Understanding How Data Monetization Works Reimagining your data as a monetary tool has numerous benefits, such as increased competitive advantage, streamlined operations, the creation of newer revenue streams, amongst others. The practical examples of data monetization being used in various industries can be an eye-opener for many businesses that are currently not monetizing their data.
Data monetization is the process of using company-generated data as a monetary tool. In today’s day and age, data is a valuable instrument of power for organizations and governments worldwide,…