Posts Tagged ‘analytics’

I ran into Kred’s CEO, Andrew Grill, at Social Media Week today.  We sat down for a few minutes and he explains here how the company’s Influence and Outreach scores work, how PR firms can integrate those analytics into their social media efforts, and what’s ahead for the company.  One bit of intel that’s quite valuable:  Kred has had access to the full Twitter fire hose since 2008.  The 70 billion tweets they hold in their database lets them do all kinds of great analysis.

Social influence scoring systems like Kred and Klout are critical advances in turning communications into a real science.  In his landmark book, The Information, James Gleick chronicles how squishy terms like “force” acquired definitive, mathematical meaning in the 17th century…

“For the purposes of science, information had to mean something special. Three centuries earlier, the new discipline of physics could not proceed until Isaac Newton appropriated words that were ancient and vague—force, mass, motion, and even time—and gave them new meanings. Newton made these terms into quantities, suitable for use in mathematical formulas.”

I have not a single doubt that people like Grill are doing the same for terms like “Influence,” “Trust” and “Reputation.”

Rock on, gentlemen.

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This is why I love analytics.  LinkedIn analyzed the first names of all the people who have CEO as their title and found that in the U.S., “Howard” is the most popular. Snip:

“LinkedIn contrasted CEOs with the average LinkedIn professional to find the top names that are over-represented among CEOs. The top CEO names found on the network, in order, are: Peter, Bob, Jack, Bruce, Fred, Deborah, Sally, Debra, Cynthia, and Carolyn. One trend LinkedIn highlights is that the most over-indexed CEO names for males tend to be either short or shortened versions of popular first names. Female CEOs, on the other hand, use their full name to project a more professional image, reports the network.”

Full article via TechCrunch.

Now, this is data that LinkedIn has had for a long time.  Heck, we’ve all had access to it for years via their advanced search button.  Is it the most important question in the world?  No.  Is it interesting?  Heck yeah.  But no one thought to ask it ’til recently.

In the mid-90s, I saw Eli Wiesel give a speech.  I’ll never forget when he brought up the dot-com boom and our sense of wonder at the power of computers.  He said (paraphrasing here) “computers might have all the answers, but they don’t have any of the questions.”

So what question will you ask your data today?

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