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The Monetization of Technical Data
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The Monetization of Technical Data : Innovations from Industry and Research

2023 ed.

Book Details

Format Hardback or Cased Book
ISBN-10 3662665085
ISBN-13 9783662665084
Edition 2023 ed.
Publisher Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Country of Manufacture GB
Country of Publication GB
Publication Date Jan 2nd, 2023
Print length 650 Pages
Ksh 32,400.00
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The monetization of data is a very young topic, for which there are only very few case studies. Because machine data is usually unstructured and not usable without domain knowledge/metadata, the monetization of machine data has an as yet unquantifiable potential.

The monetization of data is a very young topic, for which there are only very few case studies. There is a lack of strategy or concept that shows decision-makers the way into the monetization of data, especially those who have discovered or are threatened by the digital transformation or Industry 4.0. Because machine data is usually unstructured and not usable without domain knowledge/metadata, the monetization of machine data has an as yet unquantifiable potential. In order to make this potential tangible, this work describes not only contributions from science, but also practical examples from industry. Based on different examples from various industries, the reader can already become part of a future data economy today. Values and benefits are described in detail.


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