"data market" entries

DataMarket charges up with open energy data

Want to build a business on open data? Add value by solving a problem for your users.

Hjalmar Gislason commented earlier this year that open data has been all about apps. In the future, it should be about much more than consumer-facing tools. “Think also about the less sexy cases that can help a few people save us millions of dollars in aggregate, generate new insights and improve decision making on various levels,” he suggested.

Today, the founder and CEO of DataMarket told the audience of the first White House Energy Datapalooza that his company would make energy data more discoverable and usable. In doing so, Datamarket will be be tapping into an emerging data economy of businesses using open government data.

“We are honored to have been invited to take part in this fantastic initiative,” said Gislason in a prepared statement. “At DataMarket we focus on doing one thing well: aggregating vast amounts of heterogeneous data to help business users with their planning and decision-making. Our new energy portal applies this know-how to the US government’s energy data, for the first time enabling these valuable resources to be searched, visualized and shared through one gateway and in combination with other domestic and worldwide open data sources.”

Energy.datamarket.com, which won’t go live officially until mid-October, will offer search for 10 thousand data sets, 2 million time series and 50 million energy facts. DataMarket.com is based upon data from thirteen different data providers including the U.S. Department of Energy’s Energy Information Agency (EIA), Oak Ridge National Laboratory, Energy Efficiency and Renewable Energy program, National Renewable Energy Laboratory, the Environmental Protection Agency (EPA), the Bureau of Transportation Statistics, the World Bank and United Nations.

Last week, I interviewed Gislason about his company and why they’re focusing on energy data.

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Data markets compared

A look at data market offerings from four providers.

Strata chair Edd Dumbill provides an overview of the most mature data markets (Infochimps, Factual, Windows Azure Data Marketplace, DataMarket), and contrasts their different approaches and facilities.

Tapping into a world of ambient data

Microsoft's David Campbell on what's changed in the data frame.

Microsoft is thinking about big data and creating new tools to create value from it. In this interview from the Web 2.0 Summit, David Campbell, a technical fellow at Microsoft, talks about his work and thinking about big data.

An iTunes model for data

Datasets as albums? Entities as singles? How an iTunes for data might work.

iTunes and other digital markets create value not just through content, but through the convenience of the distribution channel and the flexibility to buy only what you need. Factual CEO Gil Elbaz says a similar model could work for data.