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EP 154 - How are data marketplaces streamlining data monetization

EP 154 - How are data marketplaces streamlining data monetization

FromIndustrial IoT Spotlight


EP 154 - How are data marketplaces streamlining data monetization

FromIndustrial IoT Spotlight

ratings:
Length:
47 minutes
Released:
Nov 22, 2022
Format:
Podcast episode

Description

Our guest this week is Nick Jordon, founder and CEO of Narrative. Narrative is a category creating company that has redefined data commerce by helping organizations acquire and monetize data more efficiently. In this talk, we deep dived into data monetization, from common use cases to marketplace pricing mechanisms and data quality assurance. We also explored how large, mature companies can monetize data from customer interactions with their products to improve margins. Key Questions: What are the buyer and seller  dynamics of a data marketplace?  Which use cases are mature today, and which are being tested? How are prices and purchase rules set rules on the platform, and by whom? What is the process to guarantee data ownership and accuracy?  
Released:
Nov 22, 2022
Format:
Podcast episode

Titles in the series (100)

The IIoT Spotlight Podcast shines a light on Industrial IoT solutions that are impacting businesses today. Every week, we interview an expert about IoT markets, technologies, or use cases. Our goal is to provide insight into the planning and implementation of IIoT systems, from new business models to technology architecture selection to data ownership and security. Our host, Erik Walenza, CEO of IoT ONE, has worked in China for 11 years and he is an active member of the Chinese innovation ecosystem. He is passionate about exploring the impact of digitalization in businesses, and through his position as Chair of the Technology and Innovation Committee in China he plays an active role in the exchange of best practices for innovation strategy and tech trends evolution in Asia, but also worldwide. Erik has interviewed over 100 CEOs and venture capitalists while building one of Shanghai’s largest entrepreneur networks. The IIoT Spotlight is produced by IoT ONE. IoT ONE is a specialized consultancy that researches digital landscapes and supports the development and implementation of digital transformation strategies in Asia and beyond. Don't forget to follow us on LinkedIn @iot-one or visit our website at www.iotone.com. You can contact Erik directly at erik.walenza@iotone.com.