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Tag: data monetization

Social Cooling: Living in a Big Data Society

Dec 28, 2020 |

“Data is not the new gold, it is the new oil, and it damages the social environment,” stated Tijmen Schep. Strong words, indeed. But if you’ve been inundated with articles espousing all the wonders that Big Data brings over the last few years, then it’s high time for a wake-up call. Read more…

Crazy Idea No. 46: Making Big Data Beneficial for All

Jul 17, 2020 |

Now here’s a crazy idea: What if the data we all generate on a day to day basis benefited us, instead of the companies that collect it? It may sound nuts at first, but some AI experts see a future in which people hold full control over their data and smart digital assistants infused with AI work to protect and monetize a person’s individual’s data for his or her benefit. Read more…

Easy Money? Considerations for Building Out Your Data Monetization Practice

May 1, 2020 |

Three years ago, The Economist had concluded that oil was no longer the world’s most-valuable resource years ago, data was. In today’s data economy, FAANG stocks — Facebook, Amazon, Apple, Netflix, and Google (okay, Alphabet) are among the world’s most valuable firms. Read more…

Selling Your Data? Here’s What You Need To Know

Jun 20, 2017 |

If you’ve been collecting data for a while for your own analytical use, you’re hopefully getting some good value out of it. And it may not surprise you to find out that other companies may get value out of it, too. Read more…

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