TAILIEUCHUNG - A classification framework for data marketplaces

Trading data as a commodity has become increasingly popular in recent years, and data marketplaces have emerged as a new business model where data from a variety of sources can be collected, aggregated, processed, enriched, bought, and sold. | Vietnam J Comput Sci 2016 3 137-143 DOI s4O595-016-0064-2 CrossMark REGULAR PAPER A classification framework for data marketplaces Florian Stahl 1 2 Fabian Schomm1 Gottfried Vossen1 2 Lara Vomfell1 Received 2 March 2016 Accepted 3 March 2016 Published online 17 March 2016 The Author s 2016. This article is published with open access at Abstract Trading data as a commodity has become increasingly popular in recent years and data marketplaces have emerged as a new business model where data from a variety of sources can be collected aggregated processed enriched bought and sold. They are effectively changing the way data are distributed and managed on the Internet. To get a better understanding of the emergence of data marketplaces we have conducted several surveys in recent years to systematically gather and evaluate their characteristics. This paper takes a broader perspective and relates data marketplaces as currently discussed in computer science to the neoclassical notions of market and marketplace from economics. Specifically we provide a typology of electronic marketplaces and discuss their approaches to the distribution of data. Finally we provide a distinct definition of data marketplaces leading to a classification framework that can provide structure for the emerging field of data marketplace research. Keywords Data-as-a-Service Data marketplace Data marketplace survey Data marketplace development Classification Economics Computer Science B Gottfried Vossen vossen@ vossen@ Florian Stahl fstahl@ Fabian Schomm Lara Vomfell 1 ERCIS University of Munster Munster Germany 2 The University of Waikato Management School Hamilton New Zealand 1 Introduction The Internet allows for almost ubiquitous transactions access to and exchange of information and instant communication. Due to the unprecedented supply of data .

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