What is a data marketplace and what is it used for?

A data marketplace is a platform that connects data producers and data consumers, inside or outside the organization, through an intuitive interface similar to e-commerce websites. Main objectives Make data discoverable, accessible, and reusable by employees, partners, customers, or regulators No specific technical skills required Key features Centralization of the organization’s data assets Formats tailored to each user profile: interactive dashboards, exports, APIs, widgets Granular access rights management for security and compliance Difference from a data catalog Lets users consume and reuse data directly , not just describe it Creates operational, commercial, and strategic business value In practice, a data marketplace turns data investments into tangible value at scale for the organization.

What are the 3 main objectives of a data marketplace?

A data marketplace serves three complementary goals for the organizations that deploy it. The first objective is to improve productivity and reduce costs : by centralizing data and delivering it in the formats each need calls for, it eliminates manual consolidation tasks, removes silos between departments, and lets every employee find and use the data they need without going to the IT team. The result is a more agile organization where decisions are made faster, based on reliable, up-to-date information. The second objective is to improve decision-making at every level : by bringing all data assets together in a single source of truth, accessible to everyone in understandable formats tailored to their needs, a data marketplace gives teams the high-quality data they need to make better operational, tactical, and strategic decisions. The third objective is to create new revenue streams and monetize data : by extending the marketplace to external partners and customers, organizations can offer innovative data-driven services and products, create new value channels, and strengthen their ecosystem relationships while maximizing the value of their data assets.

What are the key features of a data marketplace solution?

A data marketplace pursues three complementary goals: Improve productivity and reduce costs Centralizes data and delivers it in suitable formats Eliminates manual tasks, silos, and dependence on the IT team Enables faster decisions based on reliable information Improve decision-making Provides a single source of truth accessible to everyone Data that is understandable and tailored to each role and need Supports operational, tactical, and strategic decisions Create new revenue streams and monetize data Extension to external partners and customers Development of innovative data-driven services and products Stronger ecosystem relationships and maximized value of data assets

How does a data marketplace help monetize data and create value with the ecosystem?

A data marketplace turns the data estate into a growth driver by facilitating monetization and collaboration with the ecosystem : Controlled access for partners and customers Datasets, APIs, or value-added analyses Monetization models: subscriptions, premium services, data partnerships Guaranteed quality and trust Documented, up-to-date, secure data Clear usage rights to secure transactions and build trust A collaborative platform for the ecosystem Sharing of ideas, use cases, and best practices Drives innovation and shared value creation Concrete example: Schneider Electric More than 540 users from 200 companies interact regularly Facilitates collaboration on energy efficiency and connected industry, creating value across the ecosystem.

Data marketplace

Data portals to provide seamless access to all or part of your data assets through an intuitive self-service marketplace experience across your organization and your ecosystem.

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Provide [ self-service access ] to your data assets and become a data-centric organization

Your needs

To turn your data into business value you need to make it available to everyone across the organization and beyond, enabling them to find, access and use it seamlessly and confidently during their working lives. You can deliver this through centralized, self-service data marketplaces, powered by data portals, connecting the right data assets with the right users in the right format, through an intuitive e-commerce style experience that aids data discovery, increases efficiency, deepens collaboration, and accelerates data use across your organization and your wider ecosystem.

Quickly create your [ data marketplace ] with Huwise’s data portal solution

Improve productivity and reduce costs with a centralized space for your data

Create a single, accessible, secure and intuitive marketplace for all or part of your data assets, making them easily available, discoverable, and reusable by all your relevant employees. By centralizing data and delivering it in the right formats to meet every need you will increase employee productivity, reduce data management costs and help build an agile, data-centric organization where data powers efficiency and effectiveness.

Improve decision-making throughout your organization

Empower your employees with the complete, reliable and high-quality data they need to drive more effective daily and strategic decision-making at all levels, through a unified portal that brings together all data assets. Deliver a single source of truth throughout your organization, with data made available in understandable, usable and tailored formats to meet every requirement, transforming your performance.

Create engaging marketplaces and monetize your data

Extend your data marketplace to partners and customers, creating innovative data-driven services and products that open up new revenue streams, differentiate your business and strengthen ecosystems, maximizing value from your data assets. Ensure quality, build confidence, manage monetization and efficiently scale usage through your data portal, building data-centric business models that boost your bottom line and increase collaboration.

Schneider Electric optimizes [ data sharing ] and increases efficiency and innovation

Our solution

Brings together a wide variety of resources, including datasets, APIs, and analytics in a single marketplace
Allows intuitive access to digital tools and know-how to enable partners to maximize reuse
Offers a powerful collaborative cloud platform for sharing ideas and concepts between ecosystem partners

The benefits

Built a vibrant marketplace, with over 540 users from 200 companies regularly interacting on Exchange
Enables Schneider Electric to easily work with its ecosystem to create value and spread energy efficiency ideas and best practice
Differentiates the company and increases collaboration and innovation by creating and launching new, data-driven services.

"This project allowed us to show that we were capable of capturing data, processing it, enriching it, and creating value from it, especially in the fields of IoT, energy management and industry. The platform provides the ability to understand the mechanics of generating value from our data, and that's very powerful."

Herveig Lecuyer

Data Factory Program Lead, Schneider Electric

Read the use case

Data Marketplace and Huwise’s [ key capabilities ]

Tech stack integration

The Huwise data portal solution seamlessly connects to your entire tech stack, including internal solutions and a wide range of cloud providers, in order to store, catalog, and share all your data assets through a powerful, intuitive, central and comprehensive data marketplace for all users.

Manage access and user rights

Ensure security and enforce access rights through Huwise’s tailored access and user management capabilities. This restricts access to more sensitive data assets to authorized users, ensuring confidentiality and compliance, while enabling users to apply for and be granted access through clear workflows.

Interactive dashboards

The Huwise data portal solution makes it easy to rapidly create tailored, interactive dashboards to meet the needs of all users, empowering employees and ensuring that your data becomes a tool for better decision-making, enhanced reporting, greater innovation and the launch of new revenue-generating services

Data asset catalog

By centralizing all data assets in a single location, Huwise enables users to quickly search through your complete data catalog, allowing them to seamlessly discover the best data asset in the right format for their needs, whatever their data skills, increasing efficiency, reducing search time and maximizing effectiveness

Reuse options

Huwise increases reuse by offering a full menu of options and formats to download, share and embed data assets within dashboards, apps, business solutions and web pages. Your users can download data in common formats, reuse by API, create visualizations or embed widgets in web pages

Learn more about [ our partners ]

We collaborate with technical experts to advance your data marketplace projects. Our partners bring specialized expertise in data integration, metadata management, and compliance, ensuring robust and scalable solutions. Explore the technical depth of our collaborations on our partner page.

Learn more

FAQ

A data marketplace is a platform that connects data producers and data consumers, inside or outside the organization, through an intuitive interface similar to e-commerce websites.
- Main objectives
  - Make data discoverable, accessible, and reusable by employees, partners, customers, or regulators
  - No specific technical skills required
- Key features
  - Centralization of the organization’s data assets
  - Formats tailored to each user profile: interactive dashboards, exports, APIs, widgets
  - Granular access rights management for security and compliance
- Difference from a data catalog
  - Lets users consume and reuse data directly, not just describe it
  - Creates operational, commercial, and strategic business value
In practice, a data marketplace turns data investments into tangible value at scale for the organization.
A data marketplace serves three complementary goals for the organizations that deploy it. The first objective is to improve productivity and reduce costs: by centralizing data and delivering it in the formats each need calls for, it eliminates manual consolidation tasks, removes silos between departments, and lets every employee find and use the data they need without going to the IT team. The result is a more agile organization where decisions are made faster, based on reliable, up-to-date information. The second objective is to improve decision-making at every level: by bringing all data assets together in a single source of truth, accessible to everyone in understandable formats tailored to their needs, a data marketplace gives teams the high-quality data they need to make better operational, tactical, and strategic decisions. The third objective is to create new revenue streams and monetize data: by extending the marketplace to external partners and customers, organizations can offer innovative data-driven services and products, create new value channels, and strengthen their ecosystem relationships while maximizing the value of their data assets.
A data marketplace pursues three complementary goals:
1. Improve productivity and reduce costs
  - Centralizes data and delivers it in suitable formats
  - Eliminates manual tasks, silos, and dependence on the IT team
  - Enables faster decisions based on reliable information
2. Improve decision-making
  - Provides a single source of truth accessible to everyone
  - Data that is understandable and tailored to each role and need
  - Supports operational, tactical, and strategic decisions
3. Create new revenue streams and monetize data
  - Extension to external partners and customers
  - Development of innovative data-driven services and products
  - Stronger ecosystem relationships and maximized value of data assets
A data marketplace turns the data estate into a growth driver by facilitating monetization and collaboration with the ecosystem:
- Controlled access for partners and customers
  - Datasets, APIs, or value-added analyses
  - Monetization models: subscriptions, premium services, data partnerships
- Guaranteed quality and trust
  - Documented, up-to-date, secure data
  - Clear usage rights to secure transactions and build trust
- A collaborative platform for the ecosystem
  - Sharing of ideas, use cases, and best practices
  - Drives innovation and shared value creation
Concrete example: Schneider Electric
- More than 540 users from 200 companies interact regularly
- Facilitates collaboration on energy efficiency and connected industry, creating value across the ecosystem.