20th AIAI 2024, 27 - 30 June 2024, Corfu, Greece

Data Monetization Opportunities and Challenges: The European Landscape by DATAMITE

Christos Gizelis, Maria Panagiotidou, Sotiria Petrova, Daniela Fuchs, Margit Hofer, Marcin Plociennik, Agnieszka Rausch, Santiago Cáceres Elvira, Liliana Beltrán Blanco, Gabriel Gonzales Castane, Vivi Lähteenoja, Udo Bub, Polina Petrova, Martina Bogdanova, Elisa Cauche

Abstract:

  In Europe, data monetization presents a promising goal for new revenue streams exploiting the power of the data. Nevertheless, obstacles such as regulatory environment and internal organizational constraints create a skepticism. DATAMITE project addresses these challenges and proposes a holistic framework designed to streamline the data monetization journey. Offering modules centered on data governance, quality assurance, and security, DATAMITE equips stakeholders with the tools necessary to optimize the value of their data. By ensuring trust and fostering collaboration, DATAMITE assures the expansion and competitiveness of European industries in data market. Through its comprehensive approach, DATAMITE aims to unlock opportunities and guide European enterprises towards success in the dynamic landscape of the digital economy.  

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