Monetize anonymized datasets for new revenue and ROI
Data monetization allows you to realize the value of your data and secure new revenue from data assets without commercial or privacy risk. Your business can engage in one-off data exchange projects or monthly agreements with recurring revenue from datasets.
Add datasets to the Data Republic Catalog to allow certified users to request access to data and negotiate commercial agreements, all on the Senate platform.
Data Monetization in Action
The Chief Data Officer at a major telco was tasked with monetizing the organizations datasets. Without a streamlined way to manage legal negotiations, find partners who wanted access to the data or the technical method to manage the exchange, the program was continually stalled.
With the Senate platform the telco was able to add the dataset to the Data Republic Catalog and assess the appetite from trusted participants for this type of data. Only approved partners were able to access the data and negotiations were managed within projects. Security and privacy risks were managed, so data monetization was simplified and scalable.
The telco now has a recurring monthly revenue stream from de-identified datasets, with more than 30 partners collaborating on data projects through the Data Republic Catalog.
What will your team accomplish with
The governance platform for secure data collaboration
The Senate Data Exchange Platform solves the data security and privacy barriers to data collaboration, making it simpler and more secure for your organization to manage data monetization.
How it works
List approved data packages and licensing terms on the Data Republic Catalog.
Scale data monetization simply and securely by managing multiple licensing projects from the Senate platform.
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