Data as a new Markets

by Phuong H
In the article ” Data Markets: The Emerging Data Economy” written by Gil Elbaz, the author talks about how people turn data into a new market where they collect, analyze and sell it to the market. There are advantages for both parties. One can make money out of it, the other can use the data and don’t have to maintain it. The author also give 2 examples of data markets like: Jigsaw and Kaggle. Jigsaw is a collection of contact information collect from individual and organization. On the other hand, Kaggle is more of a community where company provide the data and people from around the world join and analyze the data and make prediction, find pattern or whatever the goal of the project is. And in return, these contributor will get a reward. read more...

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