April 1, 2015
Single purpose API
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Waiters like to work in pricey restaurants serving wealthy patrons because they are able to pay for high class service. That's also why you see so many professionals in the banking industry: it pays to work for people with money. Xignite took note of this and decided to become the Maitre'd of information to the financial industry. With more than 3.5 Billion calls per month to its Xignite APIs, it is doing a fine job of it, as well.
Imagine if you could peek into your users' checking accounts and see what they earn. In a way, you can. A creative new API from big data trailblazer InfoChimps uses IP geolocation to return U.S. Census data, including annual income. There are also updates to the company's Twitter influence and trust data APIs.
The ability to analyze information and use the results to make more informed decisions is something that interests a lot of people. Developers, publishers, and small to large business owners all collect an overwhelming amount of data pertaining to the work that they do. Employing a staff of analysts to sift through the onslaught of what can sometimes seem to be useless information is obviously one way to solve this problem, ‘Machine Learning’ is another.