Data commercialization is the process of monetizing data by selling, licensing, or leveraging it to create new products and services for external customers. Businesses can commercialize data by offering raw datasets, providing analytics-driven insights, or integrating data into value-added solutions.
Platforms like Monda help organizations unlock the economic potential of their data by facilitating secure data exchanges, compliance management, and data productization. The concept of data commercialization has gained prominence in the 2010s and 2020s, as companies recognize data as a key revenue-generating asset in the digital economy.
Monda makes it easy to create data products, publish a data storefront, integrate with data marketplaces, and manage data demand - data monetization made simple.
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