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Kasabi Shuts Down Due to Slow Market Growth

By   /  July 10, 2012  /  No Comments

by Angela Guess

Bobbie Johnson of GigaOM reports, “Kasabi, a platform that hosted and published linked data, is closing down after owners Talis Systems said the market was growing too slowly to be sustainable. The UK-based company allowed anyone to publish data sets, create APIs and use tools to combine and recombine them with each other. It was spun out of Talis, a semantic web developer that focuses on moving information to the web, last year. But after just over 12 months on its own, the parent company said that while the opportunities were still interesting they were too large and too slow-moving to be sustainable. It said that the market for linked data wasn’t panning out as it expected, and it was ‘time to admit that Kasabi is not getting the traction we thought it would’.”

Johnson quotes the announcement sent to users of Kasabi: “Over the last few years Linked Data has been going from strength to strength. Many more organisations are now seeing the benefits of applying semantic web technologies to help publish, share, and create value from data. As part of the Talis Group, Talis Systems has invested an incredible amount of time and effort in playing its part to help foster the vision of a web of data. Over the years we’ve had many successes, creating a flexible data platform and building a world-class consulting team. We’ve worked with many different organisations across many different sectors and seen some exciting projects bear fruit. But there is a limit to how much one small organisation can achieve. In our view, the commercial realities for Linked Data technologies and skills whilst growing is still doing so at a very slow rate, too slow for us to sustain our current levels of investment.”

Read more here.

photo credit: Kasabi

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