Photo: Flickr/The DEMO Conference
Capstone Investments analyst Rory Maher says LinkedIn is hiring people to figure out ways to unlock the value in the data users give to the site about themselves, their jobs, and the places where they work.Maher used Capstone’s proprietary software to analyse over 2,000 job listings to compare Google, Facebook, and Linkedin hiring trends.
In a report, Maher writes:
We Believe Data Specialist Posts Highlight Value Of Unlocked Linkedin Data.
We saw a number of job listings at Linkedin for data specialists and statistical researchers. The majority of responsibilities related to recommendation and search data analysis for current Linkedin products, but we noticed some responsibilities that indicate the Company may see unlocked value in its data. For example, an “Applied Researcher” position included the following description: “You’re interested in big data: crunching billions of examples for statistical modelling, data mining, recommendation or search relevance solutions.” In addition, a “Data Engineer” position had the following description included: “To draw insights from our massive semi-structured and graph datasets, you need experience in data mining, information retrieval and/or machine learning and a strong systems orientation.” In our note published June 25 2012, we estimated unlocked data at Linkedin could quickly generate $50M-$80M in annual revenue and be worth $5/share.