As the CEO of SCIKIQ, I am proud to introduce the world’s first Generative AI-powered Data Products Factory & Data Marketplace for effective Data Monetization. SCIKIQ Data Marketplace an innovative platform developed in partnership with AWS. This is not just another product—it’s a transformative breakthrough in how organizations unlock the true potential of their most valuable resource: data.

Imagine a future where any organization, regardless of size, can effortlessly convert its data into revenue streams, actionable insights, and game-changing innovations. With SCIKIQ’s no-code platform and the power of AWS Bedrock’s Generative AI, Data Monetization is now a reality. The platform simplifies the process of turning raw data into revenue-generating products, empowering enterprises to monetize their data faster, easier, and more effectively than ever before.

The Need for Innovation for Data Monetization

While 90% of enterprises collect vast amounts of data, only 10% monetize it effectively, leaving billions of dollars in revenue untapped. SCIKIQ’s marketplace changes this by automating the creation of data products and enabling seamless Data monetization, helping businesses transform their data into profit engines. SCIKIQ’s Data Marketplace changes this paradigm. By streamlining the creation and deployment of data products, we’re empowering industries such as telecom, banking, retail, and more to capitalize on the immense value of their data assets. This isn’t just about driving revenue. It’s about solving real-world problems, fostering collaboration, and enabling smarter decision-making through data.

Don’t just collect data—profit from it.

What Are Data Products and Marketplaces?

• Data Products: Reusable datasets or actionable insights tailored to specific needs, such as anonymized customer behavior, predictive models, or IoT data streams.
• Data Marketplaces: Centralized platforms that enable organizations to share, monetize, and access these products, seamlessly connecting data providers and consumers.

These tools dismantle data silos, unlocking scalable collaboration and new revenue channels while maintaining control and compliance and help Monetization possible.

How SCIKIQ Data product factory Works

Path 1: From Business Need to Revenue

• Input: Simple prompts like, “Help us predict service disruptions.”
• Process: AI-driven dashboards, pipelines, and predictive engines created in minutes.
• Outcome: Instant revenue generation through AWS Marketplace.

Path 2: From Data to Revenue Stream

• Input: Connect raw data streams.
• Process: AI identifies trends, risks, and opportunities, creating ready-to-sell products.
• Outcome: Monetize dormant data effortlessly.

Why Act Now? To Build New Revenue streams and Data Monetization

The data economy is expanding exponentially, and early adopters will lead the charge in transforming industries. Market leaders are already monetizing their data, and with SCIKIQ and AWS, you can too—at a fraction of the cost and time.

Impact Metrics:

• Time to Revenue: 10 minutes.
• Development Cost: $0.
• Revenue Potential: $100,000–$1 million per product.
• Scalability: Unlimited through AWS infrastructure.

Join the Revolution at AWS re2024

📍 Booth #580 | December 2–6, 2024
At the world’s largest tech event, AWS relevant experience how SCIKIQ transforms the future of data monetization. Bring your toughest data challenge and watch it turn into a revenue stream in real-time.

How Industries Can Leverage Data Marketplaces

• Manufacturing: Share production benchmarks and predictive maintenance data.
• Automotive: Sell sensor data for personalized insurance and traffic optimization.
• Retail: Monetize purchase patterns for brands and traffic data for real estate developers.
• Telecommunications: Provide movement patterns for urban planning and network usage for events.
• Banking: Offer merchant performance data and anonymized spending trends.
• Healthcare: Share treatment efficacy data with pharma and patient patterns with equipment makers.
• Energy: Sell power consumption data for smart city planning and renewable energy optimization.
• Transportation: Share route optimization for delivery companies and fleet metrics for manufacturers.
• Agriculture: Provide crop yields to seed companies and soil health data to fertilizer firms.
• Real Estate: Offer property trends to investors and occupancy data to facility managers.

SCIKIQ and AWS: A Partnership Built on Innovation

This groundbreaking marketplace for enabling Data products and Data Monetization is powered by SCIKIQ’s intuitive no-code platform and AWS’s robust capabilities:

• SCIKIQ: A plug-and-play solution to create data products and marketplaces effortlessly.
• AWS Bedrock: Enhances the platform with generative AI for data enrichment, predictive analytics, and natural language queries.

Generative AI is pivotal, automating:

• Data Preparation: Streamlining data cleansing and labeling.
• Pattern Discovery: Identifying trends and opportunities in datasets.
• User Accessibility: Making insights available through natural language queries.

Together, we are proud to introduce the first-of-its-kind platform that any organization can deploy to unlock the full potential of their data.

Join the Revolution at AWS reinvent 2024

This is more than a product launch; it’s a movement to redefine data monetization. Join us at the biggest tech event of the year to see how SCIKIQ and AWS are transforming the future of data. Together, let’s unlock the power of data to create a smarter, better world—one data product at a time.

Join the waitlist here https://marketplace.scikiq.com/registration/

Experience how SCIKIQ’s Data Product Factory can redefine your organization’s data strategy and drive unparalleled growth. Don’t just imagine the future of data. Experience it.

Don’t just collect data—profit from it.

Further read:
https://scikiq.com
https://scikiq.com/supply-chain
https://scikiq.com/marketing-use-cases
https://scikiq.com/retail
https://scikiq.com/healthcare-analytics
https://scikiq.com/banking-and-finance
https://scikiq.com/telecom
https://scikiq.com/blog/scikiq-innovative-data-fabric-architecture/