MWC 2019: Dawex to launch Private Data Exchange
Global data marketplace, Dawex is to launch its new Private Data Exchange service at MWC 2019. It is designed to support organisations securely at every step of their digital transformation journey and data monetisation initiatives.
- (1888PressRelease) February 25, 2019 - Dawex will officially launch its Private Data Exchange service at the Mobile World Congress 2019 in hall 8.1D41, stand 10.
Intended for users who wish to use the platform in private mode, the service allows companies to exchange internal data free of charge or for a fee, between divisions or subsidiaries but also with private or public customers, suppliers and partners.
Dawex is a global platform where companies can source, market and exchange data directly and securely, in compliance with current regulations. Dawex does not buy or sell the data - companies retain complete control over all transactions. Dawex has teams located in France, Canada and the US.
Since 2017, more than 6,000 companies from more than 50 countries have registered on the platform. 10% of them are global companies, 45% are located in Europe and 35% in the US. They work across more than 20 sectors of activity.
"We are launching Private Data Exchange at MWC because the show is a reference for companies in the IOT sector, which is generating ever increasing amounts of data. This event is an opportunity for Dawex, as a data marketplace, to showcase its technology and promote its Private Data Exchange offering" said Fabrice Tocco, Co-CEO of Dawex.
The global market for data exchange and monetisation is growing rapidly via 4 main drivers:
• the continuous increase in the volume of data generated (accentuated by the democratization of connected objects and IoT technologies for companies)
• the maturity of data economies
• the exponential increase in the number of companies developing "data-driven" solutions and products and the emergence
• democratization of technologies consuming massive volumes of data (AI, machine learning).
It is expected to reach $500 billion by 2022 and $708 billion by 2025 according to Gartner, Forrester and McKinsey.
The revenues generated by the data commercialisation can allow a company to increase its turnover by over 20% while increasing their value by up to 25% (BCG, McKinsey).
In line with this growth, the market needs secure and organised environments such as the Dawex platform, where companies can meet, discuss, market and acquire data in total confidence, while at the same time reducing risk and costs.
Dawex will be exhibiting at MWC on the French Tech pavilion, Hall 8.1D41, stand 10.
For further information, please contact:
Fabrice Tocco, tocco ( @ ) dawex dot com
www.dawex.com
For futher information about this press release, please contact:
Catherine Ryall, Business France UK
catherine.ryall ( @ ) businessfrance dot fr
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