic Web monetizing !  Metadata publication as collateral !  Accountability and transparency ! Freemium data !  Dump for free, rest for money !  Data curation and aggregation !  (not a complete list) 06.07.2011 Monetizing the Semantic Web Institut AIFB 5
  • 6. Metadata publication as collateral !  Companies selling services or products may want to offer data for 3rd party websites !  In control of the data content !  Data is available anyway, can be turned into asset for others !  Increases value and presence of primary product !  Metadata as a collateral for search engine optimization ! GoodRelations data seems to have improved rank !  Snippets and filters can be built on metadata (e.g. Google recipe search) 06.07.2011 Monetizing the Semantic Web Institut AIFB 6
  • 7. Accountability and transparency !  Consumers crave for more information and better consciousness !  e.g. fair-trade coffee and chocolate !  Providing such information on a small package is infeasible !  Instead, provide metadata about the products accessible through mobile device !  Where was it produced? !  Allergies and nutritional values !  Certificates for bio / fair trade / no child labor … !  Mobile device can check compliance to user demands 06.07.2011 Monetizing the Semantic Web Institut AIFB 7
  • 8. Freemium data !  Provide entities (secure URI ownership) with minimal useful data !  Establish yourself as authority !  Richer data for additional money ! IMdb provide contact data and full financial breakdowns ! Geonames provides full quality check data as premium data 06.07.2011 Monetizing the Semantic Web Institut AIFB 8
  • 9. Dump for free, rest for money !  Dumps and simple access as Linked Data are cheap ! GoodRelations seems to be unusually expensive vocabulary !  Access via SPARQL can be very expensive !  Powerful filter and aggregation mechanism !  Especially in SPARQL 1.1 !  Provide more power, later time outs for money 06.07.2011 Monetizing the Semantic Web Institut AIFB 9
  • 10. Curation and aggregation !  Using Semantic Web data means !  Selecting, !  Crawling, !  Cleaning, !  Mapping, !  Integrating, !  Storing, ! Inferencing over, and !  Querying the data. !  This is hard and expensive – and can be outsourced !  Data enriching as added value, e.g. legal publishers 06.07.2011 Monetizing the Semantic Web Institut AIFB 10
  • 11. Monetization and incentives !  Today much of the data and links are made for free !  Bringing money into the game may change things !  Performance of individuals and groups may be affected !  Voluntary work may be stifled !  How will a ecosystem look like that allows and promotes both? !  Wikipedia killed encyclopedias !  Android killed mobile Linux development !  Open source coexists with commercial software 06.07.2011 Monetizing the Semantic Web Institut AIFB 11
  • 12. Discussion !  Metadata publication as collateral !  Accountability and transparency ! Freemium data !  Dump for free, rest for money !  Data curation and aggregation !  (not a complete list) !  Others? !  Maybe write a white paper? 06.07.2011 Monetizing the Semantic Web Institut AIFB 12
  • 13. Every bubble costs… someone $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 06.07.2011 Monetizing the Semantic Web Institut AIFB 13