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7. Data Marketplaces

Chapter 7. Data Marketplaces

By Edd Dumbill

The sale of data is a venerable business, and has existed since the middle of the 19th century, when Paul Reuter began providing telegraphed stock exchange prices between Paris and London, and New York newspapers founded the Associated Press.

The web has facilitated a blossoming of information providers. As the ability to discover and exchange data improves, the need to rely on aggregators such as Bloomberg or Thomson Reuters is declining. This is a good thing: the business models of large aggregators do not readily scale to web startups, or casual use of data in analytics.

Instead, data is increasingly offered through online marketplaces: platforms that host data from publishers and offer it to consumers. This article provides an overview of the most mature data markets, and contrasts their different approaches and facilities.


  

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