Stephen O’Grady (RedMonk):
Absent a market with well understood licensing and distribution mechanisms, each data negotiation — whether the subject is attribution, exclusivity, license, price or all of the above — is a one off. Without substantial financial incentives, such as the potential returns IBM might see from its vertical Watson applications, few have the patience or resources to pursue datasets individually. We’ve experienced this firsthand, in fact; as we’ve looked for data sources to incorporate into RedMonk Analytics, conversations around licensing have been very uneven.
RedMonk is an analysts company needing the data to improve their services. And they are prepared to pay for accessing it. But what about researchers or market observers like myself?
I’ve expressed concerns in the past about the direction the data market is going. At least in terms of regulations. While I’ve tried to be optimistical about Big Data adoption, Stephen’s post made me realize that we are getting fast into the age of data monopolies.
Welcome back data silos!
Original title and link: Licensing and Distribution Holding Back the Age of Data ( ©myNoSQL)