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October 1, 2012 04:00 am GMT

Data Markets: The Emerging Data Economy

Gil ElbazEditor's note: Gil Elbazis an entrepreneur and pioneer of natural language technology. In 1998, he co-founded Applied Semantics, which developed contextual advertising products, including ASI's AdSense. In 2003, Google acquired ASI, and after a four-year stint at Google, Gil found Factual in 2007. Follow him on Twitter.The term data market brings to mind a traditional structure in which vendors sell data for money. Indeed, this form of market is on the rise with companies large and small jumping in. Think of Azure Data Marketplace (Microsoft), data.com (Salesforce.com), InfoChimps.com, and DataMarkets.com.

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