From Data Asset to Data Product - The Role of the Data Provider in the Enterprise Data Marketplace

Published: 01 Jan 2022, Last Modified: 07 Feb 2025SummerSOC 2022EveryoneRevisionsBibTeXCC BY-SA 4.0
Abstract: In the big data era companies have an increasing volume of data at their disposal. To enable the democratization of this data so it can be found, understood and accessed by the majority of employees, so-called data providers must first publish the data and provide provisioning options. However, a lack of incentives and increased effort for the data providers to share their data hinders the democratization of data. In this work, we present the current state and challenges of a data provider’s journey, derived from a literature study as well as expert interviews we conducted with a globally active manufacturer. To address these challenges, we propose the use of an enterprise data marketplace, a platform for sharing data within the company. By presenting a functionality framework for such a marketplace and by highlighting how it can integrate with a company’s data catalog, we outline how a marketplace can support the data provider. We implemented a prototype of an enterprise data marketplace and determined the feasibility of three scenarios to relieve the data provider. Finally, an assessment based on the prototype yields that the data marketplace supports the provider throughout the provider’s journey, addresses major challenges, and thus, contributes to the overall goal of data democratization within enterprises.
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