Making meaningful business data become streaming revenue
We put together a high level methodology for objective settings
and use cases – a deep analysis of your business current state and a strategic action plan.
Data monetization is the process through which we help organizations take the data they collect from customer subscriptions and interactions, and organize it into added value services and solutions, that they can use for their own benefit or to resell to third parties. Data monetization typically means new data-oriented revenue streams for our customers.
WHICH DATA HOLDS VALUE? HOW MUCH IS YOUR DATA WORTH? TO WHOM?
By using Data Monetization Strategy we identify, gather and combine data so that it holds the intended value for your business challenges.
The value data can hold depends mostly on the importance that data has for whoever needs it.
The frequency and amount of data generated, as well as the complexity and detail, can also help define the value of the data. Plus, the exclusivity and the usability makes data value also rise.
Understand, predict and react to market changes, customer preferences, expectations and behaviors… making your important business decisions more meaningful and profitable.
A detailed data strategy allows us to have different kinds of data and purposes, both to sell/trade to partners and to upgrade and develop new business models.