The next generation of the internet and how data will win

"Data is your product, it drives the interface," says Oringer. "The more information you have the better your business is and the more competitive advantage you have."

Jon Oringer, founder and CEO of Shutterstock is pretty data crazy. Then again, he should be. His company currently stores around 1TB of data everyday. According to Oringer, data will win the internet and every single business is a data driven business even if it’s not the core product.

Speaking at the The Next Web conference in New York City, Oringer outlined three ways that data is driving business today and how this will define the next generation of the net. He highlights that not only data driven technologies and but data driven behaviours will change this.

He says his photo market place, which went public in 2012, is at its core a tech company that is driven by data.

By Michelle Atagana

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