Prices in the data market fluctuate with supply and demand, taking into account a variety of different criteria.
These 10 questions will help you define the value of your data
- Notoriety: can you count on your reputation? What level of confidence will acquirers have in you?
- Completeness: is your file sufficient on its own?
- Rarity: how many organizations are able to provide the same information as you?
- Reliability: does your data reflect reality? Is it accurate, verified, up-to-date?
- Organization: is your file presentation stable and easily used by acquirers?
- Frequency and periodicity: are you able to refresh your data regularly?
- Sustainability: will your data continue to be produced in the future?
- Volume: does your file contain a large amount of data? What is its background?
- Clarity: is your file easy to understand and well-documented?
- Dependency: are there acquirers for whom your data is critical?