Data monetization: the 5 rules for extracting new value from your data
With data monetization - the monetization of data, which is the process of strategic analysis and practical implementation that allows you to use data as a source of revenue - companies can transform data they have collected into monetizable value just like other assets. In fact, data monetization becomes a strategy that allows companies to virtuously recover the investments made on IoT and IIoT infrastructure, systems and platforms, accelerating their evolutionary path and designing new business scenarios.