Currently there is too much data available online and the biggest challenge for search companies today is their ability to store and present data in a structured format. It is always easier to comprehend and get answers out of data which is neatly labeled, structured, and categorized. Adding structure to all the data online makes a lot of sense and Google has started working on this problem with a Google Labs project called Google Squared.
Google Squared extracts data from Web pages and presents them in search results as squares in an online spreadsheet. It is launching later this month maybe on 25th or 26th May in Google labs.
Google Squared returns search results in a spreadsheet format. It structures the unstructured data on web pages. So a search for Roller Coaster returns results with name, image, description, height, length, number of inversions, etc., in columns and rows. Google is looking for data structures on the web that imply facts, and then grabbing it for Squared results.
Following is a video available on youtube demonstrating Google Squared
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