11/3/21, 10:06 AM
How Businesses Would Benefit from Third-Party Data Marketplaces - Karl Motey | Technology
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How Businesses Would Benefit from Third-Party Data Marketplaces by Karl Motey | Nov 3, 2021 | karl motey, technology
Third-party data marketplaces are probably not something that the average person thinks about every day, yet they can significantly impact businesses around the world. A thirdparty data marketplace is essentially a database maintained by one or several companies specializing in the practice. They collate the data, and any business that buys in gets the benefits. Why does having access to third-party marketplaces help businesses? There are a variety of reasons, not all of which could concisely fit inside a single article. However, here are some of the top reasons. Centralized Sources of Data One obvious benefit of third-party data marketplaces is that all data is stored in one centralized location. This makes it simpler for companies to receive the data necessary for running the business. For example, once upon a time, a company would have to run their own research to stand any chance of getting a specific answer. Now, there’s a high possibility that the information https://karlmotey.info/how-businesses-would-benefit-from-third-party-data-marketplaces/
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