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Uranus 2324 NYC FanMeet: December 2, 2023
In today’s digital-first economy, data has evolved into one of the most valuable assets a business can possess. But having data is only part of the equation—the true differentiator lies in a company’s ability to turn raw information into revenue. This process, known as data monetization, is rapidly reshaping industries by transforming how organizations perceive, manage, and leverage their data.
Data monetization refers to the practice of generating measurable economic benefits from data assets. This could involve directly selling data to third parties, creating new data-driven products, or using internal insights to enhance operational efficiency and customer engagement. Whether it's through targeted advertising, dynamic pricing, or predictive analytics, businesses are discovering innovative ways to make their data work for them.
One of the key drivers behind the surge in data monetization is the exponential growth of data itself. From IoT devices and online transactions to social media interactions and mobile…
