Wednesday, May 15, 2013

Data Monetization

Freely transportable and usable data is becoming an increasingly important and valuable commodity in business. The advent of data monetization has provided an economic framework to guide the collection and use of data and offers a basis for its valuation. Data can be monetized through its sale for cash, for other data, or for other monetized assets. Certainly one of the major value components of data is its transportability and platform independence, which makes its more readily usable for its intended purposes. Here's a recent article on the subject.

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