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How Data Marketplaces Add Efficiency, Security to Global Commerce

Guido Coenders

In today’s business world, companies are discovering that data–both their own and that of others–can help them grow both their business and their customer base. Data analysis, for example, can provide greater insight into the needs of current or future customers, or help spot new opportunities. Data sharing can promote goodwill, enable stronger collaboration among peer companies and generate cost savings for the participants. And monetization of new or enhanced data sets can provide revenue and a competitive edge. Data marketplaces can provide a virtual setting for all of these transactions. Underpinned by secure, high-bandwidth, low-latency digital infrastructure, data marketplaces allow…

The post How Data Marketplaces Add Efficiency, Security to Global Commerce appeared first on Interconnections - The Equinix Blog.

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Posted by Guido Coenders on Oct 5, 2022

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