Will Facebook Inc (FB) become the Amazon.com, Inc. (AMZN) of Big Data?

While Facebook is #1, Google is in a strong position at #2, and #3 with its ownership of YouTube (bought in 2006). Even though Microsoft and Apple are not in the top 5, each brings considerable firepower of its own onto the Big Data battlefield.

With its Internet Explorer Web browser, Bing search engine, and other resources, Microsoft has years of data collection that could be peerless. The Bing search engine continues to upgrade the Big Data potential of Microsoft.

Apple has been building up its Big Data position through the buying of smaller firms. As an example, Apple bought a number of proprietary mapping firms to develop its app for this service. The plethora of apps that Apple offers huge amounts of data collection for Big Data utilization. Even with these efforts, Apple is still far behind Microsoft and Google in developing a Big Data presence.

But Facebook is in a potentially commanding position which should only increase. Its membership continues to expand, as does its usage. As of December, more active users were accessing Facebook with mobile devices than other Web browsers.

From that and other factors, Facebook should be able to ascend to a role of primacy in Big Data as has Amazon in the cloud. While Facebook shares are still well below the 52-week peak of $45.00, there has been a surge of more than 40% in the price level for the last quarter of market action. If Facebook capitalizes on its unique position in the Big Data sector, Foolish investors could be looking at even more gains ahead in the stock price of the social media giant.

Will Facebook Inc (FB) become the Amazon.com, Inc. (AMZN) of Big Data?

Published on February 19, 2013 at 3:02 pm by The Motley Fool in News

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Published on April 11, 2024 at by Inan Dogan, PhD

50-year Wall Street Insider Names #1 stock for AI “Tidal Wave”

Published on April 1, 2024 at by Insider Monkey Staff