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Stock impact report

Succeeding In The Data And AI Marketplace: 5 Lessons For Monetizing Data And AI [Forbes]

ZoomInfo Technologies Inc. (ZI) 
Company Research Source: Forbes
getty Did you know that almost half of organizations now see data products as tied directly to analytics and AI? Companies don't just want data. They want AI-augmented data to predict customer behavior, optimize pricing or improve other business outcomes. This momentum is mirrored in the Data-as-a-Service (DaaS) market, which is projected to hit $51.6 billion by 2029 . This model, as I've explained in a previous article , provides access to raw data from various sources. Companies monetize access to this data through subscriptions or fees. If you've ever thought about monetizing data—whether as a product or a service—there are now opportunities to do so. In this playbook, I'll share strategies based on sellers who have succeeded in data marketplaces. 1. Use AI to prepare high-quality data products. High-quality data isn't optional—it's table stakes. Poor data leads to bad decisions, missed opportunities and significant revenue losses for organizations. Garbage in, garbage Show less Read more
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