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jerryking : junar   1

Accessing Open Data via APIs: Never Mind the App, Is There a Market for That?
Mark Boyd, September 4th, 2013

But is the market ready to monetize? In Big Data: A Revolution That Will Transform How We Live, Work, and Think, authors Viktor Mayer-Schönberger and Kenneth Cukier argue that at present, those with “the most value in the big data value chain” are those businesses and entrepreneurs with an innovative mindset attuned to the potential of big and open data. While still in its nascence, “the ideas and the skills seem to hold the greatest worth”, they say. However, they expect:

“…eventually most value will be in the data itself. This is because we’ll be able to do more with the information, and also because the data holders will better appreciate the potential value of the asset they possess. As a result, they’ll probably hold it more tightly than ever, and charge outsiders a high price for access.”
data_scientists  open_data  massive_data_sets  entrepreneurship  start_ups  InfoChimps  Junar  mindsets  commercialization  monetization 
january 2014 by jerryking

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