Professional Documents
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How-45-Successful-Companies-Used-Big-Data-Analytics-To-Deliver-Extraordinary-Results-Wiley-2016 101-108
How-45-Successful-Companies-Used-Big-Data-Analytics-To-Deliver-Extraordinary-Results-Wiley-2016 101-108
How-45-Successful-Companies-Used-Big-Data-Analytics-To-Deliver-Extraordinary-Results-Wiley-2016 101-108
LINKEDIN
How Big Data Is Used To Fuel Social
Media Success
Background
LinkedIn is the world’s largest online professional network, with more
than 410 million members in over 200 countries. LinkedIn connects
professionals by enabling them to build a network of their connec-
tions and the connections of their connections. The site was launched
by Reid Hoffman in 2003, making it one of the oldest social media
networks in the world.
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awful lot of events to process each day. Data scientists and researchers
at LinkedIn analyse this mountain of data in order to aid decision
making, and design data-powered products and features. I could fill a
whole book on the many ways LinkedIn use Big Data, but here I just
want to look at a few key examples.
Much like other social media networks, LinkedIn use data to make
suggestions for their users, such as “people you may know”. These
suggestions are based on a number of factors, for example if you
click on someone’s profile (in which case, it’s reasonable to assume
you may know them, or someone else by that name), if you worked
at the same company during the same period or if you share some
connections. Also, because users can upload their email contacts,
LinkedIn use this information to make suggestions – not only for the
people you may know on the site but also for people your contacts
may know when they join the site. LinkedIn can also pull data about
users from other sites, such as Twitter, to make suggestions about
people you may know.
One of the features that set LinkedIn apart from other social media
platforms like Facebook is the way it lets you see who has viewed your
profile. And this feature recently got a lot more detailed: while you
used to be able to see how many had viewed your profile and who
the most recent viewers were, now you can also see what regions and
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industries those viewers are from, what companies they work for and
what keywords (if any) brought them to your profile. These insights,
made possible by Big Data, help users increase their effectiveness on
the site.
Finally, let’s not forget that LinkedIn need to pull in the revenue,
and they do this through recruitment services, paid membership and
advertising. Big Data has a role to play in increasing revenue as well as
improving the user experience. For example, in advertising – which
accounts for 20–25% of LinkedIn’s annual revenue – analysts work
with LinkedIn’s sales force to understand why members click on cer-
tain ads and not others. These insights are then fed back to advertisers
in order to make their ads more effective.
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no doubt that Big Data plays a large role in the company’s continued
success.
LinkedIn have also developed their own open-source tools for Big
Data access and analytics. Kafka started life this way, and other devel-
opments include Voldemort and Espresso (for data storage) and Pinot
(for analytics). Open-source technology like this is important to
LinkedIn because they feel it creates better code (and a better prod-
uct) in the long run.
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to hire more than 100 data scientists in 2015 (a 50% increase from
2014). But competition for the best data scientists is tough, especially
in California, and Shah admitted that “there is always a bidding war”.
Although more people are entering the field, it’s likely this skills gap –
where demand for data scientists outstrips supply – will continue for
a few years yet.
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http://www.cnbc.com/2015/06/04/big-data-is-creating-big-career-
opportunites.html
http://venturebeat.com/2014/10/31/linkedin-data-science-team/
http://www.mediapost.com/publications/article/251911/linkedin-to-
pay-13-million-to-settle-battle-over.html
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