But in many cases, the value in the data is not that people will be willing to pay money for bulk downloads or access to raw data, but in data products that complement a firm’s existing offerings.
Group items tagged
How Bayer uses big data, in-memory computing for divisional reporting | Business Cloud ... - 0 views
Industrial Data Space - 0 views
Here's how much your personal data costs on the dark web - Business Insider - 0 views
Selling Data | The Data Exchange - 0 views
Forbes - 0 views
Predictions For The Data Economy In 2015 | Forrester Blogs - 0 views
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Data services become a must-have add-on to product sales.
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Data analysts and data scientists will publish application programming interfaces (APIs) to Azure Marketplace web services, making insights all the more accessible
The future of the data economy: how to measure the true value of your data assets | Inf... - 0 views
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data as the new currency’ and we try to give it a price tag. Typically, data is worth what someone is willing to pay for it.
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63% of respondents consider that the monetization of data could eventually become as valuable to their organisations as their existing products and services.
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Interestingly, the most valuable individual asset that creditors are vying for is Caesar’s Total Rewards Loyalty Program, the company’s big-data customer loyalty program that it has been built over the last 17 years and is said to have data on more than 45 million customers. This data is valued by creditors at $1 billion – that’s a fairly large number. It exceeds the value of any of Caesar’s physical Las Vegas properties, which really puts the value of data in perspective.
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