Data marketplaces transform how enterprises access and utilize data. With the world shifting heavily toward digital experiences, businesses must enhance their decision-making to drive greater innovation and unlock new revenue streams. Data marketplaces productize data, providing a structured environment for users to transact with data. Furthering data engineering initiatives that maximize the data’s potential creates a concurrent cycle of investments and returns for companies. Data marketplaces offer a platform where companies can use their data to develop valuable services for their customers.
Brillio’s vision for a data marketplace solution
Brillio’s data marketplace solution is a transformative online transactional platform designed to unlock the value of data across diverse ecosystems. The platform ensures live access to ready-to-query datasets, connecting business partners, customers, and third-party buyers, and sellers. By facilitating seamless data sharing and enabling monetization, our solution helps customers drive faster decision-making through actionable insights. Our forward-thinking approach positions the data marketplace solution as a powerful tool for enterprises aiming to capitalize on data while driving collaboration and innovation across a customer’s ecosystem.
Why we excel at helping enterprises monetize their data
Lead with experience: We lead with experience by offering a highly persona-driven UI and a simplified user experience. To enhance usability and engagement, we incorporate features like catalog recommendations, data quality scores, and crowdsourcing feedback. We help our customers implement governance workflows to ensure data integrity and compliance.
Technology strategy: We develop a technology strategy by helping customers evaluate the build vs. buy decision for tools and financial models to assess cost-effectiveness and make informed technology choices that align with business goals.
Technical architecture: We envision a technical architecture that includes a SaaS application strategy to ensure integration with BI tools or a custom GUI is done to integrate with existing or new data platforms.
Change management: We implement change management by defining the operating model and specifying persona-based roles within the ecosystem. Widespread adoption and understanding of the changes are evangelized with stakeholders.
Read the full article to learn more about how Brillio’s data and AI services help enterprises monetize their data.
