(1.17) To Hoard or to Harvest? Navigating the Decision to Build Your Data Warehouse or Sell Your Insights
A Talk by Braulio Fernandes , Sanjay Manandhar , Thomas Hazel and Michelle Bradbury
About this Talk
Explore the strategic decisions surrounding data commoditization for businesses, specifically delving into the considerations of whether to build and maintain a data warehouse or to capitalize on data assets by selling them to external parties.
During this session, we’ll discuss:
- When is it strategically beneficial for a business to build and maintain its own data warehouse?
- What are the different models for monetizing data, and how do businesses typically approach this aspect?
- How can companies navigate compliance with data protection regulations while monetizing data?
- How do businesses assess the competitive landscape and determine if selling data provides a competitive advantage?
This session is part of Startup Boston Week 2024 and is perfect for Series A and Series B startups who are interested in strategic decision-making regarding data management and commoditization.