I will discuss the interpretation of collider data in a model-independent framework of effective field theory (EFT) beyond the standard model (SM). This involves extending the SM Lagrangian by a set of higher-dimensional operators. Possible effects of these operators are, e.g., modified couplings of the SM Higgs and gauge bosons or new contact interactions involving four SM fermions. In the talk I will discuss the current constraints on these operators and the future prospects to probe new physics with EFT methods.