Market analysis of a data platform in the European data ecosystem

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dc.contributor.authorCastane, Gabriel G.en
dc.contributor.authorMartinez, Alejandroen
dc.contributor.authorRamadan, Qusaien
dc.contributor.authorGkika, Zanetaen
dc.contributor.authorPanagiotis, Mpempisen
dc.contributor.authorVyhmeister, Eduardoen
dc.contributor.funderHORIZON EUROPE Digital, Industry and Spaceen
dc.contributor.funderScience Foundation Irelanden
dc.date.accessioned2024-09-03T15:25:02Z
dc.date.available2024-09-03T15:25:02Z
dc.date.issued2024-06-23en
dc.description.abstractIn the era of data analytics, industries can use data to enhance market analyses and seek better opportunities for current, or new, business opportunities. Furthermore, companies can consider their data as an intangible asset, allowing expansion, by a proper market analysis, and economic opportunities through data monetization. These strategies define the use of data for indirect and direct purposes. Despite the idea of adopting data monetization practices, a considerable gap exists between expectations and reality. For example, the definition of strategies, methods, and analyses to perform data valuation. This gap necessitates a comprehensive exploration considering the different nuisances of data monetization. To achieve a broader understanding of the data monetization landscape, a market evaluation, through an exploration of the market environment and the stakeholders involved, is necessary. The present work contributes to this understanding by facilitating a market analysis for data valuation within the European community. This analysis aims to shed light on critical aspects influencing the valuation of data in the European context, offering insights into the market dynamics, emerging trends, and the evolving landscape of data monetization strategies within this region.en
dc.description.statusPeer revieweden
dc.description.versionAccepted Versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.citationCastane, G.G., Martinez, A., Ramadan, Q., Gkika, Z., Panagiotis, M. and Vyhmeister, E. (2024) ‘Market analysis of a data platform in the european data ecosystem’, in I. Maglogiannis, L. Iliadis, I. Karydis, A. Papaleonidas, and I. Chochliouros (eds) Artificial Intelligence Applications and Innovations. AIAI 2024 IFIP WG 12.5 International Workshops. Cham: Springer Nature Switzerland, pp. 94–108. Available at: https://doi.org/10.1007/978-3-031-63227-3_7en
dc.identifier.doi10.1007/978-3-031-63227-3_7en
dc.identifier.endpage108en
dc.identifier.isbn9783031632266en
dc.identifier.isbn9783031632273en
dc.identifier.issn1868-4238en
dc.identifier.issn1868-422Xen
dc.identifier.startpage94en
dc.identifier.urihttps://hdl.handle.net/10468/16253
dc.language.isoenen
dc.publisherSpringeren
dc.relation.ispartofIFIP Advances in Information and Communication Technologyen
dc.relation.ispartofArtificial Intelligence Applications and Innovations. AIAI 2024 IFIP WG 12.5 International Workshopsen
dc.relation.projectinfo:eu-repo/grantAgreement/EC/HE::HORIZON-IA/101092989/EU/DATA Monetization, Interoperability, Trading & Exchange/DATAMITEen
dc.relation.projectinfo:eu-repo/grantAgreement/SFI/SFI Research Centres/12/RC/2289/IE/INSIGHT - Irelands Big Data and Analytics Research Centre/en
dc.rights© 2024 IFIP International Federation for Information Processingen
dc.subjectMarket analysisen
dc.subjectData monetizationen
dc.subjectData marketen
dc.titleMarket analysis of a data platform in the European data ecosystemen
dc.typeArticle (peer-reviewed)en
dc.typebook-chapteren
dc.typeConference itemen
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