Unlock untapped revenue sources for your organization.
Data is becoming a highly valuable asset for organizations both public and private and the availability of data is increasing exponentially. Among these rising volumes of data, firms must be able to recognize and identify new business opportunities and to use data successfully to open new revenue sources.
With sophisticated Data Exchange technology, organizations can share, distribute, source or commercialize data products across their entire ecosystem of customers, partners, and suppliers.
A comprehensive Data Exchange capability enables internal and external, direct and indirect data valorization:
Dawex Data Exchange technology is a launchpad for the creation of new business models, innovative products, the development of new data-driven services, and the strengthening of all relationships across an organization’s ecosystem.
Dawex Data Exchange technology adds powerful governance, security and traceability layers to help organizations industrialize and scale data exchange, fully tapping into the potential value of their data.
1. Direct Data Valorization
Direct data monetization is the "direct" generation of revenue by selling data to another organization, public or private.
4 main ways to leverage direct monetization of data:
2. Direct Platform Access Valorization
Direct Platform Access Valorization is using a specific business model for the external and internal data providers and data acquirers to access the platform, to drive recurring monthly and/or annual revenue for the orchestrating organization.
Orchestrators of such data marketplace can implement a business model combining 3 possibilities:
3. Indirect Data Valorization
Indirect data monetization is using your data to produce insights that can improve your organization's business performance.
Organizations can use the data they produce to improve their activity, and:
Generating new revenue streams leveraging the potential of data, whether through internal or external, direct or indirect, requires a trusted and secure data exchange environment.Only advanced, specialized technology and expertise can accompany organizations in their journey.
Mitigating risks is a challenge all organizations face, and it seems even more essential when it comes to data exchanges, data sharing and data transactions.