• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Articles
  • News
  • Events
  • Advertize
  • Jobs
  • Courses
  • Contact
  • (0)
  • LoginRegister
    • Facebook
    • LinkedIn
    • RSS
      Articles
      News
      Events
      Job Posts
    • Twitter
Datafloq

Datafloq

Data and Technology Insights

  • Categories
    • Big Data
    • Blockchain
    • Cloud
    • Internet Of Things
    • Metaverse
    • Robotics
    • Cybersecurity
    • Startups
    • Strategy
    • Technical
  • Big Data
  • Blockchain
  • Cloud
  • Metaverse
  • Internet Of Things
  • Robotics
  • Cybersecurity
  • Startups
  • Strategy
  • Technical

DataMarket Offers a Big Data Marketplace for (open) Data Sets

Dr Mark van Rijmenam / 3 min read.
February 7, 2013
Datafloq AI Score
×

Datafloq AI Score: 63.33

Datafloq enables anyone to contribute articles, but we value high-quality content. This means that we do not accept SEO link building content, spammy articles, clickbait, articles written by bots and especially not misinformation. Therefore, we have developed an AI, built using multiple built open-source and proprietary tools to instantly define whether an article is written by a human or a bot and determine the level of bias, objectivity, whether it is fact-based or not, sentiment and overall quality.

Articles published on Datafloq need to have a minimum AI score of 60% and we provide this graph to give more detailed information on how we rate this article. Please note that this is a work in progress and if you have any suggestions, feel free to contact us.

floq.to/3mmRW

Company DataMarket
Address <a href=”https://www.google.nl/maps/place/
245+First+Street,+Suite+1800+Cambridge,+MA+02142+U.S.A.
/” target=”_blank”>245 First Street, Suite 1800 Cambridge, MA 02142 U.S.A.
Founders Hjlmar Gislason
Founded June 2008
Funding $ 1.2 million
Employees 12
Website www.DataMarket.com
Rating 6 bits

DataMarket, from origin an Icelandic Big Data startup, is an open portal offering access to thousands of datasets from leading providers from around the world. They are aggregating enormous amounts of heterogeneous datasets that can help business users in their planning and decision-making. In total they have collected over 45.000 datasets worldwide and users can search them on their website. Their goal is to find data, make it accessible and understandable for everyone to use.

They started with international datasets in early 2011 and their core functionality has always been to search, visualize, compare and download open datasets. This service has always been for free and they offered as well a premium service with additional options and premium datasets from providers such as the Economist Intelligence Unit. Their datasets are very easy to explore and users can combine different datasets in order to gain more insight.


Interested in what the future will bring? Download our 2023 Technology Trends eBook for free.

Consent

Recently, they have pivoted to a different business model however, with more focus on publishers than on subscribers. In October 2012 they started with a new paid service, the Data Delivery Engine. This is a white-label solution for organisations that want to share their data and offer a powerful search and visualization tool to its users on their own website. Customers include among others market research companies or financial data organisations such as the Yankee Group or LuxResearch.

A very interesting other feature is that it now allows publishers to upload their own data on DataMarket. They can do this for private use to test DataMarkets systems or they can sell their data (or give it away for free) online (with or without a prominent branding on DataMarket). This is a powerful feature and in fact they have become a marketplace for datasets where anyone can upload and sell their data to anyone interested. This will allow users to combine open datasets with private datasets for cross analysis and pattern analysis to discover new trends and markets across the globe. Unfortunately, at the moment the system to upload any datasets is still rather rigid and hopefully this will change in the (near) future. Another issue might be how to address any privacy issues that may arise out of organisations selling their data on DataMarket. Not all data can be sold to anyone and it is unclear how DataMarket deals with this issue.

In 2010 they won the awards for Best Service and Information Website as well as Most Interesting Website. They have no patents (pending) at the moment. DataMarket offers a lot of potential, especially because of the call by Neelie Kroes to open public data for all in 2011. DataMarket allows organisations to join this movement and even make some money out of it. It looks like that their pivoting in 2012 proves to be a good one, but they will have to watch out for any privacy issues that could occur now that more and more consumers are becoming aware of their privacy. BigData-Startups therefore gives Datamarket a 6 bits rating.

Categories: Big Data
Tags: Data, marketplace, public, startup

About Dr Mark van Rijmenam

Dr Mark van Rijmenam, CSP is a leading strategic futurist keynote speaker who thinks about how technology changes organisations, society and the metaverse. He is known as The Digital Speaker, and he is a 5x author and entrepreneur.

Primary Sidebar

E-mail Newsletter

Sign up to receive email updates daily and to hear what's going on with us!

Publish
AN Article
Submit
a press release
List
AN Event
Create
A Job Post

Related Articles

The Advantages of IT Staff Augmentation Over Traditional Hiring

May 4, 2023 By Mukesh Ram

The State of Digital Asset Management in 2023

May 3, 2023 By pimcoremkt

Test Data Management – Implementation Challenges and Tools Available

May 1, 2023 By yash.mehta262

Related Jobs

  • Software Engineer | South Yorkshire, GB - February 07, 2023
  • Software Engineer with C# .net Investment House | London, GB - February 07, 2023
  • Senior Java Developer | London, GB - February 07, 2023
  • Software Engineer – Growing Digital Media Company | London, GB - February 07, 2023
  • LBG Returners – Senior Data Analyst | Chester Moor, GB - February 07, 2023
More Jobs

Tags

AI Amazon analysis analytics application Artificial Intelligence BI Big Data business China Cloud Companies company crypto customers Data design development digital engineer engineering environment experience future Google+ government Group health information learning machine learning mobile news public research security services share skills social social media software solutions strategy technology

Related Events

  • 6th Middle East Banking AI & Analytics Summit 2023 | Riyadh, Saudi Arabia - May 10, 2023
  • Data Science Salon NYC: AI & Machine Learning in Finance & Technology | The Theater Center - December 7, 2022
  • Big Data LDN 2023 | Olympia London - September 20, 2023
More events

Related Online Courses

  • Oracle Cloud Data Management Foundations Workshop
  • Data Science at Scale
  • Statistics with Python
More courses

Footer


Datafloq is the one-stop source for big data, blockchain and artificial intelligence. We offer information, insights and opportunities to drive innovation with emerging technologies.

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Recent

  • 5 Reasons Why Modern Data Integration Gives You a Competitive Advantage
  • 5 Most Common Database Structures for Small Businesses
  • 6 Ways to Reduce IT Costs Through Observability
  • How is Big Data Analytics Used in Business? These 5 Use Cases Share Valuable Insights
  • How Realistic Are Self-Driving Cars?

Search

Tags

AI Amazon analysis analytics application Artificial Intelligence BI Big Data business China Cloud Companies company crypto customers Data design development digital engineer engineering environment experience future Google+ government Group health information learning machine learning mobile news public research security services share skills social social media software solutions strategy technology

Copyright © 2023 Datafloq
HTML Sitemap| Privacy| Terms| Cookies

  • Facebook
  • Twitter
  • LinkedIn
  • WhatsApp

In order to optimize the website and to continuously improve Datafloq, we use cookies. For more information click here.

settings

Dear visitor,
Thank you for visiting Datafloq. If you find our content interesting, please subscribe to our weekly newsletter:

Did you know that you can publish job posts for free on Datafloq? You can start immediately and find the best candidates for free! Click here to get started.

Not Now Subscribe

Thanks for visiting Datafloq
If you enjoyed our content on emerging technologies, why not subscribe to our weekly newsletter to receive the latest news straight into your mailbox?

Subscribe

No thanks

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

Marketing cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.

Please enable Strictly Necessary Cookies first so that we can save your preferences!