LAS VEGAS -- Google knows almost everything connected to the Web, but there is one major source of untapped data the company has scarcely touched to date. Can you guess that area? If you cried "e-commerce transactions" you would be right, according
to analysts at the Gartner Symposium ITexpo 2008 here April 10.
Thanks to a powerful database management system and corresponding
technologies, the company is able to access just about anything that
hasn't been encrypted, said Gartner analyst Richard Hunter in his
presentation on what kind of information Google corrals on the world.
The one area where Google isn't particularly strong is in e-commerce
transactions, where its Google Checkout platform sees only about 1
percent of what is sold on the Internet. "This is obviously an area of great interest for them because so
much of their current revenue is devised of advertising," Hunter said. The conversation shed a new light on the rumor that Google could buy online travel power Expedia.
Some financial analysts applauded this notion, while others booed the
premise. The naysayers claimed Google would be broadening its business
too much, while the cheerleaders claimed Google would be able to tap a
new world of advertising.
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