Data Monetization: A Complimentary Guide for Enterprise

Summary

Download our data monetization guide on how to transform big data into a viable product. See how leading enterprise CDO / CTOs from Vodafone & Mastercard do it.

This post may describe functionality for an old version of CARTO. Find out about the latest and cloud-native version here.
Data Monetization: A Complimentary Guide for Enterprise

The global data monetization market is projected to reach over $370 billion by 2023. 68% of organizations will increase investment in Spatial Data Science over the next two years (according to The State of SDS in Enterprise) leading to a soaring demand for spatial data of all types.

Alongside recent enhancements to our own Data Observatory and following years of experience helping industry leading companies (such as Vodafone  and many others) with their data monetization strategies  we have produced a report to provide best practices for organizations aspiring to monetize their spatial Big Data externally.

Graphic showing a preview of report with a link to download


Want to start monetizing your data?

Download the full report

Transforming Data into a Viable Product

Once you have identified which of your data assets have the potential to be monetized  the next step is to transform them into a viable product. The report looks into seven key areas in detail which need to be considered.

Graphic showing a preview of the section Transforming Data into a Viable Product


Why Spatial Data is a Special Case

Building a spatial data product adds an extra degree of complexity  and certain additional factors need to be taken into account. Download the full report to discover what these are.

Graphic showing a preview of the section Why Spatial Data is a Special Case


Integrating with a Data Marketplace

In recent years  with the rise of data monetization and related industries  many data marketplaces have also emerged  centralizing the commercialization of an array of data products from different providers. Examples of such commercial data exchanges are AWS Data Exchange  Snowflake Data Marketplace  GCP Commercial Datasets  and CARTO Data Observatory.

Data monetization is a highly attractive market and can be complementary to your core product and service offerings. Download the full 28 page report  "Spatial Data Monetization 101 " to see all of our recommendations and insights.

Want to learn more?

Download the Report