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First and foremost, in the development of DP-related business models I’m seeking win-win solutions for consumers and businesses. As DP goes mainstream there will be proponents and opponents of a slew of different, important, and highly controversial aspects of DP. At the front of the line and at the top of my mind are privacy concerns. I actually think we have a chance to change privacy for the better, gain the (nearly) complete trust of consumers, and at the same time, provide businesses with better opportunities to engage in opt-in, targeted, 1-to-1 marketing. This is the holy-grail of DP IMO and the future of advertising.

This post represents a rough sketch-up of the future of DP and DP business models. It’s not quite the “sharing data between facebook and Myspace” that seems to be all the rage today. But I believe this is a realistic direction in which to head, and I think it makes a lot of sense to develop models that maintain customer privacy while sharing data in every aspect of their lives, not just on and over the Web. Furthermore, these models will help businesses employ next generation advertising that allow them to serve customers to the highest potential of the business.

My last column discussed the brand utility supported entertainment model in which content providers and marketers work upstream to create customized complimentary experiences. One option would be to align this model with the open standard objectives of DataPortability.org. Their mission: to gather "existing open standards into a blueprint for a social, open, remixable Web where your online identity, media, contacts and content can follow you wherever you go."

For brands and content creators, that means conversation would truly have to be initiated by the user. The user would own the data, and the brand content offering would have to be valuable enough to warrant an exchange. In essence, brand content would be bought with "data currency."

There are brand enthusiasts who participate in campaigns on an ongoing basis. Yet each time they return, these fans must register and sign-up for the full experience. If the brand were to embrace technologies such as OpenID, not only would it provide their fans access to cross-promotional properties around that campaign, it would also provide easy access to all future campaigns. And with future potential of data portability, people could take those experiences with them, introducing content to friends and hopefully igniting passionate new fans.

Data Portability and Cloud Ownership Posted July 21st, 2008 by Ross Fadner turn_ad_publisher = 2919766;turn_ad_publisher_ad_code = 2919800;turn_ad_layout = "300x250";turn_ad_publisher_channel = 2919778;turn_ad_manual_id = 24759350;<img height="1" width="1" border="0" src="http://ad.turn.com/r/error?errMsg=noiframe&adUrl=http%3A%2F%2Fad.turn.com%2Fserver%2Fads.htm%3F%26pub%3D2919766%26code%3D2919800%26cch%3D2919778%26l%3D300x250%26tmz%3D4%26area%3D1%26rnd%3D0.19900853499693383%26lmd%3D1216835834%26aid%3D24759350%26url%3Dhttp%253A%252F%252Fwww.mediapost.com%252Fblogs%252Fraw%252F%253Fp%253D671%26ref%3Dhttp%253A%252F%252Fwww.mediapost.com%252Fblogs%252Fraw%252F%253Fcat%253D16"/> In describing the state of the data portability movement, Alex Blum, CEO of KickApps, said, “we now have a situation where major Web players are vying to be the cloud—to provide the underlying technology for social graph data.” Blum duly noted that the idea scares both publishers and audiences, but Parity CEO Paul Trevithick, for one, doesn’t seem to think the Big Brother pretensions of the likes of Google are a foregone conclusion. “The point is architectural,” he said. “Facebook would say it should be us (that should be the gatekeeper of users’ data), but data goes in and doesn’t come out.” Instead, he said that, “people, themselves, as sovereign entities, should have the control.” This is the idea behind data portability: that users control their own data, and that that data is portable; i.e. it exists in many places without belonging to any of those places. As such, Trevithick said data portability would help bring about an Internet of the future where you don’t have to repeat yourself, because your data would exist in cloud that’s accessible whenever and wherever you go online.

You are at the center of the future internet, so it makes sense to begin by writing about Identity. It also makes sense because many of the participants in the modern identity movement are all connected through a single paper, which actually outlined a much more expansive vision than just Identity.

Search Monkey will be the first use of structured data by Yahoo, but they could potentially be used to affect other parts of the search results or ranking algorithms in the future, according to Kumar. Yahoo will provide more details at an upcoming developer conference it's planning in the coming weeks.

The DataPortability workgroup’s strongest voice, Chris Saad, noted among the DataPortability Design Principles that the mission ought to be less “fight the man” and more practical and useful goals. It will be interesting to see if the group’s finalized vision is limited to the import/export use cases, because these surely have the least potential. Otherwise, portability may not really matter to an average user, but the benefits to the user experience surely do, and I think selling DataPortability means selling the huge benefits of an efficient, distributed Web experience.

Forward-thinkers are creating innovative interfaces to your distributed data, and products are going to evolve quickly. Figuring out what portability means, what the best technologies are, and how this all looks from the user’s perspective are all pieces of a large puzzle that will strongly affect the future of the Web.

The report talks about the different types of software available in the market and key suppliers. Some of which are blog, social bookmarking, open-source social software etc sound are familiar. Although it also touches on software like social mining / intelligence,  HCM (Human Capital Management) social software and others which are relatively new.

It is almost impossible to predict which social software will get maximum hype going forward. I predict with the launch of OpenSocial and Facebook Connect - Social Data Portability will be the future of several social networks, followed by Social Mining (i.e. application of analytics to social content).