The data economy is a major factor for global economic development.
By treating this new economy as a market, we can create a real data market, enabling any company or organization to benefit from the added value of data circulation. The data economy and the possibilities it represents are endless.
Already stimulated by Internet giants, telecom operators, and insurance companies, as well as by the growth of open data, this data economy will develop for the long-term, representing a sustainable market in the truest sense, thanks to the contributions of all companies – from startup to large companies – in the drive to circulate data and derive value from it.
What type of data can be exchanged or acquired? Should there be a cost, and if so, how much? What are the risks, and what contractual and legal framework should apply?
We have observed that there is a need for education on this topic, and for tools to approach questions related to data monetization and generating value.
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