Long ago I mentioned what I called “vertical analytics” and how blogs may be the next analytics frontier. Fast forward to the present, and blog analytics are “been there, done that.” (The product demo I saw in a hotel room at SES never saw the light of day; the originator went on to other things – and remains active in “general” web analytics.)
I still think vertical analytics is bound to happen. Witness Atlanta-based Indie Music, whose service Band Metrics — “Analytics For The Music Industry™”, scored angel financing back in November. More than one press report about the financing used a variant of the phrase “Google Analytics of the music industry.”
Compared with some of the graybeards of Business Intelligence, the Web Analytics “industry” has not yet left adolescence. But I think many of the lessons learned in the greater web analytics field, combined with more powerful machines and a greater “popular culture” around number crunching, are going to lead to analytics for very specialized fields. At a minimum, it might move us away from generic tools that look at the Web to tools that have specific knowledge of a particular business — kinda like a specific solution for scheduling & billing for dentists vs. bringing in Oracle Applications and Accenture. What can be bad about that?
Could this be a new analytics growth opportunity, or perhaps just a land grab? Here’s a thought experiment: check out XXXanalytics.com (where XXX is whatever interesting business you can think of) and see if it’s already taken. I tried a half-dozen while composing this post and I was surprised how many were already claimed…
(Interestingly, XXXanalytics.com itself is not taken, nor is dentistanalytics.com)